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Nordic Flanges Group ABOSTO:NFGAB 32 Return-on-Tangible-Asset is 6.49% as of Mar. 2026. GuruFocus rates OSTO:NFGAB with a GF Score™ of 32/100 and a GF Value™ of kr5.17 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 3,078 Industrial Products companies, Nordic Flanges Group AB ranks worse than 51.23% 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. Nordic Flanges Group AB's annualizedNet Income for the quarter that ended in Mar. 2026 was kr7.2 Mil. Nordic Flanges Group AB's average total tangible assets for the quarter that ended in Mar. 2026 was kr111.7 Mil. Therefore, Nordic Flanges Group AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.49%.
The historical rank and industry rank for Nordic Flanges Group AB's Return-on-Tangible-Asset or its related term are showing as below:
OSTO:NFGAB'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -15.36 Med: -9.65 Max: 3.08
Current: 3.08
During the past 13 years, Nordic Flanges Group AB's highest Return-on-Tangible-Asset was 3.08%. The lowest was -15.36%. And the median was -9.65%.
OSTO:NFGAB's Return-on-Tangible-Asset is ranked worse than 51.23% of 3078
companies
in the Industrial Products industry
Industry Median: 3.26
vs OSTO:NFGAB: 3.08
Nordic Flanges Group AB (OSTO:NFGAB) 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.
Nordic Flanges Group AB Return-on-Tangible-Asset Related Terms
Nordic Flanges Group AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Nordic Flanges 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.
Nordic Flanges Group AB Return-on-Tangible-Asset Chart
OSTO:NFGAB vs CRS, ATI, MLI: Return-on-Tangible-Asset Comparison
For the Metal Fabrication subindustry, Nordic Flanges 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.
Nordic Flanges Group AB Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nordic Flanges Group AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nordic Flanges 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 6.49% mean?
Nordic Flanges Group AB (OSTO:NFGAB) has a Return-on-Tangible-Asset of 6.49% 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 Nordic Flanges Group AB and its competitors. According to the industry distribution chart, Nordic Flanges Group AB ranks #1577 out of 3078 companies in the Industrial Products industry, placing it in the top 51.2%.
Is Nordic Flanges Group AB's Return-on-Tangible-Asset too high?
Nordic Flanges Group AB's current Return-on-Tangible-Asset is 6.49%. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Nordic Flanges Group AB's value of 6.49% is 99.1% above this industry median. Based on the distribution chart, Nordic Flanges Group AB ranks #1577 out of 3078 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Nordic Flanges Group AB has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordic Flanges Group AB's Return-on-Tangible-Asset compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Nordic Flanges Group AB ranks #1577 out of 3078 companies for Return-on-Tangible-Asset. This places Nordic Flanges Group AB in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.26. Nordic Flanges Group AB's value of 6.49% is 99.1% 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 Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.26, based on 3,078 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. Nordic Flanges Group AB's current Return-on-Tangible-Asset of 6.49% is 99.1% 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 Nordic Flanges Group AB and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic Flanges Group AB's current Return-on-Tangible-Asset is 6.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Flanges Group AB stock overvalued right now?
Based on GuruFocus' analysis, Nordic Flanges Group AB (OSTO:NFGAB) is currently considered Significantly Overvalued. The stock's GF Value™ is kr5.17, compared to a current price of kr20.00 — trading 286.8% above its estimated fair value. The current Return-on-Tangible-Asset is 6.49% and 99.1% above the Industrial Products industry median of 3.26. Nordic Flanges Group AB's overall GF Score™ is 32/100 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 Nordic Flanges Group AB (OSTO:NFGAB), the current Return-on-Tangible-Asset is 6.49% 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 Nordic Flanges Group AB (OSTO:NFGAB) Overvalued in 2026?
Based on GuruFocus' analysis, Nordic Flanges Group AB stock appears to be overvalued.
The current stock price of kr20.00 is trading 286.8% above its estimated GF Value™ of kr5.17.
GuruFocus considers Nordic Flanges Group AB to be Significantly Overvalued.
Key valuation signals for OSTO:NFGAB:
Return-on-Tangible-Asset: 6.49%
GF Value™: kr5.17 vs. price of kr20.00 (286.8% above fair value)
Industry Position: 99.1% above the Industrial Products median (#1577 of 3078)
No single metric tells the full story. See the OSTO:NFGAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nordic Flanges Group AB is a supplier of industrial flanges in the Nordic region. Its business concept is to deliver flange solutions in stainless steel, aluminum and steel with the customer service on the market. Its products include Stainless steel, carbon steel, aluminum, and laboratory equipment.
32GF Score
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