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.
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.
Hanza ABOSTO:HANZA +3.04%89 Return-on-Tangible-Equity is 19.76% as of Jun. 2026, which is 15% below its 10-year median of 23.32. GuruFocus rates OSTO:HANZA with a GF Score™ of 89/100 and a GF Value™ of kr117.36 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,369 Hardware companies, Hanza AB ranks better than 92.49% 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. Hanza AB's annualized net income for the quarter that ended in Jun. 2026 was kr216 Mil. Hanza AB's average shareholder tangible equity for the quarter that ended in Jun. 2026 was kr1,093 Mil. Therefore, Hanza AB's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 19.76%.
The historical rank and industry rank for Hanza AB's Return-on-Tangible-Equity or its related term are showing as below:
OSTO:HANZA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.74 Med: 23.32 Max: 79.92
Current: 36.59
During the past 13 years, Hanza AB's highest Return-on-Tangible-Equity was 79.92%. The lowest was -1.74%. And the median was 23.32%.
OSTO:HANZA's Return-on-Tangible-Equity is ranked better than 92.49% of 2369
companies
in the Hardware industry
Industry Median: 6.35
vs OSTO:HANZA: 36.59
Hanza AB (OSTO:HANZA) 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.
Hanza AB Return-on-Tangible-Equity Related Terms
Hanza AB Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hanza 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.
OSTO:HANZA vs APH, GLW, TEL: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Hanza 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.
Hanza AB Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Hanza AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hanza AB'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 19.76% mean?
Hanza AB (OSTO:HANZA) has a Return-on-Tangible-Equity of 19.76% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hanza AB and its competitors. This is 15% below median its historical median of 23.32. According to the industry distribution chart, Hanza AB ranks #178 out of 2369 companies in the Hardware industry, placing it in the top 7.5%.
Is Hanza AB's Return-on-Tangible-Equity too high?
Hanza AB's current Return-on-Tangible-Equity of 19.76% is 15% below median its 10-year median of 23.32. The Hardware industry median Return-on-Tangible-Equity is 6.35. Hanza AB's value of 19.76% is 211.2% above this industry median. Based on the distribution chart, Hanza AB ranks #178 out of 2369 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Hanza AB has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hanza AB's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Hanza AB ranks #178 out of 2369 companies for Return-on-Tangible-Equity. This places Hanza AB in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.35. Hanza AB's value of 19.76% is 211.2% above this benchmark. While the company's 10-year median is 23.32 vs. the industry median of 6.35, Hanza AB 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 6.35, based on 2,369 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. Hanza AB's current Return-on-Tangible-Equity of 19.76% is 211.2% 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 Hanza AB and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 6.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hanza AB's current Return-on-Tangible-Equity is 19.76%, which is 15% below median its own 10-year median of 23.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanza AB stock overvalued right now?
Based on GuruFocus' analysis, Hanza AB (OSTO:HANZA) is currently considered Modestly Overvalued. The stock's GF Value™ is kr117.36, compared to a current price of kr149.00 — trading 27% above its estimated fair value. The current Return-on-Tangible-Equity is 19.76%, which is 15% below median its 10-year median of 23.32 and 211.2% above the Hardware industry median of 6.35. Hanza AB's overall GF Score™ is 89/100 with 3 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 Hanza AB (OSTO:HANZA), the current Return-on-Tangible-Equity is 19.76% as of Jun. 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 Hanza AB (OSTO:HANZA) Overvalued in 2026?
Based on GuruFocus' analysis, Hanza AB stock appears to be overvalued.
The current stock price of kr149.00 is trading 27% above its estimated GF Value™ of kr117.36.
GuruFocus considers Hanza AB to be Modestly Overvalued.
Key valuation signals for OSTO:HANZA:
Return-on-Tangible-Equity: 19.76% (15% below median its 10-year median of 23.32)
GF Value™: kr117.36 vs. price of kr149.00 (27% above fair value)
Industry Position: 211.2% above the Hardware median (#178 of 2369)
No single metric tells the full story. See the OSTO:HANZA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hanza AB is a global knowledge-based manufacturing company that modernizes and streamlines the manufacturing industry. Through supply-chain advisory services and with production facilities grouped into regional manufacturing clusters, it creates stable deliveries, increased profitability and an environmentally friendly manufacturing process for customers. The company has six manufacturing clusters: Sweden, Finland, Germany, Baltics, Central Europe and China. The business areas of the company include Business Advisory Services, Simplifying Eco Design and Manufacturing Solutions. The company has three reportable segments: Main Markets; Other Markets; and Business Development.
89GF Score
Get the complete analysis for OSTO:HANZA
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OSTO:HANZA has been successfully added to your 
