M4B Spolka Akcyjna (WAR:M4B) ROE %: 67.15% (As of Dec. 2025) — 447% Above Median

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WAR:M4B M4B Spolka Akcyjna WAR:M4B
82 GF Score
Price zł11.90
GF Value zł14.82
Valuation Modestly Undervalued
! 2 Warning Signs
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What is M4B Spolka Akcyjna ROE %?

M4B Spolka Akcyjna WAR:M4B 82 ROE % is 67.15% as of Dec. 2025, which is 447% above its 10-year median of 12.27. GuruFocus rates WAR:M4B with a GF Score™ of 82/100 and a GF Value™ of zł14.82 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 3,005 Industrial Products companies, M4B Spolka Akcyjna ranks better than 65.72% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. M4B Spolka Akcyjna's annualized net income for the quarter that ended in Dec. 2025 was zł12.02 Mil. M4B Spolka Akcyjna's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was zł17.89 Mil. Therefore, M4B Spolka Akcyjna's annualized ROE % for the quarter that ended in Dec. 2025 was 67.15%.

The historical rank and industry rank for M4B Spolka Akcyjna's ROE % or its related term are showing as below:

WAR:M4B' s ROE % Range Over the Past 10 Years
Min: -14.5   Med: 12.27   Max: 3370.37
Current: 9.43

During the past 13 years, M4B Spolka Akcyjna's highest ROE % was 3,370.37%. The lowest was -14.50%. And the median was 12.27%.

WAR:M4B's ROE % is ranked better than
65.72% of 3005 companies
in the Industrial Products industry
Industry Median: 5.88 vs WAR:M4B: 9.43

M4B Spolka Akcyjna  (WAR:M4B) 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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=12.016/17.893
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(12.016 / 74.872)*(74.872 / 42.537)*(42.537 / 17.893)
=Net Margin %*Asset Turnover*Equity Multiplier
=16.05 %*1.7602*2.3773
=ROA %*Equity Multiplier
=28.25 %*2.3773
=67.15 %

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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=12.016/17.893
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (12.016 / 14.716) * (14.716 / 16.344) * (16.344 / 74.872) * (74.872 / 42.537) * (42.537 / 17.893)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8165 * 0.9004 * 21.83 % * 1.7602 * 2.3773
=67.15 %

Note: The net income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (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.


M4B Spolka Akcyjna ROE % Related Terms


M4B Spolka Akcyjna ROE % Historical Data

* Premium members only.

The historical data trend for M4B Spolka Akcyjna'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.

M4B Spolka Akcyjna ROE % Chart

M4B Spolka Akcyjna 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 14.21 3.02 1.93 1.56 10.32

M4B Spolka Akcyjna Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 47.55 0.30 0.96 -34.66 67.15

M4B Spolka Akcyjna ROE % Competitor Comparison

For the Business Equipment & Supplies subindustry, M4B Spolka Akcyjna'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.


M4B Spolka Akcyjna ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, M4B Spolka Akcyjna's ROE % distribution charts can be found below:

* The bar in red indicates where M4B Spolka Akcyjna's ROE % falls into.


WAR:M4B
82GF Score
M4B Spolka Akcyjna WAR:M4B
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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M4B Spolka Akcyjna ROE % Calculation

M4B Spolka Akcyjna'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 )
=1.915/( (16.961+20.165)/ 2 )
=1.915/18.563
=10.32 %

M4B Spolka Akcyjna's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=12.016/( (15.621+20.165)/ 2 )
=12.016/17.893
=67.15 %

* 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 (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 67.15% mean?
M4B Spolka Akcyjna (WAR:M4B) has a ROE % of 67.15% 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 M4B Spolka Akcyjna and its competitors. This is 447% above median its historical median of 12.27. According to the industry distribution chart, M4B Spolka Akcyjna ranks #1030 out of 3005 companies in the Industrial Products industry, placing it in the top 34.3%.
Is M4B Spolka Akcyjna's ROE % too high?
M4B Spolka Akcyjna's current ROE % of 67.15% is 447% above median its 10-year median of 12.27. The Industrial Products industry median ROE % is 5.88. M4B Spolka Akcyjna's value of 67.15% is 1042% above this industry median. Based on the distribution chart, M4B Spolka Akcyjna ranks #1030 out of 3005 companies in the Industrial Products industry, which is above the industry midpoint. Overall, M4B Spolka Akcyjna has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does M4B Spolka Akcyjna's ROE % compare to competitors?
According to the Industrial Products industry distribution chart, M4B Spolka Akcyjna ranks #1030 out of 3005 companies for ROE %. This puts M4B Spolka Akcyjna in the upper half of its industry. The industry median ROE % is 5.88. M4B Spolka Akcyjna's value of 67.15% is 1042% above this benchmark. While the company's 10-year median is 12.27 vs. the industry median of 5.88, M4B Spolka Akcyjna 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 an Industrial Products company?
The median ROE % among Industrial Products companies is 5.88, based on 3,005 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. M4B Spolka Akcyjna's current ROE % of 67.15% is 1042% 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 M4B Spolka Akcyjna and its competitors. For the Industrial Products industry, the median ROE % is 5.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M4B Spolka Akcyjna's current ROE % is 67.15%, which is 447% above median its own 10-year median of 12.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M4B Spolka Akcyjna stock overvalued right now?
Based on GuruFocus' analysis, M4B Spolka Akcyjna (WAR:M4B) is currently considered Modestly Undervalued. The stock's GF Value™ is zł14.82, compared to a current price of zł11.90 — trading 19.7% below its estimated fair value. The current ROE % is 67.15%, which is 447% above median its 10-year median of 12.27 and 1042% above the Industrial Products industry median of 5.88. M4B Spolka Akcyjna's overall GF Score™ is 82/100 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 M4B Spolka Akcyjna (WAR:M4B), the current ROE % is 67.15% 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 M4B Spolka Akcyjna (WAR:M4B) Overvalued in 2026?

Based on GuruFocus' analysis, M4B Spolka Akcyjna stock appears to be undervalued. The current stock price of zł11.90 is trading 19.7% below its estimated GF Value™ of zł14.82. GuruFocus considers M4B Spolka Akcyjna to be Modestly Undervalued.

Key valuation signals for WAR:M4B:

  • ROE %: 67.15% (447% above median its 10-year median of 12.27)
  • GF Value™: zł14.82 vs. price of zł11.90 (19.7% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 1042% above the Industrial Products median (#1030 of 3005)

No single metric tells the full story. See the WAR:M4B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


M4B Spolka Akcyjna Business Description

Address Domaniewska Street 47, Warszawa, POL, 02-672
M4B Spolka Akcyjna is involved in designing and creating digital signage solutions in the data communications industry in Poland. Its principal product, WAVE Multimedia Everywhere, is a software product to manage wide screen networks online.
82GF Score

Get the complete analysis for WAR:M4B

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

zł11.90
Price
zł14.82
GF Value