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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. Gjensidige Forsikring ASA's annualized net income for the quarter that ended in Jun. 2026 was €769 Mil. Gjensidige Forsikring ASA's average shareholder tangible equity for the quarter that ended in Jun. 2026 was €1,376 Mil. Therefore, Gjensidige Forsikring ASA's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 55.90%.
The historical rank and industry rank for Gjensidige Forsikring ASA's Return-on-Tangible-Equity or its related term are showing as below:
FRA:XGJ0'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 19.59 Med: 25.52 Max: 39.28
Current: 39.28
During the past 13 years, Gjensidige Forsikring ASA's highest Return-on-Tangible-Equity was 39.28%. The lowest was 19.59%. And the median was 25.52%.
FRA:XGJ0's Return-on-Tangible-Equity is ranked better than 89.52% of 496
companies
in the Insurance industry
Industry Median: 13.245
vs FRA:XGJ0: 39.28
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.
Gjensidige Forsikring ASA Return-on-Tangible-Equity Related Terms
Gjensidige Forsikring ASA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Gjensidige Forsikring 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.
FRA:XGJ0 vs CB, PGR, TRV: Return-on-Tangible-Equity Comparison
For the Insurance - Property & Casualty subindustry, Gjensidige Forsikring 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.
Gjensidige Forsikring ASA Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, Gjensidige Forsikring ASA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Gjensidige Forsikring 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 (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 55.90% mean?
Gjensidige Forsikring ASA (FRA:XGJ0) has a Return-on-Tangible-Equity of 55.90% 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 Gjensidige Forsikring ASA and its competitors. This is 119% above median its historical median of 25.52. Over the past decade, Gjensidige Forsikring ASA's Return-on-Tangible-Equity has ranged from 19.59 to 39.28. According to the industry distribution chart, Gjensidige Forsikring ASA ranks #52 out of 496 companies in the Insurance industry, placing it in the top 10.5%.
Is Gjensidige Forsikring ASA's Return-on-Tangible-Equity too high?
Gjensidige Forsikring ASA's current Return-on-Tangible-Equity of 55.90% is 119% above median its 10-year median of 25.52. Over the past 10 years, this metric has ranged from a low of 19.59 to a high of 39.28. The Insurance industry median Return-on-Tangible-Equity is 13.25. Gjensidige Forsikring ASA's value of 55.90% is 322% above this industry median. Based on the distribution chart, Gjensidige Forsikring ASA ranks #52 out of 496 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Gjensidige Forsikring ASA has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Gjensidige Forsikring ASA's Return-on-Tangible-Equity compare to CB and PGR?
According to the Insurance industry distribution chart, Gjensidige Forsikring ASA ranks #52 out of 496 companies for Return-on-Tangible-Equity. This places Gjensidige Forsikring ASA in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 13.25. Gjensidige Forsikring ASA's value of 55.90% is 322% above this benchmark. Historically, Gjensidige Forsikring ASA's own Return-on-Tangible-Equity has ranged from 19.59 to 39.28 over the past decade. While the company's 10-year median is 25.52 vs. the industry median of 13.25, Gjensidige Forsikring ASA has consistently been above 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 an Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.25, based on 496 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. Gjensidige Forsikring ASA's current Return-on-Tangible-Equity of 55.90% is 322% above 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 Gjensidige Forsikring ASA and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gjensidige Forsikring ASA's current Return-on-Tangible-Equity is 55.90%, which is 119% above median its own 10-year median of 25.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gjensidige Forsikring ASA stock overvalued right now?
Gjensidige Forsikring ASA (FRA:XGJ0) has a current Return-on-Tangible-Equity of 55.90%. The stock's GF Value™ is €21.14, compared to a current price of €24.60 — trading 16.4% above its estimated fair value. The current Return-on-Tangible-Equity is 55.90%, which is 119% above median its 10-year median of 25.52 and 322% above the Insurance industry median of 13.25. Gjensidige Forsikring ASA's overall GF Score™ is 61/100 with 4 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 Gjensidige Forsikring ASA (FRA:XGJ0), the current Return-on-Tangible-Equity is 55.90% 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 Gjensidige Forsikring ASA (FRA:XGJ0) Overvalued in 2026?
Based on GuruFocus' analysis, Gjensidige Forsikring ASA stock appears to be overvalued.
The current stock price of €24.60 is trading 16.4% above its estimated GF Value™ of €21.14.
Key valuation signals for FRA:XGJ0:
Return-on-Tangible-Equity: 55.90% (119% above median its 10-year median of 25.52)
GF Value™: €21.14 vs. price of €24.60 (16.4% above fair value)
Industry Position: 322% above the Insurance median (#52 of 496)
No single metric tells the full story. See the FRA:XGJ0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gjensidige Forsikring ASA develops and offers insurance covering customers' security needs and related services, including loss prevention and claims processing. It provides general insurance (property and liability) and accident and health insurance, operating in Norway, Denmark, and Sweden. It has four segments: General Insurance Private, serving individuals in Norway and Denmark; General Insurance Commercial, serving commercial, agricultural, and public sector customers in Norway and Denmark, and earning the majority of revenue; General Insurance Sweden, serving private and commercial markets; and Pension, offering occupational and individual pension products in Norway to enhance customer loyalty. It operates in Norway, Denmark, and Sweden, with maximum revenue coming from Norway.
61GF Score
Get the complete analysis for FRA:XGJ0
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