KBGGY (Kongsberg Gruppen ASA) Return-on-Tangible-Equity: 35.34% (As of Mar. 2026) — 17% Above Median


KBGGY Kongsberg Gruppen ASA KBGGY
82 GF Score
Price $16.35
GF Value $12.53
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Kongsberg Gruppen ASA Return-on-Tangible-Equity?

Kongsberg Gruppen ASA KBGGY +5.62% 82 Return-on-Tangible-Equity is 35.34% as of Mar. 2026, which is 17% above its 10-year median of 30.24. GuruFocus rates KBGGY with a GF Score™ of 82/100 and a GF Value™ of $12.53 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 334 Aerospace & Defense companies, Kongsberg Gruppen ASA ranks better than 85.33% 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. Kongsberg Gruppen ASA's annualized net income for the quarter that ended in Mar. 2026 was $697 Mil. Kongsberg Gruppen ASA's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $1,974 Mil. Therefore, Kongsberg Gruppen ASA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 35.34%.

The historical rank and industry rank for Kongsberg Gruppen ASA's Return-on-Tangible-Equity or its related term are showing as below:

KBGGY' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.77   Med: 30.24   Max: 50.38
Current: 46.61

During the past 13 years, Kongsberg Gruppen ASA's highest Return-on-Tangible-Equity was 50.38%. The lowest was 8.77%. And the median was 30.24%.

KBGGY's Return-on-Tangible-Equity is ranked better than
85.33% of 334 companies
in the Aerospace & Defense industry
Industry Median: 8.195 vs KBGGY: 46.61

Kongsberg Gruppen ASA  (OTCPK:KBGGY) 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.


Kongsberg Gruppen ASA Return-on-Tangible-Equity Related Terms


Kongsberg Gruppen ASA Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Kongsberg Gruppen 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.

Kongsberg Gruppen ASA Return-on-Tangible-Equity Chart

Kongsberg Gruppen ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.80 32.57 40.58 43.86 52.47

Kongsberg Gruppen ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.96 51.04 53.10 57.49 35.34

KBGGY vs SPCX, GE, RTX: Return-on-Tangible-Equity Comparison

For the Aerospace & Defense subindustry, Kongsberg Gruppen 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.


Kongsberg Gruppen ASA Return-on-Tangible-Equity vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Kongsberg Gruppen ASA's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Kongsberg Gruppen ASA's Return-on-Tangible-Equity falls into.


KBGGY
82GF Score
Kongsberg Gruppen ASA KBGGY
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kongsberg Gruppen ASA Return-on-Tangible-Equity Calculation

Kongsberg Gruppen ASA's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=786.888/( (1133.56+1865.656 )/ 2 )
=786.888/1499.608
=52.47 %

Kongsberg Gruppen ASA'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: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=697.408/( (1865.656+2081.668)/ 2 )
=697.408/1973.662
=35.34 %

* 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 35.34% mean?
Kongsberg Gruppen ASA (KBGGY) has a Return-on-Tangible-Equity of 35.34% 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 Kongsberg Gruppen ASA and its competitors. This is 17% above median its historical median of 30.24. Over the past decade, Kongsberg Gruppen ASA's Return-on-Tangible-Equity has ranged from 8.77 to 50.38. According to the industry distribution chart, Kongsberg Gruppen ASA ranks #49 out of 334 companies in the Aerospace & Defense industry, placing it in the top 14.7%.
Is Kongsberg Gruppen ASA's Return-on-Tangible-Equity too high?
Kongsberg Gruppen ASA's current Return-on-Tangible-Equity of 35.34% is 17% above median its 10-year median of 30.24. Over the past 10 years, this metric has ranged from a low of 8.77 to a high of 50.38. The Aerospace & Defense industry median Return-on-Tangible-Equity is 8.20. Kongsberg Gruppen ASA's value of 35.34% is 331.2% above this industry median. Based on the distribution chart, Kongsberg Gruppen ASA ranks #49 out of 334 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Kongsberg Gruppen ASA has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kongsberg Gruppen ASA's Return-on-Tangible-Equity compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Kongsberg Gruppen ASA ranks #49 out of 334 companies for Return-on-Tangible-Equity. This places Kongsberg Gruppen ASA in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.20. Kongsberg Gruppen ASA's value of 35.34% is 331.2% above this benchmark. Historically, Kongsberg Gruppen ASA's own Return-on-Tangible-Equity has ranged from 8.77 to 50.38 over the past decade. While the company's 10-year median is 30.24 vs. the industry median of 8.20, Kongsberg Gruppen 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 Aerospace & Defense company?
The median Return-on-Tangible-Equity among Aerospace & Defense companies is 8.20, based on 334 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. Kongsberg Gruppen ASA's current Return-on-Tangible-Equity of 35.34% is 331.2% 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 Kongsberg Gruppen ASA and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Equity is 8.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kongsberg Gruppen ASA's current Return-on-Tangible-Equity is 35.34%, which is 17% above median its own 10-year median of 30.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kongsberg Gruppen ASA stock overvalued right now?
Based on GuruFocus' analysis, Kongsberg Gruppen ASA (KBGGY) is currently considered Modestly Overvalued. The stock's GF Value™ is $12.53, compared to a current price of $16.35 — trading 30.5% above its estimated fair value. The current Return-on-Tangible-Equity is 35.34%, which is 17% above median its 10-year median of 30.24 and 331.2% above the Aerospace & Defense industry median of 8.20. Kongsberg Gruppen ASA's overall GF Score™ is 82/100 with 3 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 Kongsberg Gruppen ASA (KBGGY), the current Return-on-Tangible-Equity is 35.34% 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 Kongsberg Gruppen ASA (KBGGY) Overvalued in 2026?

Based on GuruFocus' analysis, Kongsberg Gruppen ASA stock appears to be overvalued. The current stock price of $16.35 is trading 30.5% above its estimated GF Value™ of $12.53. GuruFocus considers Kongsberg Gruppen ASA to be Modestly Overvalued.

Key valuation signals for KBGGY:

  • Return-on-Tangible-Equity: 35.34% (17% above median its 10-year median of 30.24)
  • GF Value™: $12.53 vs. price of $16.35 (30.5% above fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 331.2% above the Aerospace & Defense median (#49 of 334)

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


Kongsberg Gruppen ASA Business Description

Address Kirkegardsveien 45, Kongsberg, NOR, N-3616
Kongsberg Gruppen is an international technology company focused on defense, aerospace, and advanced sensing and surveillance solutions following the spinoff of its maritime business. The group's activities are centered on Kongsberg Defence & Aerospace and Kongsberg Discovery, providing defense systems, missiles, air defense, and subsea and monitoring technologies.
82GF Score

Get the complete analysis for KBGGY

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

$16.35
Price
$12.53
GF Value