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AKVA Group ASAAKASF 78 Return-on-Tangible-Asset is 8.70% as of Mar. 2026, which is 121% above its 10-year median of 3.93. GuruFocus rates AKASF with a GF Score™ of 78/100 and a GF Value™ of $3.84. The stock has 8 warning signs investors should review. Among 212 Farm & Heavy Construction Machinery companies, AKVA Group ASA ranks better than 74.53% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. AKVA Group ASA's annualizedNet Income for the quarter that ended in Mar. 2026 was $23.1 Mil. AKVA Group ASA's average total tangible assets for the quarter that ended in Mar. 2026 was $265.5 Mil. Therefore, AKVA Group ASA's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 8.70%.
The historical rank and industry rank for AKVA Group ASA's Return-on-Tangible-Asset or its related term are showing as below:
AKASF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.14 Med: 3.93 Max: 10.52
Current: 7.44
During the past 13 years, AKVA Group ASA's highest Return-on-Tangible-Asset was 10.52%. The lowest was -5.14%. And the median was 3.93%.
AKASF's Return-on-Tangible-Asset is ranked better than 74.53% of 212
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 4.01
vs AKASF: 7.44
AKVA Group ASA (OTCPK:AKASF) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
AKVA Group ASA Return-on-Tangible-Asset Related Terms
AKVA Group ASA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for AKVA Group ASA's Return-on-Tangible-Asset 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.
AKASF vs CAT, DE, PCAR: Return-on-Tangible-Asset Comparison
For the Farm & Heavy Construction Machinery subindustry, AKVA Group ASA's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
AKVA Group ASA Return-on-Tangible-Asset vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, AKVA Group ASA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where AKVA Group ASA's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets 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.
What does a Return-on-Tangible-Asset of 8.70% mean?
AKVA Group ASA (AKASF) has a Return-on-Tangible-Asset of 8.70% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on AKVA Group ASA and its competitors. This is 121% above median its historical median of 3.93. According to the industry distribution chart, AKVA Group ASA ranks #54 out of 212 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 25.5%.
Is AKVA Group ASA's Return-on-Tangible-Asset too high?
AKVA Group ASA's current Return-on-Tangible-Asset of 8.70% is 121% above median its 10-year median of 3.93. The Farm & Heavy Construction Machinery industry median Return-on-Tangible-Asset is 4.01. AKVA Group ASA's value of 8.70% is 117% above this industry median. Based on the distribution chart, AKVA Group ASA ranks #54 out of 212 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, AKVA Group ASA has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does AKVA Group ASA's Return-on-Tangible-Asset compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, AKVA Group ASA ranks #54 out of 212 companies for Return-on-Tangible-Asset. This puts AKVA Group ASA in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.01. AKVA Group ASA's value of 8.70% is 117% above this benchmark. While the company's 10-year median is 3.93 vs. the industry median of 4.01, AKVA Group ASA has consistently been above 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 Return-on-Tangible-Asset for a Farm & Heavy Construction Machinery company?
The median Return-on-Tangible-Asset among Farm & Heavy Construction Machinery companies is 4.01, based on 212 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AKVA Group ASA's current Return-on-Tangible-Asset of 8.70% is 117% above 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on AKVA Group ASA and its competitors. For the Farm & Heavy Construction Machinery industry, the median Return-on-Tangible-Asset is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AKVA Group ASA's current Return-on-Tangible-Asset is 8.70%, which is 121% above median its own 10-year median of 3.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AKVA Group ASA stock overvalued right now?
AKVA Group ASA (AKASF) has a current Return-on-Tangible-Asset of 8.70%. The stock's GF Value™ is $3.84, compared to a current price of $5.46 — trading 42.2% above its estimated fair value. The current Return-on-Tangible-Asset is 8.70%, which is 121% above median its 10-year median of 3.93 and 117% above the Farm & Heavy Construction Machinery industry median of 4.01. AKVA Group ASA's overall GF Score™ is 78/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For AKVA Group ASA (AKASF), the current Return-on-Tangible-Asset is 8.70% 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 AKVA Group ASA (AKASF) Overvalued in 2026?
Based on GuruFocus' analysis, AKVA Group ASA stock appears to be overvalued.
The current stock price of $5.46 is trading 42.2% above its estimated GF Value™ of $3.84.
Key valuation signals for AKASF:
Return-on-Tangible-Asset: 8.70% (121% above median its 10-year median of 3.93)
GF Value™: $3.84 vs. price of $5.46 (42.2% above fair value)
Industry Position: 117% above the Farm & Heavy Construction Machinery median (#54 of 212)
No single metric tells the full story. See the AKASF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AKVA Group ASA is a technology and service partner in the aquaculture industry. The company has three operating segments; Sea-Based Technology includes products like feed barges, fish farming cages, feed systems, nets, sensors, cameras, light systems, net cleaning systems, and remotely operating vehicles, Land Based Technology includes Recirculation technology that allows re-use of the water by cleaning the water and restoring important water quality parameters, using water treatment technology, and Digital includes products like FishtalkTM, AKVAconnect, and Observe. The FishtalkTM software includes brands such as Production control, planning, traceability, and ERP software for both the aquaculture and the fishing industry.
78GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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