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NSI NVCHIX:NSIA 62 Return-on-Tangible-Asset is -2.60% as of Jun. 2026. GuruFocus rates CHIX:NSIA with a GF Score™ of 62/100 and a GF Value™ of €19.80 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 929 REITs companies, NSI NV ranks worse than 85.79% 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. NSI NV's annualizedNet Income for the quarter that ended in Jun. 2026 was €-26.67 Mil. NSI NV's average total tangible assets for the quarter that ended in Jun. 2026 was €1,025.03 Mil. Therefore, NSI NV's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -2.60%.
The historical rank and industry rank for NSI NV's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:NSIa'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -12.03 Med: 0.11 Max: 15.66
Current: -1.53
During the past 13 years, NSI NV's highest Return-on-Tangible-Asset was 15.66%. The lowest was -12.03%. And the median was 0.11%.
CHIX:NSIa's Return-on-Tangible-Asset is ranked worse than 85.79% of 929
companies
in the REITs industry
Industry Median: 3.27
vs CHIX:NSIa: -1.53
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.
NSI NV Return-on-Tangible-Asset Related Terms
NSI NV Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for NSI 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.
CHIX:NSIA vs BXP, ARE, VNO: Return-on-Tangible-Asset Comparison
For the REIT - Office subindustry, NSI 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.
NSI NV Return-on-Tangible-Asset vs REITs Industry
For the REITs industry and Real Estate sector, NSI NV's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where NSI 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 two times the semi-annual (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of -2.60% mean?
NSI NV (CHIX:NSIA) has a Return-on-Tangible-Asset of -2.60% 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 NSI NV and its competitors. According to the industry distribution chart, NSI NV ranks #797 out of 929 companies in the REITs industry, placing it in the top 85.8%.
Is NSI NV's Return-on-Tangible-Asset too high?
NSI NV's current Return-on-Tangible-Asset is -2.60%. Based on the distribution chart, NSI NV ranks #797 out of 929 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, NSI NV has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NSI NV's Return-on-Tangible-Asset compare to BXP and ARE?
According to the REITs industry distribution chart, NSI NV ranks #797 out of 929 companies for Return-on-Tangible-Asset. This places NSI NV in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.27. 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 REITs company?
The median Return-on-Tangible-Asset among REITs companies is 3.27, based on 929 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 NSI NV and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NSI NV's current Return-on-Tangible-Asset is -2.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NSI NV stock overvalued right now?
Based on GuruFocus' analysis, NSI NV (CHIX:NSIA) is currently considered Modestly Undervalued. The stock's GF Value™ is €19.80, compared to a current price of €17.53 — trading 11.5% below its estimated fair value. The current Return-on-Tangible-Asset is -2.60%. NSI NV's overall GF Score™ is 62/100 with 3 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 NSI NV (CHIX:NSIA), the current Return-on-Tangible-Asset is -2.60% 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 NSI NV (CHIX:NSIA) Overvalued in 2026?
Based on GuruFocus' analysis, NSI NV stock appears to be undervalued.
The current stock price of €17.53 is trading 11.5% below its estimated GF Value™ of €19.80.
GuruFocus considers NSI NV to be Modestly Undervalued.
Key valuation signals for CHIX:NSIA:
Return-on-Tangible-Asset: -2.60%
GF Value™: €19.80 vs. price of €17.53 (11.5% below fair value)
No single metric tells the full story. See the CHIX:NSIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NSI NV is a real estate investment trust. The company invests in commercial properties with its portfolio of income-producing assets, including shopping centers, high street retail, neighborhood centers, and retail parks.
62GF Score
Get the complete analysis for CHIX:NSIA
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