Messer Tehnogas a.d (XBEL:TGAS) ROE % Adjusted to Book Value: 13.99% (As of Dec. 2025)


XBEL:TGAS Messer Tehnogas a.d XBEL:TGAS
100 GF Score
Price RSD34,001.00
GF Value RSD28,839.18
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Messer Tehnogas a.d ROE % Adjusted to Book Value?

Messer Tehnogas a.d XBEL:TGAS 100 ROE % Adjusted to Book Value is 13.99% as of Dec. 2025. GuruFocus rates XBEL:TGAS with a GF Score™ of 100/100 and a GF Value™ of RSD28,839.18 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Messer Tehnogas a.d's ROE % for the quarter that ended in Dec. 2025 was 14.27%. Messer Tehnogas a.d's PB Ratio for the quarter that ended in Dec. 2025 was 1.02. Messer Tehnogas a.d's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was 13.99%.


Messer Tehnogas a.d ROE % Adjusted to Book Value Related Terms


Messer Tehnogas a.d ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Messer Tehnogas a.d'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.

Messer Tehnogas a.d ROE % Adjusted to Book Value Chart

Messer Tehnogas a.d 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 20.82 18.27 22.68 14.44 13.75

Messer Tehnogas a.d 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 26.57 20.19 14.29 13.67 13.99

XBEL:TGAS vs LIN, SHW, ECL: ROE % Adjusted to Book Value Comparison

For the Specialty Chemicals subindustry, Messer Tehnogas a.d'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.


Messer Tehnogas a.d ROE % Adjusted to Book Value vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Messer Tehnogas a.d's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Messer Tehnogas a.d's ROE % Adjusted to Book Value falls into.


XBEL:TGAS
100GF Score
Messer Tehnogas a.d XBEL:TGAS
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Messer Tehnogas a.d ROE % Adjusted to Book Value Calculation

Messer Tehnogas a.d'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
=14.02% / 1.02
=13.75%

Messer Tehnogas a.d'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
=14.27% / 1.02
=13.99%

* 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 13.99% mean?
Messer Tehnogas a.d (XBEL:TGAS) has a ROE % Adjusted to Book Value of 13.99% 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 Messer Tehnogas a.d and its competitors.
Is Messer Tehnogas a.d's ROE % Adjusted to Book Value too high?
Messer Tehnogas a.d's current ROE % Adjusted to Book Value is 13.99%. Overall, Messer Tehnogas a.d has a GF Score™ of 100/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Messer Tehnogas a.d's ROE % Adjusted to Book Value compare to LIN and SHW?
Messer Tehnogas a.d's ROE % Adjusted to Book Value of 13.99% can be compared against companies in the Chemicals 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 Chemicals company?
A good ROE % Adjusted to Book Value depends on the Chemicals 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 Messer Tehnogas a.d and its competitors. Messer Tehnogas a.d's current ROE % Adjusted to Book Value is 13.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Messer Tehnogas a.d stock overvalued right now?
Based on GuruFocus' analysis, Messer Tehnogas a.d (XBEL:TGAS) is currently considered Modestly Overvalued. The stock's GF Value™ is RSD28,839.18, compared to a current price of RSD34,001.00 — trading 17.9% above its estimated fair value. The current ROE % Adjusted to Book Value is 13.99%. Messer Tehnogas a.d's overall GF Score™ is 100/100 with 3 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 Messer Tehnogas a.d (XBEL:TGAS), the current ROE % Adjusted to Book Value is 13.99% 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 Messer Tehnogas a.d (XBEL:TGAS) Overvalued in 2026?

Based on GuruFocus' analysis, Messer Tehnogas a.d stock appears to be overvalued. The current stock price of RSD34,001.00 is trading 17.9% above its estimated GF Value™ of RSD28,839.18. GuruFocus considers Messer Tehnogas a.d to be Modestly Overvalued.

Key valuation signals for XBEL:TGAS:

  • ROE % Adjusted to Book Value: 13.99%
  • GF Value™: RSD28,839.18 vs. price of RSD34,001.00 (17.9% above fair value)
  • GF Score™: 100/100 with 3 warning signs

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


Messer Tehnogas a.d Business Description

Address Banjicki Put 62, Belgrade, SRB
Messer Tehnogas a.d. is engaged in the production and marketing of industrial and medical gases. The company serves steel and metal, metallurgy, chemical and petrochemical, food and beverage, pharmaceutical, automobile, electronics, medicine, home care, cutting and welding, water treatment and ecology and scientific research industry. Its products include oxygen, azot, argon, hydrogen, helium, home care, special gases, distribution line, HFC refrigerant fluids, natural cooling fluids, and other gases.
100GF Score

Get the complete analysis for XBEL:TGAS

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

RSD34,001.00
Price
RSD28,839.18
GF Value