Ferronordic ABCHIX:FNMS 83 Return-on-Tangible-Equity is 11.53% as of Mar. 2026, which is 58% below its 10-year median of 27.71. GuruFocus rates CHIX:FNMS with a GF Score™ of 83/100 and a GF Value™ of kr47.51. The stock has 7 warning signs investors should review. Among 153 Industrial Distribution companies, Ferronordic AB ranks worse than 85.62% 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. Ferronordic AB's annualized net income for the quarter that ended in Mar. 2026 was kr128 Mil. Ferronordic AB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr1,110 Mil. Therefore, Ferronordic AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.53%.
The historical rank and industry rank for Ferronordic AB's Return-on-Tangible-Equity or its related term are showing as below:
CHIX:FNMs'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -17 Med: 27.71 Max: 37.29
Current: -1.54
During the past 13 years, Ferronordic AB's highest Return-on-Tangible-Equity was 37.29%. The lowest was -17.00%. And the median was 27.71%.
CHIX:FNMs's Return-on-Tangible-Equity is ranked worse than 85.62% of 153
companies
in the Industrial Distribution industry
Industry Median: 8.96
vs CHIX:FNMs: -1.54
Ferronordic AB (CHIX:FNMs) 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.
Ferronordic AB Return-on-Tangible-Equity Related Terms
Ferronordic AB Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ferronordic 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.
CHIX:FNMS vs GWW, FAST, FERG: Return-on-Tangible-Equity Comparison
For the Industrial Distribution subindustry, Ferronordic 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.
Ferronordic AB Return-on-Tangible-Equity vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Ferronordic AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ferronordic 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 11.53% mean?
Ferronordic AB (CHIX:FNMS) has a Return-on-Tangible-Equity of 11.53% 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 Ferronordic AB and its competitors. This is 58% below median its historical median of 27.71. According to the industry distribution chart, Ferronordic AB ranks #131 out of 153 companies in the Industrial Distribution industry, placing it in the top 85.6%.
Is Ferronordic AB's Return-on-Tangible-Equity too high?
Ferronordic AB's current Return-on-Tangible-Equity of 11.53% is 58% below median its 10-year median of 27.71. The Industrial Distribution industry median Return-on-Tangible-Equity is 8.96. Ferronordic AB's value of 11.53% is 28.7% above this industry median. Based on the distribution chart, Ferronordic AB ranks #131 out of 153 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Ferronordic AB has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Ferronordic AB's Return-on-Tangible-Equity compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Ferronordic AB ranks #131 out of 153 companies for Return-on-Tangible-Equity. This places Ferronordic AB in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.96. Ferronordic AB's value of 11.53% is 28.7% above this benchmark. While the company's 10-year median is 27.71 vs. the industry median of 8.96, Ferronordic 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 an Industrial Distribution company?
The median Return-on-Tangible-Equity among Industrial Distribution companies is 8.96, based on 153 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. Ferronordic AB's current Return-on-Tangible-Equity of 11.53% is 28.7% 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 Ferronordic AB and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Equity is 8.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferronordic AB's current Return-on-Tangible-Equity is 11.53%, which is 58% below median its own 10-year median of 27.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferronordic AB stock overvalued right now?
Ferronordic AB (CHIX:FNMS) has a current Return-on-Tangible-Equity of 11.53%. The stock's GF Value™ is kr47.51, compared to a current price of kr45.90 — trading 3.4% below its estimated fair value. The current Return-on-Tangible-Equity is 11.53%, which is 58% below median its 10-year median of 27.71 and 28.7% above the Industrial Distribution industry median of 8.96. Ferronordic AB's overall GF Score™ is 83/100 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 Ferronordic AB (CHIX:FNMS), the current Return-on-Tangible-Equity is 11.53% 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 Ferronordic AB (CHIX:FNMS) Overvalued in 2026?
Based on GuruFocus' analysis, Ferronordic AB stock appears to be undervalued.
The current stock price of kr45.90 is trading 3.4% below its estimated GF Value™ of kr47.51.
Key valuation signals for CHIX:FNMS:
Return-on-Tangible-Equity: 11.53% (58% below median its 10-year median of 27.71)
GF Value™: kr47.51 vs. price of kr45.90 (3.4% below fair value)
Industry Position: 28.7% above the Industrial Distribution median (#131 of 153)
No single metric tells the full story. See the CHIX:FNMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ferronordic AB is engaged in the sales, rents, and services of construction equipment and other machinery. The company is an authorized dealer of Volvo Construction Equipment, Terex Trucks, Dressta, Mecalac, and Rottne and has also been appointed as an aftermarket dealer for Volvo and Renault Trucks and a dealer for Volvo Penta. The group has three reporting segments: USA, Germany and Kazakhstan. The majority of the revenue is generated from the USA segment.
83GF Score
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