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Skandia GreenPower ASOSL:SKAND 63 Return-on-Tangible-Asset is 7.47% as of Dec. 2025. GuruFocus rates OSL:SKAND with a GF Score™ of 63/100 and a GF Value™ of kr1.13 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 453 Utilities - Independent Power Producers companies, Skandia GreenPower AS ranks better than 83% 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. Skandia GreenPower AS's annualizedNet Income for the quarter that ended in Dec. 2025 was kr11.9 Mil. Skandia GreenPower AS's average total tangible assets for the quarter that ended in Dec. 2025 was kr159.7 Mil. Therefore, Skandia GreenPower AS's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 7.47%.
The historical rank and industry rank for Skandia GreenPower AS's Return-on-Tangible-Asset or its related term are showing as below:
OSL:SKAND'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -52.35 Med: -7.95 Max: 9.98
Current: 6.31
During the past 9 years, Skandia GreenPower AS's highest Return-on-Tangible-Asset was 9.98%. The lowest was -52.35%. And the median was -7.95%.
OSL:SKAND's Return-on-Tangible-Asset is ranked better than 83% of 453
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.29
vs OSL:SKAND: 6.31
Skandia GreenPower AS (OSL:SKAND) 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.
Skandia GreenPower AS Return-on-Tangible-Asset Related Terms
Skandia GreenPower AS Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Skandia GreenPower AS'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.
Skandia GreenPower AS Return-on-Tangible-Asset Chart
Skandia GreenPower AS Return-on-Tangible-Asset Competitor Comparison
For the Utilities - Renewable subindustry, Skandia GreenPower 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.
Skandia GreenPower AS Return-on-Tangible-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Skandia GreenPower AS's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Skandia GreenPower 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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 7.47% mean?
Skandia GreenPower AS (OSL:SKAND) has a Return-on-Tangible-Asset of 7.47% 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 Skandia GreenPower AS and its competitors. According to the industry distribution chart, Skandia GreenPower AS ranks #77 out of 453 companies in the Utilities - Independent Power Producers industry, placing it in the top 17%.
Is Skandia GreenPower AS's Return-on-Tangible-Asset too high?
Skandia GreenPower AS's current Return-on-Tangible-Asset is 7.47%. The Utilities - Independent Power Producers industry median Return-on-Tangible-Asset is 1.29. Skandia GreenPower AS's value of 7.47% is 479.1% above this industry median. Based on the distribution chart, Skandia GreenPower AS ranks #77 out of 453 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Skandia GreenPower AS has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Skandia GreenPower AS's Return-on-Tangible-Asset compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Skandia GreenPower AS ranks #77 out of 453 companies for Return-on-Tangible-Asset. This places Skandia GreenPower AS in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.29. Skandia GreenPower AS's value of 7.47% is 479.1% 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 1.29, 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. Skandia GreenPower AS's current Return-on-Tangible-Asset of 7.47% is 479.1% 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 Skandia GreenPower AS and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Asset is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skandia GreenPower AS's current Return-on-Tangible-Asset is 7.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skandia GreenPower AS stock overvalued right now?
Based on GuruFocus' analysis, Skandia GreenPower AS (OSL:SKAND) is currently considered Modestly Overvalued. The stock's GF Value™ is kr1.13, compared to a current price of kr1.38 — trading 21.7% above its estimated fair value. The current Return-on-Tangible-Asset is 7.47% and 479.1% above the Utilities - Independent Power Producers industry median of 1.29. Skandia GreenPower AS's overall GF Score™ is 63/100 with 3 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 Skandia GreenPower AS (OSL:SKAND), the current Return-on-Tangible-Asset is 7.47% 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.
Is Skandia GreenPower AS (OSL:SKAND) Overvalued in 2026?
Based on GuruFocus' analysis, Skandia GreenPower AS stock appears to be overvalued.
The current stock price of kr1.38 is trading 21.7% above its estimated GF Value™ of kr1.13.
GuruFocus considers Skandia GreenPower AS to be Modestly Overvalued.
Key valuation signals for OSL:SKAND:
Return-on-Tangible-Asset: 7.47%
GF Value™: kr1.13 vs. price of kr1.38 (21.7% above fair value)
Industry Position: 479.1% above the Utilities - Independent Power Producers median (#77 of 453)
No single metric tells the full story. See the OSL:SKAND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Skandia GreenPower AS is a provider of electricity in the private retail market. It also offers end-to-end solar cell solutions for roofs. The company generates the majority of its revenue from the domestic market.
63GF Score
Get the complete analysis for OSL:SKAND
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