Skagi hfOISE:VIS -1.08%68 Return-on-Tangible-Equity is -7.16% as of Mar. 2026. GuruFocus rates OISE:VIS with a GF Score™ of 68/100 and a GF Value™ of kr22.01 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 498 Insurance companies, Skagi hf ranks better than 59.84% 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. Skagi hf's annualized net income for the quarter that ended in Mar. 2026 was kr-1,343 Mil. Skagi hf's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr18,762 Mil. Therefore, Skagi hf's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -7.16%.
The historical rank and industry rank for Skagi hf's Return-on-Tangible-Equity or its related term are showing as below:
OISE:VIS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.39 Med: 11.68 Max: 44.79
Current: 16.57
During the past 13 years, Skagi hf's highest Return-on-Tangible-Equity was 44.79%. The lowest was 5.39%. And the median was 11.68%.
OISE:VIS's Return-on-Tangible-Equity is ranked better than 59.84% of 498
companies
in the Insurance industry
Industry Median: 13.515
vs OISE:VIS: 16.57
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.
Skagi hf Return-on-Tangible-Equity Related Terms
Skagi hf Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Skagi hf'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.
OISE:VIS vs BRK.A, AIG, HIG: Return-on-Tangible-Equity Comparison
For the Insurance - Diversified subindustry, Skagi 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.
Skagi hf Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, Skagi hf's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Skagi 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 -7.16% mean?
Skagi hf (OISE:VIS) has a Return-on-Tangible-Equity of -7.16% 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 Skagi hf and its competitors. Over the past decade, Skagi hf's Return-on-Tangible-Equity has ranged from 5.39 to 44.79. According to the industry distribution chart, Skagi hf ranks #200 out of 498 companies in the Insurance industry, placing it in the top 40.2%.
Is Skagi hf's Return-on-Tangible-Equity too high?
Skagi hf's current Return-on-Tangible-Equity is -7.16%. Over the past 10 years, this metric has ranged from a low of 5.39 to a high of 44.79. Based on the distribution chart, Skagi hf ranks #200 out of 498 companies in the Insurance industry, which is above the industry midpoint. Overall, Skagi hf has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Skagi hf's Return-on-Tangible-Equity compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Skagi hf ranks #200 out of 498 companies for Return-on-Tangible-Equity. This puts Skagi hf in the upper half of its industry. The industry median Return-on-Tangible-Equity is 13.52. Historically, Skagi hf's own Return-on-Tangible-Equity has ranged from 5.39 to 44.79 over the past decade. 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. 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 Skagi 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. Skagi hf's current Return-on-Tangible-Equity is -7.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skagi hf stock overvalued right now?
Based on GuruFocus' analysis, Skagi hf (OISE:VIS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr22.01, compared to a current price of kr18.30 — trading 16.9% below its estimated fair value. The current Return-on-Tangible-Equity is -7.16%. Skagi hf's overall GF Score™ is 68/100 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 Skagi hf (OISE:VIS), the current Return-on-Tangible-Equity is -7.16% 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 Skagi hf (OISE:VIS) Overvalued in 2026?
Based on GuruFocus' analysis, Skagi hf stock appears to be undervalued.
The current stock price of kr18.30 is trading 16.9% below its estimated GF Value™ of kr22.01.
GuruFocus considers Skagi hf to be Modestly Undervalued.
Key valuation signals for OISE:VIS:
Return-on-Tangible-Equity: -7.16%
GF Value™: kr22.01 vs. price of kr18.30 (16.9% below fair value)
No single metric tells the full story. See the OISE:VIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Skagi hf is engaged in financial services sector. The Group operates through three operating segments: Insurance Operations, Insurance Investments, and Financial Services. Insurance Operations comprises the core insurance activities, including the underwriting of life, health, and general insurance products. Insurance Investments includes the management of assets backing insurance liabilities as well as proprietary investment activities. The Financial Services segment comprises activities such as asset management, loans to customers, and other noninsurance financial products. Key revenue is generated from Insurance operations.
68GF Score
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