West African ResourcesSTU:W25 -4.07%96 ROE % is 36.47% as of Dec. 2025, which is 72% above its 10-year median of 21.24. GuruFocus rates STU:W25 with a GF Score™ of 96/100 and a GF Value™ of €1.98 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,389 Metals & Mining companies, West African Resources ranks better than 92.88% on this metric.
The historical rank and industry rank for West African Resources's ROE % or its related term are showing as below:
STU:W25'
s ROE % Range Over the Past 10 Years
Min: -233.46 Med: 21.24 Max: 73.98
Current: 32.2
During the past 13 years, West African Resources's highest ROE % was 73.98%. The lowest was -233.46%. And the median was 21.24%.
STU:W25's ROE % is ranked better than 92.88% of 2389
companies
in the Metals & Mining industry
Industry Median: -16.14
vs STU:W25: 32.20
West African Resources (STU:W25) 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.
* 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 Gold subindustry, West African Resources'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.
West African Resources ROE % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, West African Resources's ROE % distribution charts can be found below:
* The bar in red indicates where West African Resources'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.
West African Resources (STU:W25) has a ROE % of 36.47% 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 West African Resources and its competitors. This is 72% above median its historical median of 21.24. According to the industry distribution chart, West African Resources ranks #170 out of 2389 companies in the Metals & Mining industry, placing it in the top 7.1%.
Is West African Resources' ROE % too high?
West African Resources' current ROE % of 36.47% is 72% above median its 10-year median of 21.24. Based on the distribution chart, West African Resources ranks #170 out of 2389 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, West African Resources has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does West African Resources' ROE % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, West African Resources ranks #170 out of 2389 companies for ROE %. This places West African Resources in the top 7% of its industry — outperforming the majority of peers. 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 Metals & Mining company?
A good ROE % depends on the Metals & Mining industry context. 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 West African Resources and its competitors. West African Resources's current ROE % is 36.47%, which is 72% above median its own 10-year median of 21.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West African Resources stock overvalued right now?
Based on GuruFocus' analysis, West African Resources (STU:W25) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.98, compared to a current price of €1.65 — trading 16.6% below its estimated fair value. The current ROE % is 36.47%, which is 72% above median its 10-year median of 21.24. West African Resources' overall GF Score™ is 96/100 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 West African Resources (STU:W25), the current ROE % is 36.47% 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 West African Resources (STU:W25) Overvalued in 2026?
Based on GuruFocus' analysis, West African Resources stock appears to be undervalued.
The current stock price of €1.65 is trading 16.6% below its estimated GF Value™ of €1.98.
GuruFocus considers West African Resources to be Modestly Undervalued.
Key valuation signals for STU:W25:
ROE %: 36.47% (72% above median its 10-year median of 21.24)
GF Value™: €1.98 vs. price of €1.65 (16.6% below fair value)
No single metric tells the full story. See the STU:W25 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
West African Resources Ltd is engaged in mineral exploration in Burkina Faso. It focuses on the development of the Sanbrado Gold Project. The Group's mineral portfolio also includes gold and copper-gold exploration permits in Burkina Faso. The operating segments of the Company that includes Mining Operations: comprise the Sanbrado Gold Project operation located in Burkina Faso. Construction and E&E segment comprises mines under construction andexploration and evaluation (E&E) projects in locations other than Sanbrado.
96GF Score
Get the complete analysis for STU:W25
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STU:W25 has been successfully added to your 
