Transfer Group AB (NGM:TRNSF) ROA %: 71.36% (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.

NGM:TRNSF Transfer Group AB NGM:TRNSF
45 GF Score
Price kr0.10
GF Value kr0.23
Valuation Significantly Undervalued
! 7 Warning Signs
View Full Analysis

What is Transfer Group AB ROA %?

Transfer Group AB NGM:TRNSF -1.89% 45 ROA % is 71.36% as of Mar. 2026. GuruFocus rates NGM:TRNSF with a GF Score™ of 45/100 and a GF Value™ of kr0.23 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 570 Conglomerates companies, Transfer Group AB ranks better than 89.82% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Transfer Group AB's annualized Net Income for the quarter that ended in Mar. 2026 was kr152.7 Mil. Transfer Group AB's average Total Assets over the quarter that ended in Mar. 2026 was kr214.0 Mil. Therefore, Transfer Group AB's annualized ROA % for the quarter that ended in Mar. 2026 was 71.36%.

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

NGM:TRNSF' s ROA % Range Over the Past 10 Years
Min: -62   Med: -20.09   Max: 14.23
Current: 9.38

During the past 7 years, Transfer Group AB's highest ROA % was 14.23%. The lowest was -62.00%. And the median was -20.09%.

NGM:TRNSF's ROA % is ranked better than
89.82% of 570 companies
in the Conglomerates industry
Industry Median: 2.545 vs NGM:TRNSF: 9.38

Transfer Group AB  (NGM:TRNSF) 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: Mar. 2026 )
=Net Income/Total Assets
=152.704/213.9985
=(Net Income / Revenue)*(Revenue / Total Assets)
=(152.704 / 44.564)*(44.564 / 213.9985)
=Net Margin %*Asset Turnover
=342.66 %*0.2082
=71.36 %

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


Transfer Group AB ROA % Related Terms


Transfer Group AB ROA % Historical Data

* Premium members only.

The historical data trend for Transfer Group 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.

Transfer Group AB ROA % Chart

Transfer Group AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial -20.09 -24.00 -11.95 14.23 -11.25

Transfer Group AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -18.37 -13.96 -16.05 -6.97 71.36

NGM:TRNSF vs HON, MMM: ROA % Comparison

For the Conglomerates subindustry, Transfer Group 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.


Transfer Group AB ROA % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Transfer Group AB's ROA % distribution charts can be found below:

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


NGM:TRNSF
45GF Score
Transfer Group AB NGM:TRNSF
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Transfer Group AB ROA % Calculation

Transfer Group 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 )
=-27.654/( (178.018+313.454)/ 2 )
=-27.654/245.736
=-11.25 %

Transfer Group AB's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=152.704/( (313.454+114.543)/ 2 )
=152.704/213.9985
=71.36 %

* 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 (Mar. 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 71.36% mean?
Transfer Group AB (NGM:TRNSF) has a ROA % of 71.36% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Transfer Group AB and its competitors. According to the industry distribution chart, Transfer Group AB ranks #58 out of 570 companies in the Conglomerates industry, placing it in the top 10.2%.
Is Transfer Group AB's ROA % too high?
Transfer Group AB's current ROA % is 71.36%. The Conglomerates industry median ROA % is 2.55. Transfer Group AB's value of 71.36% is 2703.9% above this industry median. Based on the distribution chart, Transfer Group AB ranks #58 out of 570 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Transfer Group AB has a GF Score™ of 45/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Transfer Group AB's ROA % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Transfer Group AB ranks #58 out of 570 companies for ROA %. This places Transfer Group AB in the top 10% of its industry — outperforming the majority of peers. The industry median ROA % is 2.55. Transfer Group AB's value of 71.36% is 2703.9% above this benchmark. 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 Conglomerates company?
The median ROA % among Conglomerates companies is 2.55, based on 570 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. Transfer Group AB's current ROA % of 71.36% is 2703.9% 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 Transfer Group AB and its competitors. For the Conglomerates industry, the median ROA % is 2.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transfer Group AB's current ROA % is 71.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transfer Group AB stock overvalued right now?
Based on GuruFocus' analysis, Transfer Group AB (NGM:TRNSF) is currently considered Significantly Undervalued. The stock's GF Value™ is kr0.23, compared to a current price of kr0.10 — trading 54.8% below its estimated fair value. The current ROA % is 71.36% and 2703.9% above the Conglomerates industry median of 2.55. Transfer Group AB's overall GF Score™ is 45/100 with 7 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 Transfer Group AB (NGM:TRNSF), the current ROA % is 71.36% 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 Transfer Group AB (NGM:TRNSF) Overvalued in 2026?

Based on GuruFocus' analysis, Transfer Group AB stock appears to be undervalued. The current stock price of kr0.10 is trading 54.8% below its estimated GF Value™ of kr0.23. GuruFocus considers Transfer Group AB to be Significantly Undervalued.

Key valuation signals for NGM:TRNSF:

  • ROA %: 71.36%
  • GF Value™: kr0.23 vs. price of kr0.10 (54.8% below fair value)
  • GF Score™: 45/100 with 7 warning signs
  • Industry Position: 2703.9% above the Conglomerates median (#58 of 570)

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


Transfer Group AB Business Description

Address Warfvinge Road 26, Stockholm, SWE, 112 51
Transfer Group AB is a group with operations in security and surveillance. The business is run through various subsidiaries specialized in both physical and digital security solutions. The range includes alarm and surveillance systems as well as security technology for internal and external protection of demanding and sensitive environments. The operations are found in the Nordic market, with corporate customers in various sectors.
45GF Score

Get the complete analysis for NGM:TRNSF

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

kr0.10
Price
kr0.23
GF Value