Thermal Energy International (STU:EUW) ROE %: 27.89% (As of Feb. 2026) — 239% Above Median


STU:EUW Thermal Energy International Inc STU:EUW
64 GF Score
Price €0.09
GF Value €0.14
! 4 Warning Signs
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What is Thermal Energy International ROE %?

Thermal Energy International STU:EUW +3.30% 64 ROE % is 27.89% as of Feb. 2026, which is 239% above its 10-year median of 8.22. GuruFocus rates STU:EUW with a GF Score™ of 64/100 and a GF Value™ of €0.14. The stock has 4 warning signs investors should review. Among 3,009 Industrial Products companies, Thermal Energy International ranks better than 96.34% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Thermal Energy International's annualized net income for the quarter that ended in Feb. 2026 was €0.80 Mil. Thermal Energy International's average Total Stockholders Equity over the quarter that ended in Feb. 2026 was €2.87 Mil. Therefore, Thermal Energy International's annualized ROE % for the quarter that ended in Feb. 2026 was 27.89%.

The historical rank and industry rank for Thermal Energy International's ROE % or its related term are showing as below:

STU:EUW' s ROE % Range Over the Past 10 Years
Min: -93.3   Med: 8.22   Max: 47.16
Current: 30.88

During the past 13 years, Thermal Energy International's highest ROE % was 47.16%. The lowest was -93.30%. And the median was 8.22%.

STU:EUW's ROE % is ranked better than
96.34% of 3009 companies
in the Industrial Products industry
Industry Median: 5.91 vs STU:EUW: 30.88

Thermal Energy International  (STU:EUW) 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: Feb. 2026 )
=Net Income/Total Stockholders Equity
=0.8/2.868
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.8 / 23.368)*(23.368 / 8.4955)*(8.4955 / 2.868)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.42 %*2.7506*2.9622
=ROA %*Equity Multiplier
=9.41 %*2.9622
=27.89 %

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: Feb. 2026 )
=Net Income/Total Stockholders Equity
=0.8/2.868
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.8 / 0.872) * (0.872 / 1.464) * (1.464 / 23.368) * (23.368 / 8.4955) * (8.4955 / 2.868)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9174 * 0.5956 * 6.26 % * 2.7506 * 2.9622
=27.89 %

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


Thermal Energy International ROE % Related Terms


Thermal Energy International ROE % Historical Data

* Premium members only.

The historical data trend for Thermal Energy International'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.

Thermal Energy International ROE % Chart

Thermal Energy International Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.78 -98.91 45.87 34.16 2.03

Thermal Energy International Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 -44.49 21.77 15.86 56.12 27.89

STU:EUW vs VLTO, ZWS, CECO: ROE % Comparison

For the Pollution & Treatment Controls subindustry, Thermal Energy International'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.


Thermal Energy International ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Thermal Energy International's ROE % distribution charts can be found below:

* The bar in red indicates where Thermal Energy International's ROE % falls into.


STU:EUW
64GF Score
Thermal Energy International Inc STU:EUW
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thermal Energy International ROE % Calculation

Thermal Energy International's annualized ROE % for the fiscal year that ended in May. 2025 is calculated as

ROE %=Net Income (A: May. 2025 )/( (Total Stockholders Equity (A: May. 2024 )+Total Stockholders Equity (A: May. 2025 ))/ count )
=0.047/( (2.343+2.284)/ 2 )
=0.047/2.3135
=2.03 %

Thermal Energy International's annualized ROE % for the quarter that ended in Feb. 2026 is calculated as

ROE %=Net Income (Q: Feb. 2026 )/( (Total Stockholders Equity (Q: Nov. 2025 )+Total Stockholders Equity (Q: Feb. 2026 ))/ count )
=0.8/( (2.719+3.017)/ 2 )
=0.8/2.868
=27.89 %

* 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 (Feb. 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 27.89% mean?
Thermal Energy International (STU:EUW) has a ROE % of 27.89% as of Feb. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Thermal Energy International and its competitors. This is 239% above median its historical median of 8.22. According to the industry distribution chart, Thermal Energy International ranks #110 out of 3009 companies in the Industrial Products industry, placing it in the top 3.7%.
Is Thermal Energy International's ROE % too high?
Thermal Energy International's current ROE % of 27.89% is 239% above median its 10-year median of 8.22. The Industrial Products industry median ROE % is 5.91. Thermal Energy International's value of 27.89% is 371.9% above this industry median. Based on the distribution chart, Thermal Energy International ranks #110 out of 3009 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Thermal Energy International has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Thermal Energy International's ROE % compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Thermal Energy International ranks #110 out of 3009 companies for ROE %. This places Thermal Energy International in the top 4% of its industry — outperforming the majority of peers. The industry median ROE % is 5.91. Thermal Energy International's value of 27.89% is 371.9% above this benchmark. While the company's 10-year median is 8.22 vs. the industry median of 5.91, Thermal Energy International 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 an Industrial Products company?
The median ROE % among Industrial Products companies is 5.91, based on 3,009 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. Thermal Energy International's current ROE % of 27.89% is 371.9% 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 Thermal Energy International and its competitors. For the Industrial Products industry, the median ROE % is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thermal Energy International's current ROE % is 27.89%, which is 239% 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 Thermal Energy International stock overvalued right now?
Thermal Energy International (STU:EUW) has a current ROE % of 27.89%. The stock's GF Value™ is €0.14, compared to a current price of €0.09 — trading 32.9% below its estimated fair value. The current ROE % is 27.89%, which is 239% above median its 10-year median of 8.22 and 371.9% above the Industrial Products industry median of 5.91. Thermal Energy International's overall GF Score™ is 64/100 with 4 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 Thermal Energy International (STU:EUW), the current ROE % is 27.89% as of Feb. 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 Thermal Energy International (STU:EUW) Overvalued in 2026?

Based on GuruFocus' analysis, Thermal Energy International stock appears to be undervalued. The current stock price of €0.09 is trading 32.9% below its estimated GF Value™ of €0.14.

Key valuation signals for STU:EUW:

  • ROE %: 27.89% (239% above median its 10-year median of 8.22)
  • GF Value™: €0.14 vs. price of €0.09 (32.9% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 371.9% above the Industrial Products median (#110 of 3009)

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


Thermal Energy International Business Description

Address 36 Antares Drive, Suite 850, Ottawa, ON, CAN, K2E 7W5
Thermal Energy International Inc is a supplier of proprietary, energy efficiency and emissions reduction solutions to the industrial and institutional sectors. It markets, sells, engineers, fabricates, constructs, installs and supports technology lines - heat recovery solutions and condensate return system solutions. The product portfolio consists of GEM steam traps, FLU-ACE - direct contact condensing heat recovery, and Dry Rex - low-temperature biomass drying systems. The operating segment includes geographical areas that reflect the core business which has units located in Ottawa, Canada and Bristol, UK. The firm derives revenue from Canada, the UK, Germany, France, Poland, India, etc and the rest of the world. Substantial sales revenue comes from the USA.
64GF Score

Get the complete analysis for STU:EUW

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

€0.09
Price
€0.14
GF Value