ASF GroupASX:AFA +5.08% ROE % is 57.46% as of Dec. 2025. The stock has 8 warning signs investors should review. Among 791 Capital Markets companies, ASF Group ranks better than 99.87% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. ASF Group's annualized net income for the quarter that ended in Dec. 2025 was A$1.08 Mil. ASF Group's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was A$1.88 Mil. Therefore, ASF Group's annualized ROE % for the quarter that ended in Dec. 2025 was 57.46%.
The historical rank and industry rank for ASF Group's ROE % or its related term are showing as below:
ASX:AFA'
s ROE % Range Over the Past 10 Years
Min: -195.95 Med: -75.94 Max: 21.5
Current: Negative Equity
During the past 13 years, ASF Group's highest ROE % was 21.50%. The lowest was -195.95%. And the median was -75.94%.
ASX:AFA's ROE % is ranked better than 99.87% of 791
companies
in the Capital Markets industry
Industry Median: 6
vs ASX:AFA: Negative Equity
ASF Group (ASX:AFA) 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 (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.
ASF Group ROE % Related Terms
ASF Group ROE % Historical Data
* Premium members only.
The historical data trend for ASF Group'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 Capital Markets subindustry, ASF Group'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.
ASF Group ROE % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, ASF Group's ROE % distribution charts can be found below:
* The bar in red indicates where ASF Group'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 (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
ASF Group (ASX:AFA) has a ROE % of 57.46% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on ASF Group and its competitors. According to the industry distribution chart, ASF Group ranks #1 out of 791 companies in the Capital Markets industry, placing it in the top 0.099999999999994%.
Is ASF Group's ROE % too high?
ASF Group's current ROE % is 57.46%. The Capital Markets industry median ROE % is 6.00. ASF Group's value of 57.46% is 857.7% above this industry median. Based on the distribution chart, ASF Group ranks #1 out of 791 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers.
How does ASF Group's ROE % compare to MS and GS?
According to the Capital Markets industry distribution chart, ASF Group ranks #1 out of 791 companies for ROE %. This places ASF Group in the top 0% of its industry — outperforming the majority of peers. The industry median ROE % is 6.00. ASF Group's value of 57.46% is 857.7% above this benchmark. 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 Capital Markets company?
The median ROE % among Capital Markets companies is 6.00, based on 791 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. ASF Group's current ROE % of 57.46% is 857.7% 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 ASF Group and its competitors. For the Capital Markets industry, the median ROE % is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASF Group's current ROE % is 57.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASF Group stock overvalued right now?
Based on GuruFocus' analysis, ASF Group (ASX:AFA) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.02, compared to a current price of A$0.06 — trading 210% above its estimated fair value. The current ROE % is 57.46% and 857.7% above the Capital Markets industry median of 6.00. 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 ASF Group (ASX:AFA), the current ROE % is 57.46% 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.
ASF Group Ltd is a diversified investment company with an international outlook and a focus on the real estate, resources, technology and financial sectors. The entity operates in only one segment, being an investment and trading house.
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