BLIDF (Boliden AB) Return-on-Tangible-Equity: 20.20% (As of Mar. 2026) — 15% Above Median


BLIDF Boliden AB BLIDF
87 GF Score
Price $53.14
GF Value $38.80
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Boliden AB Return-on-Tangible-Equity?

Boliden AB BLIDF 87 Return-on-Tangible-Equity is 20.20% as of Mar. 2026, which is 15% above its 10-year median of 17.53. GuruFocus rates BLIDF with a GF Score™ of 87/100 and a GF Value™ of $38.80 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,377 Metals & Mining companies, Boliden AB ranks better than 85.99% 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. Boliden AB's annualized net income for the quarter that ended in Mar. 2026 was $1,640 Mil. Boliden AB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $8,118 Mil. Therefore, Boliden AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 20.20%.

The historical rank and industry rank for Boliden AB's Return-on-Tangible-Equity or its related term are showing as below:

BLIDF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.28   Med: 17.53   Max: 24.33
Current: 15.63

During the past 13 years, Boliden AB's highest Return-on-Tangible-Equity was 24.33%. The lowest was 11.28%. And the median was 17.53%.

BLIDF's Return-on-Tangible-Equity is ranked better than
85.99% of 2377 companies
in the Metals & Mining industry
Industry Median: -16.19 vs BLIDF: 15.63

Boliden AB  (OTCPK:BLIDF) 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.


Boliden AB Return-on-Tangible-Equity Related Terms


Boliden AB Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Boliden 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.

Boliden AB Return-on-Tangible-Equity Chart

Boliden AB 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 18.71 22.83 11.35 16.97 15.01

Boliden AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 14.37 3.56 13.56 24.49 20.20

Boliden AB Return-on-Tangible-Equity Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Boliden 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.


Boliden AB Return-on-Tangible-Equity vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Boliden AB's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Boliden AB's Return-on-Tangible-Equity falls into.


BLIDF
87GF Score
Boliden AB BLIDF
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Boliden AB Return-on-Tangible-Equity Calculation

Boliden AB'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 )
=1011.89/( (5600.91+7880.131 )/ 2 )
=1011.89/6740.5205
=15.01 %

Boliden AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1639.548/( (7880.131+8356.266)/ 2 )
=1639.548/8118.1985
=20.20 %

* 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 20.20% mean?
Boliden AB (BLIDF) has a Return-on-Tangible-Equity of 20.20% 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 Boliden AB and its competitors. This is 15% above median its historical median of 17.53. Over the past decade, Boliden AB's Return-on-Tangible-Equity has ranged from 11.28 to 24.33. According to the industry distribution chart, Boliden AB ranks #333 out of 2377 companies in the Metals & Mining industry, placing it in the top 14%.
Is Boliden AB's Return-on-Tangible-Equity too high?
Boliden AB's current Return-on-Tangible-Equity of 20.20% is 15% above median its 10-year median of 17.53. Over the past 10 years, this metric has ranged from a low of 11.28 to a high of 24.33. Based on the distribution chart, Boliden AB ranks #333 out of 2377 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Boliden AB has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Boliden AB's Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Boliden AB ranks #333 out of 2377 companies for Return-on-Tangible-Equity. This places Boliden AB in the top 14% of its industry — outperforming the majority of peers. Historically, Boliden AB's own Return-on-Tangible-Equity has ranged from 11.28 to 24.33 over the past decade. 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 Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. However, Return-on-Tangible-Equity 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-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 Boliden AB and its competitors. Boliden AB's current Return-on-Tangible-Equity is 20.20%, which is 15% above median its own 10-year median of 17.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boliden AB stock overvalued right now?
Based on GuruFocus' analysis, Boliden AB (BLIDF) is currently considered Significantly Overvalued. The stock's GF Value™ is $38.80, compared to a current price of $53.14 — trading 37% above its estimated fair value. The current Return-on-Tangible-Equity is 20.20%, which is 15% above median its 10-year median of 17.53. Boliden AB's overall GF Score™ is 87/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Boliden AB (BLIDF), the current Return-on-Tangible-Equity is 20.20% 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 Boliden AB (BLIDF) Overvalued in 2026?

Based on GuruFocus' analysis, Boliden AB stock appears to be overvalued. The current stock price of $53.14 is trading 37% above its estimated GF Value™ of $38.80. GuruFocus considers Boliden AB to be Significantly Overvalued.

Key valuation signals for BLIDF:

  • Return-on-Tangible-Equity: 20.20% (15% above median its 10-year median of 17.53)
  • GF Value™: $38.80 vs. price of $53.14 (37% above fair value)
  • GF Score™: 87/100 with 7 warning signs

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


Boliden AB Business Description

Address Klarabergsviadukten 90, P.O. Box 44, Stockholm, SWE, SE-101 20
Boliden AB operates Mines and smelters in Sweden, Norway, Finland, and Ireland. The company processes zinc, copper, gold, silver and other metals and is engaged in exploration, mining, smelting, and metals recycling. The company has two operating segments: the business area smelters and the business area mines. The business area mines division comprises mining areas: Aitik, the Boliden Area, and Garpenberg in Sweden; Kevitsa in Finland; and the Tara mine in Ireland. It includes both underground mines and open-pit mines. The company generates maximum revenue from the Business area Smelters segment.
87GF Score

Get the complete analysis for BLIDF

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

$53.14
Price
$38.80
GF Value