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. Netcompany Group AS's annualized net income for the quarter that ended in Mar. 2026 was kr575 Mil. Netcompany Group AS's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr-1,217 Mil. Therefore, Netcompany Group AS'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 Netcompany Group AS's Return-on-Tangible-Equity or its related term are showing as below:
OCSE:NETC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0
Current: Negative Tangible Equity
OCSE:NETC's Return-on-Tangible-Equity is ranked better than 99.92% of 2473
companies
in the Software industry
Industry Median: 8.79
vs OCSE:NETC: Negative Tangible Equity
Netcompany Group AS (OCSE:NETC) 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.
Netcompany Group AS Return-on-Tangible-Equity Related Terms
Netcompany Group AS Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Netcompany Group AS'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.
Netcompany Group AS Return-on-Tangible-Equity Chart
OCSE:NETC vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, Netcompany Group AS'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.
Netcompany Group AS Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Netcompany Group AS's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Netcompany Group AS'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?
Netcompany Group AS (OCSE:NETC) 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 Netcompany Group AS and its competitors. According to the industry distribution chart, Netcompany Group AS ranks #2 out of 2473 companies in the Software industry, placing it in the top 0.099999999999994%.
Is Netcompany Group AS's Return-on-Tangible-Equity too high?
Netcompany Group AS's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, Netcompany Group AS ranks #2 out of 2473 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Netcompany Group AS has a GF Score™ of 99/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Netcompany Group AS's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Netcompany Group AS ranks #2 out of 2473 companies for Return-on-Tangible-Equity. This places Netcompany Group AS in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.79. 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 8.79, based on 2,473 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 Netcompany Group AS and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netcompany Group AS'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 Netcompany Group AS stock overvalued right now?
Based on GuruFocus' analysis, Netcompany Group AS (OCSE:NETC) is currently considered Significantly Undervalued. The stock's GF Value™ is kr423.50, compared to a current price of kr297.00 — trading 29.9% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Netcompany Group AS's overall GF Score™ is 99/100 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 Netcompany Group AS (OCSE:NETC), 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 Netcompany Group AS (OCSE:NETC) Overvalued in 2026?
Based on GuruFocus' analysis, Netcompany Group AS stock appears to be undervalued.
The current stock price of kr297.00 is trading 29.9% below its estimated GF Value™ of kr423.50.
GuruFocus considers Netcompany Group AS to be Significantly Undervalued.
No single metric tells the full story. See the OCSE:NETC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Netcompany Group AS is an information technology services company. The company is engaged in delivering business-critical IT solutions to large Public and Private sector customers and supporting them in their digital transformation journeys. Its offerings include software solutions and digital platforms such as Pulse, Easley AI and Solon Tax among others. The company's business segments are Denmark, SEE & EUI, the United Kingdom, Norway, the Netherlands and Banking Services. It generates the majority of revenue from the Denmark segment.
99GF Score
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