ARCNF (K33 AB) Return-on-Tangible-Asset: -119.83% (As of Mar. 2026)


What is K33 AB Return-on-Tangible-Asset?

K33 AB ARCNF Return-on-Tangible-Asset is -119.83% as of Mar. 2026. The stock has 3 warning signs investors should review. Among 818 Capital Markets companies, K33 AB ranks worse than 96.09% 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. K33 AB's annualized Net Income for the quarter that ended in Mar. 2026 was $-15.4 Mil. K33 AB's average total tangible assets for the quarter that ended in Mar. 2026 was $12.8 Mil. Therefore, K33 AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -119.83%.

The historical rank and industry rank for K33 AB's Return-on-Tangible-Asset or its related term are showing as below:

ARCNF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -348.22   Med: -150.24   Max: -16.77
Current: -88.12

During the past 13 years, K33 AB's highest Return-on-Tangible-Asset was -16.77%. The lowest was -348.22%. And the median was -150.24%.

ARCNF's Return-on-Tangible-Asset is ranked worse than
96.09% of 818 companies
in the Capital Markets industry
Industry Median: 1.505 vs ARCNF: -88.12

K33 AB  (OTCPK:ARCNF) 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 company’s 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 company’s 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.


K33 AB Return-on-Tangible-Asset Related Terms


K33 AB Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for K33 AB'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.

K33 AB Return-on-Tangible-Asset Chart

K33 AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -184.77 -80.07 -148.16 -15.95 -94.81

K33 AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -121.71 -44.26 -17.57 -104.91 -119.83

ARCNF vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison

For the Capital Markets subindustry, K33 AB'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.


K33 AB Return-on-Tangible-Asset vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, K33 AB's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where K33 AB's Return-on-Tangible-Asset falls into.



K33 AB Return-on-Tangible-Asset Calculation

K33 AB's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-7.287/( (1.303+14.069)/ 2 )
=-7.287/7.686
=-94.81 %

K33 AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-15.376/( (14.069+11.593)/ 2 )
=-15.376/12.831
=-119.83 %

* 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 -119.83% mean?
K33 AB (ARCNF) has a Return-on-Tangible-Asset of -119.83% 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 K33 AB and its competitors. According to the industry distribution chart, K33 AB ranks #786 out of 818 companies in the Capital Markets industry, placing it in the top 96.1%.
Is K33 AB's Return-on-Tangible-Asset too high?
K33 AB's current Return-on-Tangible-Asset is -119.83%. Based on the distribution chart, K33 AB ranks #786 out of 818 companies in the Capital Markets industry, which is in the bottom quartile relative to peers.
How does K33 AB's Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, K33 AB ranks #786 out of 818 companies for Return-on-Tangible-Asset. This places K33 AB in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.51. 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 Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.51, based on 818 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. 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 K33 AB and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. K33 AB's current Return-on-Tangible-Asset is -119.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is K33 AB stock overvalued right now?
Based on GuruFocus' analysis, K33 AB (ARCNF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.01, compared to a current price of $0.00 — trading 80% below its estimated fair value. The current Return-on-Tangible-Asset is -119.83%. 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 K33 AB (ARCNF), the current Return-on-Tangible-Asset is -119.83% 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.

K33 AB Business Description

Other Exchanges K33:Sweden869:Germany
Address Munkedamsveien 45, Oslo, NOR, 0250
K33 AB is a holding company with broad exposure to the digital assets industry. The Company offers market execution, actionable insights, and superior support to private and institutional partners across EMEA.