ImPulse Growth AD (XBUL:IMP) ROE %: 10.38% (As of Dec. 2025) — 23% Below Median

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XBUL:IMP ImPulse Growth AD XBUL:IMP
29 GF Score
Price €0.65
! 1 Warning Sign
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What is ImPulse Growth AD ROE %?

ImPulse Growth AD XBUL:IMP +1.56% 29 ROE % is 10.38% as of Dec. 2025, which is 23% below its 10-year median of 13.41. GuruFocus rates XBUL:IMP with a GF Score™ of 29/100. The stock has 1 warning sign investors should review. Among 793 Capital Markets companies, ImPulse Growth AD ranks better than 69.99% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. ImPulse Growth AD's annualized net income for the quarter that ended in Dec. 2025 was €0.63 Mil. ImPulse Growth AD's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €6.09 Mil. Therefore, ImPulse Growth AD's annualized ROE % for the quarter that ended in Dec. 2025 was 10.38%.

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

XBUL:IMP' s ROE % Range Over the Past 10 Years
Min: -6.13   Med: 13.41   Max: 20.4
Current: 13.46

During the past 5 years, ImPulse Growth AD's highest ROE % was 20.40%. The lowest was -6.13%. And the median was 13.41%.

XBUL:IMP's ROE % is ranked better than
69.99% of 793 companies
in the Capital Markets industry
Industry Median: 6.01 vs XBUL:IMP: 13.46

ImPulse Growth AD  (XBUL:IMP) 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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=0.632/6.091
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.632 / -0.776)*(-0.776 / 6.2675)*(6.2675 / 6.091)
=Net Margin %*Asset Turnover*Equity Multiplier
=-81.44 %*-0.1238*1.029
=ROA %*Equity Multiplier
=10.08 %*1.029
=10.38 %

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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=0.632/6.091
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.632 / 0.67) * (0.67 / 0.67) * (0.67 / -0.776) * (-0.776 / 6.2675) * (6.2675 / 6.091)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9433 * 1 * -86.34 % * -0.1238 * 1.029
=10.38 %

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.


ImPulse Growth AD ROE % Related Terms


ImPulse Growth AD ROE % Historical Data

* Premium members only.

The historical data trend for ImPulse Growth 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.

ImPulse Growth AD ROE % Chart

ImPulse Growth AD Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
5.30 -6.13 20.39 13.41 13.83

ImPulse Growth AD Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.48 25.20 2.27 16.60 10.38

XBUL:IMP vs MS, GS, SCHW: ROE % Comparison

For the Capital Markets subindustry, ImPulse Growth 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.


ImPulse Growth AD ROE % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, ImPulse Growth AD's ROE % distribution charts can be found below:

* The bar in red indicates where ImPulse Growth AD's ROE % falls into.


XBUL:IMP
29GF Score
ImPulse Growth AD XBUL:IMP
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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ImPulse Growth AD ROE % Calculation

ImPulse Growth AD'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 )
=0.758/( (4.716+6.249)/ 2 )
=0.758/5.4825
=13.83 %

ImPulse Growth AD's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=0.632/( (5.933+6.249)/ 2 )
=0.632/6.091
=10.38 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 10.38% mean?
ImPulse Growth AD (XBUL:IMP) has a ROE % of 10.38% 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 ImPulse Growth AD and its competitors. This is 23% below median its historical median of 13.41. According to the industry distribution chart, ImPulse Growth AD ranks #238 out of 793 companies in the Capital Markets industry, placing it in the top 30%.
Is ImPulse Growth AD's ROE % too high?
ImPulse Growth AD's current ROE % of 10.38% is 23% below median its 10-year median of 13.41. The Capital Markets industry median ROE % is 6.01. ImPulse Growth AD's value of 10.38% is 72.7% above this industry median. Based on the distribution chart, ImPulse Growth AD ranks #238 out of 793 companies in the Capital Markets industry, which is above the industry midpoint. Overall, ImPulse Growth AD has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does ImPulse Growth AD's ROE % compare to MS and GS?
According to the Capital Markets industry distribution chart, ImPulse Growth AD ranks #238 out of 793 companies for ROE %. This puts ImPulse Growth AD in the upper half of its industry. The industry median ROE % is 6.01. ImPulse Growth AD's value of 10.38% is 72.7% above this benchmark. While the company's 10-year median is 13.41 vs. the industry median of 6.01, ImPulse Growth AD 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 Capital Markets company?
The median ROE % among Capital Markets companies is 6.01, based on 793 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. ImPulse Growth AD's current ROE % of 10.38% is 72.7% 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 ImPulse Growth AD and its competitors. For the Capital Markets industry, the median ROE % is 6.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ImPulse Growth AD's current ROE % is 10.38%, which is 23% below median its own 10-year median of 13.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ImPulse Growth AD stock overvalued right now?
ImPulse Growth AD (XBUL:IMP) has a current ROE % of 10.38%. The current ROE % is 10.38%, which is 23% below median its 10-year median of 13.41 and 72.7% above the Capital Markets industry median of 6.01. ImPulse Growth AD's overall GF Score™ is 29/100 with 1 warning sign 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 ImPulse Growth AD (XBUL:IMP), the current ROE % is 10.38% 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.

ImPulse Growth AD Business Description

Address Patriarch Evtimiy Boulevard No.10, apartment 6, Sofia, BGR
ImPulse Growth AD is a Bulgarian-based company. Its activity consists of business and investment activities, including those related to the acquisition, management and disposal of shares in growing companies, including indirect participation in the capital of such companies through the acquisition of shares in companies, and managing equity portfolios.
29GF Score

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

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