ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Newton Golf Co's annualized net income for the quarter that ended in Mar. 2026 was $-10.64 Mil. Newton Golf Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $-0.30 Mil. Therefore, Newton Golf Co's annualized ROE % for the quarter that ended in Mar. 2026 was N/A%.
The historical rank and industry rank for Newton Golf Co's ROE % or its related term are showing as below:
NWTG'
s ROE % Range Over the Past 10 Years
Min: -3897.84 Med: -2067.27 Max: -236.69
Current: -312.7
During the past 6 years, Newton Golf Co's highest ROE % was -236.69%. The lowest was -3,897.84%. And the median was -2,067.27%.
NWTG's ROE % is ranked worse than 99.51% of 824
companies
in the Travel & Leisure industry
Industry Median: 5.485
vs NWTG: -312.70
Newton Golf Co (NAS:NWTG) 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.
Newton Golf Co ROE % Related Terms
Newton Golf Co ROE % Historical Data
* Premium members only.
The historical data trend for Newton Golf Co'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 Leisure subindustry, Newton Golf Co'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.
Newton Golf Co ROE % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Newton Golf Co's ROE % distribution charts can be found below:
* The bar in red indicates where Newton Golf Co'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.
* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.
Newton Golf Co (NWTG) has a ROE % of 0.00% 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 Newton Golf Co and its competitors. According to the industry distribution chart, Newton Golf Co ranks #820 out of 824 companies in the Travel & Leisure industry, placing it in the top 99.5%.
Is Newton Golf Co's ROE % too high?
Newton Golf Co's current ROE % is 0.00%. Based on the distribution chart, Newton Golf Co ranks #820 out of 824 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Newton Golf Co has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Newton Golf Co's ROE % compare to BWMG and TRUG?
According to the Travel & Leisure industry distribution chart, Newton Golf Co ranks #820 out of 824 companies for ROE %. This places Newton Golf Co in the lower half of its industry. The industry median ROE % is 5.49. 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 Travel & Leisure company?
The median ROE % among Travel & Leisure companies is 5.49, based on 824 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 Newton Golf Co and its competitors. For the Travel & Leisure industry, the median ROE % is 5.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newton Golf Co'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 Newton Golf Co stock overvalued right now?
Based on GuruFocus' analysis, Newton Golf Co (NWTG) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.42, compared to a current price of $1.01 — trading 28.9% below its estimated fair value. The current ROE % is 0.00%. Newton Golf Co's overall GF Score™ is 44/100 with 5 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 Newton Golf Co (NWTG), the current ROE % is 0.00% 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 Newton Golf Co (NWTG) Overvalued in 2026?
Based on GuruFocus' analysis, Newton Golf Co stock appears to be undervalued.
The current stock price of $1.01 is trading 28.9% below its estimated GF Value™ of $1.42.
GuruFocus considers Newton Golf Co to be Modestly Undervalued.
Key valuation signals for NWTG:
ROE %: 0.00%
GF Value™: $1.42 vs. price of $1.01 (28.9% below fair value)
No single metric tells the full story. See the NWTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Newton Golf Co Inc is a technology-forward golf company engaged in designing, manufacturing, and selling performance golf equipment, including premium golf shafts and putters, and focuses on developing technology-driven golf products intended to enhance player performance. The company sells its products through e-commerce, distributors, wholesale customers, including pro-shops at golf courses and off-course retailers, sporting goods retailers, online retailers, third-party distributors, and through Club Champion Golf.
44GF Score
Get the complete analysis for NWTG
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