B-Act (WAR:BAC) ROE %: -34.37% (As of Mar. 2026)


WAR:BAC B-Act SA WAR:BAC
19 GF Score
Price zł3.92
! 5 Warning Signs
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What is B-Act ROE %?

B-Act WAR:BAC +1.29% 19 ROE % is -34.37% as of Mar. 2026. GuruFocus rates WAR:BAC with a GF Score™ of 19/100. The stock has 5 warning signs investors should review. Among 1,737 Construction companies, B-Act ranks better than 73.58% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. B-Act's annualized net income for the quarter that ended in Mar. 2026 was zł-3.42 Mil. B-Act's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was zł9.96 Mil. Therefore, B-Act's annualized ROE % for the quarter that ended in Mar. 2026 was -34.37%.

The historical rank and industry rank for B-Act's ROE % or its related term are showing as below:

WAR:BAC' s ROE % Range Over the Past 10 Years
Min: 13.65   Med: 26.71   Max: 40.57
Current: 13.65

During the past 5 years, B-Act's highest ROE % was 40.57%. The lowest was 13.65%. And the median was 26.71%.

WAR:BAC's ROE % is ranked better than
73.58% of 1737 companies
in the Construction industry
Industry Median: 6.72 vs WAR:BAC: 13.65

B-Act  (WAR:BAC) 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
=-3.424/9.9635
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.424 / 9.32)*(9.32 / 14.7645)*(14.7645 / 9.9635)
=Net Margin %*Asset Turnover*Equity Multiplier
=-36.74 %*0.6312*1.4819
=ROA %*Equity Multiplier
=-23.19 %*1.4819
=-34.37 %

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
=-3.424/9.9635
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-3.424 / -3.424) * (-3.424 / -3.272) * (-3.272 / 9.32) * (9.32 / 14.7645) * (14.7645 / 9.9635)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.0465 * -35.11 % * 0.6312 * 1.4819
=-34.37 %

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.


B-Act ROE % Related Terms


B-Act ROE % Historical Data

* Premium members only.

The historical data trend for B-Act'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.

B-Act ROE % Chart

B-Act Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
33.72 40.57 26.71 19.10 18.25

B-Act Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 -16.84 74.67 4.05 12.73 -34.37

WAR:BAC vs PWR, FIX, EME: ROE % Comparison

For the Engineering & Construction subindustry, B-Act'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.


B-Act ROE % vs Construction Industry

For the Construction industry and Industrials sector, B-Act's ROE % distribution charts can be found below:

* The bar in red indicates where B-Act's ROE % falls into.


WAR:BAC
19GF Score
B-Act SA WAR:BAC
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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B-Act ROE % Calculation

B-Act'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 )
=1.803/( (9.381+10.376)/ 2 )
=1.803/9.8785
=18.25 %

B-Act'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 )
=-3.424/( (10.376+9.551)/ 2 )
=-3.424/9.9635
=-34.37 %

* 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 -34.37% mean?
B-Act (WAR:BAC) has a ROE % of -34.37% 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 B-Act and its competitors. Over the past decade, B-Act's ROE % has ranged from 13.65 to 40.57. According to the industry distribution chart, B-Act ranks #459 out of 1737 companies in the Construction industry, placing it in the top 26.4%.
Is B-Act's ROE % too high?
B-Act's current ROE % is -34.37%. Over the past 10 years, this metric has ranged from a low of 13.65 to a high of 40.57. Based on the distribution chart, B-Act ranks #459 out of 1737 companies in the Construction industry, which is above the industry midpoint. Overall, B-Act has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does B-Act's ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, B-Act ranks #459 out of 1737 companies for ROE %. This puts B-Act in the upper half of its industry. The industry median ROE % is 6.72. Historically, B-Act's own ROE % has ranged from 13.65 to 40.57 over the past decade. 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 Construction company?
The median ROE % among Construction companies is 6.72, based on 1,737 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 B-Act and its competitors. For the Construction industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B-Act's current ROE % is -34.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B-Act stock overvalued right now?
B-Act (WAR:BAC) has a current ROE % of -34.37%. The current ROE % is -34.37%. B-Act's overall GF Score™ is 19/100 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 B-Act (WAR:BAC), the current ROE % is -34.37% 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.

B-Act Business Description

Address ul. Paderewskiego 24, Bydgoszcz, POL, 85075
B-Act SA is an engineering consulting company. The company is engaged in management, consulting, and supervision in the implementation of construction projects in Poland, Romania, Ukraine and the Baltic States. The company provide comprehensive services including representing the investor, technical, economic, financial and legal advice, as well as controlling the course of the investment process with the use of modern IT tools.
19GF Score

Get the complete analysis for WAR:BAC

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

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