Quality and Reliability (ATH:QUAL) ROE % Adjusted to Book Value: -0.79% (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

ATH:QUAL Quality and Reliability SA ATH:QUAL
77 GF Score
Price €1.30
GF Value €2.06
Valuation Possible Value Trap
! 7 Warning Signs
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What is Quality and Reliability ROE % Adjusted to Book Value?

Quality and Reliability ATH:QUAL -0.31% 77 ROE % Adjusted to Book Value is -0.79% as of Dec. 2025. GuruFocus rates ATH:QUAL with a GF Score™ of 77/100 and a GF Value™ of €2.06 (Possible Value Trap). The stock has 7 warning signs investors should review.

Quality and Reliability's ROE % for the quarter that ended in Dec. 2025 was -4.61%. Quality and Reliability's PB Ratio for the quarter that ended in Dec. 2025 was 5.87. Quality and Reliability's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was -0.79%.


Quality and Reliability ROE % Adjusted to Book Value Related Terms


Quality and Reliability ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Quality and Reliability's ROE % Adjusted to Book Value 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.

Quality and Reliability ROE % Adjusted to Book Value Chart

Quality and Reliability Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.65 0.04 4.24 1.02 2.16

Quality and Reliability Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % Adjusted to Book Value 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 8.93 -0.27 2.33 4.85 -0.79

ATH:QUAL vs QH, SHOP, UBER: ROE % Adjusted to Book Value Comparison

For the Software - Application subindustry, Quality and Reliability's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


Quality and Reliability ROE % Adjusted to Book Value vs Software Industry

For the Software industry and Technology sector, Quality and Reliability's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Quality and Reliability's ROE % Adjusted to Book Value falls into.


ATH:QUAL
77GF Score
Quality and Reliability SA ATH:QUAL
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Quality and Reliability ROE % Adjusted to Book Value Calculation

Quality and Reliability's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=12.66% / 5.87
=2.16%

Quality and Reliability's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-4.61% / 5.87
=-0.79%

* 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.

What does a ROE % Adjusted to Book Value of -0.79% mean?
Quality and Reliability (ATH:QUAL) has a ROE % Adjusted to Book Value of -0.79% as of Dec. 2025. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Quality and Reliability and its competitors.
Is Quality and Reliability's ROE % Adjusted to Book Value too high?
Quality and Reliability's current ROE % Adjusted to Book Value is -0.79%. Overall, Quality and Reliability has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Quality and Reliability's ROE % Adjusted to Book Value compare to QH and SHOP?
Quality and Reliability's ROE % Adjusted to Book Value of -0.79% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Software company?
A good ROE % Adjusted to Book Value depends on the Software industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Quality and Reliability and its competitors. Quality and Reliability's current ROE % Adjusted to Book Value is -0.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quality and Reliability stock overvalued right now?
Based on GuruFocus' analysis, Quality and Reliability (ATH:QUAL) is currently considered Possible Value Trap. The stock's GF Value™ is €2.06, compared to a current price of €1.30 — trading 36.7% below its estimated fair value. The current ROE % Adjusted to Book Value is -0.79%. Quality and Reliability's overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Quality and Reliability (ATH:QUAL), the current ROE % Adjusted to Book Value is -0.79% 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 Quality and Reliability (ATH:QUAL) Overvalued in 2026?

Based on GuruFocus' analysis, Quality and Reliability stock appears to be undervalued. The current stock price of €1.30 is trading 36.7% below its estimated GF Value™ of €2.06. GuruFocus considers Quality and Reliability to be Possible Value Trap.

Key valuation signals for ATH:QUAL:

  • ROE % Adjusted to Book Value: -0.79%
  • GF Value™: €2.06 vs. price of €1.30 (36.7% below fair value)
  • GF Score™: 77/100 with 7 warning signs

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


Quality and Reliability Business Description

Address 11B Konitsis Street, Marousi, GRC, 15125
Quality and Reliability SA is engaged in software development and in the provision of integration services for information systems. The company delivers complex Integrated Information Systems for large and mid-size enterprises in the public and private sectors, cutting-edge technology solutions for Financial Institutions, Enterprise web Portals, white label e-Bookstore platforms & label e-commerce solutions, cross-platform Mobile Applications and multi-platform eBook interactive educational authoring tools.
77GF Score

Get the complete analysis for ATH:QUAL

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

€1.30
Price
€2.06
GF Value