Blue Star HeliumASX:BNL ROE % is -142.39% as of Dec. 2025. The stock has 2 warning signs investors should review. Among 957 Oil & Gas companies, Blue Star Helium ranks worse than 94.36% on this metric.
The historical rank and industry rank for Blue Star Helium's ROE % or its related term are showing as below:
ASX:BNL'
s ROE % Range Over the Past 10 Years
Min: -132.41 Med: -34.95 Max: -9.21
Current: -102.22
During the past 13 years, Blue Star Helium's highest ROE % was -9.21%. The lowest was -132.41%. And the median was -34.95%.
ASX:BNL's ROE % is ranked worse than 94.36% of 957
companies
in the Oil & Gas industry
Industry Median: 5.71
vs ASX:BNL: -102.22
Blue Star Helium (ASX:BNL) 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.
Blue Star Helium ROE % Related Terms
Blue Star Helium ROE % Historical Data
* Premium members only.
The historical data trend for Blue Star Helium'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 Oil & Gas E&P subindustry, Blue Star Helium'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.
Blue Star Helium ROE % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Blue Star Helium's ROE % distribution charts can be found below:
* The bar in red indicates where Blue Star Helium'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.
Blue Star Helium (ASX:BNL) has a ROE % of -142.39% 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 Blue Star Helium and its competitors. According to the industry distribution chart, Blue Star Helium ranks #903 out of 957 companies in the Oil & Gas industry, placing it in the top 94.4%.
Is Blue Star Helium's ROE % too high?
Blue Star Helium's current ROE % is -142.39%. Based on the distribution chart, Blue Star Helium ranks #903 out of 957 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does Blue Star Helium's ROE % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Blue Star Helium ranks #903 out of 957 companies for ROE %. This places Blue Star Helium in the lower half of its industry. The industry median ROE % is 5.71. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.71, based on 957 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. 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 Blue Star Helium and its competitors. For the Oil & Gas industry, the median ROE % is 5.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Star Helium's current ROE % is -142.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Star Helium stock overvalued right now?
Blue Star Helium (ASX:BNL) has a current ROE % of -142.39%. The current ROE % is -142.39%. 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 Blue Star Helium (ASX:BNL), the current ROE % is -142.39% 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.
Blue Star Helium Ltd is an independent helium exploration and production company, headquartered in Australia, with operations and exploration in North America. Blue Star is focused on providing its shareholders with exposure to multiple high-value helium projects in North America. Its project portfolio comprises the Galactica-Pegasus Project, located in Las Animas County, Colorado, and the Voyager Project. The company is organised into one main operating segment, which involves helium (including oil and gas) exploration, development, and production in the USA.
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