E Media Holdings (JSE:EMN) ROE %: 5.68% (As of Mar. 2026) — 20% Above Median


JSE:EMN E Media Holdings Ltd JSE:EMN
66 GF Score
Price R1.79
GF Value R2.23
Valuation Modestly Undervalued
! 4 Warning Signs
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What is E Media Holdings ROE %?

E Media Holdings JSE:EMN +1.70% 66 ROE % is 5.68% as of Mar. 2026, which is 20% above its 10-year median of 4.75. GuruFocus rates JSE:EMN with a GF Score™ of 66/100 and a GF Value™ of R2.23 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 951 Media - Diversified companies, E Media Holdings ranks better than 63.51% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. E Media Holdings's annualized net income for the quarter that ended in Mar. 2026 was R249 Mil. E Media Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was R4,392 Mil. Therefore, E Media Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was 5.68%.

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

JSE:EMN' s ROE % Range Over the Past 10 Years
Min: -52.3   Med: 4.75   Max: 10.52
Current: 6.34

During the past 13 years, E Media Holdings's highest ROE % was 10.52%. The lowest was -52.30%. And the median was 4.75%.

JSE:EMN's ROE % is ranked better than
63.51% of 951 companies
in the Media - Diversified industry
Industry Median: 2.47 vs JSE:EMN: 6.34

E Media Holdings  (JSE:EMN) 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
=249.282/4391.5925
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(249.282 / 2945.068)*(2945.068 / 6198.5735)*(6198.5735 / 4391.5925)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.46 %*0.4751*1.4115
=ROA %*Equity Multiplier
=4.02 %*1.4115
=5.68 %

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
=249.282/4391.5925
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (249.282 / 332.694) * (332.694 / 344.658) * (344.658 / 2945.068) * (2945.068 / 6198.5735) * (6198.5735 / 4391.5925)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7493 * 0.9653 * 11.7 % * 0.4751 * 1.4115
=5.68 %

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


E Media Holdings ROE % Related Terms


E Media Holdings ROE % Historical Data

* Premium members only.

The historical data trend for E Media 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.

E Media Holdings ROE % Chart

E Media Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.52 9.12 7.94 7.04 6.75

E Media Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 9.98 6.87 7.23 6.72 5.68

JSE:EMN vs NFLX, DIS, WBD: ROE % Comparison

For the Entertainment subindustry, E Media 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.


E Media Holdings ROE % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, E Media Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where E Media Holdings's ROE % falls into.


JSE:EMN
66GF Score
E Media Holdings Ltd JSE:EMN
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

E Media Holdings ROE % Calculation

E Media Holdings's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=247.418/( (2927.396+4398.708)/ 2 )
=247.418/3663.052
=6.75 %

E Media Holdings's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=249.282/( (4384.477+4398.708)/ 2 )
=249.282/4391.5925
=5.68 %

* 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 two times the semi-annual (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 5.68% mean?
E Media Holdings (JSE:EMN) has a ROE % of 5.68% 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 E Media Holdings and its competitors. This is 20% above median its historical median of 4.75. According to the industry distribution chart, E Media Holdings ranks #347 out of 951 companies in the Media - Diversified industry, placing it in the top 36.5%.
Is E Media Holdings' ROE % too high?
E Media Holdings' current ROE % of 5.68% is 20% above median its 10-year median of 4.75. The Media - Diversified industry median ROE % is 2.47. E Media Holdings' value of 5.68% is 130% above this industry median. Based on the distribution chart, E Media Holdings ranks #347 out of 951 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, E Media Holdings has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does E Media Holdings' ROE % compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, E Media Holdings ranks #347 out of 951 companies for ROE %. This puts E Media Holdings in the upper half of its industry. The industry median ROE % is 2.47. E Media Holdings' value of 5.68% is 130% above this benchmark. While the company's 10-year median is 4.75 vs. the industry median of 2.47, E Media 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 Media - Diversified company?
The median ROE % among Media - Diversified companies is 2.47, based on 951 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. E Media Holdings's current ROE % of 5.68% is 130% 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 E Media Holdings and its competitors. For the Media - Diversified industry, the median ROE % is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. E Media Holdings's current ROE % is 5.68%, which is 20% above median its own 10-year median of 4.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E Media Holdings stock overvalued right now?
Based on GuruFocus' analysis, E Media Holdings (JSE:EMN) is currently considered Modestly Undervalued. The stock's GF Value™ is R2.23, compared to a current price of R1.79 — trading 19.7% below its estimated fair value. The current ROE % is 5.68%, which is 20% above median its 10-year median of 4.75 and 130% above the Media - Diversified industry median of 2.47. E Media Holdings' overall GF Score™ is 66/100 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 E Media Holdings (JSE:EMN), the current ROE % is 5.68% 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 E Media Holdings (JSE:EMN) Overvalued in 2026?

Based on GuruFocus' analysis, E Media Holdings stock appears to be undervalued. The current stock price of R1.79 is trading 19.7% below its estimated GF Value™ of R2.23. GuruFocus considers E Media Holdings to be Modestly Undervalued.

Key valuation signals for JSE:EMN:

  • ROE %: 5.68% (20% above median its 10-year median of 4.75)
  • GF Value™: R2.23 vs. price of R1.79 (19.7% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 130% above the Media - Diversified median (#347 of 951)

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


E Media Holdings Business Description

Other Exchanges EMH:South Africa
Address 4 Albury Road, Dunkeld West, Hyde Park, Randburg, Johannesburg, GT, ZAF, 2196
E Media Holdings Ltd is a South Africa-based investment holding company. Through its subsidiaries, it is predominantly engaged in the media and entertainment business. The company product portfolio includes products and services like E.TV a free-to-air commercial television channel; eNCA, a 24-hour news channel; OpenView HD and YFM, a radio station that targets the youth market, and others. In addition, the company also provides property and facilities services, including broadcast and television studios, post-production facilities, equipment rental, and sales; as well as holds investments in the television broadcasting and content creation sectors. A majority of its revenue is earned from the South African market.
66GF Score

Get the complete analysis for JSE:EMN

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

R1.79
Price
R2.23
GF Value