EQT HoldingsASX:EQT -1.23%63 ROE % is 10.06% as of Dec. 2025, which is 33% above its 10-year median of 7.55. GuruFocus rates ASX:EQT with a GF Score™ of 63/100 and a GF Value™ of A$37.74 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,612 Asset Management companies, EQT Holdings ranks better than 64.21% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. EQT Holdings's annualized net income for the quarter that ended in Dec. 2025 was A$41.0 Mil. EQT Holdings's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was A$407.2 Mil. Therefore, EQT Holdings's annualized ROE % for the quarter that ended in Dec. 2025 was 10.06%.
The historical rank and industry rank for EQT Holdings's ROE % or its related term are showing as below:
ASX:EQT'
s ROE % Range Over the Past 10 Years
Min: 5.13 Med: 7.55 Max: 10.22
Current: 10.22
During the past 13 years, EQT Holdings's highest ROE % was 10.22%. The lowest was 5.13%. And the median was 7.55%.
ASX:EQT's ROE % is ranked better than 64.21% of 1612
companies
in the Asset Management industry
Industry Median: 6.395
vs ASX:EQT: 10.22
EQT Holdings (ASX:EQT) 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.
EQT Holdings ROE % Related Terms
EQT Holdings ROE % Historical Data
* Premium members only.
The historical data trend for EQT 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 Asset Management subindustry, EQT 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.
EQT Holdings ROE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, EQT Holdings's ROE % distribution charts can be found below:
* The bar in red indicates where EQT 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 (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
EQT Holdings (ASX:EQT) has a ROE % of 10.06% 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 EQT Holdings and its competitors. This is 33% above median its historical median of 7.55. Over the past decade, EQT Holdings' ROE % has ranged from 5.13 to 10.22. According to the industry distribution chart, EQT Holdings ranks #577 out of 1612 companies in the Asset Management industry, placing it in the top 35.8%.
Is EQT Holdings' ROE % too high?
EQT Holdings' current ROE % of 10.06% is 33% above median its 10-year median of 7.55. Over the past 10 years, this metric has ranged from a low of 5.13 to a high of 10.22. The Asset Management industry median ROE % is 6.40. EQT Holdings' value of 10.06% is 57.3% above this industry median. Based on the distribution chart, EQT Holdings ranks #577 out of 1612 companies in the Asset Management industry, which is above the industry midpoint. Overall, EQT Holdings has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does EQT Holdings' ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, EQT Holdings ranks #577 out of 1612 companies for ROE %. This puts EQT Holdings in the upper half of its industry. The industry median ROE % is 6.40. EQT Holdings' value of 10.06% is 57.3% above this benchmark. Historically, EQT Holdings' own ROE % has ranged from 5.13 to 10.22 over the past decade. While the company's 10-year median is 7.55 vs. the industry median of 6.40, EQT 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 an Asset Management company?
The median ROE % among Asset Management companies is 6.40, based on 1,612 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. EQT Holdings's current ROE % of 10.06% is 57.3% 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 EQT Holdings and its competitors. For the Asset Management industry, the median ROE % is 6.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EQT Holdings's current ROE % is 10.06%, which is 33% above median its own 10-year median of 7.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EQT Holdings stock overvalued right now?
Based on GuruFocus' analysis, EQT Holdings (ASX:EQT) is currently considered Significantly Undervalued. The stock's GF Value™ is A$37.74, compared to a current price of A$16.00 — trading 57.6% below its estimated fair value. The current ROE % is 10.06%, which is 33% above median its 10-year median of 7.55 and 57.3% above the Asset Management industry median of 6.40. EQT Holdings' overall GF Score™ is 63/100 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 EQT Holdings (ASX:EQT), the current ROE % is 10.06% 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 EQT Holdings (ASX:EQT) Overvalued in 2026?
Based on GuruFocus' analysis, EQT Holdings stock appears to be undervalued.
The current stock price of A$16.00 is trading 57.6% below its estimated GF Value™ of A$37.74.
GuruFocus considers EQT Holdings to be Significantly Undervalued.
Key valuation signals for ASX:EQT:
ROE %: 10.06% (33% above median its 10-year median of 7.55)
GF Value™: A$37.74 vs. price of A$16.00 (57.6% below fair value)
Industry Position: 57.3% above the Asset Management median (#577 of 1612)
No single metric tells the full story. See the ASX:EQT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EQT Holdings Ltd is an independent trustee and executor company. The company's operating segment includes Trustee & Wealth Services, Corporate & Superannuation Trustee Services - Australia, and Corporate Trustee Services - Europe. It generates maximum revenue from Trustee and Wealth Services. The Trustee & wealth Services segment provides a range of private client, philanthropic and superannuation services including estate planning and management; charitable, compensation, community and personal trust services, wealth management and advice. It has a presence in Australia, the United Kingdom, and Ireland.
63GF Score
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