ARCNF (K33 AB) ROE %: -121.53% (As of Mar. 2026)


What is K33 AB ROE %?

K33 AB ARCNF ROE % is -121.53% as of Mar. 2026. The stock has 3 warning signs investors should review. Among 791 Capital Markets companies, K33 AB ranks worse than 95.45% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. K33 AB's annualized net income for the quarter that ended in Mar. 2026 was $-15.4 Mil. K33 AB's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $12.7 Mil. Therefore, K33 AB's annualized ROE % for the quarter that ended in Mar. 2026 was -121.53%.

The historical rank and industry rank for K33 AB's ROE % or its related term are showing as below:

ARCNF' s ROE % Range Over the Past 10 Years
Min: -706.92   Med: -130.89   Max: -28.2
Current: -89.56

During the past 13 years, K33 AB's highest ROE % was -28.20%. The lowest was -706.92%. And the median was -130.89%.

ARCNF's ROE % is ranked worse than
95.45% of 791 companies
in the Capital Markets industry
Industry Median: 6 vs ARCNF: -89.56

K33 AB  (OTCPK:ARCNF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-15.376/12.6515
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-15.376 / 317.564)*(317.564 / 13.8405)*(13.8405 / 12.6515)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.84 %*22.9445*1.094
=ROA %*Equity Multiplier
=-111.05 %*1.094
=-121.53 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-15.376/12.6515
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-15.376 / -15.376) * (-15.376 / -6.64) * (-6.64 / 317.564) * (317.564 / 13.8405) * (13.8405 / 12.6515)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 2.3157 * -2.09 % * 22.9445 * 1.094
=-121.53 %

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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


K33 AB ROE % Related Terms


K33 AB ROE % Historical Data

* Premium members only.

The historical data trend for K33 AB's ROE % 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.

K33 AB ROE % Chart

K33 AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -180.93 -78.08 -255.69 -28.18 -85.84

K33 AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 -56.95 -45.71 -19.30 -105.34 -121.53

ARCNF vs MS, GS, SCHW: ROE % Comparison

For the Capital Markets subindustry, K33 AB's ROE %, along with its competitors' market caps and ROE % 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.


K33 AB ROE % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, K33 AB's ROE % distribution charts can be found below:

* The bar in red indicates where K33 AB's ROE % falls into.



K33 AB ROE % Calculation

K33 AB's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=-7.287/( (2.699+14.279)/ 2 )
=-7.287/8.489
=-85.84 %

K33 AB's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-15.376/( (14.279+11.024)/ 2 )
=-15.376/12.6515
=-121.53 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -121.53% mean?
K33 AB (ARCNF) has a ROE % of -121.53% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on K33 AB and its competitors. According to the industry distribution chart, K33 AB ranks #755 out of 791 companies in the Capital Markets industry, placing it in the top 95.4%.
Is K33 AB's ROE % too high?
K33 AB's current ROE % is -121.53%. Based on the distribution chart, K33 AB ranks #755 out of 791 companies in the Capital Markets industry, which is in the bottom quartile relative to peers.
How does K33 AB's ROE % compare to MS and GS?
According to the Capital Markets industry distribution chart, K33 AB ranks #755 out of 791 companies for ROE %. This places K33 AB in the lower half of its industry. The industry median ROE % is 6.00. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Capital Markets company?
The median ROE % among Capital Markets companies is 6.00, based on 791 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on K33 AB and its competitors. For the Capital Markets industry, the median ROE % is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. K33 AB's current ROE % is -121.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is K33 AB stock overvalued right now?
Based on GuruFocus' analysis, K33 AB (ARCNF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.01, compared to a current price of $0.00 — trading 80% below its estimated fair value. The current ROE % is -121.53%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For K33 AB (ARCNF), the current ROE % is -121.53% 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.

K33 AB Business Description

Other Exchanges K33:Sweden869:Germany
Address Munkedamsveien 45, Oslo, NOR, 0250
K33 AB is a holding company with broad exposure to the digital assets industry. The Company offers market execution, actionable insights, and superior support to private and institutional partners across EMEA.