ANZ Group HoldingsANZGF 64 ROE % is 10.59% as of Mar. 2026, which is 7% above its 10-year median of 9.92. GuruFocus rates ANZGF with a GF Score™ of 64/100 and a GF Value™ of $25.36 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,524 Banks companies, ANZ Group Holdings ranks worse than 63.85% on this metric.
The historical rank and industry rank for ANZ Group Holdings's ROE % or its related term are showing as below:
ANZGF'
s ROE % Range Over the Past 10 Years
Min: 5.86 Med: 9.92 Max: 10.99
Current: 8.28
During the past 13 years, ANZ Group Holdings's highest ROE % was 10.99%. The lowest was 5.86%. And the median was 9.92%.
ANZGF's ROE % is ranked worse than 63.85% of 1524
companies
in the Banks industry
Industry Median: 10.22
vs ANZGF: 8.28
ANZ Group Holdings (OTCPK:ANZGF) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
ANZ Group Holdings ROE % Related Terms
ANZ Group Holdings ROE % Historical Data
* Premium members only.
The historical data trend for ANZ Group Holdings's ROE % 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.
For the Banks - Diversified subindustry, ANZ Group Holdings's ROE %, along with its competitors' market caps and ROE % 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.
ANZ Group Holdings ROE % vs Banks Industry
For the Banks industry and Financial Services sector, ANZ Group Holdings's ROE % distribution charts can be found below:
* The bar in red indicates where ANZ Group Holdings's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
ANZ Group Holdings (ANZGF) has a ROE % of 10.59% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on ANZ Group Holdings and its competitors. This is near median its historical median of 9.92. Over the past decade, ANZ Group Holdings' ROE % has ranged from 5.86 to 10.99. According to the industry distribution chart, ANZ Group Holdings ranks #973 out of 1524 companies in the Banks industry, placing it in the top 63.8%.
Is ANZ Group Holdings' ROE % too high?
ANZ Group Holdings' current ROE % of 10.59% is near median its 10-year median of 9.92. Over the past 10 years, this metric has ranged from a low of 5.86 to a high of 10.99. The Banks industry median ROE % is 10.22. ANZ Group Holdings' value of 10.59% is 3.6% above this industry median. Based on the distribution chart, ANZ Group Holdings ranks #973 out of 1524 companies in the Banks industry, which is below the industry midpoint. Overall, ANZ Group Holdings has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ANZ Group Holdings' ROE % compare to JPM and BAC?
According to the Banks industry distribution chart, ANZ Group Holdings ranks #973 out of 1524 companies for ROE %. This places ANZ Group Holdings in the lower half of its industry. The industry median ROE % is 10.22. ANZ Group Holdings' value of 10.59% is 3.6% above this benchmark. Historically, ANZ Group Holdings' own ROE % has ranged from 5.86 to 10.99 over the past decade. While the company's 10-year median is 9.92 vs. the industry median of 10.22, ANZ Group Holdings has consistently been above 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 ROE % for a Banks company?
The median ROE % among Banks companies is 10.22, based on 1,524 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ANZ Group Holdings's current ROE % of 10.59% is 3.6% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on ANZ Group Holdings and its competitors. For the Banks industry, the median ROE % is 10.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ANZ Group Holdings's current ROE % is 10.59%, which is near median its own 10-year median of 9.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ANZ Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, ANZ Group Holdings (ANZGF) is currently considered Fairly Valued. The stock's GF Value™ is $25.36, compared to a current price of $24.62 — trading 2.9% below its estimated fair value. The current ROE % is 10.59%, which is near median its 10-year median of 9.92 and 3.6% above the Banks industry median of 10.22. ANZ Group Holdings' overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For ANZ Group Holdings (ANZGF), the current ROE % is 10.59% as of Mar. 2026. 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 ANZ Group Holdings (ANZGF) Overvalued in 2026?
Based on GuruFocus' analysis, ANZ Group Holdings stock appears to be undervalued.
The current stock price of $24.62 is trading 2.9% below its estimated GF Value™ of $25.36.
GuruFocus considers ANZ Group Holdings to be Fairly Valued.
Key valuation signals for ANZGF:
ROE %: 10.59% (near median its 10-year median of 9.92)
GF Value™: $25.36 vs. price of $24.62 (2.9% below fair value)
Industry Position: 3.6% above the Banks median (#973 of 1524)
No single metric tells the full story. See the ANZGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ANZ Group is the owner of one of Australia's four major banks and provides retail, business, and institutional banking services to customers in Australia, New Zealand, and Asia-Pacific. The super-regional Asian strategy was de-emphasized, with management focusing on the higher-returning businesses in Australia and New Zealand. ANZ Bank still retains a tilt to its Asia-centric strategy, but is now more balanced, better capitalized and a simpler bank.
64GF Score
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