Enaex (XSGO:ENAEX) ROE %: 20.20% (As of Mar. 2026) — 37% Above Median

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XSGO:ENAEX Enaex SA XSGO:ENAEX
80 GF Score
Price CLP24,909.00
GF Value CLP18,659.87
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Enaex ROE %?

Enaex XSGO:ENAEX 80 ROE % is 20.20% as of Mar. 2026, which is 37% above its 10-year median of 14.71. GuruFocus rates XSGO:ENAEX with a GF Score™ of 80/100 and a GF Value™ of CLP18,659.87 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,584 Chemicals companies, Enaex ranks better than 92.8% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Enaex's annualized net income for the quarter that ended in Mar. 2026 was CLP184,703 Mil. Enaex's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was CLP914,543 Mil. Therefore, Enaex's annualized ROE % for the quarter that ended in Mar. 2026 was 20.20%.

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

XSGO:ENAEX' s ROE % Range Over the Past 10 Years
Min: 11.82   Med: 14.71   Max: 22.57
Current: 20.49

During the past 13 years, Enaex's highest ROE % was 22.57%. The lowest was 11.82%. And the median was 14.71%.

XSGO:ENAEX's ROE % is ranked better than
92.8% of 1584 companies
in the Chemicals industry
Industry Median: 5.25 vs XSGO:ENAEX: 20.49

Enaex  (XSGO:ENAEX) 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
=184703.036/914543.057
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(184703.036 / 2233369.676)*(2233369.676 / 2001042.221)*(2001042.221 / 914543.057)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.27 %*1.1161*2.188
=ROA %*Equity Multiplier
=9.23 %*2.188
=20.20 %

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
=184703.036/914543.057
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (184703.036 / 274520.776) * (274520.776 / 292571.216) * (292571.216 / 2233369.676) * (2233369.676 / 2001042.221) * (2001042.221 / 914543.057)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6728 * 0.9383 * 13.1 % * 1.1161 * 2.188
=20.20 %

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.


Enaex ROE % Related Terms


Enaex ROE % Historical Data

* Premium members only.

The historical data trend for Enaex'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.

Enaex ROE % Chart

Enaex Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.91 22.57 19.34 20.30 19.79

Enaex Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.98 20.42 22.21 19.08 20.20

XSGO:ENAEX vs LIN, SHW, ECL: ROE % Comparison

For the Specialty Chemicals subindustry, Enaex'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.


Enaex ROE % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Enaex's ROE % distribution charts can be found below:

* The bar in red indicates where Enaex's ROE % falls into.


XSGO:ENAEX
80GF Score
Enaex SA XSGO:ENAEX
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Enaex ROE % Calculation

Enaex'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 )
=170463.529/( (828189.434+894796.893)/ 2 )
=170463.529/861493.1635
=19.79 %

Enaex'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 )
=184703.036/( (894796.893+934289.221)/ 2 )
=184703.036/914543.057
=20.20 %

* 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 20.20% mean?
Enaex (XSGO:ENAEX) has a ROE % of 20.20% 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 Enaex and its competitors. This is 37% above median its historical median of 14.71. Over the past decade, Enaex's ROE % has ranged from 11.82 to 22.57. According to the industry distribution chart, Enaex ranks #114 out of 1584 companies in the Chemicals industry, placing it in the top 7.2%.
Is Enaex's ROE % too high?
Enaex's current ROE % of 20.20% is 37% above median its 10-year median of 14.71. Over the past 10 years, this metric has ranged from a low of 11.82 to a high of 22.57. The Chemicals industry median ROE % is 5.25. Enaex's value of 20.20% is 284.8% above this industry median. Based on the distribution chart, Enaex ranks #114 out of 1584 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Enaex has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Enaex's ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Enaex ranks #114 out of 1584 companies for ROE %. This places Enaex in the top 7% of its industry — outperforming the majority of peers. The industry median ROE % is 5.25. Enaex's value of 20.20% is 284.8% above this benchmark. Historically, Enaex's own ROE % has ranged from 11.82 to 22.57 over the past decade. While the company's 10-year median is 14.71 vs. the industry median of 5.25, Enaex 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 Chemicals company?
The median ROE % among Chemicals companies is 5.25, based on 1,584 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. Enaex's current ROE % of 20.20% is 284.8% 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 Enaex and its competitors. For the Chemicals industry, the median ROE % is 5.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enaex's current ROE % is 20.20%, which is 37% above median its own 10-year median of 14.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enaex stock overvalued right now?
Based on GuruFocus' analysis, Enaex (XSGO:ENAEX) is currently considered Significantly Overvalued. The stock's GF Value™ is CLP18,659.87, compared to a current price of CLP24,909.00 — trading 33.5% above its estimated fair value. The current ROE % is 20.20%, which is 37% above median its 10-year median of 14.71 and 284.8% above the Chemicals industry median of 5.25. Enaex's overall GF Score™ is 80/100 with 6 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 Enaex (XSGO:ENAEX), the current ROE % is 20.20% 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 Enaex (XSGO:ENAEX) Overvalued in 2026?

Based on GuruFocus' analysis, Enaex stock appears to be overvalued. The current stock price of CLP24,909.00 is trading 33.5% above its estimated GF Value™ of CLP18,659.87. GuruFocus considers Enaex to be Significantly Overvalued.

Key valuation signals for XSGO:ENAEX:

  • ROE %: 20.20% (37% above median its 10-year median of 14.71)
  • GF Value™: CLP18,659.87 vs. price of CLP24,909.00 (33.5% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 284.8% above the Chemicals median (#114 of 1584)

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


Enaex Business Description

Address El Trovador No. 4253, Las Condes, 5th floor, Santiago, CHL
Enaex SA is a producer of low-density ammonium nitrate. In addition, the company also provides integral rock fragmentation services for the mining in Chile and Latin America. The company's product families are broken down into five categories: raw materials for explosives, blasting agent, high explosives, initiation systems, and accessories. It also offers comprehensive blasting service for mining and civil works and an integral service of administration of powder magazines and plants. It also provides services to the main open-pit and underground mining companies that operate in Chile, Argentina, Mexico, Japan, Australia, Brazil, Colombia, and Peru.
80GF Score

Get the complete analysis for XSGO:ENAEX

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

CLP24,909.00
Price
CLP18,659.87
GF Value