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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. Akastor ASA's annualizedNet Income for the quarter that ended in Mar. 2026 was kr356.0 Mil. Akastor ASA's average total tangible assets for the quarter that ended in Mar. 2026 was kr5,902.5 Mil. Therefore, Akastor ASA's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.03%.
The historical rank and industry rank for Akastor ASA's Return-on-Tangible-Asset or its related term are showing as below:
LTS:0IPT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.88 Med: -3.1 Max: 25.93
Current: 2.26
During the past 13 years, Akastor ASA's highest Return-on-Tangible-Asset was 25.93%. The lowest was -8.88%. And the median was -3.10%.
LTS:0IPT's Return-on-Tangible-Asset is ranked better than 50.78% of 1024
companies
in the Oil & Gas industry
Industry Median: 2.08
vs LTS:0IPT: 2.26
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.
Akastor ASA Return-on-Tangible-Asset Related Terms
Akastor ASA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Akastor 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.
LTS:0IPT vs SLB, BKR, HAL: Return-on-Tangible-Asset Comparison
For the Oil & Gas Equipment & Services subindustry, Akastor 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.
Akastor ASA Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Akastor ASA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Akastor 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 6.03% mean?
Akastor ASA (LTS:0IPT) has a Return-on-Tangible-Asset of 6.03% 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 Akastor ASA and its competitors. According to the industry distribution chart, Akastor ASA ranks #504 out of 1024 companies in the Oil & Gas industry, placing it in the top 49.2%.
Is Akastor ASA's Return-on-Tangible-Asset too high?
Akastor ASA's current Return-on-Tangible-Asset is 6.03%. The Oil & Gas industry median Return-on-Tangible-Asset is 2.08. Akastor ASA's value of 6.03% is 189.9% above this industry median. Based on the distribution chart, Akastor ASA ranks #504 out of 1024 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Akastor ASA has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Akastor ASA's Return-on-Tangible-Asset compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Akastor ASA ranks #504 out of 1024 companies for Return-on-Tangible-Asset. This puts Akastor ASA in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.08. Akastor ASA's value of 6.03% is 189.9% above this benchmark. 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 an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.08, based on 1,024 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. Akastor ASA's current Return-on-Tangible-Asset of 6.03% is 189.9% 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 Akastor ASA and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Akastor ASA's current Return-on-Tangible-Asset is 6.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akastor ASA stock overvalued right now?
Based on GuruFocus' analysis, Akastor ASA (LTS:0IPT) is currently considered Fairly Valued. The stock's GF Value™ is kr14.24, compared to a current price of kr13.00 — trading 8.7% below its estimated fair value. The current Return-on-Tangible-Asset is 6.03% and 189.9% above the Oil & Gas industry median of 2.08. Akastor ASA's overall GF Score™ is 64/100 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 Akastor ASA (LTS:0IPT), the current Return-on-Tangible-Asset is 6.03% 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 Akastor ASA (LTS:0IPT) Overvalued in 2026?
Based on GuruFocus' analysis, Akastor ASA stock appears to be undervalued.
The current stock price of kr13.00 is trading 8.7% below its estimated GF Value™ of kr14.24.
GuruFocus considers Akastor ASA to be Fairly Valued.
Key valuation signals for LTS:0IPT:
Return-on-Tangible-Asset: 6.03%
GF Value™: kr14.24 vs. price of kr13.00 (8.7% below fair value)
Industry Position: 189.9% above the Oil & Gas median (#504 of 1024)
No single metric tells the full story. See the LTS:0IPT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Akastor ASA is an oil-services investment company with a portfolio of industrial holdings, real estate, and other investments. Its portfolio includes drilling systems and lifecycle services supplier MHWirth, and vessel-based subsea well construction services. The company has a flexible mandate for active ownership and long-term value creation. The segments include, HMH, AKOFS offshore, DDW offshore and other holdings. Geographically the business presence of the group is seen across the region of Norway, Singapore, North America, South America, Australia, the Middle East, and other regions.
64GF Score
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