BLRDF (Billerud AB) Return-on-Tangible-Equity: -3.45% (As of Mar. 2026)


BLRDF Billerud AB BLRDF
59 GF Score
Price $6.23
GF Value $9.83
Valuation Possible Value Trap
! 6 Warning Signs
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What is Billerud AB Return-on-Tangible-Equity?

Billerud AB BLRDF 59 Return-on-Tangible-Equity is -3.45% as of Mar. 2026. GuruFocus rates BLRDF with a GF Score™ of 59/100 and a GF Value™ of $9.83 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 280 Forest Products companies, Billerud AB ranks worse than 60.36% 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. Billerud AB's annualized net income for the quarter that ended in Mar. 2026 was $-94 Mil. Billerud AB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $2,726 Mil. Therefore, Billerud AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -3.45%.

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

BLRDF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.3   Med: 8.57   Max: 45.5
Current: 0.3

During the past 13 years, Billerud AB's highest Return-on-Tangible-Equity was 45.50%. The lowest was 0.30%. And the median was 8.57%.

BLRDF's Return-on-Tangible-Equity is ranked worse than
60.36% of 280 companies
in the Forest Products industry
Industry Median: 2.145 vs BLRDF: 0.30

Billerud AB  (OTCPK:BLRDF) 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.


Billerud AB Return-on-Tangible-Equity Related Terms


Billerud AB Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Billerud 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.

Billerud AB Return-on-Tangible-Equity Chart

Billerud 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 8.04 19.26 1.88 6.57 2.97

Billerud 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 6.50 0.88 -1.01 4.83 -3.45

BLRDF vs SLVM: Return-on-Tangible-Equity Comparison

For the Paper & Paper Products subindustry, Billerud 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.


Billerud AB Return-on-Tangible-Equity vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Billerud AB's Return-on-Tangible-Equity distribution charts can be found below:

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


BLRDF
59GF Score
Billerud AB BLRDF
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Billerud AB Return-on-Tangible-Equity Calculation

Billerud 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 )
=76.505/( (2429.04+2728.789 )/ 2 )
=76.505/2578.9145
=2.97 %

Billerud 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 )
=-94.02/( (2728.789+2722.491)/ 2 )
=-94.02/2725.64
=-3.45 %

* 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 -3.45% mean?
Billerud AB (BLRDF) has a Return-on-Tangible-Equity of -3.45% 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 Billerud AB and its competitors. Over the past decade, Billerud AB's Return-on-Tangible-Equity has ranged from 0.30 to 45.50. According to the industry distribution chart, Billerud AB ranks #169 out of 280 companies in the Forest Products industry, placing it in the top 60.4%.
Is Billerud AB's Return-on-Tangible-Equity too high?
Billerud AB's current Return-on-Tangible-Equity is -3.45%. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 45.50. Based on the distribution chart, Billerud AB ranks #169 out of 280 companies in the Forest Products industry, which is below the industry midpoint. Overall, Billerud AB has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Billerud AB's Return-on-Tangible-Equity compare to SLVM?
According to the Forest Products industry distribution chart, Billerud AB ranks #169 out of 280 companies for Return-on-Tangible-Equity. This places Billerud AB in the lower half of its industry. The industry median Return-on-Tangible-Equity is 2.15. Historically, Billerud AB's own Return-on-Tangible-Equity has ranged from 0.30 to 45.50 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 Forest Products company?
The median Return-on-Tangible-Equity among Forest Products companies is 2.15, based on 280 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. 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 Billerud AB and its competitors. For the Forest Products industry, the median Return-on-Tangible-Equity is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Billerud AB's current Return-on-Tangible-Equity is -3.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Billerud AB stock overvalued right now?
Based on GuruFocus' analysis, Billerud AB (BLRDF) is currently considered Possible Value Trap. The stock's GF Value™ is $9.83, compared to a current price of $6.23 — trading 36.6% below its estimated fair value. The current Return-on-Tangible-Equity is -3.45%. Billerud AB's overall GF Score™ is 59/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Billerud AB (BLRDF), the current Return-on-Tangible-Equity is -3.45% 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 Billerud AB (BLRDF) Overvalued in 2026?

Based on GuruFocus' analysis, Billerud AB stock appears to be undervalued. The current stock price of $6.23 is trading 36.6% below its estimated GF Value™ of $9.83. GuruFocus considers Billerud AB to be Possible Value Trap.

Key valuation signals for BLRDF:

  • Return-on-Tangible-Equity: -3.45%
  • GF Value™: $9.83 vs. price of $6.23 (36.6% below fair value)
  • GF Score™: 59/100 with 6 warning signs

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


Billerud AB Business Description

Address Evenemangsgatan 17, P.O. Box 703, Solna, Stockholm, SWE, SE-169 27
Billerud AB produces a variety of packaging, paper, and board products. Its product offerings include Cartonboard, Sack Paper, Coated sheets, Web papers, Hardwood Pulp, and Containerboard, among others. The company has has three operating segments: Region Europe, Region North America and Other. The majority of revenue is derived from the Region Europe segment.
59GF Score

Get the complete analysis for BLRDF

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

$6.23
Price
$9.83
GF Value