Bolsa de Valores de Colombia (BOG:BVC) ROE %: 18.13% (As of Dec. 2025) — 34% Above Median


BOG:BVC Bolsa de Valores de Colombia SA BOG:BVC
68 GF Score
Price COP16,380.00
GF Value COP14,066.39
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Bolsa de Valores de Colombia ROE %?

Bolsa de Valores de Colombia BOG:BVC +1.74% 68 ROE % is 18.13% as of Dec. 2025, which is 34% above its 10-year median of 13.50. GuruFocus rates BOG:BVC with a GF Score™ of 68/100 and a GF Value™ of COP14,066.39 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 791 Capital Markets companies, Bolsa de Valores de Colombia ranks better than 77.75% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Bolsa de Valores de Colombia's annualized net income for the quarter that ended in Dec. 2025 was COP112,199 Mil. Bolsa de Valores de Colombia's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was COP618,868 Mil. Therefore, Bolsa de Valores de Colombia's annualized ROE % for the quarter that ended in Dec. 2025 was 18.13%.

The historical rank and industry rank for Bolsa de Valores de Colombia's ROE % or its related term are showing as below:

BOG:BVC' s ROE % Range Over the Past 10 Years
Min: 4.15   Med: 13.5   Max: 34.32
Current: 17.52

During the past 13 years, Bolsa de Valores de Colombia's highest ROE % was 34.32%. The lowest was 4.15%. And the median was 13.50%.

BOG:BVC's ROE % is ranked better than
77.75% of 791 companies
in the Capital Markets industry
Industry Median: 6 vs BOG:BVC: 17.52

Bolsa de Valores de Colombia  (BOG:BVC) 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
=112198.664/618868.39
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(112198.664 / 368839.704)*(368839.704 / 195945094.0635)*(195945094.0635 / 618868.39)
=Net Margin %*Asset Turnover*Equity Multiplier
=30.42 %*0.0019*316.6184
=ROA %*Equity Multiplier
=0.06 %*316.6184
=18.13 %

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
=112198.664/618868.39
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (112198.664 / 188552.72) * (188552.72 / 183918.716) * (183918.716 / 368839.704) * (368839.704 / 195945094.0635) * (195945094.0635 / 618868.39)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5951 * 1.0252 * 49.86 % * 0.0019 * 316.6184
=18.13 %

Note: The net income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (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.


Bolsa de Valores de Colombia ROE % Related Terms


Bolsa de Valores de Colombia ROE % Historical Data

* Premium members only.

The historical data trend for Bolsa de Valores de Colombia'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.

Bolsa de Valores de Colombia ROE % Chart

Bolsa de Valores de Colombia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.55 4.15 9.88 16.40 16.65

Bolsa de Valores de Colombia Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 17.24 15.91 17.38 19.55 18.13

BOG:BVC vs SPGI, CME, ICE: ROE % Comparison

For the Financial Data & Stock Exchanges subindustry, Bolsa de Valores de Colombia'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.


Bolsa de Valores de Colombia ROE % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bolsa de Valores de Colombia's ROE % distribution charts can be found below:

* The bar in red indicates where Bolsa de Valores de Colombia's ROE % falls into.


BOG:BVC
68GF Score
Bolsa de Valores de Colombia SA BOG:BVC
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bolsa de Valores de Colombia ROE % Calculation

Bolsa de Valores de Colombia's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=104880.843/( (627155.187+632528.616)/ 2 )
=104880.843/629841.9015
=16.65 %

Bolsa de Valores de Colombia's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=112198.664/( (605208.164+632528.616)/ 2 )
=112198.664/618868.39
=18.13 %

* 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 (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 18.13% mean?
Bolsa de Valores de Colombia (BOG:BVC) has a ROE % of 18.13% 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 Bolsa de Valores de Colombia and its competitors. This is 34% above median its historical median of 13.50. Over the past decade, Bolsa de Valores de Colombia's ROE % has ranged from 4.15 to 34.32. According to the industry distribution chart, Bolsa de Valores de Colombia ranks #176 out of 791 companies in the Capital Markets industry, placing it in the top 22.3%.
Is Bolsa de Valores de Colombia's ROE % too high?
Bolsa de Valores de Colombia's current ROE % of 18.13% is 34% above median its 10-year median of 13.50. Over the past 10 years, this metric has ranged from a low of 4.15 to a high of 34.32. The Capital Markets industry median ROE % is 6.00. Bolsa de Valores de Colombia's value of 18.13% is 202.2% above this industry median. Based on the distribution chart, Bolsa de Valores de Colombia ranks #176 out of 791 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Bolsa de Valores de Colombia has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bolsa de Valores de Colombia's ROE % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Bolsa de Valores de Colombia ranks #176 out of 791 companies for ROE %. This places Bolsa de Valores de Colombia in the top 22% of its industry — outperforming the majority of peers. The industry median ROE % is 6.00. Bolsa de Valores de Colombia's value of 18.13% is 202.2% above this benchmark. Historically, Bolsa de Valores de Colombia's own ROE % has ranged from 4.15 to 34.32 over the past decade. While the company's 10-year median is 13.50 vs. the industry median of 6.00, Bolsa de Valores de Colombia 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 Capital Markets company?
The median ROE % among Capital Markets companies is 6.00, based on 791 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. Bolsa de Valores de Colombia's current ROE % of 18.13% is 202.2% 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 Bolsa de Valores de Colombia and its competitors. For the Capital Markets industry, the median ROE % is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bolsa de Valores de Colombia's current ROE % is 18.13%, which is 34% above median its own 10-year median of 13.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bolsa de Valores de Colombia stock overvalued right now?
Based on GuruFocus' analysis, Bolsa de Valores de Colombia (BOG:BVC) is currently considered Modestly Overvalued. The stock's GF Value™ is COP14,066.39, compared to a current price of COP16,380.00 — trading 16.4% above its estimated fair value. The current ROE % is 18.13%, which is 34% above median its 10-year median of 13.50 and 202.2% above the Capital Markets industry median of 6.00. Bolsa de Valores de Colombia's overall GF Score™ is 68/100 with 8 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 Bolsa de Valores de Colombia (BOG:BVC), the current ROE % is 18.13% 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.

Is Bolsa de Valores de Colombia (BOG:BVC) Overvalued in 2026?

Based on GuruFocus' analysis, Bolsa de Valores de Colombia stock appears to be overvalued. The current stock price of COP16,380.00 is trading 16.4% above its estimated GF Value™ of COP14,066.39. GuruFocus considers Bolsa de Valores de Colombia to be Modestly Overvalued.

Key valuation signals for BOG:BVC:

  • ROE %: 18.13% (34% above median its 10-year median of 13.50)
  • GF Value™: COP14,066.39 vs. price of COP16,380.00 (16.4% above fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 202.2% above the Capital Markets median (#176 of 791)

No single metric tells the full story. See the BOG:BVC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bolsa de Valores de Colombia Business Description

Address Cra 7 #71-21 Torre B Piso 12, Bogota, COL
Bolsa de Valores de Colombia SA is a operator of the Colombian capital markets infrastructure. The company offers solutions and services for Issuers (issuer services and issuances), Trading (access, transactions, and registration), Post-trading (risk management, clearing, settlement, custody, and securities administration), and Information (market information and price provision) in the transactional and OTC markets for equities, fixed income, derivatives, and foreign exchange.
68GF Score

Get the complete analysis for BOG:BVC

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

COP16,380.00
Price
COP14,066.39
GF Value