Hynion AS (OSL:HYN) Return-on-Tangible-Equity: -87.87% (As of Jun. 2024)


What is Hynion AS Return-on-Tangible-Equity?

Hynion AS OSL:HYN Return-on-Tangible-Equity is -87.87% as of Jun. 2024.

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. Hynion AS's annualized net income for the quarter that ended in Jun. 2024 was kr-18.52 Mil. Hynion AS's average shareholder tangible equity for the quarter that ended in Jun. 2024 was kr21.07 Mil. Therefore, Hynion AS's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 was -87.87%.

The historical rank and industry rank for Hynion AS's Return-on-Tangible-Equity or its related term are showing as below:

OSL:HYN's Return-on-Tangible-Equity is not ranked *
in the Retail - Cyclical industry.
Industry Median: 8.28
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Hynion AS  (OSL:HYN) 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.


Hynion AS Return-on-Tangible-Equity Related Terms


Hynion AS Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Hynion 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.

Hynion AS Return-on-Tangible-Equity Chart

Hynion AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
-306.31 -152.15 -53.28 -52.30 -79.24

Hynion AS Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only -65.56 -55.55 -75.52 -87.27 -87.87

OSL:HYN vs TSCO, WSM, ULTA: Return-on-Tangible-Equity Comparison

For the Specialty Retail subindustry, Hynion 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.


Hynion AS Return-on-Tangible-Equity vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hynion AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Hynion AS's Return-on-Tangible-Equity falls into.



Hynion AS Return-on-Tangible-Equity Calculation

Hynion AS's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-32.22/( (55.534+25.786 )/ 2 )
=-32.22/40.66
=-79.24 %

Hynion AS's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=-18.516/( (25.786+16.36)/ 2 )
=-18.516/21.073
=-87.87 %

* 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 (Jun. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -87.87% mean?
Hynion AS (OSL:HYN) has a Return-on-Tangible-Equity of -87.87% as of Jun. 2024. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hynion AS and its competitors.
Is Hynion AS's Return-on-Tangible-Equity too high?
Hynion AS's current Return-on-Tangible-Equity is -87.87%.
How does Hynion AS's Return-on-Tangible-Equity compare to TSCO and WSM?
Hynion AS's Return-on-Tangible-Equity of -87.87% can be compared against companies in the Retail - Cyclical industry. The industry median Return-on-Tangible-Equity is 8.28. 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.28, based on 1,057 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 Hynion AS and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hynion AS's current Return-on-Tangible-Equity is -87.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hynion AS stock overvalued right now?
Hynion AS (OSL:HYN) has a current Return-on-Tangible-Equity of -87.87%. The current Return-on-Tangible-Equity is -87.87%. 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 Hynion AS (OSL:HYN), the current Return-on-Tangible-Equity is -87.87% as of Jun. 2024. 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.

Hynion AS Business Description

Address Sandviksveien 17, P.O. box 526, Hovik, NOR, 1363
Hynion AS is a hydrogen fuel company whose main business is to sell hydrogen fuel through hydrogen stations owned by the company. The company designs, builds, owns, and operates hydrogen fuel stations. The company has four hydrogen stations, one in Norway and three in Sweden.