eREX Co (FRA:6HF) ROE %: 9.22% (As of Mar. 2026) — 43% Below Median

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FRA:6HF eREX Co Ltd FRA:6HF
63 GF Score
Price €4.18
GF Value €2.64
Valuation Significantly Overvalued
! 3 Warning Signs
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What is eREX Co ROE %?

eREX Co FRA:6HF 63 ROE % is 9.22% as of Mar. 2026, which is 43% below its 10-year median of 16.05. GuruFocus rates FRA:6HF with a GF Score™ of 63/100 and a GF Value™ of €2.64 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 434 Utilities - Independent Power Producers companies, eREX Co ranks better than 67.05% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. eREX Co's annualized net income for the quarter that ended in Mar. 2026 was €34.8 Mil. eREX Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €377.6 Mil. Therefore, eREX Co's annualized ROE % for the quarter that ended in Mar. 2026 was 9.22%.

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

FRA:6HF' s ROE % Range Over the Past 10 Years
Min: -39.27   Med: 16.05   Max: 22.02
Current: 8.1

During the past 13 years, eREX Co's highest ROE % was 22.02%. The lowest was -39.27%. And the median was 16.05%.

FRA:6HF's ROE % is ranked better than
67.05% of 434 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.82 vs FRA:6HF: 8.10

eREX Co  (FRA:6HF) 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
=34.8/377.57
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(34.8 / 898.148)*(898.148 / 892.0125)*(892.0125 / 377.57)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.87 %*1.0069*2.3625
=ROA %*Equity Multiplier
=3.9 %*2.3625
=9.22 %

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
=34.8/377.57
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (34.8 / 74.288) * (74.288 / 62.448) * (62.448 / 898.148) * (898.148 / 892.0125) * (892.0125 / 377.57)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.4684 * 1.1896 * 6.95 % * 1.0069 * 2.3625
=9.22 %

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.


eREX Co ROE % Related Terms


eREX Co ROE % Historical Data

* Premium members only.

The historical data trend for eREX Co'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.

eREX Co ROE % Chart

eREX Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.27 15.01 -36.46 3.79 7.44

eREX Co 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 -14.06 -0.84 10.66 12.63 9.22

eREX Co ROE % Competitor Comparison

For the Utilities - Renewable subindustry, eREX Co'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.


eREX Co ROE % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, eREX Co's ROE % distribution charts can be found below:

* The bar in red indicates where eREX Co's ROE % falls into.


FRA:6HF
63GF Score
eREX Co Ltd FRA:6HF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

eREX Co ROE % Calculation

eREX Co's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=29.065/( (398.056+383.694)/ 2 )
=29.065/390.875
=7.44 %

eREX Co'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 )
=34.8/( (371.446+383.694)/ 2 )
=34.8/377.57
=9.22 %

* 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 9.22% mean?
eREX Co (FRA:6HF) has a ROE % of 9.22% 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 eREX Co and its competitors. This is 43% below median its historical median of 16.05. According to the industry distribution chart, eREX Co ranks #143 out of 434 companies in the Utilities - Independent Power Producers industry, placing it in the top 32.9%.
Is eREX Co's ROE % too high?
eREX Co's current ROE % of 9.22% is 43% below median its 10-year median of 16.05. The Utilities - Independent Power Producers industry median ROE % is 3.82. eREX Co's value of 9.22% is 141.4% above this industry median. Based on the distribution chart, eREX Co ranks #143 out of 434 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, eREX Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does eREX Co's ROE % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, eREX Co ranks #143 out of 434 companies for ROE %. This puts eREX Co in the upper half of its industry. The industry median ROE % is 3.82. eREX Co's value of 9.22% is 141.4% above this benchmark. While the company's 10-year median is 16.05 vs. the industry median of 3.82, eREX Co 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 Utilities - Independent Power Producers company?
The median ROE % among Utilities - Independent Power Producers companies is 3.82, based on 434 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. eREX Co's current ROE % of 9.22% is 141.4% 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 eREX Co and its competitors. For the Utilities - Independent Power Producers industry, the median ROE % is 3.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. eREX Co's current ROE % is 9.22%, which is 43% below median its own 10-year median of 16.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is eREX Co stock overvalued right now?
Based on GuruFocus' analysis, eREX Co (FRA:6HF) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.64, compared to a current price of €4.18 — trading 58.3% above its estimated fair value. The current ROE % is 9.22%, which is 43% below median its 10-year median of 16.05 and 141.4% above the Utilities - Independent Power Producers industry median of 3.82. eREX Co's overall GF Score™ is 63/100 with 3 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 eREX Co (FRA:6HF), the current ROE % is 9.22% 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 eREX Co (FRA:6HF) Overvalued in 2026?

Based on GuruFocus' analysis, eREX Co stock appears to be overvalued. The current stock price of €4.18 is trading 58.3% above its estimated GF Value™ of €2.64. GuruFocus considers eREX Co to be Significantly Overvalued.

Key valuation signals for FRA:6HF:

  • ROE %: 9.22% (43% below median its 10-year median of 16.05)
  • GF Value™: €2.64 vs. price of €4.18 (58.3% above fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 141.4% above the Utilities - Independent Power Producers median (#143 of 434)

No single metric tells the full story. See the FRA:6HF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


eREX Co Business Description

Other Exchanges 9517:Japan
Address 2-2-1 Kyobashi, 14th Floor, Kyobashi Edglan, Chuo-ku, Tokyo, JPN, 104-0031
eREX Co Ltd is a holding company that engages in the electrical power business. Its services include retail sales of power, power market transactions, and power development. In its electric power retail business, it involves in the retail of electric power at an inexpensive price than electric utilities. In its power supplies development business, it involves the planning, design, and construction of power-generating equipment.
63GF Score

Get the complete analysis for FRA:6HF

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

€4.18
Price
€2.64
GF Value