AKVA Group ASA (LTS:0DIP) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Mar. 2026)


LTS:0DIP AKVA Group ASA LTS:0DIP
66 GF Score
Price kr134.00
GF Value kr88.37
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is AKVA Group ASA Return-on-Tangible-Equity?

AKVA Group ASA LTS:0DIP +6.14% 66 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates LTS:0DIP with a GF Score™ of 66/100 and a GF Value™ of kr88.37 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 199 Farm & Heavy Construction Machinery companies, AKVA Group ASA ranks better than 99.5% 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. AKVA Group ASA's annualized net income for the quarter that ended in Mar. 2026 was kr223 Mil. AKVA Group ASA's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr-231 Mil. Therefore, AKVA Group ASA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.

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

LTS:0DIP' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -50.68   Med: -9.56   Max: 668.94
Current: Negative Tangible Equity

During the past 13 years, AKVA Group ASA's highest Return-on-Tangible-Equity was 668.94%. The lowest was -50.68%. And the median was -9.56%.

LTS:0DIP's Return-on-Tangible-Equity is ranked better than
99.5% of 199 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 9.15 vs LTS:0DIP: Negative Tangible Equity

AKVA Group ASA  (LTS:0DIP) 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.


AKVA Group ASA Return-on-Tangible-Equity Related Terms


AKVA Group ASA Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for AKVA Group 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.

AKVA Group ASA Return-on-Tangible-Equity Chart

AKVA Group 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 6.35 -50.68 -25.46 Negative Tangible Equity Negative Tangible Equity

AKVA Group 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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

LTS:0DIP vs CAT, DE, PCAR: Return-on-Tangible-Equity Comparison

For the Farm & Heavy Construction Machinery subindustry, AKVA Group 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.


AKVA Group ASA Return-on-Tangible-Equity vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, AKVA Group ASA's Return-on-Tangible-Equity distribution charts can be found below:

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


LTS:0DIP
66GF Score
AKVA Group ASA LTS:0DIP
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AKVA Group ASA Return-on-Tangible-Equity Calculation

AKVA Group 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 )
=184.386/( (-315.59+-239.785 )/ 2 )
=184.386/-277.6875
=Negative Tangible Equity %

AKVA Group 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 )
=223.048/( (-239.785+-221.951)/ 2 )
=223.048/-230.868
=Negative Tangible Equity %

* 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 Negative Tangible Equity% mean?
AKVA Group ASA (LTS:0DIP) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 AKVA Group ASA and its competitors. According to the industry distribution chart, AKVA Group ASA ranks #1 out of 199 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 0.5%.
Is AKVA Group ASA's Return-on-Tangible-Equity too high?
AKVA Group ASA's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, AKVA Group ASA ranks #1 out of 199 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, AKVA Group ASA has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AKVA Group ASA's Return-on-Tangible-Equity compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, AKVA Group ASA ranks #1 out of 199 companies for Return-on-Tangible-Equity. This places AKVA Group ASA in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 9.15. 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 Farm & Heavy Construction Machinery company?
The median Return-on-Tangible-Equity among Farm & Heavy Construction Machinery companies is 9.15, based on 199 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 AKVA Group ASA and its competitors. For the Farm & Heavy Construction Machinery industry, the median Return-on-Tangible-Equity is 9.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AKVA Group ASA'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 AKVA Group ASA stock overvalued right now?
Based on GuruFocus' analysis, AKVA Group ASA (LTS:0DIP) is currently considered Significantly Overvalued. The stock's GF Value™ is kr88.37, compared to a current price of kr134.00 — trading 51.6% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. AKVA Group ASA's overall GF Score™ is 66/100 with 8 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 AKVA Group ASA (LTS:0DIP), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 AKVA Group ASA (LTS:0DIP) Overvalued in 2026?

Based on GuruFocus' analysis, AKVA Group ASA stock appears to be overvalued. The current stock price of kr134.00 is trading 51.6% above its estimated GF Value™ of kr88.37. GuruFocus considers AKVA Group ASA to be Significantly Overvalued.

Key valuation signals for LTS:0DIP:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: kr88.37 vs. price of kr134.00 (51.6% above fair value)
  • GF Score™: 66/100 with 8 warning signs

No single metric tells the full story. See the LTS:0DIP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AKVA Group ASA Business Description

Address Svanavagveien 30, Egersund, NOR, N-4374
AKVA Group ASA is a technology and service partner in the aquaculture industry. The company has three operating segments; Sea-Based Technology includes products like feed barges, fish farming cages, feed systems, nets, sensors, cameras, light systems, net cleaning systems, and remotely operating vehicles, Land Based Technology includes Recirculation technology that allows re-use of the water by cleaning the water and restoring important water quality parameters, using water treatment technology, and Digital includes products like FishtalkTM, AKVAconnect, and Observe. The FishtalkTM software includes brands such as Production control, planning, traceability, and ERP software for both the aquaculture and the fishing industry.
66GF Score

Get the complete analysis for LTS:0DIP

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

kr134.00
Price
kr88.37
GF Value