AMSC ASA (OSL:AMSC) Return-on-Tangible-Asset: 75.89% (As of Jun. 2025) — 4364% Above Median


What is AMSC ASA Return-on-Tangible-Asset?

AMSC ASA OSL:AMSC Return-on-Tangible-Asset is 75.89% as of Jun. 2025, which is 4364% above its 10-year median of 1.70. The stock has 7 warning signs investors should review.

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. AMSC ASA's annualized Net Income for the quarter that ended in Jun. 2025 was kr797.00 Mil. AMSC ASA's average total tangible assets for the quarter that ended in Jun. 2025 was kr1,050.18 Mil. Therefore, AMSC ASA's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2025 was 75.89%.

The historical rank and industry rank for AMSC ASA's Return-on-Tangible-Asset or its related term are showing as below:

OSL:AMSC' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.79   Med: 1.7   Max: 42.73
Current: 42.73

During the past 13 years, AMSC ASA's highest Return-on-Tangible-Asset was 42.73%. The lowest was 0.79%. And the median was 1.70%.

OSL:AMSC's Return-on-Tangible-Asset is not ranked
in the Transportation industry.
Industry Median: 3.76 vs OSL:AMSC: 42.73

AMSC ASA  (OSL:AMSC) 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 company’s 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 company’s 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.


AMSC ASA Return-on-Tangible-Asset Related Terms


AMSC ASA Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for AMSC 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.

AMSC ASA Return-on-Tangible-Asset Chart

AMSC ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.42 1.90 2.53 30.32 42.05

AMSC ASA Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.79 54.35 70.17 17.00 75.89

OSL:AMSC vs NCT, RUBI, ICON: Return-on-Tangible-Asset Comparison

For the Marine Shipping subindustry, AMSC 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.


AMSC ASA Return-on-Tangible-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, AMSC ASA's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where AMSC ASA's Return-on-Tangible-Asset falls into.



AMSC ASA Return-on-Tangible-Asset Calculation

AMSC ASA's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=826.544/( (1951.641+1979.257)/ 2 )
=826.544/1965.449
=42.05 %

AMSC ASA's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2025 )  (Q: Dec. 2024 )(Q: Jun. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2025 )  (Q: Dec. 2024 )(Q: Jun. 2025 )
=797/( (1979.257+121.1)/ 2 )
=797/1050.1785
=75.89 %

* 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 two times the semi-annual (Jun. 2025) net income data.

What does a Return-on-Tangible-Asset of 75.89% mean?
AMSC ASA (OSL:AMSC) has a Return-on-Tangible-Asset of 75.89% as of Jun. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on AMSC ASA and its competitors. This is 4364% above median its historical median of 1.70. Over the past decade, AMSC ASA's Return-on-Tangible-Asset has ranged from 0.79 to 42.73.
Is AMSC ASA's Return-on-Tangible-Asset too high?
AMSC ASA's current Return-on-Tangible-Asset of 75.89% is 4364% above median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 42.73. The Transportation industry median Return-on-Tangible-Asset is 3.76. AMSC ASA's value of 75.89% is 1918.4% above this industry median.
How does AMSC ASA's Return-on-Tangible-Asset compare to NCT and RUBI?
AMSC ASA's Return-on-Tangible-Asset of 75.89% can be compared against companies in the Transportation industry. The industry median Return-on-Tangible-Asset is 3.76. AMSC ASA's value of 75.89% is 1918.4% above this benchmark. Historically, AMSC ASA's own Return-on-Tangible-Asset has ranged from 0.79 to 42.73 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 3.76, AMSC ASA 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 a Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.76, based on 1,009 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. AMSC ASA's current Return-on-Tangible-Asset of 75.89% is 1918.4% 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 AMSC ASA and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AMSC ASA's current Return-on-Tangible-Asset is 75.89%, which is 4364% above median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AMSC ASA stock overvalued right now?
AMSC ASA (OSL:AMSC) has a current Return-on-Tangible-Asset of 75.89%. The current Return-on-Tangible-Asset is 75.89%, which is 4364% above median its 10-year median of 1.70 and 1918.4% above the Transportation industry median of 3.76. 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 AMSC ASA (OSL:AMSC), the current Return-on-Tangible-Asset is 75.89% as of Jun. 2025. 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.

AMSC ASA Business Description

Address Oksenoyveien 10, Building B, Lysaker, Baerum, NOR, 1366
AMSC ASA is a ship finance company focused on owning and bareboat chartering maritime assets. The company owns a fleet of nine modern handy size product tankers, one modern handy size shuttle tanker and an international subsea construction vessel. AMSC charters its vessels on long term bareboat charters that provide stable, predictable cash flow. Its one operating segment which is its investment into Solstad Maritime Holding AS.