MHA (LSE:MHA) ROE %: 59.75% (As of Sep. 2025) — 42% Below Median


LSE:MHA MHA PLC LSE:MHA
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Price £1.36
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What is MHA ROE %?

MHA LSE:MHA +1.12% 29 ROE % is 59.75% as of Sep. 2025, which is 42% below its 10-year median of 102.14. GuruFocus rates LSE:MHA with a GF Score™ of 29/100. The stock has 3 warning signs investors should review. Among 1,058 Business Services companies, MHA ranks better than 98.68% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. MHA's annualized net income for the quarter that ended in Sep. 2025 was £36.1 Mil. MHA's average Total Stockholders Equity over the quarter that ended in Sep. 2025 was £60.4 Mil. Therefore, MHA's annualized ROE % for the quarter that ended in Sep. 2025 was 59.75%.

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

LSE:MHA' s ROE % Range Over the Past 10 Years
Min: 93.99   Med: 102.14   Max: 121.28
Current: 93.99

During the past 4 years, MHA's highest ROE % was 121.28%. The lowest was 93.99%. And the median was 102.14%.

LSE:MHA's ROE % is ranked better than
98.68% of 1058 companies
in the Business Services industry
Industry Median: 8.095 vs LSE:MHA: 93.99

MHA  (LSE:MHA) 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: Sep. 2025 )
=Net Income/Total Stockholders Equity
=36.09/60.4055
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(36.09 / 242.614)*(242.614 / 148.365)*(148.365 / 60.4055)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.88 %*1.6353*2.4562
=ROA %*Equity Multiplier
=24.33 %*2.4562
=59.75 %

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: Sep. 2025 )
=Net Income/Total Stockholders Equity
=36.09/60.4055
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (36.09 / 44.26) * (44.26 / 37.51) * (37.51 / 242.614) * (242.614 / 148.365) * (148.365 / 60.4055)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8154 * 1.18 * 15.46 % * 1.6353 * 2.4562
=59.75 %

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


MHA ROE % Related Terms


MHA ROE % Historical Data

* Premium members only.

The historical data trend for MHA'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.

MHA ROE % Chart

MHA Annual Data
Trend Mar22 Mar23 Mar24 Mar25
ROE %
97.84 105.69 98.58 121.28

MHA Semi-Annual Data
Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
ROE % Get a 7-Day Free Trial 72.26 119.68 139.84 105.28 59.75

LSE:MHA vs CTAS, CPRT, GPN: ROE % Comparison

For the Specialty Business Services subindustry, MHA'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.


MHA ROE % vs Business Services Industry

For the Business Services industry and Industrials sector, MHA's ROE % distribution charts can be found below:

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


LSE:MHA
29GF Score
MHA PLC LSE:MHA
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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MHA ROE % Calculation

MHA's annualized ROE % for the fiscal year that ended in Mar. 2025 is calculated as

ROE %=Net Income (A: Mar. 2025 )/( (Total Stockholders Equity (A: Mar. 2024 )+Total Stockholders Equity (A: Mar. 2025 ))/ count )
=83.072/( (63.417+73.576)/ 2 )
=83.072/68.4965
=121.28 %

MHA's annualized ROE % for the quarter that ended in Sep. 2025 is calculated as

ROE %=Net Income (Q: Sep. 2025 )/( (Total Stockholders Equity (Q: Mar. 2025 )+Total Stockholders Equity (Q: Sep. 2025 ))/ count )
=36.09/( (73.576+47.235)/ 2 )
=36.09/60.4055
=59.75 %

* 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 (Sep. 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 59.75% mean?
MHA (LSE:MHA) has a ROE % of 59.75% as of Sep. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on MHA and its competitors. This is 42% below median its historical median of 102.14. Over the past decade, MHA's ROE % has ranged from 93.99 to 121.28. According to the industry distribution chart, MHA ranks #14 out of 1058 companies in the Business Services industry, placing it in the top 1.3%.
Is MHA's ROE % too high?
MHA's current ROE % of 59.75% is 42% below median its 10-year median of 102.14. Over the past 10 years, this metric has ranged from a low of 93.99 to a high of 121.28. The Business Services industry median ROE % is 8.10. MHA's value of 59.75% is 638.1% above this industry median. Based on the distribution chart, MHA ranks #14 out of 1058 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, MHA has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does MHA's ROE % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, MHA ranks #14 out of 1058 companies for ROE %. This places MHA in the top 1% of its industry — outperforming the majority of peers. The industry median ROE % is 8.10. MHA's value of 59.75% is 638.1% above this benchmark. Historically, MHA's own ROE % has ranged from 93.99 to 121.28 over the past decade. While the company's 10-year median is 102.14 vs. the industry median of 8.10, MHA 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 Business Services company?
The median ROE % among Business Services companies is 8.10, based on 1,058 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. MHA's current ROE % of 59.75% is 638.1% 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 MHA and its competitors. For the Business Services industry, the median ROE % is 8.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MHA's current ROE % is 59.75%, which is 42% below median its own 10-year median of 102.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MHA stock overvalued right now?
MHA (LSE:MHA) has a current ROE % of 59.75%. The current ROE % is 59.75%, which is 42% below median its 10-year median of 102.14 and 638.1% above the Business Services industry median of 8.10. MHA's overall GF Score™ is 29/100 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 MHA (LSE:MHA), the current ROE % is 59.75% as of Sep. 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.

MHA Business Description

Address 150 Midsummer Boulevard, The Pinnacle, Buckinghamshire, Milton Keynes, GBR, MK9 1LZ
MHA PLC is an accountancy firm in the UK. The company acts as a professional services provider of audit and assurance, tax, accountancy, and advisory services, based in the UK with an international presence. The company is referred to as a trusted advisor to its clients, offering skills and services across multiple disciplines and sectors. The company operates in one operating segment, which is the provision of professional services.
29GF Score

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