BlueYield ABNGM:SHIP -1.18%12 Return-on-Tangible-Equity is 27.25% as of Mar. 2026, which is 1075% above its 10-year median of 2.32. GuruFocus rates NGM:SHIP with a GF Score™ of 12/100. The stock has 2 warning signs investors should review. Among 974 Transportation companies, BlueYield AB ranks better than 65.5% 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. BlueYield AB's annualized net income for the quarter that ended in Mar. 2026 was kr84.45 Mil. BlueYield AB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr309.86 Mil. Therefore, BlueYield AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 27.25%.
The historical rank and industry rank for BlueYield AB's Return-on-Tangible-Equity or its related term are showing as below:
NGM:SHIP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.32 Med: 2.32 Max: 13.29
Current: 13.29
During the past 1 years, BlueYield AB's highest Return-on-Tangible-Equity was 13.29%. The lowest was 2.32%. And the median was 2.32%.
NGM:SHIP's Return-on-Tangible-Equity is ranked better than 65.5% of 974
companies
in the Transportation industry
Industry Median: 8.985
vs NGM:SHIP: 13.29
BlueYield AB (NGM:SHIP) 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.
BlueYield AB Return-on-Tangible-Equity Related Terms
BlueYield AB Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for BlueYield AB'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.
BlueYield AB Return-on-Tangible-Equity Chart
BlueYield AB Annual Data
Trend
Dec25
Return-on-Tangible-Equity
2.32
BlueYield AB Quarterly Data
Jun25
Sep25
Dec25
Mar26
Return-on-Tangible-Equity
0.00
4.05
21.52
27.25
NGM:SHIP vs KEX: Return-on-Tangible-Equity Comparison
For the Marine Shipping subindustry, BlueYield AB'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.
BlueYield AB Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, BlueYield AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where BlueYield AB'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 27.25% mean?
BlueYield AB (NGM:SHIP) has a Return-on-Tangible-Equity of 27.25% 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 BlueYield AB and its competitors. This is 1075% above median its historical median of 2.32. Over the past decade, BlueYield AB's Return-on-Tangible-Equity has ranged from 2.32 to 13.29. According to the industry distribution chart, BlueYield AB ranks #336 out of 974 companies in the Transportation industry, placing it in the top 34.5%.
Is BlueYield AB's Return-on-Tangible-Equity too high?
BlueYield AB's current Return-on-Tangible-Equity of 27.25% is 1075% above median its 10-year median of 2.32. Over the past 10 years, this metric has ranged from a low of 2.32 to a high of 13.29. The Transportation industry median Return-on-Tangible-Equity is 8.99. BlueYield AB's value of 27.25% is 203.3% above this industry median. Based on the distribution chart, BlueYield AB ranks #336 out of 974 companies in the Transportation industry, which is above the industry midpoint. Overall, BlueYield AB has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does BlueYield AB's Return-on-Tangible-Equity compare to KEX?
According to the Transportation industry distribution chart, BlueYield AB ranks #336 out of 974 companies for Return-on-Tangible-Equity. This puts BlueYield AB in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.99. BlueYield AB's value of 27.25% is 203.3% above this benchmark. Historically, BlueYield AB's own Return-on-Tangible-Equity has ranged from 2.32 to 13.29 over the past decade. While the company's 10-year median is 2.32 vs. the industry median of 8.99, BlueYield AB 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.99, based on 974 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. BlueYield AB's current Return-on-Tangible-Equity of 27.25% is 203.3% 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 BlueYield AB and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlueYield AB's current Return-on-Tangible-Equity is 27.25%, which is 1075% above median its own 10-year median of 2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlueYield AB stock overvalued right now?
BlueYield AB (NGM:SHIP) has a current Return-on-Tangible-Equity of 27.25%. The current Return-on-Tangible-Equity is 27.25%, which is 1075% above median its 10-year median of 2.32 and 203.3% above the Transportation industry median of 8.99. BlueYield AB's overall GF Score™ is 12/100 with 2 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 BlueYield AB (NGM:SHIP), the current Return-on-Tangible-Equity is 27.25% 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.
BlueYield AB is an investment company with a focus on acquiring, managing, and strategically divesting maritime assets. The portfolio of vessels is globally diversified, consisting of a wide range of vessels across several segments, and offers an opportunity to access the returns of shipping. It holds minority interests across some special purpose vehicles (SPVs). These SPVs collectively own and manage a diversified portfolio of several vessels, spanning various shipping segments including Tanker, Container, Dry Bulk, Multi-Purpose Vessels (MPP), Platform Supply Vessels (PSV), and Subsea/Offshore.
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