Kendrion NV (LTS:0G68) ROE %: 11.83% (As of Mar. 2026) — 90% Above Median


LTS:0G68 Kendrion NV LTS:0G68
59 GF Score
Price €20.20
GF Value €10.72
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Kendrion NV ROE %?

Kendrion NV LTS:0G68 +2.43% 59 ROE % is 11.83% as of Mar. 2026, which is 90% above its 10-year median of 6.23. GuruFocus rates LTS:0G68 with a GF Score™ of 59/100 and a GF Value™ of €10.72 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,998 Industrial Products companies, Kendrion NV ranks better than 78.72% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Kendrion NV's annualized net income for the quarter that ended in Mar. 2026 was €18.0 Mil. Kendrion NV's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €152.2 Mil. Therefore, Kendrion NV's annualized ROE % for the quarter that ended in Mar. 2026 was 11.83%.

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

LTS:0G68' s ROE % Range Over the Past 10 Years
Min: -23.27   Med: 6.23   Max: 13.37
Current: 13.37

During the past 13 years, Kendrion NV's highest ROE % was 13.37%. The lowest was -23.27%. And the median was 6.23%.

LTS:0G68's ROE % is ranked better than
78.72% of 2998 companies
in the Industrial Products industry
Industry Median: 5.855 vs LTS:0G68: 13.37

Kendrion NV  (LTS:0G68) 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
=18/152.15
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(18 / 260.8)*(260.8 / 271.8)*(271.8 / 152.15)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.9 %*0.9595*1.7864
=ROA %*Equity Multiplier
=6.62 %*1.7864
=11.83 %

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
=18/152.15
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (18 / 25.2) * (25.2 / 23.2) * (23.2 / 260.8) * (260.8 / 271.8) * (271.8 / 152.15)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7143 * 1.0862 * 8.9 % * 0.9595 * 1.7864
=11.83 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.


Kendrion NV ROE % Related Terms


Kendrion NV ROE % Historical Data

* Premium members only.

The historical data trend for Kendrion NV'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.

Kendrion NV ROE % Chart

Kendrion NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.75 -23.27 5.71 -2.72 12.50

Kendrion NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 8.05 11.20 9.92 20.46 11.83

LTS:0G68 vs GEV, ETN, PH: ROE % Comparison

For the Specialty Industrial Machinery subindustry, Kendrion NV'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.


Kendrion NV ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kendrion NV's ROE % distribution charts can be found below:

* The bar in red indicates where Kendrion NV's ROE % falls into.


LTS:0G68
59GF Score
Kendrion NV LTS:0G68
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kendrion NV ROE % Calculation

Kendrion NV'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 )
=19.5/( (158.5+153.4)/ 2 )
=19.5/155.95
=12.50 %

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

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=18/( (153.4+150.9)/ 2 )
=18/152.15
=11.83 %

* 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 four times the quarterly (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 11.83% mean?
Kendrion NV (LTS:0G68) has a ROE % of 11.83% 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 Kendrion NV and its competitors. This is 90% above median its historical median of 6.23. According to the industry distribution chart, Kendrion NV ranks #638 out of 2998 companies in the Industrial Products industry, placing it in the top 21.3%.
Is Kendrion NV's ROE % too high?
Kendrion NV's current ROE % of 11.83% is 90% above median its 10-year median of 6.23. The Industrial Products industry median ROE % is 5.86. Kendrion NV's value of 11.83% is 102% above this industry median. Based on the distribution chart, Kendrion NV ranks #638 out of 2998 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Kendrion NV has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kendrion NV's ROE % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kendrion NV ranks #638 out of 2998 companies for ROE %. This places Kendrion NV in the top 21% of its industry — outperforming the majority of peers. The industry median ROE % is 5.86. Kendrion NV's value of 11.83% is 102% above this benchmark. While the company's 10-year median is 6.23 vs. the industry median of 5.86, Kendrion NV 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 an Industrial Products company?
The median ROE % among Industrial Products companies is 5.86, based on 2,998 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. Kendrion NV's current ROE % of 11.83% is 102% 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 Kendrion NV and its competitors. For the Industrial Products industry, the median ROE % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kendrion NV's current ROE % is 11.83%, which is 90% above median its own 10-year median of 6.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kendrion NV stock overvalued right now?
Based on GuruFocus' analysis, Kendrion NV (LTS:0G68) is currently considered Significantly Overvalued. The stock's GF Value™ is €10.72, compared to a current price of €20.20 — trading 88.4% above its estimated fair value. The current ROE % is 11.83%, which is 90% above median its 10-year median of 6.23 and 102% above the Industrial Products industry median of 5.86. Kendrion NV's overall GF Score™ is 59/100 with 4 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 Kendrion NV (LTS:0G68), the current ROE % is 11.83% 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 Kendrion NV (LTS:0G68) Overvalued in 2026?

Based on GuruFocus' analysis, Kendrion NV stock appears to be overvalued. The current stock price of €20.20 is trading 88.4% above its estimated GF Value™ of €10.72. GuruFocus considers Kendrion NV to be Significantly Overvalued.

Key valuation signals for LTS:0G68:

  • ROE %: 11.83% (90% above median its 10-year median of 6.23)
  • GF Value™: €10.72 vs. price of €20.20 (88.4% above fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 102% above the Industrial Products median (#638 of 2998)

No single metric tells the full story. See the LTS:0G68 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kendrion NV Business Description

Address Herikerbergweg 213, Vesta Building, 5th floor, Amsterdam, NLD, 1101 CN
Kendrion NV is engaged in developing and manufacturing electromagnetic brakes, actuators, and control units for a wide range of industrial applications, including wind turbines, robots, automated guided vehicles, energy distribution, medical equipment, and inductive heating. It operates through three Business Groups: Industrial Brakes and Industrial Actuators and Controls, and Mobility. It has a geographic presence in Asia, The Americas, Germany, Other European countries, and Other countries. The majority of the revenue comes from Germany. The majority of revenue is from Industrial Actuators.
59GF Score

Get the complete analysis for LTS:0G68

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

€20.20
Price
€10.72
GF Value