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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. Borregaard ASA's annualizedNet Income for the quarter that ended in Jun. 2026 was $-53.0 Mil. Borregaard ASA's average total tangible assets for the quarter that ended in Jun. 2026 was $1,013.7 Mil. Therefore, Borregaard ASA's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -5.23%.
The historical rank and industry rank for Borregaard ASA's Return-on-Tangible-Asset or its related term are showing as below:
BRRDF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.73 Med: 9.39 Max: 12.94
Current: 1.73
During the past 13 years, Borregaard ASA's highest Return-on-Tangible-Asset was 12.94%. The lowest was 1.73%. And the median was 9.39%.
BRRDF's Return-on-Tangible-Asset is ranked better than 68.49% of 1612
companies
in the Chemicals industry
Industry Median: 3.075
vs BRRDF: 1.73
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.
Borregaard ASA Return-on-Tangible-Asset Related Terms
Borregaard ASA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Borregaard 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.
BRRDF vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Borregaard 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.
Borregaard ASA Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Borregaard ASA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Borregaard 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of -5.23% mean?
Borregaard ASA (BRRDF) has a Return-on-Tangible-Asset of -5.23% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Borregaard ASA and its competitors. Over the past decade, Borregaard ASA's Return-on-Tangible-Asset has ranged from 1.73 to 12.94. According to the industry distribution chart, Borregaard ASA ranks #508 out of 1612 companies in the Chemicals industry, placing it in the top 31.5%.
Is Borregaard ASA's Return-on-Tangible-Asset too high?
Borregaard ASA's current Return-on-Tangible-Asset is -5.23%. Over the past 10 years, this metric has ranged from a low of 1.73 to a high of 12.94. Based on the distribution chart, Borregaard ASA ranks #508 out of 1612 companies in the Chemicals industry, which is above the industry midpoint. Overall, Borregaard ASA has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Borregaard ASA's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Borregaard ASA ranks #508 out of 1612 companies for Return-on-Tangible-Asset. This puts Borregaard ASA in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.08. Historically, Borregaard ASA's own Return-on-Tangible-Asset has ranged from 1.73 to 12.94 over the past decade. 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.08, based on 1,612 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 Borregaard ASA and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Borregaard ASA's current Return-on-Tangible-Asset is -5.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borregaard ASA stock overvalued right now?
Based on GuruFocus' analysis, Borregaard ASA (BRRDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $16.73, compared to a current price of $14.15 — trading 15.4% below its estimated fair value. The current Return-on-Tangible-Asset is -5.23%. Borregaard ASA's overall GF Score™ is 80/100 with 4 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 Borregaard ASA (BRRDF), the current Return-on-Tangible-Asset is -5.23% as of Jun. 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 Borregaard ASA (BRRDF) Overvalued in 2026?
Based on GuruFocus' analysis, Borregaard ASA stock appears to be undervalued.
The current stock price of $14.15 is trading 15.4% below its estimated GF Value™ of $16.73.
GuruFocus considers Borregaard ASA to be Modestly Undervalued.
Key valuation signals for BRRDF:
Return-on-Tangible-Asset: -5.23%
GF Value™: $16.73 vs. price of $14.15 (15.4% below fair value)
No single metric tells the full story. See the BRRDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Borregaard ASA makes and sells biochemicals and biomaterials designed to replace oil-based products. The company has three operating segments; BioSolutions segment develops, produces and sells biopolymers and bio vanillin from lignin used in Industries such as agrochemicals, batteries, industrial binders and construction. Bio vanillin is supplied to flavour and fragrance companies, as well as to the food and beverage industry, Biomaterials segment develops, produces and sells speciality cellulose mainly for use as a raw material in the production of cellulose ethers, cellulose acetate and other speciality products. It also includes cellulose fibrils for industrial applications, and the Fine Chemicals segment consists of fine chemical intermediates for contrast agents and bioethanol.
80GF 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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