NCAB Group ABNCABF 94 ROE % is 19.73% as of Mar. 2026, which is 44% below its 10-year median of 35.30. GuruFocus rates NCABF with a GF Score™ of 94/100. The stock has 8 warning signs investors should review. Among 2,423 Hardware companies, NCAB Group AB ranks better than 84.61% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. NCAB Group AB's annualized net income for the quarter that ended in Mar. 2026 was $32.03 Mil. NCAB Group AB's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $162.29 Mil. Therefore, NCAB Group AB's annualized ROE % for the quarter that ended in Mar. 2026 was 19.73%.
The historical rank and industry rank for NCAB Group AB's ROE % or its related term are showing as below:
NCABF'
s ROE % Range Over the Past 10 Years
Min: 14.27 Med: 35.3 Max: 54.05
Current: 15.85
During the past 11 years, NCAB Group AB's highest ROE % was 54.05%. The lowest was 14.27%. And the median was 35.30%.
NCABF's ROE % is ranked better than 84.61% of 2423
companies
in the Hardware industry
Industry Median: 4.61
vs NCABF: 15.85
NCAB Group AB (OTCPK:NCABF) 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.
NCAB Group AB ROE % Related Terms
NCAB Group AB ROE % Historical Data
* Premium members only.
The historical data trend for NCAB Group 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 Electronic Components subindustry, NCAB Group 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.
NCAB Group AB ROE % vs Hardware Industry
For the Hardware industry and Technology sector, NCAB Group AB's ROE % distribution charts can be found below:
* The bar in red indicates where NCAB Group 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.
NCAB Group AB (NCABF) has a ROE % of 19.73% 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 NCAB Group AB and its competitors. This is 44% below median its historical median of 35.30. Over the past decade, NCAB Group AB's ROE % has ranged from 14.27 to 54.05. According to the industry distribution chart, NCAB Group AB ranks #373 out of 2423 companies in the Hardware industry, placing it in the top 15.4%.
Is NCAB Group AB's ROE % too high?
NCAB Group AB's current ROE % of 19.73% is 44% below median its 10-year median of 35.30. Over the past 10 years, this metric has ranged from a low of 14.27 to a high of 54.05. The Hardware industry median ROE % is 4.61. NCAB Group AB's value of 19.73% is 328% above this industry median. Based on the distribution chart, NCAB Group AB ranks #373 out of 2423 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, NCAB Group AB has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does NCAB Group AB's ROE % compare to APH and GLW?
According to the Hardware industry distribution chart, NCAB Group AB ranks #373 out of 2423 companies for ROE %. This places NCAB Group AB in the top 15% of its industry — outperforming the majority of peers. The industry median ROE % is 4.61. NCAB Group AB's value of 19.73% is 328% above this benchmark. Historically, NCAB Group AB's own ROE % has ranged from 14.27 to 54.05 over the past decade. While the company's 10-year median is 35.30 vs. the industry median of 4.61, NCAB Group AB has consistently been above the industry average. 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 Hardware company?
The median ROE % among Hardware companies is 4.61, based on 2,423 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. NCAB Group AB's current ROE % of 19.73% is 328% above the industry median. 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 NCAB Group AB and its competitors. For the Hardware industry, the median ROE % is 4.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCAB Group AB's current ROE % is 19.73%, which is 44% below median its own 10-year median of 35.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCAB Group AB stock overvalued right now?
NCAB Group AB (NCABF) has a current ROE % of 19.73%. The current ROE % is 19.73%, which is 44% below median its 10-year median of 35.30 and 328% above the Hardware industry median of 4.61. NCAB Group AB's overall GF Score™ is 94/100 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 NCAB Group AB (NCABF), the current ROE % is 19.73% 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.
NCAB Group AB offers a broad range of printed circuit board (PCB) which, after receiving a customer order, are sourced from external manufacturers, predominantly located in China. It provides comprehensive services comprising design support, through prototyping, production and quality control. The operating activities are controlled in four segments; Nordic, Europe, East and North America. It generates key revenue from the Europe segment which includes the provision of a broad range of PCBs from the companies in the UK, Poland, France, Italy, Germany and Spain.
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