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Asseco Business SolutionsFRA:9QQ +0.52%88 ROE % is 39.77% as of Mar. 2026, which is 67% above its 10-year median of 23.84. GuruFocus rates FRA:9QQ with a GF Score™ of 88/100 and a GF Value™ of €17.06 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,690 Software companies, Asseco Business Solutions ranks better than 92.71% on this metric.
Asseco Business Solutions (FRA:9QQ) 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:
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.
* 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.
For the Software - Application subindustry, Asseco Business Solutions'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.
Asseco Business Solutions ROE % vs Software Industry
For the Software industry and Technology sector, Asseco Business Solutions's ROE % distribution charts can be found below:
* The bar in red indicates where Asseco Business Solutions's ROE % falls into.
* 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.
Asseco Business Solutions (FRA:9QQ) has a ROE % of 39.77% 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 Asseco Business Solutions and its competitors. This is 67% above median its historical median of 23.84. Over the past decade, Asseco Business Solutions' ROE % has ranged from 15.69 to 37.17. According to the industry distribution chart, Asseco Business Solutions ranks #196 out of 2690 companies in the Software industry, placing it in the top 7.3%.
Is Asseco Business Solutions' ROE % too high?
Asseco Business Solutions' current ROE % of 39.77% is 67% above median its 10-year median of 23.84. Over the past 10 years, this metric has ranged from a low of 15.69 to a high of 37.17. The Software industry median ROE % is 4.78. Asseco Business Solutions' value of 39.77% is 732% above this industry median. Based on the distribution chart, Asseco Business Solutions ranks #196 out of 2690 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Asseco Business Solutions has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asseco Business Solutions' ROE % compare to QH and SHOP?
According to the Software industry distribution chart, Asseco Business Solutions ranks #196 out of 2690 companies for ROE %. This places Asseco Business Solutions in the top 7% of its industry — outperforming the majority of peers. The industry median ROE % is 4.78. Asseco Business Solutions' value of 39.77% is 732% above this benchmark. Historically, Asseco Business Solutions' own ROE % has ranged from 15.69 to 37.17 over the past decade. While the company's 10-year median is 23.84 vs. the industry median of 4.78, Asseco Business Solutions 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 Software company?
The median ROE % among Software companies is 4.78, based on 2,690 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. Asseco Business Solutions's current ROE % of 39.77% is 732% 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 Asseco Business Solutions and its competitors. For the Software industry, the median ROE % is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asseco Business Solutions's current ROE % is 39.77%, which is 67% above median its own 10-year median of 23.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asseco Business Solutions stock overvalued right now?
Based on GuruFocus' analysis, Asseco Business Solutions (FRA:9QQ) is currently considered Modestly Overvalued. The stock's GF Value™ is €17.06, compared to a current price of €19.45 — trading 14% above its estimated fair value. The current ROE % is 39.77%, which is 67% above median its 10-year median of 23.84 and 732% above the Software industry median of 4.78. Asseco Business Solutions' overall GF Score™ is 88/100 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 Asseco Business Solutions (FRA:9QQ), the current ROE % is 39.77% 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 Asseco Business Solutions (FRA:9QQ) Overvalued in 2026?
Based on GuruFocus' analysis, Asseco Business Solutions stock appears to be overvalued.
The current stock price of €19.45 is trading 14% above its estimated GF Value™ of €17.06.
GuruFocus considers Asseco Business Solutions to be Modestly Overvalued.
Key valuation signals for FRA:9QQ:
ROE %: 39.77% (67% above median its 10-year median of 23.84)
GF Value™: €17.06 vs. price of €19.45 (14% above fair value)
Industry Position: 732% above the Software median (#196 of 2690)
No single metric tells the full story. See the FRA:9QQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asseco Business Solutions SA serves as a Competence Centre accountable for the development of ERP software, mobile reporting systems (SFA), factoring systems and software for SMEs. Its offering also includes the provision, adaptation, and configuration of business applications for enterprises, design, and construction of infrastructure at the client or in the outsourcing model, providing equipment and system software of renowned partners, training for client's personnel, service and remote support for users. The company generates most of its revenue from its ERP Systems segment mainly in Poland.
88GF Score
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