GGGSF (Greggs) ROE %: 25.19% (As of Dec. 2025) — Near Median


GGGSF Greggs PLC GGGSF
78 GF Score
Price $20.51
GF Value $45.81
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Greggs ROE %?

Greggs GGGSF 78 ROE % is 25.19% as of Dec. 2025, which is 5% above its 10-year median of 23.94. GuruFocus rates GGGSF with a GF Score™ of 78/100 and a GF Value™ of $45.81 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 346 Restaurants companies, Greggs ranks better than 80.64% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Greggs's annualized net income for the quarter that ended in Dec. 2025 was $203 Mil. Greggs's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was $804 Mil. Therefore, Greggs's annualized ROE % for the quarter that ended in Dec. 2025 was 25.19%.

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

GGGSF' s ROE % Range Over the Past 10 Years
Min: -3.92   Med: 23.94   Max: 31.3
Current: 20.77

During the past 13 years, Greggs's highest ROE % was 31.30%. The lowest was -3.92%. And the median was 23.94%.

GGGSF's ROE % is ranked better than
80.64% of 346 companies
in the Restaurants industry
Industry Median: 6.38 vs GGGSF: 20.77

Greggs  (OTCPK:GGGSF) 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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=202.678/804.4985
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(202.678 / 3008.032)*(3008.032 / 1903.89)*(1903.89 / 804.4985)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.74 %*1.5799*2.3666
=ROA %*Equity Multiplier
=10.65 %*2.3666
=25.19 %

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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=202.678/804.4985
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (202.678 / 278.18) * (278.18 / 313.52) * (313.52 / 3008.032) * (3008.032 / 1903.89) * (1903.89 / 804.4985)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7286 * 0.8873 * 10.42 % * 1.5799 * 2.3666
=25.19 %

Note: The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.


Greggs ROE % Related Terms


Greggs ROE % Historical Data

* Premium members only.

The historical data trend for Greggs'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.

Greggs ROE % Chart

Greggs 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 31.16 26.31 29.69 27.84 21.00

Greggs Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 33.17 21.56 36.83 16.90 25.19

GGGSF vs MCD, SBUX, CMG: ROE % Comparison

For the Restaurants subindustry, Greggs'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.


Greggs ROE % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Greggs's ROE % distribution charts can be found below:

* The bar in red indicates where Greggs's ROE % falls into.


GGGSF
78GF Score
Greggs PLC GGGSF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Greggs ROE % Calculation

Greggs'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 )
=163.588/( (721.239+836.948)/ 2 )
=163.588/779.0935
=21.00 %

Greggs's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=202.678/( (772.049+836.948)/ 2 )
=202.678/804.4985
=25.19 %

* 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 two times the semi-annual (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 25.19% mean?
Greggs (GGGSF) has a ROE % of 25.19% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Greggs and its competitors. This is near median its historical median of 23.94. According to the industry distribution chart, Greggs ranks #67 out of 346 companies in the Restaurants industry, placing it in the top 19.4%.
Is Greggs' ROE % too high?
Greggs' current ROE % of 25.19% is near median its 10-year median of 23.94. The Restaurants industry median ROE % is 6.38. Greggs' value of 25.19% is 294.8% above this industry median. Based on the distribution chart, Greggs ranks #67 out of 346 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Greggs has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Greggs' ROE % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Greggs ranks #67 out of 346 companies for ROE %. This places Greggs in the top 19% of its industry — outperforming the majority of peers. The industry median ROE % is 6.38. Greggs' value of 25.19% is 294.8% above this benchmark. While the company's 10-year median is 23.94 vs. the industry median of 6.38, Greggs 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 Restaurants company?
The median ROE % among Restaurants companies is 6.38, based on 346 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. Greggs's current ROE % of 25.19% is 294.8% 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 Greggs and its competitors. For the Restaurants industry, the median ROE % is 6.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greggs's current ROE % is 25.19%, which is near median its own 10-year median of 23.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greggs stock overvalued right now?
Based on GuruFocus' analysis, Greggs (GGGSF) is currently considered Significantly Undervalued. The stock's GF Value™ is $45.81, compared to a current price of $20.51 — trading 55.2% below its estimated fair value. The current ROE % is 25.19%, which is near median its 10-year median of 23.94 and 294.8% above the Restaurants industry median of 6.38. Greggs' overall GF Score™ is 78/100 with 4 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 Greggs (GGGSF), the current ROE % is 25.19% as of Dec. 2025. 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 Greggs (GGGSF) Overvalued in 2026?

Based on GuruFocus' analysis, Greggs stock appears to be undervalued. The current stock price of $20.51 is trading 55.2% below its estimated GF Value™ of $45.81. GuruFocus considers Greggs to be Significantly Undervalued.

Key valuation signals for GGGSF:

  • ROE %: 25.19% (near median its 10-year median of 23.94)
  • GF Value™: $45.81 vs. price of $20.51 (55.2% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 294.8% above the Restaurants median (#67 of 346)

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


Greggs Business Description

Address Greggs House, Quorum Business Park, Newcastle upon Tyne, GBR, NE12 8BU
Greggs PLC is a U.K.-based company that is principally engaged in manufacturing, distributing, and retailing bakery goods, sandwiches, and drinks under the Greggs brand. The company focuses on the food-on-the-go market. It has a vertically integrated supply network, with its bakeries & delivery network. Greggs operates in two segments: Company-managed retail activities and the Business-to-business channel. The majority of its revenue is generated from the Company-managed retail activities segment, in which the Group sells a consistent range of fresh bakery goods, sandwiches, and drinks in its own shops or via delivery. Sales are made to the general public on a cash basis. All results arise in the United Kingdom.
78GF Score

Get the complete analysis for GGGSF

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

$20.51
Price
$45.81
GF Value