SG Group Holdings (HKSE:01657) ROE %: -3.91% (As of Apr. 2026)

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HKSE:01657 SG Group Holdings Ltd HKSE:01657
55 GF Score
Price HK$49.50
GF Value HK$10.93
Valuation Significantly Overvalued
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What is SG Group Holdings ROE %?

SG Group Holdings HKSE:01657 55 ROE % is -3.91% as of Apr. 2026. GuruFocus rates HKSE:01657 with a GF Score™ of 55/100 and a GF Value™ of HK$10.93 (Significantly Overvalued). Among 1,100 Retail - Cyclical companies, SG Group Holdings ranks worse than 84.55% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. SG Group Holdings's annualized net income for the quarter that ended in Apr. 2026 was HK$-3.0 Mil. SG Group Holdings's average Total Stockholders Equity over the quarter that ended in Apr. 2026 was HK$77.1 Mil. Therefore, SG Group Holdings's annualized ROE % for the quarter that ended in Apr. 2026 was -3.91%.

The historical rank and industry rank for SG Group Holdings's ROE % or its related term are showing as below:

HKSE:01657' s ROE % Range Over the Past 10 Years
Min: -17.47   Med: 0.16   Max: 28.55
Current: -9.24

During the past 12 years, SG Group Holdings's highest ROE % was 28.55%. The lowest was -17.47%. And the median was 0.16%.

HKSE:01657's ROE % is ranked worse than
84.55% of 1100 companies
in the Retail - Cyclical industry
Industry Median: 6.505 vs HKSE:01657: -9.24

SG Group Holdings  (HKSE:01657) 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: Apr. 2026 )
=Net Income/Total Stockholders Equity
=-3.012/77.0605
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.012 / 170.678)*(170.678 / 101.311)*(101.311 / 77.0605)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.76 %*1.6847*1.3147
=ROA %*Equity Multiplier
=-2.97 %*1.3147
=-3.91 %

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: Apr. 2026 )
=Net Income/Total Stockholders Equity
=-3.012/77.0605
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-3.012 / -2.76) * (-2.76 / -1.32) * (-1.32 / 170.678) * (170.678 / 101.311) * (101.311 / 77.0605)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0913 * 2.0909 * -0.77 % * 1.6847 * 1.3147
=-3.91 %

Note: The net income data used here is two times the semi-annual (Apr. 2026) net income data. The Revenue data used here is two times the semi-annual (Apr. 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.


SG Group Holdings ROE % Related Terms


SG Group Holdings ROE % Historical Data

* Premium members only.

The historical data trend for SG Group 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.

SG Group Holdings ROE % Chart

SG Group Holdings Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 -14.09 -17.47 -7.01 -9.16

SG Group Holdings Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 -14.93 -21.28 7.32 -14.41 -3.91

HKSE:01657 vs TJX, ROST, BURL: ROE % Comparison

For the Apparel Retail subindustry, SG Group 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.


SG Group Holdings ROE % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, SG Group Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where SG Group Holdings's ROE % falls into.


HKSE:01657
55GF Score
SG Group Holdings Ltd HKSE:01657
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SG Group Holdings ROE % Calculation

SG Group Holdings's annualized ROE % for the fiscal year that ended in Apr. 2026 is calculated as

ROE %=Net Income (A: Apr. 2026 )/( (Total Stockholders Equity (A: Apr. 2025 )+Total Stockholders Equity (A: Apr. 2026 ))/ count )
=-7.304/( (83.11+76.331)/ 2 )
=-7.304/79.7205
=-9.16 %

SG Group Holdings's annualized ROE % for the quarter that ended in Apr. 2026 is calculated as

ROE %=Net Income (Q: Apr. 2026 )/( (Total Stockholders Equity (Q: Oct. 2025 )+Total Stockholders Equity (Q: Apr. 2026 ))/ count )
=-3.012/( (77.79+76.331)/ 2 )
=-3.012/77.0605
=-3.91 %

* 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 (Apr. 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 -3.91% mean?
SG Group Holdings (HKSE:01657) has a ROE % of -3.91% as of Apr. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on SG Group Holdings and its competitors. According to the industry distribution chart, SG Group Holdings ranks #930 out of 1100 companies in the Retail - Cyclical industry, placing it in the top 84.5%.
Is SG Group Holdings' ROE % too high?
SG Group Holdings' current ROE % is -3.91%. Based on the distribution chart, SG Group Holdings ranks #930 out of 1100 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, SG Group Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SG Group Holdings' ROE % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, SG Group Holdings ranks #930 out of 1100 companies for ROE %. This places SG Group Holdings in the lower half of its industry. The industry median ROE % is 6.51. 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 6.51, based on 1,100 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. 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 SG Group Holdings and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SG Group Holdings's current ROE % is -3.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SG Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, SG Group Holdings (HKSE:01657) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$10.93, compared to a current price of HK$49.50 — trading 352.9% above its estimated fair value. The current ROE % is -3.91%. SG Group Holdings' overall GF Score™ is 55/100. 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 SG Group Holdings (HKSE:01657), the current ROE % is -3.91% as of Apr. 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 SG Group Holdings (HKSE:01657) Overvalued in 2026?

Based on GuruFocus' analysis, SG Group Holdings stock appears to be overvalued. The current stock price of HK$49.50 is trading 352.9% above its estimated GF Value™ of HK$10.93. GuruFocus considers SG Group Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01657:

  • ROE %: -3.91%
  • GF Value™: HK$10.93 vs. price of HK$49.50 (352.9% above fair value)
  • GF Score™: 55/100

No single metric tells the full story. See the HKSE:01657 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SG Group Holdings Business Description

Address 1-7 Wah Sing Street, Unit B, 9th Floor, Mai Wah Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG
SG Group Holdings Ltd is an investment holding company. The company's operating segment includes the Supply of Apparel Products Traditional, the Supply of Apparel Products New Retail, and the Provision of institutional catering. It generates maximum revenue from the Supply of Apparel Products segment, which is engaged in the supply of apparel products with designing and sourcing services to fashion retailers. The company earns maximum revenue from the sale of Womenswear, Childrenswear, and Menswear products. Geographically, it derives a majority of its revenue from the United Kingdom and also has a presence in the PRC, Germany, the United States of America, Hong Kong, Ireland, Canada, and other countries.
55GF Score

Get the complete analysis for HKSE:01657

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

HK$49.50
Price
HK$10.93
GF Value