Morrow Bank ABCHIX:MORROS 58 Return-on-Tangible-Equity is 10.77% as of Mar. 2026, which is 9% below its 10-year median of 11.78. GuruFocus rates CHIX:MORROS with a GF Score™ of 58/100 and a GF Value™ of kr6.37. The stock has 2 warning signs investors should review. Among 1,523 Banks companies, Morrow Bank AB ranks better than 51.08% 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. Morrow Bank AB's annualized net income for the quarter that ended in Mar. 2026 was kr281 Mil. Morrow Bank AB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr2,610 Mil. Therefore, Morrow Bank AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.77%.
The historical rank and industry rank for Morrow Bank AB's Return-on-Tangible-Equity or its related term are showing as below:
CHIX:MORROs'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.92 Med: 11.78 Max: 26.49
Current: 11.3
During the past 12 years, Morrow Bank AB's highest Return-on-Tangible-Equity was 26.49%. The lowest was -10.92%. And the median was 11.78%.
CHIX:MORROs's Return-on-Tangible-Equity is ranked better than 51.08% of 1523
companies
in the Banks industry
Industry Median: 11.19
vs CHIX:MORROs: 11.30
Morrow Bank AB (CHIX:MORROs) 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.
Morrow Bank AB Return-on-Tangible-Equity Related Terms
Morrow Bank AB Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Morrow Bank 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:MORROS vs PNC, USB: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, Morrow Bank 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.
Morrow Bank AB Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Morrow Bank AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Morrow Bank 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 10.77% mean?
Morrow Bank AB (CHIX:MORROS) has a Return-on-Tangible-Equity of 10.77% 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 Morrow Bank AB and its competitors. This is near median its historical median of 11.78. According to the industry distribution chart, Morrow Bank AB ranks #745 out of 1523 companies in the Banks industry, placing it in the top 48.9%.
Is Morrow Bank AB's Return-on-Tangible-Equity too high?
Morrow Bank AB's current Return-on-Tangible-Equity of 10.77% is near median its 10-year median of 11.78. The Banks industry median Return-on-Tangible-Equity is 11.19. Morrow Bank AB's value of 10.77% is 3.8% below this industry median. Based on the distribution chart, Morrow Bank AB ranks #745 out of 1523 companies in the Banks industry, which is above the industry midpoint. Overall, Morrow Bank AB has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Morrow Bank AB's Return-on-Tangible-Equity compare to PNC and USB?
According to the Banks industry distribution chart, Morrow Bank AB ranks #745 out of 1523 companies for Return-on-Tangible-Equity. This puts Morrow Bank AB in the upper half of its industry. The industry median Return-on-Tangible-Equity is 11.19. Morrow Bank AB's value of 10.77% is 3.8% below this benchmark. While the company's 10-year median is 11.78 vs. the industry median of 11.19, Morrow Bank 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 Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.19, based on 1,523 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. Morrow Bank AB's current Return-on-Tangible-Equity of 10.77% is 3.8% 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 Morrow Bank AB and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morrow Bank AB's current Return-on-Tangible-Equity is 10.77%, which is near median its own 10-year median of 11.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morrow Bank AB stock overvalued right now?
Morrow Bank AB (CHIX:MORROS) has a current Return-on-Tangible-Equity of 10.77%. The stock's GF Value™ is kr6.37, compared to a current price of kr10.95 — trading 71.9% above its estimated fair value. The current Return-on-Tangible-Equity is 10.77%, which is near median its 10-year median of 11.78 and 3.8% below the Banks industry median of 11.19. Morrow Bank AB's overall GF Score™ is 58/100 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 Morrow Bank AB (CHIX:MORROS), the current Return-on-Tangible-Equity is 10.77% 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 Morrow Bank AB (CHIX:MORROS) Overvalued in 2026?
Based on GuruFocus' analysis, Morrow Bank AB stock appears to be overvalued.
The current stock price of kr10.95 is trading 71.9% above its estimated GF Value™ of kr6.37.
Key valuation signals for CHIX:MORROS:
Return-on-Tangible-Equity: 10.77% (near median its 10-year median of 11.78)
GF Value™: kr6.37 vs. price of kr10.95 (71.9% above fair value)
Industry Position: 3.8% below the Banks median (#745 of 1523)
No single metric tells the full story. See the CHIX:MORROS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morrow Bank AB is a Swedish bank offering convenient payment and financing products to consumers. It is a focused Nordic digital niche bank offering personal loans, credit cards, deposit accounts, and online point-of-sales finance products to consumers.
58GF Score
Get the complete analysis for CHIX:MORROS
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:MORROS has been successfully added to your 
