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. Grand Parade Investments's annualized net income for the quarter that ended in Dec. 2025 was R74.74 Mil. Grand Parade Investments's average shareholder tangible equity for the quarter that ended in Dec. 2025 was R1,130.68 Mil. Therefore, Grand Parade Investments's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 6.61%.
The historical rank and industry rank for Grand Parade Investments's Return-on-Tangible-Equity or its related term are showing as below:
JSE:GPL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.26 Med: -1.11 Max: 8.93
Current: 4.69
During the past 13 years, Grand Parade Investments's highest Return-on-Tangible-Equity was 8.93%. The lowest was -7.26%. And the median was -1.11%.
JSE:GPL's Return-on-Tangible-Equity is ranked worse than 63.14% of 331
companies
in the Restaurants industry
Industry Median: 8.9
vs JSE:GPL: 4.69
Grand Parade Investments (JSE:GPL) Return-on-Tangible-Equity Explanation
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.
Grand Parade Investments Return-on-Tangible-Equity Related Terms
Grand Parade Investments Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Grand Parade Investments'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.
Grand Parade Investments Return-on-Tangible-Equity Chart
JSE:GPL vs MCD, SBUX, YUM: Return-on-Tangible-Equity Comparison
For the Restaurants subindustry, Grand Parade Investments'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.
Grand Parade Investments Return-on-Tangible-Equity vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Grand Parade Investments's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Grand Parade Investments'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 6.61% mean?
Grand Parade Investments (JSE:GPL) has a Return-on-Tangible-Equity of 6.61% 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 Grand Parade Investments and its competitors. According to the industry distribution chart, Grand Parade Investments ranks #209 out of 331 companies in the Restaurants industry, placing it in the top 63.1%.
Is Grand Parade Investments' Return-on-Tangible-Equity too high?
Grand Parade Investments' current Return-on-Tangible-Equity is 6.61%. The Restaurants industry median Return-on-Tangible-Equity is 8.90. Grand Parade Investments' value of 6.61% is 25.7% below this industry median. Based on the distribution chart, Grand Parade Investments ranks #209 out of 331 companies in the Restaurants industry, which is below the industry midpoint. Overall, Grand Parade Investments has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grand Parade Investments' Return-on-Tangible-Equity compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Grand Parade Investments ranks #209 out of 331 companies for Return-on-Tangible-Equity. This places Grand Parade Investments in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.90. Grand Parade Investments' value of 6.61% is 25.7% below 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 Restaurants company?
The median Return-on-Tangible-Equity among Restaurants companies is 8.90, based on 331 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. Grand Parade Investments's current Return-on-Tangible-Equity of 6.61% is 25.7% 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 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 Grand Parade Investments and its competitors. For the Restaurants industry, the median Return-on-Tangible-Equity is 8.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Parade Investments's current Return-on-Tangible-Equity is 6.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Parade Investments stock overvalued right now?
Based on GuruFocus' analysis, Grand Parade Investments (JSE:GPL) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.81, compared to a current price of R1.85 — trading 128.4% above its estimated fair value. The current Return-on-Tangible-Equity is 6.61% and 25.7% below the Restaurants industry median of 8.90. Grand Parade Investments' overall GF Score™ is 31/100 with 6 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 Grand Parade Investments (JSE:GPL), the current Return-on-Tangible-Equity is 6.61% 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 Grand Parade Investments (JSE:GPL) Overvalued in 2026?
Based on GuruFocus' analysis, Grand Parade Investments stock appears to be overvalued.
The current stock price of R1.85 is trading 128.4% above its estimated GF Value™ of R0.81.
GuruFocus considers Grand Parade Investments to be Significantly Overvalued.
Key valuation signals for JSE:GPL:
Return-on-Tangible-Equity: 6.61%
GF Value™: R0.81 vs. price of R1.85 (128.4% above fair value)
Industry Position: 25.7% below the Restaurants median (#209 of 331)
No single metric tells the full story. See the JSE:GPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grand Parade Investments Ltd is an empowerment company. The company's operating segments include Food, gaming, and leisure. It generates maximum revenue from the Gaming and Leisure segment. The gaming and leisure segment includes SunWest, Sun Slots, Worcester Casino, and Infinity Gaming Africa.
31GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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