Azelis Group NV (HAM:2R7) ROE %: 2.07% (As of Dec. 2025) — 64% Below Median


HAM:2R7 Azelis Group NV HAM:2R7
52 GF Score
Price €9.69
GF Value €18.35
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Azelis Group NV ROE %?

Azelis Group NV HAM:2R7 -1.27% 52 ROE % is 2.07% as of Dec. 2025, which is 64% below its 10-year median of 5.79. GuruFocus rates HAM:2R7 with a GF Score™ of 52/100 and a GF Value™ of €18.35 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,590 Chemicals companies, Azelis Group NV ranks worse than 56.6% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Azelis Group NV's annualized net income for the quarter that ended in Dec. 2025 was €55 Mil. Azelis Group NV's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €2,675 Mil. Therefore, Azelis Group NV's annualized ROE % for the quarter that ended in Dec. 2025 was 2.07%.

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

HAM:2R7' s ROE % Range Over the Past 10 Years
Min: 3.94   Med: 5.79   Max: 9.24
Current: 4.06

During the past 8 years, Azelis Group NV's highest ROE % was 9.24%. The lowest was 3.94%. And the median was 5.79%.

HAM:2R7's ROE % is ranked worse than
56.6% of 1590 companies
in the Chemicals industry
Industry Median: 5.195 vs HAM:2R7: 4.06

Azelis Group NV  (HAM:2R7) 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
=55.292/2674.9875
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(55.292 / 3923.084)*(3923.084 / 5537.1705)*(5537.1705 / 2674.9875)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.41 %*0.7085*2.07
=ROA %*Equity Multiplier
=1 %*2.07
=2.07 %

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
=55.292/2674.9875
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (55.292 / 108.486) * (108.486 / 244.802) * (244.802 / 3923.084) * (3923.084 / 5537.1705) * (5537.1705 / 2674.9875)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5097 * 0.4432 * 6.24 % * 0.7085 * 2.07
=2.07 %

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.


Azelis Group NV ROE % Related Terms


Azelis Group NV ROE % Historical Data

* Premium members only.

The historical data trend for Azelis Group NV'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.

Azelis Group NV ROE % Chart

Azelis Group NV Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 3.94 9.24 7.14 6.61 3.99

Azelis Group NV Semi-Annual Data
Dec18 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 5.82 7.18 6.17 6.04 2.07

HAM:2R7 vs LIN, SHW, ECL: ROE % Comparison

For the Specialty Chemicals subindustry, Azelis Group NV'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.


Azelis Group NV ROE % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Azelis Group NV's ROE % distribution charts can be found below:

* The bar in red indicates where Azelis Group NV's ROE % falls into.


HAM:2R7
52GF Score
Azelis Group NV HAM:2R7
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Azelis Group NV ROE % Calculation

Azelis Group NV'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 )
=111.193/( (2876.138+2694.576)/ 2 )
=111.193/2785.357
=3.99 %

Azelis Group NV'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 )
=55.292/( (2655.399+2694.576)/ 2 )
=55.292/2674.9875
=2.07 %

* 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 2.07% mean?
Azelis Group NV (HAM:2R7) has a ROE % of 2.07% 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 Azelis Group NV and its competitors. This is 64% below median its historical median of 5.79. Over the past decade, Azelis Group NV's ROE % has ranged from 3.94 to 9.24. According to the industry distribution chart, Azelis Group NV ranks #900 out of 1590 companies in the Chemicals industry, placing it in the top 56.6%.
Is Azelis Group NV's ROE % too high?
Azelis Group NV's current ROE % of 2.07% is 64% below median its 10-year median of 5.79. Over the past 10 years, this metric has ranged from a low of 3.94 to a high of 9.24. The Chemicals industry median ROE % is 5.20. Azelis Group NV's value of 2.07% is 60.2% below this industry median. Based on the distribution chart, Azelis Group NV ranks #900 out of 1590 companies in the Chemicals industry, which is below the industry midpoint. Overall, Azelis Group NV has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Azelis Group NV's ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Azelis Group NV ranks #900 out of 1590 companies for ROE %. This places Azelis Group NV in the lower half of its industry. The industry median ROE % is 5.20. Azelis Group NV's value of 2.07% is 60.2% below this benchmark. Historically, Azelis Group NV's own ROE % has ranged from 3.94 to 9.24 over the past decade. While the company's 10-year median is 5.79 vs. the industry median of 5.20, Azelis Group NV has consistently been below 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 Chemicals company?
The median ROE % among Chemicals companies is 5.20, based on 1,590 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. Azelis Group NV's current ROE % of 2.07% is 60.2% below 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 Azelis Group NV and its competitors. For the Chemicals industry, the median ROE % is 5.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azelis Group NV's current ROE % is 2.07%, which is 64% below median its own 10-year median of 5.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azelis Group NV stock overvalued right now?
Based on GuruFocus' analysis, Azelis Group NV (HAM:2R7) is currently considered Significantly Undervalued. The stock's GF Value™ is €18.35, compared to a current price of €9.69 — trading 47.2% below its estimated fair value. The current ROE % is 2.07%, which is 64% below median its 10-year median of 5.79 and 60.2% below the Chemicals industry median of 5.20. Azelis Group NV's overall GF Score™ is 52/100 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 Azelis Group NV (HAM:2R7), the current ROE % is 2.07% 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 Azelis Group NV (HAM:2R7) Overvalued in 2026?

Based on GuruFocus' analysis, Azelis Group NV stock appears to be undervalued. The current stock price of €9.69 is trading 47.2% below its estimated GF Value™ of €18.35. GuruFocus considers Azelis Group NV to be Significantly Undervalued.

Key valuation signals for HAM:2R7:

  • ROE %: 2.07% (64% below median its 10-year median of 5.79)
  • GF Value™: €18.35 vs. price of €9.69 (47.2% below fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 60.2% below the Chemicals median (#900 of 1590)

No single metric tells the full story. See the HAM:2R7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Azelis Group NV Business Description

Address Posthofbrug 12, Box 6, Berchem, Antwerp, BEL, 2600
Azelis Group NV is an innovation service provider and distributor of speciality chemicals and food ingredients. The Group provides innovation services, multi-product formulations, technical and regulatory expertise, co-creation support, digital solutions, and supply chain services. It serves Food & Nutrition, Animal Nutrition, Personal Care, Home Care & Industrial Cleaning, Pharmaceuticals & Healthcare, Agriculture & Environmental Solutions, Flavours & Fragrances, and Nutraceuticals. The Group operates through four segments: EMEA, Americas, Asia Pacific, and Group holding & other, covering operating companies across Europe, the Middle East and Africa, the United States, Canada, Mexico and South America, Asia, and the Pacific region.
52GF Score

Get the complete analysis for HAM:2R7

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

€9.69
Price
€18.35
GF Value