Safe Lane Gaming AB (NGM:SLG B) Return-on-Tangible-Asset: 15.54% (As of Mar. 2026)

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NGM:SLG B Safe Lane Gaming AB NGM:SLG B
49 GF Score
Price kr1.95
GF Value kr3.52
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Safe Lane Gaming AB Return-on-Tangible-Asset?

Safe Lane Gaming AB NGM:SLG B +3.17% 49 Return-on-Tangible-Asset is 15.54% as of Mar. 2026. GuruFocus rates NGM:SLG B with a GF Score™ of 49/100 and a GF Value™ of kr3.52 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 564 Interactive Media companies, Safe Lane Gaming AB ranks worse than 95.39% 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. Safe Lane Gaming AB's annualized Net Income for the quarter that ended in Mar. 2026 was kr0.34 Mil. Safe Lane Gaming AB's average total tangible assets for the quarter that ended in Mar. 2026 was kr2.21 Mil. Therefore, Safe Lane Gaming AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 15.54%.

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

NGM:SLG B' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1319.34   Med: -245.52   Max: -79.03
Current: -222.69

During the past 13 years, Safe Lane Gaming AB's highest Return-on-Tangible-Asset was -79.03%. The lowest was -1319.34%. And the median was -245.52%.

NGM:SLG B's Return-on-Tangible-Asset is ranked worse than
95.39% of 564 companies
in the Interactive Media industry
Industry Median: 0.765 vs NGM:SLG B: -222.69

Safe Lane Gaming AB  (NGM:SLG B) 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.


Safe Lane Gaming AB Return-on-Tangible-Asset Related Terms


Safe Lane Gaming AB Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Safe Lane Gaming 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.

Safe Lane Gaming AB Return-on-Tangible-Asset Chart

Safe Lane Gaming 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 -125.81 -163.51 -742.14 -1,319.34 -671.35

Safe Lane Gaming 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 -1,281.29 2,472.51 -3,814.13 -8.72 15.54

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

For the Electronic Gaming & Multimedia subindustry, Safe Lane Gaming 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.


Safe Lane Gaming AB Return-on-Tangible-Asset vs Interactive Media Industry

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

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


NGM:SLG B
49GF Score
Safe Lane Gaming AB NGM:SLG B
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Safe Lane Gaming AB Return-on-Tangible-Asset Calculation

Safe Lane Gaming 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 )
=-21.547/( (4.3+2.119)/ 2 )
=-21.547/3.2095
=-671.35 %

Safe Lane Gaming 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 )
=0.344/( (2.119+2.307)/ 2 )
=0.344/2.213
=15.54 %

* 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 15.54% mean?
Safe Lane Gaming AB (NGM:SLG B) has a Return-on-Tangible-Asset of 15.54% 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 Safe Lane Gaming AB and its competitors. According to the industry distribution chart, Safe Lane Gaming AB ranks #538 out of 564 companies in the Interactive Media industry, placing it in the top 95.4%.
Is Safe Lane Gaming AB's Return-on-Tangible-Asset too high?
Safe Lane Gaming AB's current Return-on-Tangible-Asset is 15.54%. The Interactive Media industry median Return-on-Tangible-Asset is 0.77. Safe Lane Gaming AB's value of 15.54% is 1931.4% above this industry median. Based on the distribution chart, Safe Lane Gaming AB ranks #538 out of 564 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Safe Lane Gaming AB has a GF Score™ of 49/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Safe Lane Gaming AB's Return-on-Tangible-Asset compare to NTES and EA?
According to the Interactive Media industry distribution chart, Safe Lane Gaming AB ranks #538 out of 564 companies for Return-on-Tangible-Asset. This places Safe Lane Gaming AB in the lower half of its industry. The industry median Return-on-Tangible-Asset is 0.77. Safe Lane Gaming AB's value of 15.54% is 1931.4% above this benchmark. 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 0.77, based on 564 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. Safe Lane Gaming AB's current Return-on-Tangible-Asset of 15.54% is 1931.4% above 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 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 Safe Lane Gaming AB and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Asset is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safe Lane Gaming AB's current Return-on-Tangible-Asset is 15.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safe Lane Gaming AB stock overvalued right now?
Based on GuruFocus' analysis, Safe Lane Gaming AB (NGM:SLG B) is currently considered Significantly Undervalued. The stock's GF Value™ is kr3.52, compared to a current price of kr1.95 — trading 44.6% below its estimated fair value. The current Return-on-Tangible-Asset is 15.54% and 1931.4% above the Interactive Media industry median of 0.77. Safe Lane Gaming AB's overall GF Score™ is 49/100 with 2 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 Safe Lane Gaming AB (NGM:SLG B), the current Return-on-Tangible-Asset is 15.54% 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 Safe Lane Gaming AB (NGM:SLG B) Overvalued in 2026?

Based on GuruFocus' analysis, Safe Lane Gaming AB stock appears to be undervalued. The current stock price of kr1.95 is trading 44.6% below its estimated GF Value™ of kr3.52. GuruFocus considers Safe Lane Gaming AB to be Significantly Undervalued.

Key valuation signals for NGM:SLG B:

  • Return-on-Tangible-Asset: 15.54%
  • GF Value™: kr3.52 vs. price of kr1.95 (44.6% below fair value)
  • GF Score™: 49/100 with 2 warning signs
  • Industry Position: 1931.4% above the Interactive Media median (#538 of 564)

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


Safe Lane Gaming AB Business Description

Address Birger Jarlsgatan 18A, Stockholm, SWE, 114 34
Safe Lane Gaming AB is an acquisition-intensive company in the gaming industry. The company is engaged in developing and managing games for all platforms.
49GF Score

Get the complete analysis for NGM:SLG B

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

kr1.95
Price
kr3.52
GF Value