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Afcon HoldingsXTAE:AFHL -0.25%48 ROE % is 14.22% as of Mar. 2026, which is 23% above its 10-year median of 11.57. GuruFocus rates XTAE:AFHL with a GF Score™ of 48/100 and a GF Value™ of ₪87.39 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,427 Hardware companies, Afcon Holdings ranks better than 82.49% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Afcon Holdings's annualized net income for the quarter that ended in Mar. 2026 was ₪92 Mil. Afcon Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₪645 Mil. Therefore, Afcon Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was 14.22%.
The historical rank and industry rank for Afcon Holdings's ROE % or its related term are showing as below:
XTAE:AFHL'
s ROE % Range Over the Past 10 Years
Min: -10.86 Med: 11.57 Max: 23.24
Current: 14.89
During the past 13 years, Afcon Holdings's highest ROE % was 23.24%. The lowest was -10.86%. And the median was 11.57%.
XTAE:AFHL's ROE % is ranked better than 82.49% of 2427
companies
in the Hardware industry
Industry Median: 4.69
vs XTAE:AFHL: 14.89
Afcon Holdings (XTAE:AFHL) 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.
Afcon Holdings ROE % Related Terms
Afcon Holdings ROE % Historical Data
* Premium members only.
The historical data trend for Afcon Holdings'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.
For the Electronic Components subindustry, Afcon Holdings'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.
Afcon Holdings ROE % vs Hardware Industry
For the Hardware industry and Technology sector, Afcon Holdings's ROE % distribution charts can be found below:
* The bar in red indicates where Afcon Holdings'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.
Afcon Holdings (XTAE:AFHL) has a ROE % of 14.22% 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 Afcon Holdings and its competitors. This is 23% above median its historical median of 11.57. According to the industry distribution chart, Afcon Holdings ranks #425 out of 2427 companies in the Hardware industry, placing it in the top 17.5%.
Is Afcon Holdings' ROE % too high?
Afcon Holdings' current ROE % of 14.22% is 23% above median its 10-year median of 11.57. The Hardware industry median ROE % is 4.69. Afcon Holdings' value of 14.22% is 203.2% above this industry median. Based on the distribution chart, Afcon Holdings ranks #425 out of 2427 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Afcon Holdings has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Afcon Holdings' ROE % compare to APH and GLW?
According to the Hardware industry distribution chart, Afcon Holdings ranks #425 out of 2427 companies for ROE %. This places Afcon Holdings in the top 18% of its industry — outperforming the majority of peers. The industry median ROE % is 4.69. Afcon Holdings' value of 14.22% is 203.2% above this benchmark. While the company's 10-year median is 11.57 vs. the industry median of 4.69, Afcon Holdings 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 Hardware company?
The median ROE % among Hardware companies is 4.69, based on 2,427 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. Afcon Holdings's current ROE % of 14.22% is 203.2% 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 Afcon Holdings and its competitors. For the Hardware industry, the median ROE % is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afcon Holdings's current ROE % is 14.22%, which is 23% above median its own 10-year median of 11.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afcon Holdings stock overvalued right now?
Based on GuruFocus' analysis, Afcon Holdings (XTAE:AFHL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪87.39, compared to a current price of ₪608.00 — trading 595.7% above its estimated fair value. The current ROE % is 14.22%, which is 23% above median its 10-year median of 11.57 and 203.2% above the Hardware industry median of 4.69. Afcon Holdings' overall GF Score™ is 48/100 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 Afcon Holdings (XTAE:AFHL), the current ROE % is 14.22% 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 Afcon Holdings (XTAE:AFHL) Overvalued in 2026?
Based on GuruFocus' analysis, Afcon Holdings stock appears to be overvalued.
The current stock price of ₪608.00 is trading 595.7% above its estimated GF Value™ of ₪87.39.
GuruFocus considers Afcon Holdings to be Significantly Overvalued.
Key valuation signals for XTAE:AFHL:
ROE %: 14.22% (23% above median its 10-year median of 11.57)
GF Value™: ₪87.39 vs. price of ₪608.00 (595.7% above fair value)
Industry Position: 203.2% above the Hardware median (#425 of 2427)
No single metric tells the full story. See the XTAE:AFHL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Afcon Holdings Ltd manufactures electronic components. It provide solutions such as construction contracting and finishing works, installation of electro-mechanical systems (electricity, air conditioning, cooling and plumbing), installation of electrical systems for industry, manufacture and installation of electrical infrastructure products for high voltage, medium / high voltage and low voltage for buildings, Gas engineering, and construction and execution of wind farms, photovoltaic fields and infrastructure facilities. It provides solutions to large-scale projects in the fields of infrastructure, electromechanical systems, control and automation and communications.
48GF Score
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