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Aasen SparebankOSL:AASB -3.21%54 Return-on-Tangible-Asset is 0.99% as of Mar. 2026, which is at its 10-year median of 0.99. GuruFocus rates OSL:AASB with a GF Score™ of 54/100 and a GF Value™ of kr133.24 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,529 Banks companies, Aasen Sparebank ranks better than 60.89% 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. Aasen Sparebank's annualizedNet Income for the quarter that ended in Mar. 2026 was kr71.4 Mil. Aasen Sparebank's average total tangible assets for the quarter that ended in Mar. 2026 was kr7,241.2 Mil. Therefore, Aasen Sparebank's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.99%.
The historical rank and industry rank for Aasen Sparebank's Return-on-Tangible-Asset or its related term are showing as below:
OSL:AASB'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.9 Med: 0.99 Max: 1.29
Current: 1.16
During the past 11 years, Aasen Sparebank's highest Return-on-Tangible-Asset was 1.29%. The lowest was 0.90%. And the median was 0.99%.
OSL:AASB's Return-on-Tangible-Asset is ranked better than 60.89% of 1529
companies
in the Banks industry
Industry Median: 0.99
vs OSL:AASB: 1.16
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.
Aasen Sparebank Return-on-Tangible-Asset Related Terms
Aasen Sparebank Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Aasen Sparebank'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.
For the Banks - Regional subindustry, Aasen Sparebank'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.
Aasen Sparebank Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, Aasen Sparebank's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Aasen Sparebank'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 0.99% mean?
Aasen Sparebank (OSL:AASB) has a Return-on-Tangible-Asset of 0.99% 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 Aasen Sparebank and its competitors. This is near median its historical median of 0.99. Over the past decade, Aasen Sparebank's Return-on-Tangible-Asset has ranged from 0.90 to 1.29. According to the industry distribution chart, Aasen Sparebank ranks #598 out of 1529 companies in the Banks industry, placing it in the top 39.1%.
Is Aasen Sparebank's Return-on-Tangible-Asset too high?
Aasen Sparebank's current Return-on-Tangible-Asset of 0.99% is near median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 1.29. The Banks industry median Return-on-Tangible-Asset is 0.99. Aasen Sparebank's value of 0.99% is 0% at this industry median. Based on the distribution chart, Aasen Sparebank ranks #598 out of 1529 companies in the Banks industry, which is above the industry midpoint. Overall, Aasen Sparebank has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aasen Sparebank's Return-on-Tangible-Asset compare to competitors?
According to the Banks industry distribution chart, Aasen Sparebank ranks #598 out of 1529 companies for Return-on-Tangible-Asset. This puts Aasen Sparebank in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.99. Aasen Sparebank's value of 0.99% is 0% at this benchmark. Historically, Aasen Sparebank's own Return-on-Tangible-Asset has ranged from 0.90 to 1.29 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 0.99, Aasen Sparebank has consistently been at 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 Banks company?
The median Return-on-Tangible-Asset among Banks companies is 0.99, based on 1,529 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. Aasen Sparebank's current Return-on-Tangible-Asset of 0.99% is 0% at 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 Aasen Sparebank and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aasen Sparebank's current Return-on-Tangible-Asset is 0.99%, which is near median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aasen Sparebank stock overvalued right now?
Based on GuruFocus' analysis, Aasen Sparebank (OSL:AASB) is currently considered Fairly Valued. The stock's GF Value™ is kr133.24, compared to a current price of kr134.02 — trading 0.6% above its estimated fair value. The current Return-on-Tangible-Asset is 0.99%, which is near median its 10-year median of 0.99 and 0% at the Banks industry median of 0.99. Aasen Sparebank's overall GF Score™ is 54/100 with 6 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 Aasen Sparebank (OSL:AASB), the current Return-on-Tangible-Asset is 0.99% 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 Aasen Sparebank (OSL:AASB) Overvalued in 2026?
Based on GuruFocus' analysis, Aasen Sparebank stock appears to be overvalued.
The current stock price of kr134.02 is trading 0.6% above its estimated GF Value™ of kr133.24.
GuruFocus considers Aasen Sparebank to be Fairly Valued.
Key valuation signals for OSL:AASB:
Return-on-Tangible-Asset: 0.99% (near median its 10-year median of 0.99)
GF Value™: kr133.24 vs. price of kr134.02 (0.6% above fair value)
Industry Position: 0% at the Banks median (#598 of 1529)
No single metric tells the full story. See the OSL:AASB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aasen Sparebank is a local savings bank. It offers a full-service concept for banking and financial services, both for private and agricultural customers, as well as for small and medium-sized businesses. The company's services include Mortgage, Car loans, Loans and refinancing, Insurance, Online and Mobile Banking, Deposits and others.
54GF Score
Get the complete analysis for OSL:AASB
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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