The historical rank and industry rank for Black Pearl Group's ROE % or its related term are showing as below:
ASX:BPG'
s ROE % Range Over the Past 10 Years
Min: -401.51 Med: -148.87 Max: -126.4
Current: -126.4
During the past 4 years, Black Pearl Group's highest ROE % was -126.40%. The lowest was -401.51%. And the median was -148.87%.
ASX:BPG's ROE % is ranked worse than 94.41% of 2682
companies
in the Software industry
Industry Median: 4.72
vs ASX:BPG: -126.40
Black Pearl Group (ASX:BPG) 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.
Black Pearl Group ROE % Related Terms
Black Pearl Group ROE % Historical Data
* Premium members only.
The historical data trend for Black Pearl 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 Software - Application subindustry, Black Pearl 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.
Black Pearl Group ROE % vs Software Industry
For the Software industry and Technology sector, Black Pearl Group's ROE % distribution charts can be found below:
* The bar in red indicates where Black Pearl 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 (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Black Pearl Group (ASX:BPG) has a ROE % of -120.65% 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 Black Pearl Group and its competitors. According to the industry distribution chart, Black Pearl Group ranks #2532 out of 2682 companies in the Software industry, placing it in the top 94.4%.
Is Black Pearl Group's ROE % too high?
Black Pearl Group's current ROE % is -120.65%. Based on the distribution chart, Black Pearl Group ranks #2532 out of 2682 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Black Pearl Group has a GF Score™ of 22/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Black Pearl Group's ROE % compare to CRM and SHOP?
According to the Software industry distribution chart, Black Pearl Group ranks #2532 out of 2682 companies for ROE %. This places Black Pearl Group in the lower half of its industry. The industry median ROE % is 4.72. 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 Software company?
The median ROE % among Software companies is 4.72, based on 2,682 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. 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 Black Pearl Group and its competitors. For the Software industry, the median ROE % is 4.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Pearl Group's current ROE % is -120.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Pearl Group stock overvalued right now?
Based on GuruFocus' analysis, Black Pearl Group (ASX:BPG) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.42, compared to a current price of A$0.41 — trading 71.5% below its estimated fair value. The current ROE % is -120.65%. Black Pearl Group's overall GF Score™ is 22/100 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 Black Pearl Group (ASX:BPG), the current ROE % is -120.65% 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 Black Pearl Group (ASX:BPG) Overvalued in 2026?
Based on GuruFocus' analysis, Black Pearl Group stock appears to be undervalued.
The current stock price of A$0.41 is trading 71.5% below its estimated GF Value™ of A$1.42.
GuruFocus considers Black Pearl Group to be Possible Value Trap.
Key valuation signals for ASX:BPG:
ROE %: -120.65%
GF Value™: A$1.42 vs. price of A$0.41 (71.5% below fair value)
No single metric tells the full story. See the ASX:BPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Black Pearl Group Ltd is a data technology company that builds, acquires, and markets data-driven cloud services, consisting of a suite of productivity and demand generation applications for small and medium-sized businesses. The company had two reportable segments based on the company's product subscriptions available during the year: Pearl Diver and Newoldstamp. The company makes the majority of its revenue from subscriptions to Pearl Diver.
22GF Score
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