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Akzo Nobel NVLTS:0LND +0.37%73 Return-on-Tangible-Equity is 39.01% as of Mar. 2026, which is 9% below its 10-year median of 42.82. GuruFocus rates LTS:0LND with a GF Score™ of 73/100 and a GF Value™ of €56.16 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,570 Chemicals companies, Akzo Nobel NV ranks better than 97.58% 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. Akzo Nobel NV's annualized net income for the quarter that ended in Mar. 2026 was €372 Mil. Akzo Nobel NV's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €954 Mil. Therefore, Akzo Nobel NV's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 39.01%.
The historical rank and industry rank for Akzo Nobel NV's Return-on-Tangible-Equity or its related term are showing as below:
LTS:0LND'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.71 Med: 42.82 Max: 176.1
Current: 101.21
During the past 13 years, Akzo Nobel NV's highest Return-on-Tangible-Equity was 176.10%. The lowest was 9.71%. And the median was 42.82%.
LTS:0LND's Return-on-Tangible-Equity is ranked better than 97.58% of 1570
companies
in the Chemicals industry
Industry Median: 5.77
vs LTS:0LND: 101.21
Akzo Nobel NV (LTS:0LND) 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.
Akzo Nobel NV Return-on-Tangible-Equity Related Terms
Akzo Nobel NV Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Akzo Nobel NV'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:0LND vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Akzo Nobel NV'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.
Akzo Nobel NV Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Akzo Nobel NV's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Akzo Nobel NV'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 39.01% mean?
Akzo Nobel NV (LTS:0LND) has a Return-on-Tangible-Equity of 39.01% 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 Akzo Nobel NV and its competitors. This is near median its historical median of 42.82. Over the past decade, Akzo Nobel NV's Return-on-Tangible-Equity has ranged from 9.71 to 176.10. According to the industry distribution chart, Akzo Nobel NV ranks #38 out of 1570 companies in the Chemicals industry, placing it in the top 2.4%.
Is Akzo Nobel NV's Return-on-Tangible-Equity too high?
Akzo Nobel NV's current Return-on-Tangible-Equity of 39.01% is near median its 10-year median of 42.82. Over the past 10 years, this metric has ranged from a low of 9.71 to a high of 176.10. The Chemicals industry median Return-on-Tangible-Equity is 5.77. Akzo Nobel NV's value of 39.01% is 576.1% above this industry median. Based on the distribution chart, Akzo Nobel NV ranks #38 out of 1570 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Akzo Nobel NV has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Akzo Nobel NV's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Akzo Nobel NV ranks #38 out of 1570 companies for Return-on-Tangible-Equity. This places Akzo Nobel NV in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.77. Akzo Nobel NV's value of 39.01% is 576.1% above this benchmark. Historically, Akzo Nobel NV's own Return-on-Tangible-Equity has ranged from 9.71 to 176.10 over the past decade. While the company's 10-year median is 42.82 vs. the industry median of 5.77, Akzo Nobel NV 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 a Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.77, based on 1,570 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. Akzo Nobel NV's current Return-on-Tangible-Equity of 39.01% is 576.1% 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 Akzo Nobel NV and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Akzo Nobel NV's current Return-on-Tangible-Equity is 39.01%, which is near median its own 10-year median of 42.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akzo Nobel NV stock overvalued right now?
Based on GuruFocus' analysis, Akzo Nobel NV (LTS:0LND) is currently considered Fairly Valued. The stock's GF Value™ is €56.16, compared to a current price of €57.11 — trading 1.7% above its estimated fair value. The current Return-on-Tangible-Equity is 39.01%, which is near median its 10-year median of 42.82 and 576.1% above the Chemicals industry median of 5.77. Akzo Nobel NV's overall GF Score™ is 73/100 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 Akzo Nobel NV (LTS:0LND), the current Return-on-Tangible-Equity is 39.01% 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 Akzo Nobel NV (LTS:0LND) Overvalued in 2026?
Based on GuruFocus' analysis, Akzo Nobel NV stock appears to be overvalued.
The current stock price of €57.11 is trading 1.7% above its estimated GF Value™ of €56.16.
GuruFocus considers Akzo Nobel NV to be Fairly Valued.
Key valuation signals for LTS:0LND:
Return-on-Tangible-Equity: 39.01% (near median its 10-year median of 42.82)
GF Value™: €56.16 vs. price of €57.11 (1.7% above fair value)
Industry Position: 576.1% above the Chemicals median (#38 of 1570)
No single metric tells the full story. See the LTS:0LND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AkzoNobel is the world's third-largest paints and coatings producer, with its largest market being Europe, the Middle East, and Africa, which accounted for roughly 48% of revenue in 2025. The company operates through two segments: decorative paints, which focuses on architectural interior and exterior coatings, and performance coatings, which serves industrial end markets such as automotive refinish, aerospace, and marine and protective applications.
73GF Score
Get the complete analysis for LTS:0LND
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