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Holand og Setskog SparebankOSL:HSPG 53 Return-on-Tangible-Equity is 2.06% as of Mar. 2026, which is 73% below its 10-year median of 7.65. GuruFocus rates OSL:HSPG with a GF Score™ of 53/100 and a GF Value™ of kr139.88 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,518 Banks companies, Holand og Setskog Sparebank ranks worse than 87.81% 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. Holand og Setskog Sparebank's annualized net income for the quarter that ended in Mar. 2026 was kr23.7 Mil. Holand og Setskog Sparebank's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr1,150.5 Mil. Therefore, Holand og Setskog Sparebank's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.06%.
The historical rank and industry rank for Holand og Setskog Sparebank's Return-on-Tangible-Equity or its related term are showing as below:
OSL:HSPG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.85 Med: 7.65 Max: 10.16
Current: 3.85
During the past 13 years, Holand og Setskog Sparebank's highest Return-on-Tangible-Equity was 10.16%. The lowest was 3.85%. And the median was 7.65%.
OSL:HSPG's Return-on-Tangible-Equity is ranked worse than 87.81% of 1518
companies
in the Banks industry
Industry Median: 11.27
vs OSL:HSPG: 3.85
Holand og Setskog Sparebank (OSL:HSPG) 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.
Holand og Setskog Sparebank Return-on-Tangible-Equity Related Terms
Holand og Setskog Sparebank 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.
Holand og Setskog Sparebank Return-on-Tangible-Equity Chart
OSL:HSPG vs PNC, USB: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, Holand og Setskog Sparebank'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.
Holand og Setskog Sparebank Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Holand og Setskog Sparebank's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Holand og Setskog Sparebank'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 2.06% mean?
Holand og Setskog Sparebank (OSL:HSPG) has a Return-on-Tangible-Equity of 2.06% 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 Holand og Setskog Sparebank and its competitors. This is 73% below median its historical median of 7.65. Over the past decade, Holand og Setskog Sparebank's Return-on-Tangible-Equity has ranged from 3.85 to 10.16. According to the industry distribution chart, Holand og Setskog Sparebank ranks #1333 out of 1518 companies in the Banks industry, placing it in the top 87.8%.
Is Holand og Setskog Sparebank's Return-on-Tangible-Equity too high?
Holand og Setskog Sparebank's current Return-on-Tangible-Equity of 2.06% is 73% below median its 10-year median of 7.65. Over the past 10 years, this metric has ranged from a low of 3.85 to a high of 10.16. The Banks industry median Return-on-Tangible-Equity is 11.27. Holand og Setskog Sparebank's value of 2.06% is 81.7% below this industry median. Based on the distribution chart, Holand og Setskog Sparebank ranks #1333 out of 1518 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Holand og Setskog Sparebank has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Holand og Setskog Sparebank's Return-on-Tangible-Equity compare to PNC and USB?
According to the Banks industry distribution chart, Holand og Setskog Sparebank ranks #1333 out of 1518 companies for Return-on-Tangible-Equity. This places Holand og Setskog Sparebank in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.27. Holand og Setskog Sparebank's value of 2.06% is 81.7% below this benchmark. Historically, Holand og Setskog Sparebank's own Return-on-Tangible-Equity has ranged from 3.85 to 10.16 over the past decade. While the company's 10-year median is 7.65 vs. the industry median of 11.27, Holand og Setskog Sparebank 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 a Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.27, based on 1,518 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. Holand og Setskog Sparebank's current Return-on-Tangible-Equity of 2.06% is 81.7% 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 Holand og Setskog Sparebank and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Holand og Setskog Sparebank's current Return-on-Tangible-Equity is 2.06%, which is 73% below median its own 10-year median of 7.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Holand og Setskog Sparebank stock overvalued right now?
Based on GuruFocus' analysis, Holand og Setskog Sparebank (OSL:HSPG) is currently considered Fairly Valued. The stock's GF Value™ is kr139.88, compared to a current price of kr145.30 — trading 3.9% above its estimated fair value. The current Return-on-Tangible-Equity is 2.06%, which is 73% below median its 10-year median of 7.65 and 81.7% below the Banks industry median of 11.27. Holand og Setskog Sparebank's overall GF Score™ is 53/100 with 4 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 Holand og Setskog Sparebank (OSL:HSPG), the current Return-on-Tangible-Equity is 2.06% 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 Holand og Setskog Sparebank (OSL:HSPG) Overvalued in 2026?
Based on GuruFocus' analysis, Holand og Setskog Sparebank stock appears to be overvalued.
The current stock price of kr145.30 is trading 3.9% above its estimated GF Value™ of kr139.88.
GuruFocus considers Holand og Setskog Sparebank to be Fairly Valued.
Key valuation signals for OSL:HSPG:
Return-on-Tangible-Equity: 2.06% (73% below median its 10-year median of 7.65)
GF Value™: kr139.88 vs. price of kr145.30 (3.9% above fair value)
Industry Position: 81.7% below the Banks median (#1333 of 1518)
No single metric tells the full story. See the OSL:HSPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Holand og Setskog Sparebank operates as a savings bank. It offers a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.
53GF Score
Get the complete analysis for OSL:HSPG
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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