Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Berner Industrier AB's annualized net income for the quarter that ended in Jun. 2026 was €7.22 Mil. Berner Industrier AB's average shareholder tangible equity for the quarter that ended in Jun. 2026 was €-0.94 Mil. Therefore, Berner Industrier AB's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for Berner Industrier AB's Return-on-Tangible-Equity or its related term are showing as below:
FRA:P5H'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 21.53 Med: 92.86 Max: 384.57
Current: Negative Tangible Equity
During the past 13 years, Berner Industrier AB's highest Return-on-Tangible-Equity was 384.57%. The lowest was 21.53%. And the median was 92.86%.
FRA:P5H's Return-on-Tangible-Equity is ranked better than 97.51% of 2969
companies
in the Industrial Products industry
Industry Median: 6.72
vs FRA:P5H: Negative Tangible Equity
Berner Industrier AB (FRA:P5H) 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.
Berner Industrier AB Return-on-Tangible-Equity Related Terms
Berner Industrier AB Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Berner Industrier 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.
Berner Industrier AB Return-on-Tangible-Equity Chart
FRA:P5H vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Berner Industrier 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.
Berner Industrier AB Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Berner Industrier AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Berner Industrier 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 (Jun. 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?
Berner Industrier AB (FRA:P5H) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Berner Industrier AB and its competitors. Over the past decade, Berner Industrier AB's Return-on-Tangible-Equity has ranged from 21.53 to 384.57. According to the industry distribution chart, Berner Industrier AB ranks #74 out of 2969 companies in the Industrial Products industry, placing it in the top 2.5%.
Is Berner Industrier AB's Return-on-Tangible-Equity too high?
Berner Industrier AB's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 21.53 to a high of 384.57. Based on the distribution chart, Berner Industrier AB ranks #74 out of 2969 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Berner Industrier AB has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Berner Industrier AB's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Berner Industrier AB ranks #74 out of 2969 companies for Return-on-Tangible-Equity. This places Berner Industrier AB in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.72. Historically, Berner Industrier AB's own Return-on-Tangible-Equity has ranged from 21.53 to 384.57 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,969 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 Berner Industrier AB and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Berner Industrier 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 Berner Industrier AB stock overvalued right now?
Berner Industrier AB (FRA:P5H) has a current Return-on-Tangible-Equity of Negative Tangible Equity%. The stock's GF Value™ is €3.69, compared to a current price of €6.79 — trading 84% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Berner Industrier AB's overall GF Score™ is 73/100. 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 Berner Industrier AB (FRA:P5H), the current Return-on-Tangible-Equity is Negative Tangible Equity% as of Jun. 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 Berner Industrier AB (FRA:P5H) Overvalued in 2026?
Based on GuruFocus' analysis, Berner Industrier AB stock appears to be overvalued.
The current stock price of €6.79 is trading 84% above its estimated GF Value™ of €3.69.
No single metric tells the full story. See the FRA:P5H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Berner Industrier AB formerly Christian Berner Tech Trade AB and its subsidiaries markets, sells, and delivers components, systems, and services with high technology content. The offer includes quality products, consulting support, system solutions, installation, service, and processing for industry and public sector customers. The group operates in Sweden, Norway, Finland and Denmark.
73GF Score
Get the complete analysis for FRA:P5H
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:P5H has been successfully added to your 
