BRRDF (Borregaard ASA) ROE %: 12.23% (As of Mar. 2026) — 28% Below Median


BRRDF Borregaard ASA BRRDF
83 GF Score
Price $14.05
GF Value $21.42
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Borregaard ASA ROE %?

Borregaard ASA BRRDF -1.06% 83 ROE % is 12.23% as of Mar. 2026, which is 28% below its 10-year median of 17.09. GuruFocus rates BRRDF with a GF Score™ of 83/100 and a GF Value™ of $21.42 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,590 Chemicals companies, Borregaard ASA ranks better than 70.44% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Borregaard ASA's annualized net income for the quarter that ended in Mar. 2026 was $75.4 Mil. Borregaard ASA's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $616.1 Mil. Therefore, Borregaard ASA's annualized ROE % for the quarter that ended in Mar. 2026 was 12.23%.

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

BRRDF' s ROE % Range Over the Past 10 Years
Min: 9.36   Med: 17.09   Max: 23.44
Current: 9.36

During the past 13 years, Borregaard ASA's highest ROE % was 23.44%. The lowest was 9.36%. And the median was 17.09%.

BRRDF's ROE % is ranked better than
70.44% of 1590 companies
in the Chemicals industry
Industry Median: 5.195 vs BRRDF: 9.36

Borregaard ASA  (OTCPK:BRRDF) 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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=75.372/616.103
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(75.372 / 830.348)*(830.348 / 1003.6175)*(1003.6175 / 616.103)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.08 %*0.8274*1.629
=ROA %*Equity Multiplier
=7.51 %*1.629
=12.23 %

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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=75.372/616.103
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (75.372 / 95.252) * (95.252 / 114.304) * (114.304 / 830.348) * (830.348 / 1003.6175) * (1003.6175 / 616.103)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7913 * 0.8333 * 13.77 % * 0.8274 * 1.629
=12.23 %

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.


Borregaard ASA ROE % Related Terms


Borregaard ASA ROE % Historical Data

* Premium members only.

The historical data trend for Borregaard ASA'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.

Borregaard ASA ROE % Chart

Borregaard ASA 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 17.29 19.74 18.23 16.13 11.93

Borregaard ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 19.07 18.48 13.57 -5.46 12.23

BRRDF vs LIN, SHW, ECL: ROE % Comparison

For the Specialty Chemicals subindustry, Borregaard ASA'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.


Borregaard ASA ROE % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Borregaard ASA's ROE % distribution charts can be found below:

* The bar in red indicates where Borregaard ASA's ROE % falls into.


BRRDF
83GF Score
Borregaard ASA BRRDF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Borregaard ASA ROE % Calculation

Borregaard ASA'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 )
=61.344/( (449.271+579.109)/ 2 )
=61.344/514.19
=11.93 %

Borregaard ASA's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=75.372/( (579.109+653.097)/ 2 )
=75.372/616.103
=12.23 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 12.23% mean?
Borregaard ASA (BRRDF) has a ROE % of 12.23% 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 Borregaard ASA and its competitors. This is 28% below median its historical median of 17.09. Over the past decade, Borregaard ASA's ROE % has ranged from 9.36 to 23.44. According to the industry distribution chart, Borregaard ASA ranks #470 out of 1590 companies in the Chemicals industry, placing it in the top 29.6%.
Is Borregaard ASA's ROE % too high?
Borregaard ASA's current ROE % of 12.23% is 28% below median its 10-year median of 17.09. Over the past 10 years, this metric has ranged from a low of 9.36 to a high of 23.44. The Chemicals industry median ROE % is 5.20. Borregaard ASA's value of 12.23% is 135.4% above this industry median. Based on the distribution chart, Borregaard ASA ranks #470 out of 1590 companies in the Chemicals industry, which is above the industry midpoint. Overall, Borregaard ASA has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Borregaard ASA's ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Borregaard ASA ranks #470 out of 1590 companies for ROE %. This puts Borregaard ASA in the upper half of its industry. The industry median ROE % is 5.20. Borregaard ASA's value of 12.23% is 135.4% above this benchmark. Historically, Borregaard ASA's own ROE % has ranged from 9.36 to 23.44 over the past decade. While the company's 10-year median is 17.09 vs. the industry median of 5.20, Borregaard ASA 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 Chemicals company?
The median ROE % among Chemicals companies is 5.20, based on 1,590 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. Borregaard ASA's current ROE % of 12.23% is 135.4% 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 Borregaard ASA and its competitors. For the Chemicals industry, the median ROE % is 5.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Borregaard ASA's current ROE % is 12.23%, which is 28% below median its own 10-year median of 17.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borregaard ASA stock overvalued right now?
Based on GuruFocus' analysis, Borregaard ASA (BRRDF) is currently considered Significantly Undervalued. The stock's GF Value™ is $21.42, compared to a current price of $14.05 — trading 34.4% below its estimated fair value. The current ROE % is 12.23%, which is 28% below median its 10-year median of 17.09 and 135.4% above the Chemicals industry median of 5.20. Borregaard ASA's overall GF Score™ is 83/100 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 Borregaard ASA (BRRDF), the current ROE % is 12.23% 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 Borregaard ASA (BRRDF) Overvalued in 2026?

Based on GuruFocus' analysis, Borregaard ASA stock appears to be undervalued. The current stock price of $14.05 is trading 34.4% below its estimated GF Value™ of $21.42. GuruFocus considers Borregaard ASA to be Significantly Undervalued.

Key valuation signals for BRRDF:

  • ROE %: 12.23% (28% below median its 10-year median of 17.09)
  • GF Value™: $21.42 vs. price of $14.05 (34.4% below fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 135.4% above the Chemicals median (#470 of 1590)

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


Borregaard ASA Business Description

Address Hjalmar Wessels vei 6, P.O Box 162, Sarpsborg, NOR, 1701
Borregaard ASA makes and sells biochemicals and biomaterials designed to replace oil-based products. The company has three operating segments; BioSolutions segment develops, produces and sells biopolymers and bio vanillin from lignin used in Industries such as agrochemicals, batteries, industrial binders and construction. Bio vanillin is supplied to flavour and fragrance companies, as well as to the food and beverage industry, Biomaterials segment develops, produces and sells speciality cellulose mainly for use as a raw material in the production of cellulose ethers, cellulose acetate and other speciality products. It also includes cellulose fibrils for industrial applications, and the Fine Chemicals segment consists of fine chemical intermediates for contrast agents and bioethanol.
83GF Score

Get the complete analysis for BRRDF

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

$14.05
Price
$21.42
GF Value