SterisMEX:STE N 90 ROE % is 12.30% as of Mar. 2026, which is 29% above its 10-year median of 9.53. GuruFocus rates MEX:STE N with a GF Score™ of 90/100 and a GF Value™ of MXN4,960.30. The stock has 1 warning sign investors should review. Among 799 Medical Devices & Instruments companies, Steris ranks better than 77.85% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Steris's annualized net income for the quarter that ended in Mar. 2026 was MXN15,883 Mil. Steris's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was MXN129,181 Mil. Therefore, Steris's annualized ROE % for the quarter that ended in Mar. 2026 was 12.30%.
The historical rank and industry rank for Steris's ROE % or its related term are showing as below:
MEX:STE N'
s ROE % Range Over the Past 10 Years
Min: 1.7 Med: 9.53 Max: 12.38
Current: 11.21
During the past 13 years, Steris's highest ROE % was 12.38%. The lowest was 1.70%. And the median was 9.53%.
MEX:STE N's ROE % is ranked better than 77.85% of 799
companies
in the Medical Devices & Instruments industry
Industry Median: 2.42
vs MEX:STE N: 11.21
Steris (MEX:STE 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:
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.
Steris ROE % Related Terms
Steris ROE % Historical Data
* Premium members only.
The historical data trend for Steris'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 Medical Devices subindustry, Steris'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.
Steris ROE % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Steris's ROE % distribution charts can be found below:
* The bar in red indicates where Steris'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.
Steris (MEX:STE N) has a ROE % of 12.30% 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 Steris and its competitors. This is 29% above median its historical median of 9.53. Over the past decade, Steris' ROE % has ranged from 1.70 to 12.38. According to the industry distribution chart, Steris ranks #177 out of 799 companies in the Medical Devices & Instruments industry, placing it in the top 22.2%.
Is Steris' ROE % too high?
Steris' current ROE % of 12.30% is 29% above median its 10-year median of 9.53. Over the past 10 years, this metric has ranged from a low of 1.70 to a high of 12.38. The Medical Devices & Instruments industry median ROE % is 2.42. Steris' value of 12.30% is 408.3% above this industry median. Based on the distribution chart, Steris ranks #177 out of 799 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Steris has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Steris' ROE % compare to ZBH and GEHC?
According to the Medical Devices & Instruments industry distribution chart, Steris ranks #177 out of 799 companies for ROE %. This places Steris in the top 22% of its industry — outperforming the majority of peers. The industry median ROE % is 2.42. Steris' value of 12.30% is 408.3% above this benchmark. Historically, Steris' own ROE % has ranged from 1.70 to 12.38 over the past decade. While the company's 10-year median is 9.53 vs. the industry median of 2.42, Steris 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 Medical Devices & Instruments company?
The median ROE % among Medical Devices & Instruments companies is 2.42, based on 799 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. Steris's current ROE % of 12.30% is 408.3% 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 Steris and its competitors. For the Medical Devices & Instruments industry, the median ROE % is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steris's current ROE % is 12.30%, which is 29% above median its own 10-year median of 9.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steris stock overvalued right now?
Steris (MEX:STE N) has a current ROE % of 12.30%. The stock's GF Value™ is MXN4,960.30, compared to a current price of MXN3,824.43 — trading 22.9% below its estimated fair value. The current ROE % is 12.30%, which is 29% above median its 10-year median of 9.53 and 408.3% above the Medical Devices & Instruments industry median of 2.42. Steris' overall GF Score™ is 90/100 with 1 warning sign 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 Steris (MEX:STE N), the current ROE % is 12.30% 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 Steris (MEX:STE N) Overvalued in 2026?
Based on GuruFocus' analysis, Steris stock appears to be undervalued.
The current stock price of MXN3,824.43 is trading 22.9% below its estimated GF Value™ of MXN4,960.30.
Key valuation signals for MEX:STE N:
ROE %: 12.30% (29% above median its 10-year median of 9.53)
GF Value™: MXN4,960.30 vs. price of MXN3,824.43 (22.9% below fair value)
Industry Position: 408.3% above the Medical Devices & Instruments median (#177 of 799)
No single metric tells the full story. See the MEX:STE N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steris is an Ireland-domiciled medical technology company focused on sterilization services and infection prevention. The company is the global leader in contract sterilization services, ensuring the safe delivery of single-use and implantable medical equipment to hospitals around the world. Steris also sells sterilizers, washer-disinfectors, and other decontamination equipment and supplies for use by care provider facilities and in biopharma manufacturing sites. Domiciled in the United States before its inversion to Ireland, the firm derives approximately 70% of its revenue from Healthcare Services, 20% from Applied Sterilization Technologies, or AST, and 10% from life sciences services after the divestment of its dental products business.
90GF Score
Get the complete analysis for MEX:STE N
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:STE N has been successfully added to your 
