DSV ASOCSE:DSV -2.51%95 ROE % is 5.43% as of Mar. 2026, which is 65% below its 10-year median of 15.40. GuruFocus rates OCSE:DSV with a GF Score™ of 95/100 and a GF Value™ of kr1,933.72 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 991 Transportation companies, DSV AS ranks worse than 58.63% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. DSV AS's annualized net income for the quarter that ended in Mar. 2026 was kr6,496 Mil. DSV AS's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was kr119,724 Mil. Therefore, DSV AS's annualized ROE % for the quarter that ended in Mar. 2026 was 5.43%.
The historical rank and industry rank for DSV AS's ROE % or its related term are showing as below:
OCSE:DSV'
s ROE % Range Over the Past 10 Years
Min: 5.95 Med: 15.4 Max: 27.21
Current: 5.95
During the past 13 years, DSV AS's highest ROE % was 27.21%. The lowest was 5.95%. And the median was 15.40%.
OCSE:DSV's ROE % is ranked worse than 58.63% of 991
companies
in the Transportation industry
Industry Median: 7.62
vs OCSE:DSV: 5.95
DSV AS (OCSE:DSV) 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.
DSV AS ROE % Related Terms
DSV AS ROE % Historical Data
* Premium members only.
The historical data trend for DSV 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 Integrated Freight & Logistics subindustry, DSV 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.
DSV AS ROE % vs Transportation Industry
For the Transportation industry and Industrials sector, DSV AS's ROE % distribution charts can be found below:
* The bar in red indicates where DSV 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.
DSV AS (OCSE:DSV) has a ROE % of 5.43% 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 DSV AS and its competitors. This is 65% below median its historical median of 15.40. Over the past decade, DSV AS's ROE % has ranged from 5.95 to 27.21. According to the industry distribution chart, DSV AS ranks #581 out of 991 companies in the Transportation industry, placing it in the top 58.6%.
Is DSV AS's ROE % too high?
DSV AS's current ROE % of 5.43% is 65% below median its 10-year median of 15.40. Over the past 10 years, this metric has ranged from a low of 5.95 to a high of 27.21. The Transportation industry median ROE % is 7.62. DSV AS's value of 5.43% is 28.7% below this industry median. Based on the distribution chart, DSV AS ranks #581 out of 991 companies in the Transportation industry, which is below the industry midpoint. Overall, DSV AS has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DSV AS's ROE % compare to FDX and UPS?
According to the Transportation industry distribution chart, DSV AS ranks #581 out of 991 companies for ROE %. This places DSV AS in the lower half of its industry. The industry median ROE % is 7.62. DSV AS's value of 5.43% is 28.7% below this benchmark. Historically, DSV AS's own ROE % has ranged from 5.95 to 27.21 over the past decade. While the company's 10-year median is 15.40 vs. the industry median of 7.62, DSV 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 a Transportation company?
The median ROE % among Transportation companies is 7.62, based on 991 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. DSV AS's current ROE % of 5.43% is 28.7% 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 DSV AS and its competitors. For the Transportation industry, the median ROE % is 7.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DSV AS's current ROE % is 5.43%, which is 65% below median its own 10-year median of 15.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DSV AS stock overvalued right now?
Based on GuruFocus' analysis, DSV AS (OCSE:DSV) is currently considered Modestly Undervalued. The stock's GF Value™ is kr1,933.72, compared to a current price of kr1,553.50 — trading 19.7% below its estimated fair value. The current ROE % is 5.43%, which is 65% below median its 10-year median of 15.40 and 28.7% below the Transportation industry median of 7.62. DSV AS's overall GF Score™ is 95/100 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 DSV AS (OCSE:DSV), the current ROE % is 5.43% 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 DSV AS (OCSE:DSV) Overvalued in 2026?
Based on GuruFocus' analysis, DSV AS stock appears to be undervalued.
The current stock price of kr1,553.50 is trading 19.7% below its estimated GF Value™ of kr1,933.72.
GuruFocus considers DSV AS to be Modestly Undervalued.
Key valuation signals for OCSE:DSV:
ROE %: 5.43% (65% below median its 10-year median of 15.40)
GF Value™: kr1,933.72 vs. price of kr1,553.50 (19.7% below fair value)
Industry Position: 28.7% below the Transportation median (#581 of 991)
No single metric tells the full story. See the OCSE:DSV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DSV is a Danish-listed transport and logistics company, offering transport services worldwide by road, air, and sea, with the bulk of its activities coming from airfreight and sea freight forwarding businesses. Since its founding in 1976, the company has experienced rapid growth, primarily through strategic acquisitions. Its most recent acquisition, DB Schenker, occurred in the second quarter of 2025, making DSV the largest sea freight forwarder.
95GF Score
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