Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. mySafety Group AB's annualized net income for the quarter that ended in Mar. 2026 was kr32.1 Mil. mySafety Group AB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr-20.4 Mil. Therefore, mySafety Group AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for mySafety Group AB's Return-on-Tangible-Equity or its related term are showing as below:
CHIX:SAFETs'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -166.18 Med: -33.3 Max: 21.06
Current: Negative Tangible Equity
During the past 13 years, mySafety Group AB's highest Return-on-Tangible-Equity was 21.06%. The lowest was -166.18%. And the median was -33.30%.
CHIX:SAFETs's Return-on-Tangible-Equity is ranked better than 99.92% of 2468
companies
in the Software industry
Industry Median: 8.605
vs CHIX:SAFETs: Negative Tangible Equity
mySafety Group AB (CHIX:SAFETs) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
mySafety Group AB Return-on-Tangible-Equity Related Terms
mySafety Group AB Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for mySafety Group AB's Return-on-Tangible-Equity 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.
CHIX:SAFETS vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, mySafety Group AB's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
mySafety Group AB Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, mySafety Group AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where mySafety Group AB's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
mySafety Group AB (CHIX:SAFETS) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on mySafety Group AB and its competitors. According to the industry distribution chart, mySafety Group AB ranks #2 out of 2468 companies in the Software industry, placing it in the top 0.099999999999994%.
Is mySafety Group AB's Return-on-Tangible-Equity too high?
mySafety Group AB's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, mySafety Group AB ranks #2 out of 2468 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, mySafety Group AB has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does mySafety Group AB's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, mySafety Group AB ranks #2 out of 2468 companies for Return-on-Tangible-Equity. This places mySafety Group AB in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.61. 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-Equity for a Software company?
The median Return-on-Tangible-Equity among Software companies is 8.61, based on 2,468 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on mySafety Group AB and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. mySafety Group AB's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is mySafety Group AB stock overvalued right now?
mySafety Group AB (CHIX:SAFETS) has a current Return-on-Tangible-Equity of Negative Tangible Equity%. The stock's GF Value™ is kr4.73, compared to a current price of kr9.25 — trading 95.6% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. mySafety Group AB's overall GF Score™ is 59/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For mySafety Group AB (CHIX:SAFETS), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 mySafety Group AB (CHIX:SAFETS) Overvalued in 2026?
Based on GuruFocus' analysis, mySafety Group AB stock appears to be overvalued.
The current stock price of kr9.25 is trading 95.6% above its estimated GF Value™ of kr4.73.
No single metric tells the full story. See the CHIX:SAFETS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
mySafety Group AB is an IT consulting company in Sweden. Its main focus on digital transformation within both Business to Business nd Business to consumer. It is engaged in providing systems development, project management, testing and service desk services to the banking, insurance, transportation, and the public sector industries.
59GF Score
Get the complete analysis for CHIX:SAFETS
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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