Fotex Holding SE Co (LUX:FTXHG) ROE %: 3.94% (As of Jun. 2025) — 18% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LUX:FTXHG Fotex Holding SE Co Ltd LUX:FTXHG
73 GF Score
Price €2.50
GF Value €4.03
Valuation Significantly Undervalued
View Full Analysis

What is Fotex Holding SE Co ROE %?

Fotex Holding SE Co LUX:FTXHG 73 ROE % is 3.94% as of Jun. 2025, which is 18% below its 10-year median of 4.82. GuruFocus rates LUX:FTXHG with a GF Score™ of 73/100 and a GF Value™ of €4.03 (Significantly Undervalued). Among 1,736 Real Estate companies, Fotex Holding SE Co ranks better than 53.69% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Fotex Holding SE Co's annualized net income for the quarter that ended in Jun. 2025 was €7.79 Mil. Fotex Holding SE Co's average Total Stockholders Equity over the quarter that ended in Jun. 2025 was €197.89 Mil. Therefore, Fotex Holding SE Co's annualized ROE % for the quarter that ended in Jun. 2025 was 3.94%.

The historical rank and industry rank for Fotex Holding SE Co's ROE % or its related term are showing as below:

LUX:FTXHG' s ROE % Range Over the Past 10 Years
Min: 2.5   Med: 4.82   Max: 17.36
Current: 5

During the past 13 years, Fotex Holding SE Co's highest ROE % was 17.36%. The lowest was 2.50%. And the median was 4.82%.

LUX:FTXHG's ROE % is ranked better than
53.69% of 1736 companies
in the Real Estate industry
Industry Median: 4 vs LUX:FTXHG: 5.00

Fotex Holding SE Co  (LUX:FTXHG) 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: Jun. 2025 )
=Net Income/Total Stockholders Equity
=7.788/197.888
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(7.788 / 44.422)*(44.422 / 217.523)*(217.523 / 197.888)
=Net Margin %*Asset Turnover*Equity Multiplier
=17.53 %*0.2042*1.0992
=ROA %*Equity Multiplier
=3.58 %*1.0992
=3.94 %

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: Jun. 2025 )
=Net Income/Total Stockholders Equity
=7.788/197.888
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (7.788 / 9.7) * (9.7 / 9.046) * (9.046 / 44.422) * (44.422 / 217.523) * (217.523 / 197.888)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8029 * 1.0723 * 20.36 % * 0.2042 * 1.0992
=3.94 %

Note: The net income data used here is two times the semi-annual (Jun. 2025) net income data. The Revenue data used here is two times the semi-annual (Jun. 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.


Fotex Holding SE Co ROE % Related Terms


Fotex Holding SE Co ROE % Historical Data

* Premium members only.

The historical data trend for Fotex Holding SE Co'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.

Fotex Holding SE Co ROE % Chart

Fotex Holding SE Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.68 15.85 4.52 4.79 5.39

Fotex Holding SE Co Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 5.01 4.52 4.70 6.09 3.94

LUX:FTXHG vs CBRE, BEKE, JLL: ROE % Comparison

For the Real Estate Services subindustry, Fotex Holding SE Co'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.


Fotex Holding SE Co ROE % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Fotex Holding SE Co's ROE % distribution charts can be found below:

* The bar in red indicates where Fotex Holding SE Co's ROE % falls into.


LUX:FTXHG
73GF Score
Fotex Holding SE Co Ltd LUX:FTXHG
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fotex Holding SE Co ROE % Calculation

Fotex Holding SE Co's annualized ROE % for the fiscal year that ended in Dec. 2024 is calculated as

ROE %=Net Income (A: Dec. 2024 )/( (Total Stockholders Equity (A: Dec. 2023 )+Total Stockholders Equity (A: Dec. 2024 ))/ count )
=10.326/( (187.843+195.415)/ 2 )
=10.326/191.629
=5.39 %

Fotex Holding SE Co's annualized ROE % for the quarter that ended in Jun. 2025 is calculated as

