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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. Lovisagruvan AB's annualized net income for the quarter that ended in Mar. 2026 was kr-9.20 Mil. Lovisagruvan AB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr26.85 Mil. Therefore, Lovisagruvan AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -34.26%.
The historical rank and industry rank for Lovisagruvan AB's Return-on-Tangible-Equity or its related term are showing as below:
XSAT:LOVI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -8.29 Med: 11.95 Max: 63.22
Current: -8.29
During the past 13 years, Lovisagruvan AB's highest Return-on-Tangible-Equity was 63.22%. The lowest was -8.29%. And the median was 11.95%.
XSAT:LOVI's Return-on-Tangible-Equity is ranked better than 59.59% of 2378
companies
in the Metals & Mining industry
Industry Median: -16.405
vs XSAT:LOVI: -8.29
Lovisagruvan AB (XSAT:LOVI) 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.
Lovisagruvan AB Return-on-Tangible-Equity Related Terms
Lovisagruvan AB Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Lovisagruvan 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.
Lovisagruvan AB Return-on-Tangible-Equity Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Lovisagruvan 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.
Lovisagruvan AB Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Lovisagruvan AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Lovisagruvan 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 (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 -34.26% mean?
Lovisagruvan AB (XSAT:LOVI) has a Return-on-Tangible-Equity of -34.26% 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 Lovisagruvan AB and its competitors. According to the industry distribution chart, Lovisagruvan AB ranks #961 out of 2378 companies in the Metals & Mining industry, placing it in the top 40.4%.
Is Lovisagruvan AB's Return-on-Tangible-Equity too high?
Lovisagruvan AB's current Return-on-Tangible-Equity is -34.26%. Based on the distribution chart, Lovisagruvan AB ranks #961 out of 2378 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Lovisagruvan AB has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lovisagruvan AB's Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Lovisagruvan AB ranks #961 out of 2378 companies for Return-on-Tangible-Equity. This puts Lovisagruvan AB in the upper half of its industry. 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 Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. 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 Lovisagruvan AB and its competitors. Lovisagruvan AB's current Return-on-Tangible-Equity is -34.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lovisagruvan AB stock overvalued right now?
Based on GuruFocus' analysis, Lovisagruvan AB (XSAT:LOVI) is currently considered Possible Value Trap. The stock's GF Value™ is kr20.59, compared to a current price of kr10.35 — trading 49.7% below its estimated fair value. The current Return-on-Tangible-Equity is -34.26%. Lovisagruvan AB's overall GF Score™ is 64/100 with 6 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 Lovisagruvan AB (XSAT:LOVI), the current Return-on-Tangible-Equity is -34.26% 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.
Is Lovisagruvan AB (XSAT:LOVI) Overvalued in 2026?
Based on GuruFocus' analysis, Lovisagruvan AB stock appears to be undervalued.
The current stock price of kr10.35 is trading 49.7% below its estimated GF Value™ of kr20.59.
GuruFocus considers Lovisagruvan AB to be Possible Value Trap.
Key valuation signals for XSAT:LOVI:
Return-on-Tangible-Equity: -34.26%
GF Value™: kr20.59 vs. price of kr10.35 (49.7% below fair value)
No single metric tells the full story. See the XSAT:LOVI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lovisagruvan AB is engaged in the mining and prospecting operations in the area of Strassa, Sweden. It operates a deep mine with lead, zinc and silver mineralization in Strassa, Sweden. The company currently has a production rate of approximately 3500 tonnes per month.
64GF Score
Get the complete analysis for XSAT:LOVI
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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