NETLF (NetLink NBN Trust) ROE %: 3.48% (As of Mar. 2026) — Near Median


NETLF NetLink NBN Trust NETLF
32 GF Score
Price $0.77
GF Value $0.68
Valuation Modestly Overvalued
! 9 Warning Signs
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What is NetLink NBN Trust ROE %?

NetLink NBN Trust NETLF +1.52% 32 ROE % is 3.48% as of Mar. 2026, which is 5% above its 10-year median of 3.32. GuruFocus rates NETLF with a GF Score™ of 32/100 and a GF Value™ of $0.68 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 349 Telecommunication Services companies, NetLink NBN Trust ranks worse than 64.18% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. NetLink NBN Trust's annualized net income for the quarter that ended in Mar. 2026 was $62.2 Mil. NetLink NBN Trust's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $1,787.6 Mil. Therefore, NetLink NBN Trust's annualized ROE % for the quarter that ended in Mar. 2026 was 3.48%.

The historical rank and industry rank for NetLink NBN Trust's ROE % or its related term are showing as below:

NETLF' s ROE % Range Over the Past 10 Years
Min: 1.6   Med: 3.32   Max: 4.09
Current: 3.58

During the past 11 years, NetLink NBN Trust's highest ROE % was 4.09%. The lowest was 1.60%. And the median was 3.32%.

NETLF's ROE % is ranked worse than
64.18% of 349 companies
in the Telecommunication Services industry
Industry Median: 7.41 vs NETLF: 3.58

NetLink NBN Trust  (OTCPK:NETLF) 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
=62.156/1787.5635
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(62.156 / 322.486)*(322.486 / 3017.9085)*(3017.9085 / 1787.5635)
=Net Margin %*Asset Turnover*Equity Multiplier
=19.27 %*0.1069*1.6883
=ROA %*Equity Multiplier
=2.06 %*1.6883
=3.48 %

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
=62.156/1787.5635
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (62.156 / 54.434) * (54.434 / 69.76) * (69.76 / 322.486) * (322.486 / 3017.9085) * (3017.9085 / 1787.5635)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.1419 * 0.7803 * 21.63 % * 0.1069 * 1.6883
=3.48 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


NetLink NBN Trust ROE % Related Terms


NetLink NBN Trust ROE % Historical Data

* Premium members only.

The historical data trend for NetLink NBN Trust'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.

NetLink NBN Trust ROE % Chart

NetLink NBN Trust Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.29 4.11 4.00 3.89 3.66

NetLink NBN Trust Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 3.98 3.96 3.81 3.76 3.48

NETLF vs TMUS, VZ, T: ROE % Comparison

For the Telecom Services subindustry, NetLink NBN Trust'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.


NetLink NBN Trust ROE % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, NetLink NBN Trust's ROE % distribution charts can be found below:

* The bar in red indicates where NetLink NBN Trust's ROE % falls into.


NETLF
32GF Score
NetLink NBN Trust NETLF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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NetLink NBN Trust ROE % Calculation

NetLink NBN Trust's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=65.106/( (1792.093+1765.709)/ 2 )
=65.106/1778.901
=3.66 %

NetLink NBN Trust's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=62.156/( (1809.418+1765.709)/ 2 )
=62.156/1787.5635
=3.48 %

* 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 two times the semi-annual (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 3.48% mean?
NetLink NBN Trust (NETLF) has a ROE % of 3.48% 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 NetLink NBN Trust and its competitors. This is near median its historical median of 3.32. Over the past decade, NetLink NBN Trust's ROE % has ranged from 1.60 to 4.09. According to the industry distribution chart, NetLink NBN Trust ranks #224 out of 349 companies in the Telecommunication Services industry, placing it in the top 64.2%.
Is NetLink NBN Trust's ROE % too high?
NetLink NBN Trust's current ROE % of 3.48% is near median its 10-year median of 3.32. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 4.09. The Telecommunication Services industry median ROE % is 7.41. NetLink NBN Trust's value of 3.48% is 53% below this industry median. Based on the distribution chart, NetLink NBN Trust ranks #224 out of 349 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, NetLink NBN Trust has a GF Score™ of 32/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NetLink NBN Trust's ROE % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, NetLink NBN Trust ranks #224 out of 349 companies for ROE %. This places NetLink NBN Trust in the lower half of its industry. The industry median ROE % is 7.41. NetLink NBN Trust's value of 3.48% is 53% below this benchmark. Historically, NetLink NBN Trust's own ROE % has ranged from 1.60 to 4.09 over the past decade. While the company's 10-year median is 3.32 vs. the industry median of 7.41, NetLink NBN Trust has consistently been below 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 Telecommunication Services company?
The median ROE % among Telecommunication Services companies is 7.41, based on 349 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. NetLink NBN Trust's current ROE % of 3.48% is 53% below 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 NetLink NBN Trust and its competitors. For the Telecommunication Services industry, the median ROE % is 7.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetLink NBN Trust's current ROE % is 3.48%, which is near median its own 10-year median of 3.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetLink NBN Trust stock overvalued right now?
Based on GuruFocus' analysis, NetLink NBN Trust (NETLF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.68, compared to a current price of $0.77 — trading 13.1% above its estimated fair value. The current ROE % is 3.48%, which is near median its 10-year median of 3.32 and 53% below the Telecommunication Services industry median of 7.41. NetLink NBN Trust's overall GF Score™ is 32/100 with 9 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 NetLink NBN Trust (NETLF), the current ROE % is 3.48% 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 NetLink NBN Trust (NETLF) Overvalued in 2026?

Based on GuruFocus' analysis, NetLink NBN Trust stock appears to be overvalued. The current stock price of $0.77 is trading 13.1% above its estimated GF Value™ of $0.68. GuruFocus considers NetLink NBN Trust to be Modestly Overvalued.

Key valuation signals for NETLF:

  • ROE %: 3.48% (near median its 10-year median of 3.32)
  • GF Value™: $0.68 vs. price of $0.77 (13.1% above fair value)
  • GF Score™: 32/100 with 9 warning signs
  • Industry Position: 53% below the Telecommunication Services median (#224 of 349)

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


NetLink NBN Trust Business Description

Other Exchanges CJLU:Singapore6NL:Germany
Address 750E Chai Chee Road, No. 07-03, ESR BizPark, Singapore, SGP, 469005
NetLink NBN Trust is a national provider of internet service. It designs, builds, owns, and operates network infrastructure comprising ducts, manholes, and fiber cables. Its non-building address point (NBAP) applications include infrastructure for telecommunications operators such as wireless network base stations, cameras, sensors, signage, and outdoor kiosks. The company generates the majority of its revenue from Installation-related revenue and Ancillary project revenue. The company operates in Singapore, the USA, the UK, and the rest of the World.
32GF Score

Get the complete analysis for NETLF

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

$0.77
Price
$0.68
GF Value