Entra ASA (FRA:2EN) Return-on-Tangible-Asset: -5.23% (As of Jun. 2026)

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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.

FRA:2EN Entra ASA FRA:2EN
71 GF Score
Price €9.54
GF Value €9.96
Valuation Fairly Valued
! 6 Warning Signs
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What is Entra ASA Return-on-Tangible-Asset?

Entra ASA FRA:2EN +0.42% 71 Return-on-Tangible-Asset is -5.23% as of Jun. 2026. GuruFocus rates FRA:2EN with a GF Score™ of 71/100 and a GF Value™ of €9.96 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,800 Real Estate companies, Entra ASA ranks worse than 69.06% 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. Entra ASA's annualized Net Income for the quarter that ended in Jun. 2026 was €-303.6 Mil. Entra ASA's average total tangible assets for the quarter that ended in Jun. 2026 was €5,804.4 Mil. Therefore, Entra ASA's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -5.23%.

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

FRA:2EN' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.01   Med: 5.78   Max: 10.88
Current: -0.15

During the past 13 years, Entra ASA's highest Return-on-Tangible-Asset was 10.88%. The lowest was -7.01%. And the median was 5.78%.

FRA:2EN's Return-on-Tangible-Asset is ranked worse than
69.06% of 1800 companies
in the Real Estate industry
Industry Median: 1.76 vs FRA:2EN: -0.15

Entra ASA  (FRA:2EN) 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.


Entra ASA Return-on-Tangible-Asset Related Terms


Entra ASA Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Entra 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.

Entra ASA Return-on-Tangible-Asset Chart

Entra ASA 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 7.99 -0.82 -6.66 0.02 1.77

Entra ASA 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 2.44 1.36 2.09 1.08 -5.23

FRA:2EN vs CBRE, BEKE, JLL: Return-on-Tangible-Asset Comparison

For the Real Estate Services subindustry, Entra 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.


Entra ASA Return-on-Tangible-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Entra ASA's Return-on-Tangible-Asset distribution charts can be found below:

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


FRA:2EN
71GF Score
Entra ASA FRA:2EN
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Entra ASA Return-on-Tangible-Asset Calculation

Entra ASA'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 )
=97.34/( (5485.607+5515.017)/ 2 )
=97.34/5500.312
=1.77 %

Entra ASA'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 )
=-303.624/( (5821.595+5787.24)/ 2 )
=-303.624/5804.4175
=-5.23 %

* 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 -5.23% mean?
Entra ASA (FRA:2EN) has a Return-on-Tangible-Asset of -5.23% 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 Entra ASA and its competitors. According to the industry distribution chart, Entra ASA ranks #1243 out of 1800 companies in the Real Estate industry, placing it in the top 69.1%.
Is Entra ASA's Return-on-Tangible-Asset too high?
Entra ASA's current Return-on-Tangible-Asset is -5.23%. Based on the distribution chart, Entra ASA ranks #1243 out of 1800 companies in the Real Estate industry, which is below the industry midpoint. Overall, Entra ASA has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Entra ASA's Return-on-Tangible-Asset compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Entra ASA ranks #1243 out of 1800 companies for Return-on-Tangible-Asset. This places Entra ASA in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.76. 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.76, based on 1,800 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 Entra ASA and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Entra ASA's current Return-on-Tangible-Asset is -5.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Entra ASA stock overvalued right now?
Based on GuruFocus' analysis, Entra ASA (FRA:2EN) is currently considered Fairly Valued. The stock's GF Value™ is €9.96, compared to a current price of €9.54 — trading 4.2% below its estimated fair value. The current Return-on-Tangible-Asset is -5.23%. Entra ASA's overall GF Score™ is 71/100 with 6 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 Entra ASA (FRA:2EN), the current Return-on-Tangible-Asset is -5.23% 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 Entra ASA (FRA:2EN) Overvalued in 2026?

Based on GuruFocus' analysis, Entra ASA stock appears to be undervalued. The current stock price of €9.54 is trading 4.2% below its estimated GF Value™ of €9.96. GuruFocus considers Entra ASA to be Fairly Valued.

Key valuation signals for FRA:2EN:

  • Return-on-Tangible-Asset: -5.23%
  • GF Value™: €9.96 vs. price of €9.54 (4.2% below fair value)
  • GF Score™: 71/100 with 6 warning signs

No single metric tells the full story. See the FRA:2EN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Entra ASA Business Description

Address Biskop Gunnerus Gate 14A, Oslo, NOR, 0185
Entra ASA owns, develops, and manages properties in Norway. It is a commercial real estate company, focusing on large, high-quality, flexible, and environmentally friendly office properties in clusters around central public transportation hubs in the cities in Norway. The property portfolio is divided into five different geographic areas: Bergen, Oslo, Stavanger, Drammen, and Sandvika. The company leases its properties to the public sector. Rental income accounts for nearly all the company's operating revenue. It also generates income through property appreciation and sale.
71GF Score

Get the complete analysis for FRA:2EN

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

€9.54
Price
€9.96
GF Value