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Mildef Group ABOSTO:MILDEF +8.45%86 Return-on-Tangible-Asset is 12.34% as of Jun. 2026, which is 54% above its 10-year median of 8.03. GuruFocus rates OSTO:MILDEF with a GF Score™ of 86/100 and a GF Value™ of kr197.17 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 360 Aerospace & Defense companies, Mildef Group AB ranks better than 92.78% 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. Mildef Group AB's annualizedNet Income for the quarter that ended in Jun. 2026 was kr227 Mil. Mildef Group AB's average total tangible assets for the quarter that ended in Jun. 2026 was kr1,839 Mil. Therefore, Mildef Group AB's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 12.34%.
The historical rank and industry rank for Mildef Group AB's Return-on-Tangible-Asset or its related term are showing as below:
OSTO:MILDEF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -20.28 Med: 8.03 Max: 16.49
Current: 16.49
During the past 8 years, Mildef Group AB's highest Return-on-Tangible-Asset was 16.49%. The lowest was -20.28%. And the median was 8.03%.
OSTO:MILDEF's Return-on-Tangible-Asset is ranked better than 92.78% of 360
companies
in the Aerospace & Defense industry
Industry Median: 3.04
vs OSTO:MILDEF: 16.49
Mildef Group AB (OSTO:MILDEF) 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.
Mildef Group AB Return-on-Tangible-Asset Related Terms
Mildef Group AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Mildef 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.
OSTO:MILDEF vs SPCX, GE, RTX: Return-on-Tangible-Asset Comparison
For the Aerospace & Defense subindustry, Mildef 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.
Mildef Group AB Return-on-Tangible-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Mildef Group AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Mildef Group AB'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 12.34% mean?
Mildef Group AB (OSTO:MILDEF) has a Return-on-Tangible-Asset of 12.34% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Mildef Group AB and its competitors. This is 54% above median its historical median of 8.03. According to the industry distribution chart, Mildef Group AB ranks #26 out of 360 companies in the Aerospace & Defense industry, placing it in the top 7.2%.
Is Mildef Group AB's Return-on-Tangible-Asset too high?
Mildef Group AB's current Return-on-Tangible-Asset of 12.34% is 54% above median its 10-year median of 8.03. The Aerospace & Defense industry median Return-on-Tangible-Asset is 3.04. Mildef Group AB's value of 12.34% is 305.9% above this industry median. Based on the distribution chart, Mildef Group AB ranks #26 out of 360 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Mildef Group AB has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mildef Group AB's Return-on-Tangible-Asset compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Mildef Group AB ranks #26 out of 360 companies for Return-on-Tangible-Asset. This places Mildef Group AB in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.04. Mildef Group AB's value of 12.34% is 305.9% above this benchmark. While the company's 10-year median is 8.03 vs. the industry median of 3.04, Mildef 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 Aerospace & Defense company?
The median Return-on-Tangible-Asset among Aerospace & Defense companies is 3.04, based on 360 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. Mildef Group AB's current Return-on-Tangible-Asset of 12.34% is 305.9% 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 Mildef Group AB and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Asset is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mildef Group AB's current Return-on-Tangible-Asset is 12.34%, which is 54% above median its own 10-year median of 8.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mildef Group AB stock overvalued right now?
Based on GuruFocus' analysis, Mildef Group AB (OSTO:MILDEF) is currently considered Modestly Overvalued. The stock's GF Value™ is kr197.17, compared to a current price of kr231.00 — trading 17.2% above its estimated fair value. The current Return-on-Tangible-Asset is 12.34%, which is 54% above median its 10-year median of 8.03 and 305.9% above the Aerospace & Defense industry median of 3.04. Mildef Group AB's overall GF Score™ is 86/100 with 6 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 Mildef Group AB (OSTO:MILDEF), the current Return-on-Tangible-Asset is 12.34% as of Jun. 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 Mildef Group AB (OSTO:MILDEF) Overvalued in 2026?
Based on GuruFocus' analysis, Mildef Group AB stock appears to be overvalued.
The current stock price of kr231.00 is trading 17.2% above its estimated GF Value™ of kr197.17.
GuruFocus considers Mildef Group AB to be Modestly Overvalued.
Key valuation signals for OSTO:MILDEF:
Return-on-Tangible-Asset: 12.34% (54% above median its 10-year median of 8.03)
GF Value™: kr197.17 vs. price of kr231.00 (17.2% above fair value)
Industry Position: 305.9% above the Aerospace & Defense median (#26 of 360)
No single metric tells the full story. See the OSTO:MILDEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mildef Group AB is a multinational systems integrator and full-spectrum provider specializing in rugged IT for military, government, and critical infrastructure sectors. It provides hardware, software, and services that shield and protect critical information streams and systems. Some of the products and services offered by the company include hardware products like intelligent displays, rugged laptops, routers, handhelds, robot controllers, etc; the OneCIS software solution, which provides a secure, flexible, scalable, and deployable tactical IT capability; and custom product development and integration services. Geographically, the company generates maximum revenue from Germany, and the rest from Sweden, Norway, the USA, Europe (excluding Nordics and Germany), and other countries.
86GF Score
Get the complete analysis for OSTO:MILDEF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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