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Goldmanchs BDCFRA:GSB -0.51%50 ROE % is 6.96% as of Jun. 2026, which is 5% below its 10-year median of 7.30. GuruFocus rates FRA:GSB with a GF Score™ of 50/100 and a GF Value™ of €6.44 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,596 Asset Management companies, Goldmanchs BDC ranks worse than 60.65% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Goldmanchs BDC's annualized net income for the quarter that ended in Jun. 2026 was €82.23 Mil. Goldmanchs BDC's average Total Stockholders Equity over the quarter that ended in Jun. 2026 was €1,181.74 Mil. Therefore, Goldmanchs BDC's annualized ROE % for the quarter that ended in Jun. 2026 was 6.96%.
The historical rank and industry rank for Goldmanchs BDC's ROE % or its related term are showing as below:
FRA:GSB'
s ROE % Range Over the Past 10 Years
Min: 3.53 Med: 7.3 Max: 15.37
Current: 4.11
During the past 13 years, Goldmanchs BDC's highest ROE % was 15.37%. The lowest was 3.53%. And the median was 7.30%.
FRA:GSB's ROE % is ranked worse than 60.65% of 1596
companies
in the Asset Management industry
Industry Median: 6.845
vs FRA:GSB: 4.11
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 (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (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.
Goldmanchs BDC ROE % Related Terms
Goldmanchs BDC ROE % Historical Data
* Premium members only.
The historical data trend for Goldmanchs BDC'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, Goldmanchs BDC'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.
Goldmanchs BDC ROE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Goldmanchs BDC's ROE % distribution charts can be found below:
* The bar in red indicates where Goldmanchs BDC'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 (Jun. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Goldmanchs BDC (FRA:GSB) has a ROE % of 6.96% 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 Goldmanchs BDC and its competitors. This is near median its historical median of 7.30. Over the past decade, Goldmanchs BDC's ROE % has ranged from 3.53 to 15.37. According to the industry distribution chart, Goldmanchs BDC ranks #968 out of 1596 companies in the Asset Management industry, placing it in the top 60.7%.
Is Goldmanchs BDC's ROE % too high?
Goldmanchs BDC's current ROE % of 6.96% is near median its 10-year median of 7.30. Over the past 10 years, this metric has ranged from a low of 3.53 to a high of 15.37. The Asset Management industry median ROE % is 6.85. Goldmanchs BDC's value of 6.96% is 1.7% above this industry median. Based on the distribution chart, Goldmanchs BDC ranks #968 out of 1596 companies in the Asset Management industry, which is below the industry midpoint. Overall, Goldmanchs BDC has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goldmanchs BDC's ROE % compare to FRBP and AOD?
According to the Asset Management industry distribution chart, Goldmanchs BDC ranks #968 out of 1596 companies for ROE %. This places Goldmanchs BDC in the lower half of its industry. The industry median ROE % is 6.85. Goldmanchs BDC's value of 6.96% is 1.7% above this benchmark. Historically, Goldmanchs BDC's own ROE % has ranged from 3.53 to 15.37 over the past decade. While the company's 10-year median is 7.30 vs. the industry median of 6.85, Goldmanchs BDC 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 6.85, based on 1,596 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. Goldmanchs BDC's current ROE % of 6.96% is 1.7% 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 Goldmanchs BDC and its competitors. For the Asset Management industry, the median ROE % is 6.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goldmanchs BDC's current ROE % is 6.96%, which is near median its own 10-year median of 7.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldmanchs BDC stock overvalued right now?
Based on GuruFocus' analysis, Goldmanchs BDC (FRA:GSB) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.44, compared to a current price of €8.27 — trading 28.3% above its estimated fair value. The current ROE % is 6.96%, which is near median its 10-year median of 7.30 and 1.7% above the Asset Management industry median of 6.85. Goldmanchs BDC's overall GF Score™ is 50/100 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 Goldmanchs BDC (FRA:GSB), the current ROE % is 6.96% 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 Goldmanchs BDC (FRA:GSB) Overvalued in 2026?
Based on GuruFocus' analysis, Goldmanchs BDC stock appears to be overvalued.
The current stock price of €8.27 is trading 28.3% above its estimated GF Value™ of €6.44.
GuruFocus considers Goldmanchs BDC to be Modestly Overvalued.
Key valuation signals for FRA:GSB:
ROE %: 6.96% (near median its 10-year median of 7.30)
GF Value™: €6.44 vs. price of €8.27 (28.3% above fair value)
Industry Position: 1.7% above the Asset Management median (#968 of 1596)
No single metric tells the full story. See the FRA:GSB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goldman Sachs BDC Inc is a non-diversified, closed-end management investment company that elected to be regulated as a business development company focused on lending to middle-market companies. The investment objective is to generate current income and, to a lesser extent, capital appreciation through direct originations of secured debt, including the first lien, unitranche and second lien debt, and unsecured debt. It invests in U.S. middle-market companies such as banks and the public debt markets. The company focuses on the negotiation and structuring of the loans or securities in which it invests and holding the investments in its portfolio to maturity. It generates majority revenue in the form of interest income and dividend income.
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