Euro-Tax plWAR:ETX +4.00%87 ROE % is 3.52% as of Mar. 2026, which is 95% below its 10-year median of 65.82. GuruFocus rates WAR:ETX with a GF Score™ of 87/100 and a GF Value™ of zł4.06 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 92 Personal Services companies, Euro-Tax pl ranks better than 96.74% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Euro-Tax pl's annualized net income for the quarter that ended in Mar. 2026 was zł0.18 Mil. Euro-Tax pl's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was zł5.00 Mil. Therefore, Euro-Tax pl's annualized ROE % for the quarter that ended in Mar. 2026 was 3.52%.
The historical rank and industry rank for Euro-Tax pl's ROE % or its related term are showing as below:
WAR:ETX'
s ROE % Range Over the Past 10 Years
Min: 8.33 Med: 65.82 Max: 97.94
Current: 97.94
During the past 13 years, Euro-Tax pl's highest ROE % was 97.94%. The lowest was 8.33%. And the median was 65.82%.
WAR:ETX's ROE % is ranked better than 96.74% of 92
companies
in the Personal Services industry
Industry Median: 6.15
vs WAR:ETX: 97.94
Euro-Tax pl (WAR:ETX) 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 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.
Euro-Tax pl ROE % Related Terms
Euro-Tax pl ROE % Historical Data
* Premium members only.
The historical data trend for Euro-Tax pl'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 Personal Services subindustry, Euro-Tax pl'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.
Euro-Tax pl ROE % vs Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Euro-Tax pl's ROE % distribution charts can be found below:
* The bar in red indicates where Euro-Tax pl'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 four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Euro-Tax pl (WAR:ETX) has a ROE % of 3.52% 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 Euro-Tax pl and its competitors. This is 95% below median its historical median of 65.82. Over the past decade, Euro-Tax pl's ROE % has ranged from 8.33 to 97.94. According to the industry distribution chart, Euro-Tax pl ranks #3 out of 92 companies in the Personal Services industry, placing it in the top 3.3%.
Is Euro-Tax pl's ROE % too high?
Euro-Tax pl's current ROE % of 3.52% is 95% below median its 10-year median of 65.82. Over the past 10 years, this metric has ranged from a low of 8.33 to a high of 97.94. The Personal Services industry median ROE % is 6.15. Euro-Tax pl's value of 3.52% is 42.8% below this industry median. Based on the distribution chart, Euro-Tax pl ranks #3 out of 92 companies in the Personal Services industry, which is in the top quartile — a strong position relative to peers. Overall, Euro-Tax pl has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Euro-Tax pl's ROE % compare to ROL and SCI?
According to the Personal Services industry distribution chart, Euro-Tax pl ranks #3 out of 92 companies for ROE %. This places Euro-Tax pl in the top 3% of its industry — outperforming the majority of peers. The industry median ROE % is 6.15. Euro-Tax pl's value of 3.52% is 42.8% below this benchmark. Historically, Euro-Tax pl's own ROE % has ranged from 8.33 to 97.94 over the past decade. While the company's 10-year median is 65.82 vs. the industry median of 6.15, Euro-Tax pl 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 Personal Services company?
The median ROE % among Personal Services companies is 6.15, based on 92 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. Euro-Tax pl's current ROE % of 3.52% is 42.8% 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 Euro-Tax pl and its competitors. For the Personal Services industry, the median ROE % is 6.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Euro-Tax pl's current ROE % is 3.52%, which is 95% below median its own 10-year median of 65.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euro-Tax pl stock overvalued right now?
Based on GuruFocus' analysis, Euro-Tax pl (WAR:ETX) is currently considered Modestly Undervalued. The stock's GF Value™ is zł4.06, compared to a current price of zł3.12 — trading 23.2% below its estimated fair value. The current ROE % is 3.52%, which is 95% below median its 10-year median of 65.82 and 42.8% below the Personal Services industry median of 6.15. Euro-Tax pl's overall GF Score™ is 87/100 with 4 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 Euro-Tax pl (WAR:ETX), the current ROE % is 3.52% 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 Euro-Tax pl (WAR:ETX) Overvalued in 2026?
Based on GuruFocus' analysis, Euro-Tax pl stock appears to be undervalued.
The current stock price of zł3.12 is trading 23.2% below its estimated GF Value™ of zł4.06.
GuruFocus considers Euro-Tax pl to be Modestly Undervalued.
Key valuation signals for WAR:ETX:
ROE %: 3.52% (95% below median its 10-year median of 65.82)
GF Value™: zł4.06 vs. price of zł3.12 (23.2% below fair value)
Industry Position: 42.8% below the Personal Services median (#3 of 92)
No single metric tells the full story. See the WAR:ETX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Euro-Tax pl SA is a financial service provider for the polish emigrants. The company offers tax assessment and repayment services through recruitment and employment agencies. It also invests in the development of IT systems and the improvement of customer service processes.
87GF Score
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