FANDF (Firstrand) ROE % Adjusted to Book Value: 10.32% (As of Dec. 2025)


FANDF Firstrand Ltd FANDF
84 GF Score
Price $5.60
GF Value $5.03
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Firstrand ROE % Adjusted to Book Value?

Firstrand FANDF 84 ROE % Adjusted to Book Value is 10.32% as of Dec. 2025. GuruFocus rates FANDF with a GF Score™ of 84/100 and a GF Value™ of $5.03 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Firstrand's ROE % for the quarter that ended in Dec. 2025 was 20.63%. Firstrand's PB Ratio for the quarter that ended in Dec. 2025 was 2.00. Firstrand's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was 10.32%.

Firstrand ROE % Adjusted to Book Value Related Terms

Firstrand ROE % Adjusted to Book Value Historical Data

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The historical data trend for Firstrand'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.

Firstrand ROE % Adjusted to Book Value Chart

Firstrand Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.85 9.17 8.91 10.81 11.41

Firstrand 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 10.44 10.27 11.12 10.99 10.32

FANDF vs JPM, BAC, WFC: ROE % Adjusted to Book Value Comparison

For the Banks - Diversified subindustry, Firstrand'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.

Firstrand ROE % Adjusted to Book Value vs Banks Industry

For the Banks industry and Financial Services sector, Firstrand's ROE % Adjusted to Book Value distribution charts can be found below:

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


FANDF
84GF Score
Firstrand Ltd FANDF
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Firstrand ROE % Adjusted to Book Value Calculation

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

ROE % Adjusted to Book Value=ROE % / PB Ratio
=19.63% / 1.72
=11.41%

Firstrand'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
=20.63% / 2.00
=10.32%

* 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 10.32% mean?
Firstrand (FANDF) has a ROE % Adjusted to Book Value of 10.32% 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 Firstrand and its competitors.
Is Firstrand's ROE % Adjusted to Book Value too high?
Firstrand's current ROE % Adjusted to Book Value is 10.32%. Overall, Firstrand has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Firstrand's ROE % Adjusted to Book Value compare to JPM and BAC?
Firstrand's ROE % Adjusted to Book Value of 10.32% can be compared against companies in the Banks 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 Banks company?
A good ROE % Adjusted to Book Value depends on the Banks 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 Firstrand and its competitors. Firstrand's current ROE % Adjusted to Book Value is 10.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firstrand stock overvalued right now?
Based on GuruFocus' analysis, Firstrand (FANDF) is currently considered Modestly Overvalued. The stock's GF Value™ is $5.03, compared to a current price of $5.60 — trading 11.3% above its estimated fair value. The current ROE % Adjusted to Book Value is 10.32%. Firstrand's overall GF Score™ is 84/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Firstrand (FANDF), the current ROE % Adjusted to Book Value is 10.32% 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 Firstrand (FANDF) Overvalued in 2026?

Based on GuruFocus' analysis, Firstrand stock appears to be overvalued. The current stock price of $5.60 is trading 11.3% above its estimated GF Value™ of $5.03. GuruFocus considers Firstrand to be Modestly Overvalued.

Key valuation signals for FANDF:

  • ROE % Adjusted to Book Value: 10.32%
  • GF Value™: $5.03 vs. price of $5.60 (11.3% above fair value)
  • GF Score™: 84/100 with 4 warning signs

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

Firstrand Business Description

Address Corner Fredman Drive and Rivonia Road, 4 Merchant Place, C Low, Sandton, Johannesburg, GT, ZAF, 2196
Firstrand Ltd wholly owns FirstRand Bank, a full-service bank providing a comprehensive range of retail, commercial, corporate and investment banking services in South Africa and offers niche products. The bank has three divisions, which are separately branded: First National Bank (FNB), WesBank and Rand Merchant Bank (RMB). The firm's reportable segment includes Retail and commercial segment, Corporate and institutional segment, Centre (including group treasury), Firstrand Bank Normalised, and Normalised adjustments.
84GF 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.

$5.60
Price
$5.03
GF Value