Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Progress Technologies GroupTSE:339A +5.75%18 ROE % is 22.60% as of Feb. 2026, which is 26% below its 10-year median of 30.60. GuruFocus rates TSE:339A with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 2,683 Software companies, Progress Technologies Group ranks better than 85.76% on this metric.
The historical rank and industry rank for Progress Technologies Group's ROE % or its related term are showing as below:
TSE:339A'
s ROE % Range Over the Past 10 Years
Min: 23.19 Med: 30.6 Max: 37.31
Current: 23.42
During the past 5 years, Progress Technologies Group's highest ROE % was 37.31%. The lowest was 23.19%. And the median was 30.60%.
TSE:339A's ROE % is ranked better than 85.76% of 2683
companies
in the Software industry
Industry Median: 4.73
vs TSE:339A: 23.42
Progress Technologies Group (TSE:339A) 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 (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (Feb. 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.
* 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 Information Technology Services subindustry, Progress Technologies 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.
Progress Technologies Group ROE % vs Software Industry
For the Software industry and Technology sector, Progress Technologies Group's ROE % distribution charts can be found below:
* The bar in red indicates where Progress Technologies Group'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 (Feb. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Progress Technologies Group (TSE:339A) has a ROE % of 22.60% as of Feb. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Progress Technologies Group and its competitors. This is 26% below median its historical median of 30.60. Over the past decade, Progress Technologies Group's ROE % has ranged from 23.19 to 37.31. According to the industry distribution chart, Progress Technologies Group ranks #382 out of 2683 companies in the Software industry, placing it in the top 14.2%.
Is Progress Technologies Group's ROE % too high?
Progress Technologies Group's current ROE % of 22.60% is 26% below median its 10-year median of 30.60. Over the past 10 years, this metric has ranged from a low of 23.19 to a high of 37.31. The Software industry median ROE % is 4.73. Progress Technologies Group's value of 22.60% is 377.8% above this industry median. Based on the distribution chart, Progress Technologies Group ranks #382 out of 2683 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Progress Technologies Group has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Progress Technologies Group's ROE % compare to IBM and ACN?
According to the Software industry distribution chart, Progress Technologies Group ranks #382 out of 2683 companies for ROE %. This places Progress Technologies Group in the top 14% of its industry — outperforming the majority of peers. The industry median ROE % is 4.73. Progress Technologies Group's value of 22.60% is 377.8% above this benchmark. Historically, Progress Technologies Group's own ROE % has ranged from 23.19 to 37.31 over the past decade. While the company's 10-year median is 30.60 vs. the industry median of 4.73, Progress Technologies 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 Software company?
The median ROE % among Software companies is 4.73, based on 2,683 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. Progress Technologies Group's current ROE % of 22.60% is 377.8% 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 Progress Technologies Group and its competitors. For the Software industry, the median ROE % is 4.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progress Technologies Group's current ROE % is 22.60%, which is 26% below median its own 10-year median of 30.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progress Technologies Group stock overvalued right now?
Progress Technologies Group (TSE:339A) has a current ROE % of 22.60%. The current ROE % is 22.60%, which is 26% below median its 10-year median of 30.60 and 377.8% above the Software industry median of 4.73. Progress Technologies Group's overall GF Score™ is 18/100 with 1 warning sign 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 Progress Technologies Group (TSE:339A), the current ROE % is 22.60% as of Feb. 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.
Progress Technologies Group Inc Providing cutting-edge technology at a one-stop service for the design and R&D departments of major manufacturing companies, and offering solutions that lead to successful digital transformation for companies.
18GF Score
Get the complete analysis for TSE:339A
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
TSE:339A has been successfully added to your 
