North Americanome Trust (The) (CHIX:NAITL) Return-on-Tangible-Asset: 16.96% (As of Jan. 2026) — 164% Above Median

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CHIX:NAITL North American Income Trust (The) PLC CHIX:NAITL
56 GF Score
Price £4.47
GF Value £2.81
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is North Americanome Trust (The) Return-on-Tangible-Asset?

North Americanome Trust (The) CHIX:NAITL +1.59% 56 Return-on-Tangible-Asset is 16.96% as of Jan. 2026, which is 164% above its 10-year median of 6.42. GuruFocus rates CHIX:NAITL with a GF Score™ of 56/100 and a GF Value™ of £2.81 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,637 Asset Management companies, North Americanome Trust (The) ranks better than 62.06% 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. North Americanome Trust (The)'s annualized Net Income for the quarter that ended in Jan. 2026 was £83.55 Mil. North Americanome Trust (The)'s average total tangible assets for the quarter that ended in Jan. 2026 was £492.67 Mil. Therefore, North Americanome Trust (The)'s annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 was 16.96%.

The historical rank and industry rank for North Americanome Trust (The)'s Return-on-Tangible-Asset or its related term are showing as below:

CHIX:NAITl' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.66   Med: 6.42   Max: 32.07
Current: 6.96

During the past 13 years, North Americanome Trust (The)'s highest Return-on-Tangible-Asset was 32.07%. The lowest was -5.66%. And the median was 6.42%.

CHIX:NAITl's Return-on-Tangible-Asset is ranked better than
62.06% of 1637 companies
in the Asset Management industry
Industry Median: 4.33 vs CHIX:NAITl: 6.96

North Americanome Trust (The)  (CHIX:NAITl) 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 company’s 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 company’s 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.


North Americanome Trust (The) Return-on-Tangible-Asset Related Terms


North Americanome Trust (The) Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for North Americanome Trust (The)'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.

North Americanome Trust (The) Return-on-Tangible-Asset Chart

North Americanome Trust (The) Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.71 8.31 -1.85 18.32 6.82

North Americanome Trust (The) Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Return-on-Tangible-Asset 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 3.97 18.47 18.20 -2.82 16.96

CHIX:NAITL vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison

For the Asset Management subindustry, North Americanome Trust (The)'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.


North Americanome Trust (The) Return-on-Tangible-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, North Americanome Trust (The)'s Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where North Americanome Trust (The)'s Return-on-Tangible-Asset falls into.


CHIX:NAITL
56GF Score
North American Income Trust (The) PLC CHIX:NAITL
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

North Americanome Trust (The) Return-on-Tangible-Asset Calculation

North Americanome Trust (The)'s annualized Return-on-Tangible-Asset for the fiscal year that ended in Jan. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jan. 2026 )  (A: Jan. 2025 )(A: Jan. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jan. 2026 )  (A: Jan. 2025 )(A: Jan. 2026 )
=34.763/( (513.729+505.617)/ 2 )
=34.763/509.673
=6.82 %

North Americanome Trust (The)'s annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jan. 2026 )  (Q: Jul. 2025 )(Q: Jan. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jan. 2026 )  (Q: Jul. 2025 )(Q: Jan. 2026 )
=83.552/( (479.717+505.617)/ 2 )
=83.552/492.667
=16.96 %

* 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 two times the semi-annual (Jan. 2026) net income data.

What does a Return-on-Tangible-Asset of 16.96% mean?
North Americanome Trust (The) (CHIX:NAITL) has a Return-on-Tangible-Asset of 16.96% as of Jan. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on North Americanome Trust (The) and its competitors. This is 164% above median its historical median of 6.42. According to the industry distribution chart, North Americanome Trust (The) ranks #621 out of 1637 companies in the Asset Management industry, placing it in the top 37.9%.
Is North Americanome Trust (The)'s Return-on-Tangible-Asset too high?
North Americanome Trust (The)'s current Return-on-Tangible-Asset of 16.96% is 164% above median its 10-year median of 6.42. The Asset Management industry median Return-on-Tangible-Asset is 4.33. North Americanome Trust (The)'s value of 16.96% is 291.7% above this industry median. Based on the distribution chart, North Americanome Trust (The) ranks #621 out of 1637 companies in the Asset Management industry, which is above the industry midpoint. Overall, North Americanome Trust (The) has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does North Americanome Trust (The)'s Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, North Americanome Trust (The) ranks #621 out of 1637 companies for Return-on-Tangible-Asset. This puts North Americanome Trust (The) in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.33. North Americanome Trust (The)'s value of 16.96% is 291.7% above this benchmark. While the company's 10-year median is 6.42 vs. the industry median of 4.33, North Americanome Trust (The) 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 an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.33, based on 1,637 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. North Americanome Trust (The)'s current Return-on-Tangible-Asset of 16.96% is 291.7% 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 North Americanome Trust (The) and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North Americanome Trust (The)'s current Return-on-Tangible-Asset is 16.96%, which is 164% above median its own 10-year median of 6.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Americanome Trust (The) stock overvalued right now?
Based on GuruFocus' analysis, North Americanome Trust (The) (CHIX:NAITL) is currently considered Significantly Overvalued. The stock's GF Value™ is £2.81, compared to a current price of £4.47 — trading 59.1% above its estimated fair value. The current Return-on-Tangible-Asset is 16.96%, which is 164% above median its 10-year median of 6.42 and 291.7% above the Asset Management industry median of 4.33. North Americanome Trust (The)'s overall GF Score™ is 56/100 with 6 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 North Americanome Trust (The) (CHIX:NAITL), the current Return-on-Tangible-Asset is 16.96% as of Jan. 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 North Americanome Trust (The) (CHIX:NAITL) Overvalued in 2026?

Based on GuruFocus' analysis, North Americanome Trust (The) stock appears to be overvalued. The current stock price of £4.47 is trading 59.1% above its estimated GF Value™ of £2.81. GuruFocus considers North Americanome Trust (The) to be Significantly Overvalued.

Key valuation signals for CHIX:NAITL:

  • Return-on-Tangible-Asset: 16.96% (164% above median its 10-year median of 6.42)
  • GF Value™: £2.81 vs. price of £4.47 (59.1% above fair value)
  • GF Score™: 56/100 with 6 warning signs
  • Industry Position: 291.7% above the Asset Management median (#621 of 1637)

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


North Americanome Trust (The) Business Description

Other Exchanges NAIT:UK
Address 4 North St. Andrew Street, Edinburgh, GBR, EH2 1HJ
North American Income Trust (The) PLC is a closed-end investment company. The objective of the company is to provide investors with above average dividend income and long-term capital growth through active management of a portfolio consisting predominately of S&P 500 U.S. equities.
56GF Score

Get the complete analysis for CHIX:NAITL

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£4.47
Price
£2.81
GF Value