Storebrand ASACHIX:STBO +0.98%62 Return-on-Tangible-Equity is 8.72% as of Mar. 2026, which is 20% below its 10-year median of 10.84. GuruFocus rates CHIX:STBO with a GF Score™ of 62/100 and a GF Value™ of kr171.06 (Fairly Valued). The stock has 5 warning signs investors should review. Among 488 Diversified Financial Services companies, Storebrand ASA ranks better than 93.85% 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. Storebrand ASA's annualized net income for the quarter that ended in Mar. 2026 was kr2,376 Mil. Storebrand ASA's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr27,258 Mil. Therefore, Storebrand ASA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.72%.
The historical rank and industry rank for Storebrand ASA's Return-on-Tangible-Equity or its related term are showing as below:
CHIX:STBo'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.72 Med: 10.84 Max: 22.79
Current: 17.8
During the past 13 years, Storebrand ASA's highest Return-on-Tangible-Equity was 22.79%. The lowest was 7.72%. And the median was 10.84%.
CHIX:STBo's Return-on-Tangible-Equity is ranked better than 93.85% of 488
companies
in the Diversified Financial Services industry
Industry Median: 1.65
vs CHIX:STBo: 17.80
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.
Storebrand ASA Return-on-Tangible-Equity Related Terms
Storebrand ASA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Storebrand ASA'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:STBO vs VOYA, FRHC: Return-on-Tangible-Equity Comparison
For the Financial Conglomerates subindustry, Storebrand ASA'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.
Storebrand ASA Return-on-Tangible-Equity vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Storebrand ASA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Storebrand ASA'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 8.72% mean?
Storebrand ASA (CHIX:STBO) has a Return-on-Tangible-Equity of 8.72% 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 Storebrand ASA and its competitors. This is 20% below median its historical median of 10.84. Over the past decade, Storebrand ASA's Return-on-Tangible-Equity has ranged from 7.72 to 22.79. According to the industry distribution chart, Storebrand ASA ranks #30 out of 488 companies in the Diversified Financial Services industry, placing it in the top 6.1%.
Is Storebrand ASA's Return-on-Tangible-Equity too high?
Storebrand ASA's current Return-on-Tangible-Equity of 8.72% is 20% below median its 10-year median of 10.84. Over the past 10 years, this metric has ranged from a low of 7.72 to a high of 22.79. The Diversified Financial Services industry median Return-on-Tangible-Equity is 1.65. Storebrand ASA's value of 8.72% is 428.5% above this industry median. Based on the distribution chart, Storebrand ASA ranks #30 out of 488 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Storebrand ASA has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Storebrand ASA's Return-on-Tangible-Equity compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, Storebrand ASA ranks #30 out of 488 companies for Return-on-Tangible-Equity. This places Storebrand ASA in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 1.65. Storebrand ASA's value of 8.72% is 428.5% above this benchmark. Historically, Storebrand ASA's own Return-on-Tangible-Equity has ranged from 7.72 to 22.79 over the past decade. While the company's 10-year median is 10.84 vs. the industry median of 1.65, Storebrand ASA 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 a Diversified Financial Services company?
The median Return-on-Tangible-Equity among Diversified Financial Services companies is 1.65, based on 488 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. Storebrand ASA's current Return-on-Tangible-Equity of 8.72% is 428.5% 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 Storebrand ASA and its competitors. For the Diversified Financial Services industry, the median Return-on-Tangible-Equity is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Storebrand ASA's current Return-on-Tangible-Equity is 8.72%, which is 20% below median its own 10-year median of 10.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Storebrand ASA stock overvalued right now?
Based on GuruFocus' analysis, Storebrand ASA (CHIX:STBO) is currently considered Fairly Valued. The stock's GF Value™ is kr171.06, compared to a current price of kr185.15 — trading 8.2% above its estimated fair value. The current Return-on-Tangible-Equity is 8.72%, which is 20% below median its 10-year median of 10.84 and 428.5% above the Diversified Financial Services industry median of 1.65. Storebrand ASA's overall GF Score™ is 62/100 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 Storebrand ASA (CHIX:STBO), the current Return-on-Tangible-Equity is 8.72% 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 Storebrand ASA (CHIX:STBO) Overvalued in 2026?
Based on GuruFocus' analysis, Storebrand ASA stock appears to be overvalued.
The current stock price of kr185.15 is trading 8.2% above its estimated GF Value™ of kr171.06.
GuruFocus considers Storebrand ASA to be Fairly Valued.
Key valuation signals for CHIX:STBO:
Return-on-Tangible-Equity: 8.72% (20% below median its 10-year median of 10.84)
GF Value™: kr171.06 vs. price of kr185.15 (8.2% above fair value)
Industry Position: 428.5% above the Diversified Financial Services median (#30 of 488)
No single metric tells the full story. See the CHIX:STBO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Storebrand ASA is a Nordic long-term savings and insurance company. The business is divided into four segments Savings, Insurance, Guaranteed Pension, and Others. The Savings segment includes products for retirement savings with no interest rate guarantees which defined contribution pensions in Norway and Sweden, asset management, and retail banking products. The Insurance segment provides risk products in Norway and Sweden, it provides health, property and casualty, personal risk products, and others. The Guaranteed Pension business area encompasses long-term pension savings products that give customers a guaranteed rate of return. Other segment consists of other companies within the Storebrand Group, including smaller subsidiaries of Storebrand Livsforsikring and SPP.
62GF Score
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