Treasure ASALTS:0RIV 19 Return-on-Tangible-Equity is 17.67% as of Jun. 2025, which is 99% above its 10-year median of 8.89. GuruFocus rates LTS:0RIV with a GF Score™ of 19/100. The stock has 5 warning signs investors should review.
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. Treasure ASA's annualized net income for the quarter that ended in Jun. 2025 was kr1,365 Mil. Treasure ASA's average shareholder tangible equity for the quarter that ended in Jun. 2025 was kr7,722 Mil. Therefore, Treasure ASA's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2025 was 17.67%.
The historical rank and industry rank for Treasure ASA's Return-on-Tangible-Equity or its related term are showing as below:
LTS:0RIV'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -20.46 Med: 8.89 Max: 30.96
Current: 15.04
During the past 9 years, Treasure ASA's highest Return-on-Tangible-Equity was 30.96%. The lowest was -20.46%. And the median was 8.89%.
LTS:0RIV's Return-on-Tangible-Equity is not ranked
in the Asset Management industry.
Industry Median: 7.21
vs LTS:0RIV: 15.04
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.
Treasure ASA Return-on-Tangible-Equity Related Terms
Treasure ASA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Treasure 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:0RIV vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Treasure 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.
Treasure ASA Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Treasure ASA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Treasure 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 two times the semi-annual (Jun. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 17.67% mean?
Treasure ASA (LTS:0RIV) has a Return-on-Tangible-Equity of 17.67% as of Jun. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Treasure ASA and its competitors. This is 99% above median its historical median of 8.89.
Is Treasure ASA's Return-on-Tangible-Equity too high?
Treasure ASA's current Return-on-Tangible-Equity of 17.67% is 99% above median its 10-year median of 8.89. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Treasure ASA's value of 17.67% is 145.1% above this industry median. Overall, Treasure ASA has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Treasure ASA's Return-on-Tangible-Equity compare to BLK and BX?
Treasure ASA's Return-on-Tangible-Equity of 17.67% can be compared against companies in the Asset Management industry. The industry median Return-on-Tangible-Equity is 7.21. Treasure ASA's value of 17.67% is 145.1% above this benchmark. While the company's 10-year median is 8.89 vs. the industry median of 7.21, Treasure 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 Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,591 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. Treasure ASA's current Return-on-Tangible-Equity of 17.67% is 145.1% 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 Treasure ASA and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Treasure ASA's current Return-on-Tangible-Equity is 17.67%, which is 99% above median its own 10-year median of 8.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Treasure ASA stock overvalued right now?
Treasure ASA (LTS:0RIV) has a current Return-on-Tangible-Equity of 17.67%. The current Return-on-Tangible-Equity is 17.67%, which is 99% above median its 10-year median of 8.89 and 145.1% above the Asset Management industry median of 7.21. Treasure ASA's overall GF Score™ is 19/100 with 5 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 Treasure ASA (LTS:0RIV), the current Return-on-Tangible-Equity is 17.67% as of Jun. 2025. 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.
Treasure ASA operates in the maritime and offshore logistics sectors. The group operates through three main segments: Maritime Services, New Energy, and Strategic Holdings and Investments. The main activities of the Maritime Services segment are the provision of products and services for the merchant fleet. This includes offerings such as marine chemicals, gases, ropes, welding, speciality lubricants, cleaning equipment, refrigeration equipment, and various maritime solutions. The main activities of the New Energy segment are the operation of supply bases for the offshore industry, and investments in infrastructure, logistics, offshore wind, remote solutions, and digital innovation. It generates majority of revenue from the Maritime Services segment.
19GF Score
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