Northern BearLSE:NTBR 43 ROE % is 25.52% as of Sep. 2025, which is 264% above its 10-year median of 7.01. GuruFocus rates LSE:NTBR with a GF Score™ of 43/100 and a GF Value™ of £0.90 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,737 Construction companies, Northern Bear ranks better than 82.44% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Northern Bear's annualized net income for the quarter that ended in Sep. 2025 was £6.02 Mil. Northern Bear's average Total Stockholders Equity over the quarter that ended in Sep. 2025 was £23.58 Mil. Therefore, Northern Bear's annualized ROE % for the quarter that ended in Sep. 2025 was 25.52%.
The historical rank and industry rank for Northern Bear's ROE % or its related term are showing as below:
LSE:NTBR'
s ROE % Range Over the Past 10 Years
Min: -10.83 Med: 7.01 Max: 18.28
Current: 18.28
During the past 13 years, Northern Bear's highest ROE % was 18.28%. The lowest was -10.83%. And the median was 7.01%.
LSE:NTBR's ROE % is ranked better than 82.44% of 1737
companies
in the Construction industry
Industry Median: 6.72
vs LSE:NTBR: 18.28
Northern Bear (LSE:NTBR) 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:
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.
Northern Bear ROE % Related Terms
Northern Bear ROE % Historical Data
* Premium members only.
The historical data trend for Northern Bear'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.
For the Building Products & Equipment subindustry, Northern Bear'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.
Northern Bear ROE % vs Construction Industry
For the Construction industry and Industrials sector, Northern Bear's ROE % distribution charts can be found below:
* The bar in red indicates where Northern Bear's ROE % falls into.
* 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.
Northern Bear (LSE:NTBR) has a ROE % of 25.52% 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 Northern Bear and its competitors. This is 264% above median its historical median of 7.01. According to the industry distribution chart, Northern Bear ranks #305 out of 1737 companies in the Construction industry, placing it in the top 17.6%.
Is Northern Bear's ROE % too high?
Northern Bear's current ROE % of 25.52% is 264% above median its 10-year median of 7.01. The Construction industry median ROE % is 6.72. Northern Bear's value of 25.52% is 279.8% above this industry median. Based on the distribution chart, Northern Bear ranks #305 out of 1737 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Northern Bear has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Northern Bear's ROE % compare to TT and JCI?
According to the Construction industry distribution chart, Northern Bear ranks #305 out of 1737 companies for ROE %. This places Northern Bear in the top 18% of its industry — outperforming the majority of peers. The industry median ROE % is 6.72. Northern Bear's value of 25.52% is 279.8% above this benchmark. While the company's 10-year median is 7.01 vs. the industry median of 6.72, Northern Bear 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 Construction company?
The median ROE % among Construction companies is 6.72, based on 1,737 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. Northern Bear's current ROE % of 25.52% is 279.8% 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 Northern Bear and its competitors. For the Construction industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Bear's current ROE % is 25.52%, which is 264% above median its own 10-year median of 7.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Bear stock overvalued right now?
Based on GuruFocus' analysis, Northern Bear (LSE:NTBR) is currently considered Modestly Overvalued. The stock's GF Value™ is £0.90, compared to a current price of £1.03 — trading 13.9% above its estimated fair value. The current ROE % is 25.52%, which is 264% above median its 10-year median of 7.01 and 279.8% above the Construction industry median of 6.72. Northern Bear's overall GF Score™ is 43/100 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 Northern Bear (LSE:NTBR), the current ROE % is 25.52% 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.
Is Northern Bear (LSE:NTBR) Overvalued in 2026?
Based on GuruFocus' analysis, Northern Bear stock appears to be overvalued.
The current stock price of £1.03 is trading 13.9% above its estimated GF Value™ of £0.90.
GuruFocus considers Northern Bear to be Modestly Overvalued.
Key valuation signals for LSE:NTBR:
ROE %: 25.52% (264% above median its 10-year median of 7.01)
GF Value™: £0.90 vs. price of £1.03 (13.9% above fair value)
Industry Position: 279.8% above the Construction median (#305 of 1737)
No single metric tells the full story. See the LSE:NTBR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Northern Bear PLC is a specialist building service provider serving the support services sector. Its operating segments include Roofing activities - companies providing a comprehensive range of roofing services including slang, felting, refurbishment, and maintenance for domestic, commercial, and public sector properties; Materials handling activities - supply, service, and maintenance of forklift trucks and warehouse equipment on hire and for sale; Specialist building services activities - aggregation of other specialist building services companies providing services including building maintenance, electrical contracting, and sound insulation and Corporate and other activities - the provision of head office activity and consolidation items. It generates revenues mainly from the UK.
43GF Score
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