Oatly Group AB (FRA:9ZX0) ROE %: -439.53% (As of Mar. 2026)


FRA:9ZX0 Oatly Group AB FRA:9ZX0
62 GF Score
Price €7.74
GF Value €16.56
Valuation Possible Value Trap
! 3 Warning Signs
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What is Oatly Group AB ROE %?

Oatly Group AB FRA:9ZX0 +1.57% 62 ROE % is -439.53% as of Mar. 2026. GuruFocus rates FRA:9ZX0 with a GF Score™ of 62/100 and a GF Value™ of €16.56 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,916 Consumer Packaged Goods companies, Oatly Group AB ranks worse than 98.96% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Oatly Group AB's annualized net income for the quarter that ended in Mar. 2026 was €-41.5 Mil. Oatly Group AB's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €9.5 Mil. Therefore, Oatly Group AB's annualized ROE % for the quarter that ended in Mar. 2026 was -439.53%.

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

FRA:9ZX0' s ROE % Range Over the Past 10 Years
Min: -296.7   Med: -38.55   Max: -18.97
Current: -296.7

During the past 7 years, Oatly Group AB's highest ROE % was -18.97%. The lowest was -296.70%. And the median was -38.55%.

FRA:9ZX0's ROE % is ranked worse than
98.96% of 1916 companies
in the Consumer Packaged Goods industry
Industry Median: 6.72 vs FRA:9ZX0: -296.70

Oatly Group AB  (FRA:9ZX0) 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
=-41.54/9.451
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-41.54 / 790.004)*(790.004 / 663.629)*(663.629 / 9.451)
=Net Margin %*Asset Turnover*Equity Multiplier
=-5.26 %*1.1904*70.2179
=ROA %*Equity Multiplier
=-6.26 %*70.2179
=-439.53 %

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
=-41.54/9.451
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-41.54 / -42.396) * (-42.396 / -39.268) * (-39.268 / 790.004) * (790.004 / 663.629) * (663.629 / 9.451)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9798 * 1.0797 * -4.97 % * 1.1904 * 70.2179
=-439.53 %

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.


Oatly Group AB ROE % Related Terms


Oatly Group AB ROE % Historical Data

* Premium members only.

The historical data trend for Oatly Group 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.

Oatly Group AB ROE % Chart

Oatly Group AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial -27.44 -40.09 -72.60 -94.95 -225.29

Oatly Group 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 -43.50 -199.66 -451.09 -411.67 -439.53

FRA:9ZX0 vs BGS, AMNF, USNA: ROE % Comparison

For the Packaged Foods subindustry, Oatly Group 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.


Oatly Group AB ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Oatly Group AB's ROE % distribution charts can be found below:

* The bar in red indicates where Oatly Group AB's ROE % falls into.


FRA:9ZX0
62GF Score
Oatly Group AB FRA:9ZX0
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oatly Group AB ROE % Calculation

Oatly Group 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 )
=-130.466/( (99.977+15.846)/ 2 )
=-130.466/57.9115
=-225.29 %

Oatly Group 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 )
=-41.54/( (15.846+3.056)/ 2 )
=-41.54/9.451
=-439.53 %

* 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 -439.53% mean?
Oatly Group AB (FRA:9ZX0) has a ROE % of -439.53% 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 Oatly Group AB and its competitors. According to the industry distribution chart, Oatly Group AB ranks #1896 out of 1916 companies in the Consumer Packaged Goods industry, placing it in the top 99%.
Is Oatly Group AB's ROE % too high?
Oatly Group AB's current ROE % is -439.53%. Based on the distribution chart, Oatly Group AB ranks #1896 out of 1916 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Oatly Group AB has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Oatly Group AB's ROE % compare to BGS and AMNF?
According to the Consumer Packaged Goods industry distribution chart, Oatly Group AB ranks #1896 out of 1916 companies for ROE %. This places Oatly Group AB in the lower half of its industry. The industry median ROE % is 6.72. 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 Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.72, based on 1,916 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 Oatly Group AB and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oatly Group AB's current ROE % is -439.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oatly Group AB stock overvalued right now?
Based on GuruFocus' analysis, Oatly Group AB (FRA:9ZX0) is currently considered Possible Value Trap. The stock's GF Value™ is €16.56, compared to a current price of €7.74 — trading 53.3% below its estimated fair value. The current ROE % is -439.53%. Oatly Group AB's overall GF Score™ is 62/100 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 Oatly Group AB (FRA:9ZX0), the current ROE % is -439.53% 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 Oatly Group AB (FRA:9ZX0) Overvalued in 2026?

Based on GuruFocus' analysis, Oatly Group AB stock appears to be undervalued. The current stock price of €7.74 is trading 53.3% below its estimated GF Value™ of €16.56. GuruFocus considers Oatly Group AB to be Possible Value Trap.

Key valuation signals for FRA:9ZX0:

  • ROE %: -439.53%
  • GF Value™: €16.56 vs. price of €7.74 (53.3% below fair value)
  • GF Score™: 62/100 with 3 warning signs

No single metric tells the full story. See the FRA:9ZX0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oatly Group AB Business Description

Other Exchanges OTLY:USA9ZX0:Germany
Address Angfarekajen 8, Malmo, SWE, 211 19
Oatly Group AB produces and distributes oat-based food and beverage products. Its offerings include milk, cooking creams, spreads, and yogurts. The company's products are sold through retail stores, coffee shops, and restaurants across multiple countries. It generates revenue from sales of oatmilk and other oat-based products. The company's geographical segments include Europe & International, North America and Greater China. The Europe & International segment is its maximum revenue-producing segment, followed by the North America and Greater China segments.
62GF Score

Get the complete analysis for FRA:9ZX0

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

€7.74
Price
€16.56
GF Value