Bechtle AGBHTLF 77 ROE % is 8.63% as of Mar. 2026, which is 47% below its 10-year median of 16.36. GuruFocus rates BHTLF with a GF Score™ of 77/100 and a GF Value™ of $62.97. The stock has 2 warning signs investors should review. Among 2,682 Software companies, Bechtle AG ranks better than 67.15% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Bechtle AG's annualized net income for the quarter that ended in Mar. 2026 was $208 Mil. Bechtle AG's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $2,413 Mil. Therefore, Bechtle AG's annualized ROE % for the quarter that ended in Mar. 2026 was 8.63%.
The historical rank and industry rank for Bechtle AG's ROE % or its related term are showing as below:
BHTLF'
s ROE % Range Over the Past 10 Years
Min: 11.57 Med: 16.36 Max: 18.4
Current: 11.81
During the past 13 years, Bechtle AG's highest ROE % was 18.40%. The lowest was 11.57%. And the median was 16.36%.
BHTLF's ROE % is ranked better than 67.15% of 2682
companies
in the Software industry
Industry Median: 4.72
vs BHTLF: 11.81
Bechtle AG (OTCPK:BHTLF) 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 (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.
Bechtle AG ROE % Related Terms
Bechtle AG ROE % Historical Data
* Premium members only.
The historical data trend for Bechtle AG'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 Information Technology Services subindustry, Bechtle AG'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.
Bechtle AG ROE % vs Software Industry
For the Software industry and Technology sector, Bechtle AG's ROE % distribution charts can be found below:
* The bar in red indicates where Bechtle AG'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 (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Bechtle AG (BHTLF) has a ROE % of 8.63% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Bechtle AG and its competitors. This is 47% below median its historical median of 16.36. Over the past decade, Bechtle AG's ROE % has ranged from 11.57 to 18.40. According to the industry distribution chart, Bechtle AG ranks #881 out of 2682 companies in the Software industry, placing it in the top 32.8%.
Is Bechtle AG's ROE % too high?
Bechtle AG's current ROE % of 8.63% is 47% below median its 10-year median of 16.36. Over the past 10 years, this metric has ranged from a low of 11.57 to a high of 18.40. The Software industry median ROE % is 4.72. Bechtle AG's value of 8.63% is 82.8% above this industry median. Based on the distribution chart, Bechtle AG ranks #881 out of 2682 companies in the Software industry, which is above the industry midpoint. Overall, Bechtle AG has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Bechtle AG's ROE % compare to IBM and ACN?
According to the Software industry distribution chart, Bechtle AG ranks #881 out of 2682 companies for ROE %. This puts Bechtle AG in the upper half of its industry. The industry median ROE % is 4.72. Bechtle AG's value of 8.63% is 82.8% above this benchmark. Historically, Bechtle AG's own ROE % has ranged from 11.57 to 18.40 over the past decade. While the company's 10-year median is 16.36 vs. the industry median of 4.72, Bechtle AG 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 Software company?
The median ROE % among Software companies is 4.72, based on 2,682 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. Bechtle AG's current ROE % of 8.63% is 82.8% 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 Bechtle AG and its competitors. For the Software industry, the median ROE % is 4.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bechtle AG's current ROE % is 8.63%, which is 47% below median its own 10-year median of 16.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bechtle AG stock overvalued right now?
Bechtle AG (BHTLF) has a current ROE % of 8.63%. The stock's GF Value™ is $62.97, compared to a current price of $46.95 — trading 25.4% below its estimated fair value. The current ROE % is 8.63%, which is 47% below median its 10-year median of 16.36 and 82.8% above the Software industry median of 4.72. Bechtle AG's overall GF Score™ is 77/100 with 2 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 Bechtle AG (BHTLF), the current ROE % is 8.63% as of Mar. 2026. 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 Bechtle AG (BHTLF) Overvalued in 2026?
Based on GuruFocus' analysis, Bechtle AG stock appears to be undervalued.
The current stock price of $46.95 is trading 25.4% below its estimated GF Value™ of $62.97.
Key valuation signals for BHTLF:
ROE %: 8.63% (47% below median its 10-year median of 16.36)
GF Value™: $62.97 vs. price of $46.95 (25.4% below fair value)
Industry Position: 82.8% above the Software median (#881 of 2682)
No single metric tells the full story. See the BHTLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bechtle AG is an information technology provider with operations in Germany, Austria, Switzerland, and other European countries. The company's customers are mainly in the industrial, trade, financial, and public sectors. The company operates through four reportable segments; Germany, France, Benelux, and Other Europe. It generates maximum of its revenue from the Germany segment. The company offers its customers IT hardware, software, solutions and services in 14 European countries, with Germany being the main market.
77GF Score
Get the complete analysis for BHTLF
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BHTLF has been successfully added to your 
