Fraser and Neave (STU:FNV2) ROE %: 5.92% (As of Mar. 2026) — 22% Above Median


STU:FNV2 Fraser and Neave Ltd STU:FNV2
76 GF Score
Price €0.94
GF Value €0.86
! 8 Warning Signs
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What is Fraser and Neave ROE %?

Fraser and Neave STU:FNV2 76 ROE % is 5.92% as of Mar. 2026, which is 22% above its 10-year median of 4.85. GuruFocus rates STU:FNV2 with a GF Score™ of 76/100 and a GF Value™ of €0.86. The stock has 8 warning signs investors should review. Among 1,914 Consumer Packaged Goods companies, Fraser and Neave ranks worse than 56.9% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Fraser and Neave's annualized net income for the quarter that ended in Mar. 2026 was €110 Mil. Fraser and Neave's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €1,864 Mil. Therefore, Fraser and Neave's annualized ROE % for the quarter that ended in Mar. 2026 was 5.92%.

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

STU:FNV2' s ROE % Range Over the Past 10 Years
Min: 4.1   Med: 4.85   Max: 45.27
Current: 4.96

During the past 13 years, Fraser and Neave's highest ROE % was 45.27%. The lowest was 4.10%. And the median was 4.85%.

STU:FNV2's ROE % is ranked worse than
56.9% of 1914 companies
in the Consumer Packaged Goods industry
Industry Median: 6.72 vs STU:FNV2: 4.96

Fraser and Neave  (STU:FNV2) 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
=110.388/1864.3485
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(110.388 / 1535.078)*(1535.078 / 3492.3755)*(3492.3755 / 1864.3485)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.19 %*0.4396*1.8732
=ROA %*Equity Multiplier
=3.16 %*1.8732
=5.92 %

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
=110.388/1864.3485
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (110.388 / 214.246) * (214.246 / 161.832) * (161.832 / 1535.078) * (1535.078 / 3492.3755) * (3492.3755 / 1864.3485)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5152 * 1.3239 * 10.54 % * 0.4396 * 1.8732
=5.92 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Fraser and Neave ROE % Related Terms


Fraser and Neave ROE % Historical Data

* Premium members only.

The historical data trend for Fraser and Neave'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.

Fraser and Neave ROE % Chart

Fraser and Neave Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.72 4.35 4.34 5.22 4.89

Fraser and Neave Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 5.75 4.65 5.83 4.02 5.92

STU:FNV2 vs KHC, GIS: ROE % Comparison

For the Packaged Foods subindustry, Fraser and Neave'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.


Fraser and Neave ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fraser and Neave's ROE % distribution charts can be found below:

* The bar in red indicates where Fraser and Neave's ROE % falls into.


STU:FNV2
76GF Score
Fraser and Neave Ltd STU:FNV2
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fraser and Neave ROE % Calculation

Fraser and Neave's annualized ROE % for the fiscal year that ended in Sep. 2025 is calculated as

ROE %=Net Income (A: Sep. 2025 )/( (Total Stockholders Equity (A: Sep. 2024 )+Total Stockholders Equity (A: Sep. 2025 ))/ count )
=93.697/( (1992.187+1838.266)/ 2 )
=93.697/1915.2265
=4.89 %

Fraser and Neave's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=110.388/( (1838.266+1890.431)/ 2 )
=110.388/1864.3485
=5.92 %

* 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 (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 5.92% mean?
Fraser and Neave (STU:FNV2) has a ROE % of 5.92% 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 Fraser and Neave and its competitors. This is 22% above median its historical median of 4.85. Over the past decade, Fraser and Neave's ROE % has ranged from 4.10 to 45.27. According to the industry distribution chart, Fraser and Neave ranks #1089 out of 1914 companies in the Consumer Packaged Goods industry, placing it in the top 56.9%.
Is Fraser and Neave's ROE % too high?
Fraser and Neave's current ROE % of 5.92% is 22% above median its 10-year median of 4.85. Over the past 10 years, this metric has ranged from a low of 4.10 to a high of 45.27. The Consumer Packaged Goods industry median ROE % is 6.72. Fraser and Neave's value of 5.92% is 11.9% below this industry median. Based on the distribution chart, Fraser and Neave ranks #1089 out of 1914 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Fraser and Neave has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Fraser and Neave's ROE % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Fraser and Neave ranks #1089 out of 1914 companies for ROE %. This places Fraser and Neave in the lower half of its industry. The industry median ROE % is 6.72. Fraser and Neave's value of 5.92% is 11.9% below this benchmark. Historically, Fraser and Neave's own ROE % has ranged from 4.10 to 45.27 over the past decade. While the company's 10-year median is 4.85 vs. the industry median of 6.72, Fraser and Neave 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 Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.72, based on 1,914 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. Fraser and Neave's current ROE % of 5.92% is 11.9% 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 Fraser and Neave and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fraser and Neave's current ROE % is 5.92%, which is 22% above median its own 10-year median of 4.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fraser and Neave stock overvalued right now?
Fraser and Neave (STU:FNV2) has a current ROE % of 5.92%. The stock's GF Value™ is €0.86, compared to a current price of €0.94 — trading 9.3% above its estimated fair value. The current ROE % is 5.92%, which is 22% above median its 10-year median of 4.85 and 11.9% below the Consumer Packaged Goods industry median of 6.72. Fraser and Neave's overall GF Score™ is 76/100 with 8 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 Fraser and Neave (STU:FNV2), the current ROE % is 5.92% 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 Fraser and Neave (STU:FNV2) Overvalued in 2026?

Based on GuruFocus' analysis, Fraser and Neave stock appears to be overvalued. The current stock price of €0.94 is trading 9.3% above its estimated GF Value™ of €0.86.

Key valuation signals for STU:FNV2:

  • ROE %: 5.92% (22% above median its 10-year median of 4.85)
  • GF Value™: €0.86 vs. price of €0.94 (9.3% above fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 11.9% below the Consumer Packaged Goods median (#1089 of 1914)

No single metric tells the full story. See the STU:FNV2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fraser and Neave Business Description

Other Exchanges FNEVF:USAF99:Singapore
Address 438 Alexandra Road, Number 20-00 Alexandra Point, Singapore, SGP, 119958
Fraser and Neave Ltd is a Singapore-based company that operates through four segments: dairies, beverages, publishing and printing industries, and others. The dairy segment generates the majority of total revenue by manufacturing, marketing, and selling dairy products. The beverages segment is the next contributor to total revenue through the production and selling of soft drinks and alcoholic beverages. The publishing and printing business operates through a network of offices, printing plants, and distributors. The company mainly operates in Singapore, Malaysia, and Thailand.
76GF Score

Get the complete analysis for STU:FNV2

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

€0.94
Price
€0.86
GF Value