Avanza Bank Holding ABCHIX:AZAS 84 ROE % is 35.32% as of Mar. 2026, which is 1% below its 10-year median of 35.64. GuruFocus rates CHIX:AZAS with a GF Score™ of 84/100 and a GF Value™ of kr351.28 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,524 Banks companies, Avanza Bank Holding AB ranks better than 98.49% on this metric.
The historical rank and industry rank for Avanza Bank Holding AB's ROE % or its related term are showing as below:
CHIX:AZAs'
s ROE % Range Over the Past 10 Years
Min: 22.95 Med: 35.64 Max: 52.18
Current: 35.23
During the past 13 years, Avanza Bank Holding AB's highest ROE % was 52.18%. The lowest was 22.95%. And the median was 35.64%.
CHIX:AZAs's ROE % is ranked better than 98.49% of 1524
companies
in the Banks industry
Industry Median: 10.22
vs CHIX:AZAs: 35.23
Avanza Bank Holding AB (CHIX:AZAs) 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.
* 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 Banks - Regional subindustry, Avanza Bank Holding 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.
Avanza Bank Holding AB ROE % vs Banks Industry
For the Banks industry and Financial Services sector, Avanza Bank Holding AB's ROE % distribution charts can be found below:
* The bar in red indicates where Avanza Bank Holding 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.
Avanza Bank Holding AB (CHIX:AZAS) has a ROE % of 35.32% 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 Avanza Bank Holding AB and its competitors. This is near median its historical median of 35.64. Over the past decade, Avanza Bank Holding AB's ROE % has ranged from 22.95 to 52.18. According to the industry distribution chart, Avanza Bank Holding AB ranks #23 out of 1524 companies in the Banks industry, placing it in the top 1.5%.
Is Avanza Bank Holding AB's ROE % too high?
Avanza Bank Holding AB's current ROE % of 35.32% is near median its 10-year median of 35.64. Over the past 10 years, this metric has ranged from a low of 22.95 to a high of 52.18. The Banks industry median ROE % is 10.22. Avanza Bank Holding AB's value of 35.32% is 245.6% above this industry median. Based on the distribution chart, Avanza Bank Holding AB ranks #23 out of 1524 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Avanza Bank Holding AB has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Avanza Bank Holding AB's ROE % compare to PNC and USB?
According to the Banks industry distribution chart, Avanza Bank Holding AB ranks #23 out of 1524 companies for ROE %. This places Avanza Bank Holding AB in the top 2% of its industry — outperforming the majority of peers. The industry median ROE % is 10.22. Avanza Bank Holding AB's value of 35.32% is 245.6% above this benchmark. Historically, Avanza Bank Holding AB's own ROE % has ranged from 22.95 to 52.18 over the past decade. While the company's 10-year median is 35.64 vs. the industry median of 10.22, Avanza Bank Holding 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 Banks company?
The median ROE % among Banks companies is 10.22, based on 1,524 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. Avanza Bank Holding AB's current ROE % of 35.32% is 245.6% 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 Avanza Bank Holding AB and its competitors. For the Banks industry, the median ROE % is 10.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avanza Bank Holding AB's current ROE % is 35.32%, which is near median its own 10-year median of 35.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avanza Bank Holding AB stock overvalued right now?
Based on GuruFocus' analysis, Avanza Bank Holding AB (CHIX:AZAS) is currently considered Fairly Valued. The stock's GF Value™ is kr351.28, compared to a current price of kr378.45 — trading 7.7% above its estimated fair value. The current ROE % is 35.32%, which is near median its 10-year median of 35.64 and 245.6% above the Banks industry median of 10.22. Avanza Bank Holding AB's overall GF Score™ is 84/100 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 Avanza Bank Holding AB (CHIX:AZAS), the current ROE % is 35.32% 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 Avanza Bank Holding AB (CHIX:AZAS) Overvalued in 2026?
Based on GuruFocus' analysis, Avanza Bank Holding AB stock appears to be overvalued.
The current stock price of kr378.45 is trading 7.7% above its estimated GF Value™ of kr351.28.
GuruFocus considers Avanza Bank Holding AB to be Fairly Valued.
Key valuation signals for CHIX:AZAS:
ROE %: 35.32% (near median its 10-year median of 35.64)
GF Value™: kr351.28 vs. price of kr378.45 (7.7% above fair value)
Industry Position: 245.6% above the Banks median (#23 of 1524)
No single metric tells the full story. See the CHIX:AZAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Avanza Bank Holding AB operates a platform for savings and investments. It offers a range of savings products, competitive occupational pension solutions, margin lending and mortgages. Customers are offered to save in Swedish and foreign securities and in savings accounts at very low fees and at competitive rates. The company serves individual investors, professional traders and corporate customers, such as entrepreneurs, asset managers and firms that want occupational pensions for their employees.
84GF Score
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