Shoe Zone (FRA:86W) ROE %: -31.97% (As of Mar. 2026)


FRA:86W Shoe Zone PLC FRA:86W
23 GF Score
Price €0.43
GF Value €0.57
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Shoe Zone ROE %?

Shoe Zone FRA:86W -1.37% 23 ROE % is -31.97% as of Mar. 2026. GuruFocus rates FRA:86W with a GF Score™ of 23/100 and a GF Value™ of €0.57 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,097 Retail - Cyclical companies, Shoe Zone ranks worse than 79.49% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shoe Zone's annualized net income for the quarter that ended in Mar. 2026 was €-12.2 Mil. Shoe Zone's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €38.3 Mil. Therefore, Shoe Zone's annualized ROE % for the quarter that ended in Mar. 2026 was -31.97%.

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

FRA:86W' s ROE % Range Over the Past 10 Years
Min: -54.32   Med: 25.73   Max: 39.17
Current: -3.56

During the past 13 years, Shoe Zone's highest ROE % was 39.17%. The lowest was -54.32%. And the median was 25.73%.

FRA:86W's ROE % is ranked worse than
79.49% of 1097 companies
in the Retail - Cyclical industry
Industry Median: 6.46 vs FRA:86W: -3.56

Shoe Zone  (FRA:86W) 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
=-12.24/38.287
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-12.24 / 145.158)*(145.158 / 100.363)*(100.363 / 38.287)
=Net Margin %*Asset Turnover*Equity Multiplier
=-8.43 %*1.4463*2.6213
=ROA %*Equity Multiplier
=-12.19 %*2.6213
=-31.97 %

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
=-12.24/38.287
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-12.24 / -12.24) * (-12.24 / -10.49) * (-10.49 / 145.158) * (145.158 / 100.363) * (100.363 / 38.287)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.1668 * -7.23 % * 1.4463 * 2.6213
=-31.97 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Shoe Zone ROE % Related Terms


Shoe Zone ROE % Historical Data

* Premium members only.

The historical data trend for Shoe Zone'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.

Shoe Zone ROE % Chart

Shoe Zone Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.97 35.47 37.73 22.79 5.41

Shoe Zone Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 16.85 31.52 -14.23 24.32 -31.97

FRA:86W vs TJX, ROST, BURL: ROE % Comparison

For the Apparel Retail subindustry, Shoe Zone'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.


Shoe Zone ROE % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shoe Zone's ROE % distribution charts can be found below:

* The bar in red indicates where Shoe Zone's ROE % falls into.


FRA:86W
23GF Score
Shoe Zone PLC FRA:86W
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shoe Zone ROE % Calculation

Shoe Zone's annualized ROE % for the fiscal year that ended in Sep. 2025 is calculated as

ROE %=Net Income (A: Sep. 2025 )/( (Total Stockholders Equity (A: Sep. 2024 )+Total Stockholders Equity (A: Sep. 2025 ))/ count )
=2.175/( (38.905+41.523)/ 2 )
=2.175/40.214
=5.41 %

Shoe Zone's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-12.24/( (41.523+35.051)/ 2 )
=-12.24/38.287
=-31.97 %

* 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 (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 -31.97% mean?
Shoe Zone (FRA:86W) has a ROE % of -31.97% 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 Shoe Zone and its competitors. According to the industry distribution chart, Shoe Zone ranks #872 out of 1097 companies in the Retail - Cyclical industry, placing it in the top 79.5%.
Is Shoe Zone's ROE % too high?
Shoe Zone's current ROE % is -31.97%. Based on the distribution chart, Shoe Zone ranks #872 out of 1097 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Shoe Zone has a GF Score™ of 23/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shoe Zone's ROE % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Shoe Zone ranks #872 out of 1097 companies for ROE %. This places Shoe Zone in the lower half of its industry. The industry median ROE % is 6.46. 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 Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.46, based on 1,097 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 Shoe Zone and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shoe Zone's current ROE % is -31.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoe Zone stock overvalued right now?
Based on GuruFocus' analysis, Shoe Zone (FRA:86W) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.57, compared to a current price of €0.43 — trading 24.2% below its estimated fair value. The current ROE % is -31.97%. Shoe Zone's overall GF Score™ is 23/100 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 Shoe Zone (FRA:86W), the current ROE % is -31.97% 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 Shoe Zone (FRA:86W) Overvalued in 2026?

Based on GuruFocus' analysis, Shoe Zone stock appears to be undervalued. The current stock price of €0.43 is trading 24.2% below its estimated GF Value™ of €0.57. GuruFocus considers Shoe Zone to be Modestly Undervalued.

Key valuation signals for FRA:86W:

  • ROE %: -31.97%
  • GF Value™: €0.57 vs. price of €0.43 (24.2% below fair value)
  • GF Score™: 23/100 with 4 warning signs

No single metric tells the full story. See the FRA:86W stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shoe Zone Business Description

Other Exchanges SHOE:UK
Address Humberstone Road, Haramead Business Centre, Leicester, Leicestershire, GBR, LE1 2LH
Shoe Zone PLC operates as a footwear retailer offering a wide range and a variety of shoes for all ages, it functions with over 500 stores across the UK. The group has a single distribution center which is located in Leicester, England. Its online offering combined with its store portfolio allows customers to shop via multiple channels. Shoe zone operates in the United Kingdom.
23GF Score

Get the complete analysis for FRA:86W

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

€0.43
Price
€0.57
GF Value