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Norconsult ASAOSL:NORCO 62 Return-on-Tangible-Equity is 3,765.85% as of Mar. 2026, which is 8027% above its 10-year median of 46.34. GuruFocus rates OSL:NORCO with a GF Score™ of 62/100 and a GF Value™ of kr43.21 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,710 Construction companies, Norconsult ASA ranks better than 92.46% 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. Norconsult ASA's annualized net income for the quarter that ended in Mar. 2026 was kr772 Mil. Norconsult ASA's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr21 Mil. Therefore, Norconsult ASA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 3,765.85%.
The historical rank and industry rank for Norconsult ASA's Return-on-Tangible-Equity or its related term are showing as below:
OSL:NORCO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 35.83 Med: 46.34 Max: 258.77
Current: 93.74
During the past 7 years, Norconsult ASA's highest Return-on-Tangible-Equity was 258.77%. The lowest was 35.83%. And the median was 46.34%.
OSL:NORCO's Return-on-Tangible-Equity is ranked better than 92.46% of 1710
companies
in the Construction industry
Industry Median: 8.145
vs OSL:NORCO: 93.74
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.
Norconsult ASA Return-on-Tangible-Equity Related Terms
Norconsult ASA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Norconsult ASA'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.
OSL:NORCO vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Norconsult ASA'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.
Norconsult ASA Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Norconsult ASA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Norconsult ASA'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 3,765.85% mean?
Norconsult ASA (OSL:NORCO) has a Return-on-Tangible-Equity of 3,765.85% 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 Norconsult ASA and its competitors. This is 8027% above median its historical median of 46.34. Over the past decade, Norconsult ASA's Return-on-Tangible-Equity has ranged from 35.83 to 258.77. According to the industry distribution chart, Norconsult ASA ranks #129 out of 1710 companies in the Construction industry, placing it in the top 7.5%.
Is Norconsult ASA's Return-on-Tangible-Equity too high?
Norconsult ASA's current Return-on-Tangible-Equity of 3,765.85% is 8027% above median its 10-year median of 46.34. Over the past 10 years, this metric has ranged from a low of 35.83 to a high of 258.77. The Construction industry median Return-on-Tangible-Equity is 8.15. Norconsult ASA's value of 3,765.85% is 46135.1% above this industry median. Based on the distribution chart, Norconsult ASA ranks #129 out of 1710 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Norconsult ASA has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Norconsult ASA's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Norconsult ASA ranks #129 out of 1710 companies for Return-on-Tangible-Equity. This places Norconsult ASA in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.15. Norconsult ASA's value of 3,765.85% is 46135.1% above this benchmark. Historically, Norconsult ASA's own Return-on-Tangible-Equity has ranged from 35.83 to 258.77 over the past decade. While the company's 10-year median is 46.34 vs. the industry median of 8.15, Norconsult ASA has consistently been above 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.15, based on 1,710 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. Norconsult ASA's current Return-on-Tangible-Equity of 3,765.85% is 46135.1% above 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 Norconsult ASA and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norconsult ASA's current Return-on-Tangible-Equity is 3,765.85%, which is 8027% above median its own 10-year median of 46.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norconsult ASA stock overvalued right now?
Based on GuruFocus' analysis, Norconsult ASA (OSL:NORCO) is currently considered Modestly Undervalued. The stock's GF Value™ is kr43.21, compared to a current price of kr38.85 — trading 10.1% below its estimated fair value. The current Return-on-Tangible-Equity is 3,765.85%, which is 8027% above median its 10-year median of 46.34 and 46135.1% above the Construction industry median of 8.15. Norconsult ASA's overall GF Score™ is 62/100 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 Norconsult ASA (OSL:NORCO), the current Return-on-Tangible-Equity is 3,765.85% 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 Norconsult ASA (OSL:NORCO) Overvalued in 2026?
Based on GuruFocus' analysis, Norconsult ASA stock appears to be undervalued.
The current stock price of kr38.85 is trading 10.1% below its estimated GF Value™ of kr43.21.
GuruFocus considers Norconsult ASA to be Modestly Undervalued.
Key valuation signals for OSL:NORCO:
Return-on-Tangible-Equity: 3,765.85% (8027% above median its 10-year median of 46.34)
GF Value™: kr43.21 vs. price of kr38.85 (10.1% below fair value)
Industry Position: 46135.1% above the Construction median (#129 of 1710)
No single metric tells the full story. See the OSL:NORCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norconsult ASA is principally engaged in the provision of planning and consultancy services for all phases of social planning, engineering design, and architecture projects. The Group also develops and distributes complete IT solutions for project, building, and facility management for infrastructure and property and follow up on clients all the way from the development of ideas and concepts, through planning and engineering design to operation and monitoring. Geographically , the company operates in Norway, Sweden, Denmark, Iceland, Poland and Finland regions.
62GF Score
Get the complete analysis for OSL:NORCO
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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