Cirsa Enterprises (CHIX:CIRSAE) ROE %: 18.09% (As of Jun. 2026) — 28% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:CIRSAE Cirsa Enterprises SA CHIX:CIRSAE
10 GF Score
Price €19.83
! 8 Warning Signs
View Full Analysis

What is Cirsa Enterprises ROE %?

Cirsa Enterprises CHIX:CIRSAE +1.59% 10 ROE % is 18.09% as of Jun. 2026, which is 28% below its 10-year median of 25.06. GuruFocus rates CHIX:CIRSAE with a GF Score™ of 10/100. The stock has 8 warning signs investors should review. Among 816 Travel & Leisure companies, Cirsa Enterprises ranks better than 78.06% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Cirsa Enterprises's annualized net income for the quarter that ended in Jun. 2026 was €139 Mil. Cirsa Enterprises's average Total Stockholders Equity over the quarter that ended in Jun. 2026 was €768 Mil. Therefore, Cirsa Enterprises's annualized ROE % for the quarter that ended in Jun. 2026 was 18.09%.

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

CHIX:CIRSAe' s ROE % Range Over the Past 10 Years
Min: 6.34   Med: 25.06   Max: 31.9
Current: 16.01

During the past 4 years, Cirsa Enterprises's highest ROE % was 31.90%. The lowest was 6.34%. And the median was 25.06%.

CHIX:CIRSAe's ROE % is ranked better than
78.06% of 816 companies
in the Travel & Leisure industry
Industry Median: 5.795 vs CHIX:CIRSAe: 16.01

Cirsa Enterprises  (CHIX:CIRSAe) 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: Jun. 2026 )
=Net Income/Total Stockholders Equity
=138.856/767.7025
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(138.856 / 2549.044)*(2549.044 / 3936.079)*(3936.079 / 767.7025)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.45 %*0.6476*5.1271
=ROA %*Equity Multiplier
=3.53 %*5.1271
=18.09 %

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: Jun. 2026 )
=Net Income/Total Stockholders Equity
=138.856/767.7025
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (138.856 / 276.008) * (276.008 / 569.276) * (569.276 / 2549.044) * (2549.044 / 3936.079) * (3936.079 / 767.7025)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5031 * 0.4848 * 22.33 % * 0.6476 * 5.1271
=18.09 %

Note: The net income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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.


Cirsa Enterprises ROE % Related Terms


Cirsa Enterprises ROE % Historical Data

* Premium members only.

The historical data trend for Cirsa Enterprises'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.

Cirsa Enterprises ROE % Chart

Cirsa Enterprises Annual Data
Trend Dec22 Dec23 Dec24 Dec25
ROE %
31.58 31.90 6.34 18.53

Cirsa Enterprises Quarterly Data
Dec22 Dec23 Mar24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 89.23 -6.33 33.43 18.63 18.09

CHIX:CIRSAE vs LVS, MGM, WYNN: ROE % Comparison

For the Resorts & Casinos subindustry, Cirsa Enterprises'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.


Cirsa Enterprises ROE % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Cirsa Enterprises's ROE % distribution charts can be found below:

* The bar in red indicates where Cirsa Enterprises's ROE % falls into.


CHIX:CIRSAE
10GF Score
Cirsa Enterprises SA CHIX:CIRSAE
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cirsa Enterprises ROE % Calculation

Cirsa Enterprises'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 )
=72.937/( (75.709+711.419)/ 2 )
=72.937/393.564
=18.53 %

Cirsa Enterprises's annualized ROE % for the quarter that ended in Jun. 2026 is calculated as

ROE %=Net Income (Q: Jun. 2026 )/( (Total Stockholders Equity (Q: Mar. 2026 )+Total Stockholders Equity (Q: Jun. 2026 ))/ count )
=138.856/( (774.611+760.794)/ 2 )
=138.856/767.7025
=18.09 %

* 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 (Jun. 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 18.09% mean?
Cirsa Enterprises (CHIX:CIRSAE) has a ROE % of 18.09% as of Jun. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Cirsa Enterprises and its competitors. This is 28% below median its historical median of 25.06. Over the past decade, Cirsa Enterprises' ROE % has ranged from 6.34 to 31.90. According to the industry distribution chart, Cirsa Enterprises ranks #179 out of 816 companies in the Travel & Leisure industry, placing it in the top 21.9%.
Is Cirsa Enterprises' ROE % too high?
Cirsa Enterprises' current ROE % of 18.09% is 28% below median its 10-year median of 25.06. Over the past 10 years, this metric has ranged from a low of 6.34 to a high of 31.90. The Travel & Leisure industry median ROE % is 5.80. Cirsa Enterprises' value of 18.09% is 212.2% above this industry median. Based on the distribution chart, Cirsa Enterprises ranks #179 out of 816 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Cirsa Enterprises has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Cirsa Enterprises' ROE % compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Cirsa Enterprises ranks #179 out of 816 companies for ROE %. This places Cirsa Enterprises in the top 22% of its industry — outperforming the majority of peers. The industry median ROE % is 5.80. Cirsa Enterprises' value of 18.09% is 212.2% above this benchmark. Historically, Cirsa Enterprises' own ROE % has ranged from 6.34 to 31.90 over the past decade. While the company's 10-year median is 25.06 vs. the industry median of 5.80, Cirsa Enterprises 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 Travel & Leisure company?
The median ROE % among Travel & Leisure companies is 5.80, based on 816 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. Cirsa Enterprises's current ROE % of 18.09% is 212.2% 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 Cirsa Enterprises and its competitors. For the Travel & Leisure industry, the median ROE % is 5.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cirsa Enterprises's current ROE % is 18.09%, which is 28% below median its own 10-year median of 25.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cirsa Enterprises stock overvalued right now?
Cirsa Enterprises (CHIX:CIRSAE) has a current ROE % of 18.09%. The current ROE % is 18.09%, which is 28% below median its 10-year median of 25.06 and 212.2% above the Travel & Leisure industry median of 5.80. Cirsa Enterprises' overall GF Score™ is 10/100 with 8 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 Cirsa Enterprises (CHIX:CIRSAE), the current ROE % is 18.09% as of Jun. 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.

Cirsa Enterprises Business Description

Other Exchanges CIRSA:SpainY7O:Germany
Address Carretera de Castellar, number 298, Terrassa, ESP, 08226
Cirsa Enterprises SA consists of a group of companies operating in the gaming and leisure sector. Its activities include the design, manufacture, and marketing of slot machines sold to both Group companies and third parties, the development of interactive gaming mechanisms and systems, the operation of slot machines, casinos, and bingo halls in Spain and abroad, and the marketing and operation of bets in own and third-party premises, as well as online sports betting in Spain and abroad. Its business areas include Casinos, Gaming Rooms, Arcade Machines, and Online Betting and Gaming. The business segments are: Casinos, Slots Spain, Slots Italy, and Online Games and Bets. Maximum revenue is generated from the Casinos segment. The Group generates maximum revenue from Spain and Portugal.
10GF Score

Get the complete analysis for CHIX:CIRSAE

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

€19.83
Price