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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.
Accordant GroupNZSE:AGL 33 Return-on-Tangible-Equity is 0.00% as of Mar. 2026. GuruFocus rates NZSE:AGL with a GF Score™ of 33/100 and a GF Value™ of NZ$0.38 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,010 Business Services companies, Accordant Group ranks worse than 99009.8% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Accordant Group's annualized net income for the quarter that ended in Mar. 2026 was NZ$-2.0 Mil. Accordant Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was NZ$-26.5 Mil. Therefore, Accordant Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was N/A%.
The historical rank and industry rank for Accordant Group's Return-on-Tangible-Equity or its related term are showing as below:
NZSE:AGL's Return-on-Tangible-Equity is not ranked *
in the Business Services industry.
Industry Median: 10.995 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Accordant Group (NZSE:AGL) 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.
Accordant Group Return-on-Tangible-Equity Related Terms
Accordant Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Accordant Group'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.
NZSE:AGL vs KFY, RHI, TNET: Return-on-Tangible-Equity Comparison
For the Staffing & Employment Services subindustry, Accordant Group'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.
Accordant Group Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Accordant Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Accordant Group'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 (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 0.00% mean?
Accordant Group (NZSE:AGL) has a Return-on-Tangible-Equity of 0.00% 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 Accordant Group and its competitors. According to the industry distribution chart, Accordant Group ranks #999999 out of 1010 companies in the Business Services industry.
Is Accordant Group's Return-on-Tangible-Equity too high?
Accordant Group's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, Accordant Group ranks #999999 out of 1010 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Accordant Group has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Accordant Group's Return-on-Tangible-Equity compare to KFY and RHI?
According to the Business Services industry distribution chart, Accordant Group ranks #999999 out of 1010 companies for Return-on-Tangible-Equity. This places Accordant Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.00. 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 11.00, based on 1,010 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 Accordant Group and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 11.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accordant Group'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 Accordant Group stock overvalued right now?
Based on GuruFocus' analysis, Accordant Group (NZSE:AGL) is currently considered Possible Value Trap. The stock's GF Value™ is NZ$0.38, compared to a current price of NZ$0.18 — trading 53.9% below its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. Accordant Group's overall GF Score™ is 33/100 with 7 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 Accordant Group (NZSE:AGL), the current Return-on-Tangible-Equity is 0.00% 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 Accordant Group (NZSE:AGL) Overvalued in 2026?
Based on GuruFocus' analysis, Accordant Group stock appears to be undervalued.
The current stock price of NZ$0.18 is trading 53.9% below its estimated GF Value™ of NZ$0.38.
GuruFocus considers Accordant Group to be Possible Value Trap.
Key valuation signals for NZSE:AGL:
Return-on-Tangible-Equity: 0.00%
GF Value™: NZ$0.38 vs. price of NZ$0.18 (53.9% below fair value)
No single metric tells the full story. See the NZSE:AGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Accordant Group Ltd is a recruitment and staffing provider company. The group has two reportable segments: Blue Collar Reporting Segment and White Collar Reporting Segment. Blue Collar Reporting Segment: AWF operates branches under the brand names AWF (throughout New Zealand)and Select (Dunedin), which provide contingent labour hire associated with infrastructure, logistics, manufacturing, technical, and construction. The Work Collective (TWC)provides opportunities for those who face barriers to employment. White Collar Reporting Segment: The White Collar segment provides contingent temporary employees, contractors, permanent placement, and executive search services.
33GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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