Azeus Systems Holdings (SGX:BBW) ROE %: 72.87% (As of Mar. 2026) — 161% Above Median

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SGX:BBW Azeus Systems Holdings Ltd SGX:BBW
88 GF Score
Price S$10.20
GF Value S$14.93
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Azeus Systems Holdings ROE %?

Azeus Systems Holdings SGX:BBW +0.20% 88 ROE % is 72.87% as of Mar. 2026, which is 161% above its 10-year median of 27.88. GuruFocus rates SGX:BBW with a GF Score™ of 88/100 and a GF Value™ of S$14.93 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,688 Software companies, Azeus Systems Holdings ranks better than 96.24% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Azeus Systems Holdings's annualized net income for the quarter that ended in Mar. 2026 was S$28.25 Mil. Azeus Systems Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was S$38.76 Mil. Therefore, Azeus Systems Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was 72.87%.

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

SGX:BBW' s ROE % Range Over the Past 10 Years
Min: -23.69   Med: 27.88   Max: 87.21
Current: 57.14

During the past 13 years, Azeus Systems Holdings's highest ROE % was 87.21%. The lowest was -23.69%. And the median was 27.88%.

SGX:BBW's ROE % is ranked better than
96.24% of 2688 companies
in the Software industry
Industry Median: 4.855 vs SGX:BBW: 57.14

Azeus Systems Holdings  (SGX:BBW) 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
=28.246/38.7645
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(28.246 / 91.976)*(91.976 / 77.1395)*(77.1395 / 38.7645)
=Net Margin %*Asset Turnover*Equity Multiplier
=30.71 %*1.1923*1.99
=ROA %*Equity Multiplier
=36.62 %*1.99
=72.87 %

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
=28.246/38.7645
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (28.246 / 32.55) * (32.55 / 33.612) * (33.612 / 91.976) * (91.976 / 77.1395) * (77.1395 / 38.7645)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8678 * 0.9684 * 36.54 % * 1.1923 * 1.99
=72.87 %

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.


Azeus Systems Holdings ROE % Related Terms


Azeus Systems Holdings ROE % Historical Data

* Premium members only.

The historical data trend for Azeus Systems 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.

Azeus Systems Holdings ROE % Chart

Azeus Systems 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 35.47 34.77 58.17 87.21 62.07

Azeus Systems 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 71.70 52.30 110.62 38.17 72.87

SGX:BBW vs IBM, ACN, FISV: ROE % Comparison

For the Information Technology Services subindustry, Azeus Systems 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.


Azeus Systems Holdings ROE % vs Software Industry

For the Software industry and Technology sector, Azeus Systems Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Azeus Systems Holdings's ROE % falls into.


SGX:BBW
88GF Score
Azeus Systems Holdings Ltd SGX:BBW
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Azeus Systems Holdings ROE % Calculation

Azeus Systems 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 )
=22.023/( (38.501+32.463)/ 2 )
=22.023/35.482
=62.07 %

Azeus Systems 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 )
=28.246/( (45.066+32.463)/ 2 )
=28.246/38.7645
=72.87 %

* 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 72.87% mean?
Azeus Systems Holdings (SGX:BBW) has a ROE % of 72.87% 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 Azeus Systems Holdings and its competitors. This is 161% above median its historical median of 27.88. According to the industry distribution chart, Azeus Systems Holdings ranks #101 out of 2688 companies in the Software industry, placing it in the top 3.8%.
Is Azeus Systems Holdings' ROE % too high?
Azeus Systems Holdings' current ROE % of 72.87% is 161% above median its 10-year median of 27.88. The Software industry median ROE % is 4.86. Azeus Systems Holdings' value of 72.87% is 1400.9% above this industry median. Based on the distribution chart, Azeus Systems Holdings ranks #101 out of 2688 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Azeus Systems Holdings has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Azeus Systems Holdings' ROE % compare to IBM and ACN?
According to the Software industry distribution chart, Azeus Systems Holdings ranks #101 out of 2688 companies for ROE %. This places Azeus Systems Holdings in the top 4% of its industry — outperforming the majority of peers. The industry median ROE % is 4.86. Azeus Systems Holdings' value of 72.87% is 1400.9% above this benchmark. While the company's 10-year median is 27.88 vs. the industry median of 4.86, Azeus Systems 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 Software company?
The median ROE % among Software companies is 4.86, based on 2,688 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. Azeus Systems Holdings's current ROE % of 72.87% is 1400.9% 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 Azeus Systems Holdings and its competitors. For the Software industry, the median ROE % is 4.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azeus Systems Holdings's current ROE % is 72.87%, which is 161% above median its own 10-year median of 27.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azeus Systems Holdings stock overvalued right now?
Based on GuruFocus' analysis, Azeus Systems Holdings (SGX:BBW) is currently considered Significantly Undervalued. The stock's GF Value™ is S$14.93, compared to a current price of S$10.20 — trading 31.7% below its estimated fair value. The current ROE % is 72.87%, which is 161% above median its 10-year median of 27.88 and 1400.9% above the Software industry median of 4.86. Azeus Systems Holdings' overall GF Score™ is 88/100 with 3 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 Azeus Systems Holdings (SGX:BBW), the current ROE % is 72.87% 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 Azeus Systems Holdings (SGX:BBW) Overvalued in 2026?

Based on GuruFocus' analysis, Azeus Systems Holdings stock appears to be undervalued. The current stock price of S$10.20 is trading 31.7% below its estimated GF Value™ of S$14.93. GuruFocus considers Azeus Systems Holdings to be Significantly Undervalued.

Key valuation signals for SGX:BBW:

  • ROE %: 72.87% (161% above median its 10-year median of 27.88)
  • GF Value™: S$14.93 vs. price of S$10.20 (31.7% below fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 1400.9% above the Software median (#101 of 2688)

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


Azeus Systems Holdings Business Description

Address 979 Kings Road, 33rd Floor, Cambridge House, Taikoo Place, Quarry Bay, Hong Kong, HKG
Azeus Systems Holdings Ltd is an investment holding company that provides IT products and services in Hong Kong, Asia, the United Kingdom, Europe, Australia, New Zealand, North America, South America, the Middle East, and Africa. It operates through two segments, IT Services and Azeus Product. The IT Service segment includes designing and implementing a broad range of IT software and systems, as well as developing and integrating various software programmes of IT systems to fulfill the outsourcing needs of its customers. Its Product includes developing innovative technologies and solutions such as proprietary products known as AzeusCare, an enterprise level social care management system, and Convene, an award-winning Board Portal.
88GF Score

Get the complete analysis for SGX:BBW

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

S$10.20
Price
S$14.93
GF Value