VOYG (Voyager Technologies) ROE %: -47.49% (As of Mar. 2026)


VOYG Voyager Technologies Inc VOYG
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What is Voyager Technologies ROE %?

Voyager Technologies VOYG -0.20% 10 ROE % is -47.49% as of Mar. 2026. GuruFocus rates VOYG with a GF Score™ of 10/100. The stock has 2 warning signs investors should review. Among 347 Aerospace & Defense companies, Voyager Technologies ranks worse than 85.01% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Voyager Technologies's annualized net income for the quarter that ended in Mar. 2026 was $-175.9 Mil. Voyager Technologies's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $370.5 Mil. Therefore, Voyager Technologies's annualized ROE % for the quarter that ended in Mar. 2026 was -47.49%.

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

VOYG' s ROE % Range Over the Past 10 Years
Min: -1096.97   Med: -574.21   Max: -30
Current: -30

During the past 3 years, Voyager Technologies's highest ROE % was -30.00%. The lowest was -1,096.97%. And the median was -574.21%.

VOYG's ROE % is ranked worse than
85.01% of 347 companies
in the Aerospace & Defense industry
Industry Median: 5.91 vs VOYG: -30.00

Voyager Technologies  (NYSE:VOYG) 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
=-175.932/370.474
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-175.932 / 140.984)*(140.984 / 1037.0865)*(1037.0865 / 370.474)
=Net Margin %*Asset Turnover*Equity Multiplier
=-124.79 %*0.1359*2.7994
=ROA %*Equity Multiplier
=-16.96 %*2.7994
=-47.49 %

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
=-175.932/370.474
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-175.932 / -170.872) * (-170.872 / -178.588) * (-178.588 / 140.984) * (140.984 / 1037.0865) * (1037.0865 / 370.474)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0296 * 0.9568 * -126.67 % * 0.1359 * 2.7994
=-47.49 %

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


Voyager Technologies ROE % Related Terms


Voyager Technologies ROE % Historical Data

* Premium members only.

The historical data trend for Voyager Technologies'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.

Voyager Technologies ROE % Chart

Voyager Technologies Annual Data
Trend Dec23 Dec24 Dec25
ROE %
0.00 -1,096.97 -51.44

Voyager Technologies Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only -128.11 -35.91 -11.36 -24.81 -47.49

VOYG vs RCAT, HAWK, RDW: ROE % Comparison

For the Aerospace & Defense subindustry, Voyager Technologies'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.


Voyager Technologies ROE % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Voyager Technologies's ROE % distribution charts can be found below:

* The bar in red indicates where Voyager Technologies's ROE % falls into.


VOYG
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Voyager Technologies Inc VOYG
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Voyager Technologies ROE % Calculation

Voyager Technologies'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 )
=-104.814/( (23.792+383.72)/ 2 )
=-104.814/203.756
=-51.44 %

Voyager Technologies's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-175.932/( (383.72+357.228)/ 2 )
=-175.932/370.474
=-47.49 %

* 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 (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 -47.49% mean?
Voyager Technologies (VOYG) has a ROE % of -47.49% 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 Voyager Technologies and its competitors. According to the industry distribution chart, Voyager Technologies ranks #295 out of 347 companies in the Aerospace & Defense industry, placing it in the top 85%.
Is Voyager Technologies' ROE % too high?
Voyager Technologies' current ROE % is -47.49%. Based on the distribution chart, Voyager Technologies ranks #295 out of 347 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Voyager Technologies has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Voyager Technologies' ROE % compare to RCAT and HAWK?
According to the Aerospace & Defense industry distribution chart, Voyager Technologies ranks #295 out of 347 companies for ROE %. This places Voyager Technologies in the lower half of its industry. The industry median ROE % is 5.91. 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 Aerospace & Defense company?
The median ROE % among Aerospace & Defense companies is 5.91, based on 347 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. 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 Voyager Technologies and its competitors. For the Aerospace & Defense industry, the median ROE % is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voyager Technologies's current ROE % is -47.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voyager Technologies stock overvalued right now?
Voyager Technologies (VOYG) has a current ROE % of -47.49%. The current ROE % is -47.49%. Voyager Technologies' overall GF Score™ is 10/100 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 Voyager Technologies (VOYG), the current ROE % is -47.49% 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.

Voyager Technologies Business Description

Other Exchanges 1QH:Germany
Address 1225 17th Street, Suite 1100, Denver, CO, USA, 80202
Voyager Technologies Inc is a defense and space technology company committed to advancing and delivering transformative, mission-critical solutions. It operates across three primary divisions namely Defense and National Security that provides innovative mission-critical solutions to protect dynamic and contested domains. Pioneer communications technologies, guidance, navigation and controls, signals intelligence and defense systems. Space Solutions delivers space infrastructure, advanced space technology, science systems and mission services that power commercial, academic and government missions from low-Earth orbit to deep space. and Starlab Space Stations is a commercial space station planned to succeed the ISS and provide continued permanent human presence in space.
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