NAXS ABLTS:0OKF 45 ROE % is -3.39% as of Mar. 2026. GuruFocus rates LTS:0OKF with a GF Score™ of 45/100 and a GF Value™ of kr12.71 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,612 Asset Management companies, NAXS AB ranks worse than 90.57% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. NAXS AB's annualized net income for the quarter that ended in Mar. 2026 was kr-18.34 Mil. NAXS AB's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was kr541.69 Mil. Therefore, NAXS AB's annualized ROE % for the quarter that ended in Mar. 2026 was -3.39%.
The historical rank and industry rank for NAXS AB's ROE % or its related term are showing as below:
LTS:0OKF'
s ROE % Range Over the Past 10 Years
Min: -18.57 Med: 4.19 Max: 23.63
Current: -18.57
During the past 13 years, NAXS AB's highest ROE % was 23.63%. The lowest was -18.57%. And the median was 4.19%.
LTS:0OKF's ROE % is ranked worse than 90.57% of 1612
companies
in the Asset Management industry
Industry Median: 6.395
vs LTS:0OKF: -18.57
NAXS AB (LTS:0OKF) 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 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.
NAXS AB ROE % Related Terms
NAXS AB ROE % Historical Data
* Premium members only.
The historical data trend for NAXS 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.
For the Asset Management subindustry, NAXS 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.
NAXS AB ROE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, NAXS AB's ROE % distribution charts can be found below:
* The bar in red indicates where NAXS AB'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 four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
NAXS AB (LTS:0OKF) has a ROE % of -3.39% 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 NAXS AB and its competitors. According to the industry distribution chart, NAXS AB ranks #1460 out of 1612 companies in the Asset Management industry, placing it in the top 90.6%.
Is NAXS AB's ROE % too high?
NAXS AB's current ROE % is -3.39%. Based on the distribution chart, NAXS AB ranks #1460 out of 1612 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, NAXS AB has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NAXS AB's ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, NAXS AB ranks #1460 out of 1612 companies for ROE %. This places NAXS AB in the lower half of its industry. The industry median ROE % is 6.40. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Asset Management company?
The median ROE % among Asset Management companies is 6.40, based on 1,612 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 NAXS AB and its competitors. For the Asset Management industry, the median ROE % is 6.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NAXS AB's current ROE % is -3.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NAXS AB stock overvalued right now?
Based on GuruFocus' analysis, NAXS AB (LTS:0OKF) is currently considered Significantly Overvalued. The stock's GF Value™ is kr12.71, compared to a current price of kr36.30 — trading 185.6% above its estimated fair value. The current ROE % is -3.39%. NAXS AB's overall GF Score™ is 45/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For NAXS AB (LTS:0OKF), the current ROE % is -3.39% 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 NAXS AB (LTS:0OKF) Overvalued in 2026?
Based on GuruFocus' analysis, NAXS AB stock appears to be overvalued.
The current stock price of kr36.30 is trading 185.6% above its estimated GF Value™ of kr12.71.
GuruFocus considers NAXS AB to be Significantly Overvalued.
Key valuation signals for LTS:0OKF:
ROE %: -3.39%
GF Value™: kr12.71 vs. price of kr36.30 (185.6% above fair value)
No single metric tells the full story. See the LTS:0OKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NAXS AB is a publicly traded fund focused on investments across Sweden and Northern Europe. The firm principally invests in private equity funds with a Nordic focus. NAXS may also make direct investments or co-investments alongside private equity or other alternative assets funds and may invest up to forty percent of its net asset value in any securities or assets in any jurisdiction.
45GF Score
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