Scandinavian Tobacco Group ASCHIX:STGC 65 Return-on-Tangible-Asset is 2.27% as of Mar. 2026, which is 82% below its 10-year median of 12.60. GuruFocus rates CHIX:STGC with a GF Score™ of 65/100 and a GF Value™ of kr110.94. The stock has 8 warning signs investors should review. Among 49 Tobacco Products companies, Scandinavian Tobacco Group AS ranks worse than 53.06% on this metric.
The historical rank and industry rank for Scandinavian Tobacco Group AS's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:STGc'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.7 Med: 12.6 Max: 23.58
Current: 8.71
During the past 13 years, Scandinavian Tobacco Group AS's highest Return-on-Tangible-Asset was 23.58%. The lowest was 8.70%. And the median was 12.60%.
CHIX:STGc's Return-on-Tangible-Asset is ranked worse than 53.06% of 49
companies
in the Tobacco Products industry
Industry Median: 10.52
vs CHIX:STGc: 8.71
Scandinavian Tobacco Group AS (CHIX:STGc) 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.
Scandinavian Tobacco Group AS Return-on-Tangible-Asset Related Terms
Scandinavian Tobacco Group AS Return-on-Tangible-Asset Historical Data
* 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.
Scandinavian Tobacco Group AS Return-on-Tangible-Asset Chart
CHIX:STGC vs PM, MO, TPB: Return-on-Tangible-Asset Comparison
For the Tobacco subindustry, Scandinavian Tobacco Group AS'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.
Scandinavian Tobacco Group AS Return-on-Tangible-Asset vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Scandinavian Tobacco Group AS's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Scandinavian Tobacco Group AS'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 2.27% mean?
Scandinavian Tobacco Group AS (CHIX:STGC) has a Return-on-Tangible-Asset of 2.27% 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 Scandinavian Tobacco Group AS and its competitors. This is 82% below median its historical median of 12.60. Over the past decade, Scandinavian Tobacco Group AS's Return-on-Tangible-Asset has ranged from 8.70 to 23.58. According to the industry distribution chart, Scandinavian Tobacco Group AS ranks #26 out of 49 companies in the Tobacco Products industry, placing it in the top 53.1%.
Is Scandinavian Tobacco Group AS's Return-on-Tangible-Asset too high?
Scandinavian Tobacco Group AS's current Return-on-Tangible-Asset of 2.27% is 82% below median its 10-year median of 12.60. Over the past 10 years, this metric has ranged from a low of 8.70 to a high of 23.58. The Tobacco Products industry median Return-on-Tangible-Asset is 10.52. Scandinavian Tobacco Group AS's value of 2.27% is 78.4% below this industry median. Based on the distribution chart, Scandinavian Tobacco Group AS ranks #26 out of 49 companies in the Tobacco Products industry, which is below the industry midpoint. Overall, Scandinavian Tobacco Group AS has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Scandinavian Tobacco Group AS's Return-on-Tangible-Asset compare to PM and MO?
According to the Tobacco Products industry distribution chart, Scandinavian Tobacco Group AS ranks #26 out of 49 companies for Return-on-Tangible-Asset. This places Scandinavian Tobacco Group AS in the lower half of its industry. The industry median Return-on-Tangible-Asset is 10.52. Scandinavian Tobacco Group AS's value of 2.27% is 78.4% below this benchmark. Historically, Scandinavian Tobacco Group AS's own Return-on-Tangible-Asset has ranged from 8.70 to 23.58 over the past decade. While the company's 10-year median is 12.60 vs. the industry median of 10.52, Scandinavian Tobacco Group AS has consistently been below 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 Tobacco Products company?
The median Return-on-Tangible-Asset among Tobacco Products companies is 10.52, based on 49 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. Scandinavian Tobacco Group AS's current Return-on-Tangible-Asset of 2.27% is 78.4% below 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 Scandinavian Tobacco Group AS and its competitors. For the Tobacco Products industry, the median Return-on-Tangible-Asset is 10.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scandinavian Tobacco Group AS's current Return-on-Tangible-Asset is 2.27%, which is 82% below median its own 10-year median of 12.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scandinavian Tobacco Group AS stock overvalued right now?
Scandinavian Tobacco Group AS (CHIX:STGC) has a current Return-on-Tangible-Asset of 2.27%. The stock's GF Value™ is kr110.94, compared to a current price of kr66.80 — trading 39.8% below its estimated fair value. The current Return-on-Tangible-Asset is 2.27%, which is 82% below median its 10-year median of 12.60 and 78.4% below the Tobacco Products industry median of 10.52. Scandinavian Tobacco Group AS's overall GF Score™ is 65/100 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 Scandinavian Tobacco Group AS (CHIX:STGC), the current Return-on-Tangible-Asset is 2.27% 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 Scandinavian Tobacco Group AS (CHIX:STGC) Overvalued in 2026?
Based on GuruFocus' analysis, Scandinavian Tobacco Group AS stock appears to be undervalued.
The current stock price of kr66.80 is trading 39.8% below its estimated GF Value™ of kr110.94.
Key valuation signals for CHIX:STGC:
Return-on-Tangible-Asset: 2.27% (82% below median its 10-year median of 12.60)
GF Value™: kr110.94 vs. price of kr66.80 (39.8% below fair value)
Industry Position: 78.4% below the Tobacco Products median (#26 of 49)
No single metric tells the full story. See the CHIX:STGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scandinavian Tobacco Group AS Business Description
Scandinavian Tobacco Group AS offers cigars, pipe tobacco, and accessories in North America, Europe, and Australia. It operates in three segments: North America online and retail, which includes direct to consumer sales of all product categories sold via the online, catalogue and retail channel in North America. North America branded and the Rest of the World, which provides its products to wholesalers and distributors; Europe Branded comprises sale of all product categories to wholesalers, distributors and direct to retail in Germany, Denmark, Sweden, France, Italy, Belgium, the Netherlands, Luxembourg, Spain, Portugal, the UK, and Ireland.
65GF Score
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