MAXQF (Maritime Launch Services) ROE %: -24.40% (As of Mar. 2026)


MAXQF Maritime Launch Services Inc MAXQF
26 GF Score
Price $0.33
! 5 Warning Signs
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What is Maritime Launch Services ROE %?

Maritime Launch Services MAXQF +1.51% 26 ROE % is -24.40% as of Mar. 2026. GuruFocus rates MAXQF with a GF Score™ of 26/100. The stock has 5 warning signs investors should review. Among 347 Aerospace & Defense companies, Maritime Launch Services ranks worse than 99.14% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Maritime Launch Services's annualized net income for the quarter that ended in Mar. 2026 was $-3.19 Mil. Maritime Launch Services's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $13.07 Mil. Therefore, Maritime Launch Services's annualized ROE % for the quarter that ended in Mar. 2026 was -24.40%.

The historical rank and industry rank for Maritime Launch Services's ROE % or its related term are showing as below:

MAXQF' s ROE % Range Over the Past 10 Years
Min: -1502.22   Med: -636.99   Max: -200.87
Current: -874.39

During the past 7 years, Maritime Launch Services's highest ROE % was -200.87%. The lowest was -1,502.22%. And the median was -636.99%.

MAXQF's ROE % is ranked worse than
99.14% of 347 companies
in the Aerospace & Defense industry
Industry Median: 5.91 vs MAXQF: -874.39

Maritime Launch Services  (OTCPK:MAXQF) 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
=-3.188/13.065
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.188 / 2.76)*(2.76 / 26.641)*(26.641 / 13.065)
=Net Margin %*Asset Turnover*Equity Multiplier
=-115.51 %*0.1036*2.0391
=ROA %*Equity Multiplier
=-11.97 %*2.0391
=-24.40 %

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
=-3.188/13.065
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-3.188 / -3.188) * (-3.188 / -0.48) * (-0.48 / 2.76) * (2.76 / 26.641) * (26.641 / 13.065)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 6.6417 * -17.39 % * 0.1036 * 2.0391
=-24.40 %

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.


Maritime Launch Services ROE % Related Terms


Maritime Launch Services ROE % Historical Data

* Premium members only.

The historical data trend for Maritime Launch Services'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.

Maritime Launch Services ROE % Chart

Maritime Launch Services Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 0.00 -1,708.72 -202.53 0.00 -632.52

Maritime Launch Services 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 Negative Equity 0.00 0.00 -2,753.43 -24.40

MAXQF vs SPCX, GE, RTX: ROE % Comparison

For the Aerospace & Defense subindustry, Maritime Launch Services'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.


Maritime Launch Services ROE % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Maritime Launch Services's ROE % distribution charts can be found below:

* The bar in red indicates where Maritime Launch Services's ROE % falls into.


MAXQF
26GF Score
Maritime Launch Services Inc MAXQF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Maritime Launch Services ROE % Calculation

Maritime Launch Services'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 )
=-34.276/( (-2.323+13.161)/ 2 )
=-34.276/5.419
=-632.52 %

Maritime Launch Services'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 )
=-3.188/( (13.161+12.969)/ 2 )
=-3.188/13.065
=-24.40 %

* 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 -24.40% mean?
Maritime Launch Services (MAXQF) has a ROE % of -24.40% 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 Maritime Launch Services and its competitors. According to the industry distribution chart, Maritime Launch Services ranks #344 out of 347 companies in the Aerospace & Defense industry, placing it in the top 99.1%.
Is Maritime Launch Services' ROE % too high?
Maritime Launch Services' current ROE % is -24.40%. Based on the distribution chart, Maritime Launch Services ranks #344 out of 347 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Maritime Launch Services has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Maritime Launch Services' ROE % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Maritime Launch Services ranks #344 out of 347 companies for ROE %. This places Maritime Launch Services in the lower half of its industry. The industry median ROE % is 5.91. 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 Aerospace & Defense company?
The median ROE % among Aerospace & Defense companies is 5.91, based on 347 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 Maritime Launch Services and its competitors. For the Aerospace & Defense industry, the median ROE % is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maritime Launch Services's current ROE % is -24.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maritime Launch Services stock overvalued right now?
Maritime Launch Services (MAXQF) has a current ROE % of -24.40%. The current ROE % is -24.40%. Maritime Launch Services' overall GF Score™ is 26/100 with 5 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 Maritime Launch Services (MAXQF), the current ROE % is -24.40% 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.

Maritime Launch Services Business Description

Other Exchanges N5X:GermanyMAXQ:Canada
Address 1883 Upper Water Street, Suite 303, Halifax, NS, CAN, B3J 1S9
Maritime Launch Services Inc through its subsidiary, owns a fully-permitted site for the establishment of Canada's first commercial Spaceport from which to launch satellites via small and medium sized launch vehicles (rockets), into low earth orbit, located in Canso, Nova Scotia. is a commercial aerospace company responsible for developing Spaceport Nova Scotia, a satellite launching site for the commercial space transportation industry. The company is also focused towards hosting multiple launch vehicle companies that could each launch up to eight or more times per year and are capable of carrying numerous satellites on each mission.
26GF Score

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