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Bong ABFRA:20L 32 Return-on-Tangible-Asset is -0.70% as of Mar. 2026. GuruFocus rates FRA:20L with a GF Score™ of 32/100 and a GF Value™ of €0.03. The stock has 4 warning signs investors should review. Among 403 Packaging & Containers companies, Bong AB ranks worse than 85.86% 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. Bong AB's annualizedNet Income for the quarter that ended in Mar. 2026 was €-0.6 Mil. Bong AB's average total tangible assets for the quarter that ended in Mar. 2026 was €90.4 Mil. Therefore, Bong AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.70%.
The historical rank and industry rank for Bong AB's Return-on-Tangible-Asset or its related term are showing as below:
FRA:20L'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -15.14 Med: -1.17 Max: 25.3
Current: -3.12
During the past 13 years, Bong AB's highest Return-on-Tangible-Asset was 25.30%. The lowest was -15.14%. And the median was -1.17%.
FRA:20L's Return-on-Tangible-Asset is ranked worse than 85.86% of 403
companies
in the Packaging & Containers industry
Industry Median: 2.91
vs FRA:20L: -3.12
Bong AB (FRA:20L) 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.
Bong AB Return-on-Tangible-Asset Related Terms
Bong AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Bong 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.
FRA:20L vs SW, PKG, IP: Return-on-Tangible-Asset Comparison
For the Packaging & Containers subindustry, Bong 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.
Bong AB Return-on-Tangible-Asset vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Bong AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Bong AB'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 -0.70% mean?
Bong AB (FRA:20L) has a Return-on-Tangible-Asset of -0.70% 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 Bong AB and its competitors. According to the industry distribution chart, Bong AB ranks #346 out of 403 companies in the Packaging & Containers industry, placing it in the top 85.9%.
Is Bong AB's Return-on-Tangible-Asset too high?
Bong AB's current Return-on-Tangible-Asset is -0.70%. Based on the distribution chart, Bong AB ranks #346 out of 403 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Bong AB has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Bong AB's Return-on-Tangible-Asset compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Bong AB ranks #346 out of 403 companies for Return-on-Tangible-Asset. This places Bong AB in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.91. 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 Packaging & Containers company?
The median Return-on-Tangible-Asset among Packaging & Containers companies is 2.91, based on 403 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 Bong AB and its competitors. For the Packaging & Containers industry, the median Return-on-Tangible-Asset is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bong AB's current Return-on-Tangible-Asset is -0.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bong AB stock overvalued right now?
Bong AB (FRA:20L) has a current Return-on-Tangible-Asset of -0.70%. The stock's GF Value™ is €0.03, compared to a current price of €0.01 — trading 54.7% below its estimated fair value. The current Return-on-Tangible-Asset is -0.70%. Bong AB's overall GF Score™ is 32/100 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 Bong AB (FRA:20L), the current Return-on-Tangible-Asset is -0.70% 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 Bong AB (FRA:20L) Overvalued in 2026?
Based on GuruFocus' analysis, Bong AB stock appears to be undervalued.
The current stock price of €0.01 is trading 54.7% below its estimated GF Value™ of €0.03.
Key valuation signals for FRA:20L:
Return-on-Tangible-Asset: -0.70%
GF Value™: €0.03 vs. price of €0.01 (54.7% below fair value)
No single metric tells the full story. See the FRA:20L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bong AB is a Sweden-based company providing specialized packaging and envelope products. It also offers solutions for the distribution and packaging of information, advertising materials, and lightweight goods. It offers a variety of shapes and sizes in the envelopes, including standard and customized envelopes, gift packaging, and retail packaging products. The operating segments of the company related to its geographical areas of operations and include Nordic, Central Europe, South Europe and North Africa, and the United Kingdom. The majority of its revenue is generated from the Central Europe region, which includes revenue generated from its business in Germany, Poland, Belgium, and Romania.
32GF 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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