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Mowi ASAFRA:PND +1.50%85 Return-on-Tangible-Asset is 8.18% as of Mar. 2026, which is 22% below its 10-year median of 10.55. GuruFocus rates FRA:PND with a GF Score™ of 85/100 and a GF Value™ of €19.84 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,997 Consumer Packaged Goods companies, Mowi ASA ranks better than 86.83% 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. Mowi ASA's annualizedNet Income for the quarter that ended in Mar. 2026 was €616 Mil. Mowi ASA's average total tangible assets for the quarter that ended in Mar. 2026 was €7,530 Mil. Therefore, Mowi ASA's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 8.18%.
The historical rank and industry rank for Mowi ASA's Return-on-Tangible-Asset or its related term are showing as below:
FRA:PND'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.6 Med: 10.55 Max: 15.28
Current: 12.38
During the past 13 years, Mowi ASA's highest Return-on-Tangible-Asset was 15.28%. The lowest was 2.60%. And the median was 10.55%.
FRA:PND's Return-on-Tangible-Asset is ranked better than 86.83% of 1997
companies
in the Consumer Packaged Goods industry
Industry Median: 3.43
vs FRA:PND: 12.38
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.
Mowi ASA Return-on-Tangible-Asset Related Terms
Mowi ASA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Mowi 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:PND vs ADM, BG, TSN: Return-on-Tangible-Asset Comparison
For the Farm Products subindustry, Mowi 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.
Mowi ASA Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Mowi ASA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Mowi 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 8.18% mean?
Mowi ASA (FRA:PND) has a Return-on-Tangible-Asset of 8.18% 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 Mowi ASA and its competitors. This is 22% below median its historical median of 10.55. Over the past decade, Mowi ASA's Return-on-Tangible-Asset has ranged from 2.60 to 15.28. According to the industry distribution chart, Mowi ASA ranks #263 out of 1997 companies in the Consumer Packaged Goods industry, placing it in the top 13.2%.
Is Mowi ASA's Return-on-Tangible-Asset too high?
Mowi ASA's current Return-on-Tangible-Asset of 8.18% is 22% below median its 10-year median of 10.55. Over the past 10 years, this metric has ranged from a low of 2.60 to a high of 15.28. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.43. Mowi ASA's value of 8.18% is 138.5% above this industry median. Based on the distribution chart, Mowi ASA ranks #263 out of 1997 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Mowi ASA has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mowi ASA's Return-on-Tangible-Asset compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Mowi ASA ranks #263 out of 1997 companies for Return-on-Tangible-Asset. This places Mowi ASA in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.43. Mowi ASA's value of 8.18% is 138.5% above this benchmark. Historically, Mowi ASA's own Return-on-Tangible-Asset has ranged from 2.60 to 15.28 over the past decade. While the company's 10-year median is 10.55 vs. the industry median of 3.43, Mowi 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.43, based on 1,997 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. Mowi ASA's current Return-on-Tangible-Asset of 8.18% is 138.5% 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 Mowi ASA and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mowi ASA's current Return-on-Tangible-Asset is 8.18%, which is 22% below median its own 10-year median of 10.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mowi ASA stock overvalued right now?
Based on GuruFocus' analysis, Mowi ASA (FRA:PND) is currently considered Fairly Valued. The stock's GF Value™ is €19.84, compared to a current price of €18.31 — trading 7.7% below its estimated fair value. The current Return-on-Tangible-Asset is 8.18%, which is 22% below median its 10-year median of 10.55 and 138.5% above the Consumer Packaged Goods industry median of 3.43. Mowi ASA's overall GF Score™ is 85/100 with 5 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 Mowi ASA (FRA:PND), the current Return-on-Tangible-Asset is 8.18% 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 Mowi ASA (FRA:PND) Overvalued in 2026?
Based on GuruFocus' analysis, Mowi ASA stock appears to be undervalued.
The current stock price of €18.31 is trading 7.7% below its estimated GF Value™ of €19.84.
GuruFocus considers Mowi ASA to be Fairly Valued.
Key valuation signals for FRA:PND:
Return-on-Tangible-Asset: 8.18% (22% below median its 10-year median of 10.55)
GF Value™: €19.84 vs. price of €18.31 (7.7% below fair value)
Industry Position: 138.5% above the Consumer Packaged Goods median (#263 of 1997)
No single metric tells the full story. See the FRA:PND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mowi ASA is a Norway-based producer of farmed salmon, distributing salmon and other processed seafood globally. The company focuses on producing high-quality fish by producing its fish eggs and nurturing the fish in the early stages of their life. It operates in three business segments: Feed, Farming, and Sales & Marketing. Fish feed production comprises its two feed plants in Norway and Scotland. Farming includes a single operating segment composed of farming operations in Norway, Scotland, Canada, Chile, Ireland, the Faroe Islands, and Iceland, and Sales and Marketing is composed of two operating segments: Markets and Consumer Products. A majority of the company's revenue is generated from the Sales and Marketing business. Geographically, it derives maximum revenue from Europe.
85GF Score
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