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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. Neobo Fastigheter AB's annualizedNet Income for the quarter that ended in Jun. 2026 was €-22.99 Mil. Neobo Fastigheter AB's average total tangible assets for the quarter that ended in Jun. 2026 was €1,271.97 Mil. Therefore, Neobo Fastigheter AB's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -1.81%.
The historical rank and industry rank for Neobo Fastigheter AB's Return-on-Tangible-Asset or its related term are showing as below:
FRA:4M2B'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.99 Med: -1.36 Max: 17.67
Current: 0.55
During the past 5 years, Neobo Fastigheter AB's highest Return-on-Tangible-Asset was 17.67%. The lowest was -8.99%. And the median was -1.36%.
FRA:4M2B's Return-on-Tangible-Asset is ranked worse than 61.56% of 1800
companies
in the Real Estate industry
Industry Median: 1.75
vs FRA:4M2B: 0.55
Neobo Fastigheter AB (FRA:4M2B) 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.
Neobo Fastigheter AB Return-on-Tangible-Asset Related Terms
Neobo Fastigheter AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Neobo Fastigheter 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.
Neobo Fastigheter AB Return-on-Tangible-Asset Chart
FRA:4M2B vs CBRE, BEKE, JLL: Return-on-Tangible-Asset Comparison
For the Real Estate Services subindustry, Neobo Fastigheter 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.
Neobo Fastigheter AB Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Neobo Fastigheter AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Neobo Fastigheter 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of -1.81% mean?
Neobo Fastigheter AB (FRA:4M2B) has a Return-on-Tangible-Asset of -1.81% 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 Neobo Fastigheter AB and its competitors. According to the industry distribution chart, Neobo Fastigheter AB ranks #1108 out of 1800 companies in the Real Estate industry, placing it in the top 61.6%.
Is Neobo Fastigheter AB's Return-on-Tangible-Asset too high?
Neobo Fastigheter AB's current Return-on-Tangible-Asset is -1.81%. Based on the distribution chart, Neobo Fastigheter AB ranks #1108 out of 1800 companies in the Real Estate industry, which is below the industry midpoint. Overall, Neobo Fastigheter AB has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Neobo Fastigheter AB's Return-on-Tangible-Asset compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Neobo Fastigheter AB ranks #1108 out of 1800 companies for Return-on-Tangible-Asset. This places Neobo Fastigheter AB in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.75. 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 1.75, 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 Neobo Fastigheter AB and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neobo Fastigheter AB's current Return-on-Tangible-Asset is -1.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neobo Fastigheter AB stock overvalued right now?
Based on GuruFocus' analysis, Neobo Fastigheter AB (FRA:4M2B) is currently considered Fairly Valued. The stock's GF Value™ is €1.64, compared to a current price of €1.69 — trading 3.3% above its estimated fair value. The current Return-on-Tangible-Asset is -1.81%. Neobo Fastigheter AB's overall GF Score™ is 60/100 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 Neobo Fastigheter AB (FRA:4M2B), the current Return-on-Tangible-Asset is -1.81% 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 Neobo Fastigheter AB (FRA:4M2B) Overvalued in 2026?
Based on GuruFocus' analysis, Neobo Fastigheter AB stock appears to be overvalued.
The current stock price of €1.69 is trading 3.3% above its estimated GF Value™ of €1.64.
GuruFocus considers Neobo Fastigheter AB to be Fairly Valued.
Key valuation signals for FRA:4M2B:
Return-on-Tangible-Asset: -1.81%
GF Value™: €1.64 vs. price of €1.69 (3.3% above fair value)
No single metric tells the full story. See the FRA:4M2B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neobo Fastigheter AB is a real estate company that long-term manages and refines rental properties in the majority of growth municipalities throughout Sweden. The company's business concept is to manage and improve housing in municipalities with population growth, a good employment rate and a stable rental market.
60GF Score
Get the complete analysis for FRA:4M2B
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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