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.
The historical rank and industry rank for Scandinavian Enviro Systems AB's Return-on-Tangible-Asset or its related term are showing as below:
OSTO:SES'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -164.22 Med: -36.22 Max: 17.64
Current: -164.22
During the past 13 years, Scandinavian Enviro Systems AB's highest Return-on-Tangible-Asset was 17.64%. The lowest was -164.22%. And the median was -36.22%.
OSTO:SES's Return-on-Tangible-Asset is ranked worse than 98.36% of 244
companies
in the Waste Management industry
Industry Median: 2.135
vs OSTO:SES: -164.22
Scandinavian Enviro Systems AB (OSTO:SES) 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.
Scandinavian Enviro Systems AB Return-on-Tangible-Asset Related Terms
Scandinavian Enviro Systems AB Return-on-Tangible-Asset Historical Data
* 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.
Scandinavian Enviro Systems AB Return-on-Tangible-Asset Chart
OSTO:SES vs WM, RSG, WCN: Return-on-Tangible-Asset Comparison
For the Waste Management subindustry, Scandinavian Enviro Systems 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.
Scandinavian Enviro Systems AB Return-on-Tangible-Asset vs Waste Management Industry
For the Waste Management industry and Industrials sector, Scandinavian Enviro Systems AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Scandinavian Enviro Systems 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 -197.58% mean?
Scandinavian Enviro Systems AB (OSTO:SES) has a Return-on-Tangible-Asset of -197.58% 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 Scandinavian Enviro Systems AB and its competitors. According to the industry distribution chart, Scandinavian Enviro Systems AB ranks #240 out of 244 companies in the Waste Management industry, placing it in the top 98.4%.
Is Scandinavian Enviro Systems AB's Return-on-Tangible-Asset too high?
Scandinavian Enviro Systems AB's current Return-on-Tangible-Asset is -197.58%. Based on the distribution chart, Scandinavian Enviro Systems AB ranks #240 out of 244 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Scandinavian Enviro Systems AB has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Scandinavian Enviro Systems AB's Return-on-Tangible-Asset compare to WM and RSG?
According to the Waste Management industry distribution chart, Scandinavian Enviro Systems AB ranks #240 out of 244 companies for Return-on-Tangible-Asset. This places Scandinavian Enviro Systems AB in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.14. 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 Waste Management company?
The median Return-on-Tangible-Asset among Waste Management companies is 2.14, based on 244 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. 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 Scandinavian Enviro Systems AB and its competitors. For the Waste Management industry, the median Return-on-Tangible-Asset is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scandinavian Enviro Systems AB's current Return-on-Tangible-Asset is -197.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scandinavian Enviro Systems AB stock overvalued right now?
Based on GuruFocus' analysis, Scandinavian Enviro Systems AB (OSTO:SES) is currently considered Possible Value Trap. The stock's GF Value™ is kr0.55, compared to a current price of kr0.21 — trading 62% below its estimated fair value. The current Return-on-Tangible-Asset is -197.58%. Scandinavian Enviro Systems AB's overall GF Score™ is 54/100 with 5 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 Scandinavian Enviro Systems AB (OSTO:SES), the current Return-on-Tangible-Asset is -197.58% 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 Scandinavian Enviro Systems AB (OSTO:SES) Overvalued in 2026?
Based on GuruFocus' analysis, Scandinavian Enviro Systems AB stock appears to be undervalued.
The current stock price of kr0.21 is trading 62% below its estimated GF Value™ of kr0.55.
GuruFocus considers Scandinavian Enviro Systems AB to be Possible Value Trap.
Key valuation signals for OSTO:SES:
Return-on-Tangible-Asset: -197.58%
GF Value™: kr0.55 vs. price of kr0.21 (62% below fair value)
No single metric tells the full story. See the OSTO:SES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scandinavian Enviro Systems AB Business Description
Scandinavian Enviro Systems AB functions as a recycling company in Sweden. Its technology enables changing the chemical composition and the physical phase of the tire material during the process. The company operates recycling facilities for recovering carbon black, oil, steel, and gas from waste tires.
54GF Score
Get the complete analysis for OSTO:SES
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
OSTO:SES has been successfully added to your 
