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The historical rank and industry rank for Lightning Group AB's ROE % or its related term are showing as below:
XSAT:LIGR'
s ROE % Range Over the Past 10 Years
Min: -50.75 Med: -11.75 Max: 25.72
Current: -18.04
During the past 11 years, Lightning Group AB's highest ROE % was 25.72%. The lowest was -50.75%. And the median was -11.75%.
XSAT:LIGR's ROE % is ranked worse than 86.78% of 2429
companies
in the Hardware industry
Industry Median: 4.68
vs XSAT:LIGR: -18.04
Lightning Group AB (XSAT:LIGR) 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.
Lightning Group AB ROE % Related Terms
Lightning Group AB ROE % Historical Data
* Premium members only.
The historical data trend for Lightning 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.
For the Electronic Components subindustry, Lightning 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.
Lightning Group AB ROE % vs Hardware Industry
For the Hardware industry and Technology sector, Lightning Group AB's ROE % distribution charts can be found below:
* The bar in red indicates where Lightning Group AB'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.
Lightning Group AB (XSAT:LIGR) has a ROE % of -6.78% 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 Lightning Group AB and its competitors. According to the industry distribution chart, Lightning Group AB ranks #2108 out of 2429 companies in the Hardware industry, placing it in the top 86.8%.
Is Lightning Group AB's ROE % too high?
Lightning Group AB's current ROE % is -6.78%. Based on the distribution chart, Lightning Group AB ranks #2108 out of 2429 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Lightning Group AB has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lightning Group AB's ROE % compare to APH and GLW?
According to the Hardware industry distribution chart, Lightning Group AB ranks #2108 out of 2429 companies for ROE %. This places Lightning Group AB in the lower half of its industry. The industry median ROE % is 4.68. 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 4.68, based on 2,429 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 Lightning Group AB and its competitors. For the Hardware industry, the median ROE % is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lightning Group AB's current ROE % is -6.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lightning Group AB stock overvalued right now?
Based on GuruFocus' analysis, Lightning Group AB (XSAT:LIGR) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.56, compared to a current price of kr0.98 — trading 75% above its estimated fair value. The current ROE % is -6.78%. Lightning Group AB's overall GF Score™ is 37/100 with 6 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 Lightning Group AB (XSAT:LIGR), the current ROE % is -6.78% 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 Lightning Group AB (XSAT:LIGR) Overvalued in 2026?
Based on GuruFocus' analysis, Lightning Group AB stock appears to be overvalued.
The current stock price of kr0.98 is trading 75% above its estimated GF Value™ of kr0.56.
GuruFocus considers Lightning Group AB to be Significantly Overvalued.
Key valuation signals for XSAT:LIGR:
ROE %: -6.78%
GF Value™: kr0.56 vs. price of kr0.98 (75% above fair value)
No single metric tells the full story. See the XSAT:LIGR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lightning Group AB is a Holding company. Through its subsidiaries, It develops, designs and sells lighting control solutions for large and wireless projects. The company offers LED and LED control.
37GF Score
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