METRO AG (HAM:B4B) ROE %: -65.45% (As of Mar. 2026)


HAM:B4B METRO AG HAM:B4B
66 GF Score
Price €7.30
GF Value €5.44
Valuation Significantly Overvalued
! 10 Warning Signs
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What is METRO AG ROE %?

METRO AG HAM:B4B 66 ROE % is -65.45% as of Mar. 2026. GuruFocus rates HAM:B4B with a GF Score™ of 66/100 and a GF Value™ of €5.44 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 306 Retail - Defensive companies, METRO AG ranks worse than 92.16% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. METRO AG's annualized net income for the quarter that ended in Mar. 2026 was €-1,000 Mil. METRO AG's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €1,528 Mil. Therefore, METRO AG's annualized ROE % for the quarter that ended in Mar. 2026 was -65.45%.

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

HAM:B4B' s ROE % Range Over the Past 10 Years
Min: -19.36   Med: 11.6   Max: 21.28
Current: -19.36

During the past 13 years, METRO AG's highest ROE % was 21.28%. The lowest was -19.36%. And the median was 11.60%.

HAM:B4B's ROE % is ranked worse than
92.16% of 306 companies
in the Retail - Defensive industry
Industry Median: 8.53 vs HAM:B4B: -19.36

METRO AG  (HAM:B4B) 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
=-1000/1528
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1000 / 29152)*(29152 / 12155)*(12155 / 1528)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3.43 %*2.3984*7.9548
=ROA %*Equity Multiplier
=-8.23 %*7.9548
=-65.45 %

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
=-1000/1528
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1000 / -1016) * (-1016 / -712) * (-712 / 29152) * (29152 / 12155) * (12155 / 1528)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9843 * 1.427 * -2.44 % * 2.3984 * 7.9548
=-65.45 %

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.


METRO AG ROE % Related Terms


METRO AG ROE % Historical Data

* Premium members only.

The historical data trend for METRO AG'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.

METRO AG ROE % Chart

METRO AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.90 -16.02 20.16 -6.52 -13.72

METRO AG 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 -35.32 -10.23 -24.44 20.79 -65.45

HAM:B4B vs SYY, USFD, PFGC: ROE % Comparison

For the Food Distribution subindustry, METRO AG'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.


METRO AG ROE % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, METRO AG's ROE % distribution charts can be found below:

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


HAM:B4B
66GF Score
METRO AG HAM:B4B
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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METRO AG ROE % Calculation

METRO AG's annualized ROE % for the fiscal year that ended in Sep. 2025 is calculated as

ROE %=Net Income (A: Sep. 2025 )/( (Total Stockholders Equity (A: Sep. 2024 )+Total Stockholders Equity (A: Sep. 2025 ))/ count )
=-218/( (1668+1509)/ 2 )
=-218/1588.5
=-13.72 %

METRO AG'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 )
=-1000/( (1646+1410)/ 2 )
=-1000/1528
=-65.45 %

* 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 -65.45% mean?
METRO AG (HAM:B4B) has a ROE % of -65.45% 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 METRO AG and its competitors. According to the industry distribution chart, METRO AG ranks #282 out of 306 companies in the Retail - Defensive industry, placing it in the top 92.2%.
Is METRO AG's ROE % too high?
METRO AG's current ROE % is -65.45%. Based on the distribution chart, METRO AG ranks #282 out of 306 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, METRO AG has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does METRO AG's ROE % compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, METRO AG ranks #282 out of 306 companies for ROE %. This places METRO AG in the lower half of its industry. The industry median ROE % is 8.53. 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 Retail - Defensive company?
The median ROE % among Retail - Defensive companies is 8.53, based on 306 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. 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 METRO AG and its competitors. For the Retail - Defensive industry, the median ROE % is 8.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. METRO AG's current ROE % is -65.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is METRO AG stock overvalued right now?
Based on GuruFocus' analysis, METRO AG (HAM:B4B) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.44, compared to a current price of €7.30 — trading 34.2% above its estimated fair value. The current ROE % is -65.45%. METRO AG's overall GF Score™ is 66/100 with 10 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 METRO AG (HAM:B4B), the current ROE % is -65.45% 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 METRO AG (HAM:B4B) Overvalued in 2026?

Based on GuruFocus' analysis, METRO AG stock appears to be overvalued. The current stock price of €7.30 is trading 34.2% above its estimated GF Value™ of €5.44. GuruFocus considers METRO AG to be Significantly Overvalued.

Key valuation signals for HAM:B4B:

  • ROE %: -65.45%
  • GF Value™: €5.44 vs. price of €7.30 (34.2% above fair value)
  • GF Score™: 66/100 with 10 warning signs

No single metric tells the full story. See the HAM:B4B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


METRO AG Business Description

Address Metro-Strasse 1, Dusseldorf, NW, DEU, 40235
METRO AG is an international food wholesaler operating in more than 30 countries under the METRO and MAKRO brands, serving as the central management holding company. The company provides food and non-food products to professional customers, mainly HoReCa and Traders, through a multichannel model that combines wholesale stores, delivery services, and digital solutions. Its offerings include assortments tailored to professional needs, digital services through DISH Digital Solutions, a B2B online marketplace via METRO MARKETS, and real estate activities through METRO PROPERTIES. METRO operates through the segments Germany, West, Russia, East, and Others, which include digital units and logistics, IT, and procurement services.
66GF Score

Get the complete analysis for HAM:B4B

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

€7.30
Price
€5.44
GF Value