Vestas Wind Systems ASOCSE:VWS -2.59%85 ROE % is 8.43% as of Mar. 2026, which is 58% below its 10-year median of 20.14. GuruFocus rates OCSE:VWS with a GF Score™ of 85/100 and a GF Value™ of kr190.86 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 3,009 Industrial Products companies, Vestas Wind Systems AS ranks better than 93.09% on this metric.
The historical rank and industry rank for Vestas Wind Systems AS's ROE % or its related term are showing as below:
OCSE:VWS'
s ROE % Range Over the Past 10 Years
Min: -40.69 Med: 20.14 Max: 31.64
Current: 24.14
During the past 13 years, Vestas Wind Systems AS's highest ROE % was 31.64%. The lowest was -40.69%. And the median was 20.14%.
OCSE:VWS's ROE % is ranked better than 93.09% of 3009
companies
in the Industrial Products industry
Industry Median: 5.91
vs OCSE:VWS: 24.14
Vestas Wind Systems AS (OCSE:VWS) 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.
* 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 Specialty Industrial Machinery subindustry, Vestas Wind Systems 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.
Vestas Wind Systems AS ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Vestas Wind Systems AS's ROE % distribution charts can be found below:
* The bar in red indicates where Vestas Wind Systems 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.
Vestas Wind Systems AS (OCSE:VWS) has a ROE % of 8.43% 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 Vestas Wind Systems AS and its competitors. This is 58% below median its historical median of 20.14. According to the industry distribution chart, Vestas Wind Systems AS ranks #208 out of 3009 companies in the Industrial Products industry, placing it in the top 6.9%.
Is Vestas Wind Systems AS's ROE % too high?
Vestas Wind Systems AS's current ROE % of 8.43% is 58% below median its 10-year median of 20.14. The Industrial Products industry median ROE % is 5.91. Vestas Wind Systems AS's value of 8.43% is 42.6% above this industry median. Based on the distribution chart, Vestas Wind Systems AS ranks #208 out of 3009 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Vestas Wind Systems AS has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vestas Wind Systems AS's ROE % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Vestas Wind Systems AS ranks #208 out of 3009 companies for ROE %. This places Vestas Wind Systems AS in the top 7% of its industry — outperforming the majority of peers. The industry median ROE % is 5.91. Vestas Wind Systems AS's value of 8.43% is 42.6% above this benchmark. While the company's 10-year median is 20.14 vs. the industry median of 5.91, Vestas Wind Systems AS 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. Vestas Wind Systems AS's current ROE % of 8.43% is 42.6% 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 Vestas Wind Systems AS 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. Vestas Wind Systems AS's current ROE % is 8.43%, which is 58% below median its own 10-year median of 20.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vestas Wind Systems AS stock overvalued right now?
Based on GuruFocus' analysis, Vestas Wind Systems AS (OCSE:VWS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr190.86, compared to a current price of kr170.85 — trading 10.5% below its estimated fair value. The current ROE % is 8.43%, which is 58% below median its 10-year median of 20.14 and 42.6% above the Industrial Products industry median of 5.91. Vestas Wind Systems AS's overall GF Score™ is 85/100 with 7 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 Vestas Wind Systems AS (OCSE:VWS), the current ROE % is 8.43% 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 Vestas Wind Systems AS (OCSE:VWS) Overvalued in 2026?
Based on GuruFocus' analysis, Vestas Wind Systems AS stock appears to be undervalued.
The current stock price of kr170.85 is trading 10.5% below its estimated GF Value™ of kr190.86.
GuruFocus considers Vestas Wind Systems AS to be Modestly Undervalued.
Key valuation signals for OCSE:VWS:
ROE %: 8.43% (58% below median its 10-year median of 20.14)
GF Value™: kr190.86 vs. price of kr170.85 (10.5% below fair value)
Industry Position: 42.6% above the Industrial Products median (#208 of 3009)
No single metric tells the full story. See the OCSE:VWS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.
85GF Score
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