GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Tomra Systems ASA (OSL:TOM) » Definitions » Return-on-Tangible-Equity

Tomra Systems ASA (OSL:TOM) Return-on-Tangible-Equity : 25.17% (As of Mar. 2025)


View and export this data going back to 1985. Start your Free Trial

What is Tomra Systems ASA Return-on-Tangible-Equity?

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. Tomra Systems ASA's annualized net income for the quarter that ended in Mar. 2025 was kr462 Mil. Tomra Systems ASA's average shareholder tangible equity for the quarter that ended in Mar. 2025 was kr1,835 Mil. Therefore, Tomra Systems ASA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 25.17%.

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

OSL:TOM' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 26.06   Med: 47.86   Max: 58.42
Current: 53.94

During the past 13 years, Tomra Systems ASA's highest Return-on-Tangible-Equity was 58.42%. The lowest was 26.06%. And the median was 47.86%.

OSL:TOM's Return-on-Tangible-Equity is ranked better than
84.05% of 232 companies
in the Waste Management industry
Industry Median: 7.24 vs OSL:TOM: 53.94

Tomra Systems ASA Return-on-Tangible-Equity Historical Data

The historical data trend for Tomra Systems 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.

* Premium members only.

Tomra Systems ASA Return-on-Tangible-Equity Chart

Tomra Systems ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.96 51.06 40.43 26.06 48.45

Tomra Systems ASA Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.72 42.21 39.43 107.60 25.17

Competitive Comparison of Tomra Systems ASA's Return-on-Tangible-Equity

For the Waste Management subindustry, Tomra Systems 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.


Tomra Systems ASA's Return-on-Tangible-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Tomra Systems ASA's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Tomra Systems ASA's Return-on-Tangible-Equity falls into.


;
;

Tomra Systems ASA Return-on-Tangible-Equity Calculation

Tomra Systems ASA's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=1102.067/( (2668.987+1879.858 )/ 2 )
=1102.067/2274.4225
=48.45 %

Tomra Systems ASA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=461.76/( (1879.858+1789.32)/ 2 )
=461.76/1834.589
=25.17 %

* 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. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Tomra Systems ASA  (OSL:TOM) 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.


Tomra Systems ASA Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Tomra Systems ASA's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Tomra Systems ASA Business Description

Address
Drengsrudhagen 2, Asker, NOR, 1385
Tomra Systems ASA provides sorting and recycling solutions to equip customers for handling waste. The company creates and delivers sensor-based solutions that contribute to optimal resource productivity, in packaging, collection, compaction, recycling, ore sorting, and food production. It provides reverse vending machines, sensor-based sorting machines integrated post-harvest solutions, sensors for waste sorting applications, and other related products and solutions. The company's operating segments are; TOMRA Collection which generates key revenue, TOMRA Recycling, TOMRA Horizon, and TOMRA Food. Geographically, the company generates maximum revenue from Europe (excluding Northern Europe), followed by Northern Europe, America, Asia, and Oceania.

Tomra Systems ASA Headlines

No Headlines