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.
Neovici Holding AB (publ) CoOSTO:NEO B +0.28%10 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates OSTO:NEO B with a GF Score™ of 10/100. The stock has 5 warning signs investors should review. Among 2,483 Software companies, Neovici Holding AB (publ) Co ranks better than 99.96% 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. Neovici Holding AB (publ) Co's annualized net income for the quarter that ended in Mar. 2026 was kr3.6 Mil. Neovici Holding AB (publ) Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr-42.5 Mil. Therefore, Neovici Holding AB (publ) Co'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 Neovici Holding AB (publ) Co's Return-on-Tangible-Equity or its related term are showing as below:
OSTO:NEO B'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -368.64 Med: -219.1 Max: -69.55
Current: Negative Tangible Equity
During the past 4 years, Neovici Holding AB (publ) Co's highest Return-on-Tangible-Equity was -69.55%. The lowest was -368.64%. And the median was -219.10%.
OSTO:NEO B's Return-on-Tangible-Equity is ranked better than 99.96% of 2483
companies
in the Software industry
Industry Median: 9.65
vs OSTO:NEO B: Negative Tangible Equity
Neovici Holding AB (publ) Co (OSTO:NEO 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.
Neovici Holding AB (publ) Co Return-on-Tangible-Equity Related Terms
Neovici Holding AB (publ) Co Return-on-Tangible-Equity Historical Data
* 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.
Neovici Holding AB (publ) Co Return-on-Tangible-Equity Chart
OSTO:NEO B vs QH, SHOP, UBER: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, Neovici Holding AB (publ) Co'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.
Neovici Holding AB (publ) Co Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Neovici Holding AB (publ) Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Neovici Holding AB (publ) Co'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?
Neovici Holding AB (publ) Co (OSTO:NEO B) 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 Neovici Holding AB (publ) Co and its competitors. According to the industry distribution chart, Neovici Holding AB (publ) Co ranks #1 out of 2483 companies in the Software industry, placing it in the top 0%.
Is Neovici Holding AB (publ) Co's Return-on-Tangible-Equity too high?
Neovici Holding AB (publ) Co's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, Neovici Holding AB (publ) Co ranks #1 out of 2483 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Neovici Holding AB (publ) Co has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Neovici Holding AB (publ) Co's Return-on-Tangible-Equity compare to QH and SHOP?
According to the Software industry distribution chart, Neovici Holding AB (publ) Co ranks #1 out of 2483 companies for Return-on-Tangible-Equity. This places Neovici Holding AB (publ) Co in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 9.65. 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 9.65, based on 2,483 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 Neovici Holding AB (publ) Co and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 9.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neovici Holding AB (publ) Co'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 Neovici Holding AB (publ) Co stock overvalued right now?
Neovici Holding AB (publ) Co (OSTO:NEO B) has a current Return-on-Tangible-Equity of Negative Tangible Equity%. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Neovici Holding AB (publ) Co's overall GF Score™ is 10/100 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 Neovici Holding AB (publ) Co (OSTO:NEO B), 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.
Neovici Holding AB (publ) Co is engaged in providing automated financial services through a SaaS model (Software-as-a-Service). It develop, sell and implement a cloud-based platform for financial automation. The company operates in the Nordic region and in Latin America.
10GF Score
Get the complete analysis for OSTO:NEO B
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
OSTO:NEO B has been successfully added to your 
