Synexo Group AB (NGM:SYNEXO) ROE %: -32.71% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGM:SYNEXO Synexo Group AB NGM:SYNEXO
8 GF Score
Price kr0.05
GF Value kr0.29
! 6 Warning Signs
View Full Analysis

What is Synexo Group AB ROE %?

Synexo Group AB NGM:SYNEXO 8 ROE % is -32.71% as of Mar. 2026. GuruFocus rates NGM:SYNEXO with a GF Score™ of 8/100 and a GF Value™ of kr0.29. The stock has 6 warning signs investors should review.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Synexo Group AB's annualized net income for the quarter that ended in Mar. 2026 was kr-7.87 Mil. Synexo Group AB's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was kr24.05 Mil. Therefore, Synexo Group AB's annualized ROE % for the quarter that ended in Mar. 2026 was -32.71%.

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

NGM:SYNEXO' s ROE % Range Over the Past 10 Years
Min: -156.93   Med: -24.04   Max: 14.2
Current: -29.84

During the past 13 years, Synexo Group AB's highest ROE % was 14.20%. The lowest was -156.93%. And the median was -24.04%.

NGM:SYNEXO's ROE % is not ranked
in the Industrial Products industry.
Industry Median: 5.865 vs NGM:SYNEXO: -29.84

Synexo Group AB  (NGM:SYNEXO) 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
=-7.868/24.0545
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-7.868 / 5.272)*(5.272 / 26.241)*(26.241 / 24.0545)
=Net Margin %*Asset Turnover*Equity Multiplier
=-149.24 %*0.2009*1.0909
=ROA %*Equity Multiplier
=-29.98 %*1.0909
=-32.71 %

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
=-7.868/24.0545
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-7.868 / -7.868) * (-7.868 / -7.868) * (-7.868 / 5.272) * (5.272 / 26.241) * (26.241 / 24.0545)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1 * -149.24 % * 0.2009 * 1.0909
=-32.71 %

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.


Synexo Group AB ROE % Related Terms


Synexo Group AB ROE % Historical Data

* Premium members only.

The historical data trend for Synexo 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.

Synexo Group AB ROE % Chart

Synexo Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.34 -156.93 -139.47 -28.28 -30.54

Synexo Group AB Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Sep25 Dec25 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 -30.06 -55.98 -27.99 -41.64 -32.71

NGM:SYNEXO vs VRT, HUBB: ROE % Comparison

For the Electrical Equipment & Parts subindustry, Synexo 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.


Synexo Group AB ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Synexo Group AB's ROE % distribution charts can be found below:

* The bar in red indicates where Synexo Group AB's ROE % falls into.


NGM:SYNEXO
8GF Score
Synexo Group AB NGM:SYNEXO
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Synexo Group AB ROE % Calculation

Synexo Group AB's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=-4.459/( (4.174+25.023)/ 2 )
=-4.459/14.5985
=-30.54 %

Synexo Group AB's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-7.868/( (25.023+23.086)/ 2 )
=-7.868/24.0545
=-32.71 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -32.71% mean?
Synexo Group AB (NGM:SYNEXO) has a ROE % of -32.71% 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 Synexo Group AB and its competitors.
Is Synexo Group AB's ROE % too high?
Synexo Group AB's current ROE % is -32.71%. Overall, Synexo Group AB has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Synexo Group AB's ROE % compare to VRT and HUBB?
Synexo Group AB's ROE % of -32.71% can be compared against companies in the Industrial Products industry. The industry median ROE % is 5.87. 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 Industrial Products company?
The median ROE % among Industrial Products companies is 5.87, based on 3,004 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 Synexo Group AB and its competitors. For the Industrial Products industry, the median ROE % is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Synexo Group AB's current ROE % is -32.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Synexo Group AB stock overvalued right now?
Synexo Group AB (NGM:SYNEXO) has a current ROE % of -32.71%. The stock's GF Value™ is kr0.29, compared to a current price of kr0.05 — trading 81.4% below its estimated fair value. The current ROE % is -32.71%. Synexo Group AB's overall GF Score™ is 8/100 with 6 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 Synexo Group AB (NGM:SYNEXO), the current ROE % is -32.71% 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 Synexo Group AB (NGM:SYNEXO) Overvalued in 2026?

Based on GuruFocus' analysis, Synexo Group AB stock appears to be undervalued. The current stock price of kr0.05 is trading 81.4% below its estimated GF Value™ of kr0.29.

Key valuation signals for NGM:SYNEXO:

  • ROE %: -32.71%
  • GF Value™: kr0.29 vs. price of kr0.05 (81.4% below fair value)
  • GF Score™: 8/100 with 6 warning signs

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


Synexo Group AB Business Description

Address Arkivgatan 4, Goteborg, SWE, 411 34
Synexo Group AB Formerly AB Sperrung (publ) is a technology company. The company is focused on the data backup, recovery, and sovereign data protection market by utilizing a "buy-and-build" program, the firm acquires profitable IT and SaaS companies to provide secure, scalable data storage for small and medium-sized businesses.
8GF Score

Get the complete analysis for NGM:SYNEXO

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

kr0.05
Price
kr0.29
GF Value