Hrvatski Telekom DDZAG:HT +0.71%100 ROE % is 7.26% as of Mar. 2026, which is 5% below its 10-year median of 7.62. GuruFocus rates ZAG:HT with a GF Score™ of 100/100 and a GF Value™ of €39.80 (Fairly Valued). The stock has 4 warning signs investors should review. Among 349 Telecommunication Services companies, Hrvatski Telekom DD ranks better than 55.01% on this metric.
The historical rank and industry rank for Hrvatski Telekom DD's ROE % or its related term are showing as below:
ZAG:HT'
s ROE % Range Over the Past 10 Years
Min: 4.56 Med: 7.62 Max: 9.04
Current: 9.04
During the past 13 years, Hrvatski Telekom DD's highest ROE % was 9.04%. The lowest was 4.56%. And the median was 7.62%.
ZAG:HT's ROE % is ranked better than 55.01% of 349
companies
in the Telecommunication Services industry
Industry Median: 7.41
vs ZAG:HT: 9.04
Hrvatski Telekom DD (ZAG:HT) 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:
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.
Hrvatski Telekom DD ROE % Related Terms
Hrvatski Telekom DD ROE % Historical Data
* Premium members only.
The historical data trend for Hrvatski Telekom DD'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.
For the Telecom Services subindustry, Hrvatski Telekom DD'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.
Hrvatski Telekom DD ROE % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Hrvatski Telekom DD's ROE % distribution charts can be found below:
* The bar in red indicates where Hrvatski Telekom DD'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 four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Hrvatski Telekom DD (ZAG:HT) has a ROE % of 7.26% 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 Hrvatski Telekom DD and its competitors. This is near median its historical median of 7.62. Over the past decade, Hrvatski Telekom DD's ROE % has ranged from 4.56 to 9.04. According to the industry distribution chart, Hrvatski Telekom DD ranks #157 out of 349 companies in the Telecommunication Services industry, placing it in the top 45%.
Is Hrvatski Telekom DD's ROE % too high?
Hrvatski Telekom DD's current ROE % of 7.26% is near median its 10-year median of 7.62. Over the past 10 years, this metric has ranged from a low of 4.56 to a high of 9.04. The Telecommunication Services industry median ROE % is 7.41. Hrvatski Telekom DD's value of 7.26% is 2% below this industry median. Based on the distribution chart, Hrvatski Telekom DD ranks #157 out of 349 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Hrvatski Telekom DD has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hrvatski Telekom DD's ROE % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Hrvatski Telekom DD ranks #157 out of 349 companies for ROE %. This puts Hrvatski Telekom DD in the upper half of its industry. The industry median ROE % is 7.41. Hrvatski Telekom DD's value of 7.26% is 2% below this benchmark. Historically, Hrvatski Telekom DD's own ROE % has ranged from 4.56 to 9.04 over the past decade. While the company's 10-year median is 7.62 vs. the industry median of 7.41, Hrvatski Telekom DD has consistently been below 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 Telecommunication Services company?
The median ROE % among Telecommunication Services companies is 7.41, based on 349 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. Hrvatski Telekom DD's current ROE % of 7.26% is 2% below 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 Hrvatski Telekom DD and its competitors. For the Telecommunication Services industry, the median ROE % is 7.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hrvatski Telekom DD's current ROE % is 7.26%, which is near median its own 10-year median of 7.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hrvatski Telekom DD stock overvalued right now?
Based on GuruFocus' analysis, Hrvatski Telekom DD (ZAG:HT) is currently considered Fairly Valued. The stock's GF Value™ is €39.80, compared to a current price of €42.30 — trading 6.3% above its estimated fair value. The current ROE % is 7.26%, which is near median its 10-year median of 7.62 and 2% below the Telecommunication Services industry median of 7.41. Hrvatski Telekom DD's overall GF Score™ is 100/100 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 Hrvatski Telekom DD (ZAG:HT), the current ROE % is 7.26% 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 Hrvatski Telekom DD (ZAG:HT) Overvalued in 2026?
Based on GuruFocus' analysis, Hrvatski Telekom DD stock appears to be overvalued.
The current stock price of €42.30 is trading 6.3% above its estimated GF Value™ of €39.80.
GuruFocus considers Hrvatski Telekom DD to be Fairly Valued.
Key valuation signals for ZAG:HT:
ROE %: 7.26% (near median its 10-year median of 7.62)
GF Value™: €39.80 vs. price of €42.30 (6.3% above fair value)
Industry Position: 2% below the Telecommunication Services median (#157 of 349)
No single metric tells the full story. See the ZAG:HT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hrvatski Telekom DD is a provider of telecommunication and digital services in the Republic of Croatia. It offers fixed and mobile telephony services as well as wholesale, Internet, and data. The company's business segments are Residential, Business, Other and Crnogorski Telekom. The majority of its revenue is derived from the Residential unit segment that includes marketing, sales, and customer services, focused on providing mobile, fixed-line telecommunications, electricity, and TV distribution and services to residential customers. Geographically, the company generates the majority of its revenue from the Republic of Croatia.
100GF Score
Get the complete analysis for ZAG:HT
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
ZAG:HT has been successfully added to your 
