Nordisk Bergteknik AB (OSTO:NORB B) Return-on-Tangible-Equity: 18.80% (As of Jun. 2026) — 13% Above Median

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OSTO:NORB B Nordisk Bergteknik AB OSTO:NORB B
77 GF Score
Price kr10.30
GF Value kr14.11
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Nordisk Bergteknik AB Return-on-Tangible-Equity?

Nordisk Bergteknik AB OSTO:NORB B -0.96% 77 Return-on-Tangible-Equity is 18.80% as of Jun. 2026, which is 13% above its 10-year median of 16.64. GuruFocus rates OSTO:NORB B with a GF Score™ of 77/100 and a GF Value™ of kr14.11 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,712 Construction companies, Nordisk Bergteknik AB ranks better than 64.31% 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. Nordisk Bergteknik AB's annualized net income for the quarter that ended in Jun. 2026 was kr44 Mil. Nordisk Bergteknik AB's average shareholder tangible equity for the quarter that ended in Jun. 2026 was kr232 Mil. Therefore, Nordisk Bergteknik AB's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 18.80%.

The historical rank and industry rank for Nordisk Bergteknik AB's Return-on-Tangible-Equity or its related term are showing as below:

OSTO:NORB B' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.07   Med: 16.64   Max: 38.75
Current: 12.73

During the past 8 years, Nordisk Bergteknik AB's highest Return-on-Tangible-Equity was 38.75%. The lowest was 5.07%. And the median was 16.64%.

OSTO:NORB B's Return-on-Tangible-Equity is ranked better than
64.31% of 1712 companies
in the Construction industry
Industry Median: 8.21 vs OSTO:NORB B: 12.73

Nordisk Bergteknik AB  (OSTO:NORB B) 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.


Nordisk Bergteknik AB Return-on-Tangible-Equity Related Terms


Nordisk Bergteknik AB Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Nordisk Bergteknik 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.

Nordisk Bergteknik AB Return-on-Tangible-Equity Chart

Nordisk Bergteknik AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 19.55 38.75 16.64 5.07 14.07

Nordisk Bergteknik AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.24 19.97 4.89 7.15 18.80

OSTO:NORB B vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison

For the Engineering & Construction subindustry, Nordisk Bergteknik 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.


Nordisk Bergteknik AB Return-on-Tangible-Equity vs Construction Industry

For the Construction industry and Industrials sector, Nordisk Bergteknik AB's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Nordisk Bergteknik AB's Return-on-Tangible-Equity falls into.


OSTO:NORB B
77GF Score
Nordisk Bergteknik AB OSTO:NORB B
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Nordisk Bergteknik AB Return-on-Tangible-Equity Calculation

Nordisk Bergteknik AB's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=28.5/( (193.4+211.8 )/ 2 )
=28.5/202.6
=14.07 %

Nordisk Bergteknik AB's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=43.6/( (224.6+239.2)/ 2 )
=43.6/231.9
=18.80 %

* 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 18.80% mean?
Nordisk Bergteknik AB (OSTO:NORB B) has a Return-on-Tangible-Equity of 18.80% 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 Nordisk Bergteknik AB and its competitors. This is 13% above median its historical median of 16.64. Over the past decade, Nordisk Bergteknik AB's Return-on-Tangible-Equity has ranged from 5.07 to 38.75. According to the industry distribution chart, Nordisk Bergteknik AB ranks #611 out of 1712 companies in the Construction industry, placing it in the top 35.7%.
Is Nordisk Bergteknik AB's Return-on-Tangible-Equity too high?
Nordisk Bergteknik AB's current Return-on-Tangible-Equity of 18.80% is 13% above median its 10-year median of 16.64. Over the past 10 years, this metric has ranged from a low of 5.07 to a high of 38.75. The Construction industry median Return-on-Tangible-Equity is 8.21. Nordisk Bergteknik AB's value of 18.80% is 129% above this industry median. Based on the distribution chart, Nordisk Bergteknik AB ranks #611 out of 1712 companies in the Construction industry, which is above the industry midpoint. Overall, Nordisk Bergteknik AB has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nordisk Bergteknik AB's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Nordisk Bergteknik AB ranks #611 out of 1712 companies for Return-on-Tangible-Equity. This puts Nordisk Bergteknik AB in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.21. Nordisk Bergteknik AB's value of 18.80% is 129% above this benchmark. Historically, Nordisk Bergteknik AB's own Return-on-Tangible-Equity has ranged from 5.07 to 38.75 over the past decade. While the company's 10-year median is 16.64 vs. the industry median of 8.21, Nordisk Bergteknik 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.21, based on 1,712 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. Nordisk Bergteknik AB's current Return-on-Tangible-Equity of 18.80% is 129% 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 Nordisk Bergteknik AB and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordisk Bergteknik AB's current Return-on-Tangible-Equity is 18.80%, which is 13% above median its own 10-year median of 16.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordisk Bergteknik AB stock overvalued right now?
Based on GuruFocus' analysis, Nordisk Bergteknik AB (OSTO:NORB B) is currently considered Modestly Undervalued. The stock's GF Value™ is kr14.11, compared to a current price of kr10.30 — trading 27% below its estimated fair value. The current Return-on-Tangible-Equity is 18.80%, which is 13% above median its 10-year median of 16.64 and 129% above the Construction industry median of 8.21. Nordisk Bergteknik AB's overall GF Score™ is 77/100 with 5 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 Nordisk Bergteknik AB (OSTO:NORB B), the current Return-on-Tangible-Equity is 18.80% 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 Nordisk Bergteknik AB (OSTO:NORB B) Overvalued in 2026?

Based on GuruFocus' analysis, Nordisk Bergteknik AB stock appears to be undervalued. The current stock price of kr10.30 is trading 27% below its estimated GF Value™ of kr14.11. GuruFocus considers Nordisk Bergteknik AB to be Modestly Undervalued.

Key valuation signals for OSTO:NORB B:

  • Return-on-Tangible-Equity: 18.80% (13% above median its 10-year median of 16.64)
  • GF Value™: kr14.11 vs. price of kr10.30 (27% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 129% above the Construction median (#611 of 1712)

No single metric tells the full story. See the OSTO:NORB B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nordisk Bergteknik AB Business Description

Other Exchanges 9LY:Germany
Address Ostra Hamngatan 52, Gothenburg, SWE, 411 08
Nordisk Bergteknik AB's business concept is to offer contracting services in infrastructure to the construction, mining, and construction industries within selected niches in the Nordic countries. It operates in the two business areas of Rock Handling and Foundation Solutions, which in turn are reported in the three financial segments Foundation Sweden, Rock Sweden, and Rock Norway. It generates maximum revenue from the Rock Sweden segment. The majority of the revenue comes from Rock Sweden. Geographic areas are Sweden, Norway, Finland, and Other Countries where the majority of revenue comes from Sweden.
77GF Score

Get the complete analysis for OSTO:NORB B

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr10.30
Price
kr14.11
GF Value