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 two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 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.
Hallenstein Glassons Holdings ROE % Related Terms
Hallenstein Glassons Holdings ROE % Historical Data
* 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 Apparel Retail subindustry, Hallenstein Glassons Holdings'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.
Hallenstein Glassons Holdings ROE % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Hallenstein Glassons Holdings's ROE % distribution charts can be found below:
* The bar in red indicates where Hallenstein Glassons Holdings'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 two times the semi-annual (Jan. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Hallenstein Glassons Holdings (NZSE:HLG) has a ROE % of 47.99% as of Jan. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Hallenstein Glassons Holdings and its competitors. This is 39% above median its historical median of 34.42. Over the past decade, Hallenstein Glassons Holdings' ROE % has ranged from 22.93 to 43.15. According to the industry distribution chart, Hallenstein Glassons Holdings ranks #75 out of 1092 companies in the Retail - Cyclical industry, placing it in the top 6.9%.
Is Hallenstein Glassons Holdings' ROE % too high?
Hallenstein Glassons Holdings' current ROE % of 47.99% is 39% above median its 10-year median of 34.42. Over the past 10 years, this metric has ranged from a low of 22.93 to a high of 43.15. The Retail - Cyclical industry median ROE % is 6.49. Hallenstein Glassons Holdings' value of 47.99% is 639.4% above this industry median. Based on the distribution chart, Hallenstein Glassons Holdings ranks #75 out of 1092 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Hallenstein Glassons Holdings has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hallenstein Glassons Holdings' ROE % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Hallenstein Glassons Holdings ranks #75 out of 1092 companies for ROE %. This places Hallenstein Glassons Holdings in the top 7% of its industry — outperforming the majority of peers. The industry median ROE % is 6.49. Hallenstein Glassons Holdings' value of 47.99% is 639.4% above this benchmark. Historically, Hallenstein Glassons Holdings' own ROE % has ranged from 22.93 to 43.15 over the past decade. While the company's 10-year median is 34.42 vs. the industry median of 6.49, Hallenstein Glassons Holdings 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 Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.49, based on 1,092 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. Hallenstein Glassons Holdings's current ROE % of 47.99% is 639.4% 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 Hallenstein Glassons Holdings and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hallenstein Glassons Holdings's current ROE % is 47.99%, which is 39% above median its own 10-year median of 34.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hallenstein Glassons Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hallenstein Glassons Holdings (NZSE:HLG) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$8.35, compared to a current price of NZ$9.94 — trading 19% above its estimated fair value. The current ROE % is 47.99%, which is 39% above median its 10-year median of 34.42 and 639.4% above the Retail - Cyclical industry median of 6.49. Hallenstein Glassons Holdings' overall GF Score™ is 94/100 with 4 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 Hallenstein Glassons Holdings (NZSE:HLG), the current ROE % is 47.99% as of Jan. 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 Hallenstein Glassons Holdings (NZSE:HLG) Overvalued in 2026?
Based on GuruFocus' analysis, Hallenstein Glassons Holdings stock appears to be overvalued.
The current stock price of NZ$9.94 is trading 19% above its estimated GF Value™ of NZ$8.35.
GuruFocus considers Hallenstein Glassons Holdings to be Modestly Overvalued.
Key valuation signals for NZSE:HLG:
ROE %: 47.99% (39% above median its 10-year median of 34.42)
GF Value™: NZ$8.35 vs. price of NZ$9.94 (19% above fair value)
Industry Position: 639.4% above the Retail - Cyclical median (#75 of 1092)
No single metric tells the full story. See the NZSE:HLG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hallenstein Glassons Holdings Business Description
Hallenstein Glassons Holdings Ltd along with its subsidiaries is engaged in retailing men's and women's apparel. Its operating segment includes Glassons New Zealand; Glassons Australia; Hallenstein; Property and others. The company generates maximum revenue from the Glassons New Zealand segment.
94GF Score
Get the complete analysis for NZSE:HLG
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NZSE:HLG has been successfully added to your 
