FHELF (First Helium) ROE %: -15.45% (As of Dec. 2025)


What is First Helium ROE %?

First Helium FHELF -8.89% ROE % is -15.45% as of Dec. 2025. The stock has 2 warning signs investors should review. Among 1,590 Chemicals companies, First Helium ranks worse than 95.53% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. First Helium's annualized net income for the quarter that ended in Dec. 2025 was $-1.28 Mil. First Helium's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was $8.26 Mil. Therefore, First Helium's annualized ROE % for the quarter that ended in Dec. 2025 was -15.45%.

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

FHELF' s ROE % Range Over the Past 10 Years
Min: -84.46   Med: -33.79   Max: -3.25
Current: -48.69

During the past 6 years, First Helium's highest ROE % was -3.25%. The lowest was -84.46%. And the median was -33.79%.

FHELF's ROE % is ranked worse than
95.53% of 1590 companies
in the Chemicals industry
Industry Median: 5.195 vs FHELF: -48.69

First Helium  (OTCPK:FHELF) 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
=-1.276/8.257
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.276 / 0)*(0 / 11.3185)*(11.3185 / 8.257)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.3708
=ROA %*Equity Multiplier
=N/A %*1.3708
=-15.45 %

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
=-1.276/8.257
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1.276 / -1.276) * (-1.276 / -1.268) * (-1.268 / 0) * (0 / 11.3185) * (11.3185 / 8.257)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.0063 * N/A % * 0 * 1.3708
=-15.45 %

Note: The net income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (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.


First Helium ROE % Related Terms


First Helium ROE % Historical Data

* Premium members only.

The historical data trend for First Helium'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.

First Helium ROE % Chart

First Helium Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
ROE %
Get a 7-Day Free Trial -8.39 -3.24 -42.81 -23.02 -51.93

First Helium Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 -15.43 -135.45 -15.79 -14.92 -15.45

FHELF vs DOW: ROE % Comparison

For the Chemicals subindustry, First Helium'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.


First Helium ROE % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, First Helium's ROE % distribution charts can be found below:

* The bar in red indicates where First Helium's ROE % falls into.



First Helium ROE % Calculation

First Helium's annualized ROE % for the fiscal year that ended in Mar. 2025 is calculated as

ROE %=Net Income (A: Mar. 2025 )/( (Total Stockholders Equity (A: Mar. 2024 )+Total Stockholders Equity (A: Mar. 2025 ))/ count )
=-4.699/( (10.072+8.025)/ 2 )
=-4.699/9.0485
=-51.93 %

First Helium's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=-1.276/( (8.383+8.131)/ 2 )
=-1.276/8.257
=-15.45 %

* 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 (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 -15.45% mean?
First Helium (FHELF) has a ROE % of -15.45% 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 First Helium and its competitors. According to the industry distribution chart, First Helium ranks #1519 out of 1590 companies in the Chemicals industry, placing it in the top 95.5%.
Is First Helium's ROE % too high?
First Helium's current ROE % is -15.45%. Based on the distribution chart, First Helium ranks #1519 out of 1590 companies in the Chemicals industry, which is in the bottom quartile relative to peers.
How does First Helium's ROE % compare to DOW?
According to the Chemicals industry distribution chart, First Helium ranks #1519 out of 1590 companies for ROE %. This places First Helium in the lower half of its industry. The industry median ROE % is 5.20. 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 Chemicals company?
The median ROE % among Chemicals companies is 5.20, based on 1,590 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. 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 First Helium and its competitors. For the Chemicals industry, the median ROE % is 5.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Helium's current ROE % is -15.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Helium stock overvalued right now?
First Helium (FHELF) has a current ROE % of -15.45%. The current ROE % is -15.45%. 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 First Helium (FHELF), the current ROE % is -15.45% 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.

First Helium Business Description

Other Exchanges 2MC:GermanyHELI:Canada
Address 800 West Pender Street, Suite 550, Vancouver, BC, CAN, V6C 2V6
First Helium Inc is a Canadian company. The business is engaged in exploration, development, and production of helium across western Canada to meet growing demand in the high-tech international market. The company also produces Petroleum and natural gas as part of its operations. Its project includes the Worsley projects, such as Worsley Oil and Worsley Helium.