ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Lucara Diamond's annualized net income for the quarter that ended in Mar. 2026 was kr-543 Mil. Lucara Diamond's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was kr3,354 Mil. Therefore, Lucara Diamond's annualized ROE % for the quarter that ended in Mar. 2026 was -16.19%.
The historical rank and industry rank for Lucara Diamond's ROE % or its related term are showing as below:
LTS:0QUI'
s ROE % Range Over the Past 10 Years
Min: -11.63 Med: 9.59 Max: 30.46
Current: 3.63
During the past 13 years, Lucara Diamond's highest ROE % was 30.46%. The lowest was -11.63%. And the median was 9.59%.
LTS:0QUI's ROE % is ranked better than 76.27% of 2389
companies
in the Metals & Mining industry
Industry Median: -16.11
vs LTS:0QUI: 3.63
Lucara Diamond (LTS:0QUI) 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 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.
Lucara Diamond ROE % Related Terms
Lucara Diamond ROE % Historical Data
* Premium members only.
The historical data trend for Lucara Diamond'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 Other Precious Metals & Mining subindustry, Lucara Diamond'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.
Lucara Diamond ROE % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Lucara Diamond's ROE % distribution charts can be found below:
* The bar in red indicates where Lucara Diamond'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 four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Lucara Diamond (LTS:0QUI) has a ROE % of -16.19% 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 Lucara Diamond and its competitors. According to the industry distribution chart, Lucara Diamond ranks #567 out of 2389 companies in the Metals & Mining industry, placing it in the top 23.7%.
Is Lucara Diamond's ROE % too high?
Lucara Diamond's current ROE % is -16.19%. Based on the distribution chart, Lucara Diamond ranks #567 out of 2389 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Lucara Diamond has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Lucara Diamond's ROE % compare to HL?
According to the Metals & Mining industry distribution chart, Lucara Diamond ranks #567 out of 2389 companies for ROE %. This places Lucara Diamond in the top 24% of its industry — outperforming the majority of peers. 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 Metals & Mining company?
A good ROE % depends on the Metals & Mining industry context. 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 Lucara Diamond and its competitors. Lucara Diamond's current ROE % is -16.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lucara Diamond stock overvalued right now?
Lucara Diamond (LTS:0QUI) has a current ROE % of -16.19%. The stock's GF Value™ is kr3.80, compared to a current price of kr2.19 — trading 42.4% below its estimated fair value. The current ROE % is -16.19%. Lucara Diamond's overall GF Score™ is 64/100 with 6 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 Lucara Diamond (LTS:0QUI), the current ROE % is -16.19% 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 Lucara Diamond (LTS:0QUI) Overvalued in 2026?
Based on GuruFocus' analysis, Lucara Diamond stock appears to be undervalued.
The current stock price of kr2.19 is trading 42.4% below its estimated GF Value™ of kr3.80.
Key valuation signals for LTS:0QUI:
ROE %: -16.19%
GF Value™: kr3.80 vs. price of kr2.19 (42.4% below fair value)
No single metric tells the full story. See the LTS:0QUI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lucara Diamond Corp is a diamond mining company focused on the development and operation of its Karowe Mine located in Botswana. The company has one operating segment: Karowe Mine, from which it derives revenue.
64GF Score
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