Bredband2 i Skandinavien AB (OSTO:BRE2) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSTO:BRE2 Bredband2 i Skandinavien AB OSTO:BRE2
90 GF Score
Price kr3.25
GF Value kr2.21
! 5 Warning Signs
View Full Analysis

What is Bredband2 i Skandinavien AB Return-on-Tangible-Equity?

Bredband2 i Skandinavien AB OSTO:BRE2 90 Return-on-Tangible-Equity is Negative Tangible Equity% as of Dec. 2025. GuruFocus rates OSTO:BRE2 with a GF Score™ of 90/100 and a GF Value™ of kr2.21. The stock has 5 warning signs investors should review.

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. Bredband2 i Skandinavien AB's annualized net income for the quarter that ended in Dec. 2025 was kr116 Mil. Bredband2 i Skandinavien AB's average shareholder tangible equity for the quarter that ended in Dec. 2025 was kr-258 Mil. Therefore, Bredband2 i Skandinavien AB's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was Negative Tangible Equity%.

The historical rank and industry rank for Bredband2 i Skandinavien AB's Return-on-Tangible-Equity or its related term are showing as below:

OSTO:BRE2' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 54.35   Med: 75.45   Max: 105.88
Current: Negative Tangible Equity

During the past 13 years, Bredband2 i Skandinavien AB's highest Return-on-Tangible-Equity was 105.88%. The lowest was 54.35%. And the median was 75.45%.

OSTO:BRE2's Return-on-Tangible-Equity is not ranked
in the Telecommunication Services industry.
Industry Median: 14.255 vs OSTO:BRE2: Negative Tangible Equity

Bredband2 i Skandinavien AB  (OSTO:BRE2) 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.


Bredband2 i Skandinavien AB Return-on-Tangible-Equity Related Terms


Bredband2 i Skandinavien AB Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Bredband2 i Skandinavien AB'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.

Bredband2 i Skandinavien AB Return-on-Tangible-Equity Chart

Bredband2 i Skandinavien AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Bredband2 i Skandinavien AB Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

OSTO:BRE2 vs TMUS, VZ, T: Return-on-Tangible-Equity Comparison

For the Telecom Services subindustry, Bredband2 i Skandinavien AB'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.


Bredband2 i Skandinavien AB Return-on-Tangible-Equity vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Bredband2 i Skandinavien AB's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Bredband2 i Skandinavien AB's Return-on-Tangible-Equity falls into.


OSTO:BRE2
90GF Score
Bredband2 i Skandinavien AB OSTO:BRE2
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bredband2 i Skandinavien AB Return-on-Tangible-Equity Calculation

Bredband2 i Skandinavien AB's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=109.418/( (-222.571+-241.792 )/ 2 )
=109.418/-232.1815
=Negative Tangible Equity %

Bredband2 i Skandinavien AB's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=116.376/( (-273.603+-241.792)/ 2 )
=116.376/-257.6975
=Negative Tangible Equity %

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

What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
Bredband2 i Skandinavien AB (OSTO:BRE2) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Bredband2 i Skandinavien AB and its competitors. Over the past decade, Bredband2 i Skandinavien AB's Return-on-Tangible-Equity has ranged from 54.35 to 105.88.
Is Bredband2 i Skandinavien AB's Return-on-Tangible-Equity too high?
Bredband2 i Skandinavien AB's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 54.35 to a high of 105.88. Overall, Bredband2 i Skandinavien AB has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Bredband2 i Skandinavien AB's Return-on-Tangible-Equity compare to TMUS and VZ?
Bredband2 i Skandinavien AB's Return-on-Tangible-Equity of Negative Tangible Equity% can be compared against companies in the Telecommunication Services industry. The industry median Return-on-Tangible-Equity is 14.26. Historically, Bredband2 i Skandinavien AB's own Return-on-Tangible-Equity has ranged from 54.35 to 105.88 over the past decade. 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 Telecommunication Services company?
The median Return-on-Tangible-Equity among Telecommunication Services companies is 14.26, based on 324 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 Bredband2 i Skandinavien AB and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Equity is 14.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bredband2 i Skandinavien AB's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bredband2 i Skandinavien AB stock overvalued right now?
Bredband2 i Skandinavien AB (OSTO:BRE2) has a current Return-on-Tangible-Equity of Negative Tangible Equity%. The stock's GF Value™ is kr2.21, compared to a current price of kr3.25 — trading 47.1% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Bredband2 i Skandinavien AB's overall GF Score™ is 90/100 with 5 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 Bredband2 i Skandinavien AB (OSTO:BRE2), the current Return-on-Tangible-Equity is Negative Tangible Equity% as of Dec. 2025. 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 Bredband2 i Skandinavien AB (OSTO:BRE2) Overvalued in 2026?

Based on GuruFocus' analysis, Bredband2 i Skandinavien AB stock appears to be overvalued. The current stock price of kr3.25 is trading 47.1% above its estimated GF Value™ of kr2.21.

Key valuation signals for OSTO:BRE2:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: kr2.21 vs. price of kr3.25 (47.1% above fair value)
  • GF Score™: 90/100 with 5 warning signs

No single metric tells the full story. See the OSTO:BRE2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bredband2 i Skandinavien AB Business Description

Address Box 557, Malmo, SWE, 201 25
Bredband2 i Skandinavien AB provides telecommunications and data communications services. Its offers broadband via fiber, SIP/ISDN, mobile telephony, IP phones, cloud gear, virtual meetings, anti fraud, antivirus, DDoS protection and back up and restore services.
90GF Score

Get the complete analysis for OSTO:BRE2

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr3.25
Price
kr2.21
GF Value