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Stara Planina Holding ADXBUL:SPH 69 ROE % is 5.55% as of Mar. 2026, which is 32% below its 10-year median of 8.16. GuruFocus rates XBUL:SPH with a GF Score™ of 69/100 and a GF Value™ of €10.19 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 3,001 Industrial Products companies, Stara Planina Holding AD ranks better than 53.15% on this metric.
The historical rank and industry rank for Stara Planina Holding AD's ROE % or its related term are showing as below:
XBUL:SPH'
s ROE % Range Over the Past 10 Years
Min: 2.54 Med: 8.16 Max: 14.38
Current: 6.64
During the past 13 years, Stara Planina Holding AD's highest ROE % was 14.38%. The lowest was 2.54%. And the median was 8.16%.
XBUL:SPH's ROE % is ranked better than 53.15% of 3001
companies
in the Industrial Products industry
Industry Median: 5.86
vs XBUL:SPH: 6.64
Stara Planina Holding AD (XBUL:SPH) 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 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.
* 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 Specialty Industrial Machinery subindustry, Stara Planina Holding 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.
Stara Planina Holding AD ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Stara Planina Holding AD's ROE % distribution charts can be found below:
* The bar in red indicates where Stara Planina Holding 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 four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Stara Planina Holding AD (XBUL:SPH) has a ROE % of 5.55% 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 Stara Planina Holding AD and its competitors. This is 32% below median its historical median of 8.16. Over the past decade, Stara Planina Holding AD's ROE % has ranged from 2.54 to 14.38. According to the industry distribution chart, Stara Planina Holding AD ranks #1406 out of 3001 companies in the Industrial Products industry, placing it in the top 46.9%.
Is Stara Planina Holding AD's ROE % too high?
Stara Planina Holding AD's current ROE % of 5.55% is 32% below median its 10-year median of 8.16. Over the past 10 years, this metric has ranged from a low of 2.54 to a high of 14.38. The Industrial Products industry median ROE % is 5.86. Stara Planina Holding AD's value of 5.55% is 5.3% below this industry median. Based on the distribution chart, Stara Planina Holding AD ranks #1406 out of 3001 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Stara Planina Holding AD has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Stara Planina Holding AD's ROE % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Stara Planina Holding AD ranks #1406 out of 3001 companies for ROE %. This puts Stara Planina Holding AD in the upper half of its industry. The industry median ROE % is 5.86. Stara Planina Holding AD's value of 5.55% is 5.3% below this benchmark. Historically, Stara Planina Holding AD's own ROE % has ranged from 2.54 to 14.38 over the past decade. While the company's 10-year median is 8.16 vs. the industry median of 5.86, Stara Planina Holding 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 Industrial Products company?
The median ROE % among Industrial Products companies is 5.86, based on 3,001 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. Stara Planina Holding AD's current ROE % of 5.55% is 5.3% 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 Stara Planina Holding AD and its competitors. For the Industrial Products industry, the median ROE % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stara Planina Holding AD's current ROE % is 5.55%, which is 32% below median its own 10-year median of 8.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stara Planina Holding AD stock overvalued right now?
Based on GuruFocus' analysis, Stara Planina Holding AD (XBUL:SPH) is currently considered Significantly Undervalued. The stock's GF Value™ is €10.19, compared to a current price of €4.64 — trading 54.5% below its estimated fair value. The current ROE % is 5.55%, which is 32% below median its 10-year median of 8.16 and 5.3% below the Industrial Products industry median of 5.86. Stara Planina Holding AD's overall GF Score™ is 69/100 with 5 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 Stara Planina Holding AD (XBUL:SPH), the current ROE % is 5.55% 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 Stara Planina Holding AD (XBUL:SPH) Overvalued in 2026?
Based on GuruFocus' analysis, Stara Planina Holding AD stock appears to be undervalued.
The current stock price of €4.64 is trading 54.5% below its estimated GF Value™ of €10.19.
GuruFocus considers Stara Planina Holding AD to be Significantly Undervalued.
Key valuation signals for XBUL:SPH:
ROE %: 5.55% (32% below median its 10-year median of 8.16)
GF Value™: €10.19 vs. price of €4.64 (54.5% below fair value)
Industry Position: 5.3% below the Industrial Products median (#1406 of 3001)
No single metric tells the full story. See the XBUL:SPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Stara Planina Holding AD is a holding company. The company is engaged in the acquisition, management, evaluation, and sale of shareholdings in Bulgarian and foreign companies; acquisition, management, and sale of bonds, evaluation and sale of patents, transfer of licenses for the use of patents, belonging to companies where the holding company has participation; financing companies where the holding company has participations; other commercial operations, except those prohibited by law. The investment portfolio of the holding is distributed mainly in the following industries, Machine Building; Electrical Engineering, Light Industry, and Financial.
69GF Score
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