The historical rank and industry rank for NAOS Small Cap Opportunities Co's Return-on-Tangible-Asset or its related term are showing as below:
ASX:NSC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -18.76 Med: -1.27 Max: 30.17
Current: -9.67
During the past 13 years, NAOS Small Cap Opportunities Co's highest Return-on-Tangible-Asset was 30.17%. The lowest was -18.76%. And the median was -1.27%.
ASX:NSC's Return-on-Tangible-Asset is ranked worse than 87.09% of 1635
companies
in the Asset Management industry
Industry Median: 4.13
vs ASX:NSC: -9.67
NAOS Small Cap Opportunities Co (ASX:NSC) 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.
NAOS Small Cap Opportunities Co Return-on-Tangible-Asset Related Terms
NAOS Small Cap Opportunities Co 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.
NAOS Small Cap Opportunities Co Return-on-Tangible-Asset Chart
ASX:NSC vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, NAOS Small Cap Opportunities Co'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.
NAOS Small Cap Opportunities Co Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, NAOS Small Cap Opportunities Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where NAOS Small Cap Opportunities Co'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 (Jun. 2025) net income data.
What does a Return-on-Tangible-Asset of -9.67% mean?
NAOS Small Cap Opportunities Co (ASX:NSC) has a Return-on-Tangible-Asset of -9.67% as of Jun. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on NAOS Small Cap Opportunities Co and its competitors. According to the industry distribution chart, NAOS Small Cap Opportunities Co ranks #1424 out of 1635 companies in the Asset Management industry, placing it in the top 87.1%.
Is NAOS Small Cap Opportunities Co's Return-on-Tangible-Asset too high?
NAOS Small Cap Opportunities Co's current Return-on-Tangible-Asset is -9.67%. Based on the distribution chart, NAOS Small Cap Opportunities Co ranks #1424 out of 1635 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, NAOS Small Cap Opportunities Co has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does NAOS Small Cap Opportunities Co's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, NAOS Small Cap Opportunities Co ranks #1424 out of 1635 companies for Return-on-Tangible-Asset. This places NAOS Small Cap Opportunities Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.13. 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 an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.13, based on 1,635 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. 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 NAOS Small Cap Opportunities Co and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NAOS Small Cap Opportunities Co's current Return-on-Tangible-Asset is -9.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NAOS Small Cap Opportunities Co stock overvalued right now?
NAOS Small Cap Opportunities Co (ASX:NSC) has a current Return-on-Tangible-Asset of -9.67%. The current Return-on-Tangible-Asset is -9.67%. NAOS Small Cap Opportunities Co's overall GF Score™ is 35/100. 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 NAOS Small Cap Opportunities Co (ASX:NSC), the current Return-on-Tangible-Asset is -9.67% as of Jun. 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.
NAOS Small Cap Opportunities Co Business Description
NAOS Small Cap Opportunities Co Ltd is an investment company. The company invests in a concentrated portfolio of small-cap Australian listed equities that are outside the S&P/ASX100 Accumulation Index. The Company invests mainly in a concentrated portfolio of listed equities with the objective of providing investors with a long-term, concentrated exposure to Australian emerging companies It operates predominantly in Australia and one industry being the securities industry. The company derives revenue from dividend income, interest income and income from the investment portfolio.
35GF Score
Get the complete analysis for ASX:NSC
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:NSC has been successfully added to your 
