BHB Brauholding Bayern-Mitte AG (FRA:B9B) ROE %: -3.80% (As of Dec. 2025)


FRA:B9B BHB Brauholding Bayern-Mitte AG FRA:B9B
68 GF Score
Price €2.02
GF Value €2.46
Valuation Modestly Undervalued
! 4 Warning Signs
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What is BHB Brauholding Bayern-Mitte AG ROE %?

BHB Brauholding Bayern-Mitte AG FRA:B9B 68 ROE % is -3.80% as of Dec. 2025. GuruFocus rates FRA:B9B with a GF Score™ of 68/100 and a GF Value™ of €2.46 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 206 Beverages - Alcoholic companies, BHB Brauholding Bayern-Mitte AG ranks worse than 78.16% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. BHB Brauholding Bayern-Mitte AG's annualized net income for the quarter that ended in Dec. 2025 was €-0.40 Mil. BHB Brauholding Bayern-Mitte AG's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €10.59 Mil. Therefore, BHB Brauholding Bayern-Mitte AG's annualized ROE % for the quarter that ended in Dec. 2025 was -3.80%.

The historical rank and industry rank for BHB Brauholding Bayern-Mitte AG's ROE % or its related term are showing as below:

FRA:B9B' s ROE % Range Over the Past 10 Years
Min: -5.38   Med: 2.34   Max: 4.67
Current: -1.46

During the past 13 years, BHB Brauholding Bayern-Mitte AG's highest ROE % was 4.67%. The lowest was -5.38%. And the median was 2.34%.

FRA:B9B's ROE % is ranked worse than
78.16% of 206 companies
in the Beverages - Alcoholic industry
Industry Median: 5.475 vs FRA:B9B: -1.46

BHB Brauholding Bayern-Mitte AG  (FRA:B9B) 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
=-0.402/10.5925
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.402 / 17.538)*(17.538 / 17.105)*(17.105 / 10.5925)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.29 %*1.0253*1.6148
=ROA %*Equity Multiplier
=-2.35 %*1.6148
=-3.80 %

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
=-0.402/10.5925
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.402 / -0.208) * (-0.208 / -0.138) * (-0.138 / 17.538) * (17.538 / 17.105) * (17.105 / 10.5925)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.9327 * 1.5072 * -0.79 % * 1.0253 * 1.6148
=-3.80 %

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.


BHB Brauholding Bayern-Mitte AG ROE % Related Terms


BHB Brauholding Bayern-Mitte AG ROE % Historical Data

* Premium members only.

The historical data trend for BHB Brauholding Bayern-Mitte AG'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.

BHB Brauholding Bayern-Mitte AG ROE % Chart

BHB Brauholding Bayern-Mitte AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.41 3.22 2.12 -2.64 -1.46

BHB Brauholding Bayern-Mitte AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.63 5.38 -10.77 0.86 -3.80

FRA:B9B vs BUD, STZ, TAP: ROE % Comparison

For the Beverages - Brewers subindustry, BHB Brauholding Bayern-Mitte AG'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.


BHB Brauholding Bayern-Mitte AG ROE % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, BHB Brauholding Bayern-Mitte AG's ROE % distribution charts can be found below:

* The bar in red indicates where BHB Brauholding Bayern-Mitte AG's ROE % falls into.


FRA:B9B
68GF Score
BHB Brauholding Bayern-Mitte AG FRA:B9B
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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BHB Brauholding Bayern-Mitte AG ROE % Calculation

BHB Brauholding Bayern-Mitte AG'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 )
=-0.154/( (10.653+10.499)/ 2 )
=-0.154/10.576
=-1.46 %

BHB Brauholding Bayern-Mitte AG'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 )
=-0.402/( (10.686+10.499)/ 2 )
=-0.402/10.5925
=-3.80 %

* 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 -3.80% mean?
BHB Brauholding Bayern-Mitte AG (FRA:B9B) has a ROE % of -3.80% 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 BHB Brauholding Bayern-Mitte AG and its competitors. According to the industry distribution chart, BHB Brauholding Bayern-Mitte AG ranks #161 out of 206 companies in the Beverages - Alcoholic industry, placing it in the top 78.2%.
Is BHB Brauholding Bayern-Mitte AG's ROE % too high?
BHB Brauholding Bayern-Mitte AG's current ROE % is -3.80%. Based on the distribution chart, BHB Brauholding Bayern-Mitte AG ranks #161 out of 206 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, BHB Brauholding Bayern-Mitte AG has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BHB Brauholding Bayern-Mitte AG's ROE % compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, BHB Brauholding Bayern-Mitte AG ranks #161 out of 206 companies for ROE %. This places BHB Brauholding Bayern-Mitte AG in the lower half of its industry. The industry median ROE % is 5.48. 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 Beverages - Alcoholic company?
The median ROE % among Beverages - Alcoholic companies is 5.48, based on 206 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 BHB Brauholding Bayern-Mitte AG and its competitors. For the Beverages - Alcoholic industry, the median ROE % is 5.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BHB Brauholding Bayern-Mitte AG's current ROE % is -3.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BHB Brauholding Bayern-Mitte AG stock overvalued right now?
Based on GuruFocus' analysis, BHB Brauholding Bayern-Mitte AG (FRA:B9B) is currently considered Modestly Undervalued. The stock's GF Value™ is €2.46, compared to a current price of €2.02 — trading 17.9% below its estimated fair value. The current ROE % is -3.80%. BHB Brauholding Bayern-Mitte AG's overall GF Score™ is 68/100 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 BHB Brauholding Bayern-Mitte AG (FRA:B9B), the current ROE % is -3.80% 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 BHB Brauholding Bayern-Mitte AG (FRA:B9B) Overvalued in 2026?

Based on GuruFocus' analysis, BHB Brauholding Bayern-Mitte AG stock appears to be undervalued. The current stock price of €2.02 is trading 17.9% below its estimated GF Value™ of €2.46. GuruFocus considers BHB Brauholding Bayern-Mitte AG to be Modestly Undervalued.

Key valuation signals for FRA:B9B:

  • ROE %: -3.80%
  • GF Value™: €2.46 vs. price of €2.02 (17.9% below fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the FRA:B9B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BHB Brauholding Bayern-Mitte AG Business Description

Address Manchinger Strasse 95, Ingolstadt, BY, DEU, 85053
BHB Brauholding Bayern-Mitte AG is a holding company. Along with its subsidiaries, it is mainly engaged in the in-house production and distribution of beers and non-alcoholic beverages, and the trading of beverages from other manufacturers. The group's brand portfolio comprises 10 wheat beers, 29 bottom-fermented beer specialties, and three beer-based mixed drinks. Additionally, it is involved in the operation of restaurants and the associated marketing, and offers a wide variety of mineral waters and non-alcoholic soft drinks.
68GF Score

Get the complete analysis for FRA:B9B

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

€2.02
Price
€2.46
GF Value