HKSE:01428's ROE % is ranked better than 93.69% of 793
companies
in the Capital Markets industry
Industry Median: 6.01
vs HKSE:01428: 36.54
Bright Smart Securitiesmmodities Group (HKSE:01428) 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 (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 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.
Bright Smart Securitiesmmodities Group ROE % Related Terms
Bright Smart Securitiesmmodities Group ROE % Historical Data
* 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.
Bright Smart Securitiesmmodities Group ROE % Chart
Bright Smart Securitiesmmodities Group Annual Data
For the Capital Markets subindustry, Bright Smart Securitiesmmodities Group'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.
Bright Smart Securitiesmmodities Group ROE % vs Capital Markets Industry
* 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 (Sep. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Bright Smart Securitiesmmodities Group (HKSE:01428) has a ROE % of 39.26% as of Sep. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Bright Smart Securitiesmmodities Group and its competitors. This is 72% above median its historical median of 22.87. Over the past decade, Bright Smart Securitiesmmodities Group's ROE % has ranged from 12.83 to 41.93. According to the industry distribution chart, Bright Smart Securitiesmmodities Group ranks #50 out of 793 companies in the Capital Markets industry, placing it in the top 6.3%.
Is Bright Smart Securitiesmmodities Group's ROE % too high?
Bright Smart Securitiesmmodities Group's current ROE % of 39.26% is 72% above median its 10-year median of 22.87. Over the past 10 years, this metric has ranged from a low of 12.83 to a high of 41.93. The Capital Markets industry median ROE % is 6.01. Bright Smart Securitiesmmodities Group's value of 39.26% is 553.2% above this industry median. Based on the distribution chart, Bright Smart Securitiesmmodities Group ranks #50 out of 793 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Bright Smart Securitiesmmodities Group has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bright Smart Securitiesmmodities Group's ROE % compare to MS and GS?
According to the Capital Markets industry distribution chart, Bright Smart Securitiesmmodities Group ranks #50 out of 793 companies for ROE %. This places Bright Smart Securitiesmmodities Group in the top 6% of its industry — outperforming the majority of peers. The industry median ROE % is 6.01. Bright Smart Securitiesmmodities Group's value of 39.26% is 553.2% above this benchmark. Historically, Bright Smart Securitiesmmodities Group's own ROE % has ranged from 12.83 to 41.93 over the past decade. While the company's 10-year median is 22.87 vs. the industry median of 6.01, Bright Smart Securitiesmmodities Group 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 6.01, based on 793 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. Bright Smart Securitiesmmodities Group's current ROE % of 39.26% is 553.2% 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 Bright Smart Securitiesmmodities Group and its competitors. For the Capital Markets industry, the median ROE % is 6.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Smart Securitiesmmodities Group's current ROE % is 39.26%, which is 72% above median its own 10-year median of 22.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Smart Securitiesmmodities Group stock overvalued right now?
Based on GuruFocus' analysis, Bright Smart Securitiesmmodities Group (HKSE:01428) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$2.28, compared to a current price of HK$7.05 — trading 209.2% above its estimated fair value. The current ROE % is 39.26%, which is 72% above median its 10-year median of 22.87 and 553.2% above the Capital Markets industry median of 6.01. Bright Smart Securitiesmmodities Group's overall GF Score™ is 51/100 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 Bright Smart Securitiesmmodities Group (HKSE:01428), the current ROE % is 39.26% as of Sep. 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 Bright Smart Securitiesmmodities Group (HKSE:01428) Overvalued in 2026?
Based on GuruFocus' analysis, Bright Smart Securitiesmmodities Group stock appears to be overvalued.
The current stock price of HK$7.05 is trading 209.2% above its estimated GF Value™ of HK$2.28.
GuruFocus considers Bright Smart Securitiesmmodities Group to be Significantly Overvalued.
Key valuation signals for HKSE:01428:
ROE %: 39.26% (72% above median its 10-year median of 22.87)
GF Value™: HK$2.28 vs. price of HK$7.05 (209.2% above fair value)
Industry Position: 553.2% above the Capital Markets median (#50 of 793)
No single metric tells the full story. See the HKSE:01428 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bright Smart Securitiesmmodities Group Business Description
Bright Smart Securities & Commodities Group Ltd is a company that provides financial services, including securities broking, margin financing, commodities & futures broking, bullion trading and leveraged foreign exchange trading. The company operates via three segments. The Securities broking segment offers broking services in securities traded in Hong Kong and select overseas markets and provides margin financing services to its broking customers. The Commodities and futures broking segment offers broking services in commodities and futures contracts traded in Hong Kong and overseas markets. The Bullion trading segment provides trading services in bullion contracts traded overseas. The company generates majority of its revenue from the Securities broking segment.
51GF Score
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