ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Zenova Group's annualized net income for the quarter that ended in May. 2025 was £-0.60 Mil. Zenova Group's average Total Stockholders Equity over the quarter that ended in May. 2025 was £1.47 Mil. Therefore, Zenova Group's annualized ROE % for the quarter that ended in May. 2025 was -41.03%.
The historical rank and industry rank for Zenova Group's ROE % or its related term are showing as below:
LSE:ZED'
s ROE % Range Over the Past 10 Years
Min: -69.63 Med: -55.65 Max: -44.32
Current: -61.26
During the past 5 years, Zenova Group's highest ROE % was -44.32%. The lowest was -69.63%. And the median was -55.65%.
LSE:ZED's ROE % is not ranked
in the Chemicals industry.
Industry Median: 5.185
vs LSE:ZED: -61.26
Zenova Group (LSE:ZED) 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 (May. 2025) net income data. The Revenue data used here is two times the semi-annual (May. 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.
Zenova Group ROE % Related Terms
Zenova Group ROE % Historical Data
* Premium members only.
The historical data trend for Zenova 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.
For the Specialty Chemicals subindustry, Zenova 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.
Zenova Group ROE % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Zenova Group's ROE % distribution charts can be found below:
* The bar in red indicates where Zenova Group'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 (May. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Zenova Group (LSE:ZED) has a ROE % of -41.03% as of May. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Zenova Group and its competitors.
Is Zenova Group's ROE % too high?
Zenova Group's current ROE % is -41.03%.
How does Zenova Group's ROE % compare to LIN and SHW?
Zenova Group's ROE % of -41.03% can be compared against companies in the Chemicals industry. The industry median ROE % is 5.19. 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 Chemicals company?
The median ROE % among Chemicals companies is 5.19, based on 1,586 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 Zenova Group and its competitors. For the Chemicals industry, the median ROE % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zenova Group's current ROE % is -41.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenova Group stock overvalued right now?
Zenova Group (LSE:ZED) has a current ROE % of -41.03%. The current ROE % is -41.03%. 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 Zenova Group (LSE:ZED), the current ROE % is -41.03% as of May. 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.
Zenova Group PLC is engaged in the development, manufacture, and sale of fire-retardant systems. It is the holder of intellectual property to underpin a suite of fire safety and temperature management products and technology applicable to industrial, commercial and residential markets. The company's product range includes fire protection paint, insulating paint and render and extinguishing fluid, and it has further products in varying stages of development and testing.
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