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Sustainable Energy Solutions Sweden Holding ABNGM:SENS -50.00% Return-on-Tangible-Asset is 204.18% as of Mar. 2026. The stock has 4 warning signs investors should review. Among 453 Utilities - Independent Power Producers companies, Sustainable Energy Solutions Sweden Holding AB ranks better than 80.79% on this metric.
NGM:SENS's Return-on-Tangible-Asset is ranked better than 80.79% of 453
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.19
vs NGM:SENS: 5.75
Sustainable Energy Solutions Sweden Holding AB (NGM:SENS) 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.
Sustainable Energy Solutions Sweden Holding AB Return-on-Tangible-Asset Related Terms
Sustainable Energy Solutions Sweden Holding AB 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.
Sustainable Energy Solutions Sweden Holding AB Return-on-Tangible-Asset Chart
Sustainable Energy Solutions Sweden Holding AB Annual Data
NGM:SENS vs CEG, VST, NRG: Return-on-Tangible-Asset Comparison
For the Utilities - Independent Power Producers subindustry, Sustainable Energy Solutions Sweden Holding 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.
Sustainable Energy Solutions Sweden Holding AB Return-on-Tangible-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Sustainable Energy Solutions Sweden Holding AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sustainable Energy Solutions Sweden Holding 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 204.18% mean?
Sustainable Energy Solutions Sweden Holding AB (NGM:SENS) has a Return-on-Tangible-Asset of 204.18% 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 Sustainable Energy Solutions Sweden Holding AB and its competitors. According to the industry distribution chart, Sustainable Energy Solutions Sweden Holding AB ranks #87 out of 453 companies in the Utilities - Independent Power Producers industry, placing it in the top 19.2%.
Is Sustainable Energy Solutions Sweden Holding AB's Return-on-Tangible-Asset too high?
Sustainable Energy Solutions Sweden Holding AB's current Return-on-Tangible-Asset is 204.18%. The Utilities - Independent Power Producers industry median Return-on-Tangible-Asset is 1.19. Sustainable Energy Solutions Sweden Holding AB's value of 204.18% is 17058% above this industry median. Based on the distribution chart, Sustainable Energy Solutions Sweden Holding AB ranks #87 out of 453 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers.
How does Sustainable Energy Solutions Sweden Holding AB's Return-on-Tangible-Asset compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Sustainable Energy Solutions Sweden Holding AB ranks #87 out of 453 companies for Return-on-Tangible-Asset. This places Sustainable Energy Solutions Sweden Holding AB in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.19. Sustainable Energy Solutions Sweden Holding AB's value of 204.18% is 17058% 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 Utilities - Independent Power Producers company?
The median Return-on-Tangible-Asset among Utilities - Independent Power Producers companies is 1.19, based on 453 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. Sustainable Energy Solutions Sweden Holding AB's current Return-on-Tangible-Asset of 204.18% is 17058% 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 Sustainable Energy Solutions Sweden Holding AB and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Asset is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sustainable Energy Solutions Sweden Holding AB's current Return-on-Tangible-Asset is 204.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sustainable Energy Solutions Sweden Holding AB stock overvalued right now?
Sustainable Energy Solutions Sweden Holding AB (NGM:SENS) has a current Return-on-Tangible-Asset of 204.18%. The current Return-on-Tangible-Asset is 204.18% and 17058% above the Utilities - Independent Power Producers industry median of 1.19. 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 Sustainable Energy Solutions Sweden Holding AB (NGM:SENS), the current Return-on-Tangible-Asset is 204.18% 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.
Sustainable Energy Solutions Sweden Holding AB develops energy systems for resource-efficient energy usage for industries, property owners, energy producers and municipalities. The firm's customers increase their profitability and reduce their climate impact with the help of its innovative comprehensive solutions. It offers energy storage in borehole storage, hydropower, regulation and production as well as energy-efficient distribution and recovery of energy. The company's solutions enable the transition to a fossil-free and CO2-neutral energy supply both locally and nationally, in the Nordic region as well as other parts of the world.
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