Bell EquipmentSTU:B2K -4.30%79 ROE % is 5.98% as of Dec. 2025, which is 25% below its 10-year median of 8.00. GuruFocus rates STU:B2K with a GF Score™ of 79/100 and a GF Value™ of €1.62 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 204 Farm & Heavy Construction Machinery companies, Bell Equipment ranks worse than 53.43% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Bell Equipment's annualized net income for the quarter that ended in Dec. 2025 was €17.2 Mil. Bell Equipment's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €287.3 Mil. Therefore, Bell Equipment's annualized ROE % for the quarter that ended in Dec. 2025 was 5.98%.
The historical rank and industry rank for Bell Equipment's ROE % or its related term are showing as below:
STU:B2K'
s ROE % Range Over the Past 10 Years
Min: -1.87 Med: 8 Max: 16.02
Current: 6.72
During the past 13 years, Bell Equipment's highest ROE % was 16.02%. The lowest was -1.87%. And the median was 8.00%.
STU:B2K's ROE % is ranked worse than 53.43% of 204
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 7.315
vs STU:B2K: 6.72
Bell Equipment (STU:B2K) 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 two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.
Bell Equipment ROE % Related Terms
Bell Equipment ROE % Historical Data
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The historical data trend for Bell Equipment'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 Farm & Heavy Construction Machinery subindustry, Bell Equipment'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.
Bell Equipment ROE % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Bell Equipment's ROE % distribution charts can be found below:
* The bar in red indicates where Bell Equipment'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 two times the semi-annual (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Bell Equipment (STU:B2K) has a ROE % of 5.98% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Bell Equipment and its competitors. This is 25% below median its historical median of 8.00. According to the industry distribution chart, Bell Equipment ranks #109 out of 204 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 53.4%.
Is Bell Equipment's ROE % too high?
Bell Equipment's current ROE % of 5.98% is 25% below median its 10-year median of 8.00. The Farm & Heavy Construction Machinery industry median ROE % is 7.32. Bell Equipment's value of 5.98% is 18.3% below this industry median. Based on the distribution chart, Bell Equipment ranks #109 out of 204 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Bell Equipment has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bell Equipment's ROE % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Bell Equipment ranks #109 out of 204 companies for ROE %. This places Bell Equipment in the lower half of its industry. The industry median ROE % is 7.32. Bell Equipment's value of 5.98% is 18.3% below this benchmark. While the company's 10-year median is 8.00 vs. the industry median of 7.32, Bell Equipment 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 Farm & Heavy Construction Machinery company?
The median ROE % among Farm & Heavy Construction Machinery companies is 7.32, based on 204 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. Bell Equipment's current ROE % of 5.98% is 18.3% 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 Bell Equipment and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROE % is 7.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bell Equipment's current ROE % is 5.98%, which is 25% below median its own 10-year median of 8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bell Equipment stock overvalued right now?
Based on GuruFocus' analysis, Bell Equipment (STU:B2K) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.62, compared to a current price of €1.78 — trading 9.9% above its estimated fair value. The current ROE % is 5.98%, which is 25% below median its 10-year median of 8.00 and 18.3% below the Farm & Heavy Construction Machinery industry median of 7.32. Bell Equipment's overall GF Score™ is 79/100 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 Bell Equipment (STU:B2K), the current ROE % is 5.98% as of Dec. 2025. 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 Bell Equipment (STU:B2K) Overvalued in 2026?
Based on GuruFocus' analysis, Bell Equipment stock appears to be overvalued.
The current stock price of €1.78 is trading 9.9% above its estimated GF Value™ of €1.62.
GuruFocus considers Bell Equipment to be Modestly Overvalued.
Key valuation signals for STU:B2K:
ROE %: 5.98% (25% below median its 10-year median of 8.00)
GF Value™: €1.62 vs. price of €1.78 (9.9% above fair value)
Industry Position: 18.3% below the Farm & Heavy Construction Machinery median (#109 of 204)
No single metric tells the full story. See the STU:B2K stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bell Equipment Ltd designs and manufactures a wide Collection of products. This includes a complete range of Bell forestry and agriculture products. It seeks to develop and support local suppliers and invests in outreach initiatives with a focus on education, training, and development both internally and externally. It conducts two main business operations Manufacturing, assembly, logistics and dealer sales operations which is OEM operations comprising manufacturing, assembly and sales of equipment and aftermarket products to independent dealers for their distribution to market; and Direct Sales operations which is owned distribution operations for direct sales of own manufactured products, other third party products and the supply of aftermarket support and products to market.
79GF Score
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