AVHNF (Ackermans & Van Haaren NV) Return-on-Tangible-Equity: 12.61% (As of Dec. 2025) — Near Median


AVHNF Ackermans & Van Haaren NV AVHNF
72 GF Score
Price $311.60
GF Value $226.64
! 9 Warning Signs
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What is Ackermans & Van Haaren NV Return-on-Tangible-Equity?

Ackermans & Van Haaren NV AVHNF +13.31% 72 Return-on-Tangible-Equity is 12.61% as of Dec. 2025, which is 9% above its 10-year median of 11.54. GuruFocus rates AVHNF with a GF Score™ of 72/100 and a GF Value™ of $226.64. The stock has 9 warning signs investors should review. Among 1,704 Construction companies, Ackermans & Van Haaren NV ranks better than 61.68% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Ackermans & Van Haaren NV's annualized net income for the quarter that ended in Dec. 2025 was $748 Mil. Ackermans & Van Haaren NV's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $5,928 Mil. Therefore, Ackermans & Van Haaren NV's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 12.61%.

The historical rank and industry rank for Ackermans & Van Haaren NV's Return-on-Tangible-Equity or its related term are showing as below:

AVHNF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.55   Med: 11.54   Max: 18.46
Current: 11.82

During the past 13 years, Ackermans & Van Haaren NV's highest Return-on-Tangible-Equity was 18.46%. The lowest was 7.55%. And the median was 11.54%.

AVHNF's Return-on-Tangible-Equity is ranked better than
61.68% of 1704 companies
in the Construction industry
Industry Median: 8.245 vs AVHNF: 11.82

Ackermans & Van Haaren NV  (OTCPK:AVHNF) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Ackermans & Van Haaren NV Return-on-Tangible-Equity Related Terms


Ackermans & Van Haaren NV Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Ackermans & Van Haaren NV's Return-on-Tangible-Equity 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.

Ackermans & Van Haaren NV Return-on-Tangible-Equity Chart

Ackermans & Van Haaren NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.96 17.92 9.34 9.68 12.35

Ackermans & Van Haaren NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity 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 10.43 8.79 10.87 11.72 12.61

AVHNF vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison

For the Engineering & Construction subindustry, Ackermans & Van Haaren NV's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Ackermans & Van Haaren NV Return-on-Tangible-Equity vs Construction Industry

For the Construction industry and Industrials sector, Ackermans & Van Haaren NV's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Ackermans & Van Haaren NV's Return-on-Tangible-Equity falls into.


AVHNF
72GF Score
Ackermans & Van Haaren NV AVHNF
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Ackermans & Van Haaren NV Return-on-Tangible-Equity Calculation

Ackermans & Van Haaren NV's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=693.85/( (5067.775+6169.048 )/ 2 )
=693.85/5618.4115
=12.35 %

Ackermans & Van Haaren NV's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=747.776/( (5687.296+6169.048)/ 2 )
=747.776/5928.172
=12.61 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 12.61% mean?
Ackermans & Van Haaren NV (AVHNF) has a Return-on-Tangible-Equity of 12.61% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ackermans & Van Haaren NV and its competitors. This is near median its historical median of 11.54. Over the past decade, Ackermans & Van Haaren NV's Return-on-Tangible-Equity has ranged from 7.55 to 18.46. According to the industry distribution chart, Ackermans & Van Haaren NV ranks #653 out of 1704 companies in the Construction industry, placing it in the top 38.3%.
Is Ackermans & Van Haaren NV's Return-on-Tangible-Equity too high?
Ackermans & Van Haaren NV's current Return-on-Tangible-Equity of 12.61% is near median its 10-year median of 11.54. Over the past 10 years, this metric has ranged from a low of 7.55 to a high of 18.46. The Construction industry median Return-on-Tangible-Equity is 8.25. Ackermans & Van Haaren NV's value of 12.61% is 52.9% above this industry median. Based on the distribution chart, Ackermans & Van Haaren NV ranks #653 out of 1704 companies in the Construction industry, which is above the industry midpoint. Overall, Ackermans & Van Haaren NV has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Ackermans & Van Haaren NV's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Ackermans & Van Haaren NV ranks #653 out of 1704 companies for Return-on-Tangible-Equity. This puts Ackermans & Van Haaren NV in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.25. Ackermans & Van Haaren NV's value of 12.61% is 52.9% above this benchmark. Historically, Ackermans & Van Haaren NV's own Return-on-Tangible-Equity has ranged from 7.55 to 18.46 over the past decade. While the company's 10-year median is 11.54 vs. the industry median of 8.25, Ackermans & Van Haaren NV 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-Equity for a Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.25, based on 1,704 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ackermans & Van Haaren NV's current Return-on-Tangible-Equity of 12.61% is 52.9% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ackermans & Van Haaren NV and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ackermans & Van Haaren NV's current Return-on-Tangible-Equity is 12.61%, which is near median its own 10-year median of 11.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ackermans & Van Haaren NV stock overvalued right now?
Ackermans & Van Haaren NV (AVHNF) has a current Return-on-Tangible-Equity of 12.61%. The stock's GF Value™ is $226.64, compared to a current price of $311.60 — trading 37.5% above its estimated fair value. The current Return-on-Tangible-Equity is 12.61%, which is near median its 10-year median of 11.54 and 52.9% above the Construction industry median of 8.25. Ackermans & Van Haaren NV's overall GF Score™ is 72/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Ackermans & Van Haaren NV (AVHNF), the current Return-on-Tangible-Equity is 12.61% as of Dec. 2025. 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 Ackermans & Van Haaren NV (AVHNF) Overvalued in 2026?

Based on GuruFocus' analysis, Ackermans & Van Haaren NV stock appears to be overvalued. The current stock price of $311.60 is trading 37.5% above its estimated GF Value™ of $226.64.

Key valuation signals for AVHNF:

  • Return-on-Tangible-Equity: 12.61% (near median its 10-year median of 11.54)
  • GF Value™: $226.64 vs. price of $311.60 (37.5% above fair value)
  • GF Score™: 72/100 with 9 warning signs
  • Industry Position: 52.9% above the Construction median (#653 of 1704)

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


Ackermans & Van Haaren NV Business Description

Address Begijnenvest 113, Antwerp, BEL, 2000
Ackermans & Van Haaren NV is an investment company. It is a diversified group active in Marine Engineering & Contracting, Private Banking, Real Estate, Energy & Resources, and Growth Capital. The company's business segments include: Marine Engineering and Contracting, Private Banking, Real Estate, Energy and Resources, and AvH and Growth Capital. The majority of revenue is derived from the Marine Engineering & Contracting segment.
72GF Score

Get the complete analysis for AVHNF

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

$311.60
Price
$226.64
GF Value