WindowMaster International AS (FRA:9FF0) ROE %: 66.91% (As of Dec. 2025) — 2566% Above Median


FRA:9FF0 WindowMaster International AS FRA:9FF0
69 GF Score
Price €107.00
GF Value €87.14
Valuation Modestly Overvalued
! 4 Warning Signs
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What is WindowMaster International AS ROE %?

WindowMaster International AS FRA:9FF0 -1.83% 69 ROE % is 66.91% as of Dec. 2025, which is 2566% above its 10-year median of 2.51. GuruFocus rates FRA:9FF0 with a GF Score™ of 69/100 and a GF Value™ of €87.14 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,738 Construction companies, WindowMaster International AS ranks worse than 65.82% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. WindowMaster International AS's annualized net income for the quarter that ended in Dec. 2025 was €2.51 Mil. WindowMaster International AS's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €3.75 Mil. Therefore, WindowMaster International AS's annualized ROE % for the quarter that ended in Dec. 2025 was 66.91%.

The historical rank and industry rank for WindowMaster International AS's ROE % or its related term are showing as below:

FRA:9FF0' s ROE % Range Over the Past 10 Years
Min: -36.74   Med: 2.51   Max: 33.89
Current: 2.81

During the past 8 years, WindowMaster International AS's highest ROE % was 33.89%. The lowest was -36.74%. And the median was 2.51%.

FRA:9FF0's ROE % is ranked worse than
65.82% of 1738 companies
in the Construction industry
Industry Median: 6.715 vs FRA:9FF0: 2.81

WindowMaster International AS  (FRA:9FF0) 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
=2.512/3.7545
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.512 / 38.764)*(38.764 / 20.2245)*(20.2245 / 3.7545)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.48 %*1.9167*5.3867
=ROA %*Equity Multiplier
=12.42 %*5.3867
=66.91 %

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
=2.512/3.7545
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2.512 / 3.434) * (3.434 / 4.178) * (4.178 / 38.764) * (38.764 / 20.2245) * (20.2245 / 3.7545)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7315 * 0.8219 * 10.78 % * 1.9167 * 5.3867
=66.91 %

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.


WindowMaster International AS ROE % Related Terms


WindowMaster International AS ROE % Historical Data

* Premium members only.

The historical data trend for WindowMaster International AS'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.

WindowMaster International AS ROE % Chart

WindowMaster International AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial -5.72 -5.71 -36.69 33.87 2.51

WindowMaster International AS Semi-Annual Data
Dec18 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 -18.24 13.80 54.47 -56.53 66.91

FRA:9FF0 vs TT, JCI, CARR: ROE % Comparison

For the Building Products & Equipment subindustry, WindowMaster International AS'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.


WindowMaster International AS ROE % vs Construction Industry

For the Construction industry and Industrials sector, WindowMaster International AS's ROE % distribution charts can be found below:

* The bar in red indicates where WindowMaster International AS's ROE % falls into.


FRA:9FF0
69GF Score
WindowMaster International AS FRA:9FF0
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WindowMaster International AS ROE % Calculation

WindowMaster International AS'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 )
=0.116/( (4.912+4.348)/ 2 )
=0.116/4.63
=2.51 %

WindowMaster International AS'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 )
=2.512/( (3.161+4.348)/ 2 )
=2.512/3.7545
=66.91 %

* 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 66.91% mean?
WindowMaster International AS (FRA:9FF0) has a ROE % of 66.91% 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 WindowMaster International AS and its competitors. This is 2566% above median its historical median of 2.51. According to the industry distribution chart, WindowMaster International AS ranks #1144 out of 1738 companies in the Construction industry, placing it in the top 65.8%.
Is WindowMaster International AS's ROE % too high?
WindowMaster International AS's current ROE % of 66.91% is 2566% above median its 10-year median of 2.51. The Construction industry median ROE % is 6.72. WindowMaster International AS's value of 66.91% is 896.4% above this industry median. Based on the distribution chart, WindowMaster International AS ranks #1144 out of 1738 companies in the Construction industry, which is below the industry midpoint. Overall, WindowMaster International AS has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WindowMaster International AS's ROE % compare to TT and JCI?
According to the Construction industry distribution chart, WindowMaster International AS ranks #1144 out of 1738 companies for ROE %. This places WindowMaster International AS in the lower half of its industry. The industry median ROE % is 6.72. WindowMaster International AS's value of 66.91% is 896.4% above this benchmark. While the company's 10-year median is 2.51 vs. the industry median of 6.72, WindowMaster International AS 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 Construction company?
The median ROE % among Construction companies is 6.72, based on 1,738 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. WindowMaster International AS's current ROE % of 66.91% is 896.4% 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 WindowMaster International AS and its competitors. For the Construction industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WindowMaster International AS's current ROE % is 66.91%, which is 2566% above median its own 10-year median of 2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WindowMaster International AS stock overvalued right now?
Based on GuruFocus' analysis, WindowMaster International AS (FRA:9FF0) is currently considered Modestly Overvalued. The stock's GF Value™ is €87.14, compared to a current price of €107.00 — trading 22.8% above its estimated fair value. The current ROE % is 66.91%, which is 2566% above median its 10-year median of 2.51 and 896.4% above the Construction industry median of 6.72. WindowMaster International AS's overall GF Score™ is 69/100 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 WindowMaster International AS (FRA:9FF0), the current ROE % is 66.91% 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 WindowMaster International AS (FRA:9FF0) Overvalued in 2026?

Based on GuruFocus' analysis, WindowMaster International AS stock appears to be overvalued. The current stock price of €107.00 is trading 22.8% above its estimated GF Value™ of €87.14. GuruFocus considers WindowMaster International AS to be Modestly Overvalued.

Key valuation signals for FRA:9FF0:

  • ROE %: 66.91% (2566% above median its 10-year median of 2.51)
  • GF Value™: €87.14 vs. price of €107.00 (22.8% above fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 896.4% above the Construction median (#1144 of 1738)

No single metric tells the full story. See the FRA:9FF0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WindowMaster International AS Business Description

Other Exchanges WMA:Denmark
Address Skelstedet 13, Vedbaek, DNK, 2950
WindowMaster International AS is a Danish cleantech company that provides intelligent natural ventilation solutions and heat and smoke ventilation solutions for commercial use. The company delivers both hardware (window actuators, sensors, and control panels) as well as the software required for every element of the natural ventilation solution to interact intelligently and flexibly. Its products include Actuators and Accessories, Controllers; Sensors and Detectors Accessories; and Spare parts. The group serves five segments: Nordic, DACH, UK & Ireland, North America, and international. It derives maximum revenue from DACH.
69GF Score

Get the complete analysis for FRA:9FF0

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

€107.00
Price
€87.14
GF Value