Afry ABCHIX:AFRYS 70 ROE % is 7.44% as of Mar. 2026, which is 27% below its 10-year median of 10.19. GuruFocus rates CHIX:AFRYS with a GF Score™ of 70/100 and a GF Value™ of kr150.96 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,743 Construction companies, Afry AB ranks worse than 52.61% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Afry AB's annualized net income for the quarter that ended in Mar. 2026 was kr960 Mil. Afry AB's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was kr12,902 Mil. Therefore, Afry AB's annualized ROE % for the quarter that ended in Mar. 2026 was 7.44%.
The historical rank and industry rank for Afry AB's ROE % or its related term are showing as below:
CHIX:AFRYs'
s ROE % Range Over the Past 10 Years
Min: 6.19 Med: 10.19 Max: 16.31
Current: 6.19
During the past 13 years, Afry AB's highest ROE % was 16.31%. The lowest was 6.19%. And the median was 10.19%.
CHIX:AFRYs's ROE % is ranked worse than 52.61% of 1743
companies
in the Construction industry
Industry Median: 6.69
vs CHIX:AFRYs: 6.19
Afry AB (CHIX:AFRYs) 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.
Afry AB ROE % Related Terms
Afry AB ROE % Historical Data
* Premium members only.
The historical data trend for Afry AB'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 Engineering & Construction subindustry, Afry AB'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.
Afry AB ROE % vs Construction Industry
For the Construction industry and Industrials sector, Afry AB's ROE % distribution charts can be found below:
* The bar in red indicates where Afry AB'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.
Afry AB (CHIX:AFRYS) has a ROE % of 7.44% 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 Afry AB and its competitors. This is 27% below median its historical median of 10.19. Over the past decade, Afry AB's ROE % has ranged from 6.19 to 16.31. According to the industry distribution chart, Afry AB ranks #917 out of 1743 companies in the Construction industry, placing it in the top 52.6%.
Is Afry AB's ROE % too high?
Afry AB's current ROE % of 7.44% is 27% below median its 10-year median of 10.19. Over the past 10 years, this metric has ranged from a low of 6.19 to a high of 16.31. The Construction industry median ROE % is 6.69. Afry AB's value of 7.44% is 11.2% above this industry median. Based on the distribution chart, Afry AB ranks #917 out of 1743 companies in the Construction industry, which is below the industry midpoint. Overall, Afry AB has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Afry AB's ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, Afry AB ranks #917 out of 1743 companies for ROE %. This places Afry AB in the lower half of its industry. The industry median ROE % is 6.69. Afry AB's value of 7.44% is 11.2% above this benchmark. Historically, Afry AB's own ROE % has ranged from 6.19 to 16.31 over the past decade. While the company's 10-year median is 10.19 vs. the industry median of 6.69, Afry AB 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 Construction company?
The median ROE % among Construction companies is 6.69, based on 1,743 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. Afry AB's current ROE % of 7.44% is 11.2% 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 Afry AB and its competitors. For the Construction industry, the median ROE % is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afry AB's current ROE % is 7.44%, which is 27% below median its own 10-year median of 10.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afry AB stock overvalued right now?
Based on GuruFocus' analysis, Afry AB (CHIX:AFRYS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr150.96, compared to a current price of kr112.50 — trading 25.5% below its estimated fair value. The current ROE % is 7.44%, which is 27% below median its 10-year median of 10.19 and 11.2% above the Construction industry median of 6.69. Afry AB's overall GF Score™ is 70/100 with 4 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 Afry AB (CHIX:AFRYS), the current ROE % is 7.44% 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 Afry AB (CHIX:AFRYS) Overvalued in 2026?
Based on GuruFocus' analysis, Afry AB stock appears to be undervalued.
The current stock price of kr112.50 is trading 25.5% below its estimated GF Value™ of kr150.96.
GuruFocus considers Afry AB to be Modestly Undervalued.
Key valuation signals for CHIX:AFRYS:
ROE %: 7.44% (27% below median its 10-year median of 10.19)
GF Value™: kr150.96 vs. price of kr112.50 (25.5% below fair value)
Industry Position: 11.2% above the Construction median (#917 of 1743)
No single metric tells the full story. See the CHIX:AFRYS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Afry AB is an engineering and consulting firm with projects in energy, industrial, and infrastructure markets. The business divisions of the company includes Hydro, Nuclear, Thermal, Transmission & Distribution, Renewables & Energy Storage, and Management Consulting. It constructs plants and provides market analysis for power generation, manufacturing facilities, and refining chemicals.
70GF Score
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