BVVBY (Bureau Veritas) ROE %: 33.94% (As of Dec. 2025) — 18% Above Median


BVVBY Bureau Veritas SA BVVBY
84 GF Score
Price $58.91
GF Value $70.17
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Bureau Veritas ROE %?

Bureau Veritas BVVBY -0.77% 84 ROE % is 33.94% as of Dec. 2025, which is 18% above its 10-year median of 28.78. GuruFocus rates BVVBY with a GF Score™ of 84/100 and a GF Value™ of $70.17 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,058 Business Services companies, Bureau Veritas ranks better than 94.14% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Bureau Veritas's annualized net income for the quarter that ended in Dec. 2025 was $622 Mil. Bureau Veritas's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was $1,833 Mil. Therefore, Bureau Veritas's annualized ROE % for the quarter that ended in Dec. 2025 was 33.94%.

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

BVVBY' s ROE % Range Over the Past 10 Years
Min: 10.02   Med: 28.78   Max: 34.47
Current: 34.42

During the past 13 years, Bureau Veritas's highest ROE % was 34.47%. The lowest was 10.02%. And the median was 28.78%.

BVVBY's ROE % is ranked better than
94.14% of 1058 companies
in the Business Services industry
Industry Median: 8.095 vs BVVBY: 34.42

Bureau Veritas  (OTCPK:BVVBY) 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
=622.248/1833.302
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(622.248 / 7667.214)*(7667.214 / 7917.7175)*(7917.7175 / 1833.302)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.12 %*0.9684*4.3188
=ROA %*Equity Multiplier
=7.86 %*4.3188
=33.94 %

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
=622.248/1833.302
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (622.248 / 980.562) * (980.562 / 1166.51) * (1166.51 / 7667.214) * (7667.214 / 7917.7175) * (7917.7175 / 1833.302)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6346 * 0.8406 * 15.21 % * 0.9684 * 4.3188
=33.94 %

Note: The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-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.


Bureau Veritas ROE % Related Terms


Bureau Veritas ROE % Historical Data

* Premium members only.

The historical data trend for Bureau Veritas'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.

Bureau Veritas ROE % Chart

Bureau Veritas 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 28.33 25.86 26.90 28.56 33.85

Bureau Veritas Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 29.98 26.10 36.75 39.89 33.94

BVVBY vs VRSK, EFX, BAH: ROE % Comparison

For the Consulting Services subindustry, Bureau Veritas'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.


Bureau Veritas ROE % vs Business Services Industry

For the Business Services industry and Industrials sector, Bureau Veritas's ROE % distribution charts can be found below:

* The bar in red indicates where Bureau Veritas's ROE % falls into.


BVVBY
84GF Score
Bureau Veritas SA BVVBY
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bureau Veritas ROE % Calculation

Bureau Veritas'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 )
=688.525/( (2064.607+2003.513)/ 2 )
=688.525/2034.06
=33.85 %

Bureau Veritas's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=622.248/( (1663.091+2003.513)/ 2 )
=622.248/1833.302
=33.94 %

* 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 two times the semi-annual (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 33.94% mean?
Bureau Veritas (BVVBY) has a ROE % of 33.94% 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 Bureau Veritas and its competitors. This is 18% above median its historical median of 28.78. Over the past decade, Bureau Veritas' ROE % has ranged from 10.02 to 34.47. According to the industry distribution chart, Bureau Veritas ranks #62 out of 1058 companies in the Business Services industry, placing it in the top 5.9%.
Is Bureau Veritas' ROE % too high?
Bureau Veritas' current ROE % of 33.94% is 18% above median its 10-year median of 28.78. Over the past 10 years, this metric has ranged from a low of 10.02 to a high of 34.47. The Business Services industry median ROE % is 8.10. Bureau Veritas' value of 33.94% is 319.3% above this industry median. Based on the distribution chart, Bureau Veritas ranks #62 out of 1058 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Bureau Veritas has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bureau Veritas' ROE % compare to VRSK and EFX?
According to the Business Services industry distribution chart, Bureau Veritas ranks #62 out of 1058 companies for ROE %. This places Bureau Veritas in the top 6% of its industry — outperforming the majority of peers. The industry median ROE % is 8.10. Bureau Veritas' value of 33.94% is 319.3% above this benchmark. Historically, Bureau Veritas' own ROE % has ranged from 10.02 to 34.47 over the past decade. While the company's 10-year median is 28.78 vs. the industry median of 8.10, Bureau Veritas 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 Business Services company?
The median ROE % among Business Services companies is 8.10, based on 1,058 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. Bureau Veritas's current ROE % of 33.94% is 319.3% 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 Bureau Veritas and its competitors. For the Business Services industry, the median ROE % is 8.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bureau Veritas's current ROE % is 33.94%, which is 18% above median its own 10-year median of 28.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bureau Veritas stock overvalued right now?
Based on GuruFocus' analysis, Bureau Veritas (BVVBY) is currently considered Modestly Undervalued. The stock's GF Value™ is $70.17, compared to a current price of $58.91 — trading 16.1% below its estimated fair value. The current ROE % is 33.94%, which is 18% above median its 10-year median of 28.78 and 319.3% above the Business Services industry median of 8.10. Bureau Veritas' overall GF Score™ is 84/100 with 1 warning sign 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 Bureau Veritas (BVVBY), the current ROE % is 33.94% 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 Bureau Veritas (BVVBY) Overvalued in 2026?

Based on GuruFocus' analysis, Bureau Veritas stock appears to be undervalued. The current stock price of $58.91 is trading 16.1% below its estimated GF Value™ of $70.17. GuruFocus considers Bureau Veritas to be Modestly Undervalued.

Key valuation signals for BVVBY:

  • ROE %: 33.94% (18% above median its 10-year median of 28.78)
  • GF Value™: $70.17 vs. price of $58.91 (16.1% below fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 319.3% above the Business Services median (#62 of 1058)

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


Bureau Veritas Business Description

Address Tour Alto, 4 Place des Saisons, Courbevoie, FRA, 92400
Bureau Veritas is a testing, inspection, and certification company. Its primary activities include testing products and materials, inspecting sites and equipment, and certifying products and systems to maintain global standards. Bureau Veritas is one of a handful of companies in the TIC sector that operate globally across numerous industries, including marine, industry, commodities, construction, and consumer products. Bureau Veritas was listed in 2007; it was previously privately owned by the Wendel Group, which retains a significant holding.
84GF Score

Get the complete analysis for BVVBY

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

$58.91
Price
$70.17
GF Value