ELIAF (Elia Group/NV) ROE %: 7.61% (As of Dec. 2025) — Near Median


ELIAF Elia Group SA/NV ELIAF
83 GF Score
Price $154.75
GF Value $103.87
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Elia Group/NV ROE %?

Elia Group/NV ELIAF 83 ROE % is 7.61% as of Dec. 2025, which is 4% above its 10-year median of 7.32. GuruFocus rates ELIAF with a GF Score™ of 83/100 and a GF Value™ of $103.87 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 503 Utilities - Regulated companies, Elia Group/NV ranks worse than 53.48% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Elia Group/NV's annualized net income for the quarter that ended in Dec. 2025 was $707 Mil. Elia Group/NV's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was $9,285 Mil. Therefore, Elia Group/NV's annualized ROE % for the quarter that ended in Dec. 2025 was 7.61%.

The historical rank and industry rank for Elia Group/NV's ROE % or its related term are showing as below:

ELIAF' s ROE % Range Over the Past 10 Years
Min: 6.57   Med: 7.32   Max: 9.36
Current: 8.16

During the past 13 years, Elia Group/NV's highest ROE % was 9.36%. The lowest was 6.57%. And the median was 7.32%.

ELIAF's ROE % is ranked worse than
53.48% of 503 companies
in the Utilities - Regulated industry
Industry Median: 8.62 vs ELIAF: 8.16

Elia Group/NV  (OTCPK:ELIAF) 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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=706.792/9284.583
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(706.792 / 5315.69)*(5315.69 / 35472.0195)*(35472.0195 / 9284.583)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.3 %*0.1499*3.8205
=ROA %*Equity Multiplier
=1.99 %*3.8205
=7.61 %

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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=706.792/9284.583
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (706.792 / 954.566) * (954.566 / 1198.594) * (1198.594 / 5315.69) * (5315.69 / 35472.0195) * (35472.0195 / 9284.583)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7404 * 0.7964 * 22.55 % * 0.1499 * 3.8205
=7.61 %

Note: The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.


Elia Group/NV ROE % Related Terms


Elia Group/NV ROE % Historical Data

* Premium members only.

The historical data trend for Elia Group/NV'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.

Elia Group/NV ROE % Chart

Elia Group/NV 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 6.53 7.10 6.93 8.30 8.93

Elia Group/NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 6.96 7.55 9.30 8.83 7.61

ELIAF vs NEE, SO, DUK: ROE % Comparison

For the Utilities - Regulated Electric subindustry, Elia Group/NV'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.


Elia Group/NV ROE % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Elia Group/NV's ROE % distribution charts can be found below:

* The bar in red indicates where Elia Group/NV's ROE % falls into.


ELIAF
83GF Score
Elia Group SA/NV ELIAF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Elia Group/NV ROE % Calculation

Elia Group/NV'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 )
=686.066/( (5818.01+9543.56)/ 2 )
=686.066/7680.785
=8.93 %

Elia Group/NV's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=706.792/( (9025.606+9543.56)/ 2 )
=706.792/9284.583
=7.61 %

* 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 two times the semi-annual (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 7.61% mean?
Elia Group/NV (ELIAF) has a ROE % of 7.61% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Elia Group/NV and its competitors. This is near median its historical median of 7.32. Over the past decade, Elia Group/NV's ROE % has ranged from 6.57 to 9.36. According to the industry distribution chart, Elia Group/NV ranks #269 out of 503 companies in the Utilities - Regulated industry, placing it in the top 53.5%.
Is Elia Group/NV's ROE % too high?
Elia Group/NV's current ROE % of 7.61% is near median its 10-year median of 7.32. Over the past 10 years, this metric has ranged from a low of 6.57 to a high of 9.36. The Utilities - Regulated industry median ROE % is 8.62. Elia Group/NV's value of 7.61% is 11.7% below this industry median. Based on the distribution chart, Elia Group/NV ranks #269 out of 503 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Elia Group/NV has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elia Group/NV's ROE % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Elia Group/NV ranks #269 out of 503 companies for ROE %. This places Elia Group/NV in the lower half of its industry. The industry median ROE % is 8.62. Elia Group/NV's value of 7.61% is 11.7% below this benchmark. Historically, Elia Group/NV's own ROE % has ranged from 6.57 to 9.36 over the past decade. While the company's 10-year median is 7.32 vs. the industry median of 8.62, Elia Group/NV has consistently been below 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 Utilities - Regulated company?
The median ROE % among Utilities - Regulated companies is 8.62, based on 503 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. Elia Group/NV's current ROE % of 7.61% is 11.7% below 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 Elia Group/NV and its competitors. For the Utilities - Regulated industry, the median ROE % is 8.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elia Group/NV's current ROE % is 7.61%, which is near median its own 10-year median of 7.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elia Group/NV stock overvalued right now?
Based on GuruFocus' analysis, Elia Group/NV (ELIAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $103.87, compared to a current price of $154.75 — trading 49% above its estimated fair value. The current ROE % is 7.61%, which is near median its 10-year median of 7.32 and 11.7% below the Utilities - Regulated industry median of 8.62. Elia Group/NV's overall GF Score™ is 83/100 with 11 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 Elia Group/NV (ELIAF), the current ROE % is 7.61% as of Dec. 2025. 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 Elia Group/NV (ELIAF) Overvalued in 2026?

Based on GuruFocus' analysis, Elia Group/NV stock appears to be overvalued. The current stock price of $154.75 is trading 49% above its estimated GF Value™ of $103.87. GuruFocus considers Elia Group/NV to be Significantly Overvalued.

Key valuation signals for ELIAF:

  • ROE %: 7.61% (near median its 10-year median of 7.32)
  • GF Value™: $103.87 vs. price of $154.75 (49% above fair value)
  • GF Score™: 83/100 with 11 warning signs
  • Industry Position: 11.7% below the Utilities - Regulated median (#269 of 503)

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


Elia Group/NV Business Description

Address 20 Boulevard de l’Empereur, Brussels, BEL, 1000
Elia Group SA/NV is a utility company that owns and develops electric grids in Central Europe. Elia maintains and operates high-voltage equipment and infrastructure projects, such as power lines, cables, and transformers. The company mainly generates revenue by serving as the electricity transmission system operator in both Germany and Belgium, where it provides electric grid usage. These countries also house many of the firm's energy infrastructure investments. Elia's operating segments are: 50Hertz Transmission Germany, which derives maximum revenue, Elia Transmission Belgium, and Non-regulated activities and Nemo Link. Geographically, it generates maximum revenue from Germany, and the rest from Belgium, Other EU countries, North America, and Asia and Africa.
83GF Score

Get the complete analysis for ELIAF

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

$154.75
Price
$103.87
GF Value