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. BlueNord ASA's annualized net income for the quarter that ended in Mar. 2026 was kr-359 Mil. BlueNord ASA's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr4,765 Mil. Therefore, BlueNord ASA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -7.54%.
The historical rank and industry rank for BlueNord ASA's Return-on-Tangible-Equity or its related term are showing as below:
LTS:0HTF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -322.06 Med: 1.1 Max: 135.53
Current: 12.28
During the past 13 years, BlueNord ASA's highest Return-on-Tangible-Equity was 135.53%. The lowest was -322.06%. And the median was 1.10%.
LTS:0HTF's Return-on-Tangible-Equity is ranked better than 64.66% of 945
companies
in the Oil & Gas industry
Industry Median: 6.74
vs LTS:0HTF: 12.28
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.
BlueNord ASA Return-on-Tangible-Equity Related Terms
BlueNord ASA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for BlueNord 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.
LTS:0HTF vs COP, EOG, FANG: Return-on-Tangible-Equity Comparison
For the Oil & Gas E&P subindustry, BlueNord 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.
BlueNord ASA Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, BlueNord ASA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where BlueNord 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 (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 -7.54% mean?
BlueNord ASA (LTS:0HTF) has a Return-on-Tangible-Equity of -7.54% 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 BlueNord ASA and its competitors. According to the industry distribution chart, BlueNord ASA ranks #334 out of 945 companies in the Oil & Gas industry, placing it in the top 35.3%.
Is BlueNord ASA's Return-on-Tangible-Equity too high?
BlueNord ASA's current Return-on-Tangible-Equity is -7.54%. Based on the distribution chart, BlueNord ASA ranks #334 out of 945 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, BlueNord ASA has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BlueNord ASA's Return-on-Tangible-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, BlueNord ASA ranks #334 out of 945 companies for Return-on-Tangible-Equity. This puts BlueNord ASA in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.74. 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 Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.74, based on 945 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 BlueNord ASA and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlueNord ASA's current Return-on-Tangible-Equity is -7.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlueNord ASA stock overvalued right now?
Based on GuruFocus' analysis, BlueNord ASA (LTS:0HTF) is currently considered Possible Value Trap. The stock's GF Value™ is kr810.27, compared to a current price of kr490.50 — trading 39.5% below its estimated fair value. The current Return-on-Tangible-Equity is -7.54%. BlueNord ASA's overall GF Score™ is 67/100 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 BlueNord ASA (LTS:0HTF), the current Return-on-Tangible-Equity is -7.54% 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 BlueNord ASA (LTS:0HTF) Overvalued in 2026?
Based on GuruFocus' analysis, BlueNord ASA stock appears to be undervalued.
The current stock price of kr490.50 is trading 39.5% below its estimated GF Value™ of kr810.27.
GuruFocus considers BlueNord ASA to be Possible Value Trap.
Key valuation signals for LTS:0HTF:
Return-on-Tangible-Equity: -7.54%
GF Value™: kr810.27 vs. price of kr490.50 (39.5% below fair value)
No single metric tells the full story. See the LTS:0HTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BlueNord ASA is a Norway-based oil and gas company engaged in the production and development of oil and gas resources. The company operates mainly in the Danish North Sea through its interest in the Danish Underground Consortium. It focuses on supporting the energy transition by improving the long-term role of oil and gas in the energy mix while reducing greenhouse gas emissions on the Danish Continental Shelf.
67GF Score
Get the complete analysis for LTS:0HTF
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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