Alm Brand ASOCSE:ALMB -1.57%55 ROE % is 7.23% as of Mar. 2026, which is 28% below its 10-year median of 10.10. GuruFocus rates OCSE:ALMB with a GF Score™ of 55/100 and a GF Value™ of kr14.15 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 504 Insurance companies, Alm Brand AS ranks worse than 57.14% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Alm Brand AS's annualized net income for the quarter that ended in Mar. 2026 was kr896 Mil. Alm Brand AS's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was kr12,388 Mil. Therefore, Alm Brand AS's annualized ROE % for the quarter that ended in Mar. 2026 was 7.23%.
The historical rank and industry rank for Alm Brand AS's ROE % or its related term are showing as below:
OCSE:ALMB'
s ROE % Range Over the Past 10 Years
Min: 2.71 Med: 10.1 Max: 16
Current: 9.95
During the past 13 years, Alm Brand AS's highest ROE % was 16.00%. The lowest was 2.71%. And the median was 10.10%.
OCSE:ALMB's ROE % is ranked worse than 57.14% of 504
companies
in the Insurance industry
Industry Median: 11.675
vs OCSE:ALMB: 9.95
Alm Brand AS (OCSE:ALMB) 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.
Alm Brand AS ROE % Related Terms
Alm Brand AS ROE % Historical Data
* Premium members only.
The historical data trend for Alm Brand AS'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 Insurance - Diversified subindustry, Alm Brand AS'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.
Alm Brand AS ROE % vs Insurance Industry
For the Insurance industry and Financial Services sector, Alm Brand AS's ROE % distribution charts can be found below:
* The bar in red indicates where Alm Brand AS'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.
Alm Brand AS (OCSE:ALMB) has a ROE % of 7.23% 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 Alm Brand AS and its competitors. This is 28% below median its historical median of 10.10. Over the past decade, Alm Brand AS's ROE % has ranged from 2.71 to 16.00. According to the industry distribution chart, Alm Brand AS ranks #288 out of 504 companies in the Insurance industry, placing it in the top 57.1%.
Is Alm Brand AS's ROE % too high?
Alm Brand AS's current ROE % of 7.23% is 28% below median its 10-year median of 10.10. Over the past 10 years, this metric has ranged from a low of 2.71 to a high of 16.00. The Insurance industry median ROE % is 11.68. Alm Brand AS's value of 7.23% is 38.1% below this industry median. Based on the distribution chart, Alm Brand AS ranks #288 out of 504 companies in the Insurance industry, which is below the industry midpoint. Overall, Alm Brand AS has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alm Brand AS's ROE % compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Alm Brand AS ranks #288 out of 504 companies for ROE %. This places Alm Brand AS in the lower half of its industry. The industry median ROE % is 11.68. Alm Brand AS's value of 7.23% is 38.1% below this benchmark. Historically, Alm Brand AS's own ROE % has ranged from 2.71 to 16.00 over the past decade. While the company's 10-year median is 10.10 vs. the industry median of 11.68, Alm Brand AS has consistently been below 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 Insurance company?
The median ROE % among Insurance companies is 11.68, based on 504 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. Alm Brand AS's current ROE % of 7.23% is 38.1% below 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 Alm Brand AS and its competitors. For the Insurance industry, the median ROE % is 11.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alm Brand AS's current ROE % is 7.23%, which is 28% below median its own 10-year median of 10.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alm Brand AS stock overvalued right now?
Based on GuruFocus' analysis, Alm Brand AS (OCSE:ALMB) is currently considered Modestly Overvalued. The stock's GF Value™ is kr14.15, compared to a current price of kr15.65 — trading 10.6% above its estimated fair value. The current ROE % is 7.23%, which is 28% below median its 10-year median of 10.10 and 38.1% below the Insurance industry median of 11.68. Alm Brand AS's overall GF Score™ is 55/100 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 Alm Brand AS (OCSE:ALMB), the current ROE % is 7.23% 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 Alm Brand AS (OCSE:ALMB) Overvalued in 2026?
Based on GuruFocus' analysis, Alm Brand AS stock appears to be overvalued.
The current stock price of kr15.65 is trading 10.6% above its estimated GF Value™ of kr14.15.
GuruFocus considers Alm Brand AS to be Modestly Overvalued.
Key valuation signals for OCSE:ALMB:
ROE %: 7.23% (28% below median its 10-year median of 10.10)
GF Value™: kr14.15 vs. price of kr15.65 (10.6% above fair value)
Industry Position: 38.1% below the Insurance median (#288 of 504)
No single metric tells the full story. See the OCSE:ALMB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alm Brand AS is a Danish investment holding company. Along with its subsidiaries, it offers insurance solutions, under various brands, to its customers. Its business segments include the personal Lines segment, which comprises sales of insurance to private households through its own sales channels and partnerships, the Commercial Lines segment, which comprises sales to agricultural and commercial customers through its own sales channels and partnerships, and the Non-life insurance segment, which is also its key revenue-generating segment. Geographically, the company generates the majority of its revenue from Denmark.
55GF Score
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