Jumpgate AB (NGM:GATE) Return-on-Tangible-Asset: -55.89% (As of Mar. 2026)

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:GATE Jumpgate AB NGM:GATE
42 GF Score
Price kr1.95
GF Value kr1.19
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Jumpgate AB Return-on-Tangible-Asset?

Jumpgate AB NGM:GATE -2.50% 42 Return-on-Tangible-Asset is -55.89% as of Mar. 2026. GuruFocus rates NGM:GATE with a GF Score™ of 42/100 and a GF Value™ of kr1.19 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 568 Interactive Media companies, Jumpgate AB ranks worse than 94.01% 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. Jumpgate AB's annualized Net Income for the quarter that ended in Mar. 2026 was kr-6.70 Mil. Jumpgate AB's average total tangible assets for the quarter that ended in Mar. 2026 was kr11.99 Mil. Therefore, Jumpgate AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -55.89%.

The historical rank and industry rank for Jumpgate AB's Return-on-Tangible-Asset or its related term are showing as below:

NGM:GATE' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -592.9   Med: -244.12   Max: -122.18
Current: -171.48

During the past 12 years, Jumpgate AB's highest Return-on-Tangible-Asset was -122.18%. The lowest was -592.90%. And the median was -244.12%.

NGM:GATE's Return-on-Tangible-Asset is ranked worse than
94.01% of 568 companies
in the Interactive Media industry
Industry Median: 0.735 vs NGM:GATE: -171.48

Jumpgate AB  (NGM:GATE) 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 company’s 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 company’s 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.


Jumpgate AB Return-on-Tangible-Asset Related Terms


Jumpgate AB Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Jumpgate AB's Return-on-Tangible-Asset 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.

Jumpgate AB Return-on-Tangible-Asset Chart

Jumpgate AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -256.46 -365.03 -287.16 -122.18 -195.97

Jumpgate AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset 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 -233.89 -152.90 -229.37 -294.95 -55.89

NGM:GATE vs NTES, EA, TTWO: Return-on-Tangible-Asset Comparison

For the Electronic Gaming & Multimedia subindustry, Jumpgate 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.


Jumpgate AB Return-on-Tangible-Asset vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Jumpgate AB's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Jumpgate AB's Return-on-Tangible-Asset falls into.


NGM:GATE
42GF Score
Jumpgate AB NGM:GATE
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jumpgate AB Return-on-Tangible-Asset Calculation

Jumpgate AB's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-22.065/( (11.616+10.903)/ 2 )
=-22.065/11.2595
=-195.97 %

Jumpgate AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-6.7/( (10.903+13.073)/ 2 )
=-6.7/11.988
=-55.89 %

* 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 -55.89% mean?
Jumpgate AB (NGM:GATE) has a Return-on-Tangible-Asset of -55.89% 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 Jumpgate AB and its competitors. According to the industry distribution chart, Jumpgate AB ranks #534 out of 568 companies in the Interactive Media industry, placing it in the top 94%.
Is Jumpgate AB's Return-on-Tangible-Asset too high?
Jumpgate AB's current Return-on-Tangible-Asset is -55.89%. Based on the distribution chart, Jumpgate AB ranks #534 out of 568 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Jumpgate AB has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jumpgate AB's Return-on-Tangible-Asset compare to NTES and EA?
According to the Interactive Media industry distribution chart, Jumpgate AB ranks #534 out of 568 companies for Return-on-Tangible-Asset. This places Jumpgate AB in the lower half of its industry. The industry median Return-on-Tangible-Asset is 0.74. 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 an Interactive Media company?
The median Return-on-Tangible-Asset among Interactive Media companies is 0.74, based on 568 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 Jumpgate AB and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Asset is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jumpgate AB's current Return-on-Tangible-Asset is -55.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jumpgate AB stock overvalued right now?
Based on GuruFocus' analysis, Jumpgate AB (NGM:GATE) is currently considered Significantly Overvalued. The stock's GF Value™ is kr1.19, compared to a current price of kr1.95 — trading 63.9% above its estimated fair value. The current Return-on-Tangible-Asset is -55.89%. Jumpgate AB's overall GF Score™ is 42/100 with 7 warning signs to review. 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 Jumpgate AB (NGM:GATE), the current Return-on-Tangible-Asset is -55.89% 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 Jumpgate AB (NGM:GATE) Overvalued in 2026?

Based on GuruFocus' analysis, Jumpgate AB stock appears to be overvalued. The current stock price of kr1.95 is trading 63.9% above its estimated GF Value™ of kr1.19. GuruFocus considers Jumpgate AB to be Significantly Overvalued.

Key valuation signals for NGM:GATE:

  • Return-on-Tangible-Asset: -55.89%
  • GF Value™: kr1.19 vs. price of kr1.95 (63.9% above fair value)
  • GF Score™: 42/100 with 7 warning signs

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


Jumpgate AB Business Description

Address c/o the Lundin Group, Hovslagargatan 5, 3 tr, Stockholm, SWE, 111 48
Jumpgate AB is a gaming-focused holding company comprising four game studios: Nukklear (Hamburg), Tivola Games (Hamburg), gameXcite (Hamburg) and Funatics (Düsseldorf). The company develops, produces, and publishes games and other digital products across multiple distribution platforms. Geographically, the maximum revenue is derived from Europe, and the rest from Sweden, the USA, and Other countries.
42GF Score

Get the complete analysis for NGM:GATE

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr1.95
Price
kr1.19
GF Value