NIS AD (XBEL:NIIS) Research & Development: RSD219 Mil (TTM As of Mar. 2026)


XBEL:NIIS NIS AD XBEL:NIIS
18 GF Score
Price RSD705.00
GF Value RSD705.03
! 3 Warning Signs
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What is NIS AD Research & Development?

NIS AD XBEL:NIIS 18 Research & Development is RSD219 Mil as of Mar. 2026. GuruFocus rates XBEL:NIIS with a GF Score™ of 18/100 and a GF Value™ of RSD705.03. The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. NIS AD's Research & Development for the three months ended in Mar. 2026 was RSD0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was RSD219 Mil.

NIS AD  (XBEL:NIIS) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

NIS AD Research & Development Related Terms

NIS AD Research & Development Historical Data

* Premium members only.

The historical data trend for NIS AD's Research & Development 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.

NIS AD Research & Development Chart

NIS AD Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

NIS AD Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 219.36 0.00
XBEL:NIIS
18GF Score
NIS AD XBEL:NIIS
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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NIS AD Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RSD219 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of RSD219 Mil mean?
NIS AD (XBEL:NIIS) has a Research & Development of RSD219 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on NIS AD and its competitors.
Is NIS AD's Research & Development too high?
NIS AD's current Research & Development is RSD219 Mil. Overall, NIS AD has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does NIS AD's Research & Development compare to PSX and MPC?
NIS AD's Research & Development of RSD219 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Oil & Gas company?
A good Research & Development depends on the Oil & Gas industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on NIS AD and its competitors. NIS AD's current Research & Development is RSD219 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIS AD stock overvalued right now?
NIS AD (XBEL:NIIS) has a current Research & Development of RSD219 Mil. The stock's GF Value™ is RSD705.03, compared to a current price of RSD705.00 — trading 0% below its estimated fair value. The current Research & Development is RSD219 Mil. NIS AD's overall GF Score™ is 18/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For NIS AD (XBEL:NIIS), the current Research & Development is RSD219 Mil 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 NIS AD (XBEL:NIIS) Overvalued in 2026?

Based on GuruFocus' analysis, NIS AD stock appears to be undervalued. The current stock price of RSD705.00 is trading 0% below its estimated GF Value™ of RSD705.03.

Key valuation signals for XBEL:NIIS:

  • Research & Development: RSD219 Mil
  • GF Value™: RSD705.03 vs. price of RSD705.00 (0% below fair value)
  • GF Score™: 18/100 with 3 warning signs

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

NIS AD Business Description

Industry EnergyOil & Gas
Address Narodnog Fronta 12, Novi Sad, SRB, 21000
NIS AD is vertically-integrated energy company operating in Serbia. It engages in the exploration, production, and development of crude oil and gas as well as the production of refined petroleum products, petroleum products and gas trading and electric generation and trading. NIS operates through two segments namely Upstream and Downstream. The Upstream segment includes exploration, development, and production of crude oil and natural gas and oil field services whereas the Downstream segment includes refining and marketing, processing of crude oil into refined products and purchases, sale and transport of crude and refined petroleum products. The company's products are compressed natural gas, motor fuels, energy fuels, oils and lubricants, petrochemical products, and other products.
18GF Score

Get the complete analysis for XBEL:NIIS

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RSD705.00
Price
RSD705.03
GF Value