ROE %=Net Income (Q: Jun. 2025 )/( (Total Stockholders Equity (Q: Dec. 2024 )+Total Stockholders Equity (Q: Jun. 2025 ))/ count )
=7.788/( (195.415+200.361)/ 2 )
=7.788/197.888
=3.94 %

* 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 (Jun. 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 3.94% mean?
Fotex Holding SE Co (LUX:FTXHG) has a ROE % of 3.94% as of Jun. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Fotex Holding SE Co and its competitors. This is 18% below median its historical median of 4.82. Over the past decade, Fotex Holding SE Co's ROE % has ranged from 2.50 to 17.36. According to the industry distribution chart, Fotex Holding SE Co ranks #804 out of 1736 companies in the Real Estate industry, placing it in the top 46.3%.
Is Fotex Holding SE Co's ROE % too high?
Fotex Holding SE Co's current ROE % of 3.94% is 18% below median its 10-year median of 4.82. Over the past 10 years, this metric has ranged from a low of 2.50 to a high of 17.36. The Real Estate industry median ROE % is 4.00. Fotex Holding SE Co's value of 3.94% is 1.5% below this industry median. Based on the distribution chart, Fotex Holding SE Co ranks #804 out of 1736 companies in the Real Estate industry, which is above the industry midpoint. Overall, Fotex Holding SE Co has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fotex Holding SE Co's ROE % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Fotex Holding SE Co ranks #804 out of 1736 companies for ROE %. This puts Fotex Holding SE Co in the upper half of its industry. The industry median ROE % is 4.00. Fotex Holding SE Co's value of 3.94% is 1.5% below this benchmark. Historically, Fotex Holding SE Co's own ROE % has ranged from 2.50 to 17.36 over the past decade. While the company's 10-year median is 4.82 vs. the industry median of 4.00, Fotex Holding SE Co has consistently been below 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 Real Estate company?
The median ROE % among Real Estate companies is 4.00, based on 1,736 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. Fotex Holding SE Co's current ROE % of 3.94% is 1.5% below 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 Fotex Holding SE Co and its competitors. For the Real Estate industry, the median ROE % is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fotex Holding SE Co's current ROE % is 3.94%, which is 18% below median its own 10-year median of 4.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fotex Holding SE Co stock overvalued right now?
Based on GuruFocus' analysis, Fotex Holding SE Co (LUX:FTXHG) is currently considered Significantly Undervalued. The stock's GF Value™ is €4.03, compared to a current price of €2.50 — trading 38% below its estimated fair value. The current ROE % is 3.94%, which is 18% below median its 10-year median of 4.82 and 1.5% below the Real Estate industry median of 4.00. Fotex Holding SE Co's overall GF Score™ is 73/100. 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 Fotex Holding SE Co (LUX:FTXHG), the current ROE % is 3.94% as of Jun. 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 Fotex Holding SE Co (LUX:FTXHG) Overvalued in 2026?

Based on GuruFocus' analysis, Fotex Holding SE Co stock appears to be undervalued. The current stock price of €2.50 is trading 38% below its estimated GF Value™ of €4.03. GuruFocus considers Fotex Holding SE Co to be Significantly Undervalued.

Key valuation signals for LUX:FTXHG:

  • ROE %: 3.94% (18% below median its 10-year median of 4.82)
  • GF Value™: €4.03 vs. price of €2.50 (38% below fair value)
  • GF Score™: 73/100
  • Industry Position: 1.5% below the Real Estate median (#804 of 1736)

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


Fotex Holding SE Co Business Description

Other Exchanges 0MCY:UK
Address 28, Avenue Pasteur, Luxembourg, LUX, L-2310
Fotex Holding SE Co Ltd is engaged in a variety of property management, manufacturing, retailing, and other activities. It operates in a single segment, real estate, and investment properties. It develops, invests, and manages real estate properties, and offers real estate investment consulting, and leasing. It has operations in the Netherlands, Luxembourg, and Hungary, and the majority of its revenue comes from Hungary. The revenue from the selling of goods is generated by selling crystal and glass products, and other consumer products.
73GF Score

Get the complete analysis for LUX:FTXHG

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

€2.50
Price
€4.03
GF Value