Turners Automotive Group (NZSE:TRA) ROE %: 10.46% (As of Mar. 2026) — 13% Below Median


NZSE:TRA Turners Automotive Group Ltd NZSE:TRA
41 GF Score
Price NZ$8.30
GF Value NZ$4.34
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Turners Automotive Group ROE %?

Turners Automotive Group NZSE:TRA -1.19% 41 ROE % is 10.46% as of Mar. 2026, which is 13% below its 10-year median of 12.04. GuruFocus rates NZSE:TRA with a GF Score™ of 41/100 and a GF Value™ of NZ$4.34 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 1,308 Vehicles & Parts companies, Turners Automotive Group ranks better than 73.7% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Turners Automotive Group's annualized net income for the quarter that ended in Mar. 2026 was NZ$32.6 Mil. Turners Automotive Group's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was NZ$312.0 Mil. Therefore, Turners Automotive Group's annualized ROE % for the quarter that ended in Mar. 2026 was 10.46%.

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

NZSE:TRA' s ROE % Range Over the Past 10 Years
Min: 9.32   Med: 12.04   Max: 13.38
Current: 12.41

During the past 13 years, Turners Automotive Group's highest ROE % was 13.38%. The lowest was 9.32%. And the median was 12.04%.

NZSE:TRA's ROE % is ranked better than
73.7% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 6.62 vs NZSE:TRA: 12.41

Turners Automotive Group  (NZSE:TRA) 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
=32.632/312.0125
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(32.632 / 348.486)*(348.486 / 1020.6235)*(1020.6235 / 312.0125)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.36 %*0.3414*3.2711
=ROA %*Equity Multiplier
=3.2 %*3.2711
=10.46 %

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
=32.632/312.0125
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (32.632 / 50.694) * (50.694 / -21.338) * (-21.338 / 348.486) * (348.486 / 1020.6235) * (1020.6235 / 312.0125)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6437 * -2.3758 * -6.12 % * 0.3414 * 3.2711
=10.46 %

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.


Turners Automotive Group ROE % Related Terms


Turners Automotive Group ROE % Historical Data

* Premium members only.

The historical data trend for Turners Automotive Group'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.

Turners Automotive Group ROE % Chart

Turners Automotive Group 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 12.87 12.41 11.98 13.38 12.39

Turners Automotive Group 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 10.37 13.64 13.16 14.46 10.46

NZSE:TRA vs CVNA, PAG, ALTB: ROE % Comparison

For the Auto & Truck Dealerships subindustry, Turners Automotive Group'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.


Turners Automotive Group ROE % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Turners Automotive Group's ROE % distribution charts can be found below:

* The bar in red indicates where Turners Automotive Group's ROE % falls into.


NZSE:TRA
41GF Score
Turners Automotive Group Ltd NZSE:TRA
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Turners Automotive Group ROE % Calculation

Turners Automotive Group'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 )
=38.172/( (298.493+317.866)/ 2 )
=38.172/308.1795
=12.39 %

Turners Automotive Group'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 )
=32.632/( (306.159+317.866)/ 2 )
=32.632/312.0125
=10.46 %

* 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 10.46% mean?
Turners Automotive Group (NZSE:TRA) has a ROE % of 10.46% 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 Turners Automotive Group and its competitors. This is 13% below median its historical median of 12.04. Over the past decade, Turners Automotive Group's ROE % has ranged from 9.32 to 13.38. According to the industry distribution chart, Turners Automotive Group ranks #344 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 26.3%.
Is Turners Automotive Group's ROE % too high?
Turners Automotive Group's current ROE % of 10.46% is 13% below median its 10-year median of 12.04. Over the past 10 years, this metric has ranged from a low of 9.32 to a high of 13.38. The Vehicles & Parts industry median ROE % is 6.62. Turners Automotive Group's value of 10.46% is 58% above this industry median. Based on the distribution chart, Turners Automotive Group ranks #344 out of 1308 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Turners Automotive Group has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Turners Automotive Group's ROE % compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Turners Automotive Group ranks #344 out of 1308 companies for ROE %. This puts Turners Automotive Group in the upper half of its industry. The industry median ROE % is 6.62. Turners Automotive Group's value of 10.46% is 58% above this benchmark. Historically, Turners Automotive Group's own ROE % has ranged from 9.32 to 13.38 over the past decade. While the company's 10-year median is 12.04 vs. the industry median of 6.62, Turners Automotive Group 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 Vehicles & Parts company?
The median ROE % among Vehicles & Parts companies is 6.62, based on 1,308 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. Turners Automotive Group's current ROE % of 10.46% is 58% 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 Turners Automotive Group and its competitors. For the Vehicles & Parts industry, the median ROE % is 6.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turners Automotive Group's current ROE % is 10.46%, which is 13% below median its own 10-year median of 12.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turners Automotive Group stock overvalued right now?
Based on GuruFocus' analysis, Turners Automotive Group (NZSE:TRA) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$4.34, compared to a current price of NZ$8.30 — trading 91.2% above its estimated fair value. The current ROE % is 10.46%, which is 13% below median its 10-year median of 12.04 and 58% above the Vehicles & Parts industry median of 6.62. Turners Automotive Group's overall GF Score™ is 41/100 with 11 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 Turners Automotive Group (NZSE:TRA), the current ROE % is 10.46% 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 Turners Automotive Group (NZSE:TRA) Overvalued in 2026?

Based on GuruFocus' analysis, Turners Automotive Group stock appears to be overvalued. The current stock price of NZ$8.30 is trading 91.2% above its estimated GF Value™ of NZ$4.34. GuruFocus considers Turners Automotive Group to be Significantly Overvalued.

Key valuation signals for NZSE:TRA:

  • ROE %: 10.46% (13% below median its 10-year median of 12.04)
  • GF Value™: NZ$4.34 vs. price of NZ$8.30 (91.2% above fair value)
  • GF Score™: 41/100 with 11 warning signs
  • Industry Position: 58% above the Vehicles & Parts median (#344 of 1308)

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


Turners Automotive Group Business Description

Other Exchanges TRA:Australia
Address 70 Shortland Street, Level 5, PO Box 1232, Auckland, NZL, 1140
Turners Automotive Group Ltd, along with its subsidiaries, operates in the following reportable segments: Auto retail, Finance, Insurance, Credit management, and Corporate and other. The majority of its revenue is generated from the Auto retail segment, which is involved in remarketing (motor vehicles, trucks, heavy machinery, and commercial goods) and purchasing goods for sale. The Finance segment provides asset-based finance to consumers and SME's; the Insurance segment is involved in marketing and administration of a range of life and consumer insurance products; and the Credit management segment provides collection services, credit management, and debt recovery services to the corporate and SME sectors. Geographically, the group operates in New Zealand and Australia.
41GF Score

Get the complete analysis for NZSE:TRA

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

NZ$8.30
Price
NZ$4.34
GF Value