Aegean AirlinesAGZNF 73 ROE % is 39.97% as of Dec. 2025, which is 56% above its 10-year median of 25.70. GuruFocus rates AGZNF with a GF Score™ of 73/100 and a GF Value™ of $17.05 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 991 Transportation companies, Aegean Airlines ranks better than 92.53% on this metric.
The historical rank and industry rank for Aegean Airlines's ROE % or its related term are showing as below:
AGZNF'
s ROE % Range Over the Past 10 Years
Min: -108.06 Med: 25.7 Max: 44.18
Current: 29.44
During the past 13 years, Aegean Airlines's highest ROE % was 44.18%. The lowest was -108.06%. And the median was 25.70%.
AGZNF's ROE % is ranked better than 92.53% of 991
companies
in the Transportation industry
Industry Median: 7.6
vs AGZNF: 29.44
Aegean Airlines (OTCPK:AGZNF) 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 (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.
Aegean Airlines ROE % Related Terms
Aegean Airlines ROE % Historical Data
* Premium members only.
The historical data trend for Aegean Airlines's ROE % 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.
For the Airlines subindustry, Aegean Airlines'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.
Aegean Airlines ROE % vs Transportation Industry
For the Transportation industry and Industrials sector, Aegean Airlines's ROE % distribution charts can be found below:
* The bar in red indicates where Aegean Airlines'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 (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Aegean Airlines (AGZNF) has a ROE % of 39.97% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Aegean Airlines and its competitors. This is 56% above median its historical median of 25.70. According to the industry distribution chart, Aegean Airlines ranks #74 out of 991 companies in the Transportation industry, placing it in the top 7.5%.
Is Aegean Airlines' ROE % too high?
Aegean Airlines' current ROE % of 39.97% is 56% above median its 10-year median of 25.70. The Transportation industry median ROE % is 7.60. Aegean Airlines' value of 39.97% is 425.9% above this industry median. Based on the distribution chart, Aegean Airlines ranks #74 out of 991 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Aegean Airlines has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aegean Airlines' ROE % compare to DAL and UAL?
According to the Transportation industry distribution chart, Aegean Airlines ranks #74 out of 991 companies for ROE %. This places Aegean Airlines in the top 8% of its industry — outperforming the majority of peers. The industry median ROE % is 7.60. Aegean Airlines' value of 39.97% is 425.9% above this benchmark. While the company's 10-year median is 25.70 vs. the industry median of 7.60, Aegean Airlines 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 Transportation company?
The median ROE % among Transportation companies is 7.60, based on 991 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. Aegean Airlines's current ROE % of 39.97% is 425.9% 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 Aegean Airlines and its competitors. For the Transportation industry, the median ROE % is 7.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aegean Airlines's current ROE % is 39.97%, which is 56% above median its own 10-year median of 25.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aegean Airlines stock overvalued right now?
Based on GuruFocus' analysis, Aegean Airlines (AGZNF) is currently considered Modestly Undervalued. The stock's GF Value™ is $17.05, compared to a current price of $14.20 — trading 16.7% below its estimated fair value. The current ROE % is 39.97%, which is 56% above median its 10-year median of 25.70 and 425.9% above the Transportation industry median of 7.60. Aegean Airlines' overall GF Score™ is 73/100 with 6 warning signs 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 Aegean Airlines (AGZNF), the current ROE % is 39.97% 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 Aegean Airlines (AGZNF) Overvalued in 2026?
Based on GuruFocus' analysis, Aegean Airlines stock appears to be undervalued.
The current stock price of $14.20 is trading 16.7% below its estimated GF Value™ of $17.05.
GuruFocus considers Aegean Airlines to be Modestly Undervalued.
Key valuation signals for AGZNF:
ROE %: 39.97% (56% above median its 10-year median of 25.70)
GF Value™: $17.05 vs. price of $14.20 (16.7% below fair value)
Industry Position: 425.9% above the Transportation median (#74 of 991)
No single metric tells the full story. See the AGZNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aegean Airlines SA is Greece's airline provider. The company generates revenue from Scheduled flights, Chartered flights, and others. The company generates maximum revenue from Scheduled flights. Additionally, it offers services related to air transportation, technical support, and ground-handling amenities. Approximately half of total passenger traffic derives from routes within Greece.
73GF Score
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