Smartoptics Group ASASMOPF +0.63%89 ROE % is 3.02% as of Mar. 2026, which is 79% below its 10-year median of 14.71. GuruFocus rates SMOPF with a GF Score™ of 89/100 and a GF Value™ of $3.04 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,426 Hardware companies, Smartoptics Group ASA ranks better than 85.41% on this metric.
The historical rank and industry rank for Smartoptics Group ASA's ROE % or its related term are showing as below:
SMOPF'
s ROE % Range Over the Past 10 Years
Min: -0.66 Med: 14.71 Max: 27.91
Current: 16.42
During the past 8 years, Smartoptics Group ASA's highest ROE % was 27.91%. The lowest was -0.66%. And the median was 14.71%.
SMOPF's ROE % is ranked better than 85.41% of 2426
companies
in the Hardware industry
Industry Median: 4.59
vs SMOPF: 16.42
Smartoptics Group ASA (OTCPK:SMOPF) 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.
* 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 Communication Equipment subindustry, Smartoptics Group ASA'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.
Smartoptics Group ASA ROE % vs Hardware Industry
For the Hardware industry and Technology sector, Smartoptics Group ASA's ROE % distribution charts can be found below:
* The bar in red indicates where Smartoptics Group ASA'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.
Smartoptics Group ASA (SMOPF) has a ROE % of 3.02% 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 Smartoptics Group ASA and its competitors. This is 79% below median its historical median of 14.71. According to the industry distribution chart, Smartoptics Group ASA ranks #354 out of 2426 companies in the Hardware industry, placing it in the top 14.6%.
Is Smartoptics Group ASA's ROE % too high?
Smartoptics Group ASA's current ROE % of 3.02% is 79% below median its 10-year median of 14.71. The Hardware industry median ROE % is 4.59. Smartoptics Group ASA's value of 3.02% is 34.2% below this industry median. Based on the distribution chart, Smartoptics Group ASA ranks #354 out of 2426 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Smartoptics Group ASA has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Smartoptics Group ASA's ROE % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Smartoptics Group ASA ranks #354 out of 2426 companies for ROE %. This places Smartoptics Group ASA in the top 15% of its industry — outperforming the majority of peers. The industry median ROE % is 4.59. Smartoptics Group ASA's value of 3.02% is 34.2% below this benchmark. While the company's 10-year median is 14.71 vs. the industry median of 4.59, Smartoptics Group ASA 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 Hardware company?
The median ROE % among Hardware companies is 4.59, based on 2,426 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. Smartoptics Group ASA's current ROE % of 3.02% is 34.2% 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 Smartoptics Group ASA and its competitors. For the Hardware industry, the median ROE % is 4.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smartoptics Group ASA's current ROE % is 3.02%, which is 79% below median its own 10-year median of 14.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartoptics Group ASA stock overvalued right now?
Based on GuruFocus' analysis, Smartoptics Group ASA (SMOPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.04, compared to a current price of $5.15 — trading 69.4% above its estimated fair value. The current ROE % is 3.02%, which is 79% below median its 10-year median of 14.71 and 34.2% below the Hardware industry median of 4.59. Smartoptics Group ASA's overall GF Score™ is 89/100 with 2 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 Smartoptics Group ASA (SMOPF), the current ROE % is 3.02% 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 Smartoptics Group ASA (SMOPF) Overvalued in 2026?
Based on GuruFocus' analysis, Smartoptics Group ASA stock appears to be overvalued.
The current stock price of $5.15 is trading 69.4% above its estimated GF Value™ of $3.04.
GuruFocus considers Smartoptics Group ASA to be Significantly Overvalued.
Key valuation signals for SMOPF:
ROE %: 3.02% (79% below median its 10-year median of 14.71)
GF Value™: $3.04 vs. price of $5.15 (69.4% above fair value)
Industry Position: 34.2% below the Hardware median (#354 of 2426)
No single metric tells the full story. See the SMOPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Smartoptics Group ASA provides optical networking solutions and devices for open networking. The company has three main product categories: Solutions, Optical Devices, and Software & Services. These products are used to construct various Enterprise, Governmental, DCI, Metro, and Regional networks. The Solutions consist of the DCP-R family, DCP-F family, DCP-M family, transponders, and Muxponders, as well as transceivers used in connection with the System projects. Optical devices consist of transceivers, passive filters, and accessories that are sold independently of products in the Solutions offering. Software and Services are closely related to Solutions, as customers buy a complete solution including a Software and Services package. Geographically works in America, EMEA, and APAC.
89GF Score
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