Bursa Malaysia BhdBSMAF 73 ROE % is 38.02% as of Mar. 2026, which is 31% above its 10-year median of 29.10. GuruFocus rates BSMAF with a GF Score™ of 73/100 and a GF Value™ of $1.42 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 791 Capital Markets companies, Bursa Malaysia Bhd ranks better than 93.17% on this metric.
The historical rank and industry rank for Bursa Malaysia Bhd's ROE % or its related term are showing as below:
BSMAF'
s ROE % Range Over the Past 10 Years
Min: 22.72 Med: 29.1 Max: 45.47
Current: 33.31
During the past 13 years, Bursa Malaysia Bhd's highest ROE % was 45.47%. The lowest was 22.72%. And the median was 29.10%.
BSMAF's ROE % is ranked better than 93.17% of 791
companies
in the Capital Markets industry
Industry Median: 6
vs BSMAF: 33.31
Bursa Malaysia Bhd (OTCPK:BSMAF) 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 four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.
Bursa Malaysia Bhd ROE % Related Terms
Bursa Malaysia Bhd ROE % Historical Data
* Premium members only.
The historical data trend for Bursa Malaysia Bhd'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 Financial Data & Stock Exchanges subindustry, Bursa Malaysia Bhd'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.
Bursa Malaysia Bhd ROE % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Bursa Malaysia Bhd's ROE % distribution charts can be found below:
* The bar in red indicates where Bursa Malaysia Bhd'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 four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Bursa Malaysia Bhd (BSMAF) has a ROE % of 38.02% 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 Bursa Malaysia Bhd and its competitors. This is 31% above median its historical median of 29.10. Over the past decade, Bursa Malaysia Bhd's ROE % has ranged from 22.72 to 45.47. According to the industry distribution chart, Bursa Malaysia Bhd ranks #54 out of 791 companies in the Capital Markets industry, placing it in the top 6.8%.
Is Bursa Malaysia Bhd's ROE % too high?
Bursa Malaysia Bhd's current ROE % of 38.02% is 31% above median its 10-year median of 29.10. Over the past 10 years, this metric has ranged from a low of 22.72 to a high of 45.47. The Capital Markets industry median ROE % is 6.00. Bursa Malaysia Bhd's value of 38.02% is 533.7% above this industry median. Based on the distribution chart, Bursa Malaysia Bhd ranks #54 out of 791 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Bursa Malaysia Bhd has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bursa Malaysia Bhd's ROE % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Bursa Malaysia Bhd ranks #54 out of 791 companies for ROE %. This places Bursa Malaysia Bhd in the top 7% of its industry — outperforming the majority of peers. The industry median ROE % is 6.00. Bursa Malaysia Bhd's value of 38.02% is 533.7% above this benchmark. Historically, Bursa Malaysia Bhd's own ROE % has ranged from 22.72 to 45.47 over the past decade. While the company's 10-year median is 29.10 vs. the industry median of 6.00, Bursa Malaysia Bhd 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 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. Bursa Malaysia Bhd's current ROE % of 38.02% is 533.7% 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 Bursa Malaysia Bhd 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. Bursa Malaysia Bhd's current ROE % is 38.02%, which is 31% above median its own 10-year median of 29.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bursa Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Bursa Malaysia Bhd (BSMAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.42, compared to a current price of $2.18 — trading 53.5% above its estimated fair value. The current ROE % is 38.02%, which is 31% above median its 10-year median of 29.10 and 533.7% above the Capital Markets industry median of 6.00. Bursa Malaysia Bhd's overall GF Score™ is 73/100 with 8 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 Bursa Malaysia Bhd (BSMAF), the current ROE % is 38.02% 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 Bursa Malaysia Bhd (BSMAF) Overvalued in 2026?
Based on GuruFocus' analysis, Bursa Malaysia Bhd stock appears to be overvalued.
The current stock price of $2.18 is trading 53.5% above its estimated GF Value™ of $1.42.
GuruFocus considers Bursa Malaysia Bhd to be Significantly Overvalued.
Key valuation signals for BSMAF:
ROE %: 38.02% (31% above median its 10-year median of 29.10)
GF Value™: $1.42 vs. price of $2.18 (53.5% above fair value)
Industry Position: 533.7% above the Capital Markets median (#54 of 791)
No single metric tells the full story. See the BSMAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bursa Malaysia Bhd operates as an exchange holding company, whose principal activities are treasury management and the provision of management and administrative services to its subsidiaries. Through its subsidiaries it operates the Malaysian securities, derivatives, multi-environment product market, debt fundraising and offshore financial exchanges and the Shariah-compliant commodity and precious metals trading platform, to operate the related clearing houses, depository function and regulatory function, and to disseminate information relating to instruments quoted on the exchanges. Its six segments include: Securities Market, Derivatives Market, Islamic Market, Data Business, Exchange, Holding Company, and Others, of which Securities Market segment derives maximum revenue.
73GF Score
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