Scandinavian Tobacco Group ASCHIX:STGC 69 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates CHIX:STGC with a GF Score™ of 69/100 and a GF Value™ of kr109.31 (Significantly Undervalued). The stock has 8 warning signs investors should review. Among 44 Tobacco Products companies, Scandinavian Tobacco Group AS ranks better than 95.45% 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. Scandinavian Tobacco Group AS's annualized net income for the quarter that ended in Mar. 2026 was kr174 Mil. Scandinavian Tobacco Group AS's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr-60 Mil. Therefore, Scandinavian Tobacco Group AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for Scandinavian Tobacco Group AS's Return-on-Tangible-Equity or its related term are showing as below:
CHIX:STGc'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 66.31 Med: 96.95 Max: 882.35
Current: Negative Tangible Equity
During the past 13 years, Scandinavian Tobacco Group AS's highest Return-on-Tangible-Equity was 882.35%. The lowest was 66.31%. And the median was 96.95%.
CHIX:STGc's Return-on-Tangible-Equity is ranked better than 95.45% of 44
companies
in the Tobacco Products industry
Industry Median: 25.395
vs CHIX:STGc: Negative Tangible Equity
Scandinavian Tobacco Group AS (CHIX:STGc) 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.
Scandinavian Tobacco Group AS Return-on-Tangible-Equity Related Terms
Scandinavian Tobacco Group AS Return-on-Tangible-Equity Historical Data
* 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.
Scandinavian Tobacco Group AS Return-on-Tangible-Equity Chart
CHIX:STGC vs PM, MO, TPB: Return-on-Tangible-Equity Comparison
For the Tobacco subindustry, Scandinavian Tobacco Group AS'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.
Scandinavian Tobacco Group AS Return-on-Tangible-Equity vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Scandinavian Tobacco Group AS's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Scandinavian Tobacco Group AS'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 Negative Tangible Equity% mean?
Scandinavian Tobacco Group AS (CHIX:STGC) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Scandinavian Tobacco Group AS and its competitors. Over the past decade, Scandinavian Tobacco Group AS's Return-on-Tangible-Equity has ranged from 66.31 to 882.35. According to the industry distribution chart, Scandinavian Tobacco Group AS ranks #2 out of 44 companies in the Tobacco Products industry, placing it in the top 4.5%.
Is Scandinavian Tobacco Group AS's Return-on-Tangible-Equity too high?
Scandinavian Tobacco Group AS's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 66.31 to a high of 882.35. Based on the distribution chart, Scandinavian Tobacco Group AS ranks #2 out of 44 companies in the Tobacco Products industry, which is in the top quartile — a strong position relative to peers. Overall, Scandinavian Tobacco Group AS has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Scandinavian Tobacco Group AS's Return-on-Tangible-Equity compare to PM and MO?
According to the Tobacco Products industry distribution chart, Scandinavian Tobacco Group AS ranks #2 out of 44 companies for Return-on-Tangible-Equity. This places Scandinavian Tobacco Group AS in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 25.40. Historically, Scandinavian Tobacco Group AS's own Return-on-Tangible-Equity has ranged from 66.31 to 882.35 over the past decade. 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 Tobacco Products company?
The median Return-on-Tangible-Equity among Tobacco Products companies is 25.40, based on 44 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 Scandinavian Tobacco Group AS and its competitors. For the Tobacco Products industry, the median Return-on-Tangible-Equity is 25.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scandinavian Tobacco Group AS's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scandinavian Tobacco Group AS stock overvalued right now?
Based on GuruFocus' analysis, Scandinavian Tobacco Group AS (CHIX:STGC) is currently considered Significantly Undervalued. The stock's GF Value™ is kr109.31, compared to a current price of kr66.80 — trading 38.9% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Scandinavian Tobacco Group AS's overall GF Score™ is 69/100 with 8 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 Scandinavian Tobacco Group AS (CHIX:STGC), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 Scandinavian Tobacco Group AS (CHIX:STGC) Overvalued in 2026?
Based on GuruFocus' analysis, Scandinavian Tobacco Group AS stock appears to be undervalued.
The current stock price of kr66.80 is trading 38.9% below its estimated GF Value™ of kr109.31.
GuruFocus considers Scandinavian Tobacco Group AS to be Significantly Undervalued.
No single metric tells the full story. See the CHIX:STGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scandinavian Tobacco Group AS Business Description
Scandinavian Tobacco Group AS offers cigars, pipe tobacco, and accessories in North America, Europe, and Australia. It operates in three segments: North America online and retail, which includes direct to consumer sales of all product categories sold via the online, catalogue and retail channel in North America. North America branded and the Rest of the World, which provides its products to wholesalers and distributors; Europe Branded comprises sale of all product categories to wholesalers, distributors and direct to retail in Germany, Denmark, Sweden, France, Italy, Belgium, the Netherlands, Luxembourg, Spain, Portugal, the UK, and Ireland.
69GF Score
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