Havanna HoldingBUE:HAVA -1.82%83 ROE % is 45.61% as of Mar. 2026, which is 166% above its 10-year median of 17.13. GuruFocus rates BUE:HAVA with a GF Score™ of 83/100 and a GF Value™ of ARS6,813.73 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 345 Restaurants companies, Havanna Holding ranks better than 82.03% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Havanna Holding's annualized net income for the quarter that ended in Mar. 2026 was ARS30,657 Mil. Havanna Holding's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ARS67,213 Mil. Therefore, Havanna Holding's annualized ROE % for the quarter that ended in Mar. 2026 was 45.61%.
The historical rank and industry rank for Havanna Holding's ROE % or its related term are showing as below:
BUE:HAVA'
s ROE % Range Over the Past 10 Years
Min: -47.27 Med: 17.13 Max: 63.4
Current: 21.94
During the past 13 years, Havanna Holding's highest ROE % was 63.40%. The lowest was -47.27%. And the median was 17.13%.
BUE:HAVA's ROE % is ranked better than 82.03% of 345
companies
in the Restaurants industry
Industry Median: 6.42
vs BUE:HAVA: 21.94
Havanna Holding (BUE:HAVA) 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.
Havanna Holding ROE % Related Terms
Havanna Holding ROE % Historical Data
* Premium members only.
The historical data trend for Havanna Holding'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 Restaurants subindustry, Havanna Holding'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.
Havanna Holding ROE % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Havanna Holding's ROE % distribution charts can be found below:
* The bar in red indicates where Havanna Holding'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.
Havanna Holding (BUE:HAVA) has a ROE % of 45.61% 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 Havanna Holding and its competitors. This is 166% above median its historical median of 17.13. According to the industry distribution chart, Havanna Holding ranks #62 out of 345 companies in the Restaurants industry, placing it in the top 18%.
Is Havanna Holding's ROE % too high?
Havanna Holding's current ROE % of 45.61% is 166% above median its 10-year median of 17.13. The Restaurants industry median ROE % is 6.42. Havanna Holding's value of 45.61% is 610.4% above this industry median. Based on the distribution chart, Havanna Holding ranks #62 out of 345 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Havanna Holding has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Havanna Holding's ROE % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Havanna Holding ranks #62 out of 345 companies for ROE %. This places Havanna Holding in the top 18% of its industry — outperforming the majority of peers. The industry median ROE % is 6.42. Havanna Holding's value of 45.61% is 610.4% above this benchmark. While the company's 10-year median is 17.13 vs. the industry median of 6.42, Havanna Holding 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 Restaurants company?
The median ROE % among Restaurants companies is 6.42, based on 345 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. Havanna Holding's current ROE % of 45.61% is 610.4% 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 Havanna Holding and its competitors. For the Restaurants industry, the median ROE % is 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Havanna Holding's current ROE % is 45.61%, which is 166% above median its own 10-year median of 17.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Havanna Holding stock overvalued right now?
Based on GuruFocus' analysis, Havanna Holding (BUE:HAVA) is currently considered Modestly Undervalued. The stock's GF Value™ is ARS6,813.73, compared to a current price of ARS5,390.00 — trading 20.9% below its estimated fair value. The current ROE % is 45.61%, which is 166% above median its 10-year median of 17.13 and 610.4% above the Restaurants industry median of 6.42. Havanna Holding's overall GF Score™ is 83/100 with 3 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 Havanna Holding (BUE:HAVA), the current ROE % is 45.61% 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 Havanna Holding (BUE:HAVA) Overvalued in 2026?
Based on GuruFocus' analysis, Havanna Holding stock appears to be undervalued.
The current stock price of ARS5,390.00 is trading 20.9% below its estimated GF Value™ of ARS6,813.73.
GuruFocus considers Havanna Holding to be Modestly Undervalued.
Key valuation signals for BUE:HAVA:
ROE %: 45.61% (166% above median its 10-year median of 17.13)
GF Value™: ARS6,813.73 vs. price of ARS5,390.00 (20.9% below fair value)
Industry Position: 610.4% above the Restaurants median (#62 of 345)
No single metric tells the full story. See the BUE:HAVA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Havanna Holding SA is an investment company. Through its subsidiaries, it operates coffee stores franchises in Argentina, Chile. Brazil, Venezuela, Bolivia, Paraguay, Uruguay, Peru, Mexico and Spain. Its products are cookies, chocolates, lattes, frappes.
83GF Score
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