ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Dunav Re a.d's annualized net income for the quarter that ended in Dec. 2025 was RSD338 Mil. Dunav Re a.d's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was RSD4,163 Mil. Therefore, Dunav Re a.d's annualized ROE % for the quarter that ended in Dec. 2025 was 8.13%.
The historical rank and industry rank for Dunav Re a.d's ROE % or its related term are showing as below:
XBEL:DNREM'
s ROE % Range Over the Past 10 Years
Min: 8.46 Med: 17.08 Max: 23.94
Current: 22.22
During the past 13 years, Dunav Re a.d's highest ROE % was 23.94%. The lowest was 8.46%. And the median was 17.08%.
XBEL:DNREM's ROE % is not ranked
in the Insurance industry.
Industry Median: 11.69
vs XBEL:DNREM: 22.22
Dunav Re a.d (XBEL:DNREM) 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.
Dunav Re a.d ROE % Related Terms
Dunav Re a.d ROE % Historical Data
* Premium members only.
The historical data trend for Dunav Re a.d'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 Insurance - Reinsurance subindustry, Dunav Re a.d'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.
Dunav Re a.d ROE % vs Insurance Industry
For the Insurance industry and Financial Services sector, Dunav Re a.d's ROE % distribution charts can be found below:
* The bar in red indicates where Dunav Re a.d'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.
Dunav Re a.d (XBEL:DNREM) has a ROE % of 8.13% 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 Dunav Re a.d and its competitors. This is 52% below median its historical median of 17.08. Over the past decade, Dunav Re a.d's ROE % has ranged from 8.46 to 23.94.
Is Dunav Re a.d's ROE % too high?
Dunav Re a.d's current ROE % of 8.13% is 52% below median its 10-year median of 17.08. Over the past 10 years, this metric has ranged from a low of 8.46 to a high of 23.94. The Insurance industry median ROE % is 11.69. Dunav Re a.d's value of 8.13% is 30.5% below this industry median. Overall, Dunav Re a.d has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Dunav Re a.d's ROE % compare to EG and RGA?
Dunav Re a.d's ROE % of 8.13% can be compared against companies in the Insurance industry. The industry median ROE % is 11.69. Dunav Re a.d's value of 8.13% is 30.5% below this benchmark. Historically, Dunav Re a.d's own ROE % has ranged from 8.46 to 23.94 over the past decade. While the company's 10-year median is 17.08 vs. the industry median of 11.69, Dunav Re a.d 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 an Insurance company?
The median ROE % among Insurance companies is 11.69, based on 507 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. Dunav Re a.d's current ROE % of 8.13% is 30.5% 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 Dunav Re a.d and its competitors. For the Insurance industry, the median ROE % is 11.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dunav Re a.d's current ROE % is 8.13%, which is 52% below median its own 10-year median of 17.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dunav Re a.d stock overvalued right now?
Dunav Re a.d (XBEL:DNREM) has a current ROE % of 8.13%. The current ROE % is 8.13%, which is 52% below median its 10-year median of 17.08 and 30.5% below the Insurance industry median of 11.69. Dunav Re a.d's overall GF Score™ is 13/100 with 3 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 Dunav Re a.d (XBEL:DNREM), the current ROE % is 8.13% 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.
Dunav Re a.d is a joint-stock reinsurance company. It provides reinsurance protection. It operates in countries such as Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, Albania, Turkish part of Cyprus, Germany, Russia, Bulgaria, North Africa (Morocco, Algeria), Asia-Emirates.
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