iWOW Technology (SGX:NXR) Return-on-Tangible-Equity: -24.30% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SGX:NXR iWOW Technology Ltd SGX:NXR
51 GF Score
Price S$0.29
GF Value S$0.32
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is iWOW Technology Return-on-Tangible-Equity?

iWOW Technology SGX:NXR +5.56% 51 Return-on-Tangible-Equity is -24.30% as of Mar. 2026. GuruFocus rates SGX:NXR with a GF Score™ of 51/100 and a GF Value™ of S$0.32 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,485 Software companies, iWOW Technology ranks worse than 76.18% 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. iWOW Technology's annualized net income for the quarter that ended in Mar. 2026 was S$-4.35 Mil. iWOW Technology's average shareholder tangible equity for the quarter that ended in Mar. 2026 was S$17.91 Mil. Therefore, iWOW Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -24.30%.

The historical rank and industry rank for iWOW Technology's Return-on-Tangible-Equity or its related term are showing as below:

SGX:NXR' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.37   Med: 24.93   Max: 234.24
Current: -9.47

During the past 8 years, iWOW Technology's highest Return-on-Tangible-Equity was 234.24%. The lowest was -11.37%. And the median was 24.93%.

SGX:NXR's Return-on-Tangible-Equity is ranked worse than
76.18% of 2485 companies
in the Software industry
Industry Median: 9.79 vs SGX:NXR: -9.47

iWOW Technology  (SGX:NXR) 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.


iWOW Technology Return-on-Tangible-Equity Related Terms


iWOW Technology Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for iWOW Technology'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.

iWOW Technology Return-on-Tangible-Equity Chart

iWOW Technology Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial 81.01 34.03 15.83 -11.37 -10.23

iWOW Technology Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.78 1.43 -24.26 7.55 -24.30

SGX:NXR vs QH, SHOP, UBER: Return-on-Tangible-Equity Comparison

For the Software - Application subindustry, iWOW Technology'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.


iWOW Technology Return-on-Tangible-Equity vs Software Industry

For the Software industry and Technology sector, iWOW Technology's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where iWOW Technology's Return-on-Tangible-Equity falls into.


SGX:NXR
51GF Score
iWOW Technology Ltd SGX:NXR
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

iWOW Technology Return-on-Tangible-Equity Calculation

iWOW Technology's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=-1.795/( (14.897+20.193 )/ 2 )
=-1.795/17.545
=-10.23 %

iWOW Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=-4.354/( (15.636+20.193)/ 2 )
=-4.354/17.9145
=-24.30 %

* 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 -24.30% mean?
iWOW Technology (SGX:NXR) has a Return-on-Tangible-Equity of -24.30% 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 iWOW Technology and its competitors. According to the industry distribution chart, iWOW Technology ranks #1893 out of 2485 companies in the Software industry, placing it in the top 76.2%.
Is iWOW Technology's Return-on-Tangible-Equity too high?
iWOW Technology's current Return-on-Tangible-Equity is -24.30%. Based on the distribution chart, iWOW Technology ranks #1893 out of 2485 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, iWOW Technology has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does iWOW Technology's Return-on-Tangible-Equity compare to QH and SHOP?
According to the Software industry distribution chart, iWOW Technology ranks #1893 out of 2485 companies for Return-on-Tangible-Equity. This places iWOW Technology in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.79. 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 9.79, based on 2,485 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 iWOW Technology and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 9.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iWOW Technology's current Return-on-Tangible-Equity is -24.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iWOW Technology stock overvalued right now?
Based on GuruFocus' analysis, iWOW Technology (SGX:NXR) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.32, compared to a current price of S$0.29 — trading 10.9% below its estimated fair value. The current Return-on-Tangible-Equity is -24.30%. iWOW Technology's overall GF Score™ is 51/100 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 iWOW Technology (SGX:NXR), the current Return-on-Tangible-Equity is -24.30% 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 iWOW Technology (SGX:NXR) Overvalued in 2026?

Based on GuruFocus' analysis, iWOW Technology stock appears to be undervalued. The current stock price of S$0.29 is trading 10.9% below its estimated GF Value™ of S$0.32. GuruFocus considers iWOW Technology to be Modestly Undervalued.

Key valuation signals for SGX:NXR:

  • Return-on-Tangible-Equity: -24.30%
  • GF Value™: S$0.32 vs. price of S$0.29 (10.9% below fair value)
  • GF Score™: 51/100 with 3 warning signs

No single metric tells the full story. See the SGX:NXR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


iWOW Technology Business Description

Address Block 1004, Toa Payoh North No. 02-17, Singapore, SGP, 318995
iWOW Technology Ltd is a technology provider specializing in integrated wireless IOT solutions offered as a service. It combines custom-designed hardware with cloud-based software to create end-to-end IoT solutions that help clients to digitalize businesses. It offers IoT solutions in Smart Metering, Smart Tracking, and Smart City Applications. The company operates in geographical segments such as Singapore, Malaysia, Others.
51GF Score

Get the complete analysis for SGX:NXR

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$0.29
Price
S$0.32
GF Value