Next Technology Holding (FRA:ZP9) Return-on-Tangible-Equity: -88.15% (As of Mar. 2026)


FRA:ZP9 Next Technology Holding Inc FRA:ZP9
29 GF Score
Price €0.98
GF Value €6.43
Valuation Possible Value Trap
! 1 Warning Sign
View Full Analysis

What is Next Technology Holding Return-on-Tangible-Equity?

Next Technology Holding FRA:ZP9 -2.50% 29 Return-on-Tangible-Equity is -88.15% as of Mar. 2026. GuruFocus rates FRA:ZP9 with a GF Score™ of 29/100 and a GF Value™ of €6.43 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 2,470 Software companies, Next Technology Holding ranks worse than 83.28% on this metric.

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. Next Technology Holding's annualized net income for the quarter that ended in Mar. 2026 was €-366.25 Mil. Next Technology Holding's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €415.48 Mil. Therefore, Next Technology Holding's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -88.15%.

The historical rank and industry rank for Next Technology Holding's Return-on-Tangible-Equity or its related term are showing as below:

FRA:ZP9' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -32.6   Med: 36.66   Max: 53.3
Current: -31.2

During the past 7 years, Next Technology Holding's highest Return-on-Tangible-Equity was 53.30%. The lowest was -32.60%. And the median was 36.66%.

FRA:ZP9's Return-on-Tangible-Equity is ranked worse than
83.28% of 2470 companies
in the Software industry
Industry Median: 8.775 vs FRA:ZP9: -31.20

Next Technology Holding  (FRA:ZP9) 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.


Next Technology Holding Return-on-Tangible-Equity Related Terms


Next Technology Holding Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Next Technology Holding'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.

Next Technology Holding Return-on-Tangible-Equity Chart

Next Technology Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 45.59 -33.13 -22.65 34.60 52.36

Next Technology Holding 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-Equity 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 306.26 95.94 -12.02 -118.10 -88.15

FRA:ZP9 vs IDN, FRMM, ILLR: Return-on-Tangible-Equity Comparison

For the Software - Application subindustry, Next Technology Holding'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.


Next Technology Holding Return-on-Tangible-Equity vs Software Industry

For the Software industry and Technology sector, Next Technology Holding's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Next Technology Holding's Return-on-Tangible-Equity falls into.


FRA:ZP9
29GF Score
Next Technology Holding Inc FRA:ZP9
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Next Technology Holding Return-on-Tangible-Equity Calculation

Next Technology Holding's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=122.263/( (77.955+389.064 )/ 2 )
=122.263/233.5095
=52.36 %

Next Technology Holding's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-366.248/( (389.064+441.887)/ 2 )
=-366.248/415.4755
=-88.15 %

* 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 -88.15% mean?
Next Technology Holding (FRA:ZP9) has a Return-on-Tangible-Equity of -88.15% 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 Next Technology Holding and its competitors. According to the industry distribution chart, Next Technology Holding ranks #2057 out of 2470 companies in the Software industry, placing it in the top 83.3%.
Is Next Technology Holding's Return-on-Tangible-Equity too high?
Next Technology Holding's current Return-on-Tangible-Equity is -88.15%. Based on the distribution chart, Next Technology Holding ranks #2057 out of 2470 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Next Technology Holding has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Next Technology Holding's Return-on-Tangible-Equity compare to IDN and FRMM?
According to the Software industry distribution chart, Next Technology Holding ranks #2057 out of 2470 companies for Return-on-Tangible-Equity. This places Next Technology Holding in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.78. 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 8.78, based on 2,470 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 Next Technology Holding and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Next Technology Holding's current Return-on-Tangible-Equity is -88.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next Technology Holding stock overvalued right now?
Based on GuruFocus' analysis, Next Technology Holding (FRA:ZP9) is currently considered Possible Value Trap. The stock's GF Value™ is €6.43, compared to a current price of €0.98 — trading 84.8% below its estimated fair value. The current Return-on-Tangible-Equity is -88.15%. Next Technology Holding's overall GF Score™ is 29/100 with 1 warning sign 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 Next Technology Holding (FRA:ZP9), the current Return-on-Tangible-Equity is -88.15% 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 Next Technology Holding (FRA:ZP9) Overvalued in 2026?

Based on GuruFocus' analysis, Next Technology Holding stock appears to be undervalued. The current stock price of €0.98 is trading 84.8% below its estimated GF Value™ of €6.43. GuruFocus considers Next Technology Holding to be Possible Value Trap.

Key valuation signals for FRA:ZP9:

  • Return-on-Tangible-Equity: -88.15%
  • GF Value™: €6.43 vs. price of €0.98 (84.8% below fair value)
  • GF Score™: 29/100 with 1 warning sign

No single metric tells the full story. See the FRA:ZP9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Next Technology Holding Business Description

Other Exchanges NXTT:USA
Address Grandage 3, Takebashi 408, 1376-7 OBA, Ssaitama Prefecture, Kasukabe, JPN, 344-0021
Next Technology Holding Inc provides software development services. It provides artificial intelligence (AI) enabled software development services to customers in Hong Kong, Singapore, Malaysia, Japan, and other Asian countries, which include developing, designing, and implementing various Software-as-a-Service (SaaS) software solutions for businesses of all types, including industrials and other businesses. Its designs, develops and deploys software platforms that integrate cloud computing, data analytics and AI-driven algorithms to support enterprises across diverse industries. Its products include Smart Cloud Collaboration Platform, AI-Enabled Data Analytics and Decision Support, Fully Automated Workflow, Comprehensive Security and Compliance Assurance, among others.
29GF Score

Get the complete analysis for FRA:ZP9

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

€0.98
Price
€6.43
GF Value