Secure Waste Infrastructure (FRA:SEP0) ROE %: 18.01% (As of Mar. 2026) — 1329% Above Median


FRA:SEP0 Secure Waste Infrastructure Corp FRA:SEP0
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What is Secure Waste Infrastructure ROE %?

Secure Waste Infrastructure FRA:SEP0 +0.73% 50 ROE % is 18.01% as of Mar. 2026, which is 1329% above its 10-year median of 1.26. GuruFocus rates FRA:SEP0 with a GF Score™ of 50/100. The stock has 7 warning signs investors should review. Among 232 Waste Management companies, Secure Waste Infrastructure ranks better than 83.19% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Secure Waste Infrastructure's annualized net income for the quarter that ended in Mar. 2026 was €88.26 Mil. Secure Waste Infrastructure's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €490.09 Mil. Therefore, Secure Waste Infrastructure's annualized ROE % for the quarter that ended in Mar. 2026 was 18.01%.

The historical rank and industry rank for Secure Waste Infrastructure's ROE % or its related term are showing as below:

FRA:SEP0' s ROE % Range Over the Past 10 Years
Min: -22.64   Med: 1.26   Max: 52.24
Current: 14.51

During the past 13 years, Secure Waste Infrastructure's highest ROE % was 52.24%. The lowest was -22.64%. And the median was 1.26%.

FRA:SEP0's ROE % is ranked better than
83.19% of 232 companies
in the Waste Management industry
Industry Median: 4.565 vs FRA:SEP0: 14.51

Secure Waste Infrastructure  (FRA:SEP0) 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
=88.264/490.0855
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(88.264 / 965.876)*(965.876 / 1685.011)*(1685.011 / 490.0855)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.14 %*0.5732*3.4382
=ROA %*Equity Multiplier
=5.24 %*3.4382
=18.01 %

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
=88.264/490.0855
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (88.264 / 116.004) * (116.004 / 143.748) * (143.748 / 965.876) * (965.876 / 1685.011) * (1685.011 / 490.0855)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7609 * 0.807 * 14.88 % * 0.5732 * 3.4382
=18.01 %

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.


Secure Waste Infrastructure ROE % Related Terms


Secure Waste Infrastructure ROE % Historical Data

* Premium members only.

The historical data trend for Secure Waste Infrastructure'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.

Secure Waste Infrastructure ROE % Chart

Secure Waste Infrastructure 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 -23.28 15.55 15.77 51.70 12.81

Secure Waste Infrastructure 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 14.77 13.73 0.49 27.11 18.01

FRA:SEP0 vs WM, RSG, WCN: ROE % Comparison

For the Waste Management subindustry, Secure Waste Infrastructure'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.


Secure Waste Infrastructure ROE % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Secure Waste Infrastructure's ROE % distribution charts can be found below:

* The bar in red indicates where Secure Waste Infrastructure's ROE % falls into.


FRA:SEP0
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Secure Waste Infrastructure Corp FRA:SEP0
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Secure Waste Infrastructure ROE % Calculation

Secure Waste Infrastructure'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 )
=76.145/( (698.47+490.299)/ 2 )
=76.145/594.3845
=12.81 %

Secure Waste Infrastructure'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 )
=88.264/( (490.299+489.872)/ 2 )
=88.264/490.0855
=18.01 %

* 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 18.01% mean?
Secure Waste Infrastructure (FRA:SEP0) has a ROE % of 18.01% 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 Secure Waste Infrastructure and its competitors. This is 1329% above median its historical median of 1.26. According to the industry distribution chart, Secure Waste Infrastructure ranks #39 out of 232 companies in the Waste Management industry, placing it in the top 16.8%.
Is Secure Waste Infrastructure's ROE % too high?
Secure Waste Infrastructure's current ROE % of 18.01% is 1329% above median its 10-year median of 1.26. The Waste Management industry median ROE % is 4.57. Secure Waste Infrastructure's value of 18.01% is 294.5% above this industry median. Based on the distribution chart, Secure Waste Infrastructure ranks #39 out of 232 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Secure Waste Infrastructure has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Secure Waste Infrastructure's ROE % compare to WM and RSG?
According to the Waste Management industry distribution chart, Secure Waste Infrastructure ranks #39 out of 232 companies for ROE %. This places Secure Waste Infrastructure in the top 17% of its industry — outperforming the majority of peers. The industry median ROE % is 4.57. Secure Waste Infrastructure's value of 18.01% is 294.5% above this benchmark. While the company's 10-year median is 1.26 vs. the industry median of 4.57, Secure Waste Infrastructure 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 a Waste Management company?
The median ROE % among Waste Management companies is 4.57, based on 232 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. Secure Waste Infrastructure's current ROE % of 18.01% is 294.5% 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 Secure Waste Infrastructure and its competitors. For the Waste Management industry, the median ROE % is 4.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Secure Waste Infrastructure's current ROE % is 18.01%, which is 1329% above median its own 10-year median of 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure Waste Infrastructure stock overvalued right now?
Secure Waste Infrastructure (FRA:SEP0) has a current ROE % of 18.01%. The current ROE % is 18.01%, which is 1329% above median its 10-year median of 1.26 and 294.5% above the Waste Management industry median of 4.57. Secure Waste Infrastructure'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 Secure Waste Infrastructure (FRA:SEP0), the current ROE % is 18.01% 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.

Secure Waste Infrastructure Business Description

Address 2300, 225 - 6th Avenue SW, Brookfield Place, Calgary, AB, CAN, T2P 1N2
Secure Waste Infrastructure Corp operates in waste management and energy infrastructure business. The company operates in two segments: Waste Management, and Energy Infrastructure. The activities of the company include buying and selling crude oil and natural gas liquid products, capturing location, and other related activities. It generates the majority of its revenue from the Waste Management segment which includes a network of waste processing facilities, produced water pipelines, industrial landfills, and others. Energy Infrastructure includes a network of crude oil gathering pipelines, terminals, and storage facilities.
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