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NorcrosCHIX:NXRL -0.16%72 Return-on-Tangible-Asset is -0.17% as of Mar. 2026. GuruFocus rates CHIX:NXRL with a GF Score™ of 72/100 and a GF Value™ of £2.54 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,781 Construction companies, Norcros ranks worse than 73.05% 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. Norcros's annualizedNet Income for the quarter that ended in Mar. 2026 was £-0.4 Mil. Norcros's average total tangible assets for the quarter that ended in Mar. 2026 was £242.1 Mil. Therefore, Norcros's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.17%.
The historical rank and industry rank for Norcros's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:NXRl'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.12 Med: 5.47 Max: 10.54
Current: 0.13
During the past 13 years, Norcros's highest Return-on-Tangible-Asset was 10.54%. The lowest was 0.12%. And the median was 5.47%.
CHIX:NXRl's Return-on-Tangible-Asset is ranked worse than 73.05% of 1781
companies
in the Construction industry
Industry Median: 3.05
vs CHIX:NXRl: 0.13
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.
Norcros Return-on-Tangible-Asset Related Terms
Norcros Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Norcros'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:NXRL vs TT, JCI, CARR: Return-on-Tangible-Asset Comparison
For the Building Products & Equipment subindustry, Norcros'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.
Norcros Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Norcros's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Norcros'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -0.17% mean?
Norcros (CHIX:NXRL) has a Return-on-Tangible-Asset of -0.17% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Norcros and its competitors. Over the past decade, Norcros' Return-on-Tangible-Asset has ranged from 0.12 to 10.54. According to the industry distribution chart, Norcros ranks #1301 out of 1781 companies in the Construction industry, placing it in the top 73%.
Is Norcros' Return-on-Tangible-Asset too high?
Norcros' current Return-on-Tangible-Asset is -0.17%. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 10.54. Based on the distribution chart, Norcros ranks #1301 out of 1781 companies in the Construction industry, which is below the industry midpoint. Overall, Norcros has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norcros' Return-on-Tangible-Asset compare to TT and JCI?
According to the Construction industry distribution chart, Norcros ranks #1301 out of 1781 companies for Return-on-Tangible-Asset. This places Norcros in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.05. Historically, Norcros' own Return-on-Tangible-Asset has ranged from 0.12 to 10.54 over the past decade. 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.05, based on 1,781 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 Norcros and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norcros's current Return-on-Tangible-Asset is -0.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norcros stock overvalued right now?
Based on GuruFocus' analysis, Norcros (CHIX:NXRL) is currently considered Modestly Overvalued. The stock's GF Value™ is £2.54, compared to a current price of £3.17 — trading 24.6% above its estimated fair value. The current Return-on-Tangible-Asset is -0.17%. Norcros' overall GF Score™ is 72/100 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 Norcros (CHIX:NXRL), the current Return-on-Tangible-Asset is -0.17% as of Mar. 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 Norcros (CHIX:NXRL) Overvalued in 2026?
Based on GuruFocus' analysis, Norcros stock appears to be overvalued.
The current stock price of £3.17 is trading 24.6% above its estimated GF Value™ of £2.54.
GuruFocus considers Norcros to be Modestly Overvalued.
Key valuation signals for CHIX:NXRL:
Return-on-Tangible-Asset: -0.17%
GF Value™: £2.54 vs. price of £3.17 (24.6% above fair value)
No single metric tells the full story. See the CHIX:NXRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norcros PLC manufactures and markets showers, taps, bathroom accessories, tiles, and adhesives. The company has complementary UK businesses: Triton Showers, Merlyn, Vado, Croydex, Abode, Johnson Tiles, and Norcros Adhesives both for domestic and commercial applications, and three complementary businesses in South Africa: Johnson Tiles South Africa, TAL, and Tile Africa. The Group operates in two main geographical areas: the UK and Ireland and South Africa. The maximum revenue is generated from its business in the United Kingdom.
72GF Score
Get the complete analysis for CHIX:NXRL
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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