Norditek Group AB (OSTO:NOTEK) ROE %: 4.21% (As of Feb. 2026) — 59% Below Median


OSTO:NOTEK Norditek Group AB OSTO:NOTEK
58 GF Score
Price kr10.80
GF Value kr15.18
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Norditek Group AB ROE %?

Norditek Group AB OSTO:NOTEK -2.26% 58 ROE % is 4.21% as of Feb. 2026, which is 59% below its 10-year median of 10.18. GuruFocus rates OSTO:NOTEK with a GF Score™ of 58/100 and a GF Value™ of kr15.18 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 232 Waste Management companies, Norditek Group AB ranks better than 60.34% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Norditek Group AB's annualized net income for the quarter that ended in Feb. 2026 was kr4.3 Mil. Norditek Group AB's average Total Stockholders Equity over the quarter that ended in Feb. 2026 was kr102.3 Mil. Therefore, Norditek Group AB's annualized ROE % for the quarter that ended in Feb. 2026 was 4.21%.

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

OSTO:NOTEK' s ROE % Range Over the Past 10 Years
Min: 0.97   Med: 10.18   Max: 13.47
Current: 8.2

During the past 5 years, Norditek Group AB's highest ROE % was 13.47%. The lowest was 0.97%. And the median was 10.18%.

OSTO:NOTEK's ROE % is ranked better than
60.34% of 232 companies
in the Waste Management industry
Industry Median: 4.675 vs OSTO:NOTEK: 8.20

Norditek Group AB  (OSTO:NOTEK) 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: Feb. 2026 )
=Net Income/Total Stockholders Equity
=4.308/102.3425
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4.308 / 126.4)*(126.4 / 204.14)*(204.14 / 102.3425)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.41 %*0.6192*1.9947
=ROA %*Equity Multiplier
=2.11 %*1.9947
=4.21 %

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: Feb. 2026 )
=Net Income/Total Stockholders Equity
=4.308/102.3425
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4.308 / 6.768) * (6.768 / 8.332) * (8.332 / 126.4) * (126.4 / 204.14) * (204.14 / 102.3425)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6365 * 0.8123 * 6.59 % * 0.6192 * 1.9947
=4.21 %

Note: The net income data used here is four times the quarterly (Feb. 2026) net income data. The Revenue data used here is four times the quarterly (Feb. 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.


Norditek Group AB ROE % Related Terms


Norditek Group AB ROE % Historical Data

* Premium members only.

The historical data trend for Norditek 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.

Norditek Group AB ROE % Chart

Norditek Group AB Annual Data
Trend Aug21 Aug22 Aug23 Aug24 Aug25
ROE %
0.00 13.35 7.01 0.97 13.47

Norditek Group AB Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 23.77 7.14 6.38 14.69 4.21

OSTO:NOTEK vs WM, RSG, WCN: ROE % Comparison

For the Waste Management subindustry, Norditek 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.


Norditek Group AB ROE % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Norditek Group AB's ROE % distribution charts can be found below:

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


OSTO:NOTEK
58GF Score
Norditek Group AB OSTO:NOTEK
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Norditek Group AB ROE % Calculation

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

ROE %=Net Income (A: Aug. 2025 )/( (Total Stockholders Equity (A: Aug. 2024 )+Total Stockholders Equity (A: Aug. 2025 ))/ count )
=11.441/( (71.937+97.922)/ 2 )
=11.441/84.9295
=13.47 %

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

ROE %=Net Income (Q: Feb. 2026 )/( (Total Stockholders Equity (Q: Nov. 2025 )+Total Stockholders Equity (Q: Feb. 2026 ))/ count )
=4.308/( (101.586+103.099)/ 2 )
=4.308/102.3425
=4.21 %

* 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 (Feb. 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 4.21% mean?
Norditek Group AB (OSTO:NOTEK) has a ROE % of 4.21% as of Feb. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Norditek Group AB and its competitors. This is 59% below median its historical median of 10.18. Over the past decade, Norditek Group AB's ROE % has ranged from 0.97 to 13.47. According to the industry distribution chart, Norditek Group AB ranks #92 out of 232 companies in the Waste Management industry, placing it in the top 39.7%.
Is Norditek Group AB's ROE % too high?
Norditek Group AB's current ROE % of 4.21% is 59% below median its 10-year median of 10.18. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 13.47. The Waste Management industry median ROE % is 4.68. Norditek Group AB's value of 4.21% is 9.9% below this industry median. Based on the distribution chart, Norditek Group AB ranks #92 out of 232 companies in the Waste Management industry, which is above the industry midpoint. Overall, Norditek Group AB has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Norditek Group AB's ROE % compare to WM and RSG?
According to the Waste Management industry distribution chart, Norditek Group AB ranks #92 out of 232 companies for ROE %. This puts Norditek Group AB in the upper half of its industry. The industry median ROE % is 4.68. Norditek Group AB's value of 4.21% is 9.9% below this benchmark. Historically, Norditek Group AB's own ROE % has ranged from 0.97 to 13.47 over the past decade. While the company's 10-year median is 10.18 vs. the industry median of 4.68, Norditek Group AB has consistently been below the industry average. 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 Waste Management company?
The median ROE % among Waste Management companies is 4.68, based on 232 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. Norditek Group AB's current ROE % of 4.21% is 9.9% below 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 Norditek Group AB and its competitors. For the Waste Management industry, the median ROE % is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norditek Group AB's current ROE % is 4.21%, which is 59% below median its own 10-year median of 10.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norditek Group AB stock overvalued right now?
Based on GuruFocus' analysis, Norditek Group AB (OSTO:NOTEK) is currently considered Modestly Undervalued. The stock's GF Value™ is kr15.18, compared to a current price of kr10.80 — trading 28.9% below its estimated fair value. The current ROE % is 4.21%, which is 59% below median its 10-year median of 10.18 and 9.9% below the Waste Management industry median of 4.68. Norditek Group AB's overall GF Score™ is 58/100 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 Norditek Group AB (OSTO:NOTEK), the current ROE % is 4.21% as of Feb. 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 Norditek Group AB (OSTO:NOTEK) Overvalued in 2026?

Based on GuruFocus' analysis, Norditek Group AB stock appears to be undervalued. The current stock price of kr10.80 is trading 28.9% below its estimated GF Value™ of kr15.18. GuruFocus considers Norditek Group AB to be Modestly Undervalued.

Key valuation signals for OSTO:NOTEK:

  • ROE %: 4.21% (59% below median its 10-year median of 10.18)
  • GF Value™: kr15.18 vs. price of kr10.80 (28.9% below fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 9.9% below the Waste Management median (#92 of 232)

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


Norditek Group AB Business Description

Address Stora Avagen 21, Askim, Gothenburg, SWE, 436 34
Norditek Group AB is an environmental technology company with a focus on mobile and flexiblerecycling facilities in the Waste, Gravel & Rock and Biomass segments.
58GF Score

Get the complete analysis for OSTO:NOTEK

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

kr10.80
Price
kr15.18
GF Value