GSM (Ferroglobe) ROE %: -4.82% (As of Mar. 2026)


GSM Ferroglobe PLC GSM
71 GF Score
Price $3.58
GF Value $4.13
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Ferroglobe ROE %?

Ferroglobe GSM -2.72% 71 ROE % is -4.82% as of Mar. 2026. GuruFocus rates GSM with a GF Score™ of 71/100 and a GF Value™ of $4.13 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,389 Metals & Mining companies, Ferroglobe ranks worse than 51.28% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Ferroglobe's annualized net income for the quarter that ended in Mar. 2026 was $-28 Mil. Ferroglobe's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $585 Mil. Therefore, Ferroglobe's annualized ROE % for the quarter that ended in Mar. 2026 was -4.82%.

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

GSM' s ROE % Range Over the Past 10 Years
Min: -66.99   Med: -13.02   Max: 101.92
Current: -17.34

During the past 13 years, Ferroglobe's highest ROE % was 101.92%. The lowest was -66.99%. And the median was -13.02%.

GSM's ROE % is ranked worse than
51.28% of 2389 companies
in the Metals & Mining industry
Industry Median: -16.11 vs GSM: -17.34

Ferroglobe  (NAS:GSM) 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
=-28.212/584.7185
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-28.212 / 1390.98)*(1390.98 / 1468.286)*(1468.286 / 584.7185)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.03 %*0.9473*2.5111
=ROA %*Equity Multiplier
=-1.92 %*2.5111
=-4.82 %

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
=-28.212/584.7185
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-28.212 / -44.584) * (-44.584 / -30.86) * (-30.86 / 1390.98) * (1390.98 / 1468.286) * (1468.286 / 584.7185)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6328 * 1.4447 * -2.22 % * 0.9473 * 2.5111
=-4.82 %

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.


Ferroglobe ROE % Related Terms


Ferroglobe ROE % Historical Data

* Premium members only.

The historical data trend for Ferroglobe'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.

Ferroglobe ROE % Chart

Ferroglobe 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 -47.56 101.92 11.82 3.21 -25.94

Ferroglobe 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 -38.34 -6.12 -7.47 -51.05 -4.82

GSM vs NB, TMCR, ALOY: ROE % Comparison

For the Other Industrial Metals & Mining subindustry, Ferroglobe'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.


Ferroglobe ROE % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ferroglobe's ROE % distribution charts can be found below:

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


GSM
71GF Score
Ferroglobe PLC GSM
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ferroglobe ROE % Calculation

Ferroglobe'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 )
=-170.7/( (720.507+595.617)/ 2 )
=-170.7/658.062
=-25.94 %

Ferroglobe'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 )
=-28.212/( (595.617+573.82)/ 2 )
=-28.212/584.7185
=-4.82 %

* 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 -4.82% mean?
Ferroglobe (GSM) has a ROE % of -4.82% 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 Ferroglobe and its competitors. According to the industry distribution chart, Ferroglobe ranks #1225 out of 2389 companies in the Metals & Mining industry, placing it in the top 51.3%.
Is Ferroglobe's ROE % too high?
Ferroglobe's current ROE % is -4.82%. Based on the distribution chart, Ferroglobe ranks #1225 out of 2389 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Ferroglobe has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ferroglobe's ROE % compare to NB and TMCR?
According to the Metals & Mining industry distribution chart, Ferroglobe ranks #1225 out of 2389 companies for ROE %. This places Ferroglobe in the lower half of its industry. 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 Metals & Mining company?
A good ROE % depends on the Metals & Mining industry context. 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 Ferroglobe and its competitors. Ferroglobe's current ROE % is -4.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferroglobe stock overvalued right now?
Based on GuruFocus' analysis, Ferroglobe (GSM) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.13, compared to a current price of $3.58 — trading 13.4% below its estimated fair value. The current ROE % is -4.82%. Ferroglobe's overall GF Score™ is 71/100 with 2 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 Ferroglobe (GSM), the current ROE % is -4.82% 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 Ferroglobe (GSM) Overvalued in 2026?

Based on GuruFocus' analysis, Ferroglobe stock appears to be undervalued. The current stock price of $3.58 is trading 13.4% below its estimated GF Value™ of $4.13. GuruFocus considers Ferroglobe to be Modestly Undervalued.

Key valuation signals for GSM:

  • ROE %: -4.82%
  • GF Value™: $4.13 vs. price of $3.58 (13.4% below fair value)
  • GF Score™: 71/100 with 2 warning signs

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


Ferroglobe Business Description

Other Exchanges 5FG:Germany
Address 13 Chesterfield Street, London, GBR, W1J 5JN
Ferroglobe PLC provides silicon-based alloys and specialty metals. It produces silicon metal and silicon and manganese-based alloy, serving customers in the specialty chemical, aluminum, solar, steel, and ductile iron foundry industries. The company's operating segments include Canada - Silicon Metals, Canada - Silicon Alloys, U.S. - Silicon Metals, U.S. - Silicon Alloys, Europe - Manganese Alloys, Europe - Silicon Metals, Europe - Silicon Alloys, South Africa - Silicon Metals, South Africa - Silicon Alloys, and Other segments. The primary raw materials the company uses to produce its electrometallurgy products include its coal and quartz mining operations and its silicon metal and ferroalloy production. The firm generates key revenue from Silicon metal and Manganese-based alloys.
71GF Score

Get the complete analysis for GSM

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

$3.58
Price
$4.13
GF Value