J M ABCHIX:JMS 66 Return-on-Tangible-Equity is 1.65% as of Mar. 2026, which is 93% below its 10-year median of 22.10. GuruFocus rates CHIX:JMS with a GF Score™ of 66/100 and a GF Value™ of kr118.20 (Fairly Valued). The stock has 13 warning signs investors should review. Among 94 Homebuilding & Construction companies, J M AB ranks worse than 78.72% 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. J M AB's annualized net income for the quarter that ended in Mar. 2026 was kr128 Mil. J M AB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr7,749 Mil. Therefore, J M AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.65%.
The historical rank and industry rank for J M AB's Return-on-Tangible-Equity or its related term are showing as below:
CHIX:JMs'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.67 Med: 22.1 Max: 42.49
Current: 0.67
During the past 13 years, J M AB's highest Return-on-Tangible-Equity was 42.49%. The lowest was 0.67%. And the median was 22.10%.
CHIX:JMs's Return-on-Tangible-Equity is ranked worse than 78.72% of 94
companies
in the Homebuilding & Construction industry
Industry Median: 8.285
vs CHIX:JMs: 0.67
J M AB (CHIX:JMs) 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.
J M AB Return-on-Tangible-Equity Related Terms
J M AB Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for J M 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:JMS vs DHI, PHM, LEN: Return-on-Tangible-Equity Comparison
For the Residential Construction subindustry, J M 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.
J M AB Return-on-Tangible-Equity vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, J M AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where J M 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 1.65% mean?
J M AB (CHIX:JMS) has a Return-on-Tangible-Equity of 1.65% 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 J M AB and its competitors. This is 93% below median its historical median of 22.10. Over the past decade, J M AB's Return-on-Tangible-Equity has ranged from 0.67 to 42.49. According to the industry distribution chart, J M AB ranks #74 out of 94 companies in the Homebuilding & Construction industry, placing it in the top 78.7%.
Is J M AB's Return-on-Tangible-Equity too high?
J M AB's current Return-on-Tangible-Equity of 1.65% is 93% below median its 10-year median of 22.10. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 42.49. The Homebuilding & Construction industry median Return-on-Tangible-Equity is 8.29. J M AB's value of 1.65% is 80.1% below this industry median. Based on the distribution chart, J M AB ranks #74 out of 94 companies in the Homebuilding & Construction industry, which is in the bottom quartile relative to peers. Overall, J M AB has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does J M AB's Return-on-Tangible-Equity compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, J M AB ranks #74 out of 94 companies for Return-on-Tangible-Equity. This places J M AB in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.29. J M AB's value of 1.65% is 80.1% below this benchmark. Historically, J M AB's own Return-on-Tangible-Equity has ranged from 0.67 to 42.49 over the past decade. While the company's 10-year median is 22.10 vs. the industry median of 8.29, J M AB has consistently been below 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 a Homebuilding & Construction company?
The median Return-on-Tangible-Equity among Homebuilding & Construction companies is 8.29, based on 94 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. J M AB's current Return-on-Tangible-Equity of 1.65% is 80.1% below 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 J M AB and its competitors. For the Homebuilding & Construction industry, the median Return-on-Tangible-Equity is 8.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. J M AB's current Return-on-Tangible-Equity is 1.65%, which is 93% below median its own 10-year median of 22.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is J M AB stock overvalued right now?
Based on GuruFocus' analysis, J M AB (CHIX:JMS) is currently considered Fairly Valued. The stock's GF Value™ is kr118.20, compared to a current price of kr129.30 — trading 9.4% above its estimated fair value. The current Return-on-Tangible-Equity is 1.65%, which is 93% below median its 10-year median of 22.10 and 80.1% below the Homebuilding & Construction industry median of 8.29. J M AB's overall GF Score™ is 66/100 with 13 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 J M AB (CHIX:JMS), the current Return-on-Tangible-Equity is 1.65% 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 J M AB (CHIX:JMS) Overvalued in 2026?
Based on GuruFocus' analysis, J M AB stock appears to be overvalued.
The current stock price of kr129.30 is trading 9.4% above its estimated GF Value™ of kr118.20.
GuruFocus considers J M AB to be Fairly Valued.
Key valuation signals for CHIX:JMS:
Return-on-Tangible-Equity: 1.65% (93% below median its 10-year median of 22.10)
GF Value™: kr118.20 vs. price of kr129.30 (9.4% above fair value)
Industry Position: 80.1% below the Homebuilding & Construction median (#74 of 94)
No single metric tells the full story. See the CHIX:JMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
J M AB is a Nordic residential construction developer. It is focused on apartments and townhomes in metropolitan areas and university towns across Sweden, Norway, and Finland. The company has five operating segments; JM RESIDENTIAL STOCKHOLM; which develops residential projects in Greater Stockholm, also derives maximum revenue, JM RESIDENTIAL SWEDEN; which develops residential projects in growth areas in Sweden, excluding Greater Stockholm, JM NORWAY develops residential projects. JM FINLAND also develops residential projects, and JM PROPERTY DEVELOPMENT; develops rental units, residential care units, and commercial properties in Greater Stockholm.
66GF Score
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