Art's-Way Manufacturing Co (FRA:ID2) ROE %: 5.09% (As of May. 2026)

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FRA:ID2 Art's-Way Manufacturing Co Inc FRA:ID2
55 GF Score
Price €2.56
GF Value €1.57
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Art's-Way Manufacturing Co ROE %?

Art's-Way Manufacturing Co FRA:ID2 -2.29% 55 ROE % is 5.09% as of May. 2026. GuruFocus rates FRA:ID2 with a GF Score™ of 55/100 and a GF Value™ of €1.57 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 205 Farm & Heavy Construction Machinery companies, Art's-Way Manufacturing Co ranks worse than 80.49% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Art's-Way Manufacturing Co's annualized net income for the quarter that ended in May. 2026 was €0.59 Mil. Art's-Way Manufacturing Co's average Total Stockholders Equity over the quarter that ended in May. 2026 was €11.64 Mil. Therefore, Art's-Way Manufacturing Co's annualized ROE % for the quarter that ended in May. 2026 was 5.09%.

The historical rank and industry rank for Art's-Way Manufacturing Co's ROE % or its related term are showing as below:

FRA:ID2' s ROE % Range Over the Past 10 Years
Min: -23.34   Med: -1.83   Max: 8.15
Current: -0.17

During the past 13 years, Art's-Way Manufacturing Co's highest ROE % was 8.15%. The lowest was -23.34%. And the median was -1.83%.

FRA:ID2's ROE % is ranked worse than
80.49% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 7.79 vs FRA:ID2: -0.17

Art's-Way Manufacturing Co  (FRA:ID2) 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: May. 2026 )
=Net Income/Total Stockholders Equity
=0.592/11.638
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.592 / 26.892)*(26.892 / 20.5245)*(20.5245 / 11.638)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.2 %*1.3102*1.7636
=ROA %*Equity Multiplier
=2.88 %*1.7636
=5.09 %

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: May. 2026 )
=Net Income/Total Stockholders Equity
=0.592/11.638
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.592 / 0.772) * (0.772 / 0.984) * (0.984 / 26.892) * (26.892 / 20.5245) * (20.5245 / 11.638)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7668 * 0.7846 * 3.66 % * 1.3102 * 1.7636
=5.09 %

Note: The net income data used here is four times the quarterly (May. 2026) net income data. The Revenue data used here is four times the quarterly (May. 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.


Art's-Way Manufacturing Co ROE % Related Terms


Art's-Way Manufacturing Co ROE % Historical Data

* Premium members only.

The historical data trend for Art's-Way Manufacturing Co'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.

Art's-Way Manufacturing Co ROE % Chart

Art's-Way Manufacturing Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.14 0.96 2.28 2.61 7.82

Art's-Way Manufacturing Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 44.42 7.26 -19.06 5.78 5.09

FRA:ID2 vs GP, CLEV, HCAI: ROE % Comparison

For the Farm & Heavy Construction Machinery subindustry, Art's-Way Manufacturing Co'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.


Art's-Way Manufacturing Co ROE % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Art's-Way Manufacturing Co's ROE % distribution charts can be found below:

* The bar in red indicates where Art's-Way Manufacturing Co's ROE % falls into.


FRA:ID2
55GF Score
Art's-Way Manufacturing Co Inc FRA:ID2
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Art's-Way Manufacturing Co ROE % Calculation

Art's-Way Manufacturing Co's annualized ROE % for the fiscal year that ended in Nov. 2025 is calculated as

ROE %=Net Income (A: Nov. 2025 )/( (Total Stockholders Equity (A: Nov. 2024 )+Total Stockholders Equity (A: Nov. 2025 ))/ count )
=0.895/( (11.393+11.51)/ 2 )
=0.895/11.4515
=7.82 %

Art's-Way Manufacturing Co's annualized ROE % for the quarter that ended in May. 2026 is calculated as

ROE %=Net Income (Q: May. 2026 )/( (Total Stockholders Equity (Q: Feb. 2026 )+Total Stockholders Equity (Q: May. 2026 ))/ count )
=0.592/( (11.46+11.816)/ 2 )
=0.592/11.638
=5.09 %

* 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 (May. 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 5.09% mean?
Art's-Way Manufacturing Co (FRA:ID2) has a ROE % of 5.09% as of May. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Art's-Way Manufacturing Co and its competitors. According to the industry distribution chart, Art's-Way Manufacturing Co ranks #165 out of 205 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 80.5%.
Is Art's-Way Manufacturing Co's ROE % too high?
Art's-Way Manufacturing Co's current ROE % is 5.09%. The Farm & Heavy Construction Machinery industry median ROE % is 7.79. Art's-Way Manufacturing Co's value of 5.09% is 34.7% below this industry median. Based on the distribution chart, Art's-Way Manufacturing Co ranks #165 out of 205 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Art's-Way Manufacturing Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Art's-Way Manufacturing Co's ROE % compare to GP and CLEV?
According to the Farm & Heavy Construction Machinery industry distribution chart, Art's-Way Manufacturing Co ranks #165 out of 205 companies for ROE %. This places Art's-Way Manufacturing Co in the lower half of its industry. The industry median ROE % is 7.79. Art's-Way Manufacturing Co's value of 5.09% is 34.7% below this benchmark. 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 Farm & Heavy Construction Machinery company?
The median ROE % among Farm & Heavy Construction Machinery companies is 7.79, based on 205 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. Art's-Way Manufacturing Co's current ROE % of 5.09% is 34.7% 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 Art's-Way Manufacturing Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROE % is 7.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Art's-Way Manufacturing Co's current ROE % is 5.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Art's-Way Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Art's-Way Manufacturing Co (FRA:ID2) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.57, compared to a current price of €2.56 — trading 63.1% above its estimated fair value. The current ROE % is 5.09% and 34.7% below the Farm & Heavy Construction Machinery industry median of 7.79. Art's-Way Manufacturing Co's overall GF Score™ is 55/100 with 5 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 Art's-Way Manufacturing Co (FRA:ID2), the current ROE % is 5.09% as of May. 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 Art's-Way Manufacturing Co (FRA:ID2) Overvalued in 2026?

Based on GuruFocus' analysis, Art's-Way Manufacturing Co stock appears to be overvalued. The current stock price of €2.56 is trading 63.1% above its estimated GF Value™ of €1.57. GuruFocus considers Art's-Way Manufacturing Co to be Significantly Overvalued.

Key valuation signals for FRA:ID2:

  • ROE %: 5.09%
  • GF Value™: €1.57 vs. price of €2.56 (63.1% above fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 34.7% below the Farm & Heavy Construction Machinery median (#165 of 205)

No single metric tells the full story. See the FRA:ID2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Art's-Way Manufacturing Co Business Description

Other Exchanges ARTW:USA
Address 5556 Highway 9, P.O. Box 288, Armstrong, IA, USA, 50514
Art's-Way Manufacturing Co Inc is a manufacturer of agricultural equipment. It has two reportable segments: Agricultural Products and Modular Buildings. The Agricultural Products segment fabricates and sells farming products as well as related equipment and replacement parts for these products in the United States and world wide. Its Modular Buildings segment manufactures and installs modular buildings for animal containment and various laboratory uses. It derives revenues from the Agricultural Products segment.
55GF Score

Get the complete analysis for FRA:ID2

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

€2.56
Price
€1.57
GF Value