Golden Agri-Resources (FRA:4G3A) ROE %: 8.96% (As of Dec. 2025) — 51% Above Median


FRA:4G3A Golden Agri-Resources Ltd FRA:4G3A
54 GF Score
Price €0.16
GF Value €0.16
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Golden Agri-Resources ROE %?

Golden Agri-Resources FRA:4G3A +1.86% 54 ROE % is 8.96% as of Dec. 2025, which is 51% above its 10-year median of 5.93. GuruFocus rates FRA:4G3A with a GF Score™ of 54/100 and a GF Value™ of €0.16 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,913 Consumer Packaged Goods companies, Golden Agri-Resources ranks better than 53.27% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Golden Agri-Resources's annualized net income for the quarter that ended in Dec. 2025 was €410 Mil. Golden Agri-Resources's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €4,574 Mil. Therefore, Golden Agri-Resources's annualized ROE % for the quarter that ended in Dec. 2025 was 8.96%.

The historical rank and industry rank for Golden Agri-Resources's ROE % or its related term are showing as below:

FRA:4G3A' s ROE % Range Over the Past 10 Years
Min: -0.04   Med: 5.93   Max: 16.09
Current: 7.51

During the past 13 years, Golden Agri-Resources's highest ROE % was 16.09%. The lowest was -0.04%. And the median was 5.93%.

FRA:4G3A's ROE % is ranked better than
53.27% of 1913 companies
in the Consumer Packaged Goods industry
Industry Median: 6.71 vs FRA:4G3A: 7.51

Golden Agri-Resources  (FRA:4G3A) 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
=409.816/4573.653
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(409.816 / 11613.642)*(11613.642 / 9177.7365)*(9177.7365 / 4573.653)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.53 %*1.2654*2.0067
=ROA %*Equity Multiplier
=4.47 %*2.0067
=8.96 %

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
=409.816/4573.653
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (409.816 / 704.93) * (704.93 / 780.24) * (780.24 / 11613.642) * (11613.642 / 9177.7365) * (9177.7365 / 4573.653)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5814 * 0.9035 * 6.72 % * 1.2654 * 2.0067
=8.96 %

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.


Golden Agri-Resources ROE % Related Terms


Golden Agri-Resources ROE % Historical Data

* Premium members only.

The historical data trend for Golden Agri-Resources'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.

Golden Agri-Resources ROE % Chart

Golden Agri-Resources 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 11.05 16.66 3.92 7.42 7.20

Golden Agri-Resources 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 0.61 4.18 10.58 5.92 8.96

FRA:4G3A vs ADM, BG, TSN: ROE % Comparison

For the Farm Products subindustry, Golden Agri-Resources'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.


Golden Agri-Resources ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Golden Agri-Resources's ROE % distribution charts can be found below:

* The bar in red indicates where Golden Agri-Resources's ROE % falls into.


FRA:4G3A
54GF Score
Golden Agri-Resources Ltd FRA:4G3A
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golden Agri-Resources ROE % Calculation

Golden Agri-Resources'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 )
=341.769/( (4872.593+4624.464)/ 2 )
=341.769/4748.5285
=7.20 %

Golden Agri-Resources'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 )
=409.816/( (4522.842+4624.464)/ 2 )
=409.816/4573.653
=8.96 %

* 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 8.96% mean?
Golden Agri-Resources (FRA:4G3A) has a ROE % of 8.96% 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 Golden Agri-Resources and its competitors. This is 51% above median its historical median of 5.93. According to the industry distribution chart, Golden Agri-Resources ranks #894 out of 1913 companies in the Consumer Packaged Goods industry, placing it in the top 46.7%.
Is Golden Agri-Resources' ROE % too high?
Golden Agri-Resources' current ROE % of 8.96% is 51% above median its 10-year median of 5.93. The Consumer Packaged Goods industry median ROE % is 6.71. Golden Agri-Resources' value of 8.96% is 33.5% above this industry median. Based on the distribution chart, Golden Agri-Resources ranks #894 out of 1913 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Golden Agri-Resources has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Golden Agri-Resources' ROE % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Golden Agri-Resources ranks #894 out of 1913 companies for ROE %. This puts Golden Agri-Resources in the upper half of its industry. The industry median ROE % is 6.71. Golden Agri-Resources' value of 8.96% is 33.5% above this benchmark. While the company's 10-year median is 5.93 vs. the industry median of 6.71, Golden Agri-Resources 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 Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.71, based on 1,913 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. Golden Agri-Resources's current ROE % of 8.96% is 33.5% 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 Golden Agri-Resources and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Agri-Resources's current ROE % is 8.96%, which is 51% above median its own 10-year median of 5.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Agri-Resources stock overvalued right now?
Based on GuruFocus' analysis, Golden Agri-Resources (FRA:4G3A) is currently considered Fairly Valued. The stock's GF Value™ is €0.16, compared to a current price of €0.16 — trading 2.5% above its estimated fair value. The current ROE % is 8.96%, which is 51% above median its 10-year median of 5.93 and 33.5% above the Consumer Packaged Goods industry median of 6.71. Golden Agri-Resources' 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 Golden Agri-Resources (FRA:4G3A), the current ROE % is 8.96% 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 Golden Agri-Resources (FRA:4G3A) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Agri-Resources stock appears to be overvalued. The current stock price of €0.16 is trading 2.5% above its estimated GF Value™ of €0.16. GuruFocus considers Golden Agri-Resources to be Fairly Valued.

Key valuation signals for FRA:4G3A:

  • ROE %: 8.96% (51% above median its 10-year median of 5.93)
  • GF Value™: €0.16 vs. price of €0.16 (2.5% above fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 33.5% above the Consumer Packaged Goods median (#894 of 1913)

No single metric tells the full story. See the FRA:4G3A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golden Agri-Resources Business Description

Address c/o IQ EQ Corporate Services (Mauritius) Ltd, 33 Edith Cavell Street, Port Louis, MUS, 11324
Golden Agri-Resources Ltd is an integrated palm oil plantation in Indonesia with estates spanning from east to west across the archipelago. The company markets its products in bulk, industrial and branded form, domestically as well as in international markets. In addition to its main palm-based products, it processes and markets soybean and sunflower oil-based products, especially in China and India, as well as operate sugar trading business. It operates in two segments namely Plantations and palm oil mills - comprises the products from upstream business; Palm, laurics and others - refers to the processing and merchandising of palm and oilseed-based products comprising bulk and branded products, oleochemicals, sugar and other vegetable oils.
54GF Score

Get the complete analysis for FRA:4G3A

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

€0.16
Price
€0.16
GF Value