Strategic Investments ASFRA:DNN 31 Return-on-Tangible-Equity is -104.52% as of Mar. 2026. GuruFocus rates FRA:DNN with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 1,591 Asset Management companies, Strategic Investments AS ranks worse than 61.47% 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. Strategic Investments AS's annualized net income for the quarter that ended in Mar. 2026 was €-46.63 Mil. Strategic Investments AS's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €44.61 Mil. Therefore, Strategic Investments AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -104.52%.
The historical rank and industry rank for Strategic Investments AS's Return-on-Tangible-Equity or its related term are showing as below:
FRA:DNN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -41.23 Med: 8.34 Max: 19.64
Current: 4.06
During the past 13 years, Strategic Investments AS's highest Return-on-Tangible-Equity was 19.64%. The lowest was -41.23%. And the median was 8.34%.
FRA:DNN's Return-on-Tangible-Equity is ranked worse than 61.47% of 1591
companies
in the Asset Management industry
Industry Median: 7.21
vs FRA:DNN: 4.06
Strategic Investments AS (FRA:DNN) 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.
Strategic Investments AS Return-on-Tangible-Equity Related Terms
Strategic Investments AS Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Strategic Investments AS'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.
Strategic Investments AS Return-on-Tangible-Equity Chart
FRA:DNN vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Strategic Investments AS'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.
Strategic Investments AS Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Strategic Investments AS's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Strategic Investments AS'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 -104.52% mean?
Strategic Investments AS (FRA:DNN) has a Return-on-Tangible-Equity of -104.52% 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 Strategic Investments AS and its competitors. According to the industry distribution chart, Strategic Investments AS ranks #978 out of 1591 companies in the Asset Management industry, placing it in the top 61.5%.
Is Strategic Investments AS's Return-on-Tangible-Equity too high?
Strategic Investments AS's current Return-on-Tangible-Equity is -104.52%. Based on the distribution chart, Strategic Investments AS ranks #978 out of 1591 companies in the Asset Management industry, which is below the industry midpoint. Overall, Strategic Investments AS has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Strategic Investments AS's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Strategic Investments AS ranks #978 out of 1591 companies for Return-on-Tangible-Equity. This places Strategic Investments AS in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.21. 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 an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,591 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 Strategic Investments AS and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Strategic Investments AS's current Return-on-Tangible-Equity is -104.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Strategic Investments AS stock overvalued right now?
Strategic Investments AS (FRA:DNN) has a current Return-on-Tangible-Equity of -104.52%. The current Return-on-Tangible-Equity is -104.52%. Strategic Investments AS's overall GF Score™ is 31/100 with 1 warning sign 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 Strategic Investments AS (FRA:DNN), the current Return-on-Tangible-Equity is -104.52% 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.
Strategic Investments AS is an investment company. It invests in investment in securities and financial instruments, Nordic equities, bonds, and corporate bonds in order to generate a high return. The Company does activist investing in small and mid cap shares, hedge fund investing and investing in other financial instruments.
31GF Score
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