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National for Tourism HotelsADX:NCTH +0.68%69 Return-on-Tangible-Asset is 8.95% as of Dec. 2025, which is 92% above its 10-year median of 4.65. GuruFocus rates ADX:NCTH with a GF Score™ of 69/100 and a GF Value™ of د.إ3.59 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 857 Travel & Leisure companies, National for Tourism Hotels ranks better than 80.98% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. National for Tourism Hotels's annualizedNet Income for the quarter that ended in Dec. 2025 was د.إ401 Mil. National for Tourism Hotels's average total tangible assets for the quarter that ended in Dec. 2025 was د.إ4,480 Mil. Therefore, National for Tourism Hotels's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 8.95%.
The historical rank and industry rank for National for Tourism Hotels's Return-on-Tangible-Asset or its related term are showing as below:
ADX:NCTH'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.24 Med: 4.65 Max: 13.71
Current: 8.95
During the past 13 years, National for Tourism Hotels's highest Return-on-Tangible-Asset was 13.71%. The lowest was 2.24%. And the median was 4.65%.
ADX:NCTH's Return-on-Tangible-Asset is ranked better than 80.98% of 857
companies
in the Travel & Leisure industry
Industry Median: 2.86
vs ADX:NCTH: 8.95
National for Tourism Hotels (ADX:NCTH) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
National for Tourism Hotels Return-on-Tangible-Asset Related Terms
National for Tourism Hotels Return-on-Tangible-Asset Historical Data
* 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.
National for Tourism Hotels Return-on-Tangible-Asset Chart
ADX:NCTH vs MAR, HLT, H: Return-on-Tangible-Asset Comparison
For the Lodging subindustry, National for Tourism Hotels's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
National for Tourism Hotels Return-on-Tangible-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, National for Tourism Hotels's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where National for Tourism Hotels's Return-on-Tangible-Asset 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is one times the annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 8.95% mean?
National for Tourism Hotels (ADX:NCTH) has a Return-on-Tangible-Asset of 8.95% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on National for Tourism Hotels and its competitors. This is 92% above median its historical median of 4.65. Over the past decade, National for Tourism Hotels' Return-on-Tangible-Asset has ranged from 2.24 to 13.71. According to the industry distribution chart, National for Tourism Hotels ranks #163 out of 857 companies in the Travel & Leisure industry, placing it in the top 19%.
Is National for Tourism Hotels' Return-on-Tangible-Asset too high?
National for Tourism Hotels' current Return-on-Tangible-Asset of 8.95% is 92% above median its 10-year median of 4.65. Over the past 10 years, this metric has ranged from a low of 2.24 to a high of 13.71. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.86. National for Tourism Hotels' value of 8.95% is 212.9% above this industry median. Based on the distribution chart, National for Tourism Hotels ranks #163 out of 857 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, National for Tourism Hotels has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National for Tourism Hotels' Return-on-Tangible-Asset compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, National for Tourism Hotels ranks #163 out of 857 companies for Return-on-Tangible-Asset. This places National for Tourism Hotels in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.86. National for Tourism Hotels' value of 8.95% is 212.9% above this benchmark. Historically, National for Tourism Hotels' own Return-on-Tangible-Asset has ranged from 2.24 to 13.71 over the past decade. While the company's 10-year median is 4.65 vs. the industry median of 2.86, National for Tourism Hotels 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-Asset for a Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.86, based on 857 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National for Tourism Hotels's current Return-on-Tangible-Asset of 8.95% is 212.9% 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on National for Tourism Hotels and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National for Tourism Hotels's current Return-on-Tangible-Asset is 8.95%, which is 92% above median its own 10-year median of 4.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National for Tourism Hotels stock overvalued right now?
Based on GuruFocus' analysis, National for Tourism Hotels (ADX:NCTH) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ3.59, compared to a current price of د.إ1.48 — trading 58.8% below its estimated fair value. The current Return-on-Tangible-Asset is 8.95%, which is 92% above median its 10-year median of 4.65 and 212.9% above the Travel & Leisure industry median of 2.86. National for Tourism Hotels' overall GF Score™ is 69/100 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-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For National for Tourism Hotels (ADX:NCTH), the current Return-on-Tangible-Asset is 8.95% as of Dec. 2025. 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 National for Tourism Hotels (ADX:NCTH) Overvalued in 2026?
Based on GuruFocus' analysis, National for Tourism Hotels stock appears to be undervalued.
The current stock price of د.إ1.48 is trading 58.8% below its estimated GF Value™ of د.إ3.59.
GuruFocus considers National for Tourism Hotels to be Significantly Undervalued.
Key valuation signals for ADX:NCTH:
Return-on-Tangible-Asset: 8.95% (92% above median its 10-year median of 4.65)
GF Value™: د.إ3.59 vs. price of د.إ1.48 (58.8% below fair value)
Industry Position: 212.9% above the Travel & Leisure median (#163 of 857)
No single metric tells the full story. See the ADX:NCTH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Corp for Tourism Hotels owns, manages, and invests in hotels and leisure complexes. The company operates through four main segments: Hotels, which provide room and food and beverage services to customers; Retail services, offering beverage sales to customers; Catering services, which deliver contract-based catering solutions; and Holding, responsible for managing the corporation's investments, overseeing hotel development and management, and coordinating overall corporate activities. It generates maximum revenue from the Catering Services segment. Geographically, it operates only in the United Arab Emirates (UAE).
69GF Score
Get the complete analysis for ADX:NCTH
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