GQG PartnersASX:GQG -2.99%58 ROE % is 106.29% as of Dec. 2025, which is 1% above its 10-year median of 104.85. GuruFocus rates ASX:GQG with a GF Score™ of 58/100 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,609 Asset Management companies, GQG Partners ranks better than 99.25% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. GQG Partners's annualized net income for the quarter that ended in Dec. 2025 was A$702 Mil. GQG Partners's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was A$660 Mil. Therefore, GQG Partners's annualized ROE % for the quarter that ended in Dec. 2025 was 106.29%.
The historical rank and industry rank for GQG Partners's ROE % or its related term are showing as below:
ASX:GQG'
s ROE % Range Over the Past 10 Years
Min: 78.94 Med: 104.85 Max: 112.87
Current: 108.27
During the past 5 years, GQG Partners's highest ROE % was 112.87%. The lowest was 78.94%. And the median was 104.85%.
ASX:GQG's ROE % is ranked better than 99.25% of 1609
companies
in the Asset Management industry
Industry Median: 6.52
vs ASX:GQG: 108.27
GQG Partners (ASX:GQG) 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.
GQG Partners ROE % Related Terms
GQG Partners ROE % Historical Data
* Premium members only.
The historical data trend for GQG Partners'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, GQG Partners'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.
GQG Partners ROE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, GQG Partners's ROE % distribution charts can be found below:
* The bar in red indicates where GQG Partners'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.
GQG Partners (ASX:GQG) has a ROE % of 106.29% 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 GQG Partners and its competitors. This is near median its historical median of 104.85. Over the past decade, GQG Partners' ROE % has ranged from 78.94 to 112.87. According to the industry distribution chart, GQG Partners ranks #12 out of 1609 companies in the Asset Management industry, placing it in the top 0.7%.
Is GQG Partners' ROE % too high?
GQG Partners' current ROE % of 106.29% is near median its 10-year median of 104.85. Over the past 10 years, this metric has ranged from a low of 78.94 to a high of 112.87. The Asset Management industry median ROE % is 6.52. GQG Partners' value of 106.29% is 1530.2% above this industry median. Based on the distribution chart, GQG Partners ranks #12 out of 1609 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, GQG Partners has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GQG Partners' ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, GQG Partners ranks #12 out of 1609 companies for ROE %. This places GQG Partners in the top 1% of its industry — outperforming the majority of peers. The industry median ROE % is 6.52. GQG Partners' value of 106.29% is 1530.2% above this benchmark. Historically, GQG Partners' own ROE % has ranged from 78.94 to 112.87 over the past decade. While the company's 10-year median is 104.85 vs. the industry median of 6.52, GQG Partners 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 6.52, based on 1,609 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. GQG Partners's current ROE % of 106.29% is 1530.2% 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 GQG Partners and its competitors. For the Asset Management industry, the median ROE % is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GQG Partners's current ROE % is 106.29%, which is near median its own 10-year median of 104.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GQG Partners stock overvalued right now?
Based on GuruFocus' analysis, GQG Partners (ASX:GQG) is currently considered Significantly Undervalued. The current ROE % is 106.29%, which is near median its 10-year median of 104.85 and 1530.2% above the Asset Management industry median of 6.52. GQG Partners' overall GF Score™ is 58/100 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 GQG Partners (ASX:GQG), the current ROE % is 106.29% 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.
Established in 2016, GQG Partners is a global boutique asset management firm mainly focused on active equity portfolios. The company offers investment advisory and portfolio management services. GQG Partners manages money for investors around the world, including pension funds, sovereign funds, wealth management firms, and other financial institutions. Headquartered in Fort Lauderdale, Florida, GQG also has operations in New York, Seattle, London, Sydney, and other locations.
58GF Score
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