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Brodrene A & O Johansen ASLTS:0RNT 71 Return-on-Tangible-Equity is 25.77% as of Mar. 2026, which is 30% below its 10-year median of 36.81. GuruFocus rates LTS:0RNT with a GF Score™ of 71/100 and a GF Value™ of kr97.80 (Fairly Valued). The stock has 4 warning signs investors should review. Among 155 Industrial Distribution companies, Brodrene A & O Johansen AS ranks better than 80.65% 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. Brodrene A & O Johansen AS's annualized net income for the quarter that ended in Mar. 2026 was kr171 Mil. Brodrene A & O Johansen AS's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr663 Mil. Therefore, Brodrene A & O Johansen AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 25.77%.
The historical rank and industry rank for Brodrene A & O Johansen AS's Return-on-Tangible-Equity or its related term are showing as below:
LTS:0RNT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 22.58 Med: 36.81 Max: 52.36
Current: 32.38
During the past 13 years, Brodrene A & O Johansen AS's highest Return-on-Tangible-Equity was 52.36%. The lowest was 22.58%. And the median was 36.81%.
LTS:0RNT's Return-on-Tangible-Equity is ranked better than 80.65% of 155
companies
in the Industrial Distribution industry
Industry Median: 8.96
vs LTS:0RNT: 32.38
Brodrene A & O Johansen AS (LTS:0RNT) 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.
Brodrene A & O Johansen AS Return-on-Tangible-Equity Related Terms
Brodrene A & O Johansen AS Return-on-Tangible-Equity Historical Data
* 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.
Brodrene A & O Johansen AS Return-on-Tangible-Equity Chart
LTS:0RNT vs GWW, FAST, FERG: Return-on-Tangible-Equity Comparison
For the Industrial Distribution subindustry, Brodrene A & O Johansen AS'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.
Brodrene A & O Johansen AS Return-on-Tangible-Equity vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Brodrene A & O Johansen AS's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Brodrene A & O Johansen AS'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 25.77% mean?
Brodrene A & O Johansen AS (LTS:0RNT) has a Return-on-Tangible-Equity of 25.77% 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 Brodrene A & O Johansen AS and its competitors. This is 30% below median its historical median of 36.81. Over the past decade, Brodrene A & O Johansen AS's Return-on-Tangible-Equity has ranged from 22.58 to 52.36. According to the industry distribution chart, Brodrene A & O Johansen AS ranks #30 out of 155 companies in the Industrial Distribution industry, placing it in the top 19.4%.
Is Brodrene A & O Johansen AS's Return-on-Tangible-Equity too high?
Brodrene A & O Johansen AS's current Return-on-Tangible-Equity of 25.77% is 30% below median its 10-year median of 36.81. Over the past 10 years, this metric has ranged from a low of 22.58 to a high of 52.36. The Industrial Distribution industry median Return-on-Tangible-Equity is 8.96. Brodrene A & O Johansen AS's value of 25.77% is 187.6% above this industry median. Based on the distribution chart, Brodrene A & O Johansen AS ranks #30 out of 155 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Brodrene A & O Johansen AS has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Brodrene A & O Johansen AS's Return-on-Tangible-Equity compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Brodrene A & O Johansen AS ranks #30 out of 155 companies for Return-on-Tangible-Equity. This places Brodrene A & O Johansen AS in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.96. Brodrene A & O Johansen AS's value of 25.77% is 187.6% above this benchmark. Historically, Brodrene A & O Johansen AS's own Return-on-Tangible-Equity has ranged from 22.58 to 52.36 over the past decade. While the company's 10-year median is 36.81 vs. the industry median of 8.96, Brodrene A & O Johansen AS 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 Industrial Distribution company?
The median Return-on-Tangible-Equity among Industrial Distribution companies is 8.96, based on 155 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. Brodrene A & O Johansen AS's current Return-on-Tangible-Equity of 25.77% is 187.6% 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 Brodrene A & O Johansen AS and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Equity is 8.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brodrene A & O Johansen AS's current Return-on-Tangible-Equity is 25.77%, which is 30% below median its own 10-year median of 36.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brodrene A & O Johansen AS stock overvalued right now?
Based on GuruFocus' analysis, Brodrene A & O Johansen AS (LTS:0RNT) is currently considered Fairly Valued. The stock's GF Value™ is kr97.80, compared to a current price of kr89.50 — trading 8.5% below its estimated fair value. The current Return-on-Tangible-Equity is 25.77%, which is 30% below median its 10-year median of 36.81 and 187.6% above the Industrial Distribution industry median of 8.96. Brodrene A & O Johansen AS's overall GF Score™ is 71/100 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 Brodrene A & O Johansen AS (LTS:0RNT), the current Return-on-Tangible-Equity is 25.77% 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 Brodrene A & O Johansen AS (LTS:0RNT) Overvalued in 2026?
Based on GuruFocus' analysis, Brodrene A & O Johansen AS stock appears to be undervalued.
The current stock price of kr89.50 is trading 8.5% below its estimated GF Value™ of kr97.80.
GuruFocus considers Brodrene A & O Johansen AS to be Fairly Valued.
Key valuation signals for LTS:0RNT:
Return-on-Tangible-Equity: 25.77% (30% below median its 10-year median of 36.81)
GF Value™: kr97.80 vs. price of kr89.50 (8.5% below fair value)
Industry Position: 187.6% above the Industrial Distribution median (#30 of 155)
No single metric tells the full story. See the LTS:0RNT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Brodrene A & O Johansen AS is a wholesaler that serves professional and private customers through an omni-channel business model combining digital solutions with a physical presence. The company offers a broad range of technical installation materials and related products, including workwear, tools and brackets, water supply, drainage and sewage, energy, electrical products and HVAC solutions, supported by services such as digital solutions, project advice and logistics. It operates through two segments: B2B, which earns the majority of revenue and serves professional tradesmen and construction companies, and B2C, which serves private DIY consumers through webshops and showrooms. The Group operates mainly in Denmark.
71GF Score
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