ChemX Materials (ASX:CMX) ROE %: Negative Equity% (As of Dec. 2025)


What is ChemX Materials ROE %?

ChemX Materials ASX:CMX ROE % is Negative Equity% as of Dec. 2025. The stock has 4 warning signs investors should review.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. ChemX Materials's annualized net income for the quarter that ended in Dec. 2025 was A$4.59 Mil. ChemX Materials's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was A$-1.43 Mil. Therefore, ChemX Materials's annualized ROE % for the quarter that ended in Dec. 2025 was Negative Equity%.

The historical rank and industry rank for ChemX Materials's ROE % or its related term are showing as below:

ASX:CMX' s ROE % Range Over the Past 10 Years
Min: -766.5   Med: -65.17   Max: -18.55
Current: Negative Equity

During the past 4 years, ChemX Materials's highest ROE % was -18.55%. The lowest was -766.50%. And the median was -65.17%.

ASX:CMX's ROE % is not ranked
in the Industrial Products industry.
Industry Median: 5.91 vs ASX:CMX: Negative Equity

ChemX Materials  (ASX:CMX) 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:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=4.588/-1.434
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4.588 / 0)*(0 / 0.672)*(0.672 / -1.434)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*N/A
=ROA %*Equity Multiplier
=N/A %*N/A
=Negative Equity %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=4.588/-1.434
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4.588 / -0.584) * (-0.584 / -0.57) * (-0.57 / 0) * (0 / 0.672) * (0.672 / -1.434)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -7.8562 * 1.0246 * N/A % * 0 * N/A
=Negative Equity %

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.


ChemX Materials ROE % Related Terms


ChemX Materials ROE % Historical Data

* Premium members only.

The historical data trend for ChemX Materials'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.

ChemX Materials ROE % Chart

ChemX Materials Annual Data
Trend Jun22 Jun23 Jun24 Jun25
ROE %
-18.55 -49.62 -80.71 -766.50

ChemX Materials Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % Get a 7-Day Free Trial -62.26 -102.79 -1,690.06 Negative Equity Negative Equity

ASX:CMX vs VRT, HUBB, NVT: ROE % Comparison

For the Electrical Equipment & Parts subindustry, ChemX Materials'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.


ChemX Materials ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, ChemX Materials's ROE % distribution charts can be found below:

* The bar in red indicates where ChemX Materials's ROE % falls into.



ChemX Materials ROE % Calculation

ChemX Materials's annualized ROE % for the fiscal year that ended in Jun. 2025 is calculated as

ROE %=Net Income (A: Jun. 2025 )/( (Total Stockholders Equity (A: Jun. 2024 )+Total Stockholders Equity (A: Jun. 2025 ))/ count )
=-7.048/( (4.425+-2.586)/ 2 )
=-7.048/0.9195
=-766.50 %

ChemX Materials's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=4.588/( (-2.586+-0.282)/ 2 )
=4.588/-1.434
=Negative Equity %

* 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.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of Negative Equity% mean?
ChemX Materials (ASX:CMX) has a ROE % of Negative Equity% 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 ChemX Materials and its competitors.
Is ChemX Materials' ROE % too high?
ChemX Materials' current ROE % is Negative Equity%.
How does ChemX Materials' ROE % compare to VRT and HUBB?
ChemX Materials' ROE % of Negative Equity% can be compared against companies in the Industrial Products industry. The industry median ROE % is 5.91. 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 Industrial Products company?
The median ROE % among Industrial Products companies is 5.91, based on 3,009 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 ChemX Materials and its competitors. For the Industrial Products industry, the median ROE % is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ChemX Materials's current ROE % is Negative Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ChemX Materials stock overvalued right now?
ChemX Materials (ASX:CMX) has a current ROE % of Negative Equity%. The current ROE % is Negative Equity%. 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 ChemX Materials (ASX:CMX), the current ROE % is Negative Equity% 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.

ChemX Materials Business Description

Address 350 Kent Street, Level 2, Sydney, NSW, AUS, 2000
ChemX Materials Ltd is engaged in the development of its proprietary High Purity Alumina (HiPurA) technology and mining exploration activities. The Company focused on advancing HiPurA technology and the exploration and evaluation of mineral resources, with its operations conducted within Australia.