UmicoreUMICF 59 ROE % is 23.31% as of Dec. 2025, which is 104% above its 10-year median of 11.43. GuruFocus rates UMICF with a GF Score™ of 59/100 and a GF Value™ of $13.01 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 234 Waste Management companies, Umicore ranks better than 88.89% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Umicore's annualized net income for the quarter that ended in Dec. 2025 was $580 Mil. Umicore's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was $2,490 Mil. Therefore, Umicore's annualized ROE % for the quarter that ended in Dec. 2025 was 23.31%.
The historical rank and industry rank for Umicore's ROE % or its related term are showing as below:
UMICF'
s ROE % Range Over the Past 10 Years
Min: -52.86 Med: 11.43 Max: 21.83
Current: 18.54
During the past 13 years, Umicore's highest ROE % was 21.83%. The lowest was -52.86%. And the median was 11.43%.
UMICF's ROE % is ranked better than 88.89% of 234
companies
in the Waste Management industry
Industry Median: 4.675
vs UMICF: 18.54
Umicore (OTCPK:UMICF) 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.
Umicore ROE % Related Terms
Umicore ROE % Historical Data
* Premium members only.
The historical data trend for Umicore'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.
For the Waste Management subindustry, Umicore'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.
Umicore ROE % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Umicore's ROE % distribution charts can be found below:
* The bar in red indicates where Umicore'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.
Umicore (UMICF) has a ROE % of 23.31% 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 Umicore and its competitors. This is 104% above median its historical median of 11.43. According to the industry distribution chart, Umicore ranks #26 out of 234 companies in the Waste Management industry, placing it in the top 11.1%.
Is Umicore's ROE % too high?
Umicore's current ROE % of 23.31% is 104% above median its 10-year median of 11.43. The Waste Management industry median ROE % is 4.68. Umicore's value of 23.31% is 398.6% above this industry median. Based on the distribution chart, Umicore ranks #26 out of 234 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Umicore has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Umicore's ROE % compare to WM and RSG?
According to the Waste Management industry distribution chart, Umicore ranks #26 out of 234 companies for ROE %. This places Umicore in the top 11% of its industry — outperforming the majority of peers. The industry median ROE % is 4.68. Umicore's value of 23.31% is 398.6% above this benchmark. While the company's 10-year median is 11.43 vs. the industry median of 4.68, Umicore 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 a Waste Management company?
The median ROE % among Waste Management companies is 4.68, based on 234 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. Umicore's current ROE % of 23.31% is 398.6% 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 Umicore and its competitors. For the Waste Management industry, the median ROE % is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Umicore's current ROE % is 23.31%, which is 104% above median its own 10-year median of 11.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Umicore stock overvalued right now?
Based on GuruFocus' analysis, Umicore (UMICF) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.01, compared to a current price of $24.92 — trading 91.5% above its estimated fair value. The current ROE % is 23.31%, which is 104% above median its 10-year median of 11.43 and 398.6% above the Waste Management industry median of 4.68. Umicore's overall GF Score™ is 59/100 with 2 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 Umicore (UMICF), the current ROE % is 23.31% 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 Umicore (UMICF) Overvalued in 2026?
Based on GuruFocus' analysis, Umicore stock appears to be overvalued.
The current stock price of $24.92 is trading 91.5% above its estimated GF Value™ of $13.01.
GuruFocus considers Umicore to be Significantly Overvalued.
Key valuation signals for UMICF:
ROE %: 23.31% (104% above median its 10-year median of 11.43)
GF Value™: $13.01 vs. price of $24.92 (91.5% above fair value)
Industry Position: 398.6% above the Waste Management median (#26 of 234)
No single metric tells the full story. See the UMICF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Umicore SA is an advanced materials and recycling group. It operates in the business groups: Catalysis, Battery Materials, Specialty Materials, Recycling, and Corporate and Unallocated. Key revenue is derived from its Recycling segment, which treats complex waste streams containing precious and other specialty metals. The Battery Materials segment is engaged in developing, manufacturing, and marketing cathode materials (CAM) and its precursors (pCAM) for lithium-ion batteries. The Catalysis segment provides automotive catalysts for gasoline and diesel light and heavy-duty diesel applications, and the Specialty segment develops, manufactures, and distributes metal-based materials and chemicals for applications vital to everyday lives. Geographically, it derives majority revenue from Europe.
59GF Score
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