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. Sjova-Almennar tryggingar hf's annualized net income for the quarter that ended in Mar. 2026 was kr953 Mil. Sjova-Almennar tryggingar hf's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr23,353 Mil. Therefore, Sjova-Almennar tryggingar hf's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.08%.
The historical rank and industry rank for Sjova-Almennar tryggingar hf's Return-on-Tangible-Equity or its related term are showing as below:
OISE:SJOVA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.57 Med: 16.96 Max: 42.33
Current: 12.82
During the past 13 years, Sjova-Almennar tryggingar hf's highest Return-on-Tangible-Equity was 42.33%. The lowest was 4.57%. And the median was 16.96%.
OISE:SJOVA's Return-on-Tangible-Equity is ranked worse than 53.01% of 498
companies
in the Insurance industry
Industry Median: 13.515
vs OISE:SJOVA: 12.82
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.
Sjova-Almennar tryggingar hf Return-on-Tangible-Equity Related Terms
Sjova-Almennar tryggingar hf 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.
OISE:SJOVA vs CB, PGR, TRV: Return-on-Tangible-Equity Comparison
For the Insurance - Property & Casualty subindustry, Sjova-Almennar tryggingar hf'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.
Sjova-Almennar tryggingar hf Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, Sjova-Almennar tryggingar hf's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sjova-Almennar tryggingar hf'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 4.08% mean?
Sjova-Almennar tryggingar hf (OISE:SJOVA) has a Return-on-Tangible-Equity of 4.08% 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 Sjova-Almennar tryggingar hf and its competitors. This is 76% below median its historical median of 16.96. Over the past decade, Sjova-Almennar tryggingar hf's Return-on-Tangible-Equity has ranged from 4.57 to 42.33. According to the industry distribution chart, Sjova-Almennar tryggingar hf ranks #264 out of 498 companies in the Insurance industry, placing it in the top 53%.
Is Sjova-Almennar tryggingar hf's Return-on-Tangible-Equity too high?
Sjova-Almennar tryggingar hf's current Return-on-Tangible-Equity of 4.08% is 76% below median its 10-year median of 16.96. Over the past 10 years, this metric has ranged from a low of 4.57 to a high of 42.33. The Insurance industry median Return-on-Tangible-Equity is 13.52. Sjova-Almennar tryggingar hf's value of 4.08% is 69.8% below this industry median. Based on the distribution chart, Sjova-Almennar tryggingar hf ranks #264 out of 498 companies in the Insurance industry, which is below the industry midpoint. Overall, Sjova-Almennar tryggingar hf has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sjova-Almennar tryggingar hf's Return-on-Tangible-Equity compare to CB and PGR?
According to the Insurance industry distribution chart, Sjova-Almennar tryggingar hf ranks #264 out of 498 companies for Return-on-Tangible-Equity. This places Sjova-Almennar tryggingar hf in the lower half of its industry. The industry median Return-on-Tangible-Equity is 13.52. Sjova-Almennar tryggingar hf's value of 4.08% is 69.8% below this benchmark. Historically, Sjova-Almennar tryggingar hf's own Return-on-Tangible-Equity has ranged from 4.57 to 42.33 over the past decade. While the company's 10-year median is 16.96 vs. the industry median of 13.52, Sjova-Almennar tryggingar hf has consistently been below 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 Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.52, based on 498 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. Sjova-Almennar tryggingar hf's current Return-on-Tangible-Equity of 4.08% is 69.8% below 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 Sjova-Almennar tryggingar hf and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sjova-Almennar tryggingar hf's current Return-on-Tangible-Equity is 4.08%, which is 76% below median its own 10-year median of 16.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sjova-Almennar tryggingar hf stock overvalued right now?
Based on GuruFocus' analysis, Sjova-Almennar tryggingar hf (OISE:SJOVA) is currently considered Fairly Valued. The stock's GF Value™ is kr39.61, compared to a current price of kr40.80 — trading 3% above its estimated fair value. The current Return-on-Tangible-Equity is 4.08%, which is 76% below median its 10-year median of 16.96 and 69.8% below the Insurance industry median of 13.52. Sjova-Almennar tryggingar hf's overall GF Score™ is 80/100 with 3 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 Sjova-Almennar tryggingar hf (OISE:SJOVA), the current Return-on-Tangible-Equity is 4.08% 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 Sjova-Almennar tryggingar hf (OISE:SJOVA) Overvalued in 2026?
Based on GuruFocus' analysis, Sjova-Almennar tryggingar hf stock appears to be overvalued.
The current stock price of kr40.80 is trading 3% above its estimated GF Value™ of kr39.61.
GuruFocus considers Sjova-Almennar tryggingar hf to be Fairly Valued.
Key valuation signals for OISE:SJOVA:
Return-on-Tangible-Equity: 4.08% (76% below median its 10-year median of 16.96)
GF Value™: kr39.61 vs. price of kr40.80 (3% above fair value)
Industry Position: 69.8% below the Insurance median (#264 of 498)
No single metric tells the full story. See the OISE:SJOVA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sjova-Almennar tryggingar hf is an insurance company. It offers motor vehicle insurance, family and home insurance, life and critical illness insurance, medical cost insurance, life & health insurance in iceland. It also provides fire insurance, commercial property insurance, vessel crew insurance, transport cargo insurance, life- and critical illness insurance, and medical cost insurance.
80GF Score
Get the complete analysis for OISE:SJOVA
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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