Havas NVXAMS:HAVAS +3.52%18 ROE % is 13.01% as of Dec. 2025, which is 43% above its 10-year median of 9.08. GuruFocus rates XAMS:HAVAS with a GF Score™ of 18/100. The stock has 7 warning signs investors should review. Among 950 Media - Diversified companies, Havas NV ranks better than 76.42% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Havas NV's annualized net income for the quarter that ended in Dec. 2025 was €230 Mil. Havas NV's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €1,768 Mil. Therefore, Havas NV's annualized ROE % for the quarter that ended in Dec. 2025 was 13.01%.
The historical rank and industry rank for Havas NV's ROE % or its related term are showing as below:
XAMS:HAVAS'
s ROE % Range Over the Past 10 Years
Min: 6.93 Med: 9.08 Max: 10.47
Current: 10.47
During the past 6 years, Havas NV's highest ROE % was 10.47%. The lowest was 6.93%. And the median was 9.08%.
XAMS:HAVAS's ROE % is ranked better than 76.42% of 950
companies
in the Media - Diversified industry
Industry Median: 2.465
vs XAMS:HAVAS: 10.47
Havas NV (XAMS:HAVAS) 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 two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (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.
Havas NV ROE % Related Terms
Havas NV ROE % Historical Data
* Premium members only.
The historical data trend for Havas NV'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 Advertising Agencies subindustry, Havas NV'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.
Havas NV ROE % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Havas NV's ROE % distribution charts can be found below:
* The bar in red indicates where Havas NV'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 two times the semi-annual (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Havas NV (XAMS:HAVAS) has a ROE % of 13.01% 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 Havas NV and its competitors. This is 43% above median its historical median of 9.08. Over the past decade, Havas NV's ROE % has ranged from 6.93 to 10.47. According to the industry distribution chart, Havas NV ranks #224 out of 950 companies in the Media - Diversified industry, placing it in the top 23.6%.
Is Havas NV's ROE % too high?
Havas NV's current ROE % of 13.01% is 43% above median its 10-year median of 9.08. Over the past 10 years, this metric has ranged from a low of 6.93 to a high of 10.47. The Media - Diversified industry median ROE % is 2.47. Havas NV's value of 13.01% is 427.8% above this industry median. Based on the distribution chart, Havas NV ranks #224 out of 950 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Havas NV has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Havas NV's ROE % compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Havas NV ranks #224 out of 950 companies for ROE %. This places Havas NV in the top 24% of its industry — outperforming the majority of peers. The industry median ROE % is 2.47. Havas NV's value of 13.01% is 427.8% above this benchmark. Historically, Havas NV's own ROE % has ranged from 6.93 to 10.47 over the past decade. While the company's 10-year median is 9.08 vs. the industry median of 2.47, Havas NV 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 Media - Diversified company?
The median ROE % among Media - Diversified companies is 2.47, based on 950 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. Havas NV's current ROE % of 13.01% is 427.8% 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 Havas NV and its competitors. For the Media - Diversified industry, the median ROE % is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Havas NV's current ROE % is 13.01%, which is 43% above median its own 10-year median of 9.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Havas NV stock overvalued right now?
Havas NV (XAMS:HAVAS) has a current ROE % of 13.01%. The current ROE % is 13.01%, which is 43% above median its 10-year median of 9.08 and 427.8% above the Media - Diversified industry median of 2.47. Havas NV's overall GF Score™ is 18/100 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 Havas NV (XAMS:HAVAS), the current ROE % is 13.01% 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.
Havas NV is a communications group providing integrated advertising, media, and healthcare-focused communication services. Its has three business lines: (i) Havas Creative, which delivers creative services, from advertising, brand strategy and business transformation to digital and social media solutions as well as public relations and events; (ii) Havas Media, which is dedicated to delivering comprehensive media experiences, through media planning and buying, fan engagement, retail media and e-commerce, as well as data analytics services to optimize client advertising investments; and (iii) Havas Health, which focuses on healthcare and wellness communications, providing specialized marketing services to pharmaceutical companies. The majority of revenue is derived from Havas Creative.
18GF Score
Get the complete analysis for XAMS:HAVAS
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XAMS:HAVAS has been successfully added to your 
