Ariston Holding NVARSTY -12.23%53 ROE % is 9.92% as of Dec. 2025, which is 45% below its 10-year median of 18.05. GuruFocus rates ARSTY with a GF Score™ of 53/100 and a GF Value™ of $26.50 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,743 Construction companies, Ariston Holding NV ranks better than 58.23% on this metric.
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.
Ariston Holding NV ROE % Related Terms
Ariston Holding NV ROE % Historical Data
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The historical data trend for Ariston Holding NV'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 Building Products & Equipment subindustry, Ariston Holding NV'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.
Ariston Holding NV ROE % vs Construction Industry
For the Construction industry and Industrials sector, Ariston Holding NV's ROE % distribution charts can be found below:
* The bar in red indicates where Ariston Holding NV'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.
Ariston Holding NV (ARSTY) has a ROE % of 9.92% 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 Ariston Holding NV and its competitors. This is 45% below median its historical median of 18.05. Over the past decade, Ariston Holding NV's ROE % has ranged from 0.17 to 20.61. According to the industry distribution chart, Ariston Holding NV ranks #728 out of 1743 companies in the Construction industry, placing it in the top 41.8%.
Is Ariston Holding NV's ROE % too high?
Ariston Holding NV's current ROE % of 9.92% is 45% below median its 10-year median of 18.05. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 20.61. The Construction industry median ROE % is 6.71. Ariston Holding NV's value of 9.92% is 47.8% above this industry median. Based on the distribution chart, Ariston Holding NV ranks #728 out of 1743 companies in the Construction industry, which is above the industry midpoint. Overall, Ariston Holding NV has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ariston Holding NV's ROE % compare to TT and JCI?
According to the Construction industry distribution chart, Ariston Holding NV ranks #728 out of 1743 companies for ROE %. This puts Ariston Holding NV in the upper half of its industry. The industry median ROE % is 6.71. Ariston Holding NV's value of 9.92% is 47.8% above this benchmark. Historically, Ariston Holding NV's own ROE % has ranged from 0.17 to 20.61 over the past decade. While the company's 10-year median is 18.05 vs. the industry median of 6.71, Ariston Holding NV 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 Construction company?
The median ROE % among Construction companies is 6.71, based on 1,743 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. Ariston Holding NV's current ROE % of 9.92% is 47.8% 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 Ariston Holding NV and its competitors. For the Construction industry, the median ROE % is 6.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ariston Holding NV's current ROE % is 9.92%, which is 45% below median its own 10-year median of 18.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ariston Holding NV stock overvalued right now?
Based on GuruFocus' analysis, Ariston Holding NV (ARSTY) is currently considered Possible Value Trap. The stock's GF Value™ is $26.50, compared to a current price of $15.79 — trading 40.4% below its estimated fair value. The current ROE % is 9.92%, which is 45% below median its 10-year median of 18.05 and 47.8% above the Construction industry median of 6.71. Ariston Holding NV's overall GF Score™ is 53/100 with 5 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 Ariston Holding NV (ARSTY), the current ROE % is 9.92% 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 Ariston Holding NV (ARSTY) Overvalued in 2026?
Based on GuruFocus' analysis, Ariston Holding NV stock appears to be undervalued.
The current stock price of $15.79 is trading 40.4% below its estimated GF Value™ of $26.50.
GuruFocus considers Ariston Holding NV to be Possible Value Trap.
Key valuation signals for ARSTY:
ROE %: 9.92% (45% below median its 10-year median of 18.05)
GF Value™: $26.50 vs. price of $15.79 (40.4% below fair value)
Industry Position: 47.8% above the Construction median (#728 of 1743)
No single metric tells the full story. See the ARSTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ariston Holding NV is an Italian-based company that produces heating systems and related products. It develops, manufactures, and markets renewable hot water solutions. The company brands include Ariston, Wolf, Elco, Racold, and Calorex. The company's business division includes Thermal Comfort (TC), Air Treatments, Burners (BUR), and Components (COM). Geographically, the company generates revenue from the Netherlands (country of domicile), Germany, Italy, Switzerland, and Other countries. The company generates the majority of its revenue from the Thermal Comfort business division.
53GF Score
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