GF Securities Co (FRA:9GF) ROE %: 11.68% (As of Mar. 2026) — 33% Above Median


FRA:9GF GF Securities Co Ltd FRA:9GF
68 GF Score
Price €1.79
GF Value €1.95
! 5 Warning Signs
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What is GF Securities Co ROE %?

GF Securities Co FRA:9GF -3.24% 68 ROE % is 11.68% as of Mar. 2026, which is 33% above its 10-year median of 8.79. GuruFocus rates FRA:9GF with a GF Score™ of 68/100 and a GF Value™ of €1.95. The stock has 5 warning signs investors should review. Among 791 Capital Markets companies, GF Securities Co ranks better than 63.34% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. GF Securities Co's annualized net income for the quarter that ended in Mar. 2026 was €2,363 Mil. GF Securities Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €20,226 Mil. Therefore, GF Securities Co's annualized ROE % for the quarter that ended in Mar. 2026 was 11.68%.

The historical rank and industry rank for GF Securities Co's ROE % or its related term are showing as below:

FRA:9GF' s ROE % Range Over the Past 10 Years
Min: 5.06   Med: 8.79   Max: 10.6
Current: 10.01

During the past 13 years, GF Securities Co's highest ROE % was 10.60%. The lowest was 5.06%. And the median was 8.79%.

FRA:9GF's ROE % is ranked better than
63.34% of 791 companies
in the Capital Markets industry
Industry Median: 6 vs FRA:9GF: 10.01

GF Securities Co  (FRA:9GF) 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:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2363.252/20225.583
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2363.252 / 5669.188)*(5669.188 / 129562.6955)*(129562.6955 / 20225.583)
=Net Margin %*Asset Turnover*Equity Multiplier
=41.69 %*0.0438*6.4059
=ROA %*Equity Multiplier
=1.83 %*6.4059
=11.68 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2363.252/20225.583
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2363.252 / 3132.012) * (3132.012 / 5669.188) * (5669.188 / 129562.6955) * (129562.6955 / 20225.583)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.7545 * 55.25 % * 0.0438 * 6.4059
=11.68 %

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.


GF Securities Co ROE % Related Terms


GF Securities Co ROE % Historical Data

* Premium members only.

The historical data trend for GF Securities Co'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.

GF Securities Co ROE % Chart

GF Securities Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.11 6.91 5.32 6.87 8.68

GF Securities Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.31 9.60 11.68 7.20 11.68

FRA:9GF vs MS, GS, SCHW: ROE % Comparison

For the Capital Markets subindustry, GF Securities Co'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.


GF Securities Co ROE % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, GF Securities Co's ROE % distribution charts can be found below:

* The bar in red indicates where GF Securities Co's ROE % falls into.


FRA:9GF
68GF Score
GF Securities Co Ltd FRA:9GF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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GF Securities Co ROE % Calculation

GF Securities Co's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=1661.336/( (19360.752+18928.783)/ 2 )
=1661.336/19144.7675
=8.68 %

GF Securities Co's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=2363.252/( (18928.783+21522.383)/ 2 )
=2363.252/20225.583
=11.68 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 11.68% mean?
GF Securities Co (FRA:9GF) has a ROE % of 11.68% 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 GF Securities Co and its competitors. This is 33% above median its historical median of 8.79. Over the past decade, GF Securities Co's ROE % has ranged from 5.06 to 10.60. According to the industry distribution chart, GF Securities Co ranks #290 out of 791 companies in the Capital Markets industry, placing it in the top 36.7%.
Is GF Securities Co's ROE % too high?
GF Securities Co's current ROE % of 11.68% is 33% above median its 10-year median of 8.79. Over the past 10 years, this metric has ranged from a low of 5.06 to a high of 10.60. The Capital Markets industry median ROE % is 6.00. GF Securities Co's value of 11.68% is 94.7% above this industry median. Based on the distribution chart, GF Securities Co ranks #290 out of 791 companies in the Capital Markets industry, which is above the industry midpoint. Overall, GF Securities Co has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does GF Securities Co's ROE % compare to MS and GS?
According to the Capital Markets industry distribution chart, GF Securities Co ranks #290 out of 791 companies for ROE %. This puts GF Securities Co in the upper half of its industry. The industry median ROE % is 6.00. GF Securities Co's value of 11.68% is 94.7% above this benchmark. Historically, GF Securities Co's own ROE % has ranged from 5.06 to 10.60 over the past decade. While the company's 10-year median is 8.79 vs. the industry median of 6.00, GF Securities Co 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. GF Securities Co's current ROE % of 11.68% is 94.7% 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 GF Securities Co 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. GF Securities Co's current ROE % is 11.68%, which is 33% above median its own 10-year median of 8.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GF Securities Co stock overvalued right now?
GF Securities Co (FRA:9GF) has a current ROE % of 11.68%. The stock's GF Value™ is €1.95, compared to a current price of €1.79 — trading 8.2% below its estimated fair value. The current ROE % is 11.68%, which is 33% above median its 10-year median of 8.79 and 94.7% above the Capital Markets industry median of 6.00. GF Securities Co's overall GF Score™ is 68/100 with 5 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 GF Securities Co (FRA:9GF), the current ROE % is 11.68% 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 GF Securities Co (FRA:9GF) Overvalued in 2026?

Based on GuruFocus' analysis, GF Securities Co stock appears to be undervalued. The current stock price of €1.79 is trading 8.2% below its estimated GF Value™ of €1.95.

Key valuation signals for FRA:9GF:

  • ROE %: 11.68% (33% above median its 10-year median of 8.79)
  • GF Value™: €1.95 vs. price of €1.79 (8.2% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 94.7% above the Capital Markets median (#290 of 791)

No single metric tells the full story. See the FRA:9GF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GF Securities Co Business Description

Other Exchanges 01776:Hong Kong000776:China
Address 26 Machang Road, GF Securities Tower, Tianhe District, Guangdong, Guangzhou, CHN, 510627
GF Securities Co Ltd is principally engaged in securities business, the proxy sale of securities investment funds, the provision of futures intermediary services for futures companies, securities investment fund custodian, fund raising, fund sales, asset management, project and investment management, commodity futures brokerage, financial futures brokerage and futures investment advisory, etc. It operates through the following segments: Investment banking, Wealth management, Trading & Institutions, and Investment management.
68GF Score

Get the complete analysis for FRA:9GF

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.79
Price
€1.95
GF Value