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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 Education & Training Services subindustry, JF SmartInvest 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.
JF SmartInvest Holdings ROE % vs Education Industry
For the Education industry and Consumer Defensive sector, JF SmartInvest Holdings's ROE % distribution charts can be found below:
* The bar in red indicates where JF SmartInvest 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.
JF SmartInvest Holdings (HKSE:09636) has a ROE % of 4.33% 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 JF SmartInvest Holdings and its competitors. This is 89% below median its historical median of 40.78. Over the past decade, JF SmartInvest Holdings' ROE % has ranged from 3.29 to 692.33. According to the industry distribution chart, JF SmartInvest Holdings ranks #162 out of 260 companies in the Education industry, placing it in the top 62.3%.
Is JF SmartInvest Holdings' ROE % too high?
JF SmartInvest Holdings' current ROE % of 4.33% is 89% below median its 10-year median of 40.78. Over the past 10 years, this metric has ranged from a low of 3.29 to a high of 692.33. The Education industry median ROE % is 7.50. JF SmartInvest Holdings' value of 4.33% is 42.3% below this industry median. Based on the distribution chart, JF SmartInvest Holdings ranks #162 out of 260 companies in the Education industry, which is below the industry midpoint. Overall, JF SmartInvest Holdings has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JF SmartInvest Holdings' ROE % compare to EDU and TAL?
According to the Education industry distribution chart, JF SmartInvest Holdings ranks #162 out of 260 companies for ROE %. This places JF SmartInvest Holdings in the lower half of its industry. The industry median ROE % is 7.50. JF SmartInvest Holdings' value of 4.33% is 42.3% below this benchmark. Historically, JF SmartInvest Holdings' own ROE % has ranged from 3.29 to 692.33 over the past decade. While the company's 10-year median is 40.78 vs. the industry median of 7.50, JF SmartInvest Holdings has consistently been below 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 an Education company?
The median ROE % among Education companies is 7.50, based on 260 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. JF SmartInvest Holdings's current ROE % of 4.33% is 42.3% below 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 JF SmartInvest Holdings and its competitors. For the Education industry, the median ROE % is 7.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JF SmartInvest Holdings's current ROE % is 4.33%, which is 89% below median its own 10-year median of 40.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JF SmartInvest Holdings stock overvalued right now?
Based on GuruFocus' analysis, JF SmartInvest Holdings (HKSE:09636) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$30.36, compared to a current price of HK$27.00 — trading 11.1% below its estimated fair value. The current ROE % is 4.33%, which is 89% below median its 10-year median of 40.78 and 42.3% below the Education industry median of 7.50. JF SmartInvest Holdings' overall GF Score™ is 93/100 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 JF SmartInvest Holdings (HKSE:09636), the current ROE % is 4.33% 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 JF SmartInvest Holdings (HKSE:09636) Overvalued in 2026?
Based on GuruFocus' analysis, JF SmartInvest Holdings stock appears to be undervalued.
The current stock price of HK$27.00 is trading 11.1% below its estimated GF Value™ of HK$30.36.
GuruFocus considers JF SmartInvest Holdings to be Modestly Undervalued.
Key valuation signals for HKSE:09636:
ROE %: 4.33% (89% below median its 10-year median of 40.78)
GF Value™: HK$30.36 vs. price of HK$27.00 (11.1% below fair value)
Industry Position: 42.3% below the Education median (#162 of 260)
No single metric tells the full story. See the HKSE:09636 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JF SmartInvest Holdings Ltd is a next-generation stock investing assistant that provides equity investment tools, securities investment advisory, investor education, and other services for individual investors with product offerings such as stock quote software, Stock Learning Machine, Stock Navigator Series, Super Investor, and Jiuyao Stocks (small-amount series products). It has developed JF Robo-Advisor, FinSphere Agent, FinSphere Report, and other AI products based on its AI and big data technologies, enabling the company to achieve industry leadership in inventive practice and scenario application.
93GF Score
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