WestStar Industrial (ASX:WSI) ROE %: 3.74% (As of Dec. 2025) — 48% Below Median


What is WestStar Industrial ROE %?

WestStar Industrial ASX:WSI ROE % is 3.74% as of Dec. 2025, which is 48% below its 10-year median of 7.14. The stock has 4 warning signs investors should review. Among 1,743 Construction companies, WestStar Industrial ranks worse than 82.33% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. WestStar Industrial's annualized net income for the quarter that ended in Dec. 2025 was A$1.1 Mil. WestStar Industrial's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was A$28.1 Mil. Therefore, WestStar Industrial's annualized ROE % for the quarter that ended in Dec. 2025 was 3.74%.

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

ASX:WSI' s ROE % Range Over the Past 10 Years
Min: -22807.02   Med: 7.14   Max: 73.65
Current: -5.33

During the past 13 years, WestStar Industrial's highest ROE % was 73.65%. The lowest was -22,807.02%. And the median was 7.14%.

ASX:WSI's ROE % is ranked worse than
82.33% of 1743 companies
in the Construction industry
Industry Median: 6.69 vs ASX:WSI: -5.33

WestStar Industrial  (ASX:WSI) 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
=1.052/28.14
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.052 / 151.84)*(151.84 / 66.2995)*(66.2995 / 28.14)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.69 %*2.2902*2.3561
=ROA %*Equity Multiplier
=1.58 %*2.3561
=3.74 %

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
=1.052/28.14
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1.052 / -5.49) * (-5.49 / -5.03) * (-5.03 / 151.84) * (151.84 / 66.2995) * (66.2995 / 28.14)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -0.1916 * 1.0915 * -3.31 % * 2.2902 * 2.3561
=3.74 %

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.


WestStar Industrial ROE % Related Terms


WestStar Industrial ROE % Historical Data

* Premium members only.

The historical data trend for WestStar Industrial'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.

WestStar Industrial ROE % Chart

WestStar Industrial Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.95 22.40 7.14 11.85 -11.81

WestStar Industrial Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.42 2.68 -9.11 -14.27 3.74

ASX:WSI vs PWR, FIX, EME: ROE % Comparison

For the Engineering & Construction subindustry, WestStar Industrial'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.


WestStar Industrial ROE % vs Construction Industry

For the Construction industry and Industrials sector, WestStar Industrial's ROE % distribution charts can be found below:

* The bar in red indicates where WestStar Industrial's ROE % falls into.



WestStar Industrial ROE % Calculation

WestStar Industrial'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 )
=-3.415/( (29.984+27.826)/ 2 )
=-3.415/28.905
=-11.81 %

WestStar Industrial'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 )
=1.052/( (27.826+28.454)/ 2 )
=1.052/28.14
=3.74 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 3.74% mean?
WestStar Industrial (ASX:WSI) has a ROE % of 3.74% 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 WestStar Industrial and its competitors. This is 48% below median its historical median of 7.14. According to the industry distribution chart, WestStar Industrial ranks #1435 out of 1743 companies in the Construction industry, placing it in the top 82.3%.
Is WestStar Industrial's ROE % too high?
WestStar Industrial's current ROE % of 3.74% is 48% below median its 10-year median of 7.14. The Construction industry median ROE % is 6.69. WestStar Industrial's value of 3.74% is 44.1% below this industry median. Based on the distribution chart, WestStar Industrial ranks #1435 out of 1743 companies in the Construction industry, which is in the bottom quartile relative to peers.
How does WestStar Industrial's ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, WestStar Industrial ranks #1435 out of 1743 companies for ROE %. This places WestStar Industrial in the lower half of its industry. The industry median ROE % is 6.69. WestStar Industrial's value of 3.74% is 44.1% below this benchmark. While the company's 10-year median is 7.14 vs. the industry median of 6.69, WestStar Industrial has consistently been below 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 6.69, 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. WestStar Industrial's current ROE % of 3.74% is 44.1% below 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 WestStar Industrial and its competitors. For the Construction industry, the median ROE % is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WestStar Industrial's current ROE % is 3.74%, which is 48% below median its own 10-year median of 7.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WestStar Industrial stock overvalued right now?
Based on GuruFocus' analysis, WestStar Industrial (ASX:WSI) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.05, compared to a current price of A$0.06 — trading 18% above its estimated fair value. The current ROE % is 3.74%, which is 48% below median its 10-year median of 7.14 and 44.1% below the Construction industry median of 6.69. 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 WestStar Industrial (ASX:WSI), the current ROE % is 3.74% 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.

WestStar Industrial Business Description

Address 52 Hope Valley Road, Naval Base, WA, AUS, 6165
WestStar Industrial Ltd is an Australian company offering industrial project solutions in engineering, fabrication, construction, and maintenance across sectors such as resources, energy, oil and gas, petrochemical, water, marine, defence, and infrastructure. The company operates through three segments: SIMPEC, Alltype Engineering, and Watmar Engineering. SIMPEC specializes in structural, mechanical, piping, electrical, and instrumentation contracting. Alltype Engineering provides workshop services, site installation, construction, and maintenance across various industries. Watmar Engineering focuses on fluid systems engineering for the defence and marine sectors. The majority of the company's revenue is generated from the Alltype segment.