Emmi AG (XSWX:EMMN) ROE %: 25.44% (As of Dec. 2025) — 62% Above Median


XSWX:EMMN Emmi AG XSWX:EMMN
89 GF Score
Price CHF860.00
GF Value CHF965.46
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Emmi AG ROE %?

Emmi AG XSWX:EMMN +1.18% 89 ROE % is 25.44% as of Dec. 2025, which is 62% above its 10-year median of 15.71. GuruFocus rates XSWX:EMMN with a GF Score™ of 89/100 and a GF Value™ of CHF965.46 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,915 Consumer Packaged Goods companies, Emmi AG ranks better than 88.09% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Emmi AG's annualized net income for the quarter that ended in Dec. 2025 was CHF260 Mil. Emmi AG's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was CHF1,020 Mil. Therefore, Emmi AG's annualized ROE % for the quarter that ended in Dec. 2025 was 25.44%.

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

XSWX:EMMN' s ROE % Range Over the Past 10 Years
Min: 11.1   Med: 15.71   Max: 22.44
Current: 22.44

During the past 13 years, Emmi AG's highest ROE % was 22.44%. The lowest was 11.10%. And the median was 15.71%.

XSWX:EMMN's ROE % is ranked better than
88.09% of 1915 companies
in the Consumer Packaged Goods industry
Industry Median: 6.75 vs XSWX:EMMN: 22.44

Emmi AG  (XSWX:EMMN) 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
=259.64/1020.4305
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(259.64 / 4946.524)*(4946.524 / 3399.7005)*(3399.7005 / 1020.4305)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.25 %*1.455*3.3316
=ROA %*Equity Multiplier
=7.64 %*3.3316
=25.44 %

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
=259.64/1020.4305
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (259.64 / 343.342) * (343.342 / 379.452) * (379.452 / 4946.524) * (4946.524 / 3399.7005) * (3399.7005 / 1020.4305)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7562 * 0.9048 * 7.67 % * 1.455 * 3.3316
=25.44 %

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.


Emmi AG ROE % Related Terms


Emmi AG ROE % Historical Data

* Premium members only.

The historical data trend for Emmi AG'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.

Emmi AG ROE % Chart

Emmi AG 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 19.63 16.22 15.13 19.26 21.88

Emmi AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 14.23 15.95 20.00 19.91 25.44

XSWX:EMMN vs KHC, GIS, JBS: ROE % Comparison

For the Packaged Foods subindustry, Emmi AG'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.


Emmi AG ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Emmi AG's ROE % distribution charts can be found below:

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


XSWX:EMMN
89GF Score
Emmi AG XSWX:EMMN
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Emmi AG ROE % Calculation

Emmi AG'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 )
=227.056/( (994.053+1081.534)/ 2 )
=227.056/1037.7935
=21.88 %

Emmi AG'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 )
=259.64/( (959.327+1081.534)/ 2 )
=259.64/1020.4305
=25.44 %

* 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 25.44% mean?
Emmi AG (XSWX:EMMN) has a ROE % of 25.44% 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 Emmi AG and its competitors. This is 62% above median its historical median of 15.71. Over the past decade, Emmi AG's ROE % has ranged from 11.10 to 22.44. According to the industry distribution chart, Emmi AG ranks #228 out of 1915 companies in the Consumer Packaged Goods industry, placing it in the top 11.9%.
Is Emmi AG's ROE % too high?
Emmi AG's current ROE % of 25.44% is 62% above median its 10-year median of 15.71. Over the past 10 years, this metric has ranged from a low of 11.10 to a high of 22.44. The Consumer Packaged Goods industry median ROE % is 6.75. Emmi AG's value of 25.44% is 276.9% above this industry median. Based on the distribution chart, Emmi AG ranks #228 out of 1915 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Emmi AG has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Emmi AG's ROE % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Emmi AG ranks #228 out of 1915 companies for ROE %. This places Emmi AG in the top 12% of its industry — outperforming the majority of peers. The industry median ROE % is 6.75. Emmi AG's value of 25.44% is 276.9% above this benchmark. Historically, Emmi AG's own ROE % has ranged from 11.10 to 22.44 over the past decade. While the company's 10-year median is 15.71 vs. the industry median of 6.75, Emmi AG 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 Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.75, based on 1,915 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. Emmi AG's current ROE % of 25.44% is 276.9% 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 Emmi AG and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emmi AG's current ROE % is 25.44%, which is 62% above median its own 10-year median of 15.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emmi AG stock overvalued right now?
Based on GuruFocus' analysis, Emmi AG (XSWX:EMMN) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF965.46, compared to a current price of CHF860.00 — trading 10.9% below its estimated fair value. The current ROE % is 25.44%, which is 62% above median its 10-year median of 15.71 and 276.9% above the Consumer Packaged Goods industry median of 6.75. Emmi AG's overall GF Score™ is 89/100 with 4 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 Emmi AG (XSWX:EMMN), the current ROE % is 25.44% 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 Emmi AG (XSWX:EMMN) Overvalued in 2026?

Based on GuruFocus' analysis, Emmi AG stock appears to be undervalued. The current stock price of CHF860.00 is trading 10.9% below its estimated GF Value™ of CHF965.46. GuruFocus considers Emmi AG to be Modestly Undervalued.

Key valuation signals for XSWX:EMMN:

  • ROE %: 25.44% (62% above median its 10-year median of 15.71)
  • GF Value™: CHF965.46 vs. price of CHF860.00 (10.9% below fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 276.9% above the Consumer Packaged Goods median (#228 of 1915)

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


Emmi AG Business Description

Address Landenbergstrasse 1, Lucerne, CHE, CH-6005
Emmi AG is a Swiss dairy products manufacturer. The company generates revenue in Switzerland, the Americas, other European countries, and the rest of the world. By product category, dairy products, cheese, and fresh products are the main segments. The company also offers powder/concentrates among other products/services.
89GF Score

Get the complete analysis for XSWX:EMMN

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

CHF860.00
Price
CHF965.46
GF Value