Heliad AGXTER:A7A +0.35%59 ROE % is 88.14% as of Dec. 2025, which is 346% above its 10-year median of 19.77. GuruFocus rates XTER:A7A with a GF Score™ of 59/100 and a GF Value™ of €3.80 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,608 Asset Management companies, Heliad AG ranks better than 98.63% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Heliad AG's annualized net income for the quarter that ended in Dec. 2025 was €132.36 Mil. Heliad AG's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €150.17 Mil. Therefore, Heliad AG's annualized ROE % for the quarter that ended in Dec. 2025 was 88.14%.
The historical rank and industry rank for Heliad AG's ROE % or its related term are showing as below:
XTER:A7A'
s ROE % Range Over the Past 10 Years
Min: -0.61 Med: 19.77 Max: 143.5
Current: 85.11
During the past 13 years, Heliad AG's highest ROE % was 143.50%. The lowest was -0.61%. And the median was 19.77%.
XTER:A7A's ROE % is ranked better than 98.63% of 1608
companies
in the Asset Management industry
Industry Median: 6.52
vs XTER:A7A: 85.11
Heliad AG (XTER:A7A) 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 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.
Heliad AG ROE % Related Terms
Heliad AG ROE % Historical Data
* Premium members only.
The historical data trend for Heliad 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.
For the Asset Management subindustry, Heliad 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.
Heliad AG ROE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Heliad AG's ROE % distribution charts can be found below:
* The bar in red indicates where Heliad AG'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 two times the semi-annual (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Heliad AG (XTER:A7A) has a ROE % of 88.14% 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 Heliad AG and its competitors. This is 346% above median its historical median of 19.77. According to the industry distribution chart, Heliad AG ranks #22 out of 1608 companies in the Asset Management industry, placing it in the top 1.4%.
Is Heliad AG's ROE % too high?
Heliad AG's current ROE % of 88.14% is 346% above median its 10-year median of 19.77. The Asset Management industry median ROE % is 6.52. Heliad AG's value of 88.14% is 1251.8% above this industry median. Based on the distribution chart, Heliad AG ranks #22 out of 1608 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Heliad AG has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Heliad AG's ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, Heliad AG ranks #22 out of 1608 companies for ROE %. This places Heliad AG in the top 1% of its industry — outperforming the majority of peers. The industry median ROE % is 6.52. Heliad AG's value of 88.14% is 1251.8% above this benchmark. While the company's 10-year median is 19.77 vs. the industry median of 6.52, Heliad 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 an Asset Management company?
The median ROE % among Asset Management companies is 6.52, based on 1,608 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. Heliad AG's current ROE % of 88.14% is 1251.8% 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 Heliad AG and its competitors. For the Asset Management industry, the median ROE % is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heliad AG's current ROE % is 88.14%, which is 346% above median its own 10-year median of 19.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heliad AG stock overvalued right now?
Based on GuruFocus' analysis, Heliad AG (XTER:A7A) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.80, compared to a current price of €14.30 — trading 276.3% above its estimated fair value. The current ROE % is 88.14%, which is 346% above median its 10-year median of 19.77 and 1251.8% above the Asset Management industry median of 6.52. Heliad AG's overall GF Score™ is 59/100 with 9 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 Heliad AG (XTER:A7A), the current ROE % is 88.14% 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 Heliad AG (XTER:A7A) Overvalued in 2026?
Based on GuruFocus' analysis, Heliad AG stock appears to be overvalued.
The current stock price of €14.30 is trading 276.3% above its estimated GF Value™ of €3.80.
GuruFocus considers Heliad AG to be Significantly Overvalued.
Key valuation signals for XTER:A7A:
ROE %: 88.14% (346% above median its 10-year median of 19.77)
GF Value™: €3.80 vs. price of €14.30 (276.3% above fair value)
Industry Position: 1251.8% above the Asset Management median (#22 of 1608)
No single metric tells the full story. See the XTER:A7A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heliad AG is an investment company. It makes investments with a long investment horizon in high-growth technology companies, providing them long-term support before, during, and after an IPO, and facilitates their access to public capital markets. The company's structure allows it to act independently of the restrictions of customary financing terms and offers shareholders access to market returns even before the IPO, without restrictions or limitations on the size of the investments and term commitments for the shareholders.
59GF Score
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