Norditek Group ABOSTO:NOTEK +3.24%60 Return-on-Tangible-Equity is 5.73% as of Feb. 2026, which is 66% below its 10-year median of 16.76. GuruFocus rates OSTO:NOTEK with a GF Score™ of 60/100 and a GF Value™ of kr15.19 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 226 Waste Management companies, Norditek Group AB ranks better than 55.75% 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. Norditek Group AB's annualized net income for the quarter that ended in Feb. 2026 was kr4.3 Mil. Norditek Group AB's average shareholder tangible equity for the quarter that ended in Feb. 2026 was kr75.2 Mil. Therefore, Norditek Group AB's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was 5.73%.
The historical rank and industry rank for Norditek Group AB's Return-on-Tangible-Equity or its related term are showing as below:
OSTO:NOTEK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.63 Med: 16.76 Max: 49.24
Current: 11.45
During the past 5 years, Norditek Group AB's highest Return-on-Tangible-Equity was 49.24%. The lowest was 1.63%. And the median was 16.76%.
OSTO:NOTEK's Return-on-Tangible-Equity is ranked better than 55.75% of 226
companies
in the Waste Management industry
Industry Median: 9.24
vs OSTO:NOTEK: 11.45
Norditek Group AB (OSTO:NOTEK) 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.
Norditek Group AB Return-on-Tangible-Equity Related Terms
Norditek Group AB Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Norditek 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.
OSTO:NOTEK vs WM, RSG, WCN: Return-on-Tangible-Equity Comparison
For the Waste Management subindustry, Norditek 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.
Norditek Group AB Return-on-Tangible-Equity vs Waste Management Industry
For the Waste Management industry and Industrials sector, Norditek Group AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Norditek 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 (Feb. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 5.73% mean?
Norditek Group AB (OSTO:NOTEK) has a Return-on-Tangible-Equity of 5.73% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Norditek Group AB and its competitors. This is 66% below median its historical median of 16.76. Over the past decade, Norditek Group AB's Return-on-Tangible-Equity has ranged from 1.63 to 49.24. According to the industry distribution chart, Norditek Group AB ranks #100 out of 226 companies in the Waste Management industry, placing it in the top 44.2%.
Is Norditek Group AB's Return-on-Tangible-Equity too high?
Norditek Group AB's current Return-on-Tangible-Equity of 5.73% is 66% below median its 10-year median of 16.76. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 49.24. The Waste Management industry median Return-on-Tangible-Equity is 9.24. Norditek Group AB's value of 5.73% is 38% below this industry median. Based on the distribution chart, Norditek Group AB ranks #100 out of 226 companies in the Waste Management industry, which is above the industry midpoint. Overall, Norditek Group AB has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Norditek Group AB's Return-on-Tangible-Equity compare to WM and RSG?
According to the Waste Management industry distribution chart, Norditek Group AB ranks #100 out of 226 companies for Return-on-Tangible-Equity. This puts Norditek Group AB in the upper half of its industry. The industry median Return-on-Tangible-Equity is 9.24. Norditek Group AB's value of 5.73% is 38% below this benchmark. Historically, Norditek Group AB's own Return-on-Tangible-Equity has ranged from 1.63 to 49.24 over the past decade. While the company's 10-year median is 16.76 vs. the industry median of 9.24, Norditek Group AB has consistently been below 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 Waste Management company?
The median Return-on-Tangible-Equity among Waste Management companies is 9.24, based on 226 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. Norditek Group AB's current Return-on-Tangible-Equity of 5.73% is 38% below 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 Norditek Group AB and its competitors. For the Waste Management industry, the median Return-on-Tangible-Equity is 9.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norditek Group AB's current Return-on-Tangible-Equity is 5.73%, which is 66% below median its own 10-year median of 16.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norditek Group AB stock overvalued right now?
Based on GuruFocus' analysis, Norditek Group AB (OSTO:NOTEK) is currently considered Modestly Undervalued. The stock's GF Value™ is kr15.19, compared to a current price of kr11.15 — trading 26.6% below its estimated fair value. The current Return-on-Tangible-Equity is 5.73%, which is 66% below median its 10-year median of 16.76 and 38% below the Waste Management industry median of 9.24. Norditek Group AB's overall GF Score™ is 60/100 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 Norditek Group AB (OSTO:NOTEK), the current Return-on-Tangible-Equity is 5.73% as of Feb. 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 Norditek Group AB (OSTO:NOTEK) Overvalued in 2026?
Based on GuruFocus' analysis, Norditek Group AB stock appears to be undervalued.
The current stock price of kr11.15 is trading 26.6% below its estimated GF Value™ of kr15.19.
GuruFocus considers Norditek Group AB to be Modestly Undervalued.
Key valuation signals for OSTO:NOTEK:
Return-on-Tangible-Equity: 5.73% (66% below median its 10-year median of 16.76)
GF Value™: kr15.19 vs. price of kr11.15 (26.6% below fair value)
Industry Position: 38% below the Waste Management median (#100 of 226)
No single metric tells the full story. See the OSTO:NOTEK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norditek Group AB is an environmental technology company with a focus on mobile and flexiblerecycling facilities in the Waste, Gravel & Rock and Biomass segments.
60GF Score
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