Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Webstep ASAOSL:WSTEP +1.07%56 Return-on-Tangible-Asset is 15.74% as of Mar. 2026, which is 21% below its 10-year median of 19.98. GuruFocus rates OSL:WSTEP with a GF Score™ of 56/100 and a GF Value™ of kr22.82 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,887 Software companies, Webstep ASA ranks better than 80.85% 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. Webstep ASA's annualizedNet Income for the quarter that ended in Mar. 2026 was kr45.0 Mil. Webstep ASA's average total tangible assets for the quarter that ended in Mar. 2026 was kr285.6 Mil. Therefore, Webstep ASA's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 15.74%.
The historical rank and industry rank for Webstep ASA's Return-on-Tangible-Asset or its related term are showing as below:
OSL:WSTEP'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.37 Med: 19.98 Max: 38.99
Current: 11.82
During the past 13 years, Webstep ASA's highest Return-on-Tangible-Asset was 38.99%. The lowest was 1.37%. And the median was 19.98%.
OSL:WSTEP's Return-on-Tangible-Asset is ranked better than 80.85% of 2887
companies
in the Software industry
Industry Median: 2.04
vs OSL:WSTEP: 11.82
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.
Webstep ASA Return-on-Tangible-Asset Related Terms
Webstep ASA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Webstep 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.
OSL:WSTEP vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, Webstep 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.
Webstep ASA Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Webstep ASA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Webstep 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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 15.74% mean?
Webstep ASA (OSL:WSTEP) has a Return-on-Tangible-Asset of 15.74% 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 Webstep ASA and its competitors. This is 21% below median its historical median of 19.98. Over the past decade, Webstep ASA's Return-on-Tangible-Asset has ranged from 1.37 to 38.99. According to the industry distribution chart, Webstep ASA ranks #553 out of 2887 companies in the Software industry, placing it in the top 19.2%.
Is Webstep ASA's Return-on-Tangible-Asset too high?
Webstep ASA's current Return-on-Tangible-Asset of 15.74% is 21% below median its 10-year median of 19.98. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 38.99. The Software industry median Return-on-Tangible-Asset is 2.04. Webstep ASA's value of 15.74% is 671.6% above this industry median. Based on the distribution chart, Webstep ASA ranks #553 out of 2887 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Webstep ASA has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Webstep ASA's Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Webstep ASA ranks #553 out of 2887 companies for Return-on-Tangible-Asset. This places Webstep ASA in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.04. Webstep ASA's value of 15.74% is 671.6% above this benchmark. Historically, Webstep ASA's own Return-on-Tangible-Asset has ranged from 1.37 to 38.99 over the past decade. While the company's 10-year median is 19.98 vs. the industry median of 2.04, Webstep 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.04, based on 2,887 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. Webstep ASA's current Return-on-Tangible-Asset of 15.74% is 671.6% 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 Webstep ASA and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Webstep ASA's current Return-on-Tangible-Asset is 15.74%, which is 21% below median its own 10-year median of 19.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Webstep ASA stock overvalued right now?
Based on GuruFocus' analysis, Webstep ASA (OSL:WSTEP) is currently considered Significantly Undervalued. The stock's GF Value™ is kr22.82, compared to a current price of kr14.20 — trading 37.8% below its estimated fair value. The current Return-on-Tangible-Asset is 15.74%, which is 21% below median its 10-year median of 19.98 and 671.6% above the Software industry median of 2.04. Webstep ASA's overall GF Score™ is 56/100 with 4 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 Webstep ASA (OSL:WSTEP), the current Return-on-Tangible-Asset is 15.74% 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 Webstep ASA (OSL:WSTEP) Overvalued in 2026?
Based on GuruFocus' analysis, Webstep ASA stock appears to be undervalued.
The current stock price of kr14.20 is trading 37.8% below its estimated GF Value™ of kr22.82.
GuruFocus considers Webstep ASA to be Significantly Undervalued.
Key valuation signals for OSL:WSTEP:
Return-on-Tangible-Asset: 15.74% (21% below median its 10-year median of 19.98)
GF Value™: kr22.82 vs. price of kr14.20 (37.8% below fair value)
Industry Position: 671.6% above the Software median (#553 of 2887)
No single metric tells the full story. See the OSL:WSTEP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Webstep ASA is engaged in the provision of information technology (IT) consultancy services. Its core digitalization offerings include digitalization, cloud migration, and integration. In addition, it also focused on the Internet of Things (IoT), machine learning, and analytics. The group has cross-functional expertise in cloud services and infrastructure, security, mobility, analytics, and AI. It operates in Sweden.
56GF Score
Get the complete analysis for OSL:WSTEP
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OSL:WSTEP has been successfully added to your 
