Transfer Group AB (NGM:TRNSF) Research & Development: kr0.0 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGM:TRNSF Transfer Group AB NGM:TRNSF
45 GF Score
Price kr0.10
GF Value kr0.23
Valuation Significantly Undervalued
! 7 Warning Signs
View Full Analysis

What is Transfer Group AB Research & Development?

Transfer Group AB NGM:TRNSF -1.89% 45 Research & Development is kr0.0 Mil as of Mar. 2026. GuruFocus rates NGM:TRNSF with a GF Score™ of 45/100 and a GF Value™ of kr0.23 (Significantly Undervalued). The stock has 7 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Transfer Group AB's Research & Development for the three months ended in Mar. 2026 was kr0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was kr0.0 Mil.


Transfer Group AB  (NGM:TRNSF) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Transfer Group AB Research & Development Related Terms


Transfer Group AB Research & Development Historical Data

* Premium members only.

The historical data trend for Transfer Group AB's Research & Development 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.

Transfer Group AB Research & Development Chart

Transfer Group AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Transfer Group AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development 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 0.00 0.00 0.00 0.00 0.00
NGM:TRNSF
45GF Score
Transfer Group AB NGM:TRNSF
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Transfer Group AB Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr0.0 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of kr0.0 Mil mean?
Transfer Group AB (NGM:TRNSF) has a Research & Development of kr0.0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Transfer Group AB and its competitors.
Is Transfer Group AB's Research & Development too high?
Transfer Group AB's current Research & Development is kr0.0 Mil. Overall, Transfer Group AB has a GF Score™ of 45/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Transfer Group AB's Research & Development compare to HON and MMM?
Transfer Group AB's Research & Development of kr0.0 Mil can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Conglomerates company?
A good Research & Development depends on the Conglomerates industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Transfer Group AB and its competitors. Transfer Group AB's current Research & Development is kr0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transfer Group AB stock overvalued right now?
Based on GuruFocus' analysis, Transfer Group AB (NGM:TRNSF) is currently considered Significantly Undervalued. The stock's GF Value™ is kr0.23, compared to a current price of kr0.10 — trading 54.8% below its estimated fair value. The current Research & Development is kr0.0 Mil. Transfer Group AB's overall GF Score™ is 45/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Transfer Group AB (NGM:TRNSF), the current Research & Development is kr0.0 Mil as of Mar. 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 Transfer Group AB (NGM:TRNSF) Overvalued in 2026?

Based on GuruFocus' analysis, Transfer Group AB stock appears to be undervalued. The current stock price of kr0.10 is trading 54.8% below its estimated GF Value™ of kr0.23. GuruFocus considers Transfer Group AB to be Significantly Undervalued.

Key valuation signals for NGM:TRNSF:

  • Research & Development: kr0.0 Mil
  • GF Value™: kr0.23 vs. price of kr0.10 (54.8% below fair value)
  • GF Score™: 45/100 with 7 warning signs

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


Transfer Group AB Business Description

Address Warfvinge Road 26, Stockholm, SWE, 112 51
Transfer Group AB is a group with operations in security and surveillance. The business is run through various subsidiaries specialized in both physical and digital security solutions. The range includes alarm and surveillance systems as well as security technology for internal and external protection of demanding and sensitive environments. The operations are found in the Nordic market, with corporate customers in various sectors.
45GF Score

Get the complete analysis for NGM:TRNSF

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr0.10
Price
kr0.23
GF Value