FutureFRA:FNWA 61 ROE % is 2.39% as of Mar. 2026, which is 64% below its 10-year median of 6.69. GuruFocus rates FRA:FNWA with a GF Score™ of 61/100 and a GF Value™ of €9.11 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 958 Media - Diversified companies, Future ranks better than 53.44% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Future's annualized net income for the quarter that ended in Mar. 2026 was €28.1 Mil. Future's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €1,179.3 Mil. Therefore, Future's annualized ROE % for the quarter that ended in Mar. 2026 was 2.39%.
The historical rank and industry rank for Future's ROE % or its related term are showing as below:
FRA:FNWA'
s ROE % Range Over the Past 10 Years
Min: -53.99 Med: 6.69 Max: 14.9
Current: 3.49
During the past 13 years, Future's highest ROE % was 14.90%. The lowest was -53.99%. And the median was 6.69%.
FRA:FNWA's ROE % is ranked better than 53.44% of 958
companies
in the Media - Diversified industry
Industry Median: 2.47
vs FRA:FNWA: 3.49
Future (FRA:FNWA) 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 two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.
Future ROE % Related Terms
Future ROE % Historical Data
* Premium members only.
The historical data trend for Future'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 Publishing subindustry, Future'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.
Future ROE % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Future's ROE % distribution charts can be found below:
* The bar in red indicates where Future'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 (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Future (FRA:FNWA) has a ROE % of 2.39% 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 Future and its competitors. This is 64% below median its historical median of 6.69. According to the industry distribution chart, Future ranks #446 out of 958 companies in the Media - Diversified industry, placing it in the top 46.6%.
Is Future's ROE % too high?
Future's current ROE % of 2.39% is 64% below median its 10-year median of 6.69. The Media - Diversified industry median ROE % is 2.47. Future's value of 2.39% is 3.2% below this industry median. Based on the distribution chart, Future ranks #446 out of 958 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Future has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Future's ROE % compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Future ranks #446 out of 958 companies for ROE %. This puts Future in the upper half of its industry. The industry median ROE % is 2.47. Future's value of 2.39% is 3.2% below this benchmark. While the company's 10-year median is 6.69 vs. the industry median of 2.47, Future has consistently been below 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 Media - Diversified company?
The median ROE % among Media - Diversified companies is 2.47, based on 958 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. Future's current ROE % of 2.39% is 3.2% below 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 Future and its competitors. For the Media - Diversified industry, the median ROE % is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Future's current ROE % is 2.39%, which is 64% below median its own 10-year median of 6.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future stock overvalued right now?
Based on GuruFocus' analysis, Future (FRA:FNWA) is currently considered Possible Value Trap. The stock's GF Value™ is €9.11, compared to a current price of €3.30 — trading 63.8% below its estimated fair value. The current ROE % is 2.39%, which is 64% below median its 10-year median of 6.69 and 3.2% below the Media - Diversified industry median of 2.47. Future's overall GF Score™ is 61/100 with 6 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 Future (FRA:FNWA), the current ROE % is 2.39% 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 Future (FRA:FNWA) Overvalued in 2026?
Based on GuruFocus' analysis, Future stock appears to be undervalued.
The current stock price of €3.30 is trading 63.8% below its estimated GF Value™ of €9.11.
GuruFocus considers Future to be Possible Value Trap.
Key valuation signals for FRA:FNWA:
ROE %: 2.39% (64% below median its 10-year median of 6.69)
GF Value™: €9.11 vs. price of €3.30 (63.8% below fair value)
Industry Position: 3.2% below the Media - Diversified median (#446 of 958)
No single metric tells the full story. See the FRA:FNWA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Future PLC is a platform for specialist media underpinned by proprietary technology and enabled by data, with diversified revenue streams. It focuses on various areas which include technology, games, films, music, and photography under brands such as Louder, Tom's Guide, PC Gamer, Digital Camera World, Marie Claire, and others. The company functions through the following divisions; the Media division which generates maximum revenue includes income from digital advertising, affiliate revenue for products, rewards, price comparison and events; and the Magazine division includes revenue associated with digital or printed magazines or bookazines from advertising, to subscriptions, to newstrade. Its reportable segments include the United Kingdom which derives key revenue, and the United States.
61GF Score
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