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Brodrene A & O Johansen ASLTS:0RNT -0.17%73 Return-on-Tangible-Asset is 5.32% as of Mar. 2026, which is 27% below its 10-year median of 7.30. GuruFocus rates LTS:0RNT with a GF Score™ of 73/100 and a GF Value™ of kr97.99 (Fairly Valued). The stock has 4 warning signs investors should review. Among 158 Industrial Distribution companies, Brodrene A & O Johansen AS ranks better than 70.25% 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. Brodrene A & O Johansen AS's annualizedNet Income for the quarter that ended in Mar. 2026 was kr171 Mil. Brodrene A & O Johansen AS's average total tangible assets for the quarter that ended in Mar. 2026 was kr3,209 Mil. Therefore, Brodrene A & O Johansen AS's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.32%.
The historical rank and industry rank for Brodrene A & O Johansen AS's Return-on-Tangible-Asset or its related term are showing as below:
LTS:0RNT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.98 Med: 7.3 Max: 12.31
Current: 6.46
During the past 13 years, Brodrene A & O Johansen AS's highest Return-on-Tangible-Asset was 12.31%. The lowest was 5.98%. And the median was 7.30%.
LTS:0RNT's Return-on-Tangible-Asset is ranked better than 70.25% of 158
companies
in the Industrial Distribution industry
Industry Median: 4.01
vs LTS:0RNT: 6.46
Brodrene A & O Johansen AS (LTS:0RNT) 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.
Brodrene A & O Johansen AS Return-on-Tangible-Asset Related Terms
Brodrene A & O Johansen AS Return-on-Tangible-Asset Historical Data
* 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.
Brodrene A & O Johansen AS Return-on-Tangible-Asset Chart
LTS:0RNT vs GWW, FAST, FERG: Return-on-Tangible-Asset Comparison
For the Industrial Distribution subindustry, Brodrene A & O Johansen AS'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.
Brodrene A & O Johansen AS Return-on-Tangible-Asset vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Brodrene A & O Johansen AS's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Brodrene A & O Johansen AS'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 5.32% mean?
Brodrene A & O Johansen AS (LTS:0RNT) has a Return-on-Tangible-Asset of 5.32% 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 Brodrene A & O Johansen AS and its competitors. This is 27% below median its historical median of 7.30. Over the past decade, Brodrene A & O Johansen AS's Return-on-Tangible-Asset has ranged from 5.98 to 12.31. According to the industry distribution chart, Brodrene A & O Johansen AS ranks #47 out of 158 companies in the Industrial Distribution industry, placing it in the top 29.7%.
Is Brodrene A & O Johansen AS's Return-on-Tangible-Asset too high?
Brodrene A & O Johansen AS's current Return-on-Tangible-Asset of 5.32% is 27% below median its 10-year median of 7.30. Over the past 10 years, this metric has ranged from a low of 5.98 to a high of 12.31. The Industrial Distribution industry median Return-on-Tangible-Asset is 4.01. Brodrene A & O Johansen AS's value of 5.32% is 32.7% above this industry median. Based on the distribution chart, Brodrene A & O Johansen AS ranks #47 out of 158 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Brodrene A & O Johansen AS has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Brodrene A & O Johansen AS's Return-on-Tangible-Asset compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Brodrene A & O Johansen AS ranks #47 out of 158 companies for Return-on-Tangible-Asset. This puts Brodrene A & O Johansen AS in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.01. Brodrene A & O Johansen AS's value of 5.32% is 32.7% above this benchmark. Historically, Brodrene A & O Johansen AS's own Return-on-Tangible-Asset has ranged from 5.98 to 12.31 over the past decade. While the company's 10-year median is 7.30 vs. the industry median of 4.01, Brodrene A & O Johansen AS 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 an Industrial Distribution company?
The median Return-on-Tangible-Asset among Industrial Distribution companies is 4.01, based on 158 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. Brodrene A & O Johansen AS's current Return-on-Tangible-Asset of 5.32% is 32.7% 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 Brodrene A & O Johansen AS and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Asset is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brodrene A & O Johansen AS's current Return-on-Tangible-Asset is 5.32%, which is 27% below median its own 10-year median of 7.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brodrene A & O Johansen AS stock overvalued right now?
Based on GuruFocus' analysis, Brodrene A & O Johansen AS (LTS:0RNT) is currently considered Fairly Valued. The stock's GF Value™ is kr97.99, compared to a current price of kr90.40 — trading 7.7% below its estimated fair value. The current Return-on-Tangible-Asset is 5.32%, which is 27% below median its 10-year median of 7.30 and 32.7% above the Industrial Distribution industry median of 4.01. Brodrene A & O Johansen AS's overall GF Score™ is 73/100 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 Brodrene A & O Johansen AS (LTS:0RNT), the current Return-on-Tangible-Asset is 5.32% 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 Brodrene A & O Johansen AS (LTS:0RNT) Overvalued in 2026?
Based on GuruFocus' analysis, Brodrene A & O Johansen AS stock appears to be undervalued.
The current stock price of kr90.40 is trading 7.7% below its estimated GF Value™ of kr97.99.
GuruFocus considers Brodrene A & O Johansen AS to be Fairly Valued.
Key valuation signals for LTS:0RNT:
Return-on-Tangible-Asset: 5.32% (27% below median its 10-year median of 7.30)
GF Value™: kr97.99 vs. price of kr90.40 (7.7% below fair value)
Industry Position: 32.7% above the Industrial Distribution median (#47 of 158)
No single metric tells the full story. See the LTS:0RNT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Brodrene A & O Johansen AS is a wholesaler that serves professional and private customers through an omni-channel business model combining digital solutions with a physical presence. The company offers a broad range of technical installation materials and related products, including workwear, tools and brackets, water supply, drainage and sewage, energy, electrical products and HVAC solutions, supported by services such as digital solutions, project advice and logistics. It operates through two segments: B2B, which earns the majority of revenue and serves professional tradesmen and construction companies, and B2C, which serves private DIY consumers through webshops and showrooms. The Group operates mainly in Denmark.
73GF Score
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