Highway Capital (LSE:HWC) ROE %: 0.00% (As of Feb. 2023)


What is Highway Capital ROE %?

Highway Capital LSE:HWC ROE % is 0.00% as of Feb. 2023.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Highway Capital's annualized net income for the quarter that ended in Feb. 2023 was £-0.37 Mil. Highway Capital's average Total Stockholders Equity over the quarter that ended in Feb. 2023 was £-1.88 Mil. Therefore, Highway Capital's annualized ROE % for the quarter that ended in Feb. 2023 was N/A%.

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

LSE:HWC's ROE % is not ranked *
in the Conglomerates industry.
Industry Median: 5.99
* Ranked among companies with meaningful ROE % only.

Highway Capital  (LSE:HWC) 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: Feb. 2023 )
=Net Income/Total Stockholders Equity
=-0.374/-1.8815
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.374 / 0)*(0 / 0.0085)*(0.0085 / -1.8815)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*N/A
=ROA %*Equity Multiplier
=N/A %*N/A
=N/A %

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: Feb. 2023 )
=Net Income/Total Stockholders Equity
=-0.374/-1.8815
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.374 / -0.374) * (-0.374 / -0.374) * (-0.374 / 0) * (0 / 0.0085) * (0.0085 / -1.8815)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1 * N/A % * 0 * N/A
=N/A %

Note: The net income data used here is two times the semi-annual (Feb. 2023) net income data. The Revenue data used here is two times the semi-annual (Feb. 2023) 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.

Highway Capital ROE % Related Terms

Highway Capital ROE % Historical Data

* Premium members only.

The historical data trend for Highway Capital'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.

Highway Capital ROE % Chart

Highway Capital Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Highway Capital Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Feb24
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 0.00 0.00 0.00 0.00 0.00

LSE:HWC vs HON, MMM, IEP: ROE % Comparison

For the Conglomerates subindustry, Highway Capital'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.

Highway Capital ROE % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Highway Capital's ROE % distribution charts can be found below:

* The bar in red indicates where Highway Capital's ROE % falls into.


Highway Capital ROE % Calculation

Highway Capital's annualized ROE % for the fiscal year that ended in Feb. 2023 is calculated as

ROE %=Net Income (A: Feb. 2023 )/( (Total Stockholders Equity (A: Feb. 2022 )+Total Stockholders Equity (A: Feb. 2023 ))/ count )
=-0.43/( (-1.669+-1.851)/ 2 )
=-0.43/-1.76
=N/A %

Highway Capital's annualized ROE % for the quarter that ended in Feb. 2023 is calculated as

ROE %=Net Income (Q: Feb. 2023 )/( (Total Stockholders Equity (Q: Aug. 2022 )+Total Stockholders Equity (Q: Feb. 2023 ))/ count )
=-0.374/( (-1.912+-1.851)/ 2 )
=-0.374/-1.8815
=N/A %

* 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 (Feb. 2023) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 0.00% mean?
Highway Capital (LSE:HWC) has a ROE % of 0.00% as of Feb. 2023. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Highway Capital and its competitors.
Is Highway Capital's ROE % too high?
Highway Capital's current ROE % is 0.00%.
How does Highway Capital's ROE % compare to HON and MMM?
Highway Capital's ROE % of 0.00% can be compared against companies in the Conglomerates industry. The industry median ROE % is 5.99. 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 Conglomerates company?
The median ROE % among Conglomerates companies is 5.99, based on 557 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. 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 Highway Capital and its competitors. For the Conglomerates industry, the median ROE % is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highway Capital's current ROE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highway Capital stock overvalued right now?
Highway Capital (LSE:HWC) has a current ROE % of 0.00%. The current ROE % is 0.00%. 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 Highway Capital (LSE:HWC), the current ROE % is 0.00% as of Feb. 2023. 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.

Highway Capital Business Description

Address Reynolds Road, Eden House, Beaconsfield, Buckinghamshire, GBR, HP9 2FL
Highway Capital PLC is a United Kingdom-based company. The company focuses on investing in or acquiring undervalued companies with either strong asset backing or opportunities, which possess high barriers to entry.