Dividend Sweden AB (NGM:DIV B) ROE %: 12.23% (As of Mar. 2025)


NGM:DIV B Dividend Sweden AB NGM:DIV B
40 GF Score
Price kr0.26
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What is Dividend Sweden AB ROE %?

Dividend Sweden AB NGM:DIV B -10.84% 40 ROE % is 12.23% as of Mar. 2025. GuruFocus rates NGM:DIV B with a GF Score™ of 40/100.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Dividend Sweden AB's annualized net income for the quarter that ended in Mar. 2025 was kr8.40 Mil. Dividend Sweden AB's average Total Stockholders Equity over the quarter that ended in Mar. 2025 was kr68.69 Mil. Therefore, Dividend Sweden AB's annualized ROE % for the quarter that ended in Mar. 2025 was 12.23%.

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

NGM:DIV B's ROE % is not ranked *
in the Asset Management industry.
Industry Median: 6.395
* Ranked among companies with meaningful ROE % only.

Dividend Sweden AB  (NGM:DIV B) 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. 2025 )
=Net Income/Total Stockholders Equity
=8.4/68.691
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8.4 / 22)*(22 / 74.074)*(74.074 / 68.691)
=Net Margin %*Asset Turnover*Equity Multiplier
=38.18 %*0.297*1.0784
=ROA %*Equity Multiplier
=11.34 %*1.0784
=12.23 %

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. 2025 )
=Net Income/Total Stockholders Equity
=8.4/68.691
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (8.4 / 8.4) * (8.4 / 8.8) * (8.8 / 22) * (22 / 74.074) * (74.074 / 68.691)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.9545 * 40 % * 0.297 * 1.0784
=12.23 %

Note: The net income data used here is four times the quarterly (Mar. 2025) net income data. The Revenue data used here is four times the quarterly (Mar. 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.


Dividend Sweden AB ROE % Related Terms


Dividend Sweden AB ROE % Historical Data

* Premium members only.

The historical data trend for Dividend Sweden 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.

Dividend Sweden AB ROE % Chart

Dividend Sweden AB Annual Data
Trend Dec21 Dec23
ROE %
-19.05 -11.26

Dividend Sweden AB Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9.63 108.27 -14.51 -41.82 12.23

NGM:DIV B vs BLK, BX, KKR: ROE % Comparison

For the Asset Management subindustry, Dividend Sweden 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.


Dividend Sweden AB ROE % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Dividend Sweden AB's ROE % distribution charts can be found below:

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


NGM:DIV B
40GF Score
Dividend Sweden AB NGM:DIV B
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Dividend Sweden AB ROE % Calculation

Dividend Sweden AB's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-3.3/( (0.42+58.212)/ 2 )
=-3.3/29.316
=-11.26 %

Dividend Sweden AB's annualized ROE % for the quarter that ended in Mar. 2025 is calculated as

ROE %=Net Income (Q: Mar. 2025 )/( (Total Stockholders Equity (Q: Dec. 2024 )+Total Stockholders Equity (Q: Mar. 2025 ))/ count )
=8.4/( (67.682+69.7)/ 2 )
=8.4/68.691
=12.23 %

* 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. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 12.23% mean?
Dividend Sweden AB (NGM:DIV B) has a ROE % of 12.23% as of Mar. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Dividend Sweden AB and its competitors.
Is Dividend Sweden AB's ROE % too high?
Dividend Sweden AB's current ROE % is 12.23%. The Asset Management industry median ROE % is 6.40. Dividend Sweden AB's value of 12.23% is 91.2% above this industry median. Overall, Dividend Sweden AB has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Dividend Sweden AB's ROE % compare to BLK and BX?
Dividend Sweden AB's ROE % of 12.23% can be compared against companies in the Asset Management industry. The industry median ROE % is 6.40. Dividend Sweden AB's value of 12.23% is 91.2% above this benchmark. 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. Dividend Sweden AB's current ROE % of 12.23% is 91.2% 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 Dividend Sweden 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. Dividend Sweden AB's current ROE % is 12.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dividend Sweden AB stock overvalued right now?
Dividend Sweden AB (NGM:DIV B) has a current ROE % of 12.23%. The current ROE % is 12.23% and 91.2% above the Asset Management industry median of 6.40. Dividend Sweden AB's overall GF Score™ is 40/100. 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 Dividend Sweden AB (NGM:DIV B), the current ROE % is 12.23% as of Mar. 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.

Dividend Sweden AB Business Description

Address Kungsgatan 29, Stockholm, SWE, 111 56
Dividend Sweden AB offers financial advisory services. It invests in other smaller, listed companies and assists with services related to financing solutions, in order to thereby create both short-term and long-term high and stable returns for its shareholders via dividends.
40GF Score

Get the complete analysis for NGM:DIV B

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

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