CapMan OyjFRA:AP6 82 ROE % is 7.18% as of Mar. 2026, which is 37% below its 10-year median of 11.37. GuruFocus rates FRA:AP6 with a GF Score™ of 82/100 and a GF Value™ of €2.09 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,609 Asset Management companies, CapMan Oyj ranks better than 50.4% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. CapMan Oyj's annualized net income for the quarter that ended in Mar. 2026 was €13.24 Mil. CapMan Oyj's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €184.52 Mil. Therefore, CapMan Oyj's annualized ROE % for the quarter that ended in Mar. 2026 was 7.18%.
The historical rank and industry rank for CapMan Oyj's ROE % or its related term are showing as below:
FRA:AP6'
s ROE % Range Over the Past 10 Years
Min: 1.06 Med: 11.37 Max: 43.96
Current: 6.64
During the past 13 years, CapMan Oyj's highest ROE % was 43.96%. The lowest was 1.06%. And the median was 11.37%.
FRA:AP6's ROE % is ranked better than 50.4% of 1609
companies
in the Asset Management industry
Industry Median: 6.52
vs FRA:AP6: 6.64
CapMan Oyj (FRA:AP6) 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.
CapMan Oyj ROE % Related Terms
CapMan Oyj ROE % Historical Data
* Premium members only.
The historical data trend for CapMan Oyj'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 Asset Management subindustry, CapMan Oyj'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.
CapMan Oyj ROE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, CapMan Oyj's ROE % distribution charts can be found below:
* The bar in red indicates where CapMan Oyj'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.
CapMan Oyj (FRA:AP6) has a ROE % of 7.18% 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 CapMan Oyj and its competitors. This is 37% below median its historical median of 11.37. Over the past decade, CapMan Oyj's ROE % has ranged from 1.06 to 43.96. According to the industry distribution chart, CapMan Oyj ranks #798 out of 1609 companies in the Asset Management industry, placing it in the top 49.6%.
Is CapMan Oyj's ROE % too high?
CapMan Oyj's current ROE % of 7.18% is 37% below median its 10-year median of 11.37. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 43.96. The Asset Management industry median ROE % is 6.52. CapMan Oyj's value of 7.18% is 10.1% above this industry median. Based on the distribution chart, CapMan Oyj ranks #798 out of 1609 companies in the Asset Management industry, which is above the industry midpoint. Overall, CapMan Oyj has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CapMan Oyj's ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, CapMan Oyj ranks #798 out of 1609 companies for ROE %. This puts CapMan Oyj in the upper half of its industry. The industry median ROE % is 6.52. CapMan Oyj's value of 7.18% is 10.1% above this benchmark. Historically, CapMan Oyj's own ROE % has ranged from 1.06 to 43.96 over the past decade. While the company's 10-year median is 11.37 vs. the industry median of 6.52, CapMan Oyj 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 an Asset Management company?
The median ROE % among Asset Management companies is 6.52, based on 1,609 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. CapMan Oyj's current ROE % of 7.18% is 10.1% 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 CapMan Oyj and its competitors. For the Asset Management industry, the median ROE % is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CapMan Oyj's current ROE % is 7.18%, which is 37% below median its own 10-year median of 11.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CapMan Oyj stock overvalued right now?
Based on GuruFocus' analysis, CapMan Oyj (FRA:AP6) is currently considered Modestly Undervalued. The stock's GF Value™ is €2.09, compared to a current price of €1.67 — trading 20.3% below its estimated fair value. The current ROE % is 7.18%, which is 37% below median its 10-year median of 11.37 and 10.1% above the Asset Management industry median of 6.52. CapMan Oyj's overall GF Score™ is 82/100 with 6 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 CapMan Oyj (FRA:AP6), the current ROE % is 7.18% 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 CapMan Oyj (FRA:AP6) Overvalued in 2026?
Based on GuruFocus' analysis, CapMan Oyj stock appears to be undervalued.
The current stock price of €1.67 is trading 20.3% below its estimated GF Value™ of €2.09.
GuruFocus considers CapMan Oyj to be Modestly Undervalued.
Key valuation signals for FRA:AP6:
ROE %: 7.18% (37% below median its 10-year median of 11.37)
GF Value™: €2.09 vs. price of €1.67 (20.3% below fair value)
Industry Position: 10.1% above the Asset Management median (#798 of 1609)
No single metric tells the full story. See the FRA:AP6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CapMan Oyj iis a private asset management firm operating in the Nordic region. It manages investments across real estate, infrastructure, natural capital, and unlisted companies, and invests in properties and other assets with potential for redevelopment, repurposing, or long-term value creation. The majority of the company's revenue is derived from management fees, which are variable consideration and are typically based on the fund's original size during its investment period.
82GF Score
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