S4E (WAR:S4E) ROE %: 29.13% (As of Mar. 2026) — 316% Above Median


WAR:S4E S4E SA WAR:S4E
80 GF Score
Price zł57.50
GF Value zł43.84
Valuation Significantly Overvalued
! 6 Warning Signs
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What is S4E ROE %?

S4E WAR:S4E 80 ROE % is 29.13% as of Mar. 2026, which is 316% above its 10-year median of 7.01. GuruFocus rates WAR:S4E with a GF Score™ of 80/100 and a GF Value™ of zł43.84 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,426 Hardware companies, S4E ranks better than 95.38% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. S4E's annualized net income for the quarter that ended in Mar. 2026 was zł11.4 Mil. S4E's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was zł39.1 Mil. Therefore, S4E's annualized ROE % for the quarter that ended in Mar. 2026 was 29.13%.

The historical rank and industry rank for S4E's ROE % or its related term are showing as below:

WAR:S4E' s ROE % Range Over the Past 10 Years
Min: -49.46   Med: 7.01   Max: 62.3
Current: 28.74

During the past 13 years, S4E's highest ROE % was 62.30%. The lowest was -49.46%. And the median was 7.01%.

WAR:S4E's ROE % is ranked better than
95.38% of 2426 companies
in the Hardware industry
Industry Median: 4.635 vs WAR:S4E: 28.74

S4E  (WAR:S4E) 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
=11.376/39.057
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(11.376 / 561.008)*(561.008 / 316.594)*(316.594 / 39.057)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.03 %*1.772*8.1059
=ROA %*Equity Multiplier
=3.6 %*8.1059
=29.13 %

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
=11.376/39.057
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (11.376 / 15.136) * (15.136 / 14.988) * (14.988 / 561.008) * (561.008 / 316.594) * (316.594 / 39.057)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7516 * 1.0099 * 2.67 % * 1.772 * 8.1059
=29.13 %

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.


S4E ROE % Related Terms


S4E ROE % Historical Data

* Premium members only.

The historical data trend for S4E'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.

S4E ROE % Chart

S4E 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 62.30 54.76 44.43 27.59 25.71

S4E 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 18.34 22.92 23.52 38.59 29.13

WAR:S4E vs SNX, ARW, AVT: ROE % Comparison

For the Electronics & Computer Distribution subindustry, S4E'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.


S4E ROE % vs Hardware Industry

For the Hardware industry and Technology sector, S4E's ROE % distribution charts can be found below:

* The bar in red indicates where S4E's ROE % falls into.


WAR:S4E
80GF Score
S4E SA WAR:S4E
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

S4E ROE % Calculation

S4E'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 )
=8.575/( (29.06+37.635)/ 2 )
=8.575/33.3475
=25.71 %

S4E'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 )
=11.376/( (37.635+40.479)/ 2 )
=11.376/39.057
=29.13 %

* 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 29.13% mean?
S4E (WAR:S4E) has a ROE % of 29.13% 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 S4E and its competitors. This is 316% above median its historical median of 7.01. According to the industry distribution chart, S4E ranks #112 out of 2426 companies in the Hardware industry, placing it in the top 4.6%.
Is S4E's ROE % too high?
S4E's current ROE % of 29.13% is 316% above median its 10-year median of 7.01. The Hardware industry median ROE % is 4.64. S4E's value of 29.13% is 528.5% above this industry median. Based on the distribution chart, S4E ranks #112 out of 2426 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, S4E has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does S4E's ROE % compare to SNX and ARW?
According to the Hardware industry distribution chart, S4E ranks #112 out of 2426 companies for ROE %. This places S4E in the top 5% of its industry — outperforming the majority of peers. The industry median ROE % is 4.64. S4E's value of 29.13% is 528.5% above this benchmark. While the company's 10-year median is 7.01 vs. the industry median of 4.64, S4E 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 a Hardware company?
The median ROE % among Hardware companies is 4.64, based on 2,426 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. S4E's current ROE % of 29.13% is 528.5% 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 S4E and its competitors. For the Hardware industry, the median ROE % is 4.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S4E's current ROE % is 29.13%, which is 316% above median its own 10-year median of 7.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S4E stock overvalued right now?
Based on GuruFocus' analysis, S4E (WAR:S4E) is currently considered Significantly Overvalued. The stock's GF Value™ is zł43.84, compared to a current price of zł57.50 — trading 31.2% above its estimated fair value. The current ROE % is 29.13%, which is 316% above median its 10-year median of 7.01 and 528.5% above the Hardware industry median of 4.64. S4E's overall GF Score™ is 80/100 with 6 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 S4E (WAR:S4E), the current ROE % is 29.13% 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 S4E (WAR:S4E) Overvalued in 2026?

Based on GuruFocus' analysis, S4E stock appears to be overvalued. The current stock price of zł57.50 is trading 31.2% above its estimated GF Value™ of zł43.84. GuruFocus considers S4E to be Significantly Overvalued.

Key valuation signals for WAR:S4E:

  • ROE %: 29.13% (316% above median its 10-year median of 7.01)
  • GF Value™: zł43.84 vs. price of zł57.50 (31.2% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 528.5% above the Hardware median (#112 of 2426)

No single metric tells the full story. See the WAR:S4E stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


S4E Business Description

Address ul. Inflancka 4B, Warsaw, POL, 00-189
S4E SA is a distributor of IT solutions with added value VAD in the area of secure data storage and networking. The company directs its offer to trading partners profile VAR and system integrators. The company offers storage solutions for the collection, storage, preservation, and archiving of data in a digital form, and professional services, including designing, organizing, and conducting the trainings, as well as pre-sales, implementation, after-sales care, and maintenance services.
80GF Score

Get the complete analysis for WAR:S4E

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

zł57.50
Price
zł43.84
GF Value