Vulcan Two Group (LSE:VUL) ROE %: -48.24% (As of Dec. 2025)

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LSE:VUL Vulcan Two Group PLC LSE:VUL
19 GF Score
Price £2.66
! 3 Warning Signs
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What is Vulcan Two Group ROE %?

Vulcan Two Group LSE:VUL -3.62% 19 ROE % is -48.24% as of Dec. 2025. GuruFocus rates LSE:VUL with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 1,612 Asset Management companies, Vulcan Two Group ranks worse than 94.6% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Vulcan Two Group's annualized net income for the quarter that ended in Dec. 2025 was £-2.29 Mil. Vulcan Two Group's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was £4.74 Mil. Therefore, Vulcan Two Group's annualized ROE % for the quarter that ended in Dec. 2025 was -48.24%.

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

LSE:VUL' s ROE % Range Over the Past 10 Years
Min: -39.22   Med: -25.6   Max: -25.6
Current: -39.22

During the past 4 years, Vulcan Two Group's highest ROE % was -25.60%. The lowest was -39.22%. And the median was -25.60%.

LSE:VUL's ROE % is ranked worse than
94.6% of 1612 companies
in the Asset Management industry
Industry Median: 6.64 vs LSE:VUL: -39.22

Vulcan Two Group  (LSE:VUL) 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
=-2.286/4.7385
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.286 / 0)*(0 / 5.025)*(5.025 / 4.7385)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.0605
=ROA %*Equity Multiplier
=N/A %*1.0605
=-48.24 %

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
=-2.286/4.7385
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-2.286 / -2.286) * (-2.286 / -2.44) * (-2.44 / 0) * (0 / 5.025) * (5.025 / 4.7385)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.9369 * N/A % * 0 * 1.0605
=-48.24 %

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.


Vulcan Two Group ROE % Related Terms


Vulcan Two Group ROE % Historical Data

* Premium members only.

The historical data trend for Vulcan Two Group'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.

Vulcan Two Group ROE % Chart

Vulcan Two Group Annual Data
Trend Dec22 Dec23 Dec24 Dec25
ROE %
0.00 0.00 0.00 -25.60

Vulcan Two Group Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 -48.24

LSE:VUL vs BLK, BX, KKR: ROE % Comparison

For the Asset Management subindustry, Vulcan Two Group'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.


Vulcan Two Group ROE % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Vulcan Two Group's ROE % distribution charts can be found below:

* The bar in red indicates where Vulcan Two Group's ROE % falls into.


LSE:VUL
19GF Score
Vulcan Two Group PLC LSE:VUL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vulcan Two Group ROE % Calculation

Vulcan Two Group'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 )
=-1.223/( (-0.123+9.679)/ 2 )
=-1.223/4.778
=-25.60 %

Vulcan Two Group'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 )
=-2.286/( (-0.202+9.679)/ 2 )
=-2.286/4.7385
=-48.24 %

* 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 -48.24% mean?
Vulcan Two Group (LSE:VUL) has a ROE % of -48.24% 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 Vulcan Two Group and its competitors. According to the industry distribution chart, Vulcan Two Group ranks #1525 out of 1612 companies in the Asset Management industry, placing it in the top 94.6%.
Is Vulcan Two Group's ROE % too high?
Vulcan Two Group's current ROE % is -48.24%. Based on the distribution chart, Vulcan Two Group ranks #1525 out of 1612 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Vulcan Two Group has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Vulcan Two Group's ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, Vulcan Two Group ranks #1525 out of 1612 companies for ROE %. This places Vulcan Two Group in the lower half of its industry. The industry median ROE % is 6.64. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Asset Management company?
The median ROE % among Asset Management companies is 6.64, based on 1,612 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 Vulcan Two Group and its competitors. For the Asset Management industry, the median ROE % is 6.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vulcan Two Group's current ROE % is -48.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vulcan Two Group stock overvalued right now?
Vulcan Two Group (LSE:VUL) has a current ROE % of -48.24%. The current ROE % is -48.24%. Vulcan Two Group's overall GF Score™ is 19/100 with 3 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 Vulcan Two Group (LSE:VUL), the current ROE % is -48.24% 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.

Vulcan Two Group Business Description

Address 3-7 Temple Avenue, 201 Temple Chambers, London, GBR, EC4Y 0DT
Vulcan Two Group PLC is principally engaged in the acquisition and subsequent development of assets within a target sector or industry. The group currently consists of CloudRx, Hyperdrug and Webmed. CloudRx provides a digital end-to-end prescription fulfilment service for private prescribers. Hyperdrug is a D2C digital pharmacy and online pet store, dispensing and distributing veterinary and human medications, as well as a wide range of animal products and accessories. Webmed is a vertically integrated B2C digital pharmacy, dispensing and distributing medications through a bespoke consumer-facing eCommerce website.
19GF 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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