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Sleep Cycle ABOSTO:SLEEP +0.20%89 Return-on-Tangible-Asset is 12.08% as of Mar. 2026, which is 54% below its 10-year median of 26.47. GuruFocus rates OSTO:SLEEP with a GF Score™ of 89/100 and a GF Value™ of kr30.06 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,892 Software companies, Sleep Cycle AB ranks better than 93.26% 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. Sleep Cycle AB's annualizedNet Income for the quarter that ended in Mar. 2026 was kr22.0 Mil. Sleep Cycle AB's average total tangible assets for the quarter that ended in Mar. 2026 was kr182.3 Mil. Therefore, Sleep Cycle AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 12.08%.
The historical rank and industry rank for Sleep Cycle AB's Return-on-Tangible-Asset or its related term are showing as below:
OSTO:SLEEP'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.95 Med: 26.47 Max: 43.58
Current: 23.02
During the past 9 years, Sleep Cycle AB's highest Return-on-Tangible-Asset was 43.58%. The lowest was 4.95%. And the median was 26.47%.
OSTO:SLEEP's Return-on-Tangible-Asset is ranked better than 93.26% of 2892
companies
in the Software industry
Industry Median: 2.055
vs OSTO:SLEEP: 23.02
Sleep Cycle AB (OSTO:SLEEP) 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.
Sleep Cycle AB Return-on-Tangible-Asset Related Terms
Sleep Cycle AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sleep Cycle 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:SLEEP vs UBER, SHOP, CRM: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, Sleep Cycle 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.
Sleep Cycle AB Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Sleep Cycle AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sleep Cycle 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 12.08% mean?
Sleep Cycle AB (OSTO:SLEEP) has a Return-on-Tangible-Asset of 12.08% 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 Sleep Cycle AB and its competitors. This is 54% below median its historical median of 26.47. Over the past decade, Sleep Cycle AB's Return-on-Tangible-Asset has ranged from 4.95 to 43.58. According to the industry distribution chart, Sleep Cycle AB ranks #195 out of 2892 companies in the Software industry, placing it in the top 6.7%.
Is Sleep Cycle AB's Return-on-Tangible-Asset too high?
Sleep Cycle AB's current Return-on-Tangible-Asset of 12.08% is 54% below median its 10-year median of 26.47. Over the past 10 years, this metric has ranged from a low of 4.95 to a high of 43.58. The Software industry median Return-on-Tangible-Asset is 2.06. Sleep Cycle AB's value of 12.08% is 487.8% above this industry median. Based on the distribution chart, Sleep Cycle AB ranks #195 out of 2892 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Sleep Cycle AB has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sleep Cycle AB's Return-on-Tangible-Asset compare to UBER and SHOP?
According to the Software industry distribution chart, Sleep Cycle AB ranks #195 out of 2892 companies for Return-on-Tangible-Asset. This places Sleep Cycle AB in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.06. Sleep Cycle AB's value of 12.08% is 487.8% above this benchmark. Historically, Sleep Cycle AB's own Return-on-Tangible-Asset has ranged from 4.95 to 43.58 over the past decade. While the company's 10-year median is 26.47 vs. the industry median of 2.06, Sleep Cycle 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 a Software company?
The median Return-on-Tangible-Asset among Software companies is 2.06, based on 2,892 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. Sleep Cycle AB's current Return-on-Tangible-Asset of 12.08% is 487.8% 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 Sleep Cycle AB and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sleep Cycle AB's current Return-on-Tangible-Asset is 12.08%, which is 54% below median its own 10-year median of 26.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sleep Cycle AB stock overvalued right now?
Based on GuruFocus' analysis, Sleep Cycle AB (OSTO:SLEEP) is currently considered Modestly Undervalued. The stock's GF Value™ is kr30.06, compared to a current price of kr24.60 — trading 18.2% below its estimated fair value. The current Return-on-Tangible-Asset is 12.08%, which is 54% below median its 10-year median of 26.47 and 487.8% above the Software industry median of 2.06. Sleep Cycle AB's overall GF Score™ is 89/100 with 7 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 Sleep Cycle AB (OSTO:SLEEP), the current Return-on-Tangible-Asset is 12.08% 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 Sleep Cycle AB (OSTO:SLEEP) Overvalued in 2026?
Based on GuruFocus' analysis, Sleep Cycle AB stock appears to be undervalued.
The current stock price of kr24.60 is trading 18.2% below its estimated GF Value™ of kr30.06.
GuruFocus considers Sleep Cycle AB to be Modestly Undervalued.
Key valuation signals for OSTO:SLEEP:
Return-on-Tangible-Asset: 12.08% (54% below median its 10-year median of 26.47)
GF Value™: kr30.06 vs. price of kr24.60 (18.2% below fair value)
Industry Position: 487.8% above the Software median (#195 of 2892)
No single metric tells the full story. See the OSTO:SLEEP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sleep Cycle AB is a sleep tracker application. It helps people understand their sleep habits and improve their sleep. The mobile application helps users fall asleep more easily, tracks sleep patterns through the night and wakes up users in the light-sleep phase, providing valuable insights designed to improve sleep quality. Geographically group operates in Sweden and other countries in which all of revenue is generated from Sweden.
89GF Score
Get the complete analysis for OSTO:SLEEP
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