Goodtech ASAFRA:6FO +0.87%48 Return-on-Tangible-Equity is 37.09% as of Mar. 2026. GuruFocus rates FRA:6FO with a GF Score™ of 48/100 and a GF Value™ of €0.85 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,706 Construction companies, Goodtech ASA ranks better than 85.05% 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. Goodtech ASA's annualized net income for the quarter that ended in Mar. 2026 was €3.83 Mil. Goodtech ASA's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €10.33 Mil. Therefore, Goodtech ASA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 37.09%.
The historical rank and industry rank for Goodtech ASA's Return-on-Tangible-Equity or its related term are showing as below:
FRA:6FO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -56.77 Med: -5.99 Max: 32.06
Current: 32.06
During the past 13 years, Goodtech ASA's highest Return-on-Tangible-Equity was 32.06%. The lowest was -56.77%. And the median was -5.99%.
FRA:6FO's Return-on-Tangible-Equity is ranked better than 85.05% of 1706
companies
in the Construction industry
Industry Median: 8.245
vs FRA:6FO: 32.06
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.
Goodtech ASA Return-on-Tangible-Equity Related Terms
Goodtech ASA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Goodtech 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.
FRA:6FO vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Goodtech 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.
Goodtech ASA Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Goodtech ASA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Goodtech 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 37.09% mean?
Goodtech ASA (FRA:6FO) has a Return-on-Tangible-Equity of 37.09% 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 Goodtech ASA and its competitors. According to the industry distribution chart, Goodtech ASA ranks #255 out of 1706 companies in the Construction industry, placing it in the top 14.9%.
Is Goodtech ASA's Return-on-Tangible-Equity too high?
Goodtech ASA's current Return-on-Tangible-Equity is 37.09%. The Construction industry median Return-on-Tangible-Equity is 8.25. Goodtech ASA's value of 37.09% is 349.8% above this industry median. Based on the distribution chart, Goodtech ASA ranks #255 out of 1706 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Goodtech ASA has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goodtech ASA's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Goodtech ASA ranks #255 out of 1706 companies for Return-on-Tangible-Equity. This places Goodtech ASA in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.25. Goodtech ASA's value of 37.09% is 349.8% above this benchmark. 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.25, based on 1,706 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. Goodtech ASA's current Return-on-Tangible-Equity of 37.09% is 349.8% 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 Goodtech ASA and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodtech ASA's current Return-on-Tangible-Equity is 37.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodtech ASA stock overvalued right now?
Based on GuruFocus' analysis, Goodtech ASA (FRA:6FO) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.85, compared to a current price of €1.16 — trading 35.9% above its estimated fair value. The current Return-on-Tangible-Equity is 37.09% and 349.8% above the Construction industry median of 8.25. Goodtech ASA's overall GF Score™ is 48/100 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 Goodtech ASA (FRA:6FO), the current Return-on-Tangible-Equity is 37.09% 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 Goodtech ASA (FRA:6FO) Overvalued in 2026?
Based on GuruFocus' analysis, Goodtech ASA stock appears to be overvalued.
The current stock price of €1.16 is trading 35.9% above its estimated GF Value™ of €0.85.
GuruFocus considers Goodtech ASA to be Significantly Overvalued.
Key valuation signals for FRA:6FO:
Return-on-Tangible-Equity: 37.09%
GF Value™: €0.85 vs. price of €1.16 (35.9% above fair value)
Industry Position: 349.8% above the Construction median (#255 of 1706)
No single metric tells the full story. See the FRA:6FO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goodtech ASA is a specialist in control systems, digitalization, and production optimization for the manufacturing industry. The company plays an active role in modernizing, streamlining, and driving the critical digital transformation in Nordic industry. It also provides technical solutions in the field of Food & Beverage, Manufacturing, Renewables, Process Industry, New Industries, Energy & Utilities, Metals & Minerals, Mobility, Pharma, and Marine & Aquaculture. It also supplies automation products and streamlining solutions globally.
48GF Score
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