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Black Spade Acquisition III CoBIII 8 ROE % is 0.00% as of Dec. 2025. GuruFocus rates BIII with a GF Score™ of 8/100. Among 483 Diversified Financial Services companies, Black Spade Acquisition III Co ranks worse than 207039.13% on this metric.
The historical rank and industry rank for Black Spade Acquisition III Co's ROE % or its related term are showing as below:
BIII's ROE % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.63 * Ranked among companies with meaningful ROE % only.
Black Spade Acquisition III Co (NYSE:BIII) 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 one times the annual (Dec. 2025) net income data. The Revenue data used here is one times the 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.
Black Spade Acquisition III Co ROE % Related Terms
Black Spade Acquisition III Co ROE % Historical Data
* 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.
Black Spade Acquisition III Co ROE % Chart
Black Spade Acquisition III Co Annual Data
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Dec25
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Black Spade Acquisition III Co Semi-Annual Data
Dec25
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BIII vs SVCC, TVIV, IRAB: ROE % Comparison
For the Shell Companies subindustry, Black Spade Acquisition III Co'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.
Black Spade Acquisition III Co ROE % vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Black Spade Acquisition III Co's ROE % distribution charts can be found below:
* The bar in red indicates where Black Spade Acquisition III Co'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 one times the 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.
Black Spade Acquisition III Co (BIII) has a ROE % of 0.00% 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 Black Spade Acquisition III Co and its competitors. According to the industry distribution chart, Black Spade Acquisition III Co ranks #999999 out of 483 companies in the Diversified Financial Services industry.
Is Black Spade Acquisition III Co's ROE % too high?
Black Spade Acquisition III Co's current ROE % is 0.00%. Based on the distribution chart, Black Spade Acquisition III Co ranks #999999 out of 483 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, Black Spade Acquisition III Co has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Black Spade Acquisition III Co's ROE % compare to SVCC and TVIV?
According to the Diversified Financial Services industry distribution chart, Black Spade Acquisition III Co ranks #999999 out of 483 companies for ROE %. This places Black Spade Acquisition III Co in the lower half of its industry. The industry median ROE % is 1.63. 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 Diversified Financial Services company?
The median ROE % among Diversified Financial Services companies is 1.63, based on 483 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 Black Spade Acquisition III Co and its competitors. For the Diversified Financial Services industry, the median ROE % is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Spade Acquisition III Co's current ROE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Spade Acquisition III Co stock overvalued right now?
Black Spade Acquisition III Co (BIII) has a current ROE % of 0.00%. The current ROE % is 0.00%. Black Spade Acquisition III Co's overall GF Score™ is 8/100. 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 Black Spade Acquisition III Co (BIII), the current ROE % is 0.00% 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.
Black Spade Acquisition III Co Business Description
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