TagMaster AB (FRA:2I40) ROA %: 6.96% (As of Jun. 2026) — 175% Above Median

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.

FRA:2I40 TagMaster AB FRA:2I40
89 GF Score
Price €2.74
GF Value €3.29
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is TagMaster AB ROA %?

TagMaster AB FRA:2I40 -3.18% 89 ROA % is 6.96% as of Jun. 2026, which is 175% above its 10-year median of 2.53. GuruFocus rates FRA:2I40 with a GF Score™ of 89/100 and a GF Value™ of €3.29 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,499 Hardware companies, TagMaster AB ranks better than 77.15% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. TagMaster AB's annualized Net Income for the quarter that ended in Jun. 2026 was €3.05 Mil. TagMaster AB's average Total Assets over the quarter that ended in Jun. 2026 was €43.77 Mil. Therefore, TagMaster AB's annualized ROA % for the quarter that ended in Jun. 2026 was 6.96%.

The historical rank and industry rank for TagMaster AB's ROA % or its related term are showing as below:

FRA:2I40' s ROA % Range Over the Past 10 Years
Min: -5.77   Med: 2.53   Max: 11.68
Current: 7.48

During the past 13 years, TagMaster AB's highest ROA % was 11.68%. The lowest was -5.77%. And the median was 2.53%.

FRA:2I40's ROA % is ranked better than
77.15% of 2499 companies
in the Hardware industry
Industry Median: 2.7 vs FRA:2I40: 7.48

TagMaster AB  (FRA:2I40) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Jun. 2026 )
=Net Income/Total Assets
=3.048/43.7735
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3.048 / 42.888)*(42.888 / 43.7735)
=Net Margin %*Asset Turnover
=7.11 %*0.9798
=6.96 %

Note: The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


TagMaster AB ROA % Related Terms


TagMaster AB ROA % Historical Data

* Premium members only.

The historical data trend for TagMaster AB's ROA % 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.

TagMaster AB ROA % Chart

TagMaster AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.70 5.98 3.22 0.93 4.49

TagMaster AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.67 6.36 13.04 3.63 6.96

FRA:2I40 vs CSCO, MSI, HPE: ROA % Comparison

For the Communication Equipment subindustry, TagMaster AB's ROA %, along with its competitors' market caps and ROA % 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.


TagMaster AB ROA % vs Hardware Industry

For the Hardware industry and Technology sector, TagMaster AB's ROA % distribution charts can be found below:

* The bar in red indicates where TagMaster AB's ROA % falls into.


FRA:2I40
89GF Score
TagMaster AB FRA:2I40
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TagMaster AB ROA % Calculation

TagMaster AB's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=2.072/( (48.397+43.835)/ 2 )
=2.072/46.116
=4.49 %

TagMaster AB's annualized ROA % for the quarter that ended in Jun. 2026 is calculated as:

ROA %=Net Income (Q: Jun. 2026 )/( (Total Assets (Q: Mar. 2026 )+Total Assets (Q: Jun. 2026 ))/ count )
=3.048/( (45.096+42.451)/ 2 )
=3.048/43.7735
=6.96 %

* 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Jun. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 6.96% mean?
TagMaster AB (FRA:2I40) has a ROA % of 6.96% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on TagMaster AB and its competitors. This is 175% above median its historical median of 2.53. According to the industry distribution chart, TagMaster AB ranks #571 out of 2499 companies in the Hardware industry, placing it in the top 22.8%.
Is TagMaster AB's ROA % too high?
TagMaster AB's current ROA % of 6.96% is 175% above median its 10-year median of 2.53. The Hardware industry median ROA % is 2.70. TagMaster AB's value of 6.96% is 157.8% above this industry median. Based on the distribution chart, TagMaster AB ranks #571 out of 2499 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, TagMaster AB has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TagMaster AB's ROA % compare to CSCO and MSI?
According to the Hardware industry distribution chart, TagMaster AB ranks #571 out of 2499 companies for ROA %. This places TagMaster AB in the top 23% of its industry — outperforming the majority of peers. The industry median ROA % is 2.70. TagMaster AB's value of 6.96% is 157.8% above this benchmark. While the company's 10-year median is 2.53 vs. the industry median of 2.70, TagMaster 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 ROA % for a Hardware company?
The median ROA % among Hardware companies is 2.70, based on 2,499 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TagMaster AB's current ROA % of 6.96% is 157.8% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on TagMaster AB and its competitors. For the Hardware industry, the median ROA % is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TagMaster AB's current ROA % is 6.96%, which is 175% above median its own 10-year median of 2.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TagMaster AB stock overvalued right now?
Based on GuruFocus' analysis, TagMaster AB (FRA:2I40) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.29, compared to a current price of €2.74 — trading 16.7% below its estimated fair value. The current ROA % is 6.96%, which is 175% above median its 10-year median of 2.53 and 157.8% above the Hardware industry median of 2.70. TagMaster AB's overall GF Score™ is 89/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For TagMaster AB (FRA:2I40), the current ROA % is 6.96% as of Jun. 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 TagMaster AB (FRA:2I40) Overvalued in 2026?

Based on GuruFocus' analysis, TagMaster AB stock appears to be undervalued. The current stock price of €2.74 is trading 16.7% below its estimated GF Value™ of €3.29. GuruFocus considers TagMaster AB to be Modestly Undervalued.

Key valuation signals for FRA:2I40:

  • ROA %: 6.96% (175% above median its 10-year median of 2.53)
  • GF Value™: €3.29 vs. price of €2.74 (16.7% below fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 157.8% above the Hardware median (#571 of 2499)

No single metric tells the full story. See the FRA:2I40 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TagMaster AB Business Description

Other Exchanges TAGM B:Sweden
Address Kronborgsgrand 11, Kista, SWE, 164 46
TagMaster AB is engaged in technology business sector. The company develops and sells advanced sensor systems and solutions based on radio, radar and camera technologies. The company's products are used in the areas of parking, traffic situations, electronic toll systems, and public transport. The company operates through various business segments that are Traffic and Rail. The Traffic segment generates maximum revenue for the company. Geographically, the company offers its services to the America's, EMEA and Asia Pacific.
89GF Score

Get the complete analysis for FRA:2I40

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.74
Price
€3.29
GF Value