Hudaco Industries (JSE:HDC) ROE %: 17.27% (As of Nov. 2025) — Near Median


JSE:HDC Hudaco Industries Ltd JSE:HDC
89 GF Score
Price R188.52
GF Value R189.20
Valuation Fairly Valued
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What is Hudaco Industries ROE %?

Hudaco Industries JSE:HDC -3.26% 89 ROE % is 17.27% as of Nov. 2025, which is at its 10-year median of 17.27. GuruFocus rates JSE:HDC with a GF Score™ of 89/100 and a GF Value™ of R189.20 (Fairly Valued). Among 155 Industrial Distribution companies, Hudaco Industries ranks better than 83.23% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hudaco Industries's annualized net income for the quarter that ended in Nov. 2025 was R615 Mil. Hudaco Industries's average Total Stockholders Equity over the quarter that ended in Nov. 2025 was R3,558 Mil. Therefore, Hudaco Industries's annualized ROE % for the quarter that ended in Nov. 2025 was 17.27%.

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

JSE:HDC' s ROE % Range Over the Past 10 Years
Min: 1.33   Med: 17.27   Max: 20.01
Current: 16.37

During the past 13 years, Hudaco Industries's highest ROE % was 20.01%. The lowest was 1.33%. And the median was 17.27%.

JSE:HDC's ROE % is ranked better than
83.23% of 155 companies
in the Industrial Distribution industry
Industry Median: 7.21 vs JSE:HDC: 16.37

Hudaco Industries  (JSE:HDC) 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: Nov. 2025 )
=Net Income/Total Stockholders Equity
=614.534/3557.5525
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(614.534 / 9724.718)*(9724.718 / 6817.6265)*(6817.6265 / 3557.5525)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.32 %*1.4264*1.9164
=ROA %*Equity Multiplier
=9.01 %*1.9164
=17.27 %

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: Nov. 2025 )
=Net Income/Total Stockholders Equity
=614.534/3557.5525
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (614.534 / 1014.232) * (1014.232 / 1346.47) * (1346.47 / 9724.718) * (9724.718 / 6817.6265) * (6817.6265 / 3557.5525)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6059 * 0.7533 * 13.85 % * 1.4264 * 1.9164
=17.27 %

Note: The net income data used here is two times the semi-annual (Nov. 2025) net income data. The Revenue data used here is two times the semi-annual (Nov. 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.


Hudaco Industries ROE % Related Terms


Hudaco Industries ROE % Historical Data

* Premium members only.

The historical data trend for Hudaco Industries'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.

Hudaco Industries ROE % Chart

Hudaco Industries Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.28 20.01 19.14 15.11 16.24

Hudaco Industries Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 21.81 13.66 17.00 15.56 17.27

JSE:HDC vs GWW, FAST, FERG: ROE % Comparison

For the Industrial Distribution subindustry, Hudaco Industries'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.


Hudaco Industries ROE % vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Hudaco Industries's ROE % distribution charts can be found below:

* The bar in red indicates where Hudaco Industries's ROE % falls into.


JSE:HDC
89GF Score
Hudaco Industries Ltd JSE:HDC
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hudaco Industries ROE % Calculation

Hudaco Industries's annualized ROE % for the fiscal year that ended in Nov. 2025 is calculated as

ROE %=Net Income (A: Nov. 2025 )/( (Total Stockholders Equity (A: Nov. 2024 )+Total Stockholders Equity (A: Nov. 2025 ))/ count )
=574.267/( (3410.049+3661.105)/ 2 )
=574.267/3535.577
=16.24 %

Hudaco Industries's annualized ROE % for the quarter that ended in Nov. 2025 is calculated as

ROE %=Net Income (Q: Nov. 2025 )/( (Total Stockholders Equity (Q: May. 2025 )+Total Stockholders Equity (Q: Nov. 2025 ))/ count )
=614.534/( (3454+3661.105)/ 2 )
=614.534/3557.5525
=17.27 %

* 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 (Nov. 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 17.27% mean?
Hudaco Industries (JSE:HDC) has a ROE % of 17.27% as of Nov. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Hudaco Industries and its competitors. This is near median its historical median of 17.27. Over the past decade, Hudaco Industries' ROE % has ranged from 1.33 to 20.01. According to the industry distribution chart, Hudaco Industries ranks #26 out of 155 companies in the Industrial Distribution industry, placing it in the top 16.8%.
Is Hudaco Industries' ROE % too high?
Hudaco Industries' current ROE % of 17.27% is near median its 10-year median of 17.27. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 20.01. The Industrial Distribution industry median ROE % is 7.21. Hudaco Industries' value of 17.27% is 139.5% above this industry median. Based on the distribution chart, Hudaco Industries ranks #26 out of 155 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Hudaco Industries has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hudaco Industries' ROE % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Hudaco Industries ranks #26 out of 155 companies for ROE %. This places Hudaco Industries in the top 17% of its industry — outperforming the majority of peers. The industry median ROE % is 7.21. Hudaco Industries' value of 17.27% is 139.5% above this benchmark. Historically, Hudaco Industries' own ROE % has ranged from 1.33 to 20.01 over the past decade. While the company's 10-year median is 17.27 vs. the industry median of 7.21, Hudaco Industries 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 an Industrial Distribution company?
The median ROE % among Industrial Distribution companies is 7.21, based on 155 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. Hudaco Industries's current ROE % of 17.27% is 139.5% 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 Hudaco Industries and its competitors. For the Industrial Distribution industry, the median ROE % is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hudaco Industries's current ROE % is 17.27%, which is near median its own 10-year median of 17.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hudaco Industries stock overvalued right now?
Based on GuruFocus' analysis, Hudaco Industries (JSE:HDC) is currently considered Fairly Valued. The stock's GF Value™ is R189.20, compared to a current price of R188.52 — trading 0.4% below its estimated fair value. The current ROE % is 17.27%, which is near median its 10-year median of 17.27 and 139.5% above the Industrial Distribution industry median of 7.21. Hudaco Industries' overall GF Score™ is 89/100. 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 Hudaco Industries (JSE:HDC), the current ROE % is 17.27% as of Nov. 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 Hudaco Industries (JSE:HDC) Overvalued in 2026?

Based on GuruFocus' analysis, Hudaco Industries stock appears to be undervalued. The current stock price of R188.52 is trading 0.4% below its estimated GF Value™ of R189.20. GuruFocus considers Hudaco Industries to be Fairly Valued.

Key valuation signals for JSE:HDC:

  • ROE %: 17.27% (near median its 10-year median of 17.27)
  • GF Value™: R189.20 vs. price of R188.52 (0.4% below fair value)
  • GF Score™: 89/100
  • Industry Position: 139.5% above the Industrial Distribution median (#26 of 155)

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


Hudaco Industries Business Description

Address Emerald Boulevard, Greenstone Hill, Building 9, 1st Floor, Greenstone Hill Office Park, Edenvale, GT, ZAF, 1609
Hudaco Industries Ltd is engaged in importing and distributing branded automotive, industrial and electrical consumable products. The company operates in two business segment such as Consumer-related product segment which includes power tools, security equipment, communication equipment, automotive and batteries, and Engineering consumables segment which consist of bearings, diesel engines and spares, and power transmission. It generates maximum revenue from Engineering consumables segment. Geographically, it derives a majority of revenue from South Africa.
89GF Score

Get the complete analysis for JSE:HDC

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

R188.52
Price
R189.20
GF Value