Futures Capital ADXBUL:FCAD 51 ROE % is 1.88% as of Dec. 2025, which is 87% below its 10-year median of 13.93. GuruFocus rates XBUL:FCAD with a GF Score™ of 51/100 and a GF Value™ of €15.47 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,609 Asset Management companies, Futures Capital AD ranks worse than 68.92% on this metric.
The historical rank and industry rank for Futures Capital AD's ROE % or its related term are showing as below:
XBUL:FCAD'
s ROE % Range Over the Past 10 Years
Min: -84.46 Med: 13.93 Max: 68.41
Current: 1.57
During the past 13 years, Futures Capital AD's highest ROE % was 68.41%. The lowest was -84.46%. And the median was 13.93%.
XBUL:FCAD's ROE % is ranked worse than 68.92% of 1609
companies
in the Asset Management industry
Industry Median: 6.52
vs XBUL:FCAD: 1.57
Futures Capital AD (XBUL:FCAD) 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.
Futures Capital AD ROE % Related Terms
Futures Capital AD ROE % Historical Data
* Premium members only.
The historical data trend for Futures Capital AD'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, Futures Capital AD'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.
Futures Capital AD ROE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Futures Capital AD's ROE % distribution charts can be found below:
* The bar in red indicates where Futures Capital AD'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.
Futures Capital AD (XBUL:FCAD) has a ROE % of 1.88% 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 Futures Capital AD and its competitors. This is 87% below median its historical median of 13.93. According to the industry distribution chart, Futures Capital AD ranks #1109 out of 1609 companies in the Asset Management industry, placing it in the top 68.9%.
Is Futures Capital AD's ROE % too high?
Futures Capital AD's current ROE % of 1.88% is 87% below median its 10-year median of 13.93. The Asset Management industry median ROE % is 6.52. Futures Capital AD's value of 1.88% is 71.2% below this industry median. Based on the distribution chart, Futures Capital AD ranks #1109 out of 1609 companies in the Asset Management industry, which is below the industry midpoint. Overall, Futures Capital AD has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Futures Capital AD's ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, Futures Capital AD ranks #1109 out of 1609 companies for ROE %. This places Futures Capital AD in the lower half of its industry. The industry median ROE % is 6.52. Futures Capital AD's value of 1.88% is 71.2% below this benchmark. While the company's 10-year median is 13.93 vs. the industry median of 6.52, Futures Capital AD 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 Asset Management company?
The median ROE % among Asset Management companies is 6.52, based on 1,609 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. Futures Capital AD's current ROE % of 1.88% is 71.2% 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 Futures Capital AD and its competitors. For the Asset Management industry, the median ROE % is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Futures Capital AD's current ROE % is 1.88%, which is 87% below median its own 10-year median of 13.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Futures Capital AD stock overvalued right now?
Based on GuruFocus' analysis, Futures Capital AD (XBUL:FCAD) is currently considered Fairly Valued. The stock's GF Value™ is €15.47, compared to a current price of €16.80 — trading 8.6% above its estimated fair value. The current ROE % is 1.88%, which is 87% below median its 10-year median of 13.93 and 71.2% below the Asset Management industry median of 6.52. Futures Capital AD's overall GF Score™ is 51/100 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 Futures Capital AD (XBUL:FCAD), the current ROE % is 1.88% 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 Futures Capital AD (XBUL:FCAD) Overvalued in 2026?
Based on GuruFocus' analysis, Futures Capital AD stock appears to be overvalued.
The current stock price of €16.80 is trading 8.6% above its estimated GF Value™ of €15.47.
GuruFocus considers Futures Capital AD to be Fairly Valued.
Key valuation signals for XBUL:FCAD:
ROE %: 1.88% (87% below median its 10-year median of 13.93)
GF Value™: €15.47 vs. price of €16.80 (8.6% above fair value)
Industry Position: 71.2% below the Asset Management median (#1109 of 1609)
No single metric tells the full story. See the XBUL:FCAD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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