Motor Oil (Hellas) Corinth Refineries (FRA:MHZ) ROE %: 38.23% (As of Mar. 2026) — 67% Above Median


FRA:MHZ Motor Oil (Hellas) Corinth Refineries SA FRA:MHZ
63 GF Score
Price €38.10
GF Value €22.03
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Motor Oil (Hellas) Corinth Refineries ROE %?

Motor Oil (Hellas) Corinth Refineries FRA:MHZ -0.31% 63 ROE % is 38.23% as of Mar. 2026, which is 67% above its 10-year median of 22.91. GuruFocus rates FRA:MHZ with a GF Score™ of 63/100 and a GF Value™ of €22.03 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 957 Oil & Gas companies, Motor Oil (Hellas) Corinth Refineries ranks better than 90.28% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Motor Oil (Hellas) Corinth Refineries's annualized net income for the quarter that ended in Mar. 2026 was €1,329 Mil. Motor Oil (Hellas) Corinth Refineries's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €3,476 Mil. Therefore, Motor Oil (Hellas) Corinth Refineries's annualized ROE % for the quarter that ended in Mar. 2026 was 38.23%.

The historical rank and industry rank for Motor Oil (Hellas) Corinth Refineries's ROE % or its related term are showing as below:

FRA:MHZ' s ROE % Range Over the Past 10 Years
Min: -9.97   Med: 22.91   Max: 60.06
Current: 28.37

During the past 13 years, Motor Oil (Hellas) Corinth Refineries's highest ROE % was 60.06%. The lowest was -9.97%. And the median was 22.91%.

FRA:MHZ's ROE % is ranked better than
90.28% of 957 companies
in the Oil & Gas industry
Industry Median: 5.71 vs FRA:MHZ: 28.37

Motor Oil (Hellas) Corinth Refineries  (FRA:MHZ) 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
=1328.724/3475.7345
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1328.724 / 13434.572)*(13434.572 / 8480.2875)*(8480.2875 / 3475.7345)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.89 %*1.5842*2.4399
=ROA %*Equity Multiplier
=15.67 %*2.4399
=38.23 %

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
=1328.724/3475.7345
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1328.724 / 1710.924) * (1710.924 / 1902.056) * (1902.056 / 13434.572) * (13434.572 / 8480.2875) * (8480.2875 / 3475.7345)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7766 * 0.8995 * 14.16 % * 1.5842 * 2.4399
=38.23 %

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.


Motor Oil (Hellas) Corinth Refineries ROE % Related Terms


Motor Oil (Hellas) Corinth Refineries ROE % Historical Data

* Premium members only.

The historical data trend for Motor Oil (Hellas) Corinth Refineries'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.

Motor Oil (Hellas) Corinth Refineries ROE % Chart

Motor Oil (Hellas) Corinth Refineries 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 18.47 60.06 34.23 10.52 21.50

Motor Oil (Hellas) Corinth Refineries 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 12.16 10.93 38.61 24.41 38.23

FRA:MHZ vs VLO, MPC, PSX: ROE % Comparison

For the Oil & Gas Refining & Marketing subindustry, Motor Oil (Hellas) Corinth Refineries'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.


Motor Oil (Hellas) Corinth Refineries ROE % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Motor Oil (Hellas) Corinth Refineries's ROE % distribution charts can be found below:

* The bar in red indicates where Motor Oil (Hellas) Corinth Refineries's ROE % falls into.


FRA:MHZ
63GF Score
Motor Oil (Hellas) Corinth Refineries SA FRA:MHZ
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Motor Oil (Hellas) Corinth Refineries ROE % Calculation

Motor Oil (Hellas) Corinth Refineries'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 )
=647.504/( (2723.529+3299.584)/ 2 )
=647.504/3011.5565
=21.50 %

Motor Oil (Hellas) Corinth Refineries'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 )
=1328.724/( (3299.584+3651.885)/ 2 )
=1328.724/3475.7345
=38.23 %

