AECI (JSE:AFE) 10-Year RORE % : -18.18% (As of Dec. 2025)

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JSE:AFE AECI Ltd JSE:AFE
70 GF Score
Price R118.15
GF Value R91.17
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is AECI 10-Year RORE %?

AECI JSE:AFE -0.31% 70 10-Year RORE % is -18.18 as of Dec. 2025. GuruFocus rates JSE:AFE with a GF Score™ of 70/100 and a GF Value™ of R91.17 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,054 Chemicals companies, AECI ranks worse than 78.18% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. AECI's 10-Year RORE % for the quarter that ended in Dec. 2025 was -18.18%.

The industry rank for AECI's 10-Year RORE % or its related term are showing as below:

JSE:AFE's 10-Year RORE % is ranked worse than
78.18% of 1054 companies
in the Chemicals industry
Industry Median: 3.985 vs JSE:AFE: -18.18

AECI  (JSE:AFE) 10-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 10-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


AECI 10-Year RORE % Related Terms


AECI 10-Year RORE % Historical Data

* Premium members only.

The historical data trend for AECI's 10-Year RORE % 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.

AECI 10-Year RORE % Chart

AECI Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.19 2.17 4.53 -44.16 -18.18

AECI Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
10-Year RORE % 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 4.53 -7.36 -44.16 -34.92 -18.18

JSE:AFE vs LIN, SHW, ECL: 10-Year RORE % Comparison

For the Specialty Chemicals subindustry, AECI's 10-Year RORE %, along with its competitors' market caps and 10-Year RORE % 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.


AECI 10-Year RORE % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, AECI's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where AECI's 10-Year RORE % falls into.


JSE:AFE
70GF Score
AECI Ltd JSE:AFE
10-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AECI 10-Year RORE % Calculation

AECI's 10-Year RORE % for the quarter that ended in Dec. 2025 is calculated as:

10-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 10-year -Cumulative Dividends per Share for 10-year )
=( 3.39-7.2 )/( 69.21-48.25 )
=-3.81/20.96
=-18.18 %

* 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 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2025 and 10-year before.

Frequently Asked Questions Learn more about 10-Year RORE % →
What does a 10-Year RORE % of -18.18 mean?
AECI (JSE:AFE) has a 10-Year RORE % of -18.18 as of Dec. 2025. 10-Year RORE % shows how much a company earns by reinvesting its retained earnings in 10-year. View historical data on AECI and its competitors. According to the industry distribution chart, AECI ranks #824 out of 1054 companies in the Chemicals industry, placing it in the top 78.2%.
Is AECI's 10-Year RORE % too high?
AECI's current 10-Year RORE % is -18.18. Based on the distribution chart, AECI ranks #824 out of 1054 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, AECI has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AECI's 10-Year RORE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, AECI ranks #824 out of 1054 companies for 10-Year RORE %. This places AECI in the lower half of its industry. The industry median 10-Year RORE % is 3.99. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year RORE % for a Chemicals company?
The median 10-Year RORE % among Chemicals companies is 3.99, based on 1,054 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 10-Year RORE % mean?
A high 10-Year RORE % can signal that a stock is expensive relative to its fundamentals. 10-Year RORE % shows how much a company earns by reinvesting its retained earnings in 10-year. View historical data on AECI and its competitors. For the Chemicals industry, the median 10-Year RORE % is 3.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AECI's current 10-Year RORE % is -18.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AECI stock overvalued right now?
Based on GuruFocus' analysis, AECI (JSE:AFE) is currently considered Modestly Overvalued. The stock's GF Value™ is R91.17, compared to a current price of R118.15 — trading 29.6% above its estimated fair value. The current 10-Year RORE % is -18.18. AECI's overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year RORE % calculated?
10-Year RORE % is calculated from a company's financial statements. For AECI (JSE:AFE), the current 10-Year RORE % is -18.18 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 AECI (JSE:AFE) Overvalued in 2026?

Based on GuruFocus' analysis, AECI stock appears to be overvalued. The current stock price of R118.15 is trading 29.6% above its estimated GF Value™ of R91.17. GuruFocus considers AECI to be Modestly Overvalued.

Key valuation signals for JSE:AFE:

  • 10-Year RORE %: -18.18
  • GF Value™: R91.17 vs. price of R118.15 (29.6% above fair value)
  • GF Score™: 70/100 with 6 warning signs

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


AECI Business Description

Address Woodlands Drive, 24 The Woodlands, First Floor, AECI Place, Woodmead, Sandton, Johannesburg, ZAF, 2191
AECI Ltd is a diversified group operating predominantly in the chemicals industry. The company performs its various business activities in the following reportable segments: AECI Mining, AECI Chemicals, AECI Managed Businesses, and AECI Property Services and Corporate. A majority of its revenue is generated from the AECI Mining segment, which provides a mine-to-mineral solution for the international mining sector. The offerings under this segment include commercial explosives, initiating systems, blasting services, and surfactants for explosives manufacture across the value chain to chemicals for ore beneficiation and tailings treatment. Geographically, the group generates a majority of its revenue from Africa, followed by Asia-Pacific, Europe, North America, and Latin America.
70GF Score

Get the complete analysis for JSE:AFE

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

R118.15
Price
R91.17
GF Value