Sparebanken OstCHIX:SPOGO 50 Return-on-Tangible-Equity is 7.71% as of Mar. 2026, which is 19% below its 10-year median of 9.53. GuruFocus rates CHIX:SPOGO with a GF Score™ of 50/100 and a GF Value™ of kr61.65. The stock has 2 warning signs investors should review. Among 1,523 Banks companies, Sparebanken Ost ranks worse than 55.94% 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. Sparebanken Ost's annualized net income for the quarter that ended in Mar. 2026 was kr370 Mil. Sparebanken Ost's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr4,805 Mil. Therefore, Sparebanken Ost's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.71%.
The historical rank and industry rank for Sparebanken Ost's Return-on-Tangible-Equity or its related term are showing as below:
CHIX:SPOGo'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.9 Med: 9.53 Max: 10.81
Current: 10.29
During the past 13 years, Sparebanken Ost's highest Return-on-Tangible-Equity was 10.81%. The lowest was 5.90%. And the median was 9.53%.
CHIX:SPOGo's Return-on-Tangible-Equity is ranked worse than 55.94% of 1523
companies
in the Banks industry
Industry Median: 11.19
vs CHIX:SPOGo: 10.29
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.
Sparebanken Ost Return-on-Tangible-Equity Related Terms
Sparebanken Ost Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Sparebanken Ost'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 Banks - Regional subindustry, Sparebanken Ost'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.
Sparebanken Ost Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Sparebanken Ost's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sparebanken Ost'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 7.71% mean?
Sparebanken Ost (CHIX:SPOGO) has a Return-on-Tangible-Equity of 7.71% 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 Sparebanken Ost and its competitors. This is 19% below median its historical median of 9.53. Over the past decade, Sparebanken Ost's Return-on-Tangible-Equity has ranged from 5.90 to 10.81. According to the industry distribution chart, Sparebanken Ost ranks #852 out of 1523 companies in the Banks industry, placing it in the top 55.9%.
Is Sparebanken Ost's Return-on-Tangible-Equity too high?
Sparebanken Ost's current Return-on-Tangible-Equity of 7.71% is 19% below median its 10-year median of 9.53. Over the past 10 years, this metric has ranged from a low of 5.90 to a high of 10.81. The Banks industry median Return-on-Tangible-Equity is 11.19. Sparebanken Ost's value of 7.71% is 31.1% below this industry median. Based on the distribution chart, Sparebanken Ost ranks #852 out of 1523 companies in the Banks industry, which is below the industry midpoint. Overall, Sparebanken Ost has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Sparebanken Ost's Return-on-Tangible-Equity compare to competitors?
According to the Banks industry distribution chart, Sparebanken Ost ranks #852 out of 1523 companies for Return-on-Tangible-Equity. This places Sparebanken Ost in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.19. Sparebanken Ost's value of 7.71% is 31.1% below this benchmark. Historically, Sparebanken Ost's own Return-on-Tangible-Equity has ranged from 5.90 to 10.81 over the past decade. While the company's 10-year median is 9.53 vs. the industry median of 11.19, Sparebanken Ost 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. Sparebanken Ost's current Return-on-Tangible-Equity of 7.71% is 31.1% 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 Sparebanken Ost 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. Sparebanken Ost's current Return-on-Tangible-Equity is 7.71%, which is 19% below median its own 10-year median of 9.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sparebanken Ost stock overvalued right now?
Sparebanken Ost (CHIX:SPOGO) has a current Return-on-Tangible-Equity of 7.71%. The stock's GF Value™ is kr61.65, compared to a current price of kr71.03 — trading 15.2% above its estimated fair value. The current Return-on-Tangible-Equity is 7.71%, which is 19% below median its 10-year median of 9.53 and 31.1% below the Banks industry median of 11.19. Sparebanken Ost's overall GF Score™ is 50/100 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 Sparebanken Ost (CHIX:SPOGO), the current Return-on-Tangible-Equity is 7.71% 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 Sparebanken Ost (CHIX:SPOGO) Overvalued in 2026?
Based on GuruFocus' analysis, Sparebanken Ost stock appears to be overvalued.
The current stock price of kr71.03 is trading 15.2% above its estimated GF Value™ of kr61.65.
Key valuation signals for CHIX:SPOGO:
Return-on-Tangible-Equity: 7.71% (19% below median its 10-year median of 9.53)
GF Value™: kr61.65 vs. price of kr71.03 (15.2% above fair value)
Industry Position: 31.1% below the Banks median (#852 of 1523)
No single metric tells the full story. See the CHIX:SPOGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sparebanken Øst is a savings bank in Norway. It offers banking products and services to retail and corporate customers in the areas of loans, payment services, insurance products, property management as well as advisory services. Its mission is to be a non-affiliated, independent and locally managed provider of financial services, to enable people in general, along with small and medium-sized enterprises, to exploit their financial resources in the possible manner.
50GF Score
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