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Norconsult ASACHIX:NORCOO 62 Return-on-Tangible-Asset is 12.24% as of Mar. 2026, which is 38% above its 10-year median of 8.86. GuruFocus rates CHIX:NORCOO with a GF Score™ of 62/100 and a GF Value™ of kr41.18. The stock has 3 warning signs investors should review. Among 1,781 Construction companies, Norconsult ASA ranks better than 84.95% 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. Norconsult ASA's annualizedNet Income for the quarter that ended in Mar. 2026 was kr772 Mil. Norconsult ASA's average total tangible assets for the quarter that ended in Mar. 2026 was kr6,309 Mil. Therefore, Norconsult ASA's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 12.24%.
The historical rank and industry rank for Norconsult ASA's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:NORCOo'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.73 Med: 8.86 Max: 12.18
Current: 9.77
During the past 7 years, Norconsult ASA's highest Return-on-Tangible-Asset was 12.18%. The lowest was 6.73%. And the median was 8.86%.
CHIX:NORCOo's Return-on-Tangible-Asset is ranked better than 84.95% of 1781
companies
in the Construction industry
Industry Median: 3.04
vs CHIX:NORCOo: 9.77
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.
Norconsult ASA Return-on-Tangible-Asset Related Terms
Norconsult ASA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Norconsult 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.
CHIX:NORCOO vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Norconsult 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.
Norconsult ASA Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Norconsult ASA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Norconsult 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 12.24% mean?
Norconsult ASA (CHIX:NORCOO) has a Return-on-Tangible-Asset of 12.24% 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 Norconsult ASA and its competitors. This is 38% above median its historical median of 8.86. Over the past decade, Norconsult ASA's Return-on-Tangible-Asset has ranged from 6.73 to 12.18. According to the industry distribution chart, Norconsult ASA ranks #268 out of 1781 companies in the Construction industry, placing it in the top 15%.
Is Norconsult ASA's Return-on-Tangible-Asset too high?
Norconsult ASA's current Return-on-Tangible-Asset of 12.24% is 38% above median its 10-year median of 8.86. Over the past 10 years, this metric has ranged from a low of 6.73 to a high of 12.18. The Construction industry median Return-on-Tangible-Asset is 3.04. Norconsult ASA's value of 12.24% is 302.6% above this industry median. Based on the distribution chart, Norconsult ASA ranks #268 out of 1781 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Norconsult ASA has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Norconsult ASA's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Norconsult ASA ranks #268 out of 1781 companies for Return-on-Tangible-Asset. This places Norconsult ASA in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.04. Norconsult ASA's value of 12.24% is 302.6% above this benchmark. Historically, Norconsult ASA's own Return-on-Tangible-Asset has ranged from 6.73 to 12.18 over the past decade. While the company's 10-year median is 8.86 vs. the industry median of 3.04, Norconsult 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.04, based on 1,781 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. Norconsult ASA's current Return-on-Tangible-Asset of 12.24% is 302.6% 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 Norconsult ASA and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norconsult ASA's current Return-on-Tangible-Asset is 12.24%, which is 38% above median its own 10-year median of 8.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norconsult ASA stock overvalued right now?
Norconsult ASA (CHIX:NORCOO) has a current Return-on-Tangible-Asset of 12.24%. The stock's GF Value™ is kr41.18, compared to a current price of kr35.15 — trading 14.6% below its estimated fair value. The current Return-on-Tangible-Asset is 12.24%, which is 38% above median its 10-year median of 8.86 and 302.6% above the Construction industry median of 3.04. Norconsult ASA's overall GF Score™ is 62/100 with 3 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 Norconsult ASA (CHIX:NORCOO), the current Return-on-Tangible-Asset is 12.24% 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 Norconsult ASA (CHIX:NORCOO) Overvalued in 2026?
Based on GuruFocus' analysis, Norconsult ASA stock appears to be undervalued.
The current stock price of kr35.15 is trading 14.6% below its estimated GF Value™ of kr41.18.
Key valuation signals for CHIX:NORCOO:
Return-on-Tangible-Asset: 12.24% (38% above median its 10-year median of 8.86)
GF Value™: kr41.18 vs. price of kr35.15 (14.6% below fair value)
Industry Position: 302.6% above the Construction median (#268 of 1781)
No single metric tells the full story. See the CHIX:NORCOO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norconsult ASA is principally engaged in the provision of planning and consultancy services for all phases of social planning, engineering design, and architecture projects. The Group also develops and distributes complete IT solutions for project, building, and facility management for infrastructure and property and follow up on clients all the way from the development of ideas and concepts, through planning and engineering design to operation and monitoring. Geographically , the company operates in Norway, Sweden, Denmark, Iceland, Poland and Finland regions.
62GF Score
Get the complete analysis for CHIX:NORCOO
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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