Ferronordic ABCHIX:FNMS 84 Price-to-Tangible-Book is 0.59 as of Jul. 08, 2026, which is 51% below its 10-year median of 1.21. GuruFocus rates CHIX:FNMS with a GF Score™ of 84/100 and a GF Value™ of kr50.99. The stock has 7 warning signs investors should review. Among 136 Industrial Distribution companies, Ferronordic AB ranks better than 66.18% on this metric.
The historical rank and industry rank for Ferronordic AB's Price-to-Tangible-Book or its related term are showing as below:
CHIX:FNMs'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.21 Med: 1.21 Max: 4.8
Current: 0.76
During the past 13 years, Ferronordic AB's highest Price to Tangible Book Ratio was 4.80. The lowest was 0.21. And the median was 1.21.
CHIX:FNMs's Price-to-Tangible-Book is ranked better than 66.18% of 136
companies
in the Industrial Distribution industry
Industry Median: 1.195
vs CHIX:FNMs: 0.76
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Ferronordic AB Price-to-Tangible-Book Related Terms
Ferronordic AB Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Ferronordic AB's Price-to-Tangible-Book 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.
CHIX:FNMS vs GWW, FAST, FERG: Price-to-Tangible-Book Comparison
For the Industrial Distribution subindustry, Ferronordic AB's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
Ferronordic AB Price-to-Tangible-Book vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Ferronordic AB's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Ferronordic AB's Price-to-Tangible-Book 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Ferronordic AB (CHIX:FNMS) has a Price-to-Tangible-Book of 0.59 as of Jul. 08, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Ferronordic AB and its competitors. This is 51% below median its historical median of 1.21. Over the past decade, Ferronordic AB's Price-to-Tangible-Book has ranged from 0.21 to 4.80. According to the industry distribution chart, Ferronordic AB ranks #46 out of 136 companies in the Industrial Distribution industry, placing it in the top 33.8%.
Is Ferronordic AB's Price-to-Tangible-Book too high?
Ferronordic AB's current Price-to-Tangible-Book of 0.59 is 51% below median its 10-year median of 1.21. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 4.80. The Industrial Distribution industry median Price-to-Tangible-Book is 1.20. Ferronordic AB's value of 0.59 is 50.6% below this industry median. Based on the distribution chart, Ferronordic AB ranks #46 out of 136 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Ferronordic AB has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Ferronordic AB's Price-to-Tangible-Book compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Ferronordic AB ranks #46 out of 136 companies for Price-to-Tangible-Book. This puts Ferronordic AB in the upper half of its industry. The industry median Price-to-Tangible-Book is 1.20. Ferronordic AB's value of 0.59 is 50.6% below this benchmark. Historically, Ferronordic AB's own Price-to-Tangible-Book has ranged from 0.21 to 4.80 over the past decade. While the company's 10-year median is 1.21 vs. the industry median of 1.20, Ferronordic 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 Price-to-Tangible-Book for an Industrial Distribution company?
The median Price-to-Tangible-Book among Industrial Distribution companies is 1.20, based on 136 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ferronordic AB's current Price-to-Tangible-Book of 0.59 is 50.6% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Ferronordic AB and its competitors. For the Industrial Distribution industry, the median Price-to-Tangible-Book is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferronordic AB's current Price-to-Tangible-Book is 0.59, which is 51% below median its own 10-year median of 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferronordic AB stock overvalued right now?
Ferronordic AB (CHIX:FNMS) has a current Price-to-Tangible-Book of 0.59. The stock's GF Value™ is kr50.99, compared to a current price of kr45.90 — trading 10% below its estimated fair value. The current Price-to-Tangible-Book is 0.59, which is 51% below median its 10-year median of 1.21 and 50.6% below the Industrial Distribution industry median of 1.20. Ferronordic AB's overall GF Score™ is 84/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Ferronordic AB (CHIX:FNMS), the current Price-to-Tangible-Book is 0.59 as of Jul. 08, 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 Ferronordic AB (CHIX:FNMS) Overvalued in 2026?
Based on GuruFocus' analysis, Ferronordic AB stock appears to be undervalued.
The current stock price of kr45.90 is trading 10% below its estimated GF Value™ of kr50.99.
Key valuation signals for CHIX:FNMS:
Price-to-Tangible-Book: 0.59 (51% below median its 10-year median of 1.21)
GF Value™: kr50.99 vs. price of kr45.90 (10% below fair value)
Industry Position: 50.6% below the Industrial Distribution median (#46 of 136)
No single metric tells the full story. See the CHIX:FNMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ferronordic AB is engaged in the sales, rents, and services of construction equipment and other machinery. The company is an authorized dealer of Volvo Construction Equipment, Terex Trucks, Dressta, Mecalac, and Rottne and has also been appointed as an aftermarket dealer for Volvo and Renault Trucks and a dealer for Volvo Penta. The group has three reporting segments: USA, Germany and Kazakhstan. The majority of the revenue is generated from the USA segment.
84GF Score
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