Accordant Group (NZSE:AGL) ROE %: -10.71% (As of Mar. 2026)


NZSE:AGL Accordant Group Ltd NZSE:AGL
33 GF Score
Price NZ$0.15
GF Value NZ$0.38
Valuation Possible Value Trap
! 7 Warning Signs
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What is Accordant Group ROE %?

Accordant Group NZSE:AGL 33 ROE % is -10.71% as of Mar. 2026. GuruFocus rates NZSE:AGL with a GF Score™ of 33/100 and a GF Value™ of NZ$0.38 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,059 Business Services companies, Accordant Group ranks worse than 85.36% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Accordant Group's annualized net income for the quarter that ended in Mar. 2026 was NZ$-2.0 Mil. Accordant Group's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was NZ$18.4 Mil. Therefore, Accordant Group's annualized ROE % for the quarter that ended in Mar. 2026 was -10.71%.

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

NZSE:AGL' s ROE % Range Over the Past 10 Years
Min: -34.98   Med: 6.72   Max: 16.81
Current: -11.14

During the past 13 years, Accordant Group's highest ROE % was 16.81%. The lowest was -34.98%. And the median was 6.72%.

NZSE:AGL's ROE % is ranked worse than
85.36% of 1059 companies
in the Business Services industry
Industry Median: 8.09 vs NZSE:AGL: -11.14

Accordant Group  (NZSE:AGL) 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
=-1.97/18.3945
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.97 / 166.192)*(166.192 / 75.2595)*(75.2595 / 18.3945)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.19 %*2.2083*4.0914
=ROA %*Equity Multiplier
=-2.63 %*4.0914
=-10.71 %

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
=-1.97/18.3945
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1.97 / -2.316) * (-2.316 / 0.732) * (0.732 / 166.192) * (166.192 / 75.2595) * (75.2595 / 18.3945)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8506 * -3.1639 * 0.44 % * 2.2083 * 4.0914
=-10.71 %

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.


Accordant Group ROE % Related Terms


Accordant Group ROE % Historical Data

* Premium members only.

The historical data trend for Accordant Group'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.

Accordant Group ROE % Chart

Accordant Group 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 7.82 5.55 -34.98 -13.53 -11.13

Accordant Group Semi-Annual Data
Sep16 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 -77.79 -13.08 -13.98 -11.56 -10.71

NZSE:AGL vs KFY, RHI, TNET: ROE % Comparison

For the Staffing & Employment Services subindustry, Accordant Group'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.


Accordant Group ROE % vs Business Services Industry

For the Business Services industry and Industrials sector, Accordant Group's ROE % distribution charts can be found below:

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


NZSE:AGL
33GF Score
Accordant Group Ltd NZSE:AGL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Accordant Group ROE % Calculation

Accordant Group'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 )
=-2.107/( (19.946+17.917)/ 2 )
=-2.107/18.9315
=-11.13 %

Accordant Group'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 )
=-1.97/( (18.872+17.917)/ 2 )
=-1.97/18.3945
=-10.71 %

* 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 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 -10.71% mean?
Accordant Group (NZSE:AGL) has a ROE % of -10.71% 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 Accordant Group and its competitors. According to the industry distribution chart, Accordant Group ranks #904 out of 1059 companies in the Business Services industry, placing it in the top 85.4%.
Is Accordant Group's ROE % too high?
Accordant Group's current ROE % is -10.71%. Based on the distribution chart, Accordant Group ranks #904 out of 1059 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Accordant Group has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Accordant Group's ROE % compare to KFY and RHI?
According to the Business Services industry distribution chart, Accordant Group ranks #904 out of 1059 companies for ROE %. This places Accordant Group in the lower half of its industry. The industry median ROE % is 8.09. 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 Business Services company?
The median ROE % among Business Services companies is 8.09, based on 1,059 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 Accordant Group and its competitors. For the Business Services industry, the median ROE % is 8.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accordant Group's current ROE % is -10.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accordant Group stock overvalued right now?
Based on GuruFocus' analysis, Accordant Group (NZSE:AGL) is currently considered Possible Value Trap. The stock's GF Value™ is NZ$0.38, compared to a current price of NZ$0.15 — trading 60.5% below its estimated fair value. The current ROE % is -10.71%. Accordant Group's overall GF Score™ is 33/100 with 7 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 Accordant Group (NZSE:AGL), the current ROE % is -10.71% 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 Accordant Group (NZSE:AGL) Overvalued in 2026?

Based on GuruFocus' analysis, Accordant Group stock appears to be undervalued. The current stock price of NZ$0.15 is trading 60.5% below its estimated GF Value™ of NZ$0.38. GuruFocus considers Accordant Group to be Possible Value Trap.

Key valuation signals for NZSE:AGL:

  • ROE %: -10.71%
  • GF Value™: NZ$0.38 vs. price of NZ$0.15 (60.5% below fair value)
  • GF Score™: 33/100 with 7 warning signs

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


Accordant Group Business Description

Address 51 Shortland Street, Level 6, Auckland, NTL, NZL, 1010
Accordant Group Ltd is a recruitment and staffing provider company. The group has two reportable segments: Blue Collar Reporting Segment and White Collar Reporting Segment. Blue Collar Reporting Segment: AWF operates branches under the brand names AWF (throughout New Zealand)and Select (Dunedin), which provide contingent labour hire associated with infrastructure, logistics, manufacturing, technical, and construction. The Work Collective (TWC)provides opportunities for those who face barriers to employment. White Collar Reporting Segment: The White Collar segment provides contingent temporary employees, contractors, permanent placement, and executive search services.
33GF Score

Get the complete analysis for NZSE:AGL

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

NZ$0.15
Price
NZ$0.38
GF Value