Time People Group AB (NGM:TPGR) ROCE %: -181.22% (As of Apr. 2026)


NGM:TPGR Time People Group AB NGM:TPGR
47 GF Score
Price kr0.71
GF Value kr4.12
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Time People Group AB ROCE %?

Time People Group AB NGM:TPGR +27.93% 47 ROCE % is -181.22% as of Apr. 2026. GuruFocus rates NGM:TPGR with a GF Score™ of 47/100 and a GF Value™ of kr4.12 (Significantly Undervalued). The stock has 3 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Time People Group AB's annualized ROCE % for the quarter that ended in Apr. 2026 was -181.22%.

Time People Group AB  (NGM:TPGR) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Time People Group AB ROCE % Related Terms

Time People Group AB ROCE % Historical Data

* Premium members only.

The historical data trend for Time People Group AB's ROCE % 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.

Time People Group AB ROCE % Chart

Time People Group AB Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.96 25.74 -8.86 -90.52 -103.09

Time People Group AB Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
ROCE % 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 -120.85 -104.64 -80.17 -262.82 -181.22
NGM:TPGR
47GF Score
Time People Group AB NGM:TPGR
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Time People Group AB ROCE % Calculation

Time People Group AB's annualized ROCE % for the fiscal year that ended in Apr. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Apr. 2026 )  (A: Apr. 2025 )(A: Apr. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Apr. 2026 )  (A: Apr. 2025 )(A: Apr. 2026 )
=-14.54/( ( (67.969 - 49.229) + (46.327 - 36.858) )/ 2 )
=-14.54/( (18.74+9.469)/ 2 )
=-14.54/14.1045
=-103.09 %

Time People Group AB's ROCE % of for the quarter that ended in Apr. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=-12.004/( ( (49.242 - 45.463) + (46.327 - 36.858) )/ 2 )
=-12.004/( ( 3.779 + 9.469 )/ 2 )
=-12.004/6.624
=-181.22 %

(1) Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -181.22% mean?
Time People Group AB (NGM:TPGR) has a ROCE % of -181.22% as of Apr. 2026.
Is Time People Group AB's ROCE % too high?
Time People Group AB's current ROCE % is -181.22%. Overall, Time People Group AB has a GF Score™ of 47/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Time People Group AB's ROCE % compare to IBM and ACN?
Time People Group AB's ROCE % of -181.22% can be compared against companies in the Software industry. The industry median ROCE % is 5.19. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Software company?
The median ROCE % among Software companies is 5.19, based on 2,709 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median ROCE % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Time People Group AB's current ROCE % is -181.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Time People Group AB stock overvalued right now?
Based on GuruFocus' analysis, Time People Group AB (NGM:TPGR) is currently considered Significantly Undervalued. The stock's GF Value™ is kr4.12, compared to a current price of kr0.71 — trading 82.8% below its estimated fair value. The current ROCE % is -181.22%. Time People Group AB's overall GF Score™ is 47/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Time People Group AB (NGM:TPGR), the current ROCE % is -181.22% as of Apr. 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 Time People Group AB (NGM:TPGR) Overvalued in 2026?

Based on GuruFocus' analysis, Time People Group AB stock appears to be undervalued. The current stock price of kr0.71 is trading 82.8% below its estimated GF Value™ of kr4.12. GuruFocus considers Time People Group AB to be Significantly Undervalued.

Key valuation signals for NGM:TPGR:

  • ROCE %: -181.22%
  • GF Value™: kr4.12 vs. price of kr0.71 (82.8% below fair value)
  • GF Score™: 47/100 with 3 warning signs

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

Time People Group AB Business Description

Address Kungsgatan 62, Stockholm, SWE, 111 22
Time People Group AB conducts consulting activities in Stockholm. It offers services that cover the entire chain from plan, change and project management, programs, and system and method development, to test engagement and management. The group operates under its own brands with a clear focus and expertise in IT and Management.
47GF Score

Get the complete analysis for NGM:TPGR

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

kr0.71
Price
kr4.12
GF Value