Nordic Flanges Group AB (OSTO:NFGAB) ROE %: 38.66% (As of Mar. 2026)


OSTO:NFGAB Nordic Flanges Group AB OSTO:NFGAB
32 GF Score
Price kr24.00
GF Value kr5.25
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Nordic Flanges Group AB ROE %?

Nordic Flanges Group AB OSTO:NFGAB +2.56% 32 ROE % is 38.66% as of Mar. 2026. GuruFocus rates OSTO:NFGAB with a GF Score™ of 32/100 and a GF Value™ of kr5.25 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 3,001 Industrial Products companies, Nordic Flanges Group AB ranks better than 89.67% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Nordic Flanges Group AB's annualized net income for the quarter that ended in Mar. 2026 was kr7.2 Mil. Nordic Flanges Group AB's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was kr18.7 Mil. Therefore, Nordic Flanges Group AB's annualized ROE % for the quarter that ended in Mar. 2026 was 38.66%.

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

OSTO:NFGAB' s ROE % Range Over the Past 10 Years
Min: -95.29   Med: -24.19   Max: 20.18
Current: 20.18

During the past 13 years, Nordic Flanges Group AB's highest ROE % was 20.18%. The lowest was -95.29%. And the median was -24.19%.

OSTO:NFGAB's ROE % is ranked better than
89.67% of 3001 companies
in the Industrial Products industry
Industry Median: 5.85 vs OSTO:NFGAB: 20.18

Nordic Flanges Group AB  (OSTO:NFGAB) 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
=7.244/18.7385
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(7.244 / 247.02)*(247.02 / 111.67)*(111.67 / 18.7385)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.93 %*2.2121*5.9594
=ROA %*Equity Multiplier
=6.48 %*5.9594
=38.66 %

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
=7.244/18.7385
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (7.244 / 6.88) * (6.88 / 13.972) * (13.972 / 247.02) * (247.02 / 111.67) * (111.67 / 18.7385)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0529 * 0.4924 * 5.66 % * 2.2121 * 5.9594
=38.66 %

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.


Nordic Flanges Group AB ROE % Related Terms


Nordic Flanges Group AB ROE % Historical Data

* Premium members only.

The historical data trend for Nordic Flanges 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.

Nordic Flanges Group AB ROE % Chart

Nordic Flanges 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 -34.50 -22.58 -67.23 -95.29 -12.82

Nordic Flanges Group AB Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 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 0.41 -100.40 111.69 35.68 38.66

OSTO:NFGAB vs CRS, ATI, MLI: ROE % Comparison

For the Metal Fabrication subindustry, Nordic Flanges 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.


Nordic Flanges Group AB ROE % vs Industrial Products Industry

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

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


OSTO:NFGAB
32GF Score
Nordic Flanges Group AB OSTO:NFGAB
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nordic Flanges Group AB ROE % Calculation

Nordic Flanges 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 )
=-2.545/( (22.492+17.226)/ 2 )
=-2.545/19.859
=-12.82 %

Nordic Flanges 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 )
=7.244/( (17.226+20.251)/ 2 )
=7.244/18.7385
=38.66 %

* 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 38.66% mean?
Nordic Flanges Group AB (OSTO:NFGAB) has a ROE % of 38.66% 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 Nordic Flanges Group AB and its competitors. According to the industry distribution chart, Nordic Flanges Group AB ranks #310 out of 3001 companies in the Industrial Products industry, placing it in the top 10.3%.
Is Nordic Flanges Group AB's ROE % too high?
Nordic Flanges Group AB's current ROE % is 38.66%. The Industrial Products industry median ROE % is 5.85. Nordic Flanges Group AB's value of 38.66% is 560.9% above this industry median. Based on the distribution chart, Nordic Flanges Group AB ranks #310 out of 3001 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Nordic Flanges Group AB has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordic Flanges Group AB's ROE % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Nordic Flanges Group AB ranks #310 out of 3001 companies for ROE %. This places Nordic Flanges Group AB in the top 10% of its industry — outperforming the majority of peers. The industry median ROE % is 5.85. Nordic Flanges Group AB's value of 38.66% is 560.9% 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 Industrial Products company?
The median ROE % among Industrial Products companies is 5.85, based on 3,001 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. Nordic Flanges Group AB's current ROE % of 38.66% is 560.9% 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 Nordic Flanges Group AB and its competitors. For the Industrial Products industry, the median ROE % is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic Flanges Group AB's current ROE % is 38.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Flanges Group AB stock overvalued right now?
Based on GuruFocus' analysis, Nordic Flanges Group AB (OSTO:NFGAB) is currently considered Significantly Overvalued. The stock's GF Value™ is kr5.25, compared to a current price of kr24.00 — trading 357.1% above its estimated fair value. The current ROE % is 38.66% and 560.9% above the Industrial Products industry median of 5.85. Nordic Flanges Group AB's overall GF Score™ is 32/100 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 Nordic Flanges Group AB (OSTO:NFGAB), the current ROE % is 38.66% 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 Nordic Flanges Group AB (OSTO:NFGAB) Overvalued in 2026?

Based on GuruFocus' analysis, Nordic Flanges Group AB stock appears to be overvalued. The current stock price of kr24.00 is trading 357.1% above its estimated GF Value™ of kr5.25. GuruFocus considers Nordic Flanges Group AB to be Significantly Overvalued.

Key valuation signals for OSTO:NFGAB:

  • ROE %: 38.66%
  • GF Value™: kr5.25 vs. price of kr24.00 (357.1% above fair value)
  • GF Score™: 32/100 with 3 warning signs
  • Industry Position: 560.9% above the Industrial Products median (#310 of 3001)

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


Nordic Flanges Group AB Business Description

Address c/o iOffice, Drottninggatan 32, 8th Floor, Stockholm, SWE, SE-111 51
Nordic Flanges Group AB is a supplier of industrial flanges in the Nordic region. Its business concept is to deliver flange solutions in stainless steel, aluminum and steel with the customer service on the market. Its products include Stainless steel, carbon steel, aluminum, and laboratory equipment.
32GF Score

Get the complete analysis for OSTO:NFGAB

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

kr24.00
Price
kr5.25
GF Value