SygniaJSE:SYG 69 ROE % is 47.98% as of Mar. 2026, which is 52% above its 10-year median of 31.56. GuruFocus rates JSE:SYG with a GF Score™ of 69/100 and a GF Value™ of R28.33 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 493 Diversified Financial Services companies, Sygnia ranks better than 97.57% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Sygnia's annualized net income for the quarter that ended in Mar. 2026 was R431 Mil. Sygnia's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was R899 Mil. Therefore, Sygnia's annualized ROE % for the quarter that ended in Mar. 2026 was 47.98%.
The historical rank and industry rank for Sygnia's ROE % or its related term are showing as below:
JSE:SYG'
s ROE % Range Over the Past 10 Years
Min: 16.39 Med: 31.56 Max: 48.66
Current: 48.66
During the past 12 years, Sygnia's highest ROE % was 48.66%. The lowest was 16.39%. And the median was 31.56%.
JSE:SYG's ROE % is ranked better than 97.57% of 493
companies
in the Diversified Financial Services industry
Industry Median: 1.65
vs JSE:SYG: 48.66
Sygnia (JSE:SYG) 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 (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.
Sygnia ROE % Related Terms
Sygnia ROE % Historical Data
* Premium members only.
The historical data trend for Sygnia'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.
For the Financial Conglomerates subindustry, Sygnia'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.
Sygnia ROE % vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Sygnia's ROE % distribution charts can be found below:
* The bar in red indicates where Sygnia'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 (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Sygnia (JSE:SYG) has a ROE % of 47.98% 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 Sygnia and its competitors. This is 52% above median its historical median of 31.56. Over the past decade, Sygnia's ROE % has ranged from 16.39 to 48.66. According to the industry distribution chart, Sygnia ranks #12 out of 493 companies in the Diversified Financial Services industry, placing it in the top 2.4%.
Is Sygnia's ROE % too high?
Sygnia's current ROE % of 47.98% is 52% above median its 10-year median of 31.56. Over the past 10 years, this metric has ranged from a low of 16.39 to a high of 48.66. The Diversified Financial Services industry median ROE % is 1.65. Sygnia's value of 47.98% is 2807.9% above this industry median. Based on the distribution chart, Sygnia ranks #12 out of 493 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Sygnia has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sygnia's ROE % compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, Sygnia ranks #12 out of 493 companies for ROE %. This places Sygnia in the top 2% of its industry — outperforming the majority of peers. The industry median ROE % is 1.65. Sygnia's value of 47.98% is 2807.9% above this benchmark. Historically, Sygnia's own ROE % has ranged from 16.39 to 48.66 over the past decade. While the company's 10-year median is 31.56 vs. the industry median of 1.65, Sygnia 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 Diversified Financial Services company?
The median ROE % among Diversified Financial Services companies is 1.65, based on 493 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. Sygnia's current ROE % of 47.98% is 2807.9% 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 Sygnia and its competitors. For the Diversified Financial Services industry, the median ROE % is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sygnia's current ROE % is 47.98%, which is 52% above median its own 10-year median of 31.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sygnia stock overvalued right now?
Based on GuruFocus' analysis, Sygnia (JSE:SYG) is currently considered Modestly Overvalued. The stock's GF Value™ is R28.33, compared to a current price of R32.05 — trading 13.1% above its estimated fair value. The current ROE % is 47.98%, which is 52% above median its 10-year median of 31.56 and 2807.9% above the Diversified Financial Services industry median of 1.65. Sygnia's overall GF Score™ is 69/100 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 Sygnia (JSE:SYG), the current ROE % is 47.98% 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 Sygnia (JSE:SYG) Overvalued in 2026?
Based on GuruFocus' analysis, Sygnia stock appears to be overvalued.
The current stock price of R32.05 is trading 13.1% above its estimated GF Value™ of R28.33.
GuruFocus considers Sygnia to be Modestly Overvalued.
Key valuation signals for JSE:SYG:
ROE %: 47.98% (52% above median its 10-year median of 31.56)
GF Value™: R28.33 vs. price of R32.05 (13.1% above fair value)
Industry Position: 2807.9% above the Diversified Financial Services median (#12 of 493)
No single metric tells the full story. See the JSE:SYG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sygnia Ltd is a specialist financial services company. The company provides investment management and administration solutions to institutional and retail clients located predominantly in South Africa. Its main investment services include domestic and international multi-manager and index-tracking products, customized investment design and management, transition management, and investment administration services. The company operates in Cape Town, Johannesburg, Durban, London, with Maximum of its revenue from South Africa.
69GF Score
Get the complete analysis for JSE:SYG
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JSE:SYG has been successfully added to your 
