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DNB Bank ASACHIX:DNBO +0.49%72 Return-on-Tangible-Asset is 1.02% as of Jun. 2026, which is 10% above its 10-year median of 0.93. GuruFocus rates CHIX:DNBO with a GF Score™ of 72/100 and a GF Value™ of kr268.12 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,532 Banks companies, DNB Bank ASA ranks better than 58.88% 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. DNB Bank ASA's annualizedNet Income for the quarter that ended in Jun. 2026 was kr39,244 Mil. DNB Bank ASA's average total tangible assets for the quarter that ended in Jun. 2026 was kr3,836,552 Mil. Therefore, DNB Bank ASA's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 1.02%.
The historical rank and industry rank for DNB Bank ASA's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:DNBo'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.7 Med: 0.93 Max: 1.3
Current: 1.12
During the past 13 years, DNB Bank ASA's highest Return-on-Tangible-Asset was 1.30%. The lowest was 0.70%. And the median was 0.93%.
CHIX:DNBo's Return-on-Tangible-Asset is ranked better than 58.88% of 1532
companies
in the Banks industry
Industry Median: 0.99
vs CHIX:DNBo: 1.12
DNB Bank ASA (CHIX:DNBo) 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.
DNB Bank ASA Return-on-Tangible-Asset Related Terms
DNB Bank ASA Return-on-Tangible-Asset Historical Data
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The historical data trend for DNB Bank 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.
DNB Bank ASA Return-on-Tangible-Asset Competitor Comparison
For the Banks - Regional subindustry, DNB Bank 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.
DNB Bank ASA Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, DNB Bank ASA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where DNB Bank 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 1.02% mean?
DNB Bank ASA (CHIX:DNBO) has a Return-on-Tangible-Asset of 1.02% 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 DNB Bank ASA and its competitors. This is 10% above median its historical median of 0.93. Over the past decade, DNB Bank ASA's Return-on-Tangible-Asset has ranged from 0.70 to 1.30. According to the industry distribution chart, DNB Bank ASA ranks #630 out of 1532 companies in the Banks industry, placing it in the top 41.1%.
Is DNB Bank ASA's Return-on-Tangible-Asset too high?
DNB Bank ASA's current Return-on-Tangible-Asset of 1.02% is 10% above median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 1.30. The Banks industry median Return-on-Tangible-Asset is 0.99. DNB Bank ASA's value of 1.02% is 3% above this industry median. Based on the distribution chart, DNB Bank ASA ranks #630 out of 1532 companies in the Banks industry, which is above the industry midpoint. Overall, DNB Bank ASA has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DNB Bank ASA's Return-on-Tangible-Asset compare to competitors?
According to the Banks industry distribution chart, DNB Bank ASA ranks #630 out of 1532 companies for Return-on-Tangible-Asset. This puts DNB Bank ASA in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.99. DNB Bank ASA's value of 1.02% is 3% above this benchmark. Historically, DNB Bank ASA's own Return-on-Tangible-Asset has ranged from 0.70 to 1.30 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 0.99, DNB Bank 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 Banks company?
The median Return-on-Tangible-Asset among Banks companies is 0.99, based on 1,532 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. DNB Bank ASA's current Return-on-Tangible-Asset of 1.02% is 3% 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 DNB Bank ASA and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DNB Bank ASA's current Return-on-Tangible-Asset is 1.02%, which is 10% above median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DNB Bank ASA stock overvalued right now?
Based on GuruFocus' analysis, DNB Bank ASA (CHIX:DNBO) is currently considered Modestly Overvalued. The stock's GF Value™ is kr268.12, compared to a current price of kr300.00 — trading 11.9% above its estimated fair value. The current Return-on-Tangible-Asset is 1.02%, which is 10% above median its 10-year median of 0.93 and 3% above the Banks industry median of 0.99. DNB Bank ASA's overall GF Score™ is 72/100 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 DNB Bank ASA (CHIX:DNBO), the current Return-on-Tangible-Asset is 1.02% 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 DNB Bank ASA (CHIX:DNBO) Overvalued in 2026?
Based on GuruFocus' analysis, DNB Bank ASA stock appears to be overvalued.
The current stock price of kr300.00 is trading 11.9% above its estimated GF Value™ of kr268.12.
GuruFocus considers DNB Bank ASA to be Modestly Overvalued.
Key valuation signals for CHIX:DNBO:
Return-on-Tangible-Asset: 1.02% (10% above median its 10-year median of 0.93)
GF Value™: kr268.12 vs. price of kr300.00 (11.9% above fair value)
Industry Position: 3% above the Banks median (#630 of 1532)
No single metric tells the full story. See the CHIX:DNBO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DNB Bank ASA is a Norwegian financial services group offering financial products and services, including loans and deposits, mutual funds and asset management, life insurance and pension savings, payment and financing services, real estate broking, and services related to the money and capital markets. DNB has the following operating segments: Personal customers, Corporate customers Norway, Large corporates and international customers, and Others. Maximum revenue is generated from its Large corporates and international customers business, which caters to corporate customers across different industries, providing them with various banking and advisory services as well as access to online and mobile banking, and other digital services. DNB derives maximum revenue from its Banking activities.
72GF Score
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