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Bouvet ASAFRA:BV4 80 Return-on-Tangible-Asset is 23.38% as of Mar. 2026, which is 9% above its 10-year median of 21.40. GuruFocus rates FRA:BV4 with a GF Score™ of 80/100 and a GF Value™ of €6.20 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,891 Software companies, Bouvet ASA ranks better than 91.04% 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. Bouvet ASA's annualizedNet Income for the quarter that ended in Mar. 2026 was €34.8 Mil. Bouvet ASA's average total tangible assets for the quarter that ended in Mar. 2026 was €149.0 Mil. Therefore, Bouvet ASA's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 23.38%.
The historical rank and industry rank for Bouvet ASA's Return-on-Tangible-Asset or its related term are showing as below:
FRA:BV4'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 17.17 Med: 21.4 Max: 23.74
Current: 19.6
During the past 13 years, Bouvet ASA's highest Return-on-Tangible-Asset was 23.74%. The lowest was 17.17%. And the median was 21.40%.
FRA:BV4's Return-on-Tangible-Asset is ranked better than 91.04% of 2891
companies
in the Software industry
Industry Median: 2.07
vs FRA:BV4: 19.60
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.
Bouvet ASA Return-on-Tangible-Asset Related Terms
Bouvet ASA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Bouvet 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.
FRA:BV4 vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, Bouvet 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.
Bouvet ASA Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Bouvet ASA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Bouvet 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 23.38% mean?
Bouvet ASA (FRA:BV4) has a Return-on-Tangible-Asset of 23.38% 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 Bouvet ASA and its competitors. This is near median its historical median of 21.40. Over the past decade, Bouvet ASA's Return-on-Tangible-Asset has ranged from 17.17 to 23.74. According to the industry distribution chart, Bouvet ASA ranks #259 out of 2891 companies in the Software industry, placing it in the top 9%.
Is Bouvet ASA's Return-on-Tangible-Asset too high?
Bouvet ASA's current Return-on-Tangible-Asset of 23.38% is near median its 10-year median of 21.40. Over the past 10 years, this metric has ranged from a low of 17.17 to a high of 23.74. The Software industry median Return-on-Tangible-Asset is 2.07. Bouvet ASA's value of 23.38% is 1029.5% above this industry median. Based on the distribution chart, Bouvet ASA ranks #259 out of 2891 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Bouvet ASA has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bouvet ASA's Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Bouvet ASA ranks #259 out of 2891 companies for Return-on-Tangible-Asset. This places Bouvet ASA in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.07. Bouvet ASA's value of 23.38% is 1029.5% above this benchmark. Historically, Bouvet ASA's own Return-on-Tangible-Asset has ranged from 17.17 to 23.74 over the past decade. While the company's 10-year median is 21.40 vs. the industry median of 2.07, Bouvet 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.07, based on 2,891 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. Bouvet ASA's current Return-on-Tangible-Asset of 23.38% is 1029.5% 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 Bouvet ASA and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bouvet ASA's current Return-on-Tangible-Asset is 23.38%, which is near median its own 10-year median of 21.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bouvet ASA stock overvalued right now?
Based on GuruFocus' analysis, Bouvet ASA (FRA:BV4) is currently considered Possible Value Trap. The stock's GF Value™ is €6.20, compared to a current price of €4.03 — trading 35% below its estimated fair value. The current Return-on-Tangible-Asset is 23.38%, which is near median its 10-year median of 21.40 and 1029.5% above the Software industry median of 2.07. Bouvet ASA's overall GF Score™ is 80/100 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 Bouvet ASA (FRA:BV4), the current Return-on-Tangible-Asset is 23.38% 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 Bouvet ASA (FRA:BV4) Overvalued in 2026?
Based on GuruFocus' analysis, Bouvet ASA stock appears to be undervalued.
The current stock price of €4.03 is trading 35% below its estimated GF Value™ of €6.20.
GuruFocus considers Bouvet ASA to be Possible Value Trap.
Key valuation signals for FRA:BV4:
Return-on-Tangible-Asset: 23.38% (near median its 10-year median of 21.40)
GF Value™: €6.20 vs. price of €4.03 (35% below fair value)
Industry Position: 1029.5% above the Software median (#259 of 2891)
No single metric tells the full story. See the FRA:BV4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bouvet ASA is a consultancy company that provides advice in the field of information technology and digital communication. It helps enterprises shape digital solutions that create efficiency and new business opportunities. The company caters to both private and public-sector players. Some of the business sectors that it caters to include Power supply, Industry, Oil and gas, Public admin, Transportation, Retail, Information and communication, Service industry, and Health. The company's geographical segments are Norway, Sweden, and other countries, of which the vast majority of its revenue comes from Norway.
80GF Score
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