Howden Joinery Group (CHIX:HWDNL) ROE %: 31.38% (As of Dec. 2025) — 13% Below Median


CHIX:HWDNL Howden Joinery Group PLC CHIX:HWDNL
93 GF Score
Price £8.61
GF Value £8.75
Valuation Fairly Valued
! 1 Warning Sign
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What is Howden Joinery Group ROE %?

Howden Joinery Group CHIX:HWDNL -0.75% 93 ROE % is 31.38% as of Dec. 2025, which is 13% below its 10-year median of 36.04. GuruFocus rates CHIX:HWDNL with a GF Score™ of 93/100 and a GF Value™ of £8.75 (Fairly Valued). The stock has 1 warning sign investors should review. Among 428 Furnishings, Fixtures & Appliances companies, Howden Joinery Group ranks better than 93.93% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Howden Joinery Group's annualized net income for the quarter that ended in Dec. 2025 was £356 Mil. Howden Joinery Group's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was £1,135 Mil. Therefore, Howden Joinery Group's annualized ROE % for the quarter that ended in Dec. 2025 was 31.38%.

The historical rank and industry rank for Howden Joinery Group's ROE % or its related term are showing as below:

CHIX:HWDNl' s ROE % Range Over the Past 10 Years
Min: 22.1   Med: 36.04   Max: 45.34
Current: 23.63

During the past 13 years, Howden Joinery Group's highest ROE % was 45.34%. The lowest was 22.10%. And the median was 36.04%.

CHIX:HWDNl's ROE % is ranked better than
93.93% of 428 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.6 vs CHIX:HWDNl: 23.63

Howden Joinery Group  (CHIX:HWDNl) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=356.2/1135.25
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(356.2 / 2840.8)*(2840.8 / 2302.15)*(2302.15 / 1135.25)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.54 %*1.234*2.0279
=ROA %*Equity Multiplier
=15.47 %*2.0279
=31.38 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=356.2/1135.25
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (356.2 / 455.4) * (455.4 / 467.8) * (467.8 / 2840.8) * (2840.8 / 2302.15) * (2302.15 / 1135.25)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7822 * 0.9735 * 16.47 % * 1.234 * 2.0279
=31.38 %

Note: The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Howden Joinery Group ROE % Related Terms


Howden Joinery Group ROE % Historical Data

* Premium members only.

The historical data trend for Howden Joinery Group's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Howden Joinery Group ROE % Chart

Howden Joinery Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.73 40.17 27.52 23.66 23.08

Howden Joinery Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.55 17.05 30.97 16.23 31.38

CHIX:HWDNL vs SN, SGI, MHK: ROE % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Howden Joinery Group's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Howden Joinery Group ROE % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Howden Joinery Group's ROE % distribution charts can be found below:

* The bar in red indicates where Howden Joinery Group's ROE % falls into.


CHIX:HWDNL
93GF Score
Howden Joinery Group PLC CHIX:HWDNL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Howden Joinery Group ROE % Calculation

Howden Joinery Group's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=267.7/( (1128.7+1190.9)/ 2 )
=267.7/1159.8
=23.08 %

Howden Joinery Group's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=356.2/( (1079.6+1190.9)/ 2 )
=356.2/1135.25
=31.38 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 31.38% mean?
Howden Joinery Group (CHIX:HWDNL) has a ROE % of 31.38% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Howden Joinery Group and its competitors. This is 13% below median its historical median of 36.04. Over the past decade, Howden Joinery Group's ROE % has ranged from 22.10 to 45.34. According to the industry distribution chart, Howden Joinery Group ranks #26 out of 428 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 6.1%.
Is Howden Joinery Group's ROE % too high?
Howden Joinery Group's current ROE % of 31.38% is 13% below median its 10-year median of 36.04. Over the past 10 years, this metric has ranged from a low of 22.10 to a high of 45.34. The Furnishings, Fixtures & Appliances industry median ROE % is 4.60. Howden Joinery Group's value of 31.38% is 582.2% above this industry median. Based on the distribution chart, Howden Joinery Group ranks #26 out of 428 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Howden Joinery Group has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Howden Joinery Group's ROE % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Howden Joinery Group ranks #26 out of 428 companies for ROE %. This places Howden Joinery Group in the top 6% of its industry — outperforming the majority of peers. The industry median ROE % is 4.60. Howden Joinery Group's value of 31.38% is 582.2% above this benchmark. Historically, Howden Joinery Group's own ROE % has ranged from 22.10 to 45.34 over the past decade. While the company's 10-year median is 36.04 vs. the industry median of 4.60, Howden Joinery Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Furnishings, Fixtures & Appliances company?
The median ROE % among Furnishings, Fixtures & Appliances companies is 4.60, based on 428 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Howden Joinery Group's current ROE % of 31.38% is 582.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Howden Joinery Group and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROE % is 4.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Howden Joinery Group's current ROE % is 31.38%, which is 13% below median its own 10-year median of 36.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Howden Joinery Group stock overvalued right now?
Based on GuruFocus' analysis, Howden Joinery Group (CHIX:HWDNL) is currently considered Fairly Valued. The stock's GF Value™ is £8.75, compared to a current price of £8.61 — trading 1.7% below its estimated fair value. The current ROE % is 31.38%, which is 13% below median its 10-year median of 36.04 and 582.2% above the Furnishings, Fixtures & Appliances industry median of 4.60. Howden Joinery Group's overall GF Score™ is 93/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Howden Joinery Group (CHIX:HWDNL), the current ROE % is 31.38% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Howden Joinery Group (CHIX:HWDNL) Overvalued in 2026?

Based on GuruFocus' analysis, Howden Joinery Group stock appears to be undervalued. The current stock price of £8.61 is trading 1.7% below its estimated GF Value™ of £8.75. GuruFocus considers Howden Joinery Group to be Fairly Valued.

Key valuation signals for CHIX:HWDNL:

  • ROE %: 31.38% (13% below median its 10-year median of 36.04)
  • GF Value™: £8.75 vs. price of £8.61 (1.7% below fair value)
  • GF Score™: 93/100 with 1 warning sign
  • Industry Position: 582.2% above the Furnishings, Fixtures & Appliances median (#26 of 428)

No single metric tells the full story. See the CHIX:HWDNL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Howden Joinery Group Business Description

Address 105 Wigmore Street, London, GBR, W1U 1QY
Howden Joinery Group Plc is the UK's specialist trade-only kitchen and joinery supplier, focused on serving trade customers through an in-stock, local depot model supported by UK manufacturing, sourcing, and distribution. The Company designs, manufactures, and sources kitchen and joinery products, including cabinets, cabinet frontals, worktops, and skirting boards, and supplies a multiple products such as appliances, joinery, flooring, and hardware necessary to complete any kitchen, along with design, planning, and support services to trade customers. The business operates as a trade-only, in-stock kitchen and joinery supply model supported by manufacturing, sourcing, and distribution operations. It generates the majority of its revenue from the UK.
93GF Score

Get the complete analysis for CHIX:HWDNL

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£8.61
Price
£8.75
GF Value