Stockholm Nordtech Group ABFRA:GD2 -0.55%10 Return-on-Tangible-Asset is -11.91% as of Mar. 2026. GuruFocus rates FRA:GD2 with a GF Score™ of 10/100. Among 2,876 Software companies, Stockholm Nordtech Group AB ranks worse than 63.18% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Stockholm Nordtech Group AB's annualizedNet Income for the quarter that ended in Mar. 2026 was €-4.12 Mil. Stockholm Nordtech Group AB's average total tangible assets for the quarter that ended in Mar. 2026 was €34.64 Mil. Therefore, Stockholm Nordtech Group AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -11.91%.
The historical rank and industry rank for Stockholm Nordtech Group AB's Return-on-Tangible-Asset or its related term are showing as below:
FRA:GD2'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.55 Med: -3.19 Max: -1.25
Current: -2.96
During the past 4 years, Stockholm Nordtech Group AB's highest Return-on-Tangible-Asset was -1.25%. The lowest was -3.55%. And the median was -3.19%.
FRA:GD2's Return-on-Tangible-Asset is ranked worse than 63.18% of 2876
companies
in the Software industry
Industry Median: 2.04
vs FRA:GD2: -2.96
Stockholm Nordtech Group AB (FRA:GD2) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Stockholm Nordtech Group AB Return-on-Tangible-Asset Related Terms
Stockholm Nordtech Group AB Return-on-Tangible-Asset Historical Data
* 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.
Stockholm Nordtech Group AB Return-on-Tangible-Asset Chart
FRA:GD2 vs MSFT, ORCL, PLTR: Return-on-Tangible-Asset Comparison
For the Software - Infrastructure subindustry, Stockholm Nordtech Group AB's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Stockholm Nordtech Group AB Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Stockholm Nordtech Group AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Stockholm Nordtech Group AB's Return-on-Tangible-Asset falls into.
* 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 annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -11.91% mean?
Stockholm Nordtech Group AB (FRA:GD2) has a Return-on-Tangible-Asset of -11.91% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Stockholm Nordtech Group AB and its competitors. According to the industry distribution chart, Stockholm Nordtech Group AB ranks #1817 out of 2876 companies in the Software industry, placing it in the top 63.2%.
Is Stockholm Nordtech Group AB's Return-on-Tangible-Asset too high?
Stockholm Nordtech Group AB's current Return-on-Tangible-Asset is -11.91%. Based on the distribution chart, Stockholm Nordtech Group AB ranks #1817 out of 2876 companies in the Software industry, which is below the industry midpoint. Overall, Stockholm Nordtech Group AB has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Stockholm Nordtech Group AB's Return-on-Tangible-Asset compare to MSFT and ORCL?
According to the Software industry distribution chart, Stockholm Nordtech Group AB ranks #1817 out of 2876 companies for Return-on-Tangible-Asset. This places Stockholm Nordtech Group AB in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.04. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Software company?
The median Return-on-Tangible-Asset among Software companies is 2.04, based on 2,876 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Stockholm Nordtech Group AB and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stockholm Nordtech Group AB's current Return-on-Tangible-Asset is -11.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stockholm Nordtech Group AB stock overvalued right now?
Stockholm Nordtech Group AB (FRA:GD2) has a current Return-on-Tangible-Asset of -11.91%. The current Return-on-Tangible-Asset is -11.91%. Stockholm Nordtech Group AB's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Stockholm Nordtech Group AB (FRA:GD2), the current Return-on-Tangible-Asset is -11.91% 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.
Nordtech Group AB develops and acquires small and medium sized companies that provide mission-critical B2B software solutions in resilient niche markets. Its portfolio includes software businesses serving a range of industries across the Business Platforms, Operational Solutions, and Public Infrastructure segments. The majority of revenue is derived from the Operational solutions segment. The company's software products are used in customer operations and include recurring-revenue business models. The company also supports the adoption of artificial intelligence technologies across its portfolio companies. Its operating model combines ownership oversight with decentralized operations, allowing portfolio companies to manage their day-to-day activities independently.
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