Associated British Engineering (LSE:ASBE) ROE %: -28.18% (As of Sep. 2025)


LSE:ASBE Associated British Engineering PLC LSE:ASBE
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What is Associated British Engineering ROE %?

Associated British Engineering LSE:ASBE 34 ROE % is -28.18% as of Sep. 2025. GuruFocus rates LSE:ASBE with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 791 Capital Markets companies, Associated British Engineering ranks worse than 87.48% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Associated British Engineering's annualized net income for the quarter that ended in Sep. 2025 was £-0.09 Mil. Associated British Engineering's average Total Stockholders Equity over the quarter that ended in Sep. 2025 was £0.33 Mil. Therefore, Associated British Engineering's annualized ROE % for the quarter that ended in Sep. 2025 was -28.18%.

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

LSE:ASBE' s ROE % Range Over the Past 10 Years
Min: -76.65   Med: -17.96   Max: 0.65
Current: -19.12

During the past 13 years, Associated British Engineering's highest ROE % was 0.65%. The lowest was -76.65%. And the median was -17.96%.

LSE:ASBE's ROE % is ranked worse than
87.48% of 791 companies
in the Capital Markets industry
Industry Median: 6 vs LSE:ASBE: -19.12

Associated British Engineering  (LSE:ASBE) 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: Sep. 2025 )
=Net Income/Total Stockholders Equity
=-0.092/0.3265
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.092 / 0)*(0 / 0.377)*(0.377 / 0.3265)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.1547
=ROA %*Equity Multiplier
=N/A %*1.1547
=-28.18 %

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: Sep. 2025 )
=Net Income/Total Stockholders Equity
=-0.092/0.3265
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.092 / -0.092) * (-0.092 / -0.068) * (-0.068 / 0) * (0 / 0.377) * (0.377 / 0.3265)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.3529 * N/A % * 0 * 1.1547
=-28.18 %

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


Associated British Engineering ROE % Related Terms


Associated British Engineering ROE % Historical Data

* Premium members only.

The historical data trend for Associated British Engineering'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.

Associated British Engineering ROE % Chart

Associated British Engineering Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Sep21 Sep22 Sep23 Sep24 Sep25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.65 -10.48 -16.51 -19.40

Associated British Engineering Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 -1.64 -20.93 -12.66 -10.60 -28.18

LSE:ASBE vs MS, GS, SCHW: ROE % Comparison

For the Capital Markets subindustry, Associated British Engineering'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.


Associated British Engineering ROE % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Associated British Engineering's ROE % distribution charts can be found below:

* The bar in red indicates where Associated British Engineering's ROE % falls into.


LSE:ASBE
34GF Score
Associated British Engineering PLC LSE:ASBE
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Associated British Engineering ROE % Calculation

Associated British Engineering'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 )
=-0.065/( (0.367+0.303)/ 2 )
=-0.065/0.335
=-19.40 %

Associated British Engineering's annualized ROE % for the quarter that ended in Sep. 2025 is calculated as

ROE %=Net Income (Q: Sep. 2025 )/( (Total Stockholders Equity (Q: Mar. 2025 )+Total Stockholders Equity (Q: Sep. 2025 ))/ count )
=-0.092/( (0.35+0.303)/ 2 )
=-0.092/0.3265
=-28.18 %

* 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 (Sep. 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 -28.18% mean?
Associated British Engineering (LSE:ASBE) has a ROE % of -28.18% as of Sep. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Associated British Engineering and its competitors. According to the industry distribution chart, Associated British Engineering ranks #692 out of 791 companies in the Capital Markets industry, placing it in the top 87.5%.
Is Associated British Engineering's ROE % too high?
Associated British Engineering's current ROE % is -28.18%. Based on the distribution chart, Associated British Engineering ranks #692 out of 791 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Associated British Engineering has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Associated British Engineering's ROE % compare to MS and GS?
According to the Capital Markets industry distribution chart, Associated British Engineering ranks #692 out of 791 companies for ROE %. This places Associated British Engineering in the lower half of its industry. The industry median ROE % is 6.00. 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 Capital Markets company?
The median ROE % among Capital Markets companies is 6.00, based on 791 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 Associated British Engineering and its competitors. For the Capital Markets industry, the median ROE % is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associated British Engineering's current ROE % is -28.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated British Engineering stock overvalued right now?
Associated British Engineering (LSE:ASBE) has a current ROE % of -28.18%. The current ROE % is -28.18%. Associated British Engineering's overall GF Score™ is 34/100 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 Associated British Engineering (LSE:ASBE), the current ROE % is -28.18% as of Sep. 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.

Associated British Engineering Business Description

Address 61-65 Church Street, Harston, Cambridge, GBR, CB22 7NP
Associated British Engineering Plc is a United Kingdom-based holding company. The Company's segments include Associated British Engineering Plc and Akoris Trading Limited. Akoris Trading Limited, its subsidiary, is a commodity and natural resource trading, finance, and investment company. Its operations are located in the United Kingdom.
34GF Score

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

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