Saf TehnikaFRA:VTZ 63 ROE % is 48.42% as of Mar. 2026, which is 665% above its 10-year median of 6.33. GuruFocus rates FRA:VTZ with a GF Score™ of 63/100 and a GF Value™ of €8.79 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,422 Hardware companies, Saf Tehnika ranks better than 95.05% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Saf Tehnika's annualized net income for the quarter that ended in Mar. 2026 was €9.89 Mil. Saf Tehnika's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €20.42 Mil. Therefore, Saf Tehnika's annualized ROE % for the quarter that ended in Mar. 2026 was 48.42%.
The historical rank and industry rank for Saf Tehnika's ROE % or its related term are showing as below:
FRA:VTZ'
s ROE % Range Over the Past 10 Years
Min: -13.43 Med: 6.33 Max: 39.86
Current: 27.87
During the past 13 years, Saf Tehnika's highest ROE % was 39.86%. The lowest was -13.43%. And the median was 6.33%.
FRA:VTZ's ROE % is ranked better than 95.05% of 2422
companies
in the Hardware industry
Industry Median: 4.635
vs FRA:VTZ: 27.87
Saf Tehnika (FRA:VTZ) 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:
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.
Saf Tehnika ROE % Related Terms
Saf Tehnika ROE % Historical Data
* Premium members only.
The historical data trend for Saf Tehnika'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 Communication Equipment subindustry, Saf Tehnika'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.
Saf Tehnika ROE % vs Hardware Industry
For the Hardware industry and Technology sector, Saf Tehnika's ROE % distribution charts can be found below:
* The bar in red indicates where Saf Tehnika'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 (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Saf Tehnika (FRA:VTZ) has a ROE % of 48.42% 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 Saf Tehnika and its competitors. This is 665% above median its historical median of 6.33. According to the industry distribution chart, Saf Tehnika ranks #120 out of 2422 companies in the Hardware industry, placing it in the top 5%.
Is Saf Tehnika's ROE % too high?
Saf Tehnika's current ROE % of 48.42% is 665% above median its 10-year median of 6.33. The Hardware industry median ROE % is 4.64. Saf Tehnika's value of 48.42% is 944.7% above this industry median. Based on the distribution chart, Saf Tehnika ranks #120 out of 2422 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Saf Tehnika has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saf Tehnika's ROE % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Saf Tehnika ranks #120 out of 2422 companies for ROE %. This places Saf Tehnika in the top 5% of its industry — outperforming the majority of peers. The industry median ROE % is 4.64. Saf Tehnika's value of 48.42% is 944.7% above this benchmark. While the company's 10-year median is 6.33 vs. the industry median of 4.64, Saf Tehnika 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 Hardware company?
The median ROE % among Hardware companies is 4.64, based on 2,422 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. Saf Tehnika's current ROE % of 48.42% is 944.7% 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 Saf Tehnika and its competitors. For the Hardware industry, the median ROE % is 4.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saf Tehnika's current ROE % is 48.42%, which is 665% above median its own 10-year median of 6.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saf Tehnika stock overvalued right now?
Based on GuruFocus' analysis, Saf Tehnika (FRA:VTZ) is currently considered Modestly Overvalued. The stock's GF Value™ is €8.79, compared to a current price of €10.60 — trading 20.6% above its estimated fair value. The current ROE % is 48.42%, which is 665% above median its 10-year median of 6.33 and 944.7% above the Hardware industry median of 4.64. Saf Tehnika's 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 Saf Tehnika (FRA:VTZ), the current ROE % is 48.42% 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 Saf Tehnika (FRA:VTZ) Overvalued in 2026?
Based on GuruFocus' analysis, Saf Tehnika stock appears to be overvalued.
The current stock price of €10.60 is trading 20.6% above its estimated GF Value™ of €8.79.
GuruFocus considers Saf Tehnika to be Modestly Overvalued.
Key valuation signals for FRA:VTZ:
ROE %: 48.42% (665% above median its 10-year median of 6.33)
GF Value™: €8.79 vs. price of €10.60 (20.6% above fair value)
Industry Position: 944.7% above the Hardware median (#120 of 2422)
No single metric tells the full story. See the FRA:VTZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saf Tehnika and its subsidiaries are engaged in the design, production, and distribution of microwave radio data transmission equipment thus offering an alternative to cable channels. The company offers products to mobile network operators, data service providers such as Internet service providers and telecommunications companies, as well as state institutions and private companies. The company also sells antennas, cables, OEM products, and other accessories purchased from other suppliers, as another structural unit. The company's segments are; CFIP, Integra, Spectrum, Compact, Aranet; and Other. It sells its product in Latvia, North and South America, Europe, CIS, Asia, Africa, and the Middle East, of which key sales revenue is generated from North and South America.
63GF Score
Get the complete analysis for FRA:VTZ
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:VTZ has been successfully added to your 
