Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
United Bankers OyjFRA:DX0 73 ROE % is 19.56% as of Jun. 2026, which is 2% above its 10-year median of 19.22. GuruFocus rates FRA:DX0 with a GF Score™ of 73/100 and a GF Value™ of €16.94 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,608 Asset Management companies, United Bankers Oyj ranks better than 80.1% on this metric.
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 two times the semi-annual (Jun. 2026) net income data. The Revenue data used here is two times the semi-annual (Jun. 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.
United Bankers Oyj ROE % Related Terms
United Bankers Oyj ROE % Historical Data
* Premium members only.
The historical data trend for United Bankers 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, United Bankers 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.
United Bankers Oyj ROE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, United Bankers Oyj's ROE % distribution charts can be found below:
* The bar in red indicates where United Bankers 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 two times the semi-annual (Jun. 2026) net income data.
ROE % is displayed in the 30-year financial page.
United Bankers Oyj (FRA:DX0) has a ROE % of 19.56% as of Jun. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on United Bankers Oyj and its competitors. This is near median its historical median of 19.22. Over the past decade, United Bankers Oyj's ROE % has ranged from 1.60 to 32.13. According to the industry distribution chart, United Bankers Oyj ranks #320 out of 1608 companies in the Asset Management industry, placing it in the top 19.9%.
Is United Bankers Oyj's ROE % too high?
United Bankers Oyj's current ROE % of 19.56% is near median its 10-year median of 19.22. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 32.13. The Asset Management industry median ROE % is 6.90. United Bankers Oyj's value of 19.56% is 183.5% above this industry median. Based on the distribution chart, United Bankers Oyj ranks #320 out of 1608 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, United Bankers Oyj has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United Bankers Oyj's ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, United Bankers Oyj ranks #320 out of 1608 companies for ROE %. This places United Bankers Oyj in the top 20% of its industry — outperforming the majority of peers. The industry median ROE % is 6.90. United Bankers Oyj's value of 19.56% is 183.5% above this benchmark. Historically, United Bankers Oyj's own ROE % has ranged from 1.60 to 32.13 over the past decade. While the company's 10-year median is 19.22 vs. the industry median of 6.90, United Bankers 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 6.90, based on 1,608 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. United Bankers Oyj's current ROE % of 19.56% is 183.5% 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 United Bankers Oyj and its competitors. For the Asset Management industry, the median ROE % is 6.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Bankers Oyj's current ROE % is 19.56%, which is near median its own 10-year median of 19.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Bankers Oyj stock overvalued right now?
Based on GuruFocus' analysis, United Bankers Oyj (FRA:DX0) is currently considered Modestly Overvalued. The stock's GF Value™ is €16.94, compared to a current price of €22.60 — trading 33.4% above its estimated fair value. The current ROE % is 19.56%, which is near median its 10-year median of 19.22 and 183.5% above the Asset Management industry median of 6.90. United Bankers Oyj's overall GF Score™ is 73/100 with 7 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 United Bankers Oyj (FRA:DX0), the current ROE % is 19.56% as of Jun. 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 United Bankers Oyj (FRA:DX0) Overvalued in 2026?
Based on GuruFocus' analysis, United Bankers Oyj stock appears to be overvalued.
The current stock price of €22.60 is trading 33.4% above its estimated GF Value™ of €16.94.
GuruFocus considers United Bankers Oyj to be Modestly Overvalued.
Key valuation signals for FRA:DX0:
ROE %: 19.56% (near median its 10-year median of 19.22)
GF Value™: €16.94 vs. price of €22.60 (33.4% above fair value)
Industry Position: 183.5% above the Asset Management median (#320 of 1608)
No single metric tells the full story. See the FRA:DX0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
United Bankers Oyj provides investment products and services. The company has two business areas, wealth management and capital markets services. In wealth management, the Group specializes in real asset investments including forest real estate, and infrastructure funds. The majority of the income from operations is generated by the wealth management segment, whose customers include individuals, companies, and institutions.
73GF Score
Get the complete analysis for FRA:DX0
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:DX0 has been successfully added to your 
