VSTUF (Cynca Nordic AB (publ)) Return-on-Tangible-Asset: 0.12% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

VSTUF Cynca Nordic AB (publ) VSTUF
43 GF Score
Price $0.95
GF Value $0.42
! 6 Warning Signs
View Full Analysis

What is Cynca Nordic AB (publ) Return-on-Tangible-Asset?

Cynca Nordic AB (publ) VSTUF 43 Return-on-Tangible-Asset is 0.12% as of Jun. 2026. GuruFocus rates VSTUF with a GF Score™ of 43/100 and a GF Value™ of $0.42. The stock has 6 warning signs investors should review. Among 1,780 Construction companies, Cynca Nordic AB (publ) ranks worse than 92.81% 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. Cynca Nordic AB (publ)'s annualized Net Income for the quarter that ended in Jun. 2026 was $0.4 Mil. Cynca Nordic AB (publ)'s average total tangible assets for the quarter that ended in Jun. 2026 was $340.0 Mil. Therefore, Cynca Nordic AB (publ)'s annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 0.12%.

The historical rank and industry rank for Cynca Nordic AB (publ)'s Return-on-Tangible-Asset or its related term are showing as below:

VSTUF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -136.28   Med: -10.81   Max: 3.93
Current: -14.14

During the past 13 years, Cynca Nordic AB (publ)'s highest Return-on-Tangible-Asset was 3.93%. The lowest was -136.28%. And the median was -10.81%.

VSTUF's Return-on-Tangible-Asset is ranked worse than
92.81% of 1780 companies
in the Construction industry
Industry Median: 3.06 vs VSTUF: -14.14

Cynca Nordic AB (publ)  (OTCPK:VSTUF) 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.


Cynca Nordic AB (publ) Return-on-Tangible-Asset Related Terms


Cynca Nordic AB (publ) Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Cynca Nordic AB (publ)'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.

Cynca Nordic AB (publ) Return-on-Tangible-Asset Chart

Cynca Nordic AB (publ) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 3.67 -11.53 -6.95 -6.62

Cynca Nordic AB (publ) Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -4.79 4.71 -19.43 -58.01 0.12

VSTUF vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison

For the Engineering & Construction subindustry, Cynca Nordic AB (publ)'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.


Cynca Nordic AB (publ) Return-on-Tangible-Asset vs Construction Industry

For the Construction industry and Industrials sector, Cynca Nordic AB (publ)'s Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Cynca Nordic AB (publ)'s Return-on-Tangible-Asset falls into.


VSTUF
43GF Score
Cynca Nordic AB (publ) VSTUF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cynca Nordic AB (publ) Return-on-Tangible-Asset Calculation

Cynca Nordic AB (publ)'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 )
=-14.741/( (237.323+207.887)/ 2 )
=-14.741/222.605
=-6.62 %

Cynca Nordic AB (publ)'s annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=0.42/( (197.699+482.371)/ 2 )
=0.42/340.035
=0.12 %

* 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 0.12% mean?
Cynca Nordic AB (publ) (VSTUF) has a Return-on-Tangible-Asset of 0.12% 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 Cynca Nordic AB (publ) and its competitors. According to the industry distribution chart, Cynca Nordic AB (publ) ranks #1652 out of 1780 companies in the Construction industry, placing it in the top 92.8%.
Is Cynca Nordic AB (publ)'s Return-on-Tangible-Asset too high?
Cynca Nordic AB (publ)'s current Return-on-Tangible-Asset is 0.12%. The Construction industry median Return-on-Tangible-Asset is 3.06. Cynca Nordic AB (publ)'s value of 0.12% is 96.1% below this industry median. Based on the distribution chart, Cynca Nordic AB (publ) ranks #1652 out of 1780 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Cynca Nordic AB (publ) has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Cynca Nordic AB (publ)'s Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Cynca Nordic AB (publ) ranks #1652 out of 1780 companies for Return-on-Tangible-Asset. This places Cynca Nordic AB (publ) in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.06. Cynca Nordic AB (publ)'s value of 0.12% is 96.1% below 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 a Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.06, based on 1,780 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. Cynca Nordic AB (publ)'s current Return-on-Tangible-Asset of 0.12% is 96.1% below 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 Cynca Nordic AB (publ) and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cynca Nordic AB (publ)'s current Return-on-Tangible-Asset is 0.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cynca Nordic AB (publ) stock overvalued right now?
Cynca Nordic AB (publ) (VSTUF) has a current Return-on-Tangible-Asset of 0.12%. The stock's GF Value™ is $0.42, compared to a current price of $0.95 — trading 125.3% above its estimated fair value. The current Return-on-Tangible-Asset is 0.12% and 96.1% below the Construction industry median of 3.06. Cynca Nordic AB (publ)'s overall GF Score™ is 43/100 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 Cynca Nordic AB (publ) (VSTUF), the current Return-on-Tangible-Asset is 0.12% 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 Cynca Nordic AB (publ) (VSTUF) Overvalued in 2026?

Based on GuruFocus' analysis, Cynca Nordic AB (publ) stock appears to be overvalued. The current stock price of $0.95 is trading 125.3% above its estimated GF Value™ of $0.42.

Key valuation signals for VSTUF:

  • Return-on-Tangible-Asset: 0.12%
  • GF Value™: $0.42 vs. price of $0.95 (125.3% above fair value)
  • GF Score™: 43/100 with 6 warning signs
  • Industry Position: 96.1% below the Construction median (#1652 of 1780)

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


Cynca Nordic AB (publ) Business Description

Other Exchanges VESTUM:SwedenW0S:Germany
Address Kungsgatan 26, Stockholm, SWE, 111 35
Vestum AB provides services and products to the infrastructure sector. The group develops and acquires specialist companies that operate within critical infrastructure. The business model is built on combining local presence with technical expertise and offerings that support modernisation and long-term sustainable development in the Nordic region and the United Kingdom. By focusing on structurally attractive markets where the need for renovation, energy efficiency, safety, and robust systems is increasing, and create value for both customers and society. Vestum's business model is based on decentralised governance, powerful industry and customer focus, and entrepreneurial drive. The group is developing and constructing a climate-adapted and more sustainable.
43GF Score

Get the complete analysis for VSTUF

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

$0.95
Price
$0.42
GF Value