Avanza Bank Holding ABAVVZF 82 Return-on-Tangible-Equity is 35.64% as of Mar. 2026, which is 2% below its 10-year median of 36.32. GuruFocus rates AVVZF with a GF Score™ of 82/100 and a GF Value™ of $20.43. The stock has 4 warning signs investors should review. Among 1,523 Banks companies, Avanza Bank Holding AB ranks better than 97.64% 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. Avanza Bank Holding AB's annualized net income for the quarter that ended in Mar. 2026 was $323.7 Mil. Avanza Bank Holding AB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $908.4 Mil. Therefore, Avanza Bank Holding AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 35.64%.
The historical rank and industry rank for Avanza Bank Holding AB's Return-on-Tangible-Equity or its related term are showing as below:
AVVZF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 24.32 Med: 36.32 Max: 53.84
Current: 35.58
During the past 13 years, Avanza Bank Holding AB's highest Return-on-Tangible-Equity was 53.84%. The lowest was 24.32%. And the median was 36.32%.
AVVZF's Return-on-Tangible-Equity is ranked better than 97.64% of 1523
companies
in the Banks industry
Industry Median: 11.19
vs AVVZF: 35.58
Avanza Bank Holding AB (OTCPK:AVVZF) 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.
Avanza Bank Holding AB Return-on-Tangible-Equity Related Terms
Avanza Bank Holding AB Return-on-Tangible-Equity Historical Data
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The historical data trend for Avanza Bank Holding AB'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.
Avanza Bank Holding AB Return-on-Tangible-Equity Chart
AVVZF vs PNC, USB: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, Avanza Bank Holding AB'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.
Avanza Bank Holding AB Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Avanza Bank Holding AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Avanza Bank Holding AB's Return-on-Tangible-Equity 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-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 four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 35.64% mean?
Avanza Bank Holding AB (AVVZF) has a Return-on-Tangible-Equity of 35.64% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Avanza Bank Holding AB and its competitors. This is near median its historical median of 36.32. Over the past decade, Avanza Bank Holding AB's Return-on-Tangible-Equity has ranged from 24.32 to 53.84. According to the industry distribution chart, Avanza Bank Holding AB ranks #36 out of 1523 companies in the Banks industry, placing it in the top 2.4%.
Is Avanza Bank Holding AB's Return-on-Tangible-Equity too high?
Avanza Bank Holding AB's current Return-on-Tangible-Equity of 35.64% is near median its 10-year median of 36.32. Over the past 10 years, this metric has ranged from a low of 24.32 to a high of 53.84. The Banks industry median Return-on-Tangible-Equity is 11.19. Avanza Bank Holding AB's value of 35.64% is 218.5% above this industry median. Based on the distribution chart, Avanza Bank Holding AB ranks #36 out of 1523 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Avanza Bank Holding AB has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Avanza Bank Holding AB's Return-on-Tangible-Equity compare to PNC and USB?
According to the Banks industry distribution chart, Avanza Bank Holding AB ranks #36 out of 1523 companies for Return-on-Tangible-Equity. This places Avanza Bank Holding AB in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 11.19. Avanza Bank Holding AB's value of 35.64% is 218.5% above this benchmark. Historically, Avanza Bank Holding AB's own Return-on-Tangible-Equity has ranged from 24.32 to 53.84 over the past decade. While the company's 10-year median is 36.32 vs. the industry median of 11.19, Avanza Bank Holding 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-Equity for a Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.19, based on 1,523 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. Avanza Bank Holding AB's current Return-on-Tangible-Equity of 35.64% is 218.5% 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 Avanza Bank Holding AB and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avanza Bank Holding AB's current Return-on-Tangible-Equity is 35.64%, which is near median its own 10-year median of 36.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avanza Bank Holding AB stock overvalued right now?
Avanza Bank Holding AB (AVVZF) has a current Return-on-Tangible-Equity of 35.64%. The stock's GF Value™ is $20.43, compared to a current price of $22.62 — trading 10.7% above its estimated fair value. The current Return-on-Tangible-Equity is 35.64%, which is near median its 10-year median of 36.32 and 218.5% above the Banks industry median of 11.19. Avanza Bank Holding AB's overall GF Score™ is 82/100 with 4 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 Avanza Bank Holding AB (AVVZF), the current Return-on-Tangible-Equity is 35.64% 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 Avanza Bank Holding AB (AVVZF) Overvalued in 2026?
Based on GuruFocus' analysis, Avanza Bank Holding AB stock appears to be overvalued.
The current stock price of $22.62 is trading 10.7% above its estimated GF Value™ of $20.43.
Key valuation signals for AVVZF:
Return-on-Tangible-Equity: 35.64% (near median its 10-year median of 36.32)
GF Value™: $20.43 vs. price of $22.62 (10.7% above fair value)
Industry Position: 218.5% above the Banks median (#36 of 1523)
No single metric tells the full story. See the AVVZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Avanza Bank Holding AB operates a platform for savings and investments. It offers a range of savings products, competitive occupational pension solutions, margin lending and mortgages. Customers are offered to save in Swedish and foreign securities and in savings accounts at very low fees and at competitive rates. The company serves individual investors, professional traders and corporate customers, such as entrepreneurs, asset managers and firms that want occupational pensions for their employees.
82GF Score
Get the complete analysis for AVVZF
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