Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Nelly Group AB's annualizedNet Income for the quarter that ended in Jun. 2026 was €11.1 Mil. Nelly Group AB's average total tangible assets for the quarter that ended in Jun. 2026 was €84.4 Mil. Therefore, Nelly Group AB's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 13.15%.
The historical rank and industry rank for Nelly Group AB's Return-on-Tangible-Asset or its related term are showing as below:
FRA:CD20'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.34 Med: -0.56 Max: 23.96
Current: 15.15
During the past 13 years, Nelly Group AB's highest Return-on-Tangible-Asset was 23.96%. The lowest was -9.34%. And the median was -0.56%.
FRA:CD20's Return-on-Tangible-Asset is ranked better than 91.25% of 1131
companies
in the Retail - Cyclical industry
Industry Median: 2.91
vs FRA:CD20: 15.15
Nelly Group AB (FRA:CD20) 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.
Nelly Group AB Return-on-Tangible-Asset Related Terms
Nelly Group AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Nelly Group AB'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.
FRA:CD20 vs TJX, ROST, BURL: Return-on-Tangible-Asset Comparison
For the Apparel Retail subindustry, Nelly Group AB'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.
Nelly Group AB Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Nelly Group AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nelly Group AB'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 13.15% mean?
Nelly Group AB (FRA:CD20) has a Return-on-Tangible-Asset of 13.15% 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 Nelly Group AB and its competitors. According to the industry distribution chart, Nelly Group AB ranks #99 out of 1131 companies in the Retail - Cyclical industry, placing it in the top 8.8%.
Is Nelly Group AB's Return-on-Tangible-Asset too high?
Nelly Group AB's current Return-on-Tangible-Asset is 13.15%. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.91. Nelly Group AB's value of 13.15% is 351.9% above this industry median. Based on the distribution chart, Nelly Group AB ranks #99 out of 1131 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Nelly Group AB has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nelly Group AB's Return-on-Tangible-Asset compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Nelly Group AB ranks #99 out of 1131 companies for Return-on-Tangible-Asset. This places Nelly Group AB in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.91. Nelly Group AB's value of 13.15% is 351.9% above this benchmark. 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 Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 2.91, based on 1,131 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. Nelly Group AB's current Return-on-Tangible-Asset of 13.15% is 351.9% 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 Nelly Group AB and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nelly Group AB's current Return-on-Tangible-Asset is 13.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nelly Group AB stock overvalued right now?
Based on GuruFocus' analysis, Nelly Group AB (FRA:CD20) is currently considered Fairly Valued. The stock's GF Value™ is €3.08, compared to a current price of €3.08 — trading 0.1% above its estimated fair value. The current Return-on-Tangible-Asset is 13.15% and 351.9% above the Retail - Cyclical industry median of 2.91. Nelly Group AB's overall GF Score™ is 64/100 with 4 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 Nelly Group AB (FRA:CD20), the current Return-on-Tangible-Asset is 13.15% 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 Nelly Group AB (FRA:CD20) Overvalued in 2026?
Based on GuruFocus' analysis, Nelly Group AB stock appears to be overvalued.
The current stock price of €3.08 is trading 0.1% above its estimated GF Value™ of €3.08.
GuruFocus considers Nelly Group AB to be Fairly Valued.
Key valuation signals for FRA:CD20:
Return-on-Tangible-Asset: 13.15%
GF Value™: €3.08 vs. price of €3.08 (0.1% above fair value)
Industry Position: 351.9% above the Retail - Cyclical median (#99 of 1131)
No single metric tells the full story. See the FRA:CD20 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nelly Group AB is active in the retail industry. The company offers a wide range of fashion and accessories to mainly young women in the Nordic region. At the core is the own brand Nelly, which is marketed and sold in combination with a well-composed portfolio of external brands. The company sells directly to its target group via digital customers, mainly Nelly.com. Geographically, the company generates a majority of its revenue from Sweden, and the rest from Other Nordic regions, and the Rest of the world.
64GF Score
Get the complete analysis for FRA:CD20
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
FRA:CD20 has been successfully added to your 
