Spectra Products (TSXV:SSA) ROE %: 0.44% (As of Dec. 2025) — 97% Below Median


TSXV:SSA Spectra Products Inc TSXV:SSA
56 GF Score
Price C$0.22
GF Value C$0.20
Valuation Fairly Valued
! 5 Warning Signs
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What is Spectra Products ROE %?

Spectra Products TSXV:SSA -24.14% 56 ROE % is 0.44% as of Dec. 2025, which is 97% below its 10-year median of 15.29. GuruFocus rates TSXV:SSA with a GF Score™ of 56/100 and a GF Value™ of C$0.20 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,308 Vehicles & Parts companies, Spectra Products ranks worse than 68.27% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Spectra Products's annualized net income for the quarter that ended in Dec. 2025 was C$0.01 Mil. Spectra Products's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was C$1.83 Mil. Therefore, Spectra Products's annualized ROE % for the quarter that ended in Dec. 2025 was 0.44%.

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

TSXV:SSA' s ROE % Range Over the Past 10 Years
Min: 2.61   Med: 15.29   Max: 180.69
Current: 2.61

During the past 13 years, Spectra Products's highest ROE % was 180.69%. The lowest was 2.61%. And the median was 15.29%.

TSXV:SSA's ROE % is ranked worse than
68.27% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 6.62 vs TSXV:SSA: 2.61

Spectra Products  (TSXV:SSA) 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
=0.008/1.8305
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.008 / 1.44)*(1.44 / 2.176)*(2.176 / 1.8305)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.56 %*0.6618*1.1887
=ROA %*Equity Multiplier
=0.37 %*1.1887
=0.44 %

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
=0.008/1.8305
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.008 / 0.012) * (0.012 / -0.036) * (-0.036 / 1.44) * (1.44 / 2.176) * (2.176 / 1.8305)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6667 * -0.3333 * -2.5 % * 0.6618 * 1.1887
=0.44 %

Note: The net income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (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.


Spectra Products ROE % Related Terms


Spectra Products ROE % Historical Data

* Premium members only.

The historical data trend for Spectra Products'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.

Spectra Products ROE % Chart

Spectra Products 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 15.29 5.13 15.95 8.69 2.69

Spectra Products Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 11.94 13.10 -8.79 5.72 0.44

TSXV:SSA vs ORLY, AZO, BWA: ROE % Comparison

For the Auto Parts subindustry, Spectra Products'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.


Spectra Products ROE % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Spectra Products's ROE % distribution charts can be found below:

* The bar in red indicates where Spectra Products's ROE % falls into.


TSXV:SSA
56GF Score
Spectra Products Inc TSXV:SSA
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Spectra Products ROE % Calculation

Spectra Products'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 )
=0.048/( (1.809+1.763)/ 2 )
=0.048/1.786
=2.69 %

Spectra Products's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=0.008/( (1.898+1.763)/ 2 )
=0.008/1.8305
=0.44 %

* 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 (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 0.44% mean?
Spectra Products (TSXV:SSA) has a ROE % of 0.44% 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 Spectra Products and its competitors. This is 97% below median its historical median of 15.29. Over the past decade, Spectra Products' ROE % has ranged from 2.61 to 180.69. According to the industry distribution chart, Spectra Products ranks #893 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 68.3%.
Is Spectra Products' ROE % too high?
Spectra Products' current ROE % of 0.44% is 97% below median its 10-year median of 15.29. Over the past 10 years, this metric has ranged from a low of 2.61 to a high of 180.69. The Vehicles & Parts industry median ROE % is 6.62. Spectra Products' value of 0.44% is 93.4% below this industry median. Based on the distribution chart, Spectra Products ranks #893 out of 1308 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Spectra Products has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Spectra Products' ROE % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Spectra Products ranks #893 out of 1308 companies for ROE %. This places Spectra Products in the lower half of its industry. The industry median ROE % is 6.62. Spectra Products' value of 0.44% is 93.4% below this benchmark. Historically, Spectra Products' own ROE % has ranged from 2.61 to 180.69 over the past decade. While the company's 10-year median is 15.29 vs. the industry median of 6.62, Spectra Products 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 Vehicles & Parts company?
The median ROE % among Vehicles & Parts companies is 6.62, based on 1,308 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. Spectra Products's current ROE % of 0.44% is 93.4% 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 Spectra Products and its competitors. For the Vehicles & Parts industry, the median ROE % is 6.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spectra Products's current ROE % is 0.44%, which is 97% below median its own 10-year median of 15.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectra Products stock overvalued right now?
Based on GuruFocus' analysis, Spectra Products (TSXV:SSA) is currently considered Fairly Valued. The stock's GF Value™ is C$0.20, compared to a current price of C$0.22 — trading 10% above its estimated fair value. The current ROE % is 0.44%, which is 97% below median its 10-year median of 15.29 and 93.4% below the Vehicles & Parts industry median of 6.62. Spectra Products' overall GF Score™ is 56/100 with 5 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 Spectra Products (TSXV:SSA), the current ROE % is 0.44% 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 Spectra Products (TSXV:SSA) Overvalued in 2026?

Based on GuruFocus' analysis, Spectra Products stock appears to be overvalued. The current stock price of C$0.22 is trading 10% above its estimated GF Value™ of C$0.20. GuruFocus considers Spectra Products to be Fairly Valued.

Key valuation signals for TSXV:SSA:

  • ROE %: 0.44% (97% below median its 10-year median of 15.29)
  • GF Value™: C$0.20 vs. price of C$0.22 (10% above fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 93.4% below the Vehicles & Parts median (#893 of 1308)

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


Spectra Products Business Description

Address 41 Horner Avenue, Unit 2, Etobicoke, Toronto, ON, CAN, M8Z 4X4
Spectra Products Inc is a company engaged in manufacturing and supplying safety and productivity enhancement products to the bus and truck transportation industry. The operating segment of the company is Bus and Truck Transportation Safety Equipment. It manufactures and markets brake and wheel-end monitoring equipment as an after-market product through transportation dealers, distributors and direct sales to fleet operators. Geographically, it generates the majority of its revenue from the United States.
56GF Score

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

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