Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Nord Insuretech Group AB's annualized net income for the quarter that ended in Dec. 2025 was kr-43.50 Mil. Nord Insuretech Group AB's average shareholder tangible equity for the quarter that ended in Dec. 2025 was kr-10.35 Mil. Therefore, Nord Insuretech Group AB's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was N/A%.
The historical rank and industry rank for Nord Insuretech Group AB's Return-on-Tangible-Equity or its related term are showing as below:
NGM:NORDIG's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 8.92 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Nord Insuretech Group AB (NGM:NORDIG) 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.
Nord Insuretech Group AB Return-on-Tangible-Equity Related Terms
Nord Insuretech Group AB Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Nord Insuretech 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.
Nord Insuretech Group AB Return-on-Tangible-Equity Chart
NGM:NORDIG vs QH, SHOP, UBER: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, Nord Insuretech 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.
Nord Insuretech Group AB Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Nord Insuretech Group AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nord Insuretech 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 two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 0.00% mean?
Nord Insuretech Group AB (NGM:NORDIG) has a Return-on-Tangible-Equity of 0.00% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Nord Insuretech Group AB and its competitors. According to the industry distribution chart, Nord Insuretech Group AB ranks #999999 out of 2482 companies in the Software industry.
Is Nord Insuretech Group AB's Return-on-Tangible-Equity too high?
Nord Insuretech Group AB's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, Nord Insuretech Group AB ranks #999999 out of 2482 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Nord Insuretech Group AB has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Nord Insuretech Group AB's Return-on-Tangible-Equity compare to QH and SHOP?
According to the Software industry distribution chart, Nord Insuretech Group AB ranks #999999 out of 2482 companies for Return-on-Tangible-Equity. This places Nord Insuretech Group AB in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.92. 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 8.92, based on 2,482 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 Nord Insuretech Group AB and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nord Insuretech Group AB's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nord Insuretech Group AB stock overvalued right now?
Nord Insuretech Group AB (NGM:NORDIG) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. Nord Insuretech Group AB's overall GF Score™ is 19/100 with 8 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 Nord Insuretech Group AB (NGM:NORDIG), the current Return-on-Tangible-Equity is 0.00% as of Dec. 2025. 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.
Nord Insuretech Group AB is a operator of digital platform. It delivers next-generation integrated insurance in the Nordic region. The company distributes its services through partners who can then sell various insurance products to end customers through the company's digital platform.
19GF Score
Get the complete analysis for NGM:NORDIG
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
NGM:NORDIG has been successfully added to your 
