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Choppies EnterprisesJSE:CHP 40 Return-on-Tangible-Equity is 57.25% as of Dec. 2025. GuruFocus rates JSE:CHP with a GF Score™ of 40/100 and a GF Value™ of R0.83 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 302 Retail - Defensive companies, Choppies Enterprises ranks better than 83.11% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Choppies Enterprises's annualized net income for the quarter that ended in Dec. 2025 was R186 Mil. Choppies Enterprises's average shareholder tangible equity for the quarter that ended in Dec. 2025 was R324 Mil. Therefore, Choppies Enterprises's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 57.25%.
The historical rank and industry rank for Choppies Enterprises's Return-on-Tangible-Equity or its related term are showing as below:
JSE:CHP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -250.85 Med: -3.31 Max: 105.34
Current: 36.64
During the past 13 years, Choppies Enterprises's highest Return-on-Tangible-Equity was 105.34%. The lowest was -250.85%. And the median was -3.31%.
JSE:CHP's Return-on-Tangible-Equity is ranked better than 83.11% of 302
companies
in the Retail - Defensive industry
Industry Median: 10.91
vs JSE:CHP: 36.64
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.
Choppies Enterprises Return-on-Tangible-Equity Related Terms
Choppies Enterprises Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Choppies Enterprises's Return-on-Tangible-Equity 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.
JSE:CHP vs KR, SFM: Return-on-Tangible-Equity Comparison
For the Grocery Stores subindustry, Choppies Enterprises's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Choppies Enterprises Return-on-Tangible-Equity vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Choppies Enterprises's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Choppies Enterprises's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 57.25% mean?
Choppies Enterprises (JSE:CHP) has a Return-on-Tangible-Equity of 57.25% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Choppies Enterprises and its competitors. According to the industry distribution chart, Choppies Enterprises ranks #51 out of 302 companies in the Retail - Defensive industry, placing it in the top 16.9%.
Is Choppies Enterprises' Return-on-Tangible-Equity too high?
Choppies Enterprises' current Return-on-Tangible-Equity is 57.25%. The Retail - Defensive industry median Return-on-Tangible-Equity is 10.91. Choppies Enterprises' value of 57.25% is 424.7% above this industry median. Based on the distribution chart, Choppies Enterprises ranks #51 out of 302 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Choppies Enterprises has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Choppies Enterprises' Return-on-Tangible-Equity compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Choppies Enterprises ranks #51 out of 302 companies for Return-on-Tangible-Equity. This places Choppies Enterprises in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.91. Choppies Enterprises' value of 57.25% is 424.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Retail - Defensive company?
The median Return-on-Tangible-Equity among Retail - Defensive companies is 10.91, based on 302 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Choppies Enterprises's current Return-on-Tangible-Equity of 57.25% is 424.7% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Choppies Enterprises and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Equity is 10.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Choppies Enterprises's current Return-on-Tangible-Equity is 57.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choppies Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Choppies Enterprises (JSE:CHP) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.83, compared to a current price of R1.42 — trading 71.1% above its estimated fair value. The current Return-on-Tangible-Equity is 57.25% and 424.7% above the Retail - Defensive industry median of 10.91. Choppies Enterprises' overall GF Score™ is 40/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Choppies Enterprises (JSE:CHP), the current Return-on-Tangible-Equity is 57.25% as of Dec. 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 Choppies Enterprises (JSE:CHP) Overvalued in 2026?
Based on GuruFocus' analysis, Choppies Enterprises stock appears to be overvalued.
The current stock price of R1.42 is trading 71.1% above its estimated GF Value™ of R0.83.
GuruFocus considers Choppies Enterprises to be Significantly Overvalued.
Key valuation signals for JSE:CHP:
Return-on-Tangible-Equity: 57.25%
GF Value™: R0.83 vs. price of R1.42 (71.1% above fair value)
Industry Position: 424.7% above the Retail - Defensive median (#51 of 302)
No single metric tells the full story. See the JSE:CHP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Choppies Enterprises Ltd operates a supermarket chain in Botswana. The company's supermarkets offer international food brands, fast-moving consumer goods products, and Choppies private label products. Its product offerings include groceries, fresh fruit and vegetables, bakery goods, butchery items, takeaways, and value-added financial services. The company's segments include Botswana, Zambia, Zimbabwe, Kamoso Liquor, Rest of Kamoso, and Namibia, with the majority of its revenue derived from Botswana.
40GF Score
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