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General Oceans ASAOSL:GENO +1.65%17 Return-on-Tangible-Asset is 15.89% as of Dec. 2025, which is 264% above its 10-year median of 4.37. GuruFocus rates OSL:GENO with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 2,500 Hardware companies, General Oceans ASA ranks better than 94.72% 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. General Oceans ASA's annualizedNet Income for the quarter that ended in Dec. 2025 was kr165 Mil. General Oceans ASA's average total tangible assets for the quarter that ended in Dec. 2025 was kr1,039 Mil. Therefore, General Oceans ASA's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 15.89%.
The historical rank and industry rank for General Oceans ASA's Return-on-Tangible-Asset or its related term are showing as below:
OSL:GENO'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.13 Med: 4.37 Max: 15.89
Current: 15.89
During the past 3 years, General Oceans ASA's highest Return-on-Tangible-Asset was 15.89%. The lowest was -9.13%. And the median was 4.37%.
OSL:GENO's Return-on-Tangible-Asset is ranked better than 94.72% of 2500
companies
in the Hardware industry
Industry Median: 2.455
vs OSL:GENO: 15.89
General Oceans ASA (OSL:GENO) 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.
General Oceans ASA Return-on-Tangible-Asset Related Terms
General Oceans ASA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for General Oceans 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.
General Oceans ASA Return-on-Tangible-Asset Chart
General Oceans ASA Annual Data
Trend
Dec23
Dec24
Dec25
Return-on-Tangible-Asset
-9.13
4.37
15.89
General Oceans ASA Semi-Annual Data
Dec23
Dec24
Dec25
Return-on-Tangible-Asset
-9.13
4.37
15.89
OSL:GENO vs COHR, KEYS, GRMN: Return-on-Tangible-Asset Comparison
For the Scientific & Technical Instruments subindustry, General Oceans 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.
General Oceans ASA Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, General Oceans ASA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where General Oceans ASA'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 one times the annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 15.89% mean?
General Oceans ASA (OSL:GENO) has a Return-on-Tangible-Asset of 15.89% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on General Oceans ASA and its competitors. This is 264% above median its historical median of 4.37. According to the industry distribution chart, General Oceans ASA ranks #132 out of 2500 companies in the Hardware industry, placing it in the top 5.3%.
Is General Oceans ASA's Return-on-Tangible-Asset too high?
General Oceans ASA's current Return-on-Tangible-Asset of 15.89% is 264% above median its 10-year median of 4.37. The Hardware industry median Return-on-Tangible-Asset is 2.46. General Oceans ASA's value of 15.89% is 547.3% above this industry median. Based on the distribution chart, General Oceans ASA ranks #132 out of 2500 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, General Oceans ASA has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does General Oceans ASA's Return-on-Tangible-Asset compare to COHR and KEYS?
According to the Hardware industry distribution chart, General Oceans ASA ranks #132 out of 2500 companies for Return-on-Tangible-Asset. This places General Oceans ASA in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.46. General Oceans ASA's value of 15.89% is 547.3% above this benchmark. While the company's 10-year median is 4.37 vs. the industry median of 2.46, General Oceans 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.46, based on 2,500 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. General Oceans ASA's current Return-on-Tangible-Asset of 15.89% is 547.3% 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 General Oceans ASA and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General Oceans ASA's current Return-on-Tangible-Asset is 15.89%, which is 264% above median its own 10-year median of 4.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General Oceans ASA stock overvalued right now?
General Oceans ASA (OSL:GENO) has a current Return-on-Tangible-Asset of 15.89%. The current Return-on-Tangible-Asset is 15.89%, which is 264% above median its 10-year median of 4.37 and 547.3% above the Hardware industry median of 2.46. General Oceans ASA's overall GF Score™ is 17/100 with 1 warning sign 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 General Oceans ASA (OSL:GENO), the current Return-on-Tangible-Asset is 15.89% as of Dec. 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.
General Oceans ASA is an ocean technology company engaged in providing underwater solutions, including sensors, systems, and robotic technologies for marine environments. The group operates through two segments: Sensors and Robotics. The Sensors segment focuses on instrumentation technologies for measuring ocean dynamics, imaging, and navigation, while the Robotics segment provides remotely operated and autonomous vehicle solutions with associated manipulators and control systems. It generates the majority of its revenue from the Sensors segment. The company serves industries such as ocean science, defense, and offshore energy through a portfolio of specialized brands.
17GF Score
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