CodeLab Capital ASOSL:CODE 47 Return-on-Tangible-Equity is -291.24% as of Dec. 2025. GuruFocus rates OSL:CODE with a GF Score™ of 47/100 and a GF Value™ of kr2.29 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 582 Healthcare Providers & Services companies, CodeLab Capital AS ranks worse than 93.99% 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. CodeLab Capital AS's annualized net income for the quarter that ended in Dec. 2025 was kr-19.11 Mil. CodeLab Capital AS's average shareholder tangible equity for the quarter that ended in Dec. 2025 was kr6.56 Mil. Therefore, CodeLab Capital AS's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -291.24%.
The historical rank and industry rank for CodeLab Capital AS's Return-on-Tangible-Equity or its related term are showing as below:
OSL:CODE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -437.21 Med: -387.41 Max: -153.67
Current: -153.67
During the past 8 years, CodeLab Capital AS's highest Return-on-Tangible-Equity was -153.67%. The lowest was -437.21%. And the median was -387.41%.
OSL:CODE's Return-on-Tangible-Equity is ranked worse than 93.99% of 582
companies
in the Healthcare Providers & Services industry
Industry Median: 9.965
vs OSL:CODE: -153.67
CodeLab Capital AS (OSL:CODE) 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.
CodeLab Capital AS Return-on-Tangible-Equity Related Terms
CodeLab Capital AS Return-on-Tangible-Equity Historical Data
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The historical data trend for CodeLab Capital 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.
CodeLab Capital AS Return-on-Tangible-Equity Chart
OSL:CODE vs VEEV, BTSG, TEM: Return-on-Tangible-Equity Comparison
For the Health Information Services subindustry, CodeLab Capital 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.
CodeLab Capital AS Return-on-Tangible-Equity vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, CodeLab Capital AS's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CodeLab Capital 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 two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -291.24% mean?
CodeLab Capital AS (OSL:CODE) has a Return-on-Tangible-Equity of -291.24% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on CodeLab Capital AS and its competitors. According to the industry distribution chart, CodeLab Capital AS ranks #547 out of 582 companies in the Healthcare Providers & Services industry, placing it in the top 94%.
Is CodeLab Capital AS's Return-on-Tangible-Equity too high?
CodeLab Capital AS's current Return-on-Tangible-Equity is -291.24%. Based on the distribution chart, CodeLab Capital AS ranks #547 out of 582 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, CodeLab Capital AS has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CodeLab Capital AS's Return-on-Tangible-Equity compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, CodeLab Capital AS ranks #547 out of 582 companies for Return-on-Tangible-Equity. This places CodeLab Capital AS in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.97. 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 Healthcare Providers & Services company?
The median Return-on-Tangible-Equity among Healthcare Providers & Services companies is 9.97, based on 582 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 CodeLab Capital AS and its competitors. For the Healthcare Providers & Services industry, the median Return-on-Tangible-Equity is 9.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CodeLab Capital AS's current Return-on-Tangible-Equity is -291.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CodeLab Capital AS stock overvalued right now?
Based on GuruFocus' analysis, CodeLab Capital AS (OSL:CODE) is currently considered Significantly Overvalued. The stock's GF Value™ is kr2.29, compared to a current price of kr3.62 — trading 58.1% above its estimated fair value. The current Return-on-Tangible-Equity is -291.24%. CodeLab Capital AS's overall GF Score™ is 47/100 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 CodeLab Capital AS (OSL:CODE), the current Return-on-Tangible-Equity is -291.24% as of Dec. 2025. 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 CodeLab Capital AS (OSL:CODE) Overvalued in 2026?
Based on GuruFocus' analysis, CodeLab Capital AS stock appears to be overvalued.
The current stock price of kr3.62 is trading 58.1% above its estimated GF Value™ of kr2.29.
GuruFocus considers CodeLab Capital AS to be Significantly Overvalued.
Key valuation signals for OSL:CODE:
Return-on-Tangible-Equity: -291.24%
GF Value™: kr2.29 vs. price of kr3.62 (58.1% above fair value)
No single metric tells the full story. See the OSL:CODE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CodeLab Capital AS builds and invests in next-generation technology. Its primary objective is to invest in other companies and contribute with capital, network, and operations. CodeLab Capital AS is a holding company that, through its subsidiary, is engaged in making software development tools for the broader B2B market.
47GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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