GARO ABCHIX:GAROS 63 Return-on-Tangible-Equity is -16.33% as of Mar. 2026. GuruFocus rates CHIX:GAROS with a GF Score™ of 63/100 and a GF Value™ of kr102.45. The stock has 5 warning signs investors should review. Among 2,971 Industrial Products companies, GARO AB ranks worse than 85.36% 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. GARO AB's annualized net income for the quarter that ended in Mar. 2026 was kr-68 Mil. GARO AB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr414 Mil. Therefore, GARO AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -16.33%.
The historical rank and industry rank for GARO AB's Return-on-Tangible-Equity or its related term are showing as below:
CHIX:GAROs'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -13.47 Med: 32.17 Max: 44.06
Current: -8.15
During the past 13 years, GARO AB's highest Return-on-Tangible-Equity was 44.06%. The lowest was -13.47%. And the median was 32.17%.
CHIX:GAROs's Return-on-Tangible-Equity is ranked worse than 85.36% of 2971
companies
in the Industrial Products industry
Industry Median: 6.72
vs CHIX:GAROs: -8.15
GARO AB (CHIX:GAROs) 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.
GARO AB Return-on-Tangible-Equity Related Terms
GARO AB Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for GARO 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:GAROS vs VRT, BE, HUBB: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, GARO 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.
GARO AB Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, GARO AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where GARO 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 -16.33% mean?
GARO AB (CHIX:GAROS) has a Return-on-Tangible-Equity of -16.33% 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 GARO AB and its competitors. According to the industry distribution chart, GARO AB ranks #2536 out of 2971 companies in the Industrial Products industry, placing it in the top 85.4%.
Is GARO AB's Return-on-Tangible-Equity too high?
GARO AB's current Return-on-Tangible-Equity is -16.33%. Based on the distribution chart, GARO AB ranks #2536 out of 2971 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, GARO AB has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does GARO AB's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, GARO AB ranks #2536 out of 2971 companies for Return-on-Tangible-Equity. This places GARO AB in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.72. 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 Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,971 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 GARO AB and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GARO AB's current Return-on-Tangible-Equity is -16.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GARO AB stock overvalued right now?
GARO AB (CHIX:GAROS) has a current Return-on-Tangible-Equity of -16.33%. The stock's GF Value™ is kr102.45, compared to a current price of kr59.30 — trading 42.1% below its estimated fair value. The current Return-on-Tangible-Equity is -16.33%. GARO AB's overall GF Score™ is 63/100 with 5 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 GARO AB (CHIX:GAROS), the current Return-on-Tangible-Equity is -16.33% 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 GARO AB (CHIX:GAROS) Overvalued in 2026?
Based on GuruFocus' analysis, GARO AB stock appears to be undervalued.
The current stock price of kr59.30 is trading 42.1% below its estimated GF Value™ of kr102.45.
Key valuation signals for CHIX:GAROS:
Return-on-Tangible-Equity: -16.33%
GF Value™: kr102.45 vs. price of kr59.30 (42.1% below fair value)
No single metric tells the full story. See the CHIX:GAROS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GARO AB develops, manufactures, and supplies products and systems for the electrical installations industry under its own brand. The company has operations in Sweden, Norway, Ireland, Finland, UK. Germany, Poland, and other countries. It is organized into two business segments: GARO Electrification and GARO E-mobility. GARO has a broad product assortment and is a market leader within several product areas. The majority of its revenue comes from the GARO Electrification segment. The operations in the GARO Electrification segment (BA) comprise the Electrical distribution products, Project business, and Temporary Power product areas. The GARO E-mobility segment (BA) includes only the E-mobility product area. In addition to trading operations, it includes in-house production at two facilities.
63GF Score
Get the complete analysis for CHIX:GAROS
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