Harboes Bryggeri AS (FRA:DX4) 3-Year RORE % : -28.02% (As of Apr. 2026)


FRA:DX4 Harboes Bryggeri AS FRA:DX4
67 GF Score
Price €14.44
GF Value €15.96
! 5 Warning Signs
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What is Harboes Bryggeri AS 3-Year RORE %?

Harboes Bryggeri AS FRA:DX4 -0.28% 67 3-Year RORE % is -28.02 as of Apr. 2026. GuruFocus rates FRA:DX4 with a GF Score™ of 67/100 and a GF Value™ of €15.96. The stock has 5 warning signs investors should review. Among 201 Beverages - Alcoholic companies, Harboes Bryggeri AS ranks worse than 73.63% 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. Harboes Bryggeri AS's 3-Year RORE % for the quarter that ended in Apr. 2026 was -28.02%.

The industry rank for Harboes Bryggeri AS's 3-Year RORE % or its related term are showing as below:

FRA:DX4's 3-Year RORE % is ranked worse than
73.63% of 201 companies
in the Beverages - Alcoholic industry
Industry Median: -0.68 vs FRA:DX4: -28.02

Harboes Bryggeri AS  (FRA:DX4) 3-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, 3-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.


Harboes Bryggeri AS 3-Year RORE % Related Terms


Harboes Bryggeri AS 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Harboes Bryggeri AS's 3-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.

Harboes Bryggeri AS 3-Year RORE % Chart

Harboes Bryggeri AS Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -1,089.29 108.56 51.67 -28.02

Harboes Bryggeri AS Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
3-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 51.67 14.01 -8.87 -20.86 -28.02

FRA:DX4 vs BUD, STZ, TAP: 3-Year RORE % Comparison

For the Beverages - Brewers subindustry, Harboes Bryggeri AS's 3-Year RORE %, along with its competitors' market caps and 3-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.


Harboes Bryggeri AS 3-Year RORE % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Harboes Bryggeri AS's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Harboes Bryggeri AS's 3-Year RORE % falls into.


FRA:DX4
67GF Score
Harboes Bryggeri AS FRA:DX4
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Harboes Bryggeri AS 3-Year RORE % Calculation

Harboes Bryggeri AS's 3-Year RORE % for the quarter that ended in Apr. 2026 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 0.725-1.739 )/( 3.887-0.268 )
=-1.014/3.619
=-28.02 %

* 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Apr. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of -28.02 mean?
Harboes Bryggeri AS (FRA:DX4) has a 3-Year RORE % of -28.02 as of Apr. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Harboes Bryggeri AS and its competitors. According to the industry distribution chart, Harboes Bryggeri AS ranks #148 out of 201 companies in the Beverages - Alcoholic industry, placing it in the top 73.6%.
Is Harboes Bryggeri AS's 3-Year RORE % too high?
Harboes Bryggeri AS's current 3-Year RORE % is -28.02. Based on the distribution chart, Harboes Bryggeri AS ranks #148 out of 201 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Harboes Bryggeri AS has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Harboes Bryggeri AS's 3-Year RORE % compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Harboes Bryggeri AS ranks #148 out of 201 companies for 3-Year RORE %. This places Harboes Bryggeri AS in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a Beverages - Alcoholic company?
A good 3-Year RORE % depends on the Beverages - Alcoholic industry context. However, 3-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 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Harboes Bryggeri AS and its competitors. Harboes Bryggeri AS's current 3-Year RORE % is -28.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harboes Bryggeri AS stock overvalued right now?
Harboes Bryggeri AS (FRA:DX4) has a current 3-Year RORE % of -28.02. The stock's GF Value™ is €15.96, compared to a current price of €14.44 — trading 9.5% below its estimated fair value. The current 3-Year RORE % is -28.02. Harboes Bryggeri AS's overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Harboes Bryggeri AS (FRA:DX4), the current 3-Year RORE % is -28.02 as of Apr. 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 Harboes Bryggeri AS (FRA:DX4) Overvalued in 2026?

Based on GuruFocus' analysis, Harboes Bryggeri AS stock appears to be undervalued. The current stock price of €14.44 is trading 9.5% below its estimated GF Value™ of €15.96.

Key valuation signals for FRA:DX4:

  • 3-Year RORE %: -28.02
  • GF Value™: €15.96 vs. price of €14.44 (9.5% below fair value)
  • GF Score™: 67/100 with 5 warning signs

No single metric tells the full story. See the FRA:DX4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harboes Bryggeri AS Business Description

Other Exchanges 0ENE:UKHARB B:Denmark
Address Spegerborgvej 34, Skaelskor, DNK, 4230
Harboes Bryggeri AS is a Denmark-based company which is engaged in the production and sale of alcoholic and non-alcoholic beverages. The product portfolio of the company includes beer, soft drinks, non-alcoholic malt and dark malt, energy drinks, juices, ciders, water, and others. Harboes has its presence in Denmark, Germany, and other countries. The majority of the company's revenue comes from Germany.
67GF Score

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

€14.44
Price
€15.96
GF Value