Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Catella ABLTS:0RL4 69 Return-on-Tangible-Asset is -5.70% as of Mar. 2026. GuruFocus rates LTS:0RL4 with a GF Score™ of 69/100 and a GF Value™ of kr23.06 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,637 Asset Management companies, Catella AB ranks better than 51.56% 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. Catella AB's annualizedNet Income for the quarter that ended in Mar. 2026 was kr-200 Mil. Catella AB's average total tangible assets for the quarter that ended in Mar. 2026 was kr3,509 Mil. Therefore, Catella AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -5.70%.
The historical rank and industry rank for Catella AB's Return-on-Tangible-Asset or its related term are showing as below:
LTS:0RL4'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.81 Med: 2.06 Max: 9
Current: 4.76
During the past 13 years, Catella AB's highest Return-on-Tangible-Asset was 9.00%. The lowest was -1.81%. And the median was 2.06%.
LTS:0RL4's Return-on-Tangible-Asset is ranked better than 51.56% of 1637
companies
in the Asset Management industry
Industry Median: 4.33
vs LTS:0RL4: 4.76
Catella AB (LTS:0RL4) 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.
Catella AB Return-on-Tangible-Asset Related Terms
Catella AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Catella 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.
LTS:0RL4 vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Catella 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.
Catella AB Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Catella AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Catella 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -5.70% mean?
Catella AB (LTS:0RL4) has a Return-on-Tangible-Asset of -5.70% 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 Catella AB and its competitors. According to the industry distribution chart, Catella AB ranks #793 out of 1637 companies in the Asset Management industry, placing it in the top 48.4%.
Is Catella AB's Return-on-Tangible-Asset too high?
Catella AB's current Return-on-Tangible-Asset is -5.70%. Based on the distribution chart, Catella AB ranks #793 out of 1637 companies in the Asset Management industry, which is above the industry midpoint. Overall, Catella AB has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Catella AB's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Catella AB ranks #793 out of 1637 companies for Return-on-Tangible-Asset. This puts Catella AB in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.33. 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 Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.33, based on 1,637 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 Catella AB and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Catella AB's current Return-on-Tangible-Asset is -5.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Catella AB stock overvalued right now?
Based on GuruFocus' analysis, Catella AB (LTS:0RL4) is currently considered Modestly Undervalued. The stock's GF Value™ is kr23.06, compared to a current price of kr20.10 — trading 12.8% below its estimated fair value. The current Return-on-Tangible-Asset is -5.70%. Catella AB's overall GF Score™ is 69/100 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 Catella AB (LTS:0RL4), the current Return-on-Tangible-Asset is -5.70% 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 Catella AB (LTS:0RL4) Overvalued in 2026?
Based on GuruFocus' analysis, Catella AB stock appears to be undervalued.
The current stock price of kr20.10 is trading 12.8% below its estimated GF Value™ of kr23.06.
GuruFocus considers Catella AB to be Modestly Undervalued.
Key valuation signals for LTS:0RL4:
Return-on-Tangible-Asset: -5.70%
GF Value™: kr23.06 vs. price of kr20.10 (12.8% below fair value)
No single metric tells the full story. See the LTS:0RL4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Catella AB is a Swedish financial firm specializing in property investments, fund management, and corporate finance advisory services across Europe. The group consists of a number of companies that conduct operations in three business areas: i) Investment Management: It offers regulated fund products, regional asset management services and project management of real estate developments. ii) Principal Investments: It makes direct investments and co-investments with partners in real estate projects. iii) Corporate Finance: It is a European advisor within real estate related corporate finance services such as real estate transactions, M&A, debt and equity capital markets advisory. The majority of revenue is derived from the Investment Management segment.
69GF Score
Get the complete analysis for LTS:0RL4
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LTS:0RL4 has been successfully added to your 
