Gronlandsbanken AS (CHIX:GRLAC) ROE %: 16.21% (As of Mar. 2026) — 46% Above Median


CHIX:GRLAC Gronlandsbanken AS CHIX:GRLAC
54 GF Score
Price kr590.00
GF Value kr384.56
! 4 Warning Signs
View Full Analysis

What is Gronlandsbanken AS ROE %?

Gronlandsbanken AS CHIX:GRLAC 54 ROE % is 16.21% as of Mar. 2026, which is 46% above its 10-year median of 11.10. GuruFocus rates CHIX:GRLAC with a GF Score™ of 54/100 and a GF Value™ of kr384.56. The stock has 4 warning signs investors should review. Among 1,524 Banks companies, Gronlandsbanken AS ranks better than 55.97% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Gronlandsbanken AS's annualized net income for the quarter that ended in Mar. 2026 was kr252.8 Mil. Gronlandsbanken AS's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was kr1,559.2 Mil. Therefore, Gronlandsbanken AS's annualized ROE % for the quarter that ended in Mar. 2026 was 16.21%.

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

CHIX:GRLAc' s ROE % Range Over the Past 10 Years
Min: 7.64   Med: 11.1   Max: 13.75
Current: 11.03

During the past 13 years, Gronlandsbanken AS's highest ROE % was 13.75%. The lowest was 7.64%. And the median was 11.10%.

CHIX:GRLAc's ROE % is ranked better than
55.97% of 1524 companies
in the Banks industry
Industry Median: 10.22 vs CHIX:GRLAc: 11.03

Gronlandsbanken AS  (CHIX:GRLAc) 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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=252.824/1559.224
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(252.824 / 431.524)*(431.524 / 11211.638)*(11211.638 / 1559.224)
=Net Margin %*Asset Turnover*Equity Multiplier
=58.59 %*0.0385*7.1905
=ROA %*Equity Multiplier
=2.26 %*7.1905
=16.21 %

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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=252.824/1559.224
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (252.824 / 145.096) * (145.096 / 431.524) * (431.524 / 11211.638) * (11211.638 / 1559.224)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1.7425 * 33.62 % * 0.0385 * 7.1905
=16.21 %

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.


Gronlandsbanken AS ROE % Related Terms


Gronlandsbanken AS ROE % Historical Data

* Premium members only.

The historical data trend for Gronlandsbanken AS'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.

Gronlandsbanken AS ROE % Chart

Gronlandsbanken AS 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 10.87 7.64 13.75 13.60 11.33

Gronlandsbanken AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 19.28 9.03 9.34 9.24 16.21

Gronlandsbanken AS ROE % Competitor Comparison

For the Banks - Regional subindustry, Gronlandsbanken AS'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.


Gronlandsbanken AS ROE % vs Banks Industry

For the Banks industry and Financial Services sector, Gronlandsbanken AS's ROE % distribution charts can be found below:

* The bar in red indicates where Gronlandsbanken AS's ROE % falls into.


CHIX:GRLAC
54GF Score
Gronlandsbanken AS CHIX:GRLAC
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gronlandsbanken AS ROE % Calculation

Gronlandsbanken AS'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 )
=180.853/( (1593.622+1599.024)/ 2 )
=180.853/1596.323
=11.33 %

Gronlandsbanken AS's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=252.824/( (1599.024+1519.424)/ 2 )
=252.824/1559.224
=16.21 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 16.21% mean?
Gronlandsbanken AS (CHIX:GRLAC) has a ROE % of 16.21% 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 Gronlandsbanken AS and its competitors. This is 46% above median its historical median of 11.10. Over the past decade, Gronlandsbanken AS's ROE % has ranged from 7.64 to 13.75. According to the industry distribution chart, Gronlandsbanken AS ranks #671 out of 1524 companies in the Banks industry, placing it in the top 44%.
Is Gronlandsbanken AS's ROE % too high?
Gronlandsbanken AS's current ROE % of 16.21% is 46% above median its 10-year median of 11.10. Over the past 10 years, this metric has ranged from a low of 7.64 to a high of 13.75. The Banks industry median ROE % is 10.22. Gronlandsbanken AS's value of 16.21% is 58.6% above this industry median. Based on the distribution chart, Gronlandsbanken AS ranks #671 out of 1524 companies in the Banks industry, which is above the industry midpoint. Overall, Gronlandsbanken AS has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Gronlandsbanken AS's ROE % compare to competitors?
According to the Banks industry distribution chart, Gronlandsbanken AS ranks #671 out of 1524 companies for ROE %. This puts Gronlandsbanken AS in the upper half of its industry. The industry median ROE % is 10.22. Gronlandsbanken AS's value of 16.21% is 58.6% above this benchmark. Historically, Gronlandsbanken AS's own ROE % has ranged from 7.64 to 13.75 over the past decade. While the company's 10-year median is 11.10 vs. the industry median of 10.22, Gronlandsbanken AS 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. Gronlandsbanken AS's current ROE % of 16.21% is 58.6% 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 Gronlandsbanken AS 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. Gronlandsbanken AS's current ROE % is 16.21%, which is 46% above median its own 10-year median of 11.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gronlandsbanken AS stock overvalued right now?
Gronlandsbanken AS (CHIX:GRLAC) has a current ROE % of 16.21%. The stock's GF Value™ is kr384.56, compared to a current price of kr590.00 — trading 53.4% above its estimated fair value. The current ROE % is 16.21%, which is 46% above median its 10-year median of 11.10 and 58.6% above the Banks industry median of 10.22. Gronlandsbanken AS's overall GF Score™ is 54/100 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 Gronlandsbanken AS (CHIX:GRLAC), the current ROE % is 16.21% 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 Gronlandsbanken AS (CHIX:GRLAC) Overvalued in 2026?

Based on GuruFocus' analysis, Gronlandsbanken AS stock appears to be overvalued. The current stock price of kr590.00 is trading 53.4% above its estimated GF Value™ of kr384.56.

Key valuation signals for CHIX:GRLAC:

  • ROE %: 16.21% (46% above median its 10-year median of 11.10)
  • GF Value™: kr384.56 vs. price of kr590.00 (53.4% above fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 58.6% above the Banks median (#671 of 1524)

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


Gronlandsbanken AS Business Description

Other Exchanges 0OGV:UKGRLA:Denmark
Address Imaneq 33, Post Box 1033, Nuuk, GRL, 3900
Gronlandsbanken AS is a Greenland-based bank engaged in consultancy and financial services in Greenland. The bank's products and services are provided to private customers and commercial enterprises. The company offers home banking, mortgage loans, savings accounts, pension funds, insurance, payment transfers, and investment advisory services. It also operates an electronic banking platform, named Netbank, which enables access to a range of facilities, such as payments, transfers, and invoices.
54GF Score

Get the complete analysis for CHIX:GRLAC

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

kr590.00
Price
kr384.56
GF Value