The historical rank and industry rank for High Arctic Energy Services's ROE % or its related term are showing as below:
HGHAF'
s ROE % Range Over the Past 10 Years
Min: -27.71 Med: -1.18 Max: 47.01
Current: 6.08
During the past 13 years, High Arctic Energy Services's highest ROE % was 47.01%. The lowest was -27.71%. And the median was -1.18%.
HGHAF's ROE % is ranked better than 50.57% of 957
companies
in the Oil & Gas industry
Industry Median: 5.74
vs HGHAF: 6.08
High Arctic Energy Services (OTCPK:HGHAF) 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:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.
* 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.
For the Oil & Gas Equipment & Services subindustry, High Arctic Energy Services'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.
High Arctic Energy Services ROE % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, High Arctic Energy Services's ROE % distribution charts can be found below:
* The bar in red indicates where High Arctic Energy Services's ROE % falls into.
* 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 four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
High Arctic Energy Services (HGHAF) has a ROE % of 15.20% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on High Arctic Energy Services and its competitors. According to the industry distribution chart, High Arctic Energy Services ranks #473 out of 957 companies in the Oil & Gas industry, placing it in the top 49.4%.
Is High Arctic Energy Services' ROE % too high?
High Arctic Energy Services' current ROE % is 15.20%. The Oil & Gas industry median ROE % is 5.74. High Arctic Energy Services' value of 15.20% is 164.8% above this industry median. Based on the distribution chart, High Arctic Energy Services ranks #473 out of 957 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, High Arctic Energy Services has a GF Score™ of 37/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does High Arctic Energy Services' ROE % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, High Arctic Energy Services ranks #473 out of 957 companies for ROE %. This puts High Arctic Energy Services in the upper half of its industry. The industry median ROE % is 5.74. High Arctic Energy Services' value of 15.20% is 164.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.74, based on 957 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. High Arctic Energy Services's current ROE % of 15.20% is 164.8% 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 High Arctic Energy Services and its competitors. For the Oil & Gas industry, the median ROE % is 5.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Arctic Energy Services's current ROE % is 15.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Arctic Energy Services stock overvalued right now?
Based on GuruFocus' analysis, High Arctic Energy Services (HGHAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.86, compared to a current price of $0.68 — trading 20.9% below its estimated fair value. The current ROE % is 15.20% and 164.8% above the Oil & Gas industry median of 5.74. High Arctic Energy Services' overall GF Score™ is 37/100 with 3 warning signs 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 High Arctic Energy Services (HGHAF), the current ROE % is 15.20% as of Mar. 2026. 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 High Arctic Energy Services (HGHAF) Overvalued in 2026?
Based on GuruFocus' analysis, High Arctic Energy Services stock appears to be undervalued.
The current stock price of $0.68 is trading 20.9% below its estimated GF Value™ of $0.86.
GuruFocus considers High Arctic Energy Services to be Modestly Undervalued.
Key valuation signals for HGHAF:
ROE %: 15.20%
GF Value™: $0.86 vs. price of $0.68 (20.9% below fair value)
Industry Position: 164.8% above the Oil & Gas median (#473 of 957)
No single metric tells the full story. See the HGHAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
High Arctic Energy Services Inc is engaged in providing contract drilling, well servicing, completion services, equipment rentals, and other oilfield services to the oil and natural gas industry in Papua New Guinea and Canada. The operating segments of the company are the Drilling Services segment, which consists of drilling services; the Production Services segment, which consists of well servicing and snubbing services and the Rental Services segment consists of High Arctic's oilfield rental equipment of pressure control and other oilfield equipment to exploration and production companies in Canada. The Rental Services segment generates the majority company's revenue.
37GF Score
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