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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. Safe at Sea AB's annualized net income for the quarter that ended in Mar. 2026 was kr0.96 Mil. Safe at Sea AB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr9.72 Mil. Therefore, Safe at Sea AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.88%.
The historical rank and industry rank for Safe at Sea AB's Return-on-Tangible-Equity or its related term are showing as below:
XSAT:SAFE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -98.25 Med: -53.71 Max: 29.6
Current: 28.54
During the past 13 years, Safe at Sea AB's highest Return-on-Tangible-Equity was 29.60%. The lowest was -98.25%. And the median was -53.71%.
XSAT:SAFE's Return-on-Tangible-Equity is ranked better than 76.86% of 1007
companies
in the Business Services industry
Industry Median: 10.73
vs XSAT:SAFE: 28.54
Safe at Sea AB (XSAT:SAFE) 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.
Safe at Sea AB Return-on-Tangible-Equity Related Terms
Safe at Sea AB Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Safe at Sea 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.
XSAT:SAFE vs ALLE, MSA, ADT: Return-on-Tangible-Equity Comparison
For the Security & Protection Services subindustry, Safe at Sea 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.
Safe at Sea AB Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Safe at Sea AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Safe at Sea 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 9.88% mean?
Safe at Sea AB (XSAT:SAFE) has a Return-on-Tangible-Equity of 9.88% 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 Safe at Sea AB and its competitors. According to the industry distribution chart, Safe at Sea AB ranks #233 out of 1007 companies in the Business Services industry, placing it in the top 23.1%.
Is Safe at Sea AB's Return-on-Tangible-Equity too high?
Safe at Sea AB's current Return-on-Tangible-Equity is 9.88%. The Business Services industry median Return-on-Tangible-Equity is 10.73. Safe at Sea AB's value of 9.88% is 7.9% below this industry median. Based on the distribution chart, Safe at Sea AB ranks #233 out of 1007 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Safe at Sea AB has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Safe at Sea AB's Return-on-Tangible-Equity compare to ALLE and MSA?
According to the Business Services industry distribution chart, Safe at Sea AB ranks #233 out of 1007 companies for Return-on-Tangible-Equity. This places Safe at Sea AB in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.73. Safe at Sea AB's value of 9.88% is 7.9% below this benchmark. 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 10.73, based on 1,007 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. Safe at Sea AB's current Return-on-Tangible-Equity of 9.88% is 7.9% 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 Safe at Sea AB and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safe at Sea AB's current Return-on-Tangible-Equity is 9.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safe at Sea AB stock overvalued right now?
Based on GuruFocus' analysis, Safe at Sea AB (XSAT:SAFE) is currently considered Modestly Overvalued. The stock's GF Value™ is kr0.97, compared to a current price of kr1.22 — trading 25.3% above its estimated fair value. The current Return-on-Tangible-Equity is 9.88% and 7.9% below the Business Services industry median of 10.73. Safe at Sea AB's overall GF Score™ is 43/100 with 3 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 Safe at Sea AB (XSAT:SAFE), the current Return-on-Tangible-Equity is 9.88% 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 Safe at Sea AB (XSAT:SAFE) Overvalued in 2026?
Based on GuruFocus' analysis, Safe at Sea AB stock appears to be overvalued.
The current stock price of kr1.22 is trading 25.3% above its estimated GF Value™ of kr0.97.
GuruFocus considers Safe at Sea AB to be Modestly Overvalued.
Key valuation signals for XSAT:SAFE:
Return-on-Tangible-Equity: 9.88%
GF Value™: kr0.97 vs. price of kr1.22 (25.3% above fair value)
Industry Position: 7.9% below the Business Services median (#233 of 1007)
No single metric tells the full story. See the XSAT:SAFE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Safe at Sea AB engages in the production, promotion, and sale of sea rescue equipment and systems worldwide. It principally produces Rescuerunner and Guardrunner.
43GF Score
Get the complete analysis for XSAT:SAFE
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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