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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. Safe Lane Gaming AB's annualized net income for the quarter that ended in Mar. 2026 was kr0.34 Mil. Safe Lane Gaming AB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr0.50 Mil. Therefore, Safe Lane Gaming AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 69.49%.
The historical rank and industry rank for Safe Lane Gaming AB's Return-on-Tangible-Equity or its related term are showing as below:
NGM:SLG B's Return-on-Tangible-Equity is not ranked *
in the Interactive Media industry.
Industry Median: 5.865 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Safe Lane Gaming AB (NGM:SLG B) 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.
Safe Lane Gaming AB Return-on-Tangible-Equity Related Terms
Safe Lane Gaming AB Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Safe Lane Gaming 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.
Safe Lane Gaming AB Return-on-Tangible-Equity Chart
NGM:SLG B vs NTES, EA, TTWO: Return-on-Tangible-Equity Comparison
For the Electronic Gaming & Multimedia subindustry, Safe Lane Gaming 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.
Safe Lane Gaming AB Return-on-Tangible-Equity vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Safe Lane Gaming AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Safe Lane Gaming 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 69.49% mean?
Safe Lane Gaming AB (NGM:SLG B) has a Return-on-Tangible-Equity of 69.49% 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 Safe Lane Gaming AB and its competitors. According to the industry distribution chart, Safe Lane Gaming AB ranks #999999 out of 484 companies in the Interactive Media industry.
Is Safe Lane Gaming AB's Return-on-Tangible-Equity too high?
Safe Lane Gaming AB's current Return-on-Tangible-Equity is 69.49%. The Interactive Media industry median Return-on-Tangible-Equity is 5.87. Safe Lane Gaming AB's value of 69.49% is 1084.8% above this industry median. Based on the distribution chart, Safe Lane Gaming AB ranks #999999 out of 484 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Safe Lane Gaming AB has a GF Score™ of 49/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Safe Lane Gaming AB's Return-on-Tangible-Equity compare to NTES and EA?
According to the Interactive Media industry distribution chart, Safe Lane Gaming AB ranks #999999 out of 484 companies for Return-on-Tangible-Equity. This places Safe Lane Gaming AB in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.87. Safe Lane Gaming AB's value of 69.49% is 1084.8% above this benchmark. 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 Interactive Media company?
The median Return-on-Tangible-Equity among Interactive Media companies is 5.87, based on 484 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. Safe Lane Gaming AB's current Return-on-Tangible-Equity of 69.49% is 1084.8% 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 Safe Lane Gaming AB and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Equity is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safe Lane Gaming AB's current Return-on-Tangible-Equity is 69.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safe Lane Gaming AB stock overvalued right now?
Based on GuruFocus' analysis, Safe Lane Gaming AB (NGM:SLG B) is currently considered Significantly Undervalued. The stock's GF Value™ is kr3.51, compared to a current price of kr1.95 — trading 44.4% below its estimated fair value. The current Return-on-Tangible-Equity is 69.49% and 1084.8% above the Interactive Media industry median of 5.87. Safe Lane Gaming AB's overall GF Score™ is 49/100 with 2 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 Safe Lane Gaming AB (NGM:SLG B), the current Return-on-Tangible-Equity is 69.49% 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 Safe Lane Gaming AB (NGM:SLG B) Overvalued in 2026?
Based on GuruFocus' analysis, Safe Lane Gaming AB stock appears to be undervalued.
The current stock price of kr1.95 is trading 44.4% below its estimated GF Value™ of kr3.51.
GuruFocus considers Safe Lane Gaming AB to be Significantly Undervalued.
Key valuation signals for NGM:SLG B:
Return-on-Tangible-Equity: 69.49%
GF Value™: kr3.51 vs. price of kr1.95 (44.4% below fair value)
Industry Position: 1084.8% above the Interactive Media median (#999999 of 484)
No single metric tells the full story. See the NGM:SLG B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Safe Lane Gaming AB is an acquisition-intensive company in the gaming industry. The company is engaged in developing and managing games for all platforms.
49GF Score
Get the complete analysis for NGM:SLG B
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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