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Quercus TFIWAR:QRS -1.80%96 ROE % is 43.43% as of Mar. 2026, which is 20% above its 10-year median of 36.05. GuruFocus rates WAR:QRS with a GF Score™ of 96/100 and a GF Value™ of zł14.38 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,611 Asset Management companies, Quercus TFI ranks better than 97.21% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Quercus TFI's annualized net income for the quarter that ended in Mar. 2026 was zł64.1 Mil. Quercus TFI's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was zł147.5 Mil. Therefore, Quercus TFI's annualized ROE % for the quarter that ended in Mar. 2026 was 43.43%.
The historical rank and industry rank for Quercus TFI's ROE % or its related term are showing as below:
WAR:QRS'
s ROE % Range Over the Past 10 Years
Min: -21.63 Med: 36.05 Max: 68.92
Current: 57.46
During the past 13 years, Quercus TFI's highest ROE % was 68.92%. The lowest was -21.63%. And the median was 36.05%.
WAR:QRS's ROE % is ranked better than 97.21% of 1611
companies
in the Asset Management industry
Industry Median: 6.64
vs WAR:QRS: 57.46
Quercus TFI (WAR:QRS) 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.
Quercus TFI ROE % Related Terms
Quercus TFI ROE % Historical Data
* Premium members only.
The historical data trend for Quercus TFI'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 Asset Management subindustry, Quercus TFI'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.
Quercus TFI ROE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Quercus TFI's ROE % distribution charts can be found below:
* The bar in red indicates where Quercus TFI'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.
Quercus TFI (WAR:QRS) has a ROE % of 43.43% 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 Quercus TFI and its competitors. This is 20% above median its historical median of 36.05. According to the industry distribution chart, Quercus TFI ranks #45 out of 1611 companies in the Asset Management industry, placing it in the top 2.8%.
Is Quercus TFI's ROE % too high?
Quercus TFI's current ROE % of 43.43% is 20% above median its 10-year median of 36.05. The Asset Management industry median ROE % is 6.64. Quercus TFI's value of 43.43% is 554.1% above this industry median. Based on the distribution chart, Quercus TFI ranks #45 out of 1611 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Quercus TFI has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Quercus TFI's ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, Quercus TFI ranks #45 out of 1611 companies for ROE %. This places Quercus TFI in the top 3% of its industry — outperforming the majority of peers. The industry median ROE % is 6.64. Quercus TFI's value of 43.43% is 554.1% above this benchmark. While the company's 10-year median is 36.05 vs. the industry median of 6.64, Quercus TFI 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 Asset Management company?
The median ROE % among Asset Management companies is 6.64, based on 1,611 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. Quercus TFI's current ROE % of 43.43% is 554.1% 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 Quercus TFI and its competitors. For the Asset Management industry, the median ROE % is 6.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quercus TFI's current ROE % is 43.43%, which is 20% above median its own 10-year median of 36.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quercus TFI stock overvalued right now?
Based on GuruFocus' analysis, Quercus TFI (WAR:QRS) is currently considered Fairly Valued. The stock's GF Value™ is zł14.38, compared to a current price of zł13.06 — trading 9.2% below its estimated fair value. The current ROE % is 43.43%, which is 20% above median its 10-year median of 36.05 and 554.1% above the Asset Management industry median of 6.64. Quercus TFI's overall GF Score™ is 96/100 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 Quercus TFI (WAR:QRS), the current ROE % is 43.43% 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 Quercus TFI (WAR:QRS) Overvalued in 2026?
Based on GuruFocus' analysis, Quercus TFI stock appears to be undervalued.
The current stock price of zł13.06 is trading 9.2% below its estimated GF Value™ of zł14.38.
GuruFocus considers Quercus TFI to be Fairly Valued.
Key valuation signals for WAR:QRS:
ROE %: 43.43% (20% above median its 10-year median of 36.05)
GF Value™: zł14.38 vs. price of zł13.06 (9.2% below fair value)
Industry Position: 554.1% above the Asset Management median (#45 of 1611)
No single metric tells the full story. See the WAR:QRS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quercus TFI SA is an investment fund company in Poland whose offer is mainly targeted at high net-worth Investors. The products of the company include Quercus Short-Term Debt, Quercus Capital Protection, Quercus Treasury Bonds, Quercus Stable, Quercus Aggressive and Quercus Gold among others.
96GF Score
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