Astral Foods (JSE:ARL) ROE %: 31.56% (As of Mar. 2026) — 84% Above Median


JSE:ARL Astral Foods Ltd JSE:ARL
84 GF Score
Price R233.05
GF Value R203.22
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Astral Foods ROE %?

Astral Foods JSE:ARL +0.68% 84 ROE % is 31.56% as of Mar. 2026, which is 84% above its 10-year median of 17.16. GuruFocus rates JSE:ARL with a GF Score™ of 84/100 and a GF Value™ of R203.22 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,915 Consumer Packaged Goods companies, Astral Foods ranks better than 92.79% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Astral Foods's annualized net income for the quarter that ended in Mar. 2026 was R1,791 Mil. Astral Foods's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was R5,676 Mil. Therefore, Astral Foods's annualized ROE % for the quarter that ended in Mar. 2026 was 31.56%.

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

JSE:ARL' s ROE % Range Over the Past 10 Years
Min: -11.63   Med: 17.16   Max: 42.37
Current: 29.65

During the past 13 years, Astral Foods's highest ROE % was 42.37%. The lowest was -11.63%. And the median was 17.16%.

JSE:ARL's ROE % is ranked better than
92.79% of 1915 companies
in the Consumer Packaged Goods industry
Industry Median: 6.73 vs JSE:ARL: 29.65

Astral Foods  (JSE:ARL) 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
=1791.07/5676.0105
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1791.07 / 23887.23)*(23887.23 / 9609.7205)*(9609.7205 / 5676.0105)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.5 %*2.4857*1.693
=ROA %*Equity Multiplier
=18.64 %*1.693
=31.56 %

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
=1791.07/5676.0105
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1791.07 / 2458.788) * (2458.788 / 2359.224) * (2359.224 / 23887.23) * (23887.23 / 9609.7205) * (9609.7205 / 5676.0105)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7284 * 1.0422 * 9.88 % * 2.4857 * 1.693
=31.56 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Astral Foods ROE % Related Terms


Astral Foods ROE % Historical Data

* Premium members only.

The historical data trend for Astral Foods'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.

Astral Foods ROE % Chart

Astral Foods 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 11.45 23.92 -11.63 17.17 17.31

Astral Foods Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 16.91 17.43 7.66 27.48 31.56

JSE:ARL vs ADM, BG, TSN: ROE % Comparison

For the Farm Products subindustry, Astral Foods'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.


Astral Foods ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Astral Foods's ROE % distribution charts can be found below:

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


JSE:ARL
84GF Score
Astral Foods Ltd JSE:ARL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Astral Foods ROE % Calculation

Astral Foods'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 )
=876.389/( (4752.361+5374.623)/ 2 )
=876.389/5063.492
=17.31 %

Astral Foods's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=1791.07/( (5374.623+5977.398)/ 2 )
=1791.07/5676.0105
=31.56 %

* 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 (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 31.56% mean?
Astral Foods (JSE:ARL) has a ROE % of 31.56% 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 Astral Foods and its competitors. This is 84% above median its historical median of 17.16. According to the industry distribution chart, Astral Foods ranks #138 out of 1915 companies in the Consumer Packaged Goods industry, placing it in the top 7.2%.
Is Astral Foods' ROE % too high?
Astral Foods' current ROE % of 31.56% is 84% above median its 10-year median of 17.16. The Consumer Packaged Goods industry median ROE % is 6.73. Astral Foods' value of 31.56% is 368.9% above this industry median. Based on the distribution chart, Astral Foods ranks #138 out of 1915 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Astral Foods has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Astral Foods' ROE % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Astral Foods ranks #138 out of 1915 companies for ROE %. This places Astral Foods in the top 7% of its industry — outperforming the majority of peers. The industry median ROE % is 6.73. Astral Foods' value of 31.56% is 368.9% above this benchmark. While the company's 10-year median is 17.16 vs. the industry median of 6.73, Astral Foods 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 Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.73, based on 1,915 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. Astral Foods's current ROE % of 31.56% is 368.9% 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 Astral Foods and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astral Foods's current ROE % is 31.56%, which is 84% above median its own 10-year median of 17.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astral Foods stock overvalued right now?
Based on GuruFocus' analysis, Astral Foods (JSE:ARL) is currently considered Modestly Overvalued. The stock's GF Value™ is R203.22, compared to a current price of R233.05 — trading 14.7% above its estimated fair value. The current ROE % is 31.56%, which is 84% above median its 10-year median of 17.16 and 368.9% above the Consumer Packaged Goods industry median of 6.73. Astral Foods' overall GF Score™ is 84/100 with 1 warning sign 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 Astral Foods (JSE:ARL), the current ROE % is 31.56% 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 Astral Foods (JSE:ARL) Overvalued in 2026?

Based on GuruFocus' analysis, Astral Foods stock appears to be overvalued. The current stock price of R233.05 is trading 14.7% above its estimated GF Value™ of R203.22. GuruFocus considers Astral Foods to be Modestly Overvalued.

Key valuation signals for JSE:ARL:

  • ROE %: 31.56% (84% above median its 10-year median of 17.16)
  • GF Value™: R203.22 vs. price of R233.05 (14.7% above fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 368.9% above the Consumer Packaged Goods median (#138 of 1915)

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


Astral Foods Business Description

Address 13 Thunderbolt Lane, Lanseria Corporate Estate, Lanseria Ext 26, Lanseria, GT, ZAF, 1748
Astral Foods Ltd is an integrated poultry producer operating under several brands. It supplies different poultry needs in Africa. The activities are divided into two operating segments. The poultry segment comprises the sale of poultry-related products for human consumption as well as day-old broilers, hatching eggs, and day-old parent stock. The Feed segment comprises the sale of a wide range of specialized feed products for commercially farmed animal species. The majority of revenue is generated from the poultry segment. The company has multiple processing facilities to get the poultry to ready-to-eat form and manufacture vitamin and mineral feed additives.
84GF Score

Get the complete analysis for JSE:ARL

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

R233.05
Price
R203.22
GF Value