Pyramid AG (XTER:M3B0) 10-Year RORE % : -42.60% (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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XTER:M3B0 Pyramid AG XTER:M3B0
38 GF Score
Price €1.41
GF Value €3.56
Valuation Possible Value Trap
! 3 Warning Signs
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What is Pyramid AG 10-Year RORE %?

Pyramid AG XTER:M3B0 38 10-Year RORE % is -42.60 as of Dec. 2025. GuruFocus rates XTER:M3B0 with a GF Score™ of 38/100 and a GF Value™ of €3.56 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 888 Asset Management companies, Pyramid AG ranks worse than 88.63% 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. Pyramid AG's 10-Year RORE % for the quarter that ended in Dec. 2025 was -42.60%.

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

XTER:M3B0's 10-Year RORE % is ranked worse than
88.63% of 888 companies
in the Asset Management industry
Industry Median: 7.85 vs XTER:M3B0: -42.60

Pyramid AG  (XTER:M3B0) 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.


Pyramid AG 10-Year RORE % Related Terms


Pyramid AG 10-Year RORE % Historical Data

* Premium members only.

The historical data trend for Pyramid AG'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.

Pyramid AG 10-Year RORE % Chart

Pyramid AG 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 137.46 -42.89 21.22 14.83 -42.60

Pyramid AG 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 21.22 53.32 14.83 -122.27 -42.60

XTER:M3B0 vs BLK, BX, KKR: 10-Year RORE % Comparison

For the Asset Management subindustry, Pyramid AG'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.


Pyramid AG 10-Year RORE % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Pyramid AG's 10-Year RORE % distribution charts can be found below:

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


XTER:M3B0
38GF Score
Pyramid AG XTER:M3B0
10-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pyramid AG 10-Year RORE % Calculation

Pyramid AG'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 )
=( -2.503--21.017 )/( -43.465-0 )
=18.514/-43.465
=-42.60 %

* 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 -42.60 mean?
Pyramid AG (XTER:M3B0) has a 10-Year RORE % of -42.60 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 Pyramid AG and its competitors. According to the industry distribution chart, Pyramid AG ranks #787 out of 888 companies in the Asset Management industry, placing it in the top 88.6%.
Is Pyramid AG's 10-Year RORE % too high?
Pyramid AG's current 10-Year RORE % is -42.60. Based on the distribution chart, Pyramid AG ranks #787 out of 888 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Pyramid AG has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pyramid AG's 10-Year RORE % compare to BLK and BX?
According to the Asset Management industry distribution chart, Pyramid AG ranks #787 out of 888 companies for 10-Year RORE %. This places Pyramid AG in the lower half of its industry. The industry median 10-Year RORE % is 7.85. 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 an Asset Management company?
The median 10-Year RORE % among Asset Management companies is 7.85, based on 888 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 Pyramid AG and its competitors. For the Asset Management industry, the median 10-Year RORE % is 7.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pyramid AG's current 10-Year RORE % is -42.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pyramid AG stock overvalued right now?
Based on GuruFocus' analysis, Pyramid AG (XTER:M3B0) is currently considered Possible Value Trap. The stock's GF Value™ is €3.56, compared to a current price of €1.41 — trading 60.4% below its estimated fair value. The current 10-Year RORE % is -42.60. Pyramid AG's overall GF Score™ is 38/100 with 3 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 Pyramid AG (XTER:M3B0), the current 10-Year RORE % is -42.60 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 Pyramid AG (XTER:M3B0) Overvalued in 2026?

Based on GuruFocus' analysis, Pyramid AG stock appears to be undervalued. The current stock price of €1.41 is trading 60.4% below its estimated GF Value™ of €3.56. GuruFocus considers Pyramid AG to be Possible Value Trap.

Key valuation signals for XTER:M3B0:

  • 10-Year RORE %: -42.60
  • GF Value™: €3.56 vs. price of €1.41 (60.4% below fair value)
  • GF Score™: 38/100 with 3 warning signs

No single metric tells the full story. See the XTER:M3B0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pyramid AG Business Description

Other Exchanges M3B0:GermanyM3B0:Germany
Address Sendlinger-Tor-Platz 8, Munich, DEU, 80336
Pyramid AG Formerly mic AG is an investment company. It invests in young technology companies in the field of fiber optics, clean tech, software, microsystems and IT among others. The portfolio comprises of Aifotec AG, 3-Edge Gmbh, and FiSec Gmbh and among others. Its portfolio comprises of u-GPS Optics GmbH, a developer of a technology for three-dimensional (3D) optical measurements, Flores Solar Water GmbH, which develops a low-cost water treatment plant that uses solar thermal energy.
38GF Score

Get the complete analysis for XTER:M3B0

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

€1.41
Price
€3.56
GF Value