Simple Mart Retail Co (TPE:2945) ROE %: 9.66% (As of Dec. 2025) — 31% Above Median


TPE:2945 Simple Mart Retail Co Ltd TPE:2945
80 GF Score
Price NT$43.00
GF Value NT$43.09
Valuation Fairly Valued
! 4 Warning Signs
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What is Simple Mart Retail Co ROE %?

Simple Mart Retail Co TPE:2945 -0.81% 80 ROE % is 9.66% as of Dec. 2025, which is 31% above its 10-year median of 7.35. GuruFocus rates TPE:2945 with a GF Score™ of 80/100 and a GF Value™ of NT$43.09 (Fairly Valued). The stock has 4 warning signs investors should review. Among 306 Retail - Defensive companies, Simple Mart Retail Co ranks worse than 53.59% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Simple Mart Retail Co's annualized net income for the quarter that ended in Dec. 2025 was NT$188 Mil. Simple Mart Retail Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$1,942 Mil. Therefore, Simple Mart Retail Co's annualized ROE % for the quarter that ended in Dec. 2025 was 9.66%.

The historical rank and industry rank for Simple Mart Retail Co's ROE % or its related term are showing as below:

TPE:2945' s ROE % Range Over the Past 10 Years
Min: 0.07   Med: 7.35   Max: 20.87
Current: 7.62

During the past 11 years, Simple Mart Retail Co's highest ROE % was 20.87%. The lowest was 0.07%. And the median was 7.35%.

TPE:2945's ROE % is ranked worse than
53.59% of 306 companies
in the Retail - Defensive industry
Industry Median: 8.53 vs TPE:2945: 7.62

Simple Mart Retail Co  (TPE:2945) 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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=187.736/1942.49
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(187.736 / 15338.46)*(15338.46 / 6277.6925)*(6277.6925 / 1942.49)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.22 %*2.4433*3.2318
=ROA %*Equity Multiplier
=2.98 %*3.2318
=9.66 %

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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=187.736/1942.49
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (187.736 / 202.756) * (202.756 / 195.72) * (195.72 / 15338.46) * (15338.46 / 6277.6925) * (6277.6925 / 1942.49)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9259 * 1.0359 * 1.28 % * 2.4433 * 3.2318
=9.66 %

Note: The net income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) 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.


Simple Mart Retail Co ROE % Related Terms


Simple Mart Retail Co ROE % Historical Data

* Premium members only.

The historical data trend for Simple Mart Retail Co'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.

Simple Mart Retail Co ROE % Chart

Simple Mart Retail Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.72 2.91 5.56 7.28 7.41

Simple Mart Retail Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 7.96 6.23 6.34 8.37 9.66

TPE:2945 vs KR, SFM, ACI: ROE % Comparison

For the Grocery Stores subindustry, Simple Mart Retail Co'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.


Simple Mart Retail Co ROE % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Simple Mart Retail Co's ROE % distribution charts can be found below:

* The bar in red indicates where Simple Mart Retail Co's ROE % falls into.


TPE:2945
80GF Score
Simple Mart Retail Co Ltd TPE:2945
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Simple Mart Retail Co ROE % Calculation

Simple Mart Retail Co's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=144.264/( (1900.809+1993.175)/ 2 )
=144.264/1946.992
=7.41 %

Simple Mart Retail Co's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=187.736/( (1891.805+1993.175)/ 2 )
=187.736/1942.49
=9.66 %

* 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 four times the quarterly (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 9.66% mean?
Simple Mart Retail Co (TPE:2945) has a ROE % of 9.66% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Simple Mart Retail Co and its competitors. This is 31% above median its historical median of 7.35. Over the past decade, Simple Mart Retail Co's ROE % has ranged from 0.07 to 20.87. According to the industry distribution chart, Simple Mart Retail Co ranks #164 out of 306 companies in the Retail - Defensive industry, placing it in the top 53.6%.
Is Simple Mart Retail Co's ROE % too high?
Simple Mart Retail Co's current ROE % of 9.66% is 31% above median its 10-year median of 7.35. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 20.87. The Retail - Defensive industry median ROE % is 8.53. Simple Mart Retail Co's value of 9.66% is 13.2% above this industry median. Based on the distribution chart, Simple Mart Retail Co ranks #164 out of 306 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Simple Mart Retail Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Simple Mart Retail Co's ROE % compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Simple Mart Retail Co ranks #164 out of 306 companies for ROE %. This places Simple Mart Retail Co in the lower half of its industry. The industry median ROE % is 8.53. Simple Mart Retail Co's value of 9.66% is 13.2% above this benchmark. Historically, Simple Mart Retail Co's own ROE % has ranged from 0.07 to 20.87 over the past decade. While the company's 10-year median is 7.35 vs. the industry median of 8.53, Simple Mart Retail Co 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 Retail - Defensive company?
The median ROE % among Retail - Defensive companies is 8.53, based on 306 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. Simple Mart Retail Co's current ROE % of 9.66% is 13.2% 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 Simple Mart Retail Co and its competitors. For the Retail - Defensive industry, the median ROE % is 8.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Simple Mart Retail Co's current ROE % is 9.66%, which is 31% above median its own 10-year median of 7.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simple Mart Retail Co stock overvalued right now?
Based on GuruFocus' analysis, Simple Mart Retail Co (TPE:2945) is currently considered Fairly Valued. The stock's GF Value™ is NT$43.09, compared to a current price of NT$43.00 — trading 0.2% below its estimated fair value. The current ROE % is 9.66%, which is 31% above median its 10-year median of 7.35 and 13.2% above the Retail - Defensive industry median of 8.53. Simple Mart Retail Co's overall GF Score™ is 80/100 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 Simple Mart Retail Co (TPE:2945), the current ROE % is 9.66% as of Dec. 2025. 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 Simple Mart Retail Co (TPE:2945) Overvalued in 2026?

Based on GuruFocus' analysis, Simple Mart Retail Co stock appears to be undervalued. The current stock price of NT$43.00 is trading 0.2% below its estimated GF Value™ of NT$43.09. GuruFocus considers Simple Mart Retail Co to be Fairly Valued.

Key valuation signals for TPE:2945:

  • ROE %: 9.66% (31% above median its 10-year median of 7.35)
  • GF Value™: NT$43.09 vs. price of NT$43.00 (0.2% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 13.2% above the Retail - Defensive median (#164 of 306)

No single metric tells the full story. See the TPE:2945 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Simple Mart Retail Co Business Description

Address Minquan East Road, B1, No. 4, Section 3, Zhongshan District, Taipei, TWN, 10477
Simple Mart Retail Co Ltd operates a retail chain of stores in Taiwan. The group has two reportable segments which mainly engage in selling daily commodities to customers; while the other segment engages in home shopping, health supplements, over-the-counter medicines, cosmetics, and organic products, as well as retail business on pet food and supplies.
80GF Score

Get the complete analysis for TPE:2945

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

NT$43.00
Price
NT$43.09
GF Value