ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Krispy Kreme's annualized net income for the quarter that ended in Mar. 2026 was €-79 Mil. Krispy Kreme's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €551 Mil. Therefore, Krispy Kreme's annualized ROE % for the quarter that ended in Mar. 2026 was -14.31%.
The historical rank and industry rank for Krispy Kreme's ROE % or its related term are showing as below:
FRA:9YM'
s ROE % Range Over the Past 10 Years
Min: -67.42 Med: -3.21 Max: 0.27
Current: -67.42
During the past 8 years, Krispy Kreme's highest ROE % was 0.27%. The lowest was -67.42%. And the median was -3.21%.
FRA:9YM's ROE % is ranked worse than 96.09% of 307
companies
in the Retail - Defensive industry
Industry Median: 8.56
vs FRA:9YM: -67.42
Krispy Kreme (FRA:9YM) 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.
Krispy Kreme ROE % Related Terms
Krispy Kreme ROE % Historical Data
* Premium members only.
The historical data trend for Krispy Kreme'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.
For the Grocery Stores subindustry, Krispy Kreme'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.
Krispy Kreme ROE % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Krispy Kreme's ROE % distribution charts can be found below:
* The bar in red indicates where Krispy Kreme'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.
Krispy Kreme (FRA:9YM) has a ROE % of -14.31% 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 Krispy Kreme and its competitors. According to the industry distribution chart, Krispy Kreme ranks #295 out of 307 companies in the Retail - Defensive industry, placing it in the top 96.1%.
Is Krispy Kreme's ROE % too high?
Krispy Kreme's current ROE % is -14.31%. Based on the distribution chart, Krispy Kreme ranks #295 out of 307 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Krispy Kreme has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Krispy Kreme's ROE % compare to VLGEA and YSWY?
According to the Retail - Defensive industry distribution chart, Krispy Kreme ranks #295 out of 307 companies for ROE %. This places Krispy Kreme in the lower half of its industry. The industry median ROE % is 8.56. 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 - Defensive company?
The median ROE % among Retail - Defensive companies is 8.56, based on 307 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 Krispy Kreme and its competitors. For the Retail - Defensive industry, the median ROE % is 8.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Krispy Kreme's current ROE % is -14.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krispy Kreme stock overvalued right now?
Based on GuruFocus' analysis, Krispy Kreme (FRA:9YM) is currently considered Possible Value Trap. The stock's GF Value™ is €7.59, compared to a current price of €2.93 — trading 61.4% below its estimated fair value. The current ROE % is -14.31%. Krispy Kreme's overall GF Score™ is 55/100 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 Krispy Kreme (FRA:9YM), the current ROE % is -14.31% 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 Krispy Kreme (FRA:9YM) Overvalued in 2026?
Based on GuruFocus' analysis, Krispy Kreme stock appears to be undervalued.
The current stock price of €2.93 is trading 61.4% below its estimated GF Value™ of €7.59.
GuruFocus considers Krispy Kreme to be Possible Value Trap.
Key valuation signals for FRA:9YM:
ROE %: -14.31%
GF Value™: €7.59 vs. price of €2.93 (61.4% below fair value)
No single metric tells the full story. See the FRA:9YM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Krispy Kreme Inc is a sweet-treat brand company. The company's Original Glazed doughnut is recognized for its hot-off-the-line, melt-in-mouth experience. It operates through its network of fresh Doughnut Shops, partnerships with retailers, and a growing e-commerce and delivery business. The company conducts its business through the following three reported segments: U.S., which includes all operations in the United States; International, which includes operations in the U.K., Ireland, Australia, New Zealand, Canada, Japan, and Mexico; and Market Development, which includes franchise operations world-wide. It derives maximum revenue from the U.S. segment.
55GF Score
Get the complete analysis for FRA:9YM
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