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.
Nederman Holding ABOSTO:NMAN +0.78%81 Return-on-Tangible-Equity is Negative Tangible Equity% as of Jun. 2026. GuruFocus rates OSTO:NMAN with a GF Score™ of 81/100 and a GF Value™ of kr163.51 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,973 Industrial Products companies, Nederman Holding AB ranks better than 99.97% 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. Nederman Holding AB's annualized net income for the quarter that ended in Jun. 2026 was kr216 Mil. Nederman Holding AB's average shareholder tangible equity for the quarter that ended in Jun. 2026 was kr-255 Mil. Therefore, Nederman Holding AB's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for Nederman Holding AB's Return-on-Tangible-Equity or its related term are showing as below:
OSTO:NMAN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 171.67 Med: 645.3 Max: 1118.92
Current: Negative Tangible Equity
During the past 13 years, Nederman Holding AB's highest Return-on-Tangible-Equity was 1,118.92%. The lowest was 171.67%. And the median was 645.30%.
OSTO:NMAN's Return-on-Tangible-Equity is ranked better than 99.97% of 2973
companies
in the Industrial Products industry
Industry Median: 6.76
vs OSTO:NMAN: Negative Tangible Equity
Nederman Holding AB (OSTO:NMAN) 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.
Nederman Holding AB Return-on-Tangible-Equity Related Terms
Nederman Holding AB Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Nederman Holding 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.
Nederman Holding AB Return-on-Tangible-Equity Chart
OSTO:NMAN vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Nederman Holding 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.
Nederman Holding AB Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nederman Holding AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nederman Holding 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 Negative Tangible Equity% mean?
Nederman Holding AB (OSTO:NMAN) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Nederman Holding AB and its competitors. Over the past decade, Nederman Holding AB's Return-on-Tangible-Equity has ranged from 171.67 to 1,118.92. According to the industry distribution chart, Nederman Holding AB ranks #1 out of 2973 companies in the Industrial Products industry, placing it in the top 0%.
Is Nederman Holding AB's Return-on-Tangible-Equity too high?
Nederman Holding AB's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 171.67 to a high of 1,118.92. Based on the distribution chart, Nederman Holding AB ranks #1 out of 2973 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Nederman Holding AB has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nederman Holding AB's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nederman Holding AB ranks #1 out of 2973 companies for Return-on-Tangible-Equity. This places Nederman Holding AB in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.76. Historically, Nederman Holding AB's own Return-on-Tangible-Equity has ranged from 171.67 to 1,118.92 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.76, based on 2,973 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 Nederman Holding AB and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nederman Holding 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 Nederman Holding AB stock overvalued right now?
Based on GuruFocus' analysis, Nederman Holding AB (OSTO:NMAN) is currently considered Modestly Undervalued. The stock's GF Value™ is kr163.51, compared to a current price of kr129.40 — trading 20.9% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Nederman Holding AB's overall GF Score™ is 81/100 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 Nederman Holding AB (OSTO:NMAN), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 Nederman Holding AB (OSTO:NMAN) Overvalued in 2026?
Based on GuruFocus' analysis, Nederman Holding AB stock appears to be undervalued.
The current stock price of kr129.40 is trading 20.9% below its estimated GF Value™ of kr163.51.
GuruFocus considers Nederman Holding AB to be Modestly Undervalued.
No single metric tells the full story. See the OSTO:NMAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nederman Holding AB is an industrial equipment manufacturer. The company produces and markets products to improve the industrial workplace environment; owns and manages enterprises as well as real estate and personal property, and engages in compatible operations. Its operating segments are, Extraction and Filtration Technology, Process Technology, Duct and Filter Technology, and Monitoring and Control Technology. Key revenue is derived from the Extraction and Filter Technology segment, which develops and sells various filters and monitoring services, capturing devices, fans, high-vacuum products, and reels for the distribution of various liquids and compressed air. Geographically, it derives key revenue from the United States of America and has customers located around the world.
81GF Score
Get the complete analysis for OSTO:NMAN
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:NMAN has been successfully added to your 
