Frontier Transport Holdings (JSE:FTH) ROE %: 26.49% (As of Mar. 2026) — 20% Above Median


JSE:FTH Frontier Transport Holdings Ltd JSE:FTH
82 GF Score
Price R5.71
GF Value R6.73
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Frontier Transport Holdings ROE %?

Frontier Transport Holdings JSE:FTH -12.02% 82 ROE % is 26.49% as of Mar. 2026, which is 20% above its 10-year median of 21.99. GuruFocus rates JSE:FTH with a GF Score™ of 82/100 and a GF Value™ of R6.73 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 991 Transportation companies, Frontier Transport Holdings ranks better than 87.59% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Frontier Transport Holdings's annualized net income for the quarter that ended in Mar. 2026 was R462 Mil. Frontier Transport Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was R1,744 Mil. Therefore, Frontier Transport Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was 26.49%.

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

JSE:FTH' s ROE % Range Over the Past 10 Years
Min: 16.25   Med: 21.99   Max: 28.74
Current: 22.42

During the past 10 years, Frontier Transport Holdings's highest ROE % was 28.74%. The lowest was 16.25%. And the median was 21.99%.

JSE:FTH's ROE % is ranked better than
87.59% of 991 companies
in the Transportation industry
Industry Median: 7.6 vs JSE:FTH: 22.42

Frontier Transport Holdings  (JSE:FTH) 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
=461.962/1744.1495
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(461.962 / 2893.088)*(2893.088 / 3215.34)*(3215.34 / 1744.1495)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.97 %*0.8998*1.8435
=ROA %*Equity Multiplier
=14.37 %*1.8435
=26.49 %

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
=461.962/1744.1495
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (461.962 / 597.394) * (597.394 / 594.3) * (594.3 / 2893.088) * (2893.088 / 3215.34) * (3215.34 / 1744.1495)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7733 * 1.0052 * 20.54 % * 0.8998 * 1.8435
=26.49 %

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.


Frontier Transport Holdings ROE % Related Terms


Frontier Transport Holdings ROE % Historical Data

* Premium members only.

The historical data trend for Frontier Transport 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.

Frontier Transport Holdings ROE % Chart

Frontier Transport 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 19.21 18.67 26.64 25.31 22.21

Frontier Transport Holdings Semi-Annual Data
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 29.27 24.44 26.33 18.34 26.49

JSE:FTH vs UNP, CSX, NSC: ROE % Comparison

For the Railroads subindustry, Frontier Transport 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.


Frontier Transport Holdings ROE % vs Transportation Industry

For the Transportation industry and Industrials sector, Frontier Transport Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Frontier Transport Holdings's ROE % falls into.


JSE:FTH
82GF Score
Frontier Transport Holdings Ltd JSE:FTH
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Frontier Transport Holdings ROE % Calculation

Frontier Transport 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 )
=382.292/( (1626.624+1815.518)/ 2 )
=382.292/1721.071
=22.21 %

Frontier Transport 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 )
=461.962/( (1672.781+1815.518)/ 2 )
=461.962/1744.1495
=26.49 %

* 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 26.49% mean?
Frontier Transport Holdings (JSE:FTH) has a ROE % of 26.49% 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 Frontier Transport Holdings and its competitors. This is 20% above median its historical median of 21.99. Over the past decade, Frontier Transport Holdings' ROE % has ranged from 16.25 to 28.74. According to the industry distribution chart, Frontier Transport Holdings ranks #123 out of 991 companies in the Transportation industry, placing it in the top 12.4%.
Is Frontier Transport Holdings' ROE % too high?
Frontier Transport Holdings' current ROE % of 26.49% is 20% above median its 10-year median of 21.99. Over the past 10 years, this metric has ranged from a low of 16.25 to a high of 28.74. The Transportation industry median ROE % is 7.60. Frontier Transport Holdings' value of 26.49% is 248.6% above this industry median. Based on the distribution chart, Frontier Transport Holdings ranks #123 out of 991 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Frontier Transport Holdings has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Frontier Transport Holdings' ROE % compare to UNP and CSX?
According to the Transportation industry distribution chart, Frontier Transport Holdings ranks #123 out of 991 companies for ROE %. This places Frontier Transport Holdings in the top 12% of its industry — outperforming the majority of peers. The industry median ROE % is 7.60. Frontier Transport Holdings' value of 26.49% is 248.6% above this benchmark. Historically, Frontier Transport Holdings' own ROE % has ranged from 16.25 to 28.74 over the past decade. While the company's 10-year median is 21.99 vs. the industry median of 7.60, Frontier Transport 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 Transportation company?
The median ROE % among Transportation companies is 7.60, based on 991 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. Frontier Transport Holdings's current ROE % of 26.49% is 248.6% 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 Frontier Transport Holdings and its competitors. For the Transportation industry, the median ROE % is 7.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frontier Transport Holdings's current ROE % is 26.49%, which is 20% above median its own 10-year median of 21.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontier Transport Holdings stock overvalued right now?
Based on GuruFocus' analysis, Frontier Transport Holdings (JSE:FTH) is currently considered Modestly Undervalued. The stock's GF Value™ is R6.73, compared to a current price of R5.71 — trading 15.2% below its estimated fair value. The current ROE % is 26.49%, which is 20% above median its 10-year median of 21.99 and 248.6% above the Transportation industry median of 7.60. Frontier Transport Holdings' overall GF Score™ is 82/100 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 Frontier Transport Holdings (JSE:FTH), the current ROE % is 26.49% 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 Frontier Transport Holdings (JSE:FTH) Overvalued in 2026?

Based on GuruFocus' analysis, Frontier Transport Holdings stock appears to be undervalued. The current stock price of R5.71 is trading 15.2% below its estimated GF Value™ of R6.73. GuruFocus considers Frontier Transport Holdings to be Modestly Undervalued.

Key valuation signals for JSE:FTH:

  • ROE %: 26.49% (20% above median its 10-year median of 21.99)
  • GF Value™: R6.73 vs. price of R5.71 (15.2% below fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 248.6% above the Transportation median (#123 of 991)

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


Frontier Transport Holdings Business Description

Address 103 Bofors Circle, Epping Industria, Cape Town, WC, ZAF, 7460
Frontier Transport Holdings Ltd is an investment entity tailored to consolidate and expand opportunities in the mobility and logistics sectors. The company through its subsidiary provides a scheduled commuter bus operator in the Cape Metropole. The company provides services such as Public Transport, School & Private Tours, Luxury Coaches, Shuttle Services, and Parts & Spares Sales.
82GF Score

Get the complete analysis for JSE:FTH

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

R5.71
Price
R6.73
GF Value