Smartgroup (ASX:SIQ) ROE % Adjusted to Book Value: 6.91% (As of Dec. 2025)


ASX:SIQ Smartgroup Corporation Ltd ASX:SIQ
89 GF Score
Price A$12.60
GF Value A$9.80
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Smartgroup ROE % Adjusted to Book Value?

Smartgroup ASX:SIQ -1.49% 89 ROE % Adjusted to Book Value is 6.91% as of Dec. 2025. GuruFocus rates ASX:SIQ with a GF Score™ of 89/100 and a GF Value™ of A$9.80 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Smartgroup's ROE % for the quarter that ended in Dec. 2025 was 30.91%. Smartgroup's PB Ratio for the quarter that ended in Dec. 2025 was 4.47. Smartgroup's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was 6.91%.


Smartgroup ROE % Adjusted to Book Value Related Terms


Smartgroup ROE % Adjusted to Book Value Historical Data

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The historical data trend for Smartgroup's ROE % Adjusted to Book Value 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.

Smartgroup ROE % Adjusted to Book Value Chart

Smartgroup Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.63 8.17 5.51 7.53 6.64

Smartgroup Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.97 6.19 8.31 7.95 6.91

ASX:SIQ vs CTAS, CPRT, ULS: ROE % Adjusted to Book Value Comparison

For the Specialty Business Services subindustry, Smartgroup's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


Smartgroup ROE % Adjusted to Book Value vs Business Services Industry

For the Business Services industry and Industrials sector, Smartgroup's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Smartgroup's ROE % Adjusted to Book Value falls into.


ASX:SIQ
89GF Score
Smartgroup Corporation Ltd ASX:SIQ
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Smartgroup ROE % Adjusted to Book Value Calculation

Smartgroup's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=29.68% / 4.47
=6.64%

Smartgroup's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=30.91% / 4.47
=6.91%

* 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.

What does a ROE % Adjusted to Book Value of 6.91% mean?
Smartgroup (ASX:SIQ) has a ROE % Adjusted to Book Value of 6.91% as of Dec. 2025. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Smartgroup and its competitors.
Is Smartgroup's ROE % Adjusted to Book Value too high?
Smartgroup's current ROE % Adjusted to Book Value is 6.91%. Overall, Smartgroup has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Smartgroup's ROE % Adjusted to Book Value compare to CTAS and CPRT?
Smartgroup's ROE % Adjusted to Book Value of 6.91% can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Business Services company?
A good ROE % Adjusted to Book Value depends on the Business Services industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Smartgroup and its competitors. Smartgroup's current ROE % Adjusted to Book Value is 6.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartgroup stock overvalued right now?
Based on GuruFocus' analysis, Smartgroup (ASX:SIQ) is currently considered Modestly Overvalued. The stock's GF Value™ is A$9.80, compared to a current price of A$12.60 — trading 28.6% above its estimated fair value. The current ROE % Adjusted to Book Value is 6.91%. Smartgroup's overall GF Score™ is 89/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Smartgroup (ASX:SIQ), the current ROE % Adjusted to Book Value is 6.91% 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 Smartgroup (ASX:SIQ) Overvalued in 2026?

Based on GuruFocus' analysis, Smartgroup stock appears to be overvalued. The current stock price of A$12.60 is trading 28.6% above its estimated GF Value™ of A$9.80. GuruFocus considers Smartgroup to be Modestly Overvalued.

Key valuation signals for ASX:SIQ:

  • ROE % Adjusted to Book Value: 6.91%
  • GF Value™: A$9.80 vs. price of A$12.60 (28.6% above fair value)
  • GF Score™: 89/100 with 6 warning signs

No single metric tells the full story. See the ASX:SIQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Smartgroup Business Description

Address 201 Sussex Street, Level 15, Darling Park Tower 2, Sydney, NSW, AUS, 2000
Smartgroup Corporation is an Australia-based company that provides specialist employee management services. Its services include salary packaging, novated leasing, vehicle fleet management, payroll administration, employee share plan administration and workforce optimization. The operating segments of the company are: outsourced administration, or OA, and vehicle services, or VS. Most of the group's revenue is generated from the OA segment which provides outsourced salary packaging services, novated leasing, share plan administration and outsourced payroll services. The VS segment provides end-to-end vehicle fleet management services.
89GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$12.60
Price
A$9.80
GF Value