NGS Group ABNGM:NGS 24 Return-on-Tangible-Equity is 35.73% as of Mar. 2026, which is 46% below its 10-year median of 66.45. GuruFocus rates NGM:NGS with a GF Score™ of 24/100. The stock has 5 warning signs investors should review. Among 1,008 Business Services companies, NGS Group AB ranks worse than 98.12% 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. NGS Group AB's annualized net income for the quarter that ended in Mar. 2026 was kr7.9 Mil. NGS Group AB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr22.2 Mil. Therefore, NGS Group AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 35.73%.
The historical rank and industry rank for NGS Group AB's Return-on-Tangible-Equity or its related term are showing as below:
NGM:NGS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1862.77 Med: 66.45 Max: 321.17
Current: -128.31
During the past 13 years, NGS Group AB's highest Return-on-Tangible-Equity was 321.17%. The lowest was -1,862.77%. And the median was 66.45%.
NGM:NGS's Return-on-Tangible-Equity is ranked worse than 98.12% of 1008
companies
in the Business Services industry
Industry Median: 10.565
vs NGM:NGS: -128.31
NGS Group AB (NGM:NGS) 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.
NGS Group AB Return-on-Tangible-Equity Related Terms
NGS Group AB Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for NGS 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.
NGM:NGS vs KFY, RHI, TNET: Return-on-Tangible-Equity Comparison
For the Staffing & Employment Services subindustry, NGS 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.
NGS Group AB Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, NGS Group AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where NGS 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 35.73% mean?
NGS Group AB (NGM:NGS) has a Return-on-Tangible-Equity of 35.73% 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 NGS Group AB and its competitors. This is 46% below median its historical median of 66.45. According to the industry distribution chart, NGS Group AB ranks #989 out of 1008 companies in the Business Services industry, placing it in the top 98.1%.
Is NGS Group AB's Return-on-Tangible-Equity too high?
NGS Group AB's current Return-on-Tangible-Equity of 35.73% is 46% below median its 10-year median of 66.45. The Business Services industry median Return-on-Tangible-Equity is 10.57. NGS Group AB's value of 35.73% is 238.2% above this industry median. Based on the distribution chart, NGS Group AB ranks #989 out of 1008 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, NGS Group AB has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does NGS Group AB's Return-on-Tangible-Equity compare to KFY and RHI?
According to the Business Services industry distribution chart, NGS Group AB ranks #989 out of 1008 companies for Return-on-Tangible-Equity. This places NGS Group AB in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.57. NGS Group AB's value of 35.73% is 238.2% above this benchmark. While the company's 10-year median is 66.45 vs. the industry median of 10.57, NGS Group AB has consistently been above the industry average. 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.57, based on 1,008 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. NGS Group AB's current Return-on-Tangible-Equity of 35.73% is 238.2% 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-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 NGS Group AB and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NGS Group AB's current Return-on-Tangible-Equity is 35.73%, which is 46% below median its own 10-year median of 66.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NGS Group AB stock overvalued right now?
NGS Group AB (NGM:NGS) has a current Return-on-Tangible-Equity of 35.73%. The current Return-on-Tangible-Equity is 35.73%, which is 46% below median its 10-year median of 66.45 and 238.2% above the Business Services industry median of 10.57. NGS Group AB's overall GF Score™ is 24/100 with 5 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 NGS Group AB (NGM:NGS), the current Return-on-Tangible-Equity is 35.73% 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.
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