Myer HoldingsASX:MYR +1.64%42 ROE % is 8.86% as of Jan. 2026, which is 72% above its 10-year median of 5.14. GuruFocus rates ASX:MYR with a GF Score™ of 42/100 and a GF Value™ of A$0.49 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,097 Retail - Cyclical companies, Myer Holdings ranks worse than 91.7% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Myer Holdings's annualized net income for the quarter that ended in Jan. 2026 was A$81 Mil. Myer Holdings's average Total Stockholders Equity over the quarter that ended in Jan. 2026 was A$909 Mil. Therefore, Myer Holdings's annualized ROE % for the quarter that ended in Jan. 2026 was 8.86%.
The historical rank and industry rank for Myer Holdings's ROE % or its related term are showing as below:
ASX:MYR'
s ROE % Range Over the Past 10 Years
Min: -58.67 Med: 5.14 Max: 23.78
Current: -28.96
During the past 13 years, Myer Holdings's highest ROE % was 23.78%. The lowest was -58.67%. And the median was 5.14%.
ASX:MYR's ROE % is ranked worse than 91.7% of 1097
companies
in the Retail - Cyclical industry
Industry Median: 6.46
vs ASX:MYR: -28.96
Myer Holdings (ASX:MYR) 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 (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 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.
Myer Holdings ROE % Related Terms
Myer Holdings ROE % Historical Data
* Premium members only.
The historical data trend for Myer 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 Department Stores subindustry, Myer 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.
Myer Holdings ROE % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Myer Holdings's ROE % distribution charts can be found below:
* The bar in red indicates where Myer 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 (Jan. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Myer Holdings (ASX:MYR) has a ROE % of 8.86% as of Jan. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Myer Holdings and its competitors. This is 72% above median its historical median of 5.14. According to the industry distribution chart, Myer Holdings ranks #1006 out of 1097 companies in the Retail - Cyclical industry, placing it in the top 91.7%.
Is Myer Holdings' ROE % too high?
Myer Holdings' current ROE % of 8.86% is 72% above median its 10-year median of 5.14. The Retail - Cyclical industry median ROE % is 6.46. Myer Holdings' value of 8.86% is 37.2% above this industry median. Based on the distribution chart, Myer Holdings ranks #1006 out of 1097 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Myer Holdings has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Myer Holdings' ROE % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Myer Holdings ranks #1006 out of 1097 companies for ROE %. This places Myer Holdings in the lower half of its industry. The industry median ROE % is 6.46. Myer Holdings' value of 8.86% is 37.2% above this benchmark. While the company's 10-year median is 5.14 vs. the industry median of 6.46, Myer 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 Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.46, based on 1,097 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. Myer Holdings's current ROE % of 8.86% is 37.2% 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 Myer Holdings and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Myer Holdings's current ROE % is 8.86%, which is 72% above median its own 10-year median of 5.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Myer Holdings stock overvalued right now?
Based on GuruFocus' analysis, Myer Holdings (ASX:MYR) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.49, compared to a current price of A$0.31 — trading 36.7% below its estimated fair value. The current ROE % is 8.86%, which is 72% above median its 10-year median of 5.14 and 37.2% above the Retail - Cyclical industry median of 6.46. Myer Holdings' overall GF Score™ is 42/100 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 Myer Holdings (ASX:MYR), the current ROE % is 8.86% as of Jan. 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 Myer Holdings (ASX:MYR) Overvalued in 2026?
Based on GuruFocus' analysis, Myer Holdings stock appears to be undervalued.
The current stock price of A$0.31 is trading 36.7% below its estimated GF Value™ of A$0.49.
GuruFocus considers Myer Holdings to be Possible Value Trap.
Key valuation signals for ASX:MYR:
ROE %: 8.86% (72% above median its 10-year median of 5.14)
GF Value™: A$0.49 vs. price of A$0.31 (36.7% below fair value)
Industry Position: 37.2% above the Retail - Cyclical median (#1006 of 1097)
No single metric tells the full story. See the ASX:MYR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Myer is one of Australia's largest fashion and beauty retailers, with some 60 department stores stores and over 700 stores across its five apparel chains: Dotti, Jacquie E, Jay Jays, Just Jeans, and Portmans. Stores are generally located in areas of high foot traffic in major metropolitan shopping centers. Competitive advantages include a well-established brand and scale benefits from a relatively large revenue base. The Myer brand is iconic among Australian domestic consumers, with its loyalty program boasting over 4 million active members.
42GF Score
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