Mister Spex SE (FRA:MRX) ROE %: -60.18% (As of Mar. 2026)


FRA:MRX Mister Spex SE FRA:MRX
10 GF Score
Price €1.12
GF Value €3.85
Valuation Possible Value Trap
! 3 Warning Signs
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What is Mister Spex SE ROE %?

Mister Spex SE FRA:MRX 10 ROE % is -60.18% as of Mar. 2026. GuruFocus rates FRA:MRX with a GF Score™ of 10/100 and a GF Value™ of €3.85 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,092 Retail - Cyclical companies, Mister Spex SE ranks worse than 94.69% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Mister Spex SE's annualized net income for the quarter that ended in Mar. 2026 was €-25.9 Mil. Mister Spex SE's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €43.1 Mil. Therefore, Mister Spex SE's annualized ROE % for the quarter that ended in Mar. 2026 was -60.18%.

The historical rank and industry rank for Mister Spex SE's ROE % or its related term are showing as below:

FRA:MRX' s ROE % Range Over the Past 10 Years
Min: -74.67   Med: -43.84   Max: -20.16
Current: -51.56

During the past 9 years, Mister Spex SE's highest ROE % was -20.16%. The lowest was -74.67%. And the median was -43.84%.

FRA:MRX's ROE % is ranked worse than
94.69% of 1092 companies
in the Retail - Cyclical industry
Industry Median: 6.49 vs FRA:MRX: -51.56

Mister Spex SE  (FRA:MRX) 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
=-25.912/43.0595
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-25.912 / 162.992)*(162.992 / 141.1925)*(141.1925 / 43.0595)
=Net Margin %*Asset Turnover*Equity Multiplier
=-15.9 %*1.1544*3.279
=ROA %*Equity Multiplier
=-18.35 %*3.279
=-60.18 %

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
=-25.912/43.0595
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-25.912 / -25.9) * (-25.9 / -23.752) * (-23.752 / 162.992) * (162.992 / 141.1925) * (141.1925 / 43.0595)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0005 * 1.0904 * -14.57 % * 1.1544 * 3.279
=-60.18 %

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.


Mister Spex SE ROE % Related Terms


Mister Spex SE ROE % Historical Data

* Premium members only.

The historical data trend for Mister Spex SE'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.

Mister Spex SE ROE % Chart

Mister Spex SE Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only -22.66 -20.16 -26.87 -74.67 -47.75

Mister Spex SE 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 -39.78 -30.55 -33.63 -89.12 -60.18

FRA:MRX vs CASY, WSM, ULTA: ROE % Comparison

For the Specialty Retail subindustry, Mister Spex SE'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.


Mister Spex SE ROE % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mister Spex SE's ROE % distribution charts can be found below:

* The bar in red indicates where Mister Spex SE's ROE % falls into.


FRA:MRX
10GF Score
Mister Spex SE FRA:MRX
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mister Spex SE ROE % Calculation

Mister Spex SE'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 )
=-28.168/( (71.837+46.146)/ 2 )
=-28.168/58.9915
=-47.75 %

Mister Spex SE'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 )
=-25.912/( (46.146+39.973)/ 2 )
=-25.912/43.0595
=-60.18 %

* 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 -60.18% mean?
Mister Spex SE (FRA:MRX) has a ROE % of -60.18% 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 Mister Spex SE and its competitors. According to the industry distribution chart, Mister Spex SE ranks #1034 out of 1092 companies in the Retail - Cyclical industry, placing it in the top 94.7%.
Is Mister Spex SE's ROE % too high?
Mister Spex SE's current ROE % is -60.18%. Based on the distribution chart, Mister Spex SE ranks #1034 out of 1092 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Mister Spex SE has a GF Score™ of 10/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mister Spex SE's ROE % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Mister Spex SE ranks #1034 out of 1092 companies for ROE %. This places Mister Spex SE in the lower half of its industry. The industry median ROE % is 6.49. 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 Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.49, based on 1,092 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. 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 Mister Spex SE and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mister Spex SE's current ROE % is -60.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mister Spex SE stock overvalued right now?
Based on GuruFocus' analysis, Mister Spex SE (FRA:MRX) is currently considered Possible Value Trap. The stock's GF Value™ is €3.85, compared to a current price of €1.12 — trading 70.9% below its estimated fair value. The current ROE % is -60.18%. Mister Spex SE's overall GF Score™ is 10/100 with 3 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 Mister Spex SE (FRA:MRX), the current ROE % is -60.18% 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 Mister Spex SE (FRA:MRX) Overvalued in 2026?

Based on GuruFocus' analysis, Mister Spex SE stock appears to be undervalued. The current stock price of €1.12 is trading 70.9% below its estimated GF Value™ of €3.85. GuruFocus considers Mister Spex SE to be Possible Value Trap.

Key valuation signals for FRA:MRX:

  • ROE %: -60.18%
  • GF Value™: €3.85 vs. price of €1.12 (70.9% below fair value)
  • GF Score™: 10/100 with 3 warning signs

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


Mister Spex SE Business Description

Other Exchanges 0A9V:UKMRX:Germany
Address Hermann-Blankenstein-Strasse 24, Berlin, DEU, 10249
Mister Spex SE is a retail brand in the eyewear market in Europe engaged in the business of online opticians. The company offers products and additional services such as eye examinations for glasses and new adaptations, and annual checks of contact lenses. It has a regional segment, which is German and international, and the majority of the revenue comes from Germany. The products of the company are Sunglasses, Prescription Sunglasses, and Contact Lenses.
10GF Score

Get the complete analysis for FRA:MRX

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

€1.12
Price
€3.85
GF Value