The historical rank and industry rank for Time People Group AB's ROE % or its related term are showing as below:
NGM:TPGR'
s ROE % Range Over the Past 10 Years
Min: -20101.97 Med: 18.28 Max: 55.36
Current: -20101.97
During the past 10 years, Time People Group AB's highest ROE % was 55.36%. The lowest was -20,101.97%. And the median was 18.28%.
NGM:TPGR's ROE % is ranked worse than 99.96% of 2679
companies
in the Software industry
Industry Median: 4.69
vs NGM:TPGR: -20101.97
Time People Group AB (NGM:TPGR) 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 (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 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.
* 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 Information Technology Services subindustry, Time People 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.
Time People Group AB ROE % vs Software Industry
For the Software industry and Technology sector, Time People Group AB's ROE % distribution charts can be found below:
* The bar in red indicates where Time People 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 (Apr. 2026) net income data.
ROE % is displayed in the 30-year financial page.
* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.
Time People Group AB (NGM:TPGR) has a ROE % of 0.00% as of Apr. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Time People Group AB and its competitors. According to the industry distribution chart, Time People Group AB ranks #2678 out of 2679 companies in the Software industry.
Is Time People Group AB's ROE % too high?
Time People Group AB's current ROE % is 0.00%. Based on the distribution chart, Time People Group AB ranks #2678 out of 2679 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Time People Group AB has a GF Score™ of 48/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Time People Group AB's ROE % compare to IBM and ACN?
According to the Software industry distribution chart, Time People Group AB ranks #2678 out of 2679 companies for ROE %. This places Time People Group AB in the lower half of its industry. The industry median ROE % is 4.69. 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 Software company?
The median ROE % among Software companies is 4.69, based on 2,679 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 Time People Group AB and its competitors. For the Software industry, the median ROE % is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Time People Group AB's current ROE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Time People Group AB stock overvalued right now?
Based on GuruFocus' analysis, Time People Group AB (NGM:TPGR) is currently considered Significantly Undervalued. The stock's GF Value™ is kr4.11, compared to a current price of kr0.88 — trading 78.6% below its estimated fair value. The current ROE % is 0.00%. Time People Group AB's overall GF Score™ is 48/100 with 3 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 Time People Group AB (NGM:TPGR), the current ROE % is 0.00% as of Apr. 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 Time People Group AB (NGM:TPGR) Overvalued in 2026?
Based on GuruFocus' analysis, Time People Group AB stock appears to be undervalued.
The current stock price of kr0.88 is trading 78.6% below its estimated GF Value™ of kr4.11.
GuruFocus considers Time People Group AB to be Significantly Undervalued.
Key valuation signals for NGM:TPGR:
ROE %: 0.00%
GF Value™: kr4.11 vs. price of kr0.88 (78.6% below fair value)
No single metric tells the full story. See the NGM:TPGR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Time People Group AB conducts consulting activities in Stockholm. It offers services that cover the entire chain from plan, change and project management, programs, and system and method development, to test engagement and management. The group operates under its own brands with a clear focus and expertise in IT and Management.
48GF Score
Get the complete analysis for NGM:TPGR
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