White Pebbles AB (XSAT:WHITE B) ROE %: 4.64% (As of Mar. 2026) — 394% Above Median

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XSAT:WHITE B White Pebbles AB XSAT:WHITE B
12 GF Score
Price kr125.00
! 1 Warning Sign
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What is White Pebbles AB ROE %?

White Pebbles AB XSAT:WHITE B 12 ROE % is 4.64% as of Mar. 2026, which is 394% above its 10-year median of 0.94. GuruFocus rates XSAT:WHITE B with a GF Score™ of 12/100. The stock has 1 warning sign investors should review. Among 1,611 Asset Management companies, White Pebbles AB ranks worse than 69.77% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. White Pebbles AB's annualized net income for the quarter that ended in Mar. 2026 was kr1.11 Mil. White Pebbles AB's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was kr23.88 Mil. Therefore, White Pebbles AB's annualized ROE % for the quarter that ended in Mar. 2026 was 4.64%.

The historical rank and industry rank for White Pebbles AB's ROE % or its related term are showing as below:

XSAT:WHITE B' s ROE % Range Over the Past 10 Years
Min: 0.94   Med: 0.94   Max: 1.69
Current: 1.69

During the past 2 years, White Pebbles AB's highest ROE % was 1.69%. The lowest was 0.94%. And the median was 0.94%.

XSAT:WHITE B's ROE % is ranked worse than
69.77% of 1611 companies
in the Asset Management industry
Industry Median: 6.87 vs XSAT:WHITE B: 1.69

White Pebbles AB  (XSAT:WHITE B) 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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1.108/23.8755
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.108 / 0)*(0 / 24.1275)*(24.1275 / 23.8755)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.0106
=ROA %*Equity Multiplier
=N/A %*1.0106
=4.64 %

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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1.108/23.8755
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1.108 / 1.204) * (1.204 / -0.82) * (-0.82 / 0) * (0 / 24.1275) * (24.1275 / 23.8755)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9203 * -1.4683 * N/A % * 0 * 1.0106
=4.64 %

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.


White Pebbles AB ROE % Related Terms


White Pebbles AB ROE % Historical Data

* Premium members only.

The historical data trend for White Pebbles AB'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.

White Pebbles AB ROE % Chart

White Pebbles AB Annual Data
Trend Dec24 Dec25
ROE %
0.00 0.94

White Pebbles AB Quarterly Data
Dec24 Mar25 Jun25 Dec25 Mar26
ROE % 0.00 5.46 3.69 -1.59 4.64

XSAT:WHITE B vs BLK, BX, KKR: ROE % Comparison

For the Asset Management subindustry, White Pebbles AB'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.


White Pebbles AB ROE % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, White Pebbles AB's ROE % distribution charts can be found below:

* The bar in red indicates where White Pebbles AB's ROE % falls into.


XSAT:WHITE B
12GF Score
White Pebbles AB XSAT:WHITE B
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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White Pebbles AB ROE % Calculation

White Pebbles AB'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 )
=0.159/( (10.041+23.737)/ 2 )
=0.159/16.889
=0.94 %

White Pebbles AB's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=1.108/( (23.737+24.014)/ 2 )
=1.108/23.8755
=4.64 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 4.64% mean?
White Pebbles AB (XSAT:WHITE B) has a ROE % of 4.64% 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 White Pebbles AB and its competitors. This is 394% above median its historical median of 0.94. Over the past decade, White Pebbles AB's ROE % has ranged from 0.94 to 1.69. According to the industry distribution chart, White Pebbles AB ranks #1124 out of 1611 companies in the Asset Management industry, placing it in the top 69.8%.
Is White Pebbles AB's ROE % too high?
White Pebbles AB's current ROE % of 4.64% is 394% above median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 1.69. The Asset Management industry median ROE % is 6.87. White Pebbles AB's value of 4.64% is 32.5% below this industry median. Based on the distribution chart, White Pebbles AB ranks #1124 out of 1611 companies in the Asset Management industry, which is below the industry midpoint. Overall, White Pebbles AB has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does White Pebbles AB's ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, White Pebbles AB ranks #1124 out of 1611 companies for ROE %. This places White Pebbles AB in the lower half of its industry. The industry median ROE % is 6.87. White Pebbles AB's value of 4.64% is 32.5% below this benchmark. Historically, White Pebbles AB's own ROE % has ranged from 0.94 to 1.69 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 6.87, White Pebbles AB 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 6.87, based on 1,611 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. White Pebbles AB's current ROE % of 4.64% is 32.5% 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 White Pebbles AB and its competitors. For the Asset Management industry, the median ROE % is 6.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. White Pebbles AB's current ROE % is 4.64%, which is 394% above median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is White Pebbles AB stock overvalued right now?
White Pebbles AB (XSAT:WHITE B) has a current ROE % of 4.64%. The current ROE % is 4.64%, which is 394% above median its 10-year median of 0.94 and 32.5% below the Asset Management industry median of 6.87. White Pebbles AB's overall GF Score™ is 12/100 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 White Pebbles AB (XSAT:WHITE B), the current ROE % is 4.64% 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.

White Pebbles AB Business Description

Address Kungsgatan 32, Box 3395, Stockholm, SWE, 10368
White Pebbles AB White Pebbles AB is a Swedish investment company focused on long-term value creation through active investments in unlisted companies. The business model of the company is based on active and long-term ownership, including participation in portfolio company boards to support strategic decisions, organizational development, and financial structuring.
12GF Score

Get the complete analysis for XSAT:WHITE B

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

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