Webstep ASAOSL:WSTEP -0.37%59 Return-on-Tangible-Equity is 191.95% as of Mar. 2026, which is 24% below its 10-year median of 253.76. GuruFocus rates OSL:WSTEP with a GF Score™ of 59/100 and a GF Value™ of kr22.77 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,469 Software companies, Webstep ASA ranks better than 89.39% 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. Webstep ASA's annualized net income for the quarter that ended in Mar. 2026 was kr45.0 Mil. Webstep ASA's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr23.4 Mil. Therefore, Webstep ASA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 191.95%.
The historical rank and industry rank for Webstep ASA's Return-on-Tangible-Equity or its related term are showing as below:
OSL:WSTEP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 62.02 Med: 253.76 Max: 20680.17
Current: 144.77
During the past 13 years, Webstep ASA's highest Return-on-Tangible-Equity was 20,680.17%. The lowest was 62.02%. And the median was 253.76%.
OSL:WSTEP's Return-on-Tangible-Equity is ranked better than 89.39% of 2469
companies
in the Software industry
Industry Median: 8.62
vs OSL:WSTEP: 144.77
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.
Webstep ASA Return-on-Tangible-Equity Related Terms
Webstep ASA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Webstep 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:WSTEP vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, Webstep 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.
Webstep ASA Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Webstep ASA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Webstep 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 191.95% mean?
Webstep ASA (OSL:WSTEP) has a Return-on-Tangible-Equity of 191.95% 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 Webstep ASA and its competitors. This is 24% below median its historical median of 253.76. Over the past decade, Webstep ASA's Return-on-Tangible-Equity has ranged from 62.02 to 20,680.17. According to the industry distribution chart, Webstep ASA ranks #262 out of 2469 companies in the Software industry, placing it in the top 10.6%.
Is Webstep ASA's Return-on-Tangible-Equity too high?
Webstep ASA's current Return-on-Tangible-Equity of 191.95% is 24% below median its 10-year median of 253.76. Over the past 10 years, this metric has ranged from a low of 62.02 to a high of 20,680.17. The Software industry median Return-on-Tangible-Equity is 8.62. Webstep ASA's value of 191.95% is 2126.8% above this industry median. Based on the distribution chart, Webstep ASA ranks #262 out of 2469 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Webstep ASA has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Webstep ASA's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Webstep ASA ranks #262 out of 2469 companies for Return-on-Tangible-Equity. This places Webstep ASA in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.62. Webstep ASA's value of 191.95% is 2126.8% above this benchmark. Historically, Webstep ASA's own Return-on-Tangible-Equity has ranged from 62.02 to 20,680.17 over the past decade. While the company's 10-year median is 253.76 vs. the industry median of 8.62, Webstep 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.62, based on 2,469 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. Webstep ASA's current Return-on-Tangible-Equity of 191.95% is 2126.8% 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 Webstep ASA and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Webstep ASA's current Return-on-Tangible-Equity is 191.95%, which is 24% below median its own 10-year median of 253.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Webstep ASA stock overvalued right now?
Based on GuruFocus' analysis, Webstep ASA (OSL:WSTEP) is currently considered Significantly Undervalued. The stock's GF Value™ is kr22.77, compared to a current price of kr13.60 — trading 40.3% below its estimated fair value. The current Return-on-Tangible-Equity is 191.95%, which is 24% below median its 10-year median of 253.76 and 2126.8% above the Software industry median of 8.62. Webstep ASA's overall GF Score™ is 59/100 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 Webstep ASA (OSL:WSTEP), the current Return-on-Tangible-Equity is 191.95% 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 Webstep ASA (OSL:WSTEP) Overvalued in 2026?
Based on GuruFocus' analysis, Webstep ASA stock appears to be undervalued.
The current stock price of kr13.60 is trading 40.3% below its estimated GF Value™ of kr22.77.
GuruFocus considers Webstep ASA to be Significantly Undervalued.
Key valuation signals for OSL:WSTEP:
Return-on-Tangible-Equity: 191.95% (24% below median its 10-year median of 253.76)
GF Value™: kr22.77 vs. price of kr13.60 (40.3% below fair value)
Industry Position: 2126.8% above the Software median (#262 of 2469)
No single metric tells the full story. See the OSL:WSTEP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Webstep ASA is engaged in the provision of information technology (IT) consultancy services. Its core digitalization offerings include digitalization, cloud migration, and integration. In addition, it also focused on the Internet of Things (IoT), machine learning, and analytics. The group has cross-functional expertise in cloud services and infrastructure, security, mobility, analytics, and AI. It operates in Sweden.
59GF Score
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