Cherry SE (FRA:C3RY) ROE %: -33.48% (As of Mar. 2026)


FRA:C3RY Cherry SE FRA:C3RY
46 GF Score
Price €0.30
GF Value €1.80
Valuation Possible Value Trap
! 3 Warning Signs
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What is Cherry SE ROE %?

Cherry SE FRA:C3RY -5.94% 46 ROE % is -33.48% as of Mar. 2026. GuruFocus rates FRA:C3RY with a GF Score™ of 46/100 and a GF Value™ of €1.80 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,423 Hardware companies, Cherry SE ranks worse than 91.83% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Cherry SE's annualized net income for the quarter that ended in Mar. 2026 was €-15.86 Mil. Cherry SE's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €47.36 Mil. Therefore, Cherry SE's annualized ROE % for the quarter that ended in Mar. 2026 was -33.48%.

The historical rank and industry rank for Cherry SE's ROE % or its related term are showing as below:

FRA:C3RY' s ROE % Range Over the Past 10 Years
Min: -67.86   Med: -13.11   Max: 4.26
Current: -32.55

During the past 6 years, Cherry SE's highest ROE % was 4.26%. The lowest was -67.86%. And the median was -13.11%.

FRA:C3RY's ROE % is ranked worse than
91.83% of 2423 companies
in the Hardware industry
Industry Median: 4.61 vs FRA:C3RY: -32.55

Cherry SE  (FRA:C3RY) 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
=-15.856/47.356
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-15.856 / 83.232)*(83.232 / 123.563)*(123.563 / 47.356)
=Net Margin %*Asset Turnover*Equity Multiplier
=-19.05 %*0.6736*2.6092
=ROA %*Equity Multiplier
=-12.83 %*2.6092
=-33.48 %

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
=-15.856/47.356
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-15.856 / -14.044) * (-14.044 / -11.916) * (-11.916 / 83.232) * (83.232 / 123.563) * (123.563 / 47.356)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.129 * 1.1786 * -14.32 % * 0.6736 * 2.6092
=-33.48 %

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.


Cherry SE ROE % Related Terms


Cherry SE ROE % Historical Data

* Premium members only.

The historical data trend for Cherry SE'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.

Cherry SE ROE % Chart

Cherry SE Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROE %
Get a 7-Day Free Trial -10.62 4.26 -13.11 -67.86 -45.54

Cherry SE Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 -135.88 -31.01 -51.84 -40.29 -33.48

FRA:C3RY vs DELL, SNDK, ANET: ROE % Comparison

For the Computer Hardware subindustry, Cherry SE'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.


Cherry SE ROE % vs Hardware Industry

For the Hardware industry and Technology sector, Cherry SE's ROE % distribution charts can be found below:

* The bar in red indicates where Cherry SE's ROE % falls into.


FRA:C3RY
46GF Score
Cherry SE FRA:C3RY
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cherry SE ROE % Calculation

Cherry SE's annualized ROE % for the fiscal year that ended in Dec. 2024 is calculated as

ROE %=Net Income (A: Dec. 2024 )/( (Total Stockholders Equity (A: Dec. 2023 )+Total Stockholders Equity (A: Dec. 2024 ))/ count )
=-45.453/( (122.109+77.516)/ 2 )
=-45.453/99.8125
=-45.54 %

Cherry SE's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-15.856/( (56.296+38.416)/ 2 )
=-15.856/47.356
=-33.48 %

* 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 -33.48% mean?
Cherry SE (FRA:C3RY) has a ROE % of -33.48% 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 Cherry SE and its competitors. According to the industry distribution chart, Cherry SE ranks #2225 out of 2423 companies in the Hardware industry, placing it in the top 91.8%.
Is Cherry SE's ROE % too high?
Cherry SE's current ROE % is -33.48%. Based on the distribution chart, Cherry SE ranks #2225 out of 2423 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Cherry SE has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cherry SE's ROE % compare to DELL and SNDK?
According to the Hardware industry distribution chart, Cherry SE ranks #2225 out of 2423 companies for ROE %. This places Cherry SE in the lower half of its industry. The industry median ROE % is 4.61. 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 Hardware company?
The median ROE % among Hardware companies is 4.61, based on 2,423 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 Cherry SE and its competitors. For the Hardware industry, the median ROE % is 4.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cherry SE's current ROE % is -33.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cherry SE stock overvalued right now?
Based on GuruFocus' analysis, Cherry SE (FRA:C3RY) is currently considered Possible Value Trap. The stock's GF Value™ is €1.80, compared to a current price of €0.30 — trading 83.3% below its estimated fair value. The current ROE % is -33.48%. Cherry SE's overall GF Score™ is 46/100 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 Cherry SE (FRA:C3RY), the current ROE % is -33.48% 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 Cherry SE (FRA:C3RY) Overvalued in 2026?

Based on GuruFocus' analysis, Cherry SE stock appears to be undervalued. The current stock price of €0.30 is trading 83.3% below its estimated GF Value™ of €1.80. GuruFocus considers Cherry SE to be Possible Value Trap.

Key valuation signals for FRA:C3RY:

  • ROE %: -33.48%
  • GF Value™: €1.80 vs. price of €0.30 (83.3% below fair value)
  • GF Score™: 46/100 with 3 warning signs

No single metric tells the full story. See the FRA:C3RY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cherry SE Business Description

Other Exchanges C3RY:Germany
Address c/o Mindspace, Rosental 7, Munich, DEU, 80331
Cherry SE is a manufacturer of high-end mechanical keyboard switches and computer input devices such as keyboards, mice, microphones, and headsets for gaming and e-sports and (hybrid) office workstation applications as well as industrial applications and the healthcare sector. The product offerings of the company include USB-A / USB-C Adapters, Mice, Accessories, and other products. The company's activities are divided into three different business segments: Components segment; Gaming & Office Peripherals segment; and Digital Health & Solutions segment. It generates majority of its revenue from Gaming & Office Peripherals segment which includes the business with computer peripherals for professional use in gaming and e-sports as well as for use in (hybrid) office solutions and industry.
46GF Score

Get the complete analysis for FRA:C3RY

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

€0.30
Price
€1.80
GF Value