Instabank ASAFRA:93V +0.78%60 Return-on-Tangible-Equity is 9.83% as of Mar. 2026, which is 3% below its 10-year median of 10.16. GuruFocus rates FRA:93V with a GF Score™ of 60/100 and a GF Value™ of €0.23 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,526 Banks companies, Instabank ASA ranks worse than 50.66% 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. Instabank ASA's annualized net income for the quarter that ended in Mar. 2026 was €11.72 Mil. Instabank ASA's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €119.22 Mil. Therefore, Instabank ASA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.83%.
The historical rank and industry rank for Instabank ASA's Return-on-Tangible-Equity or its related term are showing as below:
FRA:93V'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.87 Med: 10.16 Max: 13.96
Current: 11.12
During the past 9 years, Instabank ASA's highest Return-on-Tangible-Equity was 13.96%. The lowest was 0.87%. And the median was 10.16%.
FRA:93V's Return-on-Tangible-Equity is ranked worse than 50.66% of 1526
companies
in the Banks industry
Industry Median: 11.195
vs FRA:93V: 11.12
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.
Instabank ASA Return-on-Tangible-Equity Related Terms
Instabank ASA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Instabank 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.
For the Banks - Regional subindustry, Instabank 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.
Instabank ASA Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Instabank ASA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Instabank 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 9.83% mean?
Instabank ASA (FRA:93V) has a Return-on-Tangible-Equity of 9.83% 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 Instabank ASA and its competitors. This is near median its historical median of 10.16. Over the past decade, Instabank ASA's Return-on-Tangible-Equity has ranged from 0.87 to 13.96. According to the industry distribution chart, Instabank ASA ranks #773 out of 1526 companies in the Banks industry, placing it in the top 50.7%.
Is Instabank ASA's Return-on-Tangible-Equity too high?
Instabank ASA's current Return-on-Tangible-Equity of 9.83% is near median its 10-year median of 10.16. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 13.96. The Banks industry median Return-on-Tangible-Equity is 11.20. Instabank ASA's value of 9.83% is 12.2% below this industry median. Based on the distribution chart, Instabank ASA ranks #773 out of 1526 companies in the Banks industry, which is below the industry midpoint. Overall, Instabank ASA has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Instabank ASA's Return-on-Tangible-Equity compare to competitors?
According to the Banks industry distribution chart, Instabank ASA ranks #773 out of 1526 companies for Return-on-Tangible-Equity. This places Instabank ASA in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.20. Instabank ASA's value of 9.83% is 12.2% below this benchmark. Historically, Instabank ASA's own Return-on-Tangible-Equity has ranged from 0.87 to 13.96 over the past decade. While the company's 10-year median is 10.16 vs. the industry median of 11.20, Instabank ASA has consistently been below 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 11.20, based on 1,526 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. Instabank ASA's current Return-on-Tangible-Equity of 9.83% is 12.2% below 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 Instabank ASA and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Instabank ASA's current Return-on-Tangible-Equity is 9.83%, which is near median its own 10-year median of 10.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Instabank ASA stock overvalued right now?
Based on GuruFocus' analysis, Instabank ASA (FRA:93V) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.23, compared to a current price of €0.39 — trading 67.8% above its estimated fair value. The current Return-on-Tangible-Equity is 9.83%, which is near median its 10-year median of 10.16 and 12.2% below the Banks industry median of 11.20. Instabank ASA's overall GF Score™ is 60/100 with 6 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 Instabank ASA (FRA:93V), the current Return-on-Tangible-Equity is 9.83% 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 Instabank ASA (FRA:93V) Overvalued in 2026?
Based on GuruFocus' analysis, Instabank ASA stock appears to be overvalued.
The current stock price of €0.39 is trading 67.8% above its estimated GF Value™ of €0.23.
GuruFocus considers Instabank ASA to be Significantly Overvalued.
Key valuation signals for FRA:93V:
Return-on-Tangible-Equity: 9.83% (near median its 10-year median of 10.16)
GF Value™: €0.23 vs. price of €0.39 (67.8% above fair value)
Industry Position: 12.2% below the Banks median (#773 of 1526)
No single metric tells the full story. See the FRA:93V stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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