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.
Linc ABOSTO:LINC +3.24%37 Return-on-Tangible-Equity is 23.56% as of Jun. 2026, which is 4% below its 10-year median of 24.46. GuruFocus rates OSTO:LINC with a GF Score™ of 37/100. The stock has 2 warning signs investors should review. Among 1,589 Asset Management companies, Linc AB ranks better than 59.41% 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. Linc AB's annualized net income for the quarter that ended in Jun. 2026 was kr1,032.41 Mil. Linc AB's average shareholder tangible equity for the quarter that ended in Jun. 2026 was kr4,381.46 Mil. Therefore, Linc AB's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 23.56%.
The historical rank and industry rank for Linc AB's Return-on-Tangible-Equity or its related term are showing as below:
OSTO:LINC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -22.11 Med: 24.46 Max: 43.74
Current: 7.45
During the past 8 years, Linc AB's highest Return-on-Tangible-Equity was 43.74%. The lowest was -22.11%. And the median was 24.46%.
OSTO:LINC's Return-on-Tangible-Equity is ranked better than 59.41% of 1589
companies
in the Asset Management industry
Industry Median: 7.21
vs OSTO:LINC: 7.45
Linc AB (OSTO:LINC) 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.
Linc AB Return-on-Tangible-Equity Related Terms
Linc AB Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Linc 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:LINC vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Linc 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.
Linc AB Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Linc AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Linc 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 23.56% mean?
Linc AB (OSTO:LINC) has a Return-on-Tangible-Equity of 23.56% 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 Linc AB and its competitors. This is near median its historical median of 24.46. According to the industry distribution chart, Linc AB ranks #645 out of 1589 companies in the Asset Management industry, placing it in the top 40.6%.
Is Linc AB's Return-on-Tangible-Equity too high?
Linc AB's current Return-on-Tangible-Equity of 23.56% is near median its 10-year median of 24.46. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Linc AB's value of 23.56% is 226.8% above this industry median. Based on the distribution chart, Linc AB ranks #645 out of 1589 companies in the Asset Management industry, which is above the industry midpoint. Overall, Linc AB has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Linc AB's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Linc AB ranks #645 out of 1589 companies for Return-on-Tangible-Equity. This puts Linc AB in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.21. Linc AB's value of 23.56% is 226.8% above this benchmark. While the company's 10-year median is 24.46 vs. the industry median of 7.21, Linc 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 an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,589 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. Linc AB's current Return-on-Tangible-Equity of 23.56% is 226.8% 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 Linc AB and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Linc AB's current Return-on-Tangible-Equity is 23.56%, which is near median its own 10-year median of 24.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Linc AB stock overvalued right now?
Linc AB (OSTO:LINC) has a current Return-on-Tangible-Equity of 23.56%. The current Return-on-Tangible-Equity is 23.56%, which is near median its 10-year median of 24.46 and 226.8% above the Asset Management industry median of 7.21. Linc AB's overall GF Score™ is 37/100 with 2 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 Linc AB (OSTO:LINC), the current Return-on-Tangible-Equity is 23.56% 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.
Linc AB is an investor in product-oriented companies in the Nordic Life Science industry. It mainly invests in and develops small and medium-sized product-oriented life science companies in medical technology and pharmaceuticals.
37GF Score
Get the complete analysis for OSTO:LINC
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:LINC has been successfully added to your 
