KBC Ancora (FRA:KB9) 3-Year RORE % : 10.60% (As of Dec. 2025)


FRA:KB9 KBC Ancora SA FRA:KB9
72 GF Score
Price €82.30
GF Value €57.57
Valuation Significantly Overvalued
! 8 Warning Signs
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What is KBC Ancora 3-Year RORE %?

KBC Ancora FRA:KB9 -0.24% 72 3-Year RORE % is 10.60 as of Dec. 2025. GuruFocus rates FRA:KB9 with a GF Score™ of 72/100 and a GF Value™ of €57.57 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,537 Asset Management companies, KBC Ancora ranks worse than 51.59% 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. KBC Ancora's 3-Year RORE % for the quarter that ended in Dec. 2025 was 10.60%.

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

FRA:KB9's 3-Year RORE % is ranked worse than
51.59% of 1537 companies
in the Asset Management industry
Industry Median: 12.56 vs FRA:KB9: 10.60

KBC Ancora  (FRA:KB9) 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.


KBC Ancora 3-Year RORE % Related Terms


KBC Ancora 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for KBC Ancora'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.

KBC Ancora 3-Year RORE % Chart

KBC Ancora Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.00 107.64 -33.64 -200.07 12.57

KBC Ancora Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -60.20 -200.07 -112.47 12.57 10.60

FRA:KB9 vs BLK, BX, KKR: 3-Year RORE % Comparison

For the Asset Management subindustry, KBC Ancora'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.


KBC Ancora 3-Year RORE % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, KBC Ancora's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where KBC Ancora's 3-Year RORE % falls into.


FRA:KB9
72GF Score
KBC Ancora SA FRA:KB9
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
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KBC Ancora 3-Year RORE % Calculation

KBC Ancora's 3-Year RORE % for the quarter that ended in Dec. 2025 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 )
=( 4.106-3.905 )/( 12.807-10.91 )
=0.201/1.897
=10.60 %

* 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2025 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of 10.60 mean?
KBC Ancora (FRA:KB9) has a 3-Year RORE % of 10.60 as of Dec. 2025. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on KBC Ancora and its competitors. According to the industry distribution chart, KBC Ancora ranks #793 out of 1537 companies in the Asset Management industry, placing it in the top 51.6%.
Is KBC Ancora's 3-Year RORE % too high?
KBC Ancora's current 3-Year RORE % is 10.60. The Asset Management industry median 3-Year RORE % is 12.56. KBC Ancora's value of 10.60 is 15.6% below this industry median. Based on the distribution chart, KBC Ancora ranks #793 out of 1537 companies in the Asset Management industry, which is below the industry midpoint. Overall, KBC Ancora has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KBC Ancora's 3-Year RORE % compare to BLK and BX?
According to the Asset Management industry distribution chart, KBC Ancora ranks #793 out of 1537 companies for 3-Year RORE %. This places KBC Ancora in the lower half of its industry. The industry median 3-Year RORE % is 12.56. KBC Ancora's value of 10.60 is 15.6% below this benchmark. 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 an Asset Management company?
The median 3-Year RORE % among Asset Management companies is 12.56, based on 1,537 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. KBC Ancora's current 3-Year RORE % of 10.60 is 15.6% below 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 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 KBC Ancora and its competitors. For the Asset Management industry, the median 3-Year RORE % is 12.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KBC Ancora's current 3-Year RORE % is 10.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KBC Ancora stock overvalued right now?
Based on GuruFocus' analysis, KBC Ancora (FRA:KB9) is currently considered Significantly Overvalued. The stock's GF Value™ is €57.57, compared to a current price of €82.30 — trading 43% above its estimated fair value. The current 3-Year RORE % is 10.60 and 15.6% below the Asset Management industry median of 12.56. KBC Ancora's overall GF Score™ is 72/100 with 8 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 KBC Ancora (FRA:KB9), the current 3-Year RORE % is 10.60 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 KBC Ancora (FRA:KB9) Overvalued in 2026?

Based on GuruFocus' analysis, KBC Ancora stock appears to be overvalued. The current stock price of €82.30 is trading 43% above its estimated GF Value™ of €57.57. GuruFocus considers KBC Ancora to be Significantly Overvalued.

Key valuation signals for FRA:KB9:

  • 3-Year RORE %: 10.60
  • GF Value™: €57.57 vs. price of €82.30 (43% above fair value)
  • GF Score™: 72/100 with 8 warning signs
  • Industry Position: 15.6% below the Asset Management median (#793 of 1537)

No single metric tells the full story. See the FRA:KB9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KBC Ancora Business Description

Address Muntstraat 1, Leuven, BEL, 3000
KBC Ancora SA is a financial services holding company whose sole asset is a substantial participating interest in KBC Group. Its operational activities are fairly limited. The group engages in retail banking, insurance, and asset management services, deriving the vast majority of its profits from activities in Belgium. Other profit-driving markets include the Czech Republic, Bulgaria, and Ireland. Revenue is reported through net interest income, insurance premiums, and fees and commissions, reflecting a diverse range of services.
72GF Score

Get the complete analysis for FRA:KB9

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

€82.30
Price
€57.57
GF Value