Super GroupJSE:SPG +2.84%87 Return-on-Tangible-Equity is 1.75% as of Dec. 2025, which is 98% below its 10-year median of 71.69. GuruFocus rates JSE:SPG with a GF Score™ of 87/100 and a GF Value™ of R23.73 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 977 Transportation companies, Super Group ranks better than 88.74% 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. Super Group's annualized net income for the quarter that ended in Dec. 2025 was R162 Mil. Super Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was R9,233 Mil. Therefore, Super Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 1.75%.
The historical rank and industry rank for Super Group's Return-on-Tangible-Equity or its related term are showing as below:
JSE:SPG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.45 Med: 71.69 Max: 203.63
Current: 36.57
During the past 13 years, Super Group's highest Return-on-Tangible-Equity was 203.63%. The lowest was -9.45%. And the median was 71.69%.
JSE:SPG's Return-on-Tangible-Equity is ranked better than 88.74% of 977
companies
in the Transportation industry
Industry Median: 9.02
vs JSE:SPG: 36.57
Super Group (JSE:SPG) 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.
Super Group Return-on-Tangible-Equity Related Terms
Super Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Super Group'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:SPG vs UPS, FDX, JBHT: Return-on-Tangible-Equity Comparison
For the Integrated Freight & Logistics subindustry, Super Group'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.
Super Group Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Super Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Super Group'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 1.75% mean?
Super Group (JSE:SPG) has a Return-on-Tangible-Equity of 1.75% 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 Super Group and its competitors. This is 98% below median its historical median of 71.69. According to the industry distribution chart, Super Group ranks #110 out of 977 companies in the Transportation industry, placing it in the top 11.3%.
Is Super Group's Return-on-Tangible-Equity too high?
Super Group's current Return-on-Tangible-Equity of 1.75% is 98% below median its 10-year median of 71.69. The Transportation industry median Return-on-Tangible-Equity is 9.02. Super Group's value of 1.75% is 80.6% below this industry median. Based on the distribution chart, Super Group ranks #110 out of 977 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Super Group has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Super Group's Return-on-Tangible-Equity compare to UPS and FDX?
According to the Transportation industry distribution chart, Super Group ranks #110 out of 977 companies for Return-on-Tangible-Equity. This places Super Group in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 9.02. Super Group's value of 1.75% is 80.6% below this benchmark. While the company's 10-year median is 71.69 vs. the industry median of 9.02, Super Group 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 Return-on-Tangible-Equity for a Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.02, based on 977 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. Super Group's current Return-on-Tangible-Equity of 1.75% is 80.6% 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 Super Group and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Super Group's current Return-on-Tangible-Equity is 1.75%, which is 98% below median its own 10-year median of 71.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Super Group stock overvalued right now?
Based on GuruFocus' analysis, Super Group (JSE:SPG) is currently considered Modestly Undervalued. The stock's GF Value™ is R23.73, compared to a current price of R19.92 — trading 16.1% below its estimated fair value. The current Return-on-Tangible-Equity is 1.75%, which is 98% below median its 10-year median of 71.69 and 80.6% below the Transportation industry median of 9.02. Super Group's overall GF Score™ is 87/100 with 11 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 Super Group (JSE:SPG), the current Return-on-Tangible-Equity is 1.75% 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 Super Group (JSE:SPG) Overvalued in 2026?
Based on GuruFocus' analysis, Super Group stock appears to be undervalued.
The current stock price of R19.92 is trading 16.1% below its estimated GF Value™ of R23.73.
GuruFocus considers Super Group to be Modestly Undervalued.
Key valuation signals for JSE:SPG:
Return-on-Tangible-Equity: 1.75% (98% below median its 10-year median of 71.69)
GF Value™: R23.73 vs. price of R19.92 (16.1% below fair value)
Industry Position: 80.6% below the Transportation median (#110 of 977)
No single metric tells the full story. See the JSE:SPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Super Group Ltd provides logistics and mobility solutions across sub-Saharan Africa, the United Kingdom, Europe, and Australasia through several key segments. Its Supply Chain divisions offer distribution, warehousing, and courier services. The Dealerships divisions manage the sale and servicing of passenger and commercial vehicles in South Africa and the United Kingdom, representing key vehicle brands. The Fleet Solutions divisions provide fleet management and vehicle leasing services. The principal segments of the company are Supply Chain Africa, Supply Chain Europe, Fleet Africa, SG Fleet, Dealerships SA, Dealerships UK and Services. Geographically, the company generates the majority of its revenue from South Africa.
87GF Score
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