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S.A.S. Dragon HoldingsHKSE:01184 +0.06%65 ROE % is 18.97% as of Dec. 2025, which is 4% above its 10-year median of 18.32. GuruFocus rates HKSE:01184 with a GF Score™ of 65/100 and a GF Value™ of HK$5.08 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,425 Hardware companies, S.A.S. Dragon Holdings ranks better than 95.13% on this metric.
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.
* 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 Electronics & Computer Distribution subindustry, S.A.S. Dragon 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.
S.A.S. Dragon Holdings ROE % vs Hardware Industry
For the Hardware industry and Technology sector, S.A.S. Dragon Holdings's ROE % distribution charts can be found below:
* The bar in red indicates where S.A.S. Dragon 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.
S.A.S. Dragon Holdings (HKSE:01184) has a ROE % of 18.97% 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 S.A.S. Dragon Holdings and its competitors. This is near median its historical median of 18.32. Over the past decade, S.A.S. Dragon Holdings' ROE % has ranged from 14.98 to 33.59. According to the industry distribution chart, S.A.S. Dragon Holdings ranks #118 out of 2425 companies in the Hardware industry, placing it in the top 4.9%.
Is S.A.S. Dragon Holdings' ROE % too high?
S.A.S. Dragon Holdings' current ROE % of 18.97% is near median its 10-year median of 18.32. Over the past 10 years, this metric has ranged from a low of 14.98 to a high of 33.59. The Hardware industry median ROE % is 5.55. S.A.S. Dragon Holdings' value of 18.97% is 241.8% above this industry median. Based on the distribution chart, S.A.S. Dragon Holdings ranks #118 out of 2425 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, S.A.S. Dragon Holdings has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does S.A.S. Dragon Holdings' ROE % compare to SNX and ARW?
According to the Hardware industry distribution chart, S.A.S. Dragon Holdings ranks #118 out of 2425 companies for ROE %. This places S.A.S. Dragon Holdings in the top 5% of its industry — outperforming the majority of peers. The industry median ROE % is 5.55. S.A.S. Dragon Holdings' value of 18.97% is 241.8% above this benchmark. Historically, S.A.S. Dragon Holdings' own ROE % has ranged from 14.98 to 33.59 over the past decade. While the company's 10-year median is 18.32 vs. the industry median of 5.55, S.A.S. Dragon 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 Hardware company?
The median ROE % among Hardware companies is 5.55, based on 2,425 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. S.A.S. Dragon Holdings's current ROE % of 18.97% is 241.8% 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 S.A.S. Dragon Holdings and its competitors. For the Hardware industry, the median ROE % is 5.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S.A.S. Dragon Holdings's current ROE % is 18.97%, which is near median its own 10-year median of 18.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S.A.S. Dragon Holdings stock overvalued right now?
Based on GuruFocus' analysis, S.A.S. Dragon Holdings (HKSE:01184) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$5.08, compared to a current price of HK$8.81 — trading 73.4% above its estimated fair value. The current ROE % is 18.97%, which is near median its 10-year median of 18.32 and 241.8% above the Hardware industry median of 5.55. S.A.S. Dragon Holdings' overall GF Score™ is 65/100 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 S.A.S. Dragon Holdings (HKSE:01184), the current ROE % is 18.97% 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 S.A.S. Dragon Holdings (HKSE:01184) Overvalued in 2026?
Based on GuruFocus' analysis, S.A.S. Dragon Holdings stock appears to be overvalued.
The current stock price of HK$8.81 is trading 73.4% above its estimated GF Value™ of HK$5.08.
GuruFocus considers S.A.S. Dragon Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:01184:
ROE %: 18.97% (near median its 10-year median of 18.32)
GF Value™: HK$5.08 vs. price of HK$8.81 (73.4% above fair value)
Industry Position: 241.8% above the Hardware median (#118 of 2425)
No single metric tells the full story. See the HKSE:01184 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
S.A.S. Dragon Holdings Ltd is engaged in the distribution of electronic components and semiconductor products used in mobile phones, consumer electronics, computer and networking equipment, and telecommunication products. The Group is also involved in the sale and contract works of LED lighting and display products, distribution of business equipment, provision of related ancillary services, and property investments. Its segments are Sales of electronic components and semiconductors, Sales of business equipment and provision of related ancillary services, Contract works of LED lighting and display products, and Sales of LED lighting and display products. It generates maximum revenue from Sales of electronic components and semiconductors from Hong Kong.
65GF Score
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