Kraft Bank ASAFRA:709 +0.43%63 Return-on-Tangible-Equity is 15.31% as of Mar. 2026, which is 60% above its 10-year median of 9.54. GuruFocus rates FRA:709 with a GF Score™ of 63/100 and a GF Value™ of €1.28 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,522 Banks companies, Kraft Bank ASA ranks better than 73.32% 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. Kraft Bank ASA's annualized net income for the quarter that ended in Mar. 2026 was €6.71 Mil. Kraft Bank ASA's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €43.85 Mil. Therefore, Kraft Bank ASA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.31%.
The historical rank and industry rank for Kraft Bank ASA's Return-on-Tangible-Equity or its related term are showing as below:
FRA:709'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.89 Med: 9.54 Max: 14.8
Current: 14.8
During the past 8 years, Kraft Bank ASA's highest Return-on-Tangible-Equity was 14.80%. The lowest was -3.89%. And the median was 9.54%.
FRA:709's Return-on-Tangible-Equity is ranked better than 73.32% of 1522
companies
in the Banks industry
Industry Median: 11.19
vs FRA:709: 14.80
Kraft Bank ASA (FRA:709) 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.
Kraft Bank ASA Return-on-Tangible-Equity Related Terms
Kraft Bank ASA Return-on-Tangible-Equity Historical Data
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The historical data trend for Kraft Bank 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.
Kraft Bank ASA Return-on-Tangible-Equity Competitor Comparison
For the Banks - Regional subindustry, Kraft Bank 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.
Kraft Bank ASA Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Kraft Bank ASA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Kraft Bank 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 15.31% mean?
Kraft Bank ASA (FRA:709) has a Return-on-Tangible-Equity of 15.31% 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 Kraft Bank ASA and its competitors. This is 60% above median its historical median of 9.54. According to the industry distribution chart, Kraft Bank ASA ranks #406 out of 1522 companies in the Banks industry, placing it in the top 26.7%.
Is Kraft Bank ASA's Return-on-Tangible-Equity too high?
Kraft Bank ASA's current Return-on-Tangible-Equity of 15.31% is 60% above median its 10-year median of 9.54. The Banks industry median Return-on-Tangible-Equity is 11.19. Kraft Bank ASA's value of 15.31% is 36.8% above this industry median. Based on the distribution chart, Kraft Bank ASA ranks #406 out of 1522 companies in the Banks industry, which is above the industry midpoint. Overall, Kraft Bank ASA has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kraft Bank ASA's Return-on-Tangible-Equity compare to competitors?
According to the Banks industry distribution chart, Kraft Bank ASA ranks #406 out of 1522 companies for Return-on-Tangible-Equity. This puts Kraft Bank ASA in the upper half of its industry. The industry median Return-on-Tangible-Equity is 11.19. Kraft Bank ASA's value of 15.31% is 36.8% above this benchmark. While the company's 10-year median is 9.54 vs. the industry median of 11.19, Kraft Bank 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 Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.19, based on 1,522 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. Kraft Bank ASA's current Return-on-Tangible-Equity of 15.31% is 36.8% 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 Kraft Bank ASA 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. Kraft Bank ASA's current Return-on-Tangible-Equity is 15.31%, which is 60% above median its own 10-year median of 9.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kraft Bank ASA stock overvalued right now?
Based on GuruFocus' analysis, Kraft Bank ASA (FRA:709) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.28, compared to a current price of €1.17 — trading 9% below its estimated fair value. The current Return-on-Tangible-Equity is 15.31%, which is 60% above median its 10-year median of 9.54 and 36.8% above the Banks industry median of 11.19. Kraft Bank ASA's overall GF Score™ is 63/100 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 Kraft Bank ASA (FRA:709), the current Return-on-Tangible-Equity is 15.31% 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 Kraft Bank ASA (FRA:709) Overvalued in 2026?
Based on GuruFocus' analysis, Kraft Bank ASA stock appears to be undervalued.
The current stock price of €1.17 is trading 9% below its estimated GF Value™ of €1.28.
GuruFocus considers Kraft Bank ASA to be Modestly Undervalued.
Key valuation signals for FRA:709:
Return-on-Tangible-Equity: 15.31% (60% above median its 10-year median of 9.54)
GF Value™: €1.28 vs. price of €1.17 (9% below fair value)
Industry Position: 36.8% above the Banks median (#406 of 1522)
No single metric tells the full story. See the FRA:709 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kraft Bank ASA is a provider of banking services to its customers. The bank offers refinancing, savings products, loans, loans against mortgages in housing and other assets.
63GF Score
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