Byggma ASA (OSL:BMA) ROE %: 43.39% (As of Mar. 2026) — 428% Above Median


OSL:BMA Byggma ASA OSL:BMA
62 GF Score
Price kr21.60
GF Value kr15.71
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Byggma ASA ROE %?

Byggma ASA OSL:BMA 62 ROE % is 43.39% as of Mar. 2026, which is 428% above its 10-year median of 8.22. GuruFocus rates OSL:BMA with a GF Score™ of 62/100 and a GF Value™ of kr15.71 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,743 Construction companies, Byggma ASA ranks better than 70.8% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Byggma ASA's annualized net income for the quarter that ended in Mar. 2026 was kr459 Mil. Byggma ASA's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was kr1,058 Mil. Therefore, Byggma ASA's annualized ROE % for the quarter that ended in Mar. 2026 was 43.39%.

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

OSL:BMA' s ROE % Range Over the Past 10 Years
Min: -25.33   Med: 8.22   Max: 47.45
Current: 12.61

During the past 13 years, Byggma ASA's highest ROE % was 47.45%. The lowest was -25.33%. And the median was 8.22%.

OSL:BMA's ROE % is ranked better than
70.8% of 1743 companies
in the Construction industry
Industry Median: 6.69 vs OSL:BMA: 12.61

Byggma ASA  (OSL:BMA) 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
=459.2/1058.378
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(459.2 / 2610)*(2610 / 2933.458)*(2933.458 / 1058.378)
=Net Margin %*Asset Turnover*Equity Multiplier
=17.59 %*0.8897*2.7717
=ROA %*Equity Multiplier
=15.65 %*2.7717
=43.39 %

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
=459.2/1058.378
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (459.2 / 512.8) * (512.8 / 152.4) * (152.4 / 2610) * (2610 / 2933.458) * (2933.458 / 1058.378)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8955 * 3.3648 * 5.84 % * 0.8897 * 2.7717
=43.39 %

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.


Byggma ASA ROE % Related Terms


Byggma ASA ROE % Historical Data

* Premium members only.

The historical data trend for Byggma 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.

Byggma ASA ROE % Chart

Byggma ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.46 47.45 5.53 -25.33 11.19

Byggma ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.06 8.77 22.59 -24.76 43.39

OSL:BMA vs TT, JCI, CARR: ROE % Comparison

For the Building Products & Equipment subindustry, Byggma 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.


Byggma ASA ROE % vs Construction Industry

For the Construction industry and Industrials sector, Byggma ASA's ROE % distribution charts can be found below:

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


OSL:BMA
62GF Score
Byggma ASA OSL:BMA
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Byggma ASA ROE % Calculation

Byggma 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 )
=108.279/( (912.509+1023.456)/ 2 )
=108.279/967.9825
=11.19 %

Byggma 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 )
=459.2/( (1023.456+1093.3)/ 2 )
=459.2/1058.378
=43.39 %

* 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 43.39% mean?
Byggma ASA (OSL:BMA) has a ROE % of 43.39% 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 Byggma ASA and its competitors. This is 428% above median its historical median of 8.22. According to the industry distribution chart, Byggma ASA ranks #509 out of 1743 companies in the Construction industry, placing it in the top 29.2%.
Is Byggma ASA's ROE % too high?
Byggma ASA's current ROE % of 43.39% is 428% above median its 10-year median of 8.22. The Construction industry median ROE % is 6.69. Byggma ASA's value of 43.39% is 548.6% above this industry median. Based on the distribution chart, Byggma ASA ranks #509 out of 1743 companies in the Construction industry, which is above the industry midpoint. Overall, Byggma ASA has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Byggma ASA's ROE % compare to TT and JCI?
According to the Construction industry distribution chart, Byggma ASA ranks #509 out of 1743 companies for ROE %. This puts Byggma ASA in the upper half of its industry. The industry median ROE % is 6.69. Byggma ASA's value of 43.39% is 548.6% above this benchmark. While the company's 10-year median is 8.22 vs. the industry median of 6.69, Byggma 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 Construction company?
The median ROE % among Construction companies is 6.69, based on 1,743 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. Byggma ASA's current ROE % of 43.39% is 548.6% 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 Byggma ASA and its competitors. For the Construction industry, the median ROE % is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Byggma ASA's current ROE % is 43.39%, which is 428% above median its own 10-year median of 8.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Byggma ASA stock overvalued right now?
Based on GuruFocus' analysis, Byggma ASA (OSL:BMA) is currently considered Significantly Overvalued. The stock's GF Value™ is kr15.71, compared to a current price of kr21.60 — trading 37.5% above its estimated fair value. The current ROE % is 43.39%, which is 428% above median its 10-year median of 8.22 and 548.6% above the Construction industry median of 6.69. Byggma ASA's overall GF Score™ is 62/100 with 9 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 Byggma ASA (OSL:BMA), the current ROE % is 43.39% 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 Byggma ASA (OSL:BMA) Overvalued in 2026?

Based on GuruFocus' analysis, Byggma ASA stock appears to be overvalued. The current stock price of kr21.60 is trading 37.5% above its estimated GF Value™ of kr15.71. GuruFocus considers Byggma ASA to be Significantly Overvalued.

Key valuation signals for OSL:BMA:

  • ROE %: 43.39% (428% above median its 10-year median of 8.22)
  • GF Value™: kr15.71 vs. price of kr21.60 (37.5% above fair value)
  • GF Score™: 62/100 with 9 warning signs
  • Industry Position: 548.6% above the Construction median (#509 of 1743)

No single metric tells the full story. See the OSL:BMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Byggma ASA Business Description

Address Venneslaveien 233, P.O. Box 21, Vennesla, NOR, 4701
Byggma ASA is a supplier of building materials in the Nordic countries. Its operating segment includes Panels; Lighting; Windows; Beams and Byggma other. It generates maximum revenue from the Panels segment. The company's brands include Huntonit, Manonite, Forestia, Uldal, Scan Lamps and Aneta. It is involved in projects ranging from public buildings, commercial and private homes. Geographically, it derives a majority of revenue from Norway.
62GF Score

Get the complete analysis for OSL:BMA

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

kr21.60
Price
kr15.71
GF Value