Appear ASA (OSL:APR) ROE %: 16.95% (As of Mar. 2026) — 29% Below Median


OSL:APR Appear ASA OSL:APR
19 GF Score
Price kr71.60
! 3 Warning Signs
View Full Analysis

What is Appear ASA ROE %?

Appear ASA OSL:APR -1.92% 19 ROE % is 16.95% as of Mar. 2026, which is 29% below its 10-year median of 23.85. GuruFocus rates OSL:APR with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 2,423 Hardware companies, Appear ASA ranks better than 90.26% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Appear ASA's annualized net income for the quarter that ended in Mar. 2026 was kr102.3 Mil. Appear ASA's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was kr603.6 Mil. Therefore, Appear ASA's annualized ROE % for the quarter that ended in Mar. 2026 was 16.95%.

The historical rank and industry rank for Appear ASA's ROE % or its related term are showing as below:

OSL:APR' s ROE % Range Over the Past 10 Years
Min: -7.8   Med: 23.85   Max: 30.13
Current: 20.16

During the past 5 years, Appear ASA's highest ROE % was 30.13%. The lowest was -7.80%. And the median was 23.85%.

OSL:APR's ROE % is ranked better than
90.26% of 2423 companies
in the Hardware industry
Industry Median: 4.61 vs OSL:APR: 20.16

Appear ASA  (OSL:APR) 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:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=102.316/603.6405
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(102.316 / 926.708)*(926.708 / 895.3115)*(895.3115 / 603.6405)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.04 %*1.0351*1.4832
=ROA %*Equity Multiplier
=11.43 %*1.4832
=16.95 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=102.316/603.6405
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (102.316 / 135.42) * (135.42 / 145.428) * (145.428 / 926.708) * (926.708 / 895.3115) * (895.3115 / 603.6405)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7555 * 0.9312 * 15.69 % * 1.0351 * 1.4832
=16.95 %

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.


Appear ASA ROE % Related Terms


Appear ASA ROE % Historical Data

* Premium members only.

The historical data trend for Appear ASA'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.

Appear ASA ROE % Chart

Appear ASA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
0.00 -7.80 17.86 29.83 30.13

Appear ASA Quarterly Data
Dec21 Dec22 Dec23 Jun24 Dec24 Mar25 Jun25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only 15.51 31.15 71.82 13.27 16.95

OSL:APR vs DELL, SNDK, ANET: ROE % Comparison

For the Computer Hardware subindustry, Appear ASA'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.


Appear ASA ROE % vs Hardware Industry

For the Hardware industry and Technology sector, Appear ASA's ROE % distribution charts can be found below:

* The bar in red indicates where Appear ASA's ROE % falls into.


OSL:APR
19GF Score
Appear ASA OSL:APR
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Appear ASA ROE % Calculation

Appear ASA's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=129.162/( (267.685+589.54)/ 2 )
=129.162/428.6125
=30.13 %

Appear ASA's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=102.316/( (589.54+617.741)/ 2 )
=102.316/603.6405
=16.95 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 16.95% mean?
Appear ASA (OSL:APR) has a ROE % of 16.95% 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 Appear ASA and its competitors. This is 29% below median its historical median of 23.85. According to the industry distribution chart, Appear ASA ranks #236 out of 2423 companies in the Hardware industry, placing it in the top 9.7%.
Is Appear ASA's ROE % too high?
Appear ASA's current ROE % of 16.95% is 29% below median its 10-year median of 23.85. The Hardware industry median ROE % is 4.61. Appear ASA's value of 16.95% is 267.7% above this industry median. Based on the distribution chart, Appear ASA ranks #236 out of 2423 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Appear ASA has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Appear ASA's ROE % compare to DELL and SNDK?
According to the Hardware industry distribution chart, Appear ASA ranks #236 out of 2423 companies for ROE %. This places Appear ASA in the top 10% of its industry — outperforming the majority of peers. The industry median ROE % is 4.61. Appear ASA's value of 16.95% is 267.7% above this benchmark. While the company's 10-year median is 23.85 vs. the industry median of 4.61, Appear ASA 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. Appear ASA's current ROE % of 16.95% is 267.7% 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 Appear ASA 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. Appear ASA's current ROE % is 16.95%, which is 29% below median its own 10-year median of 23.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Appear ASA stock overvalued right now?
Appear ASA (OSL:APR) has a current ROE % of 16.95%. The current ROE % is 16.95%, which is 29% below median its 10-year median of 23.85 and 267.7% above the Hardware industry median of 4.61. Appear ASA's overall GF Score™ is 19/100 with 3 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 Appear ASA (OSL:APR), the current ROE % is 16.95% 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.

Appear ASA Business Description

Other Exchanges 69R:Germany
Address Lilleakerveien 2B, Oslo, NOR, 0283
Appear ASA, along with its subsidiaries, provides high-capacity, sustainable solutions for live-production and broadcast distribution technology to media, entertainment and sports clients. The company provides live video transport solutions that operate over satellite, dedicated fiber, and public internet infrastructure. Its offerings support a range of live event scenarios across media, entertainment, and sports industries, adapting to the varying requirements of these sectors. The company derives revenue from: Sales of media processing and delivery platforms, sales of software and licenses, and Sales of support and consulting services, majority being generated from the sales of media processing and delivery platforms. The Company has three geographic areas for Sales EMEA, APAC, and AM.
19GF Score

Get the complete analysis for OSL:APR

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr71.60
Price