Momentum Group ABMMGRF 65 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates MMGRF with a GF Score™ of 65/100 and a GF Value™ of $22.20 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 153 Industrial Distribution companies, Momentum Group AB ranks better than 99.35% 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. Momentum Group AB's annualized net income for the quarter that ended in Mar. 2026 was $15.9 Mil. Momentum Group AB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $-19.7 Mil. Therefore, Momentum 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 Momentum Group AB's Return-on-Tangible-Equity or its related term are showing as below:
MMGRF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 90.63 Med: 94.81 Max: 326.67
Current: Negative Tangible Equity
During the past 8 years, Momentum Group AB's highest Return-on-Tangible-Equity was 326.67%. The lowest was 90.63%. And the median was 94.81%.
MMGRF's Return-on-Tangible-Equity is ranked better than 99.35% of 153
companies
in the Industrial Distribution industry
Industry Median: 8.96
vs MMGRF: Negative Tangible Equity
Momentum Group AB (OTCPK:MMGRF) 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.
Momentum Group AB Return-on-Tangible-Equity Related Terms
Momentum Group AB Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Momentum 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.
MMGRF vs GWW, FAST, FERG: Return-on-Tangible-Equity Comparison
For the Industrial Distribution subindustry, Momentum 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.
Momentum Group AB Return-on-Tangible-Equity vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Momentum Group AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Momentum 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?
Momentum Group AB (MMGRF) 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 Momentum Group AB and its competitors. Over the past decade, Momentum Group AB's Return-on-Tangible-Equity has ranged from 90.63 to 326.67. According to the industry distribution chart, Momentum Group AB ranks #1 out of 153 companies in the Industrial Distribution industry, placing it in the top 0.7%.
Is Momentum Group AB's Return-on-Tangible-Equity too high?
Momentum Group AB's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 90.63 to a high of 326.67. Based on the distribution chart, Momentum Group AB ranks #1 out of 153 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Momentum Group AB has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Momentum Group AB's Return-on-Tangible-Equity compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Momentum Group AB ranks #1 out of 153 companies for Return-on-Tangible-Equity. This places Momentum Group AB in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.96. Historically, Momentum Group AB's own Return-on-Tangible-Equity has ranged from 90.63 to 326.67 over the past decade. 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 an Industrial Distribution company?
The median Return-on-Tangible-Equity among Industrial Distribution companies is 8.96, based on 153 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 Momentum Group AB and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Equity is 8.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Momentum 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 Momentum Group AB stock overvalued right now?
Based on GuruFocus' analysis, Momentum Group AB (MMGRF) is currently considered Significantly Undervalued. The stock's GF Value™ is $22.20, compared to a current price of $11.69 — trading 47.3% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Momentum Group AB's overall GF Score™ is 65/100 with 3 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 Momentum Group AB (MMGRF), 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 Momentum Group AB (MMGRF) Overvalued in 2026?
Based on GuruFocus' analysis, Momentum Group AB stock appears to be undervalued.
The current stock price of $11.69 is trading 47.3% below its estimated GF Value™ of $22.20.
GuruFocus considers Momentum Group AB to be Significantly Undervalued.
No single metric tells the full story. See the MMGRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Momentum Group AB operates, develops, and acquires successful sustainable companies in the Nordic region through active ownership with decentralized profit and business responsibility. The group consists of some companies that together constitute one of the Nordic region's key suppliers of industrial components, industrial services, and other related services in the industrial sector. The Group's operating segments comprise the business areas Industry and Infrastructure. Industry consists of businesses that offer components and related services to aftermarket customers and OEMs in the industrial sector in the Nordic region. Infrastructure consists of businesses offering products, services and solutions to customers in industrial infrastructure that are critical to a functioning society.
65GF Score
Get the complete analysis for MMGRF
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MMGRF has been successfully added to your 
