The historical rank and industry rank for Northern Data AG's ROE % or its related term are showing as below:
FRA:NB2'
s ROE % Range Over the Past 10 Years
Min: -7220.65 Med: -54.7 Max: 72.81
Current: -60.87
During the past 12 years, Northern Data AG's highest ROE % was 72.81%. The lowest was -7,220.65%. And the median was -54.70%.
FRA:NB2's ROE % is ranked worse than 88.81% of 2681
companies
in the Software industry
Industry Median: 4.71
vs FRA:NB2: -60.87
Northern Data AG (FRA:NB2) 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:
Note:
The net income data used here is one times the annual (Dec. 2025) net income data. The Revenue data used here is one times the annual (Dec. 2025) 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.
Northern Data AG ROE % Related Terms
Northern Data AG ROE % Historical Data
* Premium members only.
The historical data trend for Northern Data AG'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.
For the Information Technology Services subindustry, Northern Data AG'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.
Northern Data AG ROE % vs Software Industry
For the Software industry and Technology sector, Northern Data AG's ROE % distribution charts can be found below:
* The bar in red indicates where Northern Data AG's ROE % falls into.
* 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 one times the annual (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Northern Data AG (FRA:NB2) has a ROE % of -60.87% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Northern Data AG and its competitors. According to the industry distribution chart, Northern Data AG ranks #2381 out of 2681 companies in the Software industry, placing it in the top 88.8%.
Is Northern Data AG's ROE % too high?
Northern Data AG's current ROE % is -60.87%. Based on the distribution chart, Northern Data AG ranks #2381 out of 2681 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Northern Data AG has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Northern Data AG's ROE % compare to IBM and ACN?
According to the Software industry distribution chart, Northern Data AG ranks #2381 out of 2681 companies for ROE %. This places Northern Data AG in the lower half of its industry. The industry median ROE % is 4.71. 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 Software company?
The median ROE % among Software companies is 4.71, based on 2,681 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 Northern Data AG and its competitors. For the Software industry, the median ROE % is 4.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Data AG's current ROE % is -60.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Data AG stock overvalued right now?
Based on GuruFocus' analysis, Northern Data AG (FRA:NB2) is currently considered Modestly Undervalued. The stock's GF Value™ is €9.07, compared to a current price of €8.10 — trading 10.7% below its estimated fair value. The current ROE % is -60.87%. Northern Data AG's overall GF Score™ is 51/100 with 8 warning signs to review. 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 Northern Data AG (FRA:NB2), the current ROE % is -60.87% as of Dec. 2025. 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 Northern Data AG (FRA:NB2) Overvalued in 2026?
Based on GuruFocus' analysis, Northern Data AG stock appears to be undervalued.
The current stock price of €8.10 is trading 10.7% below its estimated GF Value™ of €9.07.
GuruFocus considers Northern Data AG to be Modestly Undervalued.
Key valuation signals for FRA:NB2:
ROE %: -60.87%
GF Value™: €9.07 vs. price of €8.10 (10.7% below fair value)
No single metric tells the full story. See the FRA:NB2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Northern Data AG is a Business-to-Business technology company developing, using, and selling solutions on vertically integrated computing infrastructure. Its segment includes Peak Mining; Taiga Cloud and Ardent Data Centers. Geographically, it operates in Europe (excluding Germany), North America, and Germany. The company derives maximum revenue from Europe.
51GF Score
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ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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