American ResourcesAREC -1.75%28 ROE % is 39,079.67% as of Dec. 2025, which is 22907% above its 10-year median of 169.86. GuruFocus rates AREC with a GF Score™ of 28/100. The stock has 6 warning signs investors should review. Among 618 Steel companies, American Resources ranks better than 99.84% on this metric.
The historical rank and industry rank for American Resources's ROE % or its related term are showing as below:
AREC'
s ROE % Range Over the Past 10 Years
Min: -378.89 Med: 169.86 Max: 718.61
Current: Negative Equity
During the past 12 years, American Resources's highest ROE % was 718.61%. The lowest was -378.89%. And the median was 169.86%.
AREC's ROE % is ranked better than 99.84% of 618
companies
in the Steel industry
Industry Median: 3.69
vs AREC: Negative Equity
American Resources (NAS:AREC) 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 four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (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.
American Resources ROE % Related Terms
American Resources ROE % Historical Data
* Premium members only.
The historical data trend for American Resources'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 Coking Coal subindustry, American Resources'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.
American Resources ROE % vs Steel Industry
For the Steel industry and Basic Materials sector, American Resources's ROE % distribution charts can be found below:
* The bar in red indicates where American Resources'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 four times the quarterly (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
American Resources (AREC) has a ROE % of 39,079.67% 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 American Resources and its competitors. This is 22907% above median its historical median of 169.86. According to the industry distribution chart, American Resources ranks #1 out of 618 companies in the Steel industry, placing it in the top 0.2%.
Is American Resources' ROE % too high?
American Resources' current ROE % of 39,079.67% is 22907% above median its 10-year median of 169.86. The Steel industry median ROE % is 3.69. American Resources' value of 39,079.67% is 1058969.6% above this industry median. Based on the distribution chart, American Resources ranks #1 out of 618 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, American Resources has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does American Resources' ROE % compare to SXC and METC?
According to the Steel industry distribution chart, American Resources ranks #1 out of 618 companies for ROE %. This places American Resources in the top 0% of its industry — outperforming the majority of peers. The industry median ROE % is 3.69. American Resources' value of 39,079.67% is 1058969.6% above this benchmark. While the company's 10-year median is 169.86 vs. the industry median of 3.69, American Resources 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 Steel company?
The median ROE % among Steel companies is 3.69, based on 618 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. American Resources's current ROE % of 39,079.67% is 1058969.6% 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 American Resources and its competitors. For the Steel industry, the median ROE % is 3.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Resources's current ROE % is 39,079.67%, which is 22907% above median its own 10-year median of 169.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Resources stock overvalued right now?
American Resources (AREC) has a current ROE % of 39,079.67%. The current ROE % is 39,079.67%, which is 22907% above median its 10-year median of 169.86 and 1058969.6% above the Steel industry median of 3.69. American Resources' overall GF Score™ is 28/100 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 American Resources (AREC), the current ROE % is 39,079.67% 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.
American Resources Corp is engaged in the aggregation, recovery, recycling, and sale of recovered metal and steel materials. The company operates through two segments: Corporate and Electrified Materials. The Electrified Materials segment focuses on processing and recycling recovered metal and steel products.
28GF Score
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