Viking HoldingsVIK -1.28%19 Return-on-Tangible-Equity is -21.26% as of Mar. 2026. GuruFocus rates VIK with a GF Score™ of 19/100. The stock has 8 warning signs investors should review. Among 797 Travel & Leisure companies, Viking Holdings ranks better than 88.96% 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. Viking Holdings's annualized net income for the quarter that ended in Mar. 2026 was $-218 Mil. Viking Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $1,023 Mil. Therefore, Viking Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -21.26%.
The historical rank and industry rank for Viking Holdings's Return-on-Tangible-Equity or its related term are showing as below:
VIK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 221.04 Med: 317.34 Max: 317.34
Current: 221.04
During the past 5 years, Viking Holdings's highest Return-on-Tangible-Equity was 317.34%. The lowest was 221.04%. And the median was 317.34%.
VIK's Return-on-Tangible-Equity is ranked better than 88.96% of 797
companies
in the Travel & Leisure industry
Industry Median: 7.43
vs VIK: 221.04
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.
Viking Holdings Return-on-Tangible-Equity Related Terms
Viking Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Viking Holdings'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.
VIK vs CCL, EXPE, TCOM: Return-on-Tangible-Equity Comparison
For the Travel Services subindustry, Viking Holdings'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.
Viking Holdings Return-on-Tangible-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Viking Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Viking Holdings'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 -21.26% mean?
Viking Holdings (VIK) has a Return-on-Tangible-Equity of -21.26% 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 Viking Holdings and its competitors. Over the past decade, Viking Holdings' Return-on-Tangible-Equity has ranged from 221.04 to 317.34. According to the industry distribution chart, Viking Holdings ranks #88 out of 797 companies in the Travel & Leisure industry, placing it in the top 11%.
Is Viking Holdings' Return-on-Tangible-Equity too high?
Viking Holdings' current Return-on-Tangible-Equity is -21.26%. Over the past 10 years, this metric has ranged from a low of 221.04 to a high of 317.34. Based on the distribution chart, Viking Holdings ranks #88 out of 797 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Viking Holdings has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Viking Holdings' Return-on-Tangible-Equity compare to CCL and EXPE?
According to the Travel & Leisure industry distribution chart, Viking Holdings ranks #88 out of 797 companies for Return-on-Tangible-Equity. This places Viking Holdings in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.43. Historically, Viking Holdings' own Return-on-Tangible-Equity has ranged from 221.04 to 317.34 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 a Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.43, based on 797 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 Viking Holdings and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viking Holdings's current Return-on-Tangible-Equity is -21.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viking Holdings stock overvalued right now?
Viking Holdings (VIK) has a current Return-on-Tangible-Equity of -21.26%. The current Return-on-Tangible-Equity is -21.26%. Viking Holdings' overall GF Score™ is 19/100 with 8 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 Viking Holdings (VIK), the current Return-on-Tangible-Equity is -21.26% 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.
Viking Holdings Ltd is a travel company, with a fleet of 92 small ships, which view as floating hotels. It offers travel experiences on all seven continents in all three categories of the cruise industry river, ocean, and expedition cruising. The Group defines its products based on the type of cruise offering and language of the cruise service. The River segment provides river cruises outside the United States to English-speaking passengers. The Ocean segment offers ocean cruises to English-speaking passengers. Other include operating segments that are not individually reportable, consisting of expedition cruises for English-speaking passengers (Expedition), Mississippi River cruises for English-speaking passengers, and Viking China, which includes cruises for Mandarin.
19GF Score
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