Scandinavian Medical Solutions AS (FRA:K41) Return-on-Tangible-Equity: -25.72% (As of Mar. 2026)

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FRA:K41 Scandinavian Medical Solutions AS FRA:K41
70 GF Score
Price €0.37
GF Value €0.80
Valuation Possible Value Trap
! 7 Warning Signs
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What is Scandinavian Medical Solutions AS Return-on-Tangible-Equity?

Scandinavian Medical Solutions AS FRA:K41 +3.69% 70 Return-on-Tangible-Equity is -25.72% as of Mar. 2026. GuruFocus rates FRA:K41 with a GF Score™ of 70/100 and a GF Value™ of €0.80 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 760 Medical Devices & Instruments companies, Scandinavian Medical Solutions AS ranks worse than 67.11% 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. Scandinavian Medical Solutions AS's annualized net income for the quarter that ended in Mar. 2026 was €-2.68 Mil. Scandinavian Medical Solutions AS's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €10.41 Mil. Therefore, Scandinavian Medical Solutions AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -25.72%.

The historical rank and industry rank for Scandinavian Medical Solutions AS's Return-on-Tangible-Equity or its related term are showing as below:

FRA:K41' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.72   Med: 26.36   Max: 112.51
Current: -9.72

During the past 7 years, Scandinavian Medical Solutions AS's highest Return-on-Tangible-Equity was 112.51%. The lowest was -9.72%. And the median was 26.36%.

FRA:K41's Return-on-Tangible-Equity is ranked worse than
67.11% of 760 companies
in the Medical Devices & Instruments industry
Industry Median: 4.03 vs FRA:K41: -9.72

Scandinavian Medical Solutions AS  (FRA:K41) 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.


Scandinavian Medical Solutions AS Return-on-Tangible-Equity Related Terms


Scandinavian Medical Solutions AS Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Scandinavian Medical Solutions 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.

Scandinavian Medical Solutions AS Return-on-Tangible-Equity Chart

Scandinavian Medical Solutions AS Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 56.29 26.35 17.88 9.92 0.03

Scandinavian Medical Solutions AS Semi-Annual Data
Sep19 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.94 12.90 -5.75 5.80 -25.72

FRA:K41 vs ABT, SYK, MDT: Return-on-Tangible-Equity Comparison

For the Medical Devices subindustry, Scandinavian Medical Solutions 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.


Scandinavian Medical Solutions AS Return-on-Tangible-Equity vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Scandinavian Medical Solutions AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Scandinavian Medical Solutions AS's Return-on-Tangible-Equity falls into.


FRA:K41
70GF Score
Scandinavian Medical Solutions AS FRA:K41
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Scandinavian Medical Solutions AS Return-on-Tangible-Equity Calculation

Scandinavian Medical Solutions AS's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=0.003/( (11.062+11.076 )/ 2 )
=0.003/11.069
=0.03 %

Scandinavian Medical Solutions AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=-2.678/( (11.076+9.746)/ 2 )
=-2.678/10.411
=-25.72 %

* 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 two times the semi-annual (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 -25.72% mean?
Scandinavian Medical Solutions AS (FRA:K41) has a Return-on-Tangible-Equity of -25.72% 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 Scandinavian Medical Solutions AS and its competitors. According to the industry distribution chart, Scandinavian Medical Solutions AS ranks #510 out of 760 companies in the Medical Devices & Instruments industry, placing it in the top 67.1%.
Is Scandinavian Medical Solutions AS's Return-on-Tangible-Equity too high?
Scandinavian Medical Solutions AS's current Return-on-Tangible-Equity is -25.72%. Based on the distribution chart, Scandinavian Medical Solutions AS ranks #510 out of 760 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Scandinavian Medical Solutions AS has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Scandinavian Medical Solutions AS's Return-on-Tangible-Equity compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Scandinavian Medical Solutions AS ranks #510 out of 760 companies for Return-on-Tangible-Equity. This places Scandinavian Medical Solutions AS in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.03. 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 Medical Devices & Instruments company?
The median Return-on-Tangible-Equity among Medical Devices & Instruments companies is 4.03, based on 760 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 Scandinavian Medical Solutions AS and its competitors. For the Medical Devices & Instruments industry, the median Return-on-Tangible-Equity is 4.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scandinavian Medical Solutions AS's current Return-on-Tangible-Equity is -25.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scandinavian Medical Solutions AS stock overvalued right now?
Based on GuruFocus' analysis, Scandinavian Medical Solutions AS (FRA:K41) is currently considered Possible Value Trap. The stock's GF Value™ is €0.80, compared to a current price of €0.37 — trading 54.4% below its estimated fair value. The current Return-on-Tangible-Equity is -25.72%. Scandinavian Medical Solutions AS's overall GF Score™ is 70/100 with 7 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 Scandinavian Medical Solutions AS (FRA:K41), the current Return-on-Tangible-Equity is -25.72% 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 Scandinavian Medical Solutions AS (FRA:K41) Overvalued in 2026?

Based on GuruFocus' analysis, Scandinavian Medical Solutions AS stock appears to be undervalued. The current stock price of €0.37 is trading 54.4% below its estimated GF Value™ of €0.80. GuruFocus considers Scandinavian Medical Solutions AS to be Possible Value Trap.

Key valuation signals for FRA:K41:

  • Return-on-Tangible-Equity: -25.72%
  • GF Value™: €0.80 vs. price of €0.37 (54.4% below fair value)
  • GF Score™: 70/100 with 7 warning signs

No single metric tells the full story. See the FRA:K41 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Scandinavian Medical Solutions AS Business Description

Other Exchanges SMSMED:Denmark
Address Gasvaerksvej 48, 1st Floor, Aalborg, DNK, 9000
Scandinavian Medical Solutions AS is a provider of Medical Imaging equipment. The company specializes in the acquisition, quality check, and resale of high-quality pre-owned medical imaging systems. The company supplies value-added resellers and distributors in various countries with MRI, CT, PET/CT, and other diagnostic scanners. It operates the business through three business areas, Equipment Solutions, Parts Solutions and Rental Solutions. Equipment Solutions is the company's main source of revenue, which focuses on sourcing, inspecting, and selling imaging systems such as MRI, CT, PET/CT, Cath-Lab, and Mammography units.
70GF Score

Get the complete analysis for FRA:K41

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.37
Price
€0.80
GF Value