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Envar Holding AB (publ)OSTO:ENVAR +4.86%19 Return-on-Tangible-Equity is 23.53% as of Mar. 2026, which is 9% below its 10-year median of 25.82. GuruFocus rates OSTO:ENVAR with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 490 Interactive Media companies, Envar Holding AB (publ) ranks better than 74.69% 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. Envar Holding AB (publ)'s annualized net income for the quarter that ended in Mar. 2026 was kr11.58 Mil. Envar Holding AB (publ)'s average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr49.22 Mil. Therefore, Envar Holding AB (publ)'s annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 23.53%.
The historical rank and industry rank for Envar Holding AB (publ)'s Return-on-Tangible-Equity or its related term are showing as below:
OSTO:ENVAR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.24 Med: 25.82 Max: 76.36
Current: 21.37
During the past 4 years, Envar Holding AB (publ)'s highest Return-on-Tangible-Equity was 76.36%. The lowest was 5.24%. And the median was 25.82%.
OSTO:ENVAR's Return-on-Tangible-Equity is ranked better than 74.69% of 490
companies
in the Interactive Media industry
Industry Median: 5.225
vs OSTO:ENVAR: 21.37
Envar Holding AB (publ) (OSTO:ENVAR) 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.
Envar Holding AB (publ) Return-on-Tangible-Equity Related Terms
Envar Holding AB (publ) Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Envar Holding AB (publ)'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.
Envar Holding AB (publ) Return-on-Tangible-Equity Chart
OSTO:ENVAR vs NTES, EA, TTWO: Return-on-Tangible-Equity Comparison
For the Electronic Gaming & Multimedia subindustry, Envar Holding AB (publ)'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.
Envar Holding AB (publ) Return-on-Tangible-Equity vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Envar Holding AB (publ)'s Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Envar Holding AB (publ)'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 23.53% mean?
Envar Holding AB (publ) (OSTO:ENVAR) has a Return-on-Tangible-Equity of 23.53% 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 Envar Holding AB (publ) and its competitors. This is near median its historical median of 25.82. Over the past decade, Envar Holding AB (publ)'s Return-on-Tangible-Equity has ranged from 5.24 to 76.36. According to the industry distribution chart, Envar Holding AB (publ) ranks #124 out of 490 companies in the Interactive Media industry, placing it in the top 25.3%.
Is Envar Holding AB (publ)'s Return-on-Tangible-Equity too high?
Envar Holding AB (publ)'s current Return-on-Tangible-Equity of 23.53% is near median its 10-year median of 25.82. Over the past 10 years, this metric has ranged from a low of 5.24 to a high of 76.36. The Interactive Media industry median Return-on-Tangible-Equity is 5.23. Envar Holding AB (publ)'s value of 23.53% is 350.3% above this industry median. Based on the distribution chart, Envar Holding AB (publ) ranks #124 out of 490 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Envar Holding AB (publ) has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Envar Holding AB (publ)'s Return-on-Tangible-Equity compare to NTES and EA?
According to the Interactive Media industry distribution chart, Envar Holding AB (publ) ranks #124 out of 490 companies for Return-on-Tangible-Equity. This puts Envar Holding AB (publ) in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.23. Envar Holding AB (publ)'s value of 23.53% is 350.3% above this benchmark. Historically, Envar Holding AB (publ)'s own Return-on-Tangible-Equity has ranged from 5.24 to 76.36 over the past decade. While the company's 10-year median is 25.82 vs. the industry median of 5.23, Envar Holding AB (publ) 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 an Interactive Media company?
The median Return-on-Tangible-Equity among Interactive Media companies is 5.23, based on 490 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. Envar Holding AB (publ)'s current Return-on-Tangible-Equity of 23.53% is 350.3% 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 Envar Holding AB (publ) and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Equity is 5.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Envar Holding AB (publ)'s current Return-on-Tangible-Equity is 23.53%, which is near median its own 10-year median of 25.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Envar Holding AB (publ) stock overvalued right now?
Envar Holding AB (publ) (OSTO:ENVAR) has a current Return-on-Tangible-Equity of 23.53%. The current Return-on-Tangible-Equity is 23.53%, which is near median its 10-year median of 25.82 and 350.3% above the Interactive Media industry median of 5.23. Envar Holding AB (publ)'s overall GF Score™ is 19/100 with 1 warning sign 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 Envar Holding AB (publ) (OSTO:ENVAR), the current Return-on-Tangible-Equity is 23.53% 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.
Envar Holding AB (publ) is an outsourcing and development studio with a focus on graphic design, 3D graphics, animations and illustrations for game development companies or other companies operating in the entertainment industry. The company has established itself as a provider of graphics and development services to gaming industry. The company is active in two key segments: outsourcing and co-development as well as game development for the console and PC market.
19GF Score
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