Systemair AB (OSTO:SYSR) ROE %: 11.67% (As of Apr. 2026) — Near Median


OSTO:SYSR Systemair AB OSTO:SYSR
86 GF Score
Price kr82.10
GF Value kr81.05
Valuation Fairly Valued
! 1 Warning Sign
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What is Systemair AB ROE %?

Systemair AB OSTO:SYSR +3.92% 86 ROE % is 11.67% as of Apr. 2026, which is 9% below its 10-year median of 12.79. GuruFocus rates OSTO:SYSR with a GF Score™ of 86/100 and a GF Value™ of kr81.05 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,737 Construction companies, Systemair AB ranks better than 71.68% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Systemair AB's annualized net income for the quarter that ended in Apr. 2026 was kr691 Mil. Systemair AB's average Total Stockholders Equity over the quarter that ended in Apr. 2026 was kr5,921 Mil. Therefore, Systemair AB's annualized ROE % for the quarter that ended in Apr. 2026 was 11.67%.

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

OSTO:SYSR' s ROE % Range Over the Past 10 Years
Min: 9.22   Med: 12.79   Max: 22.9
Current: 12.92

During the past 13 years, Systemair AB's highest ROE % was 22.90%. The lowest was 9.22%. And the median was 12.79%.

OSTO:SYSR's ROE % is ranked better than
71.68% of 1737 companies
in the Construction industry
Industry Median: 6.72 vs OSTO:SYSR: 12.92

Systemair AB  (OSTO:SYSR) 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: Apr. 2026 )
=Net Income/Total Stockholders Equity
=691.2/5921.4
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(691.2 / 13104.4)*(13104.4 / 9627.2)*(9627.2 / 5921.4)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.27 %*1.3612*1.6258
=ROA %*Equity Multiplier
=7.17 %*1.6258
=11.67 %

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: Apr. 2026 )
=Net Income/Total Stockholders Equity
=691.2/5921.4
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (691.2 / 988.8) * (988.8 / 963.6) * (963.6 / 13104.4) * (13104.4 / 9627.2) * (9627.2 / 5921.4)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.699 * 1.0262 * 7.35 % * 1.3612 * 1.6258
=11.67 %

Note: The net income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 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.


Systemair AB ROE % Related Terms


Systemair AB ROE % Historical Data

* Premium members only.

The historical data trend for Systemair AB'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.

Systemair AB ROE % Chart

Systemair AB Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.28 22.90 11.83 11.94 12.82

Systemair AB Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 7.09 13.07 17.91 9.04 11.67

OSTO:SYSR vs TT, JCI, CARR: ROE % Comparison

For the Building Products & Equipment subindustry, Systemair AB'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.


Systemair AB ROE % vs Construction Industry

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

* The bar in red indicates where Systemair AB's ROE % falls into.


OSTO:SYSR
86GF Score
Systemair AB OSTO:SYSR
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Systemair AB ROE % Calculation

Systemair AB's annualized ROE % for the fiscal year that ended in Apr. 2026 is calculated as

ROE %=Net Income (A: Apr. 2026 )/( (Total Stockholders Equity (A: Apr. 2025 )+Total Stockholders Equity (A: Apr. 2026 ))/ count )
=760.8/( (5760.3+6113.1)/ 2 )
=760.8/5936.7
=12.82 %

Systemair AB's annualized ROE % for the quarter that ended in Apr. 2026 is calculated as

ROE %=Net Income (Q: Apr. 2026 )/( (Total Stockholders Equity (Q: Jan. 2026 )+Total Stockholders Equity (Q: Apr. 2026 ))/ count )
=691.2/( (5729.7+6113.1)/ 2 )
=691.2/5921.4
=11.67 %

* 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 (Apr. 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 11.67% mean?
Systemair AB (OSTO:SYSR) has a ROE % of 11.67% as of Apr. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Systemair AB and its competitors. This is near median its historical median of 12.79. Over the past decade, Systemair AB's ROE % has ranged from 9.22 to 22.90. According to the industry distribution chart, Systemair AB ranks #492 out of 1737 companies in the Construction industry, placing it in the top 28.3%.
Is Systemair AB's ROE % too high?
Systemair AB's current ROE % of 11.67% is near median its 10-year median of 12.79. Over the past 10 years, this metric has ranged from a low of 9.22 to a high of 22.90. The Construction industry median ROE % is 6.72. Systemair AB's value of 11.67% is 73.7% above this industry median. Based on the distribution chart, Systemair AB ranks #492 out of 1737 companies in the Construction industry, which is above the industry midpoint. Overall, Systemair AB has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Systemair AB's ROE % compare to TT and JCI?
According to the Construction industry distribution chart, Systemair AB ranks #492 out of 1737 companies for ROE %. This puts Systemair AB in the upper half of its industry. The industry median ROE % is 6.72. Systemair AB's value of 11.67% is 73.7% above this benchmark. Historically, Systemair AB's own ROE % has ranged from 9.22 to 22.90 over the past decade. While the company's 10-year median is 12.79 vs. the industry median of 6.72, Systemair AB 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 6.72, based on 1,737 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. Systemair AB's current ROE % of 11.67% is 73.7% 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 Systemair AB and its competitors. For the Construction industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Systemair AB's current ROE % is 11.67%, which is near median its own 10-year median of 12.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Systemair AB stock overvalued right now?
Based on GuruFocus' analysis, Systemair AB (OSTO:SYSR) is currently considered Fairly Valued. The stock's GF Value™ is kr81.05, compared to a current price of kr82.10 — trading 1.3% above its estimated fair value. The current ROE % is 11.67%, which is near median its 10-year median of 12.79 and 73.7% above the Construction industry median of 6.72. Systemair AB's overall GF Score™ is 86/100 with 1 warning sign 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 Systemair AB (OSTO:SYSR), the current ROE % is 11.67% as of Apr. 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 Systemair AB (OSTO:SYSR) Overvalued in 2026?

Based on GuruFocus' analysis, Systemair AB stock appears to be overvalued. The current stock price of kr82.10 is trading 1.3% above its estimated GF Value™ of kr81.05. GuruFocus considers Systemair AB to be Fairly Valued.

Key valuation signals for OSTO:SYSR:

  • ROE %: 11.67% (near median its 10-year median of 12.79)
  • GF Value™: kr81.05 vs. price of kr82.10 (1.3% above fair value)
  • GF Score™: 86/100 with 1 warning sign
  • Industry Position: 73.7% above the Construction median (#492 of 1737)

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


Systemair AB Business Description

Other Exchanges 0HDK:UK52SA:Germany
Address Industrivagen 3, Skinnskatteberg, SWE, SE-739 30
Systemair AB is a building material company that develops, manufactures, and markets ventilation products. The company's products under its flagship Systemair brand include air conditioning units, air curtains, air distribution products, and energy-efficient fans. The company also markets products under its Frico, VEAB Heat Tech AB, Fantech, and Menerga segments. Frico manufactures air curtains and heating products, while VEAB primarily develops heating products. The Fantech segment markets to the residential sector, in contrast to Systemair's commercial base. Menerga produces high-efficiency air-handling units for specialized buildings such as museums, airports, and swimming pool halls. The company generates the majority of its revenue from Europe.
86GF Score

Get the complete analysis for OSTO:SYSR

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

kr82.10
Price
kr81.05
GF Value