HOCFF (Hochtief AG) ROE %: 59.49% (As of Mar. 2026) — 36% Above Median


HOCFF Hochtief AG HOCFF
71 GF Score
Price $565.38
GF Value $182.84
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Hochtief AG ROE %?

Hochtief AG HOCFF 71 ROE % is 59.49% as of Mar. 2026, which is 36% above its 10-year median of 43.89. GuruFocus rates HOCFF with a GF Score™ of 71/100 and a GF Value™ of $182.84 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,743 Construction companies, Hochtief AG ranks better than 98.34% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hochtief AG's annualized net income for the quarter that ended in Mar. 2026 was $971 Mil. Hochtief AG's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $1,632 Mil. Therefore, Hochtief AG's annualized ROE % for the quarter that ended in Mar. 2026 was 59.49%.

The historical rank and industry rank for Hochtief AG's ROE % or its related term are showing as below:

HOCFF' s ROE % Range Over the Past 10 Years
Min: -13.16   Med: 43.89   Max: 77.13
Current: 70.06

During the past 13 years, Hochtief AG's highest ROE % was 77.13%. The lowest was -13.16%. And the median was 43.89%.

HOCFF's ROE % is ranked better than
98.34% of 1743 companies
in the Construction industry
Industry Median: 6.69 vs HOCFF: 70.06

Hochtief AG  (OTCPK:HOCFF) 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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=971.232/1632.49
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(971.232 / 43439.3)*(43439.3 / 28860.9475)*(28860.9475 / 1632.49)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.24 %*1.5051*17.6791
=ROA %*Equity Multiplier
=3.37 %*17.6791
=59.49 %

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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=971.232/1632.49
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (971.232 / 1593.536) * (1593.536 / 1693.948) * (1693.948 / 43439.3) * (43439.3 / 28860.9475) * (28860.9475 / 1632.49)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6095 * 0.9407 * 3.9 % * 1.5051 * 17.6791
=59.49 %

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.


Hochtief AG ROE % Related Terms


Hochtief AG ROE % Historical Data

* Premium members only.

The historical data trend for Hochtief AG'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.

Hochtief AG ROE % Chart

Hochtief AG 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 27.32 48.46 44.74 65.77 81.06

Hochtief AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 108.54 73.96 82.60 87.58 59.49

HOCFF vs PWR, FIX, EME: ROE % Comparison

For the Engineering & Construction subindustry, Hochtief AG'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.


Hochtief AG ROE % vs Construction Industry

For the Construction industry and Industrials sector, Hochtief AG's ROE % distribution charts can be found below:

* The bar in red indicates where Hochtief AG's ROE % falls into.


HOCFF
71GF Score
Hochtief AG HOCFF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hochtief AG ROE % Calculation

Hochtief AG'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 )
=1056.596/( (1122.303+1484.714)/ 2 )
=1056.596/1303.5085
=81.06 %

Hochtief AG's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=971.232/( (1484.714+1780.266)/ 2 )
=971.232/1632.49
=59.49 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 59.49% mean?
Hochtief AG (HOCFF) has a ROE % of 59.49% 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 Hochtief AG and its competitors. This is 36% above median its historical median of 43.89. According to the industry distribution chart, Hochtief AG ranks #29 out of 1743 companies in the Construction industry, placing it in the top 1.7%.
Is Hochtief AG's ROE % too high?
Hochtief AG's current ROE % of 59.49% is 36% above median its 10-year median of 43.89. The Construction industry median ROE % is 6.69. Hochtief AG's value of 59.49% is 789.2% above this industry median. Based on the distribution chart, Hochtief AG ranks #29 out of 1743 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Hochtief AG has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hochtief AG's ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, Hochtief AG ranks #29 out of 1743 companies for ROE %. This places Hochtief AG in the top 2% of its industry — outperforming the majority of peers. The industry median ROE % is 6.69. Hochtief AG's value of 59.49% is 789.2% above this benchmark. While the company's 10-year median is 43.89 vs. the industry median of 6.69, Hochtief AG 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 Construction company?
The median ROE % among Construction companies is 6.69, based on 1,743 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. Hochtief AG's current ROE % of 59.49% is 789.2% 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 Hochtief AG and its competitors. For the Construction industry, the median ROE % is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hochtief AG's current ROE % is 59.49%, which is 36% above median its own 10-year median of 43.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hochtief AG stock overvalued right now?
Based on GuruFocus' analysis, Hochtief AG (HOCFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $182.84, compared to a current price of $565.38 — trading 209.2% above its estimated fair value. The current ROE % is 59.49%, which is 36% above median its 10-year median of 43.89 and 789.2% above the Construction industry median of 6.69. Hochtief AG's overall GF Score™ is 71/100 with 8 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 Hochtief AG (HOCFF), the current ROE % is 59.49% 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 Hochtief AG (HOCFF) Overvalued in 2026?

Based on GuruFocus' analysis, Hochtief AG stock appears to be overvalued. The current stock price of $565.38 is trading 209.2% above its estimated GF Value™ of $182.84. GuruFocus considers Hochtief AG to be Significantly Overvalued.

Key valuation signals for HOCFF:

  • ROE %: 59.49% (36% above median its 10-year median of 43.89)
  • GF Value™: $182.84 vs. price of $565.38 (209.2% above fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 789.2% above the Construction median (#29 of 1743)

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


Hochtief AG Business Description

Address Alfredstrasse 236, Essen, NW, DEU, 45133
Hochtief AG develops and constructs building and infrastructure projects. It works on complex projects in transportation, energy, urban infrastructure, and mining markets. It expands transportation networks with roads, bridges, and tunnels, or designs and constructs office buildings, hospitals, and power plants. The company leans on expertise and technical know-how in developing, financing, building, and operating in designated business areas. Also, it will partner with external groups to work on specific components of a project. Its regional divisions are Americas, Asia Pacific, and Europe. The Americas and the Asia Pacific account for the majority of sales and are where the company's assets are located.
71GF Score

Get the complete analysis for HOCFF

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

$565.38
Price
$182.84
GF Value