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Akzo Nobel NVAKZOF 73 Return-on-Tangible-Asset is 4.64% as of Jun. 2026, which is 28% below its 10-year median of 6.44. GuruFocus rates AKZOF with a GF Score™ of 73/100 and a GF Value™ of $63.71 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,613 Chemicals companies, Akzo Nobel NV ranks better than 69% 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. Akzo Nobel NV's annualizedNet Income for the quarter that ended in Jun. 2026 was $641 Mil. Akzo Nobel NV's average total tangible assets for the quarter that ended in Jun. 2026 was $13,804 Mil. Therefore, Akzo Nobel NV's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 4.64%.
The historical rank and industry rank for Akzo Nobel NV's Return-on-Tangible-Asset or its related term are showing as below:
AKZOF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.38 Med: 6.44 Max: 47.51
Current: 5.83
During the past 13 years, Akzo Nobel NV's highest Return-on-Tangible-Asset was 47.51%. The lowest was 3.38%. And the median was 6.44%.
AKZOF's Return-on-Tangible-Asset is ranked better than 69% of 1613
companies
in the Chemicals industry
Industry Median: 3.11
vs AKZOF: 5.83
Akzo Nobel NV (OTCPK:AKZOF) 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.
Akzo Nobel NV Return-on-Tangible-Asset Related Terms
Akzo Nobel NV Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Akzo Nobel NV's Return-on-Tangible-Asset 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.
AKZOF vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Akzo Nobel NV'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.
Akzo Nobel NV Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Akzo Nobel NV's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Akzo Nobel NV'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 four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.64% mean?
Akzo Nobel NV (AKZOF) has a Return-on-Tangible-Asset of 4.64% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Akzo Nobel NV and its competitors. This is 28% below median its historical median of 6.44. Over the past decade, Akzo Nobel NV's Return-on-Tangible-Asset has ranged from 3.38 to 47.51. According to the industry distribution chart, Akzo Nobel NV ranks #500 out of 1613 companies in the Chemicals industry, placing it in the top 31%.
Is Akzo Nobel NV's Return-on-Tangible-Asset too high?
Akzo Nobel NV's current Return-on-Tangible-Asset of 4.64% is 28% below median its 10-year median of 6.44. Over the past 10 years, this metric has ranged from a low of 3.38 to a high of 47.51. The Chemicals industry median Return-on-Tangible-Asset is 3.11. Akzo Nobel NV's value of 4.64% is 49.2% above this industry median. Based on the distribution chart, Akzo Nobel NV ranks #500 out of 1613 companies in the Chemicals industry, which is above the industry midpoint. Overall, Akzo Nobel NV has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Akzo Nobel NV's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Akzo Nobel NV ranks #500 out of 1613 companies for Return-on-Tangible-Asset. This puts Akzo Nobel NV in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.11. Akzo Nobel NV's value of 4.64% is 49.2% above this benchmark. Historically, Akzo Nobel NV's own Return-on-Tangible-Asset has ranged from 3.38 to 47.51 over the past decade. While the company's 10-year median is 6.44 vs. the industry median of 3.11, Akzo Nobel NV 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.11, based on 1,613 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. Akzo Nobel NV's current Return-on-Tangible-Asset of 4.64% is 49.2% 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 Akzo Nobel NV and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Akzo Nobel NV's current Return-on-Tangible-Asset is 4.64%, which is 28% below median its own 10-year median of 6.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akzo Nobel NV stock overvalued right now?
Based on GuruFocus' analysis, Akzo Nobel NV (AKZOF) is currently considered Fairly Valued. The stock's GF Value™ is $63.71, compared to a current price of $67.50 — trading 5.9% above its estimated fair value. The current Return-on-Tangible-Asset is 4.64%, which is 28% below median its 10-year median of 6.44 and 49.2% above the Chemicals industry median of 3.11. Akzo Nobel NV's overall GF Score™ is 73/100 with 9 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 Akzo Nobel NV (AKZOF), the current Return-on-Tangible-Asset is 4.64% as of Jun. 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 Akzo Nobel NV (AKZOF) Overvalued in 2026?
Based on GuruFocus' analysis, Akzo Nobel NV stock appears to be overvalued.
The current stock price of $67.50 is trading 5.9% above its estimated GF Value™ of $63.71.
GuruFocus considers Akzo Nobel NV to be Fairly Valued.
Key valuation signals for AKZOF:
Return-on-Tangible-Asset: 4.64% (28% below median its 10-year median of 6.44)
GF Value™: $63.71 vs. price of $67.50 (5.9% above fair value)
Industry Position: 49.2% above the Chemicals median (#500 of 1613)
No single metric tells the full story. See the AKZOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AkzoNobel is the world's third-largest paints and coatings producer, with its largest market being Europe, the Middle East, and Africa, which accounted for roughly 48% of revenue in 2025. The company operates through two segments: decorative paints, which focuses on architectural interior and exterior coatings, and performance coatings, which serves industrial end markets such as automotive refinish, aerospace, and marine and protective applications.
73GF Score
Get the complete analysis for AKZOF
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