Cardeon ABNGM:CARDEO 3-Year RORE % is -53.10 as of Dec. 2025. The stock has 4 warning signs investors should review. Among 1,536 Asset Management companies, Cardeon AB ranks worse than 80.73% on this metric.
Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments.
Cardeon AB's 3-Year RORE % for the quarter that ended in Dec. 2025 was -53.10%.
The industry rank for Cardeon AB's 3-Year RORE % or its related term are showing as below:
NGM:CARDEO's 3-Year RORE % is ranked worse than 80.73% of 1536
companies
in the Asset Management industry
Industry Median: 12.5
vs NGM:CARDEO: -53.10
Cardeon AB (NGM:CARDEO) 3-Year RORE % Explanation
Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.
There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.
Be Aware
Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.
Cardeon AB 3-Year RORE % Related Terms
Cardeon AB 3-Year RORE % Historical Data
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The historical data trend for Cardeon AB's 3-Year RORE % 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.
NGM:CARDEO vs BLK, BX, KKR: 3-Year RORE % Comparison
For the Asset Management subindustry, Cardeon AB's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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.
Cardeon AB 3-Year RORE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Cardeon AB's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Cardeon AB's 3-Year RORE % 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2025 and 3-year before.
Cardeon AB (NGM:CARDEO) has a 3-Year RORE % of -53.10 as of Dec. 2025. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Cardeon AB and its competitors. According to the industry distribution chart, Cardeon AB ranks #1240 out of 1536 companies in the Asset Management industry, placing it in the top 80.7%.
Is Cardeon AB's 3-Year RORE % too high?
Cardeon AB's current 3-Year RORE % is -53.10. Based on the distribution chart, Cardeon AB ranks #1240 out of 1536 companies in the Asset Management industry, which is in the bottom quartile relative to peers.
How does Cardeon AB's 3-Year RORE % compare to BLK and BX?
According to the Asset Management industry distribution chart, Cardeon AB ranks #1240 out of 1536 companies for 3-Year RORE %. This places Cardeon AB in the lower half of its industry. The industry median 3-Year RORE % is 12.50. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for an Asset Management company?
The median 3-Year RORE % among Asset Management companies is 12.50, based on 1,536 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % 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 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Cardeon AB and its competitors. For the Asset Management industry, the median 3-Year RORE % is 12.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cardeon AB's current 3-Year RORE % is -53.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cardeon AB stock overvalued right now?
Based on GuruFocus' analysis, Cardeon AB (NGM:CARDEO) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.01, compared to a current price of kr0.06 — trading 470% above its estimated fair value. The current 3-Year RORE % is -53.10. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Cardeon AB (NGM:CARDEO), the current 3-Year RORE % is -53.10 as of Dec. 2025. 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.
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