Secure Electronic Technology (NSA:NSLTECH) ROE % Adjusted to Book Value: -4.20% (As of Dec. 2024)


NSA:NSLTECH Secure Electronic Technology PLC NSA:NSLTECH
10 GF Score
Price ₦0.76
GF Value ₦0.36
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Secure Electronic Technology ROE % Adjusted to Book Value?

Secure Electronic Technology NSA:NSLTECH +1.33% 10 ROE % Adjusted to Book Value is -4.20% as of Dec. 2024. GuruFocus rates NSA:NSLTECH with a GF Score™ of 10/100 and a GF Value™ of ₦0.36 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Secure Electronic Technology's ROE % for the quarter that ended in Dec. 2024 was -3.82%. Secure Electronic Technology's PB Ratio for the quarter that ended in Dec. 2024 was 0.91. Secure Electronic Technology's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2024 was -4.20%.

Secure Electronic Technology ROE % Adjusted to Book Value Related Terms

Secure Electronic Technology ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Secure Electronic Technology's ROE % Adjusted to Book Value 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.

Secure Electronic Technology ROE % Adjusted to Book Value Chart

Secure Electronic Technology Annual Data
Trend Dec21 Dec22 Dec23 Dec24
ROE % Adjusted to Book Value
-8.24 -3.30 -4.33 -4.20

Secure Electronic Technology Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
ROE % Adjusted to Book Value -8.24 -3.30 -4.33 -4.20

NSA:NSLTECH vs FLUT, DKNG, SGHC: ROE % Adjusted to Book Value Comparison

For the Gambling subindustry, Secure Electronic Technology's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.

Secure Electronic Technology ROE % Adjusted to Book Value vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Secure Electronic Technology's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Secure Electronic Technology's ROE % Adjusted to Book Value falls into.


NSA:NSLTECH
10GF Score
Secure Electronic Technology PLC NSA:NSLTECH
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Secure Electronic Technology ROE % Adjusted to Book Value Calculation

Secure Electronic Technology's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2024 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-3.82% / 0.91
=-4.20%

Secure Electronic Technology's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2024 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-3.82% / 0.91
=-4.20%

* 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.

What does a ROE % Adjusted to Book Value of -4.20% mean?
Secure Electronic Technology (NSA:NSLTECH) has a ROE % Adjusted to Book Value of -4.20% as of Dec. 2024. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Secure Electronic Technology and its competitors.
Is Secure Electronic Technology's ROE % Adjusted to Book Value too high?
Secure Electronic Technology's current ROE % Adjusted to Book Value is -4.20%. Overall, Secure Electronic Technology has a GF Score™ of 10/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Secure Electronic Technology's ROE % Adjusted to Book Value compare to FLUT and DKNG?
Secure Electronic Technology's ROE % Adjusted to Book Value of -4.20% can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Travel & Leisure company?
A good ROE % Adjusted to Book Value depends on the Travel & Leisure industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Secure Electronic Technology and its competitors. Secure Electronic Technology's current ROE % Adjusted to Book Value is -4.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure Electronic Technology stock overvalued right now?
Based on GuruFocus' analysis, Secure Electronic Technology (NSA:NSLTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦0.36, compared to a current price of ₦0.76 — trading 111.1% above its estimated fair value. The current ROE % Adjusted to Book Value is -4.20%. Secure Electronic Technology's overall GF Score™ is 10/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Secure Electronic Technology (NSA:NSLTECH), the current ROE % Adjusted to Book Value is -4.20% as of Dec. 2024. 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 Secure Electronic Technology (NSA:NSLTECH) Overvalued in 2026?

Based on GuruFocus' analysis, Secure Electronic Technology stock appears to be overvalued. The current stock price of ₦0.76 is trading 111.1% above its estimated GF Value™ of ₦0.36. GuruFocus considers Secure Electronic Technology to be Significantly Overvalued.

Key valuation signals for NSA:NSLTECH:

  • ROE % Adjusted to Book Value: -4.20%
  • GF Value™: ₦0.36 vs. price of ₦0.76 (111.1% above fair value)
  • GF Score™: 10/100 with 1 warning sign

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

Secure Electronic Technology Business Description

Address 107, Bamgbose Street, Lagos Island, Lagos, NGA
Secure Electronic Technology PLC is engaged in operating the national lottery in Nigeria. The company's games include 5OF90.
10GF Score

Get the complete analysis for NSA:NSLTECH

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

₦0.76
Price
₦0.36
GF Value