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. Bergman & Beving AB's annualized net income for the quarter that ended in Mar. 2026 was €32.7 Mil. Bergman & Beving AB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €-127.4 Mil. Therefore, Bergman & Beving AB'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 Bergman & Beving AB's Return-on-Tangible-Equity or its related term are showing as below:
FRA:BLRB'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 32.22 Med: 196.87 Max: 361.51
Current: Negative Tangible Equity
During the past 13 years, Bergman & Beving AB's highest Return-on-Tangible-Equity was 361.51%. The lowest was 32.22%. And the median was 196.87%.
FRA:BLRB's Return-on-Tangible-Equity is ranked better than 99.82% of 551
companies
in the Conglomerates industry
Industry Median: 7.48
vs FRA:BLRB: Negative Tangible Equity
Bergman & Beving AB (FRA:BLRB) 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.
Bergman & Beving AB Return-on-Tangible-Equity Related Terms
Bergman & Beving AB Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Bergman & Beving 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.
Bergman & Beving AB Return-on-Tangible-Equity Chart
FRA:BLRB vs HON, MMM: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Bergman & Beving 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.
Bergman & Beving AB Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Bergman & Beving AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Bergman & Beving 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 (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?
Bergman & Beving AB (FRA:BLRB) 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 Bergman & Beving AB and its competitors. Over the past decade, Bergman & Beving AB's Return-on-Tangible-Equity has ranged from 32.22 to 361.51. According to the industry distribution chart, Bergman & Beving AB ranks #1 out of 551 companies in the Conglomerates industry, placing it in the top 0.2%.
Is Bergman & Beving AB's Return-on-Tangible-Equity too high?
Bergman & Beving AB's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 32.22 to a high of 361.51. Based on the distribution chart, Bergman & Beving AB ranks #1 out of 551 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Bergman & Beving AB has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bergman & Beving AB's Return-on-Tangible-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, Bergman & Beving AB ranks #1 out of 551 companies for Return-on-Tangible-Equity. This places Bergman & Beving AB in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.48. Historically, Bergman & Beving AB's own Return-on-Tangible-Equity has ranged from 32.22 to 361.51 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 Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.48, based on 551 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 Bergman & Beving AB and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bergman & Beving AB'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 Bergman & Beving AB stock overvalued right now?
Based on GuruFocus' analysis, Bergman & Beving AB (FRA:BLRB) is currently considered Fairly Valued. The stock's GF Value™ is €26.39, compared to a current price of €26.30 — trading 0.3% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Bergman & Beving AB's overall GF Score™ is 76/100 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 Bergman & Beving AB (FRA:BLRB), 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 Bergman & Beving AB (FRA:BLRB) Overvalued in 2026?
Based on GuruFocus' analysis, Bergman & Beving AB stock appears to be undervalued.
The current stock price of €26.30 is trading 0.3% below its estimated GF Value™ of €26.39.
GuruFocus considers Bergman & Beving AB to be Fairly Valued.
No single metric tells the full story. See the FRA:BLRB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bergman & Beving AB is a Swedish corporate group that acquires and develops companies in niche markets serving the industrial and construction sectors. It operates through four divisions: i) Core Solutions, supplying components and solutions such as fastening products, metal liners, heat exchangers and access panels; ii) Safety Technology, providing safety products and solutions such as personal, area-, technical- and fire safety; iii) Machinery & Equipment, offering machinery, tools, and instruments; and iv) PPE & Utilities, focusing on personal protective equipment and utility solutions for industrial and construction retailers. The majority of the company's revenue is generated from Sweden.
76GF Score
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