Case Group AB (OSTO:CASE) Return-on-Tangible-Asset: 23.35% (As of Mar. 2026) — 23% Below Median

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OSTO:CASE Case Group AB OSTO:CASE
83 GF Score
Price kr20.90
GF Value kr21.14
Valuation Fairly Valued
! 3 Warning Signs
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What is Case Group AB Return-on-Tangible-Asset?

Case Group AB OSTO:CASE -1.42% 83 Return-on-Tangible-Asset is 23.35% as of Mar. 2026, which is 23% below its 10-year median of 30.51. GuruFocus rates OSTO:CASE with a GF Score™ of 83/100 and a GF Value™ of kr21.14 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,635 Asset Management companies, Case Group AB ranks better than 97.19% 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. Case Group AB's annualized Net Income for the quarter that ended in Mar. 2026 was kr23.6 Mil. Case Group AB's average total tangible assets for the quarter that ended in Mar. 2026 was kr101.2 Mil. Therefore, Case Group AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 23.35%.

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

OSTO:CASE' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.79   Med: 30.51   Max: 48.7
Current: 42.37

During the past 7 years, Case Group AB's highest Return-on-Tangible-Asset was 48.70%. The lowest was -2.79%. And the median was 30.51%.

OSTO:CASE's Return-on-Tangible-Asset is ranked better than
97.19% of 1635 companies
in the Asset Management industry
Industry Median: 4.23 vs OSTO:CASE: 42.37

Case Group AB  (OSTO:CASE) 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.


Case Group AB Return-on-Tangible-Asset Related Terms


Case Group AB Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Case Group AB'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.

Case Group AB Return-on-Tangible-Asset Chart

Case Group AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial 48.59 -2.79 0.51 30.51 48.70

Case Group AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 54.09 49.10 51.88 45.76 23.35

OSTO:CASE vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison

For the Asset Management subindustry, Case Group AB'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.


Case Group AB Return-on-Tangible-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Case Group AB's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Case Group AB's Return-on-Tangible-Asset falls into.


OSTO:CASE
83GF Score
Case Group AB OSTO:CASE
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Case Group AB Return-on-Tangible-Asset Calculation

Case Group AB's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=42.063/( (67.886+104.849)/ 2 )
=42.063/86.3675
=48.70 %

Case Group AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=23.632/( (104.849+97.592)/ 2 )
=23.632/101.2205
=23.35 %

* 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 23.35% mean?
Case Group AB (OSTO:CASE) has a Return-on-Tangible-Asset of 23.35% 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 Case Group AB and its competitors. This is 23% below median its historical median of 30.51. According to the industry distribution chart, Case Group AB ranks #46 out of 1635 companies in the Asset Management industry, placing it in the top 2.8%.
Is Case Group AB's Return-on-Tangible-Asset too high?
Case Group AB's current Return-on-Tangible-Asset of 23.35% is 23% below median its 10-year median of 30.51. The Asset Management industry median Return-on-Tangible-Asset is 4.23. Case Group AB's value of 23.35% is 452% above this industry median. Based on the distribution chart, Case Group AB ranks #46 out of 1635 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Case Group AB has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Case Group AB's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Case Group AB ranks #46 out of 1635 companies for Return-on-Tangible-Asset. This places Case Group AB in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.23. Case Group AB's value of 23.35% is 452% above this benchmark. While the company's 10-year median is 30.51 vs. the industry median of 4.23, Case Group AB 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 an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.23, based on 1,635 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. Case Group AB's current Return-on-Tangible-Asset of 23.35% is 452% 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 Case Group AB and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Case Group AB's current Return-on-Tangible-Asset is 23.35%, which is 23% below median its own 10-year median of 30.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Case Group AB stock overvalued right now?
Based on GuruFocus' analysis, Case Group AB (OSTO:CASE) is currently considered Fairly Valued. The stock's GF Value™ is kr21.14, compared to a current price of kr20.90 — trading 1.1% below its estimated fair value. The current Return-on-Tangible-Asset is 23.35%, which is 23% below median its 10-year median of 30.51 and 452% above the Asset Management industry median of 4.23. Case Group AB's overall GF Score™ is 83/100 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 Case Group AB (OSTO:CASE), the current Return-on-Tangible-Asset is 23.35% 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 Case Group AB (OSTO:CASE) Overvalued in 2026?

Based on GuruFocus' analysis, Case Group AB stock appears to be undervalued. The current stock price of kr20.90 is trading 1.1% below its estimated GF Value™ of kr21.14. GuruFocus considers Case Group AB to be Fairly Valued.

Key valuation signals for OSTO:CASE:

  • Return-on-Tangible-Asset: 23.35% (23% below median its 10-year median of 30.51)
  • GF Value™: kr21.14 vs. price of kr20.90 (1.1% below fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 452% above the Asset Management median (#46 of 1635)

No single metric tells the full story. See the OSTO:CASE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Case Group AB Business Description

Other Exchanges V9E:Germany
Address Norrlandsgatan 10 c, Stockholm, SWE, 102 49
Case Group AB is an independent fund manager. Its business concept is to offer wealth-creating asset management with the goal of offering savers a good risk-adjusted return.
83GF Score

Get the complete analysis for OSTO:CASE

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr20.90
Price
kr21.14
GF Value