* 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 38.23% mean?
Motor Oil (Hellas) Corinth Refineries (FRA:MHZ) has a ROE % of 38.23% 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 Motor Oil (Hellas) Corinth Refineries and its competitors. This is 67% above median its historical median of 22.91. According to the industry distribution chart, Motor Oil (Hellas) Corinth Refineries ranks #93 out of 957 companies in the Oil & Gas industry, placing it in the top 9.7%.
Is Motor Oil (Hellas) Corinth Refineries' ROE % too high?
Motor Oil (Hellas) Corinth Refineries' current ROE % of 38.23% is 67% above median its 10-year median of 22.91. The Oil & Gas industry median ROE % is 5.71. Motor Oil (Hellas) Corinth Refineries' value of 38.23% is 569.5% above this industry median. Based on the distribution chart, Motor Oil (Hellas) Corinth Refineries ranks #93 out of 957 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Motor Oil (Hellas) Corinth Refineries has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Motor Oil (Hellas) Corinth Refineries' ROE % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Motor Oil (Hellas) Corinth Refineries ranks #93 out of 957 companies for ROE %. This places Motor Oil (Hellas) Corinth Refineries in the top 10% of its industry — outperforming the majority of peers. The industry median ROE % is 5.71. Motor Oil (Hellas) Corinth Refineries' value of 38.23% is 569.5% above this benchmark. While the company's 10-year median is 22.91 vs. the industry median of 5.71, Motor Oil (Hellas) Corinth Refineries 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 Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.71, based on 957 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. Motor Oil (Hellas) Corinth Refineries's current ROE % of 38.23% is 569.5% 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 Motor Oil (Hellas) Corinth Refineries and its competitors. For the Oil & Gas industry, the median ROE % is 5.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Motor Oil (Hellas) Corinth Refineries's current ROE % is 38.23%, which is 67% above median its own 10-year median of 22.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Motor Oil (Hellas) Corinth Refineries stock overvalued right now?
Based on GuruFocus' analysis, Motor Oil (Hellas) Corinth Refineries (FRA:MHZ) is currently considered Significantly Overvalued. The stock's GF Value™ is €22.03, compared to a current price of €38.10 — trading 72.9% above its estimated fair value. The current ROE % is 38.23%, which is 67% above median its 10-year median of 22.91 and 569.5% above the Oil & Gas industry median of 5.71. Motor Oil (Hellas) Corinth Refineries' overall GF Score™ is 63/100 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 Motor Oil (Hellas) Corinth Refineries (FRA:MHZ), the current ROE % is 38.23% 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 Motor Oil (Hellas) Corinth Refineries (FRA:MHZ) Overvalued in 2026?

Based on GuruFocus' analysis, Motor Oil (Hellas) Corinth Refineries stock appears to be overvalued. The current stock price of €38.10 is trading 72.9% above its estimated GF Value™ of €22.03. GuruFocus considers Motor Oil (Hellas) Corinth Refineries to be Significantly Overvalued.

Key valuation signals for FRA:MHZ:

  • ROE %: 38.23% (67% above median its 10-year median of 22.91)
  • GF Value™: €22.03 vs. price of €38.10 (72.9% above fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 569.5% above the Oil & Gas median (#93 of 957)

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


Motor Oil (Hellas) Corinth Refineries Business Description

Industry EnergyOil & Gas
Other Exchanges MOHCY:USAMOH:Greece0MQT:UK
Address 12A, Irodou Attikou Street, Maroussi, GRC, 151 24
Motor Oil (Hellas) Corinth Refineries SA plays a role in the sectors of crude oil refining and marketing of petroleum products in Greece as well as the eastern Mediterranean region, supplying its customers with a wide range of quality products. The refinery, with its ancillary plants and fuel distribution facilities, forms the privately owned industrial complex in Greece. It serves petroleum marketing companies in Greece and internationally. The Group is active in four main operating business segments: Refining Activity, Fuels Marketing Activity, Power and Gas, and Other. It derives maximum revenue from Refining Activity. The firm derives the majority of its revenue from Foreign Sales.
63GF Score

Get the complete analysis for FRA:MHZ

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

€38.10
Price
€22.03
GF Value