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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. Nordic Flanges Group AB's annualized net income for the quarter that ended in Mar. 2026 was kr7.2 Mil. Nordic Flanges Group AB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr18.7 Mil. Therefore, Nordic Flanges Group AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 38.66%.
The historical rank and industry rank for Nordic Flanges Group AB's Return-on-Tangible-Equity or its related term are showing as below:
OSTO:NFGAB'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -95.99 Med: -25.5 Max: 20.18
Current: 20.18
During the past 13 years, Nordic Flanges Group AB's highest Return-on-Tangible-Equity was 20.18%. The lowest was -95.99%. And the median was -25.50%.
OSTO:NFGAB's Return-on-Tangible-Equity is ranked better than 84.85% of 2970
companies
in the Industrial Products industry
Industry Median: 6.725
vs OSTO:NFGAB: 20.18
Nordic Flanges Group AB (OSTO:NFGAB) 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.
Nordic Flanges Group AB Return-on-Tangible-Equity Related Terms
Nordic Flanges Group AB Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Nordic Flanges Group 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.
Nordic Flanges Group AB Return-on-Tangible-Equity Chart
OSTO:NFGAB vs CRS, ATI, MLI: Return-on-Tangible-Equity Comparison
For the Metal Fabrication subindustry, Nordic Flanges Group 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.
Nordic Flanges Group AB Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nordic Flanges Group AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nordic Flanges Group 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 (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 38.66% mean?
Nordic Flanges Group AB (OSTO:NFGAB) has a Return-on-Tangible-Equity of 38.66% 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 Nordic Flanges Group AB and its competitors. According to the industry distribution chart, Nordic Flanges Group AB ranks #450 out of 2970 companies in the Industrial Products industry, placing it in the top 15.2%.
Is Nordic Flanges Group AB's Return-on-Tangible-Equity too high?
Nordic Flanges Group AB's current Return-on-Tangible-Equity is 38.66%. The Industrial Products industry median Return-on-Tangible-Equity is 6.73. Nordic Flanges Group AB's value of 38.66% is 474.9% above this industry median. Based on the distribution chart, Nordic Flanges Group AB ranks #450 out of 2970 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Nordic Flanges Group AB has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordic Flanges Group AB's Return-on-Tangible-Equity compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Nordic Flanges Group AB ranks #450 out of 2970 companies for Return-on-Tangible-Equity. This places Nordic Flanges Group AB in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.73. Nordic Flanges Group AB's value of 38.66% is 474.9% above this benchmark. 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 Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.73, based on 2,970 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. Nordic Flanges Group AB's current Return-on-Tangible-Equity of 38.66% is 474.9% 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 Nordic Flanges Group AB and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic Flanges Group AB's current Return-on-Tangible-Equity is 38.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Flanges Group AB stock overvalued right now?
Based on GuruFocus' analysis, Nordic Flanges Group AB (OSTO:NFGAB) is currently considered Significantly Overvalued. The stock's GF Value™ is kr5.22, compared to a current price of kr23.60 — trading 352.1% above its estimated fair value. The current Return-on-Tangible-Equity is 38.66% and 474.9% above the Industrial Products industry median of 6.73. Nordic Flanges Group AB's overall GF Score™ is 32/100 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 Nordic Flanges Group AB (OSTO:NFGAB), the current Return-on-Tangible-Equity is 38.66% 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 Nordic Flanges Group AB (OSTO:NFGAB) Overvalued in 2026?
Based on GuruFocus' analysis, Nordic Flanges Group AB stock appears to be overvalued.
The current stock price of kr23.60 is trading 352.1% above its estimated GF Value™ of kr5.22.
GuruFocus considers Nordic Flanges Group AB to be Significantly Overvalued.
Key valuation signals for OSTO:NFGAB:
Return-on-Tangible-Equity: 38.66%
GF Value™: kr5.22 vs. price of kr23.60 (352.1% above fair value)
Industry Position: 474.9% above the Industrial Products median (#450 of 2970)
No single metric tells the full story. See the OSTO:NFGAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nordic Flanges Group AB is a supplier of industrial flanges in the Nordic region. Its business concept is to deliver flange solutions in stainless steel, aluminum and steel with the customer service on the market. Its products include Stainless steel, carbon steel, aluminum, and laboratory equipment.
32GF Score
Get the complete analysis for OSTO:NFGAB
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