Scandinavian Medical Solutions AS (OCSE:SMSMED) ROA %: -9.95% (As of Mar. 2026)


OCSE:SMSMED Scandinavian Medical Solutions AS OCSE:SMSMED
81 GF Score
Price kr3.10
GF Value kr6.23
Valuation Possible Value Trap
! 7 Warning Signs
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What is Scandinavian Medical Solutions AS ROA %?

Scandinavian Medical Solutions AS OCSE:SMSMED +6.90% 81 ROA % is -9.95% as of Mar. 2026. GuruFocus rates OCSE:SMSMED with a GF Score™ of 81/100 and a GF Value™ of kr6.23 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 857 Medical Devices & Instruments companies, Scandinavian Medical Solutions AS ranks worse than 59.28% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Scandinavian Medical Solutions AS's annualized Net Income for the quarter that ended in Mar. 2026 was kr-20.0 Mil. Scandinavian Medical Solutions AS's average Total Assets over the quarter that ended in Mar. 2026 was kr201.3 Mil. Therefore, Scandinavian Medical Solutions AS's annualized ROA % for the quarter that ended in Mar. 2026 was -9.95%.

The historical rank and industry rank for Scandinavian Medical Solutions AS's ROA % or its related term are showing as below:

OCSE:SMSMED' s ROA % Range Over the Past 10 Years
Min: -3.92   Med: 15.09   Max: 34.13
Current: -3.92

During the past 7 years, Scandinavian Medical Solutions AS's highest ROA % was 34.13%. The lowest was -3.92%. And the median was 15.09%.

OCSE:SMSMED's ROA % is ranked worse than
59.28% of 857 companies
in the Medical Devices & Instruments industry
Industry Median: 0.54 vs OCSE:SMSMED: -3.92

Scandinavian Medical Solutions AS  (OCSE:SMSMED) 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
=-20.018/201.2655
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-20.018 / 184.586)*(184.586 / 201.2655)
=Net Margin %*Asset Turnover
=-10.84 %*0.9171
=-9.95 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Scandinavian Medical Solutions AS ROA % Related Terms


Scandinavian Medical Solutions AS ROA % Historical Data

* Premium members only.

The historical data trend for Scandinavian Medical Solutions AS'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.

Scandinavian Medical Solutions AS ROA % Chart

Scandinavian Medical Solutions AS Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROA %
Get a 7-Day Free Trial 26.44 15.09 9.05 4.61 0.01

Scandinavian Medical Solutions AS Semi-Annual Data
Sep19 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.21 6.09 -2.63 2.44 -9.95

OCSE:SMSMED vs ABT, SYK, MDT: ROA % Comparison

For the Medical Devices subindustry, Scandinavian Medical Solutions AS'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.


Scandinavian Medical Solutions AS ROA % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Scandinavian Medical Solutions AS's ROA % distribution charts can be found below:

* The bar in red indicates where Scandinavian Medical Solutions AS's ROA % falls into.


OCSE:SMSMED
81GF Score
Scandinavian Medical Solutions AS OCSE:SMSMED
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Scandinavian Medical Solutions AS ROA % Calculation

Scandinavian Medical Solutions AS's annualized ROA % for the fiscal year that ended in Sep. 2025 is calculated as:

ROA %=Net Income (A: Sep. 2025 )/( (Total Assets (A: Sep. 2024 )+Total Assets (A: Sep. 2025 ))/ count )
=0.026/( (174.115+205.858)/ 2 )
=0.026/189.9865
=0.01 %

Scandinavian Medical Solutions AS's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-20.018/( (205.858+196.673)/ 2 )
=-20.018/201.2655
=-9.95 %

* 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 two times the semi-annual (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 -9.95% mean?
Scandinavian Medical Solutions AS (OCSE:SMSMED) has a ROA % of -9.95% 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 Scandinavian Medical Solutions AS and its competitors. According to the industry distribution chart, Scandinavian Medical Solutions AS ranks #508 out of 857 companies in the Medical Devices & Instruments industry, placing it in the top 59.3%.
Is Scandinavian Medical Solutions AS's ROA % too high?
Scandinavian Medical Solutions AS's current ROA % is -9.95%. Based on the distribution chart, Scandinavian Medical Solutions AS ranks #508 out of 857 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Scandinavian Medical Solutions AS has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Scandinavian Medical Solutions AS's ROA % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Scandinavian Medical Solutions AS ranks #508 out of 857 companies for ROA %. This places Scandinavian Medical Solutions AS in the lower half of its industry. The industry median ROA % is 0.54. 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 Medical Devices & Instruments company?
The median ROA % among Medical Devices & Instruments companies is 0.54, based on 857 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. 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 Scandinavian Medical Solutions AS and its competitors. For the Medical Devices & Instruments industry, the median ROA % is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scandinavian Medical Solutions AS's current ROA % is -9.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scandinavian Medical Solutions AS stock overvalued right now?
Based on GuruFocus' analysis, Scandinavian Medical Solutions AS (OCSE:SMSMED) is currently considered Possible Value Trap. The stock's GF Value™ is kr6.23, compared to a current price of kr3.10 — trading 50.2% below its estimated fair value. The current ROA % is -9.95%. Scandinavian Medical Solutions AS's overall GF Score™ is 81/100 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 Scandinavian Medical Solutions AS (OCSE:SMSMED), the current ROA % is -9.95% 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 Scandinavian Medical Solutions AS (OCSE:SMSMED) Overvalued in 2026?

Based on GuruFocus' analysis, Scandinavian Medical Solutions AS stock appears to be undervalued. The current stock price of kr3.10 is trading 50.2% below its estimated GF Value™ of kr6.23. GuruFocus considers Scandinavian Medical Solutions AS to be Possible Value Trap.

Key valuation signals for OCSE:SMSMED:

  • ROA %: -9.95%
  • GF Value™: kr6.23 vs. price of kr3.10 (50.2% below fair value)
  • GF Score™: 81/100 with 7 warning signs

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


Scandinavian Medical Solutions AS Business Description

Other Exchanges K41:Germany
Address Gasvaerksvej 48, 1st Floor, Aalborg, DNK, 9000
Scandinavian Medical Solutions AS is a provider of Medical Imaging equipment. The company specializes in the acquisition, quality check, and resale of high-quality pre-owned medical imaging systems. The company supplies value-added resellers and distributors in various countries with MRI, CT, PET/CT, and other diagnostic scanners. It operates the business through three business areas, Equipment Solutions, Parts Solutions and Rental Solutions. Equipment Solutions is the company's main source of revenue, which focuses on sourcing, inspecting, and selling imaging systems such as MRI, CT, PET/CT, Cath-Lab, and Mammography units.
81GF Score

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

kr3.10
Price
kr6.23
GF Value