Australia High ROE Stocks Today April 2026

The top high ROE stocks in Australia for April 2026, featuring leading companies such as PointsBet Holdings Limited (PBH.AX), AVITA Medical, Inc. (AVH.AX), Qantas Airways Limited (QAN.AX). These companies with high ROEs for April 2026 are recognized for efficiently converting shareholder equity into profit and maintaining strong financial performance.

Our list also highlights the top 5 high ROE picks in 2026, helping investors identify high-quality businesses with scalable profits and sustainable competitive advantages. Rankings are updated in real time using Meyka AI with live fundamentals and market data.

Signal Criteria
ROE>=15%
Market Cap>=$100M
SymbolPriceChangeVolumeROEMarket CapSector / IndustryGRADE
PBH.AX
PointsBet Holdings Limited
$1.00
+12.36%
+0.11
81.8K+6.53%316.3MConsumer Cyclical
BGrade
AVH.AX
AVITA Medical, Inc.
$1.53
+9.29%
+0.13
1.4M+4.78%166.4MHealthcare
BGrade
QAN.AX
Qantas Airways Limited
$9.09
+0.89%
+0.08
8.8M+1.51%13.6BIndustrials
Z
Grade
TLC.AX
The Lottery Corporation Limited
$5.58
+0.54%
+0.03
3.8M+1.10%12.4BConsumer Cyclical
Z
Grade
GQG.AX
GQG Partners Inc.
$1.70
-3.95%
-0.07
2.4M+1.08%5.1BFinancial Services
Z
Grade
LOV.AX
Lovisa Holdings Limited
$22.64
-2.67%
-0.62
253K+94.10%2.5BConsumer Cyclical
Z
Grade
LRT.AX
Lowell Resources Fund
$2.58
+7.05%
+0.17
39.9K+92.14%105.6MFinancial Services
Z
Grade
MMS.AX
McMillan Shakespeare Limited
$15.27
+1.06%
+0.16
151.8K+88.28%1.1BIndustrials
Z
Grade
FML.AX
Focus Minerals Limited
$2.66
+2.70%
+0.07
295.9K+79.54%762.2MBasic Materials
Z
Grade
PME.AX
Pro Medicus Limited
$137.42
+3.81%
+5.04
353.1K+72.67%13.8BHealthcare
Z
Grade
OBM.AX
Ora Banda Mining Limited
$1.32
+8.20%
+0.10
10.7M+68.49%2.4BBasic Materials
Z
Grade
OBL.AX
Omni Bridgeway Limited
$1.72
-6.01%
-0.11
134K+66.50%489.5MFinancial Services
Z
Grade
SHA.AX
SHAPE Australia Corporation Limited
$6.58
-1.79%
-0.12
132.9K+65.53%554.4MIndustrials
Z
Grade
SKS.AX
SKS Technologies Group Limited
$5.47
+5.80%
+0.30
295.1K+65.33%611.2MIndustrials
Z
Grade
L1G.AX
L1 Group Ltd.
$1.12
+5.66%
+0.06
4.4M+58.96%608.5MFinancial Services
Z
Grade
DTL.AX
Data#3 Limited
$6.98
+4.96%
+0.33
906.4K+58.17%1BTechnology
Z
Grade
AEF.AX
Australian Ethical Investment Ltd.
$4.95
-1.00%
-0.05
196.2K+55.44%566.9MFinancial Services
Z
Grade
RCT.AX
Reef Casino Trust
$3.40
-2.86%
-0.10
4.3K+48.57%174.8MConsumer Cyclical
Z
Grade
LNW.AX
Light & Wonder, Inc.
$122.77
-1.14%
-1.41
411K+48.21%9.9BConsumer Cyclical
Z
Grade
VNT.AX
Ventia Services Group Limited
$4.98
-2.16%
-0.11
3.7M+47.41%4.1BIndustrials
Z
Grade
TGF.AX
Tribeca Global Natural Resources Limited
$2.73
+3.41%
+0.09
198.7K+43.06%197.5MFinancial Services
Z
Grade
BVS.AX
Bravura Solutions Limited
$2.00
+2.56%
+0.05
744.5K+42.94%901.1MTechnology
Z
Grade
GNG.AX
GR Engineering Services Limited
$4.18
+1.70%
+0.07
535.6K+42.55%701.5MIndustrials
Z
Grade
WAF.AX
West African Resources Limited
$3.51
+4.15%
+0.14
4.2M+42.00%3.9BBasic Materials
Z
Grade
GGP.AX
Greatland Resources Limited
$15.10
+5.23%
+0.75
4.9M+41.93%9.8BBasic Materials
Z
Grade
360.AX
Life360, Inc.
$18.95
+5.81%
+1.04
638.1K+36.36%4.5BTechnology
Z
Grade
WES.AX
Wesfarmers Limited
$74.38
-1.69%
-1.28
1.1M+35.93%85.2BConsumer Cyclical
Z
Grade
DDR.AX
Dicker Data Limited
$9.03
+4.76%
+0.41
373.1K+33.69%1.6BTechnology
Z
Grade
NWL.AX
Netwealth Group Limited
$23.82
+5.07%
+1.15
525.7K+32.56%5.7BFinancial Services
Z
Grade
FID.AX
Fiducian Group Ltd
$8.86
+4.24%
+0.36
69.1K+32.32%271.2MFinancial Services
Z
Grade
1

Understanding High ROE Stocks

Return on Equity (ROE) measures how efficiently a company turns shareholder equity into profits. High ROE often signals well-managed, profitable, and high-margin companies.

The Australian Securities Exchange (ASX) high ROE stocks today April 2026 list ranks companies using live market metrics, including:

  • Price movements: $1.00, $1.53, $9.09
  • Trading volume: 81.8K, 1.4M, 8.8M
  • Market capitalization: 316.3M, 166.4M, 13.6B
  • Sector / Industry: Consumer Cyclical / Gambling, Resorts & Casinos, Healthcare / Medical - Devices, Industrials / Airlines, Airports & Air Services

This curated list allows investors to compare financial efficiency across sectors, identify businesses with high growth potential, and focus on long-term compounders.

Why Track High ROE Stocks?

Quality Signal
  • Pinpoint efficient, high-margin companies
  • Measure profitability relative to shareholder equity
  • Compare quality across sectors and industries
Better Investing Decisions
  • Identify businesses that can scale profits effectively
  • Filter out weak or low-return companies
  • Align portfolios with long-term compounders and high-quality growth stocks

Related Resources

Top Growth Stocks
Find high ROE stocks that also show fast revenue and earnings growth.
High Dividend Stocks
Combine strong ROE and dividend yield for quality income-generating picks.
Financial Sector Leaders
Track banks and insurers with consistently high ROE and strong capital ratios.

Frequently Asked Questions

High ROE stocks are identified using real-time data such as Price, Change, Market Cap, Sector / Industry, Volume, and overall GRADE, with a focus on strong return on equity and profitability.
ROE measures how efficiently a company generates profits from shareholder equity, helping investors identify financially strong and well-managed businesses.
The GRADE reflects Meyka AI's evaluation of a stock's financial efficiency, profitability, price performance, and overall market quality.
Market Cap helps investors understand company size and stability, allowing comparison between high ROE small-cap, mid-cap, and large-cap companies.
Higher Volume signals strong investor interest and liquidity, confirming whether a high ROE stock is actively traded and supported by the market.