SKF AB (MEX:SKFB N) ROE %: 11.77% (As of Mar. 2026) — 16% Below Median


MEX:SKFB N SKF AB MEX:SKFB N
84 GF Score
Price MXN356.91
GF Value MXN273.86
! 9 Warning Signs
View Full Analysis

What is SKF AB ROE %?

SKF AB MEX:SKFB N 84 ROE % is 11.77% as of Mar. 2026, which is 16% below its 10-year median of 13.99. GuruFocus rates MEX:SKFB N with a GF Score™ of 84/100 and a GF Value™ of MXN273.86. The stock has 9 warning signs investors should review. Among 3,009 Industrial Products companies, SKF AB ranks better than 54.17% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. SKF AB's annualized net income for the quarter that ended in Mar. 2026 was MXN12,596 Mil. SKF AB's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was MXN106,982 Mil. Therefore, SKF AB's annualized ROE % for the quarter that ended in Mar. 2026 was 11.77%.

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

MEX:SKFB N' s ROE % Range Over the Past 10 Years
Min: 6.85   Med: 13.99   Max: 23.66
Current: 6.85

During the past 13 years, SKF AB's highest ROE % was 23.66%. The lowest was 6.85%. And the median was 13.99%.

MEX:SKFB N's ROE % is ranked better than
54.17% of 3009 companies
in the Industrial Products industry
Industry Median: 5.91 vs MEX:SKFB N: 6.85

SKF AB  (MEX:SKFB N) 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
=12595.716/106982.4845
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(12595.716 / 169333.812)*(169333.812 / 210857.914)*(210857.914 / 106982.4845)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.44 %*0.8031*1.971
=ROA %*Equity Multiplier
=5.98 %*1.971
=11.77 %

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
=12595.716/106982.4845
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (12595.716 / 18324.56) * (18324.56 / 20461.264) * (20461.264 / 169333.812) * (169333.812 / 210857.914) * (210857.914 / 106982.4845)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6874 * 0.8956 * 12.08 % * 0.8031 * 1.971
=11.77 %

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.


SKF AB ROE % Related Terms


SKF AB ROE % Historical Data

* Premium members only.

The historical data trend for SKF AB'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.

SKF AB ROE % Chart

SKF AB 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 18.37 8.56 11.45 12.26 7.01

SKF AB 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 12.72 3.71 7.80 4.21 11.77

MEX:SKFB N vs SNA, RBC, LECO: ROE % Comparison

For the Tools & Accessories subindustry, SKF AB'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.


SKF AB ROE % vs Industrial Products Industry

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

* The bar in red indicates where SKF AB's ROE % falls into.


MEX:SKFB N
84GF Score
SKF AB MEX:SKFB N
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SKF AB ROE % Calculation

SKF AB'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 )
=7608.37/( (113247.305+103765.996)/ 2 )
=7608.37/108506.6505
=7.01 %

SKF AB'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 )
=12595.716/( (103765.996+110198.973)/ 2 )
=12595.716/106982.4845
=11.77 %

* 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 11.77% mean?
SKF AB (MEX:SKFB N) has a ROE % of 11.77% 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 SKF AB and its competitors. This is 16% below median its historical median of 13.99. Over the past decade, SKF AB's ROE % has ranged from 6.85 to 23.66. According to the industry distribution chart, SKF AB ranks #1379 out of 3009 companies in the Industrial Products industry, placing it in the top 45.8%.
Is SKF AB's ROE % too high?
SKF AB's current ROE % of 11.77% is 16% below median its 10-year median of 13.99. Over the past 10 years, this metric has ranged from a low of 6.85 to a high of 23.66. The Industrial Products industry median ROE % is 5.91. SKF AB's value of 11.77% is 99.2% above this industry median. Based on the distribution chart, SKF AB ranks #1379 out of 3009 companies in the Industrial Products industry, which is above the industry midpoint. Overall, SKF AB has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does SKF AB's ROE % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, SKF AB ranks #1379 out of 3009 companies for ROE %. This puts SKF AB in the upper half of its industry. The industry median ROE % is 5.91. SKF AB's value of 11.77% is 99.2% above this benchmark. Historically, SKF AB's own ROE % has ranged from 6.85 to 23.66 over the past decade. While the company's 10-year median is 13.99 vs. the industry median of 5.91, SKF AB 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 5.91, based on 3,009 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. SKF AB's current ROE % of 11.77% is 99.2% 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 SKF AB and its competitors. For the Industrial Products industry, the median ROE % is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SKF AB's current ROE % is 11.77%, which is 16% below median its own 10-year median of 13.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SKF AB stock overvalued right now?
SKF AB (MEX:SKFB N) has a current ROE % of 11.77%. The stock's GF Value™ is MXN273.86, compared to a current price of MXN356.91 — trading 30.3% above its estimated fair value. The current ROE % is 11.77%, which is 16% below median its 10-year median of 13.99 and 99.2% above the Industrial Products industry median of 5.91. SKF AB's overall GF Score™ is 84/100 with 9 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 SKF AB (MEX:SKFB N), the current ROE % is 11.77% 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 SKF AB (MEX:SKFB N) Overvalued in 2026?

Based on GuruFocus' analysis, SKF AB stock appears to be overvalued. The current stock price of MXN356.91 is trading 30.3% above its estimated GF Value™ of MXN273.86.

Key valuation signals for MEX:SKFB N:

  • ROE %: 11.77% (16% below median its 10-year median of 13.99)
  • GF Value™: MXN273.86 vs. price of MXN356.91 (30.3% above fair value)
  • GF Score™: 84/100 with 9 warning signs
  • Industry Position: 99.2% above the Industrial Products median (#1379 of 3009)

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


SKF AB Business Description

Address Sven Wingquists Gata 2, Gothenburg, SWE, 415 50
SKF's history goes back to the first major patents in ball bearings, when in 1907 it was the first to patent the self-aligning ball bearing. SKF and Schaeffler Group are the top two global ball bearing suppliers, followed by Timken, NSK, NTN, and JTEKT. Combined, these six companies supply about 60% of the world's ball bearings. However, most of them have sector niches, as ball bearings for industrial purposes are engineered for specific applications. SKF is based in Sweden and has a global manufacturing footprint of 106 sites and about 17,000 global distributor locations. The firm operates under two segments: industrials, with a fairly fragmented customer base; and automotive, which is the opposite, with a concentrated customer base including the likes of Tesla.
84GF Score

Get the complete analysis for MEX:SKFB N

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

MXN356.91
Price
MXN273.86
GF Value