Axon Partners Group (XMAD:APG) ROE %: 41.65% (As of Dec. 2025) — 73% Above Median


XMAD:APG Axon Partners Group SA XMAD:APG
91 GF Score
Price €17.30
GF Value €25.12
Valuation Possible Value Trap
! 3 Warning Signs
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What is Axon Partners Group ROE %?

Axon Partners Group XMAD:APG 91 ROE % is 41.65% as of Dec. 2025, which is 73% above its 10-year median of 24.06. GuruFocus rates XMAD:APG with a GF Score™ of 91/100 and a GF Value™ of €25.12 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,058 Business Services companies, Axon Partners Group ranks better than 88.19% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Axon Partners Group's annualized net income for the quarter that ended in Dec. 2025 was €10.27 Mil. Axon Partners Group's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €24.66 Mil. Therefore, Axon Partners Group's annualized ROE % for the quarter that ended in Dec. 2025 was 41.65%.

The historical rank and industry rank for Axon Partners Group's ROE % or its related term are showing as below:

XMAD:APG' s ROE % Range Over the Past 10 Years
Min: 15.97   Med: 24.06   Max: 29.35
Current: 25.83

During the past 6 years, Axon Partners Group's highest ROE % was 29.35%. The lowest was 15.97%. And the median was 24.06%.

XMAD:APG's ROE % is ranked better than
88.19% of 1058 companies
in the Business Services industry
Industry Median: 8.095 vs XMAD:APG: 25.83

Axon Partners Group  (XMAD:APG) 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
=10.268/24.656
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(10.268 / 33.91)*(33.91 / 35.498)*(35.498 / 24.656)
=Net Margin %*Asset Turnover*Equity Multiplier
=30.28 %*0.9553*1.4397
=ROA %*Equity Multiplier
=28.93 %*1.4397
=41.65 %

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
=10.268/24.656
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (10.268 / 13.116) * (13.116 / 13.444) * (13.444 / 33.91) * (33.91 / 35.498) * (35.498 / 24.656)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7829 * 0.9756 * 39.65 % * 0.9553 * 1.4397
=41.65 %

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.


Axon Partners Group ROE % Related Terms


Axon Partners Group ROE % Historical Data

* Premium members only.

The historical data trend for Axon Partners Group'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.

Axon Partners Group ROE % Chart

Axon Partners Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 27.07 29.35 22.19 23.62 24.50

Axon Partners Group Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.75 8.12 40.54 10.52 41.65

XMAD:APG vs VRSK, EFX, BAH: ROE % Comparison

For the Consulting Services subindustry, Axon Partners Group'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.


Axon Partners Group ROE % vs Business Services Industry

For the Business Services industry and Industrials sector, Axon Partners Group's ROE % distribution charts can be found below:

* The bar in red indicates where Axon Partners Group's ROE % falls into.


XMAD:APG
91GF Score
Axon Partners Group SA XMAD:APG
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Axon Partners Group ROE % Calculation

Axon Partners Group'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 )
=6.355/( (24.501+27.373)/ 2 )
=6.355/25.937
=24.50 %

Axon Partners Group'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 )
=10.268/( (21.939+27.373)/ 2 )
=10.268/24.656
=41.65 %

* 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 41.65% mean?
Axon Partners Group (XMAD:APG) has a ROE % of 41.65% 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 Axon Partners Group and its competitors. This is 73% above median its historical median of 24.06. Over the past decade, Axon Partners Group's ROE % has ranged from 15.97 to 29.35. According to the industry distribution chart, Axon Partners Group ranks #125 out of 1058 companies in the Business Services industry, placing it in the top 11.8%.
Is Axon Partners Group's ROE % too high?
Axon Partners Group's current ROE % of 41.65% is 73% above median its 10-year median of 24.06. Over the past 10 years, this metric has ranged from a low of 15.97 to a high of 29.35. The Business Services industry median ROE % is 8.10. Axon Partners Group's value of 41.65% is 414.5% above this industry median. Based on the distribution chart, Axon Partners Group ranks #125 out of 1058 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Axon Partners Group has a GF Score™ of 91/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Axon Partners Group's ROE % compare to VRSK and EFX?
According to the Business Services industry distribution chart, Axon Partners Group ranks #125 out of 1058 companies for ROE %. This places Axon Partners Group in the top 12% of its industry — outperforming the majority of peers. The industry median ROE % is 8.10. Axon Partners Group's value of 41.65% is 414.5% above this benchmark. Historically, Axon Partners Group's own ROE % has ranged from 15.97 to 29.35 over the past decade. While the company's 10-year median is 24.06 vs. the industry median of 8.10, Axon Partners Group 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 Business Services company?
The median ROE % among Business Services companies is 8.10, based on 1,058 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. Axon Partners Group's current ROE % of 41.65% is 414.5% 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 Axon Partners Group and its competitors. For the Business Services industry, the median ROE % is 8.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axon Partners Group's current ROE % is 41.65%, which is 73% above median its own 10-year median of 24.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axon Partners Group stock overvalued right now?
Based on GuruFocus' analysis, Axon Partners Group (XMAD:APG) is currently considered Possible Value Trap. The stock's GF Value™ is €25.12, compared to a current price of €17.30 — trading 31.1% below its estimated fair value. The current ROE % is 41.65%, which is 73% above median its 10-year median of 24.06 and 414.5% above the Business Services industry median of 8.10. Axon Partners Group's overall GF Score™ is 91/100 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 Axon Partners Group (XMAD:APG), the current ROE % is 41.65% 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 Axon Partners Group (XMAD:APG) Overvalued in 2026?

Based on GuruFocus' analysis, Axon Partners Group stock appears to be undervalued. The current stock price of €17.30 is trading 31.1% below its estimated GF Value™ of €25.12. GuruFocus considers Axon Partners Group to be Possible Value Trap.

Key valuation signals for XMAD:APG:

  • ROE %: 41.65% (73% above median its 10-year median of 24.06)
  • GF Value™: €25.12 vs. price of €17.30 (31.1% below fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 414.5% above the Business Services median (#125 of 1058)

No single metric tells the full story. See the XMAD:APG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Axon Partners Group Business Description

Address Calle Sagasta 18, 3rd Floor, Madrid, ESP, 28004
Axon Partners Group SA is an investment and consulting firm. It offers advisory services in the area of Cybersecurity, Digital Platforms, Cloud, Fog & Edge Computing, AI & Big Data, Cleantech, and Sustainability, among others. It also investment strategies consisting Direct Investment, Fund of Funds, Corporate Venture Capital, and Special Opportunities.
91GF Score

Get the complete analysis for XMAD:APG

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

€17.30
Price
€25.12
GF Value