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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. Neobo Fastigheter AB's annualized net income for the quarter that ended in Jun. 2026 was €-22.99 Mil. Neobo Fastigheter AB's average shareholder tangible equity for the quarter that ended in Jun. 2026 was €584.32 Mil. Therefore, Neobo Fastigheter AB's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was -3.93%.
The historical rank and industry rank for Neobo Fastigheter AB's Return-on-Tangible-Equity or its related term are showing as below:
FRA:4M2B'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -19.37 Med: -3.03 Max: 35.33
Current: 1.22
During the past 5 years, Neobo Fastigheter AB's highest Return-on-Tangible-Equity was 35.33%. The lowest was -19.37%. And the median was -3.03%.
FRA:4M2B's Return-on-Tangible-Equity is ranked worse than 65.29% of 1714
companies
in the Real Estate industry
Industry Median: 4.27
vs FRA:4M2B: 1.22
Neobo Fastigheter AB (FRA:4M2B) 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.
Neobo Fastigheter AB Return-on-Tangible-Equity Related Terms
Neobo Fastigheter AB Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Neobo Fastigheter 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.
Neobo Fastigheter AB Return-on-Tangible-Equity Chart
FRA:4M2B vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, Neobo Fastigheter 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.
Neobo Fastigheter AB Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Neobo Fastigheter AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Neobo Fastigheter 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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -3.93% mean?
Neobo Fastigheter AB (FRA:4M2B) has a Return-on-Tangible-Equity of -3.93% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Neobo Fastigheter AB and its competitors. According to the industry distribution chart, Neobo Fastigheter AB ranks #1119 out of 1714 companies in the Real Estate industry, placing it in the top 65.3%.
Is Neobo Fastigheter AB's Return-on-Tangible-Equity too high?
Neobo Fastigheter AB's current Return-on-Tangible-Equity is -3.93%. Based on the distribution chart, Neobo Fastigheter AB ranks #1119 out of 1714 companies in the Real Estate industry, which is below the industry midpoint. Overall, Neobo Fastigheter AB has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Neobo Fastigheter AB's Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Neobo Fastigheter AB ranks #1119 out of 1714 companies for Return-on-Tangible-Equity. This places Neobo Fastigheter AB in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.27. 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.27, based on 1,714 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 Neobo Fastigheter AB and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neobo Fastigheter AB's current Return-on-Tangible-Equity is -3.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neobo Fastigheter AB stock overvalued right now?
Based on GuruFocus' analysis, Neobo Fastigheter AB (FRA:4M2B) is currently considered Fairly Valued. The stock's GF Value™ is €1.64, compared to a current price of €1.64 — trading 0.2% above its estimated fair value. The current Return-on-Tangible-Equity is -3.93%. Neobo Fastigheter AB's overall GF Score™ is 61/100 with 4 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 Neobo Fastigheter AB (FRA:4M2B), the current Return-on-Tangible-Equity is -3.93% as of Jun. 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 Neobo Fastigheter AB (FRA:4M2B) Overvalued in 2026?
Based on GuruFocus' analysis, Neobo Fastigheter AB stock appears to be overvalued.
The current stock price of €1.64 is trading 0.2% above its estimated GF Value™ of €1.64.
GuruFocus considers Neobo Fastigheter AB to be Fairly Valued.
Key valuation signals for FRA:4M2B:
Return-on-Tangible-Equity: -3.93%
GF Value™: €1.64 vs. price of €1.64 (0.2% above fair value)
No single metric tells the full story. See the FRA:4M2B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neobo Fastigheter AB is a real estate company that long-term manages and refines rental properties in the majority of growth municipalities throughout Sweden. The company's business concept is to manage and improve housing in municipalities with population growth, a good employment rate and a stable rental market.
61GF Score
Get the complete analysis for FRA:4M2B
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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