Gullberg & Jansson AB (FRA:9D7) ROE %: -32.19% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:9D7 Gullberg & Jansson AB FRA:9D7
62 GF Score
Price €1.08
GF Value €1.24
! 5 Warning Signs
View Full Analysis

What is Gullberg & Jansson AB ROE %?

Gullberg & Jansson AB FRA:9D7 -0.92% 62 ROE % is -32.19% as of Mar. 2026. GuruFocus rates FRA:9D7 with a GF Score™ of 62/100 and a GF Value™ of €1.24. The stock has 5 warning signs investors should review. Among 822 Travel & Leisure companies, Gullberg & Jansson AB ranks worse than 83.94% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Gullberg & Jansson AB's annualized net income for the quarter that ended in Mar. 2026 was €-3.34 Mil. Gullberg & Jansson AB's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €10.38 Mil. Therefore, Gullberg & Jansson AB's annualized ROE % for the quarter that ended in Mar. 2026 was -32.19%.

The historical rank and industry rank for Gullberg & Jansson AB's ROE % or its related term are showing as below:

FRA:9D7' s ROE % Range Over the Past 10 Years
Min: -11.85   Med: 7.72   Max: 62.62
Current: -8.02

During the past 13 years, Gullberg & Jansson AB's highest ROE % was 62.62%. The lowest was -11.85%. And the median was 7.72%.

FRA:9D7's ROE % is ranked worse than
83.94% of 822 companies
in the Travel & Leisure industry
Industry Median: 5.54 vs FRA:9D7: -8.02

Gullberg & Jansson AB  (FRA:9D7) 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
=-3.34/10.3755
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.34 / 13.18)*(13.18 / 21.595)*(21.595 / 10.3755)
=Net Margin %*Asset Turnover*Equity Multiplier
=-25.34 %*0.6103*2.0813
=ROA %*Equity Multiplier
=-15.47 %*2.0813
=-32.19 %

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
=-3.34/10.3755
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-3.34 / -2.668) * (-2.668 / -2.208) * (-2.208 / 13.18) * (13.18 / 21.595) * (21.595 / 10.3755)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.2519 * 1.2083 * -16.75 % * 0.6103 * 2.0813
=-32.19 %

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.


Gullberg & Jansson AB ROE % Related Terms


Gullberg & Jansson AB ROE % Historical Data

* Premium members only.

The historical data trend for Gullberg & Jansson AB'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.

Gullberg & Jansson AB ROE % Chart

Gullberg & Jansson AB 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 62.41 20.14 -11.74 -6.65 -6.19

Gullberg & Jansson AB 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 -22.79 24.32 10.24 -36.72 -32.19

FRA:9D7 vs AS, HAS, LTH: ROE % Comparison

For the Leisure subindustry, Gullberg & Jansson AB'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.


Gullberg & Jansson AB ROE % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Gullberg & Jansson AB's ROE % distribution charts can be found below:

* The bar in red indicates where Gullberg & Jansson AB's ROE % falls into.


FRA:9D7
62GF Score
Gullberg & Jansson AB FRA:9D7
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gullberg & Jansson AB ROE % Calculation

Gullberg & Jansson AB'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 )
=-0.673/( (11.055+10.707)/ 2 )
=-0.673/10.881
=-6.19 %

Gullberg & Jansson AB'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 )
=-3.34/( (10.707+10.044)/ 2 )
=-3.34/10.3755
=-32.19 %

* 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 -32.19% mean?
Gullberg & Jansson AB (FRA:9D7) has a ROE % of -32.19% 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 Gullberg & Jansson AB and its competitors. According to the industry distribution chart, Gullberg & Jansson AB ranks #690 out of 822 companies in the Travel & Leisure industry, placing it in the top 83.9%.
Is Gullberg & Jansson AB's ROE % too high?
Gullberg & Jansson AB's current ROE % is -32.19%. Based on the distribution chart, Gullberg & Jansson AB ranks #690 out of 822 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Gullberg & Jansson AB has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Gullberg & Jansson AB's ROE % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Gullberg & Jansson AB ranks #690 out of 822 companies for ROE %. This places Gullberg & Jansson AB in the lower half of its industry. The industry median ROE % is 5.54. 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 Travel & Leisure company?
The median ROE % among Travel & Leisure companies is 5.54, based on 822 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 Gullberg & Jansson AB and its competitors. For the Travel & Leisure industry, the median ROE % is 5.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gullberg & Jansson AB's current ROE % is -32.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gullberg & Jansson AB stock overvalued right now?
Gullberg & Jansson AB (FRA:9D7) has a current ROE % of -32.19%. The stock's GF Value™ is €1.24, compared to a current price of €1.08 — trading 12.9% below its estimated fair value. The current ROE % is -32.19%. Gullberg & Jansson AB's overall GF Score™ is 62/100 with 5 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 Gullberg & Jansson AB (FRA:9D7), the current ROE % is -32.19% 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 Gullberg & Jansson AB (FRA:9D7) Overvalued in 2026?

Based on GuruFocus' analysis, Gullberg & Jansson AB stock appears to be undervalued. The current stock price of €1.08 is trading 12.9% below its estimated GF Value™ of €1.24.

Key valuation signals for FRA:9D7:

  • ROE %: -32.19%
  • GF Value™: €1.24 vs. price of €1.08 (12.9% below fair value)
  • GF Score™: 62/100 with 5 warning signs

No single metric tells the full story. See the FRA:9D7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gullberg & Jansson AB Business Description

Other Exchanges GJAB:Sweden
Address Hortensiagatan 7, Helsingborg, SWE, SE-256 68
Gullberg & Jansson AB develops swimming pool heat pumps. The company specialize in air & water heat pumps for swimming pools as well as homes and properties for the Scandinavian market.
62GF Score

Get the complete analysis for FRA:9D7

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

€1.08
Price
€1.24
GF Value