Afry AB (CHIX:AFRYS) Return-on-Tangible-Asset: 6.28% (As of Jun. 2026) — 36% Below Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:AFRYS Afry AB CHIX:AFRYS
66 GF Score
Price kr112.50
GF Value kr158.73
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Afry AB Return-on-Tangible-Asset?

Afry AB CHIX:AFRYS 66 Return-on-Tangible-Asset is 6.28% as of Jun. 2026, which is 36% below its 10-year median of 9.77. GuruFocus rates CHIX:AFRYS with a GF Score™ of 66/100 and a GF Value™ of kr158.73 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,783 Construction companies, Afry AB ranks better than 72.69% 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. Afry AB's annualized Net Income for the quarter that ended in Jun. 2026 was kr776 Mil. Afry AB's average total tangible assets for the quarter that ended in Jun. 2026 was kr12,353 Mil. Therefore, Afry AB's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 6.28%.

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

CHIX:AFRYs' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.63   Med: 9.77   Max: 18.26
Current: 6.63

During the past 13 years, Afry AB's highest Return-on-Tangible-Asset was 18.26%. The lowest was 6.63%. And the median was 9.77%.

CHIX:AFRYs's Return-on-Tangible-Asset is ranked better than
72.69% of 1783 companies
in the Construction industry
Industry Median: 3.05 vs CHIX:AFRYs: 6.63

Afry AB  (CHIX:AFRYs) 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.


Afry AB Return-on-Tangible-Asset Related Terms


Afry AB Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Afry 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.

Afry AB Return-on-Tangible-Asset Chart

Afry 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 9.98 8.03 8.86 9.92 6.65

Afry AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.59 4.71 7.61 7.90 6.28

CHIX:AFRYS vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison

For the Engineering & Construction subindustry, Afry 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.


Afry AB Return-on-Tangible-Asset vs Construction Industry

For the Construction industry and Industrials sector, Afry AB's Return-on-Tangible-Asset distribution charts can be found below:

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


CHIX:AFRYS
66GF Score
Afry AB CHIX:AFRYS
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Afry AB Return-on-Tangible-Asset Calculation

Afry 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 )
=800/( (12378+11675)/ 2 )
=800/12026.5
=6.65 %

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

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=776/( (12616+12090)/ 2 )
=776/12353
=6.28 %

* 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 6.28% mean?
Afry AB (CHIX:AFRYS) has a Return-on-Tangible-Asset of 6.28% 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 Afry AB and its competitors. This is 36% below median its historical median of 9.77. Over the past decade, Afry AB's Return-on-Tangible-Asset has ranged from 6.63 to 18.26. According to the industry distribution chart, Afry AB ranks #487 out of 1783 companies in the Construction industry, placing it in the top 27.3%.
Is Afry AB's Return-on-Tangible-Asset too high?
Afry AB's current Return-on-Tangible-Asset of 6.28% is 36% below median its 10-year median of 9.77. Over the past 10 years, this metric has ranged from a low of 6.63 to a high of 18.26. The Construction industry median Return-on-Tangible-Asset is 3.05. Afry AB's value of 6.28% is 105.9% above this industry median. Based on the distribution chart, Afry AB ranks #487 out of 1783 companies in the Construction industry, which is above the industry midpoint. Overall, Afry AB has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Afry AB's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Afry AB ranks #487 out of 1783 companies for Return-on-Tangible-Asset. This puts Afry AB in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.05. Afry AB's value of 6.28% is 105.9% above this benchmark. Historically, Afry AB's own Return-on-Tangible-Asset has ranged from 6.63 to 18.26 over the past decade. While the company's 10-year median is 9.77 vs. the industry median of 3.05, Afry AB 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.05, based on 1,783 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. Afry AB's current Return-on-Tangible-Asset of 6.28% is 105.9% 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 Afry AB and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afry AB's current Return-on-Tangible-Asset is 6.28%, which is 36% below median its own 10-year median of 9.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afry AB stock overvalued right now?
Based on GuruFocus' analysis, Afry AB (CHIX:AFRYS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr158.73, compared to a current price of kr112.50 — trading 29.1% below its estimated fair value. The current Return-on-Tangible-Asset is 6.28%, which is 36% below median its 10-year median of 9.77 and 105.9% above the Construction industry median of 3.05. Afry AB's overall GF Score™ is 66/100 with 5 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 Afry AB (CHIX:AFRYS), the current Return-on-Tangible-Asset is 6.28% 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 Afry AB (CHIX:AFRYS) Overvalued in 2026?

Based on GuruFocus' analysis, Afry AB stock appears to be undervalued. The current stock price of kr112.50 is trading 29.1% below its estimated GF Value™ of kr158.73. GuruFocus considers Afry AB to be Modestly Undervalued.

Key valuation signals for CHIX:AFRYS:

  • Return-on-Tangible-Asset: 6.28% (36% below median its 10-year median of 9.77)
  • GF Value™: kr158.73 vs. price of kr112.50 (29.1% below fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 105.9% above the Construction median (#487 of 1783)

No single metric tells the full story. See the CHIX:AFRYS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Afry AB Business Description

Address Frosundaleden 2, Solna, Stockholm, SWE, SE-169 99
Afry AB is an engineering and consulting firm with projects in energy, industrial, and infrastructure markets. The business divisions of the company includes Hydro, Nuclear, Thermal, Transmission & Distribution, Renewables & Energy Storage, and Management Consulting. It constructs plants and provides market analysis for power generation, manufacturing facilities, and refining chemicals.
66GF Score

Get the complete analysis for CHIX:AFRYS

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr112.50
Price
kr158.73
GF Value