Grand Harbour MarinaMAL:GHM 52 ROE % is 14.91% as of Dec. 2025, which is 9% above its 10-year median of 13.62. GuruFocus rates MAL:GHM with a GF Score™ of 52/100 and a GF Value™ of €0.80 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 824 Travel & Leisure companies, Grand Harbour Marina ranks better than 80.1% on this metric.
The historical rank and industry rank for Grand Harbour Marina's ROE % or its related term are showing as below:
MAL:GHM'
s ROE % Range Over the Past 10 Years
Min: -33.4 Med: 13.62 Max: 53.28
Current: 18.34
During the past 13 years, Grand Harbour Marina's highest ROE % was 53.28%. The lowest was -33.40%. And the median was 13.62%.
MAL:GHM's ROE % is ranked better than 80.1% of 824
companies
in the Travel & Leisure industry
Industry Median: 5.485
vs MAL:GHM: 18.34
Grand Harbour Marina (MAL:GHM) 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 (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.
* 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 Leisure subindustry, Grand Harbour Marina'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.
Grand Harbour Marina ROE % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Grand Harbour Marina's ROE % distribution charts can be found below:
* The bar in red indicates where Grand Harbour Marina'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 (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Grand Harbour Marina (MAL:GHM) has a ROE % of 14.91% 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 Grand Harbour Marina and its competitors. This is near median its historical median of 13.62. According to the industry distribution chart, Grand Harbour Marina ranks #164 out of 824 companies in the Travel & Leisure industry, placing it in the top 19.9%.
Is Grand Harbour Marina's ROE % too high?
Grand Harbour Marina's current ROE % of 14.91% is near median its 10-year median of 13.62. The Travel & Leisure industry median ROE % is 5.49. Grand Harbour Marina's value of 14.91% is 171.8% above this industry median. Based on the distribution chart, Grand Harbour Marina ranks #164 out of 824 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Grand Harbour Marina has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grand Harbour Marina's ROE % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Grand Harbour Marina ranks #164 out of 824 companies for ROE %. This places Grand Harbour Marina in the top 20% of its industry — outperforming the majority of peers. The industry median ROE % is 5.49. Grand Harbour Marina's value of 14.91% is 171.8% above this benchmark. While the company's 10-year median is 13.62 vs. the industry median of 5.49, Grand Harbour Marina 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 a Travel & Leisure company?
The median ROE % among Travel & Leisure companies is 5.49, based on 824 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. Grand Harbour Marina's current ROE % of 14.91% is 171.8% 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 Grand Harbour Marina and its competitors. For the Travel & Leisure industry, the median ROE % is 5.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Harbour Marina's current ROE % is 14.91%, which is near median its own 10-year median of 13.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Harbour Marina stock overvalued right now?
Based on GuruFocus' analysis, Grand Harbour Marina (MAL:GHM) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.80, compared to a current price of €0.95 — trading 18.8% above its estimated fair value. The current ROE % is 14.91%, which is near median its 10-year median of 13.62 and 171.8% above the Travel & Leisure industry median of 5.49. Grand Harbour Marina's overall GF Score™ is 52/100 with 8 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 Grand Harbour Marina (MAL:GHM), the current ROE % is 14.91% 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.
Is Grand Harbour Marina (MAL:GHM) Overvalued in 2026?
Based on GuruFocus' analysis, Grand Harbour Marina stock appears to be overvalued.
The current stock price of €0.95 is trading 18.8% above its estimated GF Value™ of €0.80.
GuruFocus considers Grand Harbour Marina to be Modestly Overvalued.
Key valuation signals for MAL:GHM:
ROE %: 14.91% (near median its 10-year median of 13.62)
GF Value™: €0.80 vs. price of €0.95 (18.8% above fair value)
Industry Position: 171.8% above the Travel & Leisure median (#164 of 824)
No single metric tells the full story. See the MAL:GHM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grand Harbour Marina PLC is a Malta-based marina company. The principal business activities of the company and its joint venture are acquiring, developing, operating, and managing marinas. The group has two reportable segments, Grand Harbour Marina and IC Cesme Marina. The business operates in each of these two operating segments in the ownership and operation of marina facilities providing berthing and ancillary services for yachts and super-yachts. It generates maximum revenue from the Grand Harbour Marina segment.
52GF Score
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