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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. Aker Horizons ASA's annualized net income for the quarter that ended in Jun. 2025 was kr-2,730 Mil. Aker Horizons ASA's average shareholder tangible equity for the quarter that ended in Jun. 2025 was kr678 Mil. Therefore, Aker Horizons ASA's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2025 was -402.95%.
The historical rank and industry rank for Aker Horizons ASA's Return-on-Tangible-Equity or its related term are showing as below:
CHIX:AKHo'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -261.26 Med: -201.76 Max: -62.78
Current: -261.26
During the past 6 years, Aker Horizons ASA's highest Return-on-Tangible-Equity was -62.78%. The lowest was -261.26%. And the median was -201.76%.
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.
Aker Horizons ASA Return-on-Tangible-Equity Related Terms
Aker Horizons ASA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Aker Horizons ASA'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.
For the Utilities - Renewable subindustry, Aker Horizons ASA'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.
Aker Horizons ASA Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Aker Horizons ASA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Aker Horizons ASA'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 two times the semi-annual (Jun. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -402.95% mean?
Aker Horizons ASA (CHIX:AKHO) has a Return-on-Tangible-Equity of -402.95% as of Jun. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Aker Horizons ASA and its competitors.
Is Aker Horizons ASA's Return-on-Tangible-Equity too high?
Aker Horizons ASA's current Return-on-Tangible-Equity is -402.95%. Overall, Aker Horizons ASA has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Aker Horizons ASA's Return-on-Tangible-Equity compare to competitors?
Aker Horizons ASA's Return-on-Tangible-Equity of -402.95% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Return-on-Tangible-Equity is 4.68. 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 an Utilities - Independent Power Producers company?
The median Return-on-Tangible-Equity among Utilities - Independent Power Producers companies is 4.68, based on 427 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 Aker Horizons ASA and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aker Horizons ASA's current Return-on-Tangible-Equity is -402.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aker Horizons ASA stock overvalued right now?
Aker Horizons ASA (CHIX:AKHO) has a current Return-on-Tangible-Equity of -402.95%. The stock's GF Value™ is kr238.32, compared to a current price of kr1.49 — trading 99.4% below its estimated fair value. The current Return-on-Tangible-Equity is -402.95%. Aker Horizons ASA's overall GF Score™ is 36/100 with 2 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 Aker Horizons ASA (CHIX:AKHO), the current Return-on-Tangible-Equity is -402.95% as of Jun. 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 Aker Horizons ASA (CHIX:AKHO) Overvalued in 2026?
Based on GuruFocus' analysis, Aker Horizons ASA stock appears to be undervalued.
The current stock price of kr1.49 is trading 99.4% below its estimated GF Value™ of kr238.32.
Key valuation signals for CHIX:AKHO:
Return-on-Tangible-Equity: -402.95%
GF Value™: kr238.32 vs. price of kr1.49 (99.4% below fair value)
No single metric tells the full story. See the CHIX:AKHO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aker Horizons ASA is an investment management company. It invests in and develops companies within renewable energy sectors and other technologies that make material contributions to reducing emissions or promoting sustainable living. The company's reportable segments are Aker Carbon Capture (ACC), Asset Development (AAD), Mainstream Renewable Power (Mainstream), Aker Horizons and holdings, and Others. Company operates in Australia, Norway, USA, Korea, Ireland, Chile, South Africa, Indonesia, Colombia, Uk, Germany, and other.
36GF Score
Get the complete analysis for CHIX:AKHO
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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