Thorn Group Limited

Thorn Group Limitedverified

TGA.AX

Price:

$1.165

Market Cap:

$27.15M

Thorn Group Limited operates as a diversified financial services company in Australia. The company provides commercial finance, such as working capital and business asset lending solutions to small and medium size enterprises. It offers debtor finance and asset finance products under the thornmoney brand. Thorn Group Limited was founded in 1937 and is based in Sydney, Australia.[Read more]

Industry

Rental & Leasing Services

IPO Date

2006-12-12

Stock Exchange

ASX

Ticker

TGA.AX

The ROE as of January 2025 (TTM) for Thorn Group Limited (TGA.AX) is 2.54%

According to Thorn Group Limited’s latest financial reports and current stock price. The company's current ROE is 2.54%. This represents a change of -1001.53% compared to the average of -0.28% of the last 4 quarters.

Thorn Group Limited (TGA.AX) Historical ROE (quarterly & annually)

How has TGA.AX ROE performed in the past?

The mean historical ROE of Thorn Group Limited over the last ten years is 2.83%. The current 2.54% ROE has changed -10.25% with respect to the historical average. Over the past ten years (40 quarters), TGA.AX's ROE was at its highest in in the December 2020 quarter at 4.81%. The ROE was at its lowest in in the March 2020 quarter at -19.16%.

Quarterly (TTM)
Annual

Average

2.83%

Median

9.49%

Minimum

-76.64%

Maximum

48.03%

Thorn Group Limited (TGA.AX) ROE by Quarter and Year

Discovering the peaks and valleys of Thorn Group Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 782.56%

Maximum Annual ROE = 48.03%

Minimum Annual Increase = -114.84%

Minimum Annual ROE = -76.64%

Quarterly (TTM)
Annual
YearROEChange
20233.83%-92.02%
202248.03%444.21%
20218.83%-111.52%
2020-76.64%782.56%
2019-8.68%386.15%
2018-1.79%-114.84%
201712.04%18.54%
201610.15%-37.10%
201516.15%-1.57%
201416.40%-9.05%

Thorn Group Limited (TGA.AX) Average ROE

How has TGA.AX ROE performed in the past?

The current ROE of Thorn Group Limited (TGA.AX) is less than than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

20.23%

5-year avg

-4.93%

10-year avg

2.83%

Thorn Group Limited (TGA.AX) ROE vs. Peers

How is TGA.AX’s ROE compared to its peers?

Thorn Group Limited’s ROE is

CompanyROEMarket cap

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