BeLeaf (WAR:BLF) ROE %: 0.00% (As of Mar. 2026)


WAR:BLF BeLeaf SA WAR:BLF
34 GF Score
Price zł2.30
GF Value zł8.33
Valuation Possible Value Trap
! 7 Warning Signs
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What is BeLeaf ROE %?

BeLeaf WAR:BLF 34 ROE % is 0.00% as of Mar. 2026. GuruFocus rates WAR:BLF with a GF Score™ of 34/100 and a GF Value™ of zł8.33 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,058 Business Services companies, BeLeaf ranks worse than 94517.86% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. BeLeaf's annualized net income for the quarter that ended in Mar. 2026 was zł-0.13 Mil. BeLeaf's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was zł-1.27 Mil. Therefore, BeLeaf's annualized ROE % for the quarter that ended in Mar. 2026 was N/A%.

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

WAR:BLF's ROE % is not ranked *
in the Business Services industry.
Industry Median: 8.095
* Ranked among companies with meaningful ROE % only.

BeLeaf  (WAR:BLF) 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
=-0.132/-1.2665
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.132 / 0)*(0 / 0.44)*(0.44 / -1.2665)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*N/A
=ROA %*Equity Multiplier
=N/A %*N/A
=N/A %

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
=-0.132/-1.2665
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.132 / -0.132) * (-0.132 / -0.132) * (-0.132 / 0) * (0 / 0.44) * (0.44 / -1.2665)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1 * N/A % * 0 * N/A
=N/A %

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.


BeLeaf ROE % Related Terms


BeLeaf ROE % Historical Data

* Premium members only.

The historical data trend for BeLeaf'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.

BeLeaf ROE % Chart

BeLeaf 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 Negative Equity 0.00 0.00 0.00 0.00

BeLeaf Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 Negative Equity 0.00

WAR:BLF vs CTAS, CPRT, GPN: ROE % Comparison

For the Specialty Business Services subindustry, BeLeaf'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.


BeLeaf ROE % vs Business Services Industry

For the Business Services industry and Industrials sector, BeLeaf's ROE % distribution charts can be found below:

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


WAR:BLF
34GF Score
BeLeaf SA WAR:BLF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BeLeaf ROE % Calculation

BeLeaf'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 )
=-0.405/( (-0.848+-1.253)/ 2 )
=-0.405/-1.0505
=N/A %

BeLeaf'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 )
=-0.132/( (-1.253+-1.28)/ 2 )
=-0.132/-1.2665
=N/A %

* 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.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 0.00% mean?
BeLeaf (WAR:BLF) has a ROE % of 0.00% 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 BeLeaf and its competitors. According to the industry distribution chart, BeLeaf ranks #999999 out of 1058 companies in the Business Services industry.
Is BeLeaf's ROE % too high?
BeLeaf's current ROE % is 0.00%. Based on the distribution chart, BeLeaf ranks #999999 out of 1058 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, BeLeaf has a GF Score™ of 34/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BeLeaf's ROE % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, BeLeaf ranks #999999 out of 1058 companies for ROE %. This places BeLeaf in the lower half of its industry. The industry median ROE % is 8.10. 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 Business Services company?
The median ROE % among Business Services companies is 8.10, based on 1,058 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 BeLeaf and its competitors. For the Business Services industry, the median ROE % is 8.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BeLeaf's current ROE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BeLeaf stock overvalued right now?
Based on GuruFocus' analysis, BeLeaf (WAR:BLF) is currently considered Possible Value Trap. The stock's GF Value™ is zł8.33, compared to a current price of zł2.30 — trading 72.4% below its estimated fair value. The current ROE % is 0.00%. BeLeaf's overall GF Score™ is 34/100 with 7 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 BeLeaf (WAR:BLF), the current ROE % is 0.00% 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.

Is BeLeaf (WAR:BLF) Overvalued in 2026?

Based on GuruFocus' analysis, BeLeaf stock appears to be undervalued. The current stock price of zł2.30 is trading 72.4% below its estimated GF Value™ of zł8.33. GuruFocus considers BeLeaf to be Possible Value Trap.

Key valuation signals for WAR:BLF:

  • ROE %: 0.00%
  • GF Value™: zł8.33 vs. price of zł2.30 (72.4% below fair value)
  • GF Score™: 34/100 with 7 warning signs

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


BeLeaf Business Description

Address Opatkowicka 10A/9, Krakow, POL, 30-499
BeLeaf SA Formerly Blue Tax Group SA operates in the outsourcing market of financial and accounting services. Its services include tax, economic, legal and financial consultancy. The company provides consulting services for the preparation of applications and securing European union funds for businesses of various sizes. It also offers a package of comprehensive consultancy services, necessary for business owners.
34GF Score

Get the complete analysis for WAR:BLF

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

zł2.30
Price
zł8.33
GF Value