Sibek AB (publ) (OSTO:SIBEK) Return-on-Tangible-Equity: 21.97% (As of Apr. 2026) — 46% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

OSTO:SIBEK Sibek AB (publ) OSTO:SIBEK
41 GF Score
Price kr55.80
GF Value kr43.18
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Sibek AB (publ) Return-on-Tangible-Equity?

Sibek AB (publ) OSTO:SIBEK -1.41% 41 Return-on-Tangible-Equity is 21.97% as of Apr. 2026, which is 46% below its 10-year median of 40.81. GuruFocus rates OSTO:SIBEK with a GF Score™ of 41/100 and a GF Value™ of kr43.18 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,008 Business Services companies, Sibek AB (publ) ranks better than 83.43% 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. Sibek AB (publ)'s annualized net income for the quarter that ended in Apr. 2026 was kr13.1 Mil. Sibek AB (publ)'s average shareholder tangible equity for the quarter that ended in Apr. 2026 was kr59.6 Mil. Therefore, Sibek AB (publ)'s annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 21.97%.

The historical rank and industry rank for Sibek AB (publ)'s Return-on-Tangible-Equity or its related term are showing as below:

OSTO:SIBEK' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 34.49   Med: 40.81   Max: 43.74
Current: 41.85

During the past 5 years, Sibek AB (publ)'s highest Return-on-Tangible-Equity was 43.74%. The lowest was 34.49%. And the median was 40.81%.

OSTO:SIBEK's Return-on-Tangible-Equity is ranked better than
83.43% of 1008 companies
in the Business Services industry
Industry Median: 10.7 vs OSTO:SIBEK: 41.85

Sibek AB (publ)  (OSTO:SIBEK) 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.


Sibek AB (publ) Return-on-Tangible-Equity Related Terms


Sibek AB (publ) Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Sibek AB (publ)'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.

Sibek AB (publ) Return-on-Tangible-Equity Chart

Sibek AB (publ) Annual Data
Trend Apr22 Apr23 Apr24 Apr25 Apr26
Return-on-Tangible-Equity
43.74 34.49 40.81 39.52 41.87

Sibek AB (publ) Quarterly Data
Apr22 Jul22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 11.91 54.84 62.29 27.08 21.97

OSTO:SIBEK vs ALLE, MSA, ADT: Return-on-Tangible-Equity Comparison

For the Security & Protection Services subindustry, Sibek AB (publ)'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.


Sibek AB (publ) Return-on-Tangible-Equity vs Business Services Industry

For the Business Services industry and Industrials sector, Sibek AB (publ)'s Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Sibek AB (publ)'s Return-on-Tangible-Equity falls into.


OSTO:SIBEK
41GF Score
Sibek AB (publ) OSTO:SIBEK
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sibek AB (publ) Return-on-Tangible-Equity Calculation

Sibek AB (publ)'s annualized Return-on-Tangible-Equity for the fiscal year that ended in Apr. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Apr. 2026 )  (A: Apr. 2025 )(A: Apr. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Apr. 2026 )  (A: Apr. 2025 )(A: Apr. 2026 )
=24.7/( (56.801+61.194 )/ 2 )
=24.7/58.9975
=41.87 %

Sibek AB (publ)'s annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=13.084/( (57.923+61.194)/ 2 )
=13.084/59.5585
=21.97 %

* 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 (Apr. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 21.97% mean?
Sibek AB (publ) (OSTO:SIBEK) has a Return-on-Tangible-Equity of 21.97% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Sibek AB (publ) and its competitors. This is 46% below median its historical median of 40.81. Over the past decade, Sibek AB (publ)'s Return-on-Tangible-Equity has ranged from 34.49 to 43.74. According to the industry distribution chart, Sibek AB (publ) ranks #167 out of 1008 companies in the Business Services industry, placing it in the top 16.6%.
Is Sibek AB (publ)'s Return-on-Tangible-Equity too high?
Sibek AB (publ)'s current Return-on-Tangible-Equity of 21.97% is 46% below median its 10-year median of 40.81. Over the past 10 years, this metric has ranged from a low of 34.49 to a high of 43.74. The Business Services industry median Return-on-Tangible-Equity is 10.70. Sibek AB (publ)'s value of 21.97% is 105.3% above this industry median. Based on the distribution chart, Sibek AB (publ) ranks #167 out of 1008 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Sibek AB (publ) has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sibek AB (publ)'s Return-on-Tangible-Equity compare to ALLE and MSA?
According to the Business Services industry distribution chart, Sibek AB (publ) ranks #167 out of 1008 companies for Return-on-Tangible-Equity. This places Sibek AB (publ) in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.70. Sibek AB (publ)'s value of 21.97% is 105.3% above this benchmark. Historically, Sibek AB (publ)'s own Return-on-Tangible-Equity has ranged from 34.49 to 43.74 over the past decade. While the company's 10-year median is 40.81 vs. the industry median of 10.70, Sibek AB (publ) 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.70, based on 1,008 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. Sibek AB (publ)'s current Return-on-Tangible-Equity of 21.97% is 105.3% 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 Sibek AB (publ) and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sibek AB (publ)'s current Return-on-Tangible-Equity is 21.97%, which is 46% below median its own 10-year median of 40.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sibek AB (publ) stock overvalued right now?
Based on GuruFocus' analysis, Sibek AB (publ) (OSTO:SIBEK) is currently considered Modestly Overvalued. The stock's GF Value™ is kr43.18, compared to a current price of kr55.80 — trading 29.2% above its estimated fair value. The current Return-on-Tangible-Equity is 21.97%, which is 46% below median its 10-year median of 40.81 and 105.3% above the Business Services industry median of 10.70. Sibek AB (publ)'s overall GF Score™ is 41/100 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 Sibek AB (publ) (OSTO:SIBEK), the current Return-on-Tangible-Equity is 21.97% as of Apr. 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 Sibek AB (publ) (OSTO:SIBEK) Overvalued in 2026?

Based on GuruFocus' analysis, Sibek AB (publ) stock appears to be overvalued. The current stock price of kr55.80 is trading 29.2% above its estimated GF Value™ of kr43.18. GuruFocus considers Sibek AB (publ) to be Modestly Overvalued.

Key valuation signals for OSTO:SIBEK:

  • Return-on-Tangible-Equity: 21.97% (46% below median its 10-year median of 40.81)
  • GF Value™: kr43.18 vs. price of kr55.80 (29.2% above fair value)
  • GF Score™: 41/100 with 5 warning signs
  • Industry Position: 105.3% above the Business Services median (#167 of 1008)

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


Sibek AB (publ) Business Description

Address Polygonvagen 39, Taby, SWE, 187 66
Sibek AB (publ) is a technology consultancy operating in infrastructure, specifically railways. The company specializes in the Swedish railway's signaling system. The single largest customer is the Swedish Transport Administration, followed by the Swedish Transport Administration (SL) within the Stockholm Region. This is followed by other actors operating within Swedish railways, such as contracting companies, signaling system suppliers and other technology consulting companies. The services the Company delivers can be mainly divided into: COMMISSIONING, PROJECTING, and PROJECT AND CONSTRUCTION MANAGEMENT.
41GF Score

Get the complete analysis for OSTO:SIBEK

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

kr55.80
Price
kr43.18
GF Value