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Arendals Fossekompani ASAOSTO:AFKO 66 Return-on-Tangible-Equity is 3.02% as of Mar. 2026, which is 17% below its 10-year median of 3.62. GuruFocus rates OSTO:AFKO with a GF Score™ of 66/100 and a GF Value™ of kr128.22 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 549 Conglomerates companies, Arendals Fossekompani ASA ranks better than 70.31% 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. Arendals Fossekompani ASA's annualized net income for the quarter that ended in Mar. 2026 was kr120 Mil. Arendals Fossekompani ASA's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr3,974 Mil. Therefore, Arendals Fossekompani ASA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 3.02%.
The historical rank and industry rank for Arendals Fossekompani ASA's Return-on-Tangible-Equity or its related term are showing as below:
OSTO:AFKO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.83 Med: 3.62 Max: 93.98
Current: 13.45
During the past 13 years, Arendals Fossekompani ASA's highest Return-on-Tangible-Equity was 93.98%. The lowest was -2.83%. And the median was 3.62%.
OSTO:AFKO's Return-on-Tangible-Equity is ranked better than 70.31% of 549
companies
in the Conglomerates industry
Industry Median: 7.38
vs OSTO:AFKO: 13.45
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.
Arendals Fossekompani ASA Return-on-Tangible-Equity Related Terms
Arendals Fossekompani ASA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Arendals Fossekompani 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.
OSTO:AFKO vs MMM, HON: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Arendals Fossekompani 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.
Arendals Fossekompani ASA Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Arendals Fossekompani ASA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Arendals Fossekompani 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 3.02% mean?
Arendals Fossekompani ASA (OSTO:AFKO) has a Return-on-Tangible-Equity of 3.02% 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 Arendals Fossekompani ASA and its competitors. This is 17% below median its historical median of 3.62. According to the industry distribution chart, Arendals Fossekompani ASA ranks #163 out of 549 companies in the Conglomerates industry, placing it in the top 29.7%.
Is Arendals Fossekompani ASA's Return-on-Tangible-Equity too high?
Arendals Fossekompani ASA's current Return-on-Tangible-Equity of 3.02% is 17% below median its 10-year median of 3.62. The Conglomerates industry median Return-on-Tangible-Equity is 7.38. Arendals Fossekompani ASA's value of 3.02% is 59.1% below this industry median. Based on the distribution chart, Arendals Fossekompani ASA ranks #163 out of 549 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Arendals Fossekompani ASA has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arendals Fossekompani ASA's Return-on-Tangible-Equity compare to MMM and HON?
According to the Conglomerates industry distribution chart, Arendals Fossekompani ASA ranks #163 out of 549 companies for Return-on-Tangible-Equity. This puts Arendals Fossekompani ASA in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.38. Arendals Fossekompani ASA's value of 3.02% is 59.1% below this benchmark. While the company's 10-year median is 3.62 vs. the industry median of 7.38, Arendals Fossekompani ASA 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 Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.38, based on 549 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. Arendals Fossekompani ASA's current Return-on-Tangible-Equity of 3.02% is 59.1% 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 Arendals Fossekompani ASA and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arendals Fossekompani ASA's current Return-on-Tangible-Equity is 3.02%, which is 17% below median its own 10-year median of 3.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arendals Fossekompani ASA stock overvalued right now?
Based on GuruFocus' analysis, Arendals Fossekompani ASA (OSTO:AFKO) is currently considered Significantly Overvalued. The stock's GF Value™ is kr128.22, compared to a current price of kr177.00 — trading 38% above its estimated fair value. The current Return-on-Tangible-Equity is 3.02%, which is 17% below median its 10-year median of 3.62 and 59.1% below the Conglomerates industry median of 7.38. Arendals Fossekompani ASA's overall GF Score™ is 66/100 with 8 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 Arendals Fossekompani ASA (OSTO:AFKO), the current Return-on-Tangible-Equity is 3.02% 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 Arendals Fossekompani ASA (OSTO:AFKO) Overvalued in 2026?
Based on GuruFocus' analysis, Arendals Fossekompani ASA stock appears to be overvalued.
The current stock price of kr177.00 is trading 38% above its estimated GF Value™ of kr128.22.
GuruFocus considers Arendals Fossekompani ASA to be Significantly Overvalued.
Key valuation signals for OSTO:AFKO:
Return-on-Tangible-Equity: 3.02% (17% below median its 10-year median of 3.62)
GF Value™: kr128.22 vs. price of kr177.00 (38% above fair value)
Industry Position: 59.1% below the Conglomerates median (#163 of 549)
No single metric tells the full story. See the OSTO:AFKO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arendals Fossekompani ASA is an industrial investment company holding several core investments and a portfolio of financial investments. The company invests in and owns companies that make energy from renewable sources more usable and accessible, and that contribute to a more sustainable use of resources. It owns and operates two hydropower plants. In addition, the firm operates globally in many forward-looking industries, including 3D printing, algo trading, satellite services, battery and solar technology, software and digitalization, as well as various green energy technologies. The company has seven operating segments: Group Management, AFK Vannkraft, NSSLGIobaI, ENRX, Tekna, AFK Eiendom, and Others.
66GF Score
Get the complete analysis for OSTO:AFKO
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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