Botnia Gold AB (FRA:F77) ROE %: 42.38% (As of Mar. 2026)


FRA:F77 Botnia Gold AB FRA:F77
28 GF Score
Price €1.08
! 2 Warning Signs
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What is Botnia Gold AB ROE %?

Botnia Gold AB FRA:F77 28 ROE % is 42.38% as of Mar. 2026. GuruFocus rates FRA:F77 with a GF Score™ of 28/100. The stock has 2 warning signs investors should review. Among 2,389 Metals & Mining companies, Botnia Gold AB ranks better than 95.48% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Botnia Gold AB's annualized net income for the quarter that ended in Mar. 2026 was €8.71 Mil. Botnia Gold AB's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €20.56 Mil. Therefore, Botnia Gold AB's annualized ROE % for the quarter that ended in Mar. 2026 was 42.38%.

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

FRA:F77' s ROE % Range Over the Past 10 Years
Min: -18.54   Med: -6.31   Max: 43.03
Current: 43.03

During the past 13 years, Botnia Gold AB's highest ROE % was 43.03%. The lowest was -18.54%. And the median was -6.31%.

FRA:F77's ROE % is ranked better than
95.48% of 2389 companies
in the Metals & Mining industry
Industry Median: -16.02 vs FRA:F77: 43.03

Botnia Gold AB  (FRA:F77) 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
=8.712/20.557
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8.712 / 43.648)*(43.648 / 27.254)*(27.254 / 20.557)
=Net Margin %*Asset Turnover*Equity Multiplier
=19.96 %*1.6015*1.3258
=ROA %*Equity Multiplier
=31.97 %*1.3258
=42.38 %

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
=8.712/20.557
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (8.712 / 11.044) * (11.044 / 15.116) * (15.116 / 43.648) * (43.648 / 27.254) * (27.254 / 20.557)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7888 * 0.7306 * 34.63 % * 1.6015 * 1.3258
=42.38 %

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.


Botnia Gold AB ROE % Related Terms


Botnia Gold AB ROE % Historical Data

* Premium members only.

The historical data trend for Botnia Gold 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.

Botnia Gold AB ROE % Chart

Botnia Gold 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 -6.38 -6.41 -5.23 14.88 26.88

Botnia Gold 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 -26.21 81.66 -25.97 75.28 42.38

FRA:F77 vs NEM, AU, CDE: ROE % Comparison

For the Gold subindustry, Botnia Gold 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.


Botnia Gold AB ROE % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Botnia Gold AB's ROE % distribution charts can be found below:

* The bar in red indicates where Botnia Gold AB's ROE % falls into.


FRA:F77
28GF Score
Botnia Gold AB FRA:F77
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Botnia Gold AB ROE % Calculation

Botnia Gold 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 )
=4.494/( (14.072+19.368)/ 2 )
=4.494/16.72
=26.88 %

Botnia Gold 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 )
=8.712/( (19.368+21.746)/ 2 )
=8.712/20.557
=42.38 %

* 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 42.38% mean?
Botnia Gold AB (FRA:F77) has a ROE % of 42.38% 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 Botnia Gold AB and its competitors. According to the industry distribution chart, Botnia Gold AB ranks #108 out of 2389 companies in the Metals & Mining industry, placing it in the top 4.5%.
Is Botnia Gold AB's ROE % too high?
Botnia Gold AB's current ROE % is 42.38%. Based on the distribution chart, Botnia Gold AB ranks #108 out of 2389 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Botnia Gold AB has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Botnia Gold AB's ROE % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Botnia Gold AB ranks #108 out of 2389 companies for ROE %. This places Botnia Gold AB in the top 5% of its industry — outperforming the majority of peers. 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 Metals & Mining company?
A good ROE % depends on the Metals & Mining industry context. 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 Botnia Gold AB and its competitors. Botnia Gold AB's current ROE % is 42.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Botnia Gold AB stock overvalued right now?
Botnia Gold AB (FRA:F77) has a current ROE % of 42.38%. The current ROE % is 42.38%. Botnia Gold AB's overall GF Score™ is 28/100 with 2 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 Botnia Gold AB (FRA:F77), the current ROE % is 42.38% 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.

Botnia Gold AB Business Description

Other Exchanges BOTX:Sweden
Address Lill-Fabodtjarnen 1, Vindelgransele, SWE, 92174
Botnia Gold AB is engaged in mining and exploration of gold and other metals. Its projects include Vindelgransele, Vargbacken and Fabodtjarn in Sweden.
28GF Score

Get the complete analysis for FRA:F77

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

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