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. North Media AS's annualized net income for the quarter that ended in Mar. 2026 was kr-125 Mil. North Media AS's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr1,045 Mil. Therefore, North Media AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -11.95%.
The historical rank and industry rank for North Media AS's Return-on-Tangible-Equity or its related term are showing as below:
OCSE:NORTHM'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -15.56 Med: 9.48 Max: 42.55
Current: 15.13
During the past 13 years, North Media AS's highest Return-on-Tangible-Equity was 42.55%. The lowest was -15.56%. And the median was 9.48%.
OCSE:NORTHM's Return-on-Tangible-Equity is ranked better than 70.31% of 859
companies
in the Media - Diversified industry
Industry Median: 5.42
vs OCSE:NORTHM: 15.13
North Media AS (OCSE:NORTHM) 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.
North Media AS Return-on-Tangible-Equity Related Terms
North Media AS Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for North Media AS'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.
OCSE:NORTHM vs NYT, WLY: Return-on-Tangible-Equity Comparison
For the Publishing subindustry, North Media 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.
North Media AS Return-on-Tangible-Equity vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, North Media AS's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where North Media 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 -11.95% mean?
North Media AS (OCSE:NORTHM) has a Return-on-Tangible-Equity of -11.95% 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 North Media AS and its competitors. According to the industry distribution chart, North Media AS ranks #255 out of 859 companies in the Media - Diversified industry, placing it in the top 29.7%.
Is North Media AS's Return-on-Tangible-Equity too high?
North Media AS's current Return-on-Tangible-Equity is -11.95%. Based on the distribution chart, North Media AS ranks #255 out of 859 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, North Media AS has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does North Media AS's Return-on-Tangible-Equity compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, North Media AS ranks #255 out of 859 companies for Return-on-Tangible-Equity. This puts North Media AS in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.42. 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 Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.42, based on 859 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 North Media AS and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North Media AS's current Return-on-Tangible-Equity is -11.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Media AS stock overvalued right now?
Based on GuruFocus' analysis, North Media AS (OCSE:NORTHM) is currently considered Modestly Undervalued. The stock's GF Value™ is kr55.16, compared to a current price of kr45.10 — trading 18.2% below its estimated fair value. The current Return-on-Tangible-Equity is -11.95%. North Media AS's overall GF Score™ is 82/100 with 6 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 North Media AS (OCSE:NORTHM), the current Return-on-Tangible-Equity is -11.95% 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 North Media AS (OCSE:NORTHM) Overvalued in 2026?
Based on GuruFocus' analysis, North Media AS stock appears to be undervalued.
The current stock price of kr45.10 is trading 18.2% below its estimated GF Value™ of kr55.16.
GuruFocus considers North Media AS to be Modestly Undervalued.
Key valuation signals for OCSE:NORTHM:
Return-on-Tangible-Equity: -11.95%
GF Value™: kr55.16 vs. price of kr45.10 (18.2% below fair value)
No single metric tells the full story. See the OCSE:NORTHM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
North Media AS develops and operates platforms for transactions. These platforms help consumers find the right products, whether looking for groceries, rental housing or digital access management solutions. The company has two core business areas: Last Mile: FK Distribution and SDR Svensk Direktreklam Svensk Direktreklam are the distributors of leaflets and local newspapers in Denmark and Sweden, respectively. Digital Services includes three businesses: BoligPortal is Denmark's home rentals platform, offering services to both landlords and tenants. (Dayli) MineTilbudis a digital offer platform. Bekey provides digital access solutions for secured stairwells and private homes for the use of home care services and companies delivering parcels, groceries, meal services.
82GF Score
Get the complete analysis for OCSE:NORTHM
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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