Beijer Ref AB (FRA:BRZ0) ROE %: 8.57% (As of Mar. 2026) — 49% Below Median


FRA:BRZ0 Beijer Ref AB FRA:BRZ0
95 GF Score
Price €12.66
GF Value €14.06
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Beijer Ref AB ROE %?

Beijer Ref AB FRA:BRZ0 -0.94% 95 ROE % is 8.57% as of Mar. 2026, which is 49% below its 10-year median of 16.82. GuruFocus rates FRA:BRZ0 with a GF Score™ of 95/100 and a GF Value™ of €14.06 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 156 Industrial Distribution companies, Beijer Ref AB ranks better than 64.1% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Beijer Ref AB's annualized net income for the quarter that ended in Mar. 2026 was €177 Mil. Beijer Ref AB's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €2,066 Mil. Therefore, Beijer Ref AB's annualized ROE % for the quarter that ended in Mar. 2026 was 8.57%.

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

FRA:BRZ0' s ROE % Range Over the Past 10 Years
Min: 9.81   Med: 16.82   Max: 22.18
Current: 10.5

During the past 13 years, Beijer Ref AB's highest ROE % was 22.18%. The lowest was 9.81%. And the median was 16.82%.

FRA:BRZ0's ROE % is ranked better than
64.1% of 156 companies
in the Industrial Distribution industry
Industry Median: 7.235 vs FRA:BRZ0: 10.50

Beijer Ref AB  (FRA:BRZ0) 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
=177.136/2066.4445
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(177.136 / 3174.724)*(3174.724 / 4215.3545)*(4215.3545 / 2066.4445)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.58 %*0.7531*2.0399
=ROA %*Equity Multiplier
=4.2 %*2.0399
=8.57 %

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
=177.136/2066.4445
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (177.136 / 236.924) * (236.924 / 277.032) * (277.032 / 3174.724) * (3174.724 / 4215.3545) * (4215.3545 / 2066.4445)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7476 * 0.8552 * 8.73 % * 0.7531 * 2.0399
=8.57 %

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.


Beijer Ref AB ROE % Related Terms


Beijer Ref AB ROE % Historical Data

* Premium members only.

The historical data trend for Beijer Ref 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.

Beijer Ref AB ROE % Chart

Beijer Ref AB 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 20.34 20.56 16.94 9.68 10.44

Beijer Ref 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 8.49 14.31 13.36 5.99 8.57

FRA:BRZ0 vs GWW, FAST, FERG: ROE % Comparison

For the Industrial Distribution subindustry, Beijer Ref 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.


Beijer Ref AB ROE % vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Beijer Ref AB's ROE % distribution charts can be found below:

* The bar in red indicates where Beijer Ref AB's ROE % falls into.


FRA:BRZ0
95GF Score
Beijer Ref AB FRA:BRZ0
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Beijer Ref AB ROE % Calculation

Beijer Ref 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 )
=213.741/( (2092.219+2002.79)/ 2 )
=213.741/2047.5045
=10.44 %

Beijer Ref 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 )
=177.136/( (2002.79+2130.099)/ 2 )
=177.136/2066.4445
=8.57 %

* 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 8.57% mean?
Beijer Ref AB (FRA:BRZ0) has a ROE % of 8.57% 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 Beijer Ref AB and its competitors. This is 49% below median its historical median of 16.82. Over the past decade, Beijer Ref AB's ROE % has ranged from 9.81 to 22.18. According to the industry distribution chart, Beijer Ref AB ranks #56 out of 156 companies in the Industrial Distribution industry, placing it in the top 35.9%.
Is Beijer Ref AB's ROE % too high?
Beijer Ref AB's current ROE % of 8.57% is 49% below median its 10-year median of 16.82. Over the past 10 years, this metric has ranged from a low of 9.81 to a high of 22.18. The Industrial Distribution industry median ROE % is 7.24. Beijer Ref AB's value of 8.57% is 18.5% above this industry median. Based on the distribution chart, Beijer Ref AB ranks #56 out of 156 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Beijer Ref AB has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Beijer Ref AB's ROE % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Beijer Ref AB ranks #56 out of 156 companies for ROE %. This puts Beijer Ref AB in the upper half of its industry. The industry median ROE % is 7.24. Beijer Ref AB's value of 8.57% is 18.5% above this benchmark. Historically, Beijer Ref AB's own ROE % has ranged from 9.81 to 22.18 over the past decade. While the company's 10-year median is 16.82 vs. the industry median of 7.24, Beijer Ref AB 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 Industrial Distribution company?
The median ROE % among Industrial Distribution companies is 7.24, based on 156 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. Beijer Ref AB's current ROE % of 8.57% is 18.5% 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 Beijer Ref AB and its competitors. For the Industrial Distribution industry, the median ROE % is 7.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijer Ref AB's current ROE % is 8.57%, which is 49% below median its own 10-year median of 16.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijer Ref AB stock overvalued right now?
Based on GuruFocus' analysis, Beijer Ref AB (FRA:BRZ0) is currently considered Modestly Undervalued. The stock's GF Value™ is €14.06, compared to a current price of €12.66 — trading 10% below its estimated fair value. The current ROE % is 8.57%, which is 49% below median its 10-year median of 16.82 and 18.5% above the Industrial Distribution industry median of 7.24. Beijer Ref AB's overall GF Score™ is 95/100 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 Beijer Ref AB (FRA:BRZ0), the current ROE % is 8.57% 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 Beijer Ref AB (FRA:BRZ0) Overvalued in 2026?

Based on GuruFocus' analysis, Beijer Ref AB stock appears to be undervalued. The current stock price of €12.66 is trading 10% below its estimated GF Value™ of €14.06. GuruFocus considers Beijer Ref AB to be Modestly Undervalued.

Key valuation signals for FRA:BRZ0:

  • ROE %: 8.57% (49% below median its 10-year median of 16.82)
  • GF Value™: €14.06 vs. price of €12.66 (10% below fair value)
  • GF Score™: 95/100 with 3 warning signs
  • Industry Position: 18.5% above the Industrial Distribution median (#56 of 156)

No single metric tells the full story. See the FRA:BRZ0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijer Ref AB Business Description

Address Stortorget 8, Malmo, SWE, SE-211 34
Beijer Ref AB is a technology-oriented trading group that, through value-added products, offers its customers competitive solutions in refrigeration and air conditioning. The product range consists mainly of products from international manufacturers, and also some manufacturing of the group's own products combined with service and support for the products. Its segments include EMEA, North America and APAC.
95GF Score

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

€12.66
Price
€14.06
GF Value