Belysse Group NV (STU:BDB) ROE %: -16.72% (As of Dec. 2025)


STU:BDB Belysse Group NV STU:BDB
35 GF Score
Price €0.52
GF Value €0.70
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Belysse Group NV ROE %?

Belysse Group NV STU:BDB +3.16% 35 ROE % is -16.72% as of Dec. 2025. GuruFocus rates STU:BDB with a GF Score™ of 35/100 and a GF Value™ of €0.70 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,023 Manufacturing - Apparel & Accessories companies, Belysse Group NV ranks worse than 84.75% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Belysse Group NV's annualized net income for the quarter that ended in Dec. 2025 was €-13.1 Mil. Belysse Group NV's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €78.3 Mil. Therefore, Belysse Group NV's annualized ROE % for the quarter that ended in Dec. 2025 was -16.72%.

The historical rank and industry rank for Belysse Group NV's ROE % or its related term are showing as below:

STU:BDB' s ROE % Range Over the Past 10 Years
Min: -80.16   Med: -1.85   Max: 43.17
Current: -7.88

During the past 13 years, Belysse Group NV's highest ROE % was 43.17%. The lowest was -80.16%. And the median was -1.85%.

STU:BDB's ROE % is ranked worse than
84.75% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.04 vs STU:BDB: -7.88

Belysse Group NV  (STU:BDB) 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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-13.088/78.262
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-13.088 / 239.184)*(239.184 / 296.898)*(296.898 / 78.262)
=Net Margin %*Asset Turnover*Equity Multiplier
=-5.47 %*0.8056*3.7936
=ROA %*Equity Multiplier
=-4.41 %*3.7936
=-16.72 %

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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-13.088/78.262
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-13.088 / -10.906) * (-10.906 / 13.992) * (13.992 / 239.184) * (239.184 / 296.898) * (296.898 / 78.262)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.2001 * -0.7794 * 5.85 % * 0.8056 * 3.7936
=-16.72 %

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.


Belysse Group NV ROE % Related Terms


Belysse Group NV ROE % Historical Data

* Premium members only.

The historical data trend for Belysse Group NV'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.

Belysse Group NV ROE % Chart

Belysse Group NV 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 -80.16 -71.54 -12.97 12.21 -7.78

Belysse Group NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -2.84 24.87 0.05 -0.18 -16.72

STU:BDB vs AIN: ROE % Comparison

For the Textile Manufacturing subindustry, Belysse Group NV'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.


Belysse Group NV ROE % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Belysse Group NV's ROE % distribution charts can be found below:

* The bar in red indicates where Belysse Group NV's ROE % falls into.


STU:BDB
35GF Score
Belysse Group NV STU:BDB
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Belysse Group NV ROE % Calculation

Belysse Group NV'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 )
=-6.623/( (95.502+74.673)/ 2 )
=-6.623/85.0875
=-7.78 %

Belysse Group NV's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=-13.088/( (81.851+74.673)/ 2 )
=-13.088/78.262
=-16.72 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -16.72% mean?
Belysse Group NV (STU:BDB) has a ROE % of -16.72% 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 Belysse Group NV and its competitors. According to the industry distribution chart, Belysse Group NV ranks #867 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 84.8%.
Is Belysse Group NV's ROE % too high?
Belysse Group NV's current ROE % is -16.72%. Based on the distribution chart, Belysse Group NV ranks #867 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Belysse Group NV has a GF Score™ of 35/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Belysse Group NV's ROE % compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Belysse Group NV ranks #867 out of 1023 companies for ROE %. This places Belysse Group NV in the lower half of its industry. The industry median ROE % is 4.04. 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 Manufacturing - Apparel & Accessories company?
The median ROE % among Manufacturing - Apparel & Accessories companies is 4.04, based on 1,023 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. 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 Belysse Group NV and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Belysse Group NV's current ROE % is -16.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belysse Group NV stock overvalued right now?
Based on GuruFocus' analysis, Belysse Group NV (STU:BDB) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.70, compared to a current price of €0.52 — trading 25.4% below its estimated fair value. The current ROE % is -16.72%. Belysse Group NV's overall GF Score™ is 35/100 with 6 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 Belysse Group NV (STU:BDB), the current ROE % is -16.72% 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 Belysse Group NV (STU:BDB) Overvalued in 2026?

Based on GuruFocus' analysis, Belysse Group NV stock appears to be undervalued. The current stock price of €0.52 is trading 25.4% below its estimated GF Value™ of €0.70. GuruFocus considers Belysse Group NV to be Modestly Undervalued.

Key valuation signals for STU:BDB:

  • ROE %: -16.72%
  • GF Value™: €0.70 vs. price of €0.52 (25.4% below fair value)
  • GF Score™: 35/100 with 6 warning signs

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


Belysse Group NV Business Description

Other Exchanges BDB:GermanyBELYS:Belgium
Address Franklin Rooseveltlaan 172-174, Waregem, BEL, 8790
Belysse Group NV manufactures sustainable textile floor coverings for commercial and residential applications and sells its products mainly in North America and Europe under the premium brands. The Group's operating business segments are: the U.S., which generates the maximum revenue, and Europe. The Europe segment designs, manufactures, and distributes branded broadloom carpets (ITC and Arc Edition brand) and modular carpet tiles (modulyss brand). The U.S. segment designs, manufactures, and distributes modular carpet tiles mainly for offices and public projects through the Group's Bentley brand in the U.S. Geographically, the Group generates maximum revenue from its business in North America, followed by Europe, and the Rest of the world.
35GF Score

Get the complete analysis for STU:BDB

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

€0.52
Price
€0.70
GF Value