B&C Speakers SpAMIL:BEC +0.44%71 ROE % is 24.70% as of Mar. 2026, which is 24% below its 10-year median of 32.58. GuruFocus rates MIL:BEC with a GF Score™ of 71/100 and a GF Value™ of €16.94 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,423 Hardware companies, B&C Speakers SpA ranks better than 87.91% on this metric.
The historical rank and industry rank for B&C Speakers SpA's ROE % or its related term are showing as below:
MIL:BEC'
s ROE % Range Over the Past 10 Years
Min: 7.4 Med: 32.58 Max: 46.02
Current: 17.93
During the past 13 years, B&C Speakers SpA's highest ROE % was 46.02%. The lowest was 7.40%. And the median was 32.58%.
MIL:BEC's ROE % is ranked better than 87.91% of 2423
companies
in the Hardware industry
Industry Median: 4.61
vs MIL:BEC: 17.93
B&C Speakers SpA (MIL:BEC) 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.
B&C Speakers SpA ROE % Related Terms
B&C Speakers SpA ROE % Historical Data
* Premium members only.
The historical data trend for B&C Speakers SpA'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 Consumer Electronics subindustry, B&C Speakers SpA'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.
B&C Speakers SpA ROE % vs Hardware Industry
For the Hardware industry and Technology sector, B&C Speakers SpA's ROE % distribution charts can be found below:
* The bar in red indicates where B&C Speakers SpA'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.
B&C Speakers SpA (MIL:BEC) has a ROE % of 24.70% 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 B&C Speakers SpA and its competitors. This is 24% below median its historical median of 32.58. Over the past decade, B&C Speakers SpA's ROE % has ranged from 7.40 to 46.02. According to the industry distribution chart, B&C Speakers SpA ranks #293 out of 2423 companies in the Hardware industry, placing it in the top 12.1%.
Is B&C Speakers SpA's ROE % too high?
B&C Speakers SpA's current ROE % of 24.70% is 24% below median its 10-year median of 32.58. Over the past 10 years, this metric has ranged from a low of 7.40 to a high of 46.02. The Hardware industry median ROE % is 4.61. B&C Speakers SpA's value of 24.70% is 435.8% above this industry median. Based on the distribution chart, B&C Speakers SpA ranks #293 out of 2423 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, B&C Speakers SpA has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does B&C Speakers SpA's ROE % compare to AAPL?
According to the Hardware industry distribution chart, B&C Speakers SpA ranks #293 out of 2423 companies for ROE %. This places B&C Speakers SpA in the top 12% of its industry — outperforming the majority of peers. The industry median ROE % is 4.61. B&C Speakers SpA's value of 24.70% is 435.8% above this benchmark. Historically, B&C Speakers SpA's own ROE % has ranged from 7.40 to 46.02 over the past decade. While the company's 10-year median is 32.58 vs. the industry median of 4.61, B&C Speakers SpA 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 Hardware company?
The median ROE % among Hardware companies is 4.61, based on 2,423 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. B&C Speakers SpA's current ROE % of 24.70% is 435.8% 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 B&C Speakers SpA and its competitors. For the Hardware industry, the median ROE % is 4.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B&C Speakers SpA's current ROE % is 24.70%, which is 24% below median its own 10-year median of 32.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B&C Speakers SpA stock overvalued right now?
Based on GuruFocus' analysis, B&C Speakers SpA (MIL:BEC) is currently considered Significantly Undervalued. The stock's GF Value™ is €16.94, compared to a current price of €11.30 — trading 33.3% below its estimated fair value. The current ROE % is 24.70%, which is 24% below median its 10-year median of 32.58 and 435.8% above the Hardware industry median of 4.61. B&C Speakers SpA's overall GF Score™ is 71/100 with 2 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 B&C Speakers SpA (MIL:BEC), the current ROE % is 24.70% 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 B&C Speakers SpA (MIL:BEC) Overvalued in 2026?
Based on GuruFocus' analysis, B&C Speakers SpA stock appears to be undervalued.
The current stock price of €11.30 is trading 33.3% below its estimated GF Value™ of €16.94.
GuruFocus considers B&C Speakers SpA to be Significantly Undervalued.
Key valuation signals for MIL:BEC:
ROE %: 24.70% (24% below median its 10-year median of 32.58)
GF Value™: €16.94 vs. price of €11.30 (33.3% below fair value)
Industry Position: 435.8% above the Hardware median (#293 of 2423)
No single metric tells the full story. See the MIL:BEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
B&C Speakers SpA is an Italy-based company engaged in the production and marketing of professional loudspeakers. Its speaker product offerings span across different categories, including high-frequency drivers, low-frequency drivers, tweeters, coaxials, and horn drivers. The company operates its business in a single sector, acoustic transducers. Geographically, it derives maximum revenue from Europe (excluding Italy), followed by the Asia-Pacific region, Italy, North America, Latin America, and the Middle East and Africa.
71GF Score
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