BYD CoFRA:BY6 -3.17%93 ROE % is 6.70% as of Mar. 2026, which is 32% below its 10-year median of 9.89. GuruFocus rates FRA:BY6 with a GF Score™ of 93/100 and a GF Value™ of €10.72 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,308 Vehicles & Parts companies, BYD Co ranks better than 69.95% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. BYD Co's annualized net income for the quarter that ended in Mar. 2026 was €2,051 Mil. BYD Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €30,614 Mil. Therefore, BYD Co's annualized ROE % for the quarter that ended in Mar. 2026 was 6.70%.
The historical rank and industry rank for BYD Co's ROE % or its related term are showing as below:
FRA:BY6'
s ROE % Range Over the Past 10 Years
Min: 2.88 Med: 9.89 Max: 24.84
Current: 11.41
During the past 13 years, BYD Co's highest ROE % was 24.84%. The lowest was 2.88%. And the median was 9.89%.
FRA:BY6's ROE % is ranked better than 69.95% of 1308
companies
in the Vehicles & Parts industry
Industry Median: 6.62
vs FRA:BY6: 11.41
BYD Co (FRA:BY6) 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.
BYD Co ROE % Related Terms
BYD Co ROE % Historical Data
* Premium members only.
The historical data trend for BYD Co'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 Auto Manufacturers subindustry, BYD Co'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.
BYD Co ROE % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, BYD Co's ROE % distribution charts can be found below:
* The bar in red indicates where BYD Co'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.
BYD Co (FRA:BY6) has a ROE % of 6.70% 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 BYD Co and its competitors. This is 32% below median its historical median of 9.89. Over the past decade, BYD Co's ROE % has ranged from 2.88 to 24.84. According to the industry distribution chart, BYD Co ranks #393 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 30%.
Is BYD Co's ROE % too high?
BYD Co's current ROE % of 6.70% is 32% below median its 10-year median of 9.89. Over the past 10 years, this metric has ranged from a low of 2.88 to a high of 24.84. The Vehicles & Parts industry median ROE % is 6.62. BYD Co's value of 6.70% is 1.2% above this industry median. Based on the distribution chart, BYD Co ranks #393 out of 1308 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, BYD Co has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BYD Co's ROE % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, BYD Co ranks #393 out of 1308 companies for ROE %. This puts BYD Co in the upper half of its industry. The industry median ROE % is 6.62. BYD Co's value of 6.70% is 1.2% above this benchmark. Historically, BYD Co's own ROE % has ranged from 2.88 to 24.84 over the past decade. While the company's 10-year median is 9.89 vs. the industry median of 6.62, BYD Co 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 a Vehicles & Parts company?
The median ROE % among Vehicles & Parts companies is 6.62, based on 1,308 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. BYD Co's current ROE % of 6.70% is 1.2% 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 BYD Co and its competitors. For the Vehicles & Parts industry, the median ROE % is 6.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BYD Co's current ROE % is 6.70%, which is 32% below median its own 10-year median of 9.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BYD Co stock overvalued right now?
Based on GuruFocus' analysis, BYD Co (FRA:BY6) is currently considered Modestly Undervalued. The stock's GF Value™ is €10.72, compared to a current price of €8.27 — trading 22.9% below its estimated fair value. The current ROE % is 6.70%, which is 32% below median its 10-year median of 9.89 and 1.2% above the Vehicles & Parts industry median of 6.62. BYD Co's overall GF Score™ is 93/100 with 5 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 BYD Co (FRA:BY6), the current ROE % is 6.70% 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 BYD Co (FRA:BY6) Overvalued in 2026?
Based on GuruFocus' analysis, BYD Co stock appears to be undervalued.
The current stock price of €8.27 is trading 22.9% below its estimated GF Value™ of €10.72.
GuruFocus considers BYD Co to be Modestly Undervalued.
Key valuation signals for FRA:BY6:
ROE %: 6.70% (32% below median its 10-year median of 9.89)
GF Value™: €10.72 vs. price of €8.27 (22.9% below fair value)
Industry Position: 1.2% above the Vehicles & Parts median (#393 of 1308)
No single metric tells the full story. See the FRA:BY6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1995, BYD is a leading Chinese manufacturer in the design, development, and production of new energy vehicles, or NEVs. In March 2022, the firm discontinued production of internal combustion engine, or ICE, vehicles. Its products primarily target the growing midpriced mass-market segment in China's passenger vehicle market. The company sold about 4.6 million passenger NEVs in 2025, accounting for 30% of the Chinese passenger NEV market. Besides automobile production, the company is also engaged in handset components and assembly services, as well as the rechargeable battery and photovoltaics business. After more than 25 years of development, the company has established over 30 industrial parks worldwide.
93GF Score
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