NORMA Group SECHIX:NOEJD 70 ROE % is 172.99% as of Mar. 2026, which is 2270% above its 10-year median of 7.30. GuruFocus rates CHIX:NOEJD with a GF Score™ of 70/100 and a GF Value™ of €11.01. The stock has 6 warning signs investors should review. Among 3,004 Industrial Products companies, NORMA Group SE ranks better than 97.07% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. NORMA Group SE's annualized net income for the quarter that ended in Mar. 2026 was €1,241.3 Mil. NORMA Group SE's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €717.5 Mil. Therefore, NORMA Group SE's annualized ROE % for the quarter that ended in Mar. 2026 was 172.99%.
The historical rank and industry rank for NORMA Group SE's ROE % or its related term are showing as below:
CHIX:NOEJd'
s ROE % Range Over the Past 10 Years
Min: -12.73 Med: 7.3 Max: 34.55
Current: 34.55
During the past 13 years, NORMA Group SE's highest ROE % was 34.55%. The lowest was -12.73%. And the median was 7.30%.
CHIX:NOEJd's ROE % is ranked better than 97.07% of 3004
companies
in the Industrial Products industry
Industry Median: 5.865
vs CHIX:NOEJd: 34.55
NORMA Group SE (CHIX:NOEJd) 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.
NORMA Group SE ROE % Related Terms
NORMA Group SE ROE % Historical Data
* Premium members only.
The historical data trend for NORMA Group SE'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 Metal Fabrication subindustry, NORMA Group SE'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.
NORMA Group SE ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NORMA Group SE's ROE % distribution charts can be found below:
* The bar in red indicates where NORMA Group SE'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.
NORMA Group SE (CHIX:NOEJD) has a ROE % of 172.99% 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 NORMA Group SE and its competitors. This is 2270% above median its historical median of 7.30. According to the industry distribution chart, NORMA Group SE ranks #88 out of 3004 companies in the Industrial Products industry, placing it in the top 2.9%.
Is NORMA Group SE's ROE % too high?
NORMA Group SE's current ROE % of 172.99% is 2270% above median its 10-year median of 7.30. The Industrial Products industry median ROE % is 5.87. NORMA Group SE's value of 172.99% is 2849.5% above this industry median. Based on the distribution chart, NORMA Group SE ranks #88 out of 3004 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, NORMA Group SE has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does NORMA Group SE's ROE % compare to ATI and CRS?
According to the Industrial Products industry distribution chart, NORMA Group SE ranks #88 out of 3004 companies for ROE %. This places NORMA Group SE in the top 3% of its industry — outperforming the majority of peers. The industry median ROE % is 5.87. NORMA Group SE's value of 172.99% is 2849.5% above this benchmark. While the company's 10-year median is 7.30 vs. the industry median of 5.87, NORMA Group SE 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 an Industrial Products company?
The median ROE % among Industrial Products companies is 5.87, based on 3,004 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. NORMA Group SE's current ROE % of 172.99% is 2849.5% 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 NORMA Group SE and its competitors. For the Industrial Products industry, the median ROE % is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NORMA Group SE's current ROE % is 172.99%, which is 2270% above median its own 10-year median of 7.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NORMA Group SE stock overvalued right now?
NORMA Group SE (CHIX:NOEJD) has a current ROE % of 172.99%. The stock's GF Value™ is €11.01, compared to a current price of €14.68 — trading 33.3% above its estimated fair value. The current ROE % is 172.99%, which is 2270% above median its 10-year median of 7.30 and 2849.5% above the Industrial Products industry median of 5.87. NORMA Group SE's overall GF Score™ is 70/100 with 6 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 NORMA Group SE (CHIX:NOEJD), the current ROE % is 172.99% 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 NORMA Group SE (CHIX:NOEJD) Overvalued in 2026?
Based on GuruFocus' analysis, NORMA Group SE stock appears to be overvalued.
The current stock price of €14.68 is trading 33.3% above its estimated GF Value™ of €11.01.
Key valuation signals for CHIX:NOEJD:
ROE %: 172.99% (2270% above median its 10-year median of 7.30)
GF Value™: €11.01 vs. price of €14.68 (33.3% above fair value)
Industry Position: 2849.5% above the Industrial Products median (#88 of 3004)
No single metric tells the full story. See the CHIX:NOEJD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NORMA Group SE manufactures a wide range of joining technology solutions. Its product offerings include hose clamps, heavy-duty clamps, ear clips, cable ties, pipe couplings, plast connectors, etc. The products are used in various industries and can be found in vehicles, household appliances, engines, plumbing systems, and medical fields. The company's operations are managed in three regional reportable segments: EMEA (Europe, Middle East, Africa), the Americas (North, Central, and South America), and Asia-Pacific (East Asia, Southeast Asia, Australia, and Oceania). The majority of its revenue is generated from the EMEA region.
70GF Score
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