Provide IT Sweden ABXSAT:PROVIT 67 Return-on-Tangible-Equity is 16.37% as of Mar. 2026, which is 62% above its 10-year median of 10.13. GuruFocus rates XSAT:PROVIT with a GF Score™ of 67/100 and a GF Value™ of kr1.21 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,476 Software companies, Provide IT Sweden AB ranks worse than 90.51% 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. Provide IT Sweden AB's annualized net income for the quarter that ended in Mar. 2026 was kr0.30 Mil. Provide IT Sweden AB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr1.83 Mil. Therefore, Provide IT Sweden AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.37%.
The historical rank and industry rank for Provide IT Sweden AB's Return-on-Tangible-Equity or its related term are showing as below:
XSAT:PROVIT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -83.53 Med: 10.13 Max: 24.44
Current: -83.53
During the past 11 years, Provide IT Sweden AB's highest Return-on-Tangible-Equity was 24.44%. The lowest was -83.53%. And the median was 10.13%.
XSAT:PROVIT's Return-on-Tangible-Equity is ranked worse than 90.51% of 2476
companies
in the Software industry
Industry Median: 8.82
vs XSAT:PROVIT: -83.53
Provide IT Sweden AB (XSAT:PROVIT) 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.
Provide IT Sweden AB Return-on-Tangible-Equity Related Terms
Provide IT Sweden AB Return-on-Tangible-Equity Historical Data
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The historical data trend for Provide IT Sweden 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.
Provide IT Sweden AB Return-on-Tangible-Equity Chart
XSAT:PROVIT vs UBER, SHOP, CRM: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, Provide IT Sweden 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.
Provide IT Sweden AB Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Provide IT Sweden AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Provide IT Sweden 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 16.37% mean?
Provide IT Sweden AB (XSAT:PROVIT) has a Return-on-Tangible-Equity of 16.37% 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 Provide IT Sweden AB and its competitors. This is 62% above median its historical median of 10.13. According to the industry distribution chart, Provide IT Sweden AB ranks #2241 out of 2476 companies in the Software industry, placing it in the top 90.5%.
Is Provide IT Sweden AB's Return-on-Tangible-Equity too high?
Provide IT Sweden AB's current Return-on-Tangible-Equity of 16.37% is 62% above median its 10-year median of 10.13. The Software industry median Return-on-Tangible-Equity is 8.82. Provide IT Sweden AB's value of 16.37% is 85.6% above this industry median. Based on the distribution chart, Provide IT Sweden AB ranks #2241 out of 2476 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Provide IT Sweden AB has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Provide IT Sweden AB's Return-on-Tangible-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, Provide IT Sweden AB ranks #2241 out of 2476 companies for Return-on-Tangible-Equity. This places Provide IT Sweden AB in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.82. Provide IT Sweden AB's value of 16.37% is 85.6% above this benchmark. While the company's 10-year median is 10.13 vs. the industry median of 8.82, Provide IT Sweden AB has consistently been above the industry average. 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 8.82, based on 2,476 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. Provide IT Sweden AB's current Return-on-Tangible-Equity of 16.37% is 85.6% 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 Provide IT Sweden AB and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Provide IT Sweden AB's current Return-on-Tangible-Equity is 16.37%, which is 62% above median its own 10-year median of 10.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Provide IT Sweden AB stock overvalued right now?
Based on GuruFocus' analysis, Provide IT Sweden AB (XSAT:PROVIT) is currently considered Possible Value Trap. The stock's GF Value™ is kr1.21, compared to a current price of kr0.61 — trading 50% below its estimated fair value. The current Return-on-Tangible-Equity is 16.37%, which is 62% above median its 10-year median of 10.13 and 85.6% above the Software industry median of 8.82. Provide IT Sweden AB's overall GF Score™ is 67/100 with 4 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 Provide IT Sweden AB (XSAT:PROVIT), the current Return-on-Tangible-Equity is 16.37% 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 Provide IT Sweden AB (XSAT:PROVIT) Overvalued in 2026?
Based on GuruFocus' analysis, Provide IT Sweden AB stock appears to be undervalued.
The current stock price of kr0.61 is trading 50% below its estimated GF Value™ of kr1.21.
GuruFocus considers Provide IT Sweden AB to be Possible Value Trap.
Key valuation signals for XSAT:PROVIT:
Return-on-Tangible-Equity: 16.37% (62% above median its 10-year median of 10.13)
GF Value™: kr1.21 vs. price of kr0.61 (50% below fair value)
Industry Position: 85.6% above the Software median (#2241 of 2476)
No single metric tells the full story. See the XSAT:PROVIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Provide IT Sweden AB is a digital production company. The company is engaged in the development of web and mobile applications. It provides websites, applications, portals, and e-commerce to national and foreign companies.
67GF Score
Get the complete analysis for XSAT:PROVIT
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