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.
Nedap NVFRA:NE3 -1.01%91 Return-on-Tangible-Asset is 24.06% as of Jun. 2026, which is 61% above its 10-year median of 14.99. GuruFocus rates FRA:NE3 with a GF Score™ of 91/100 and a GF Value™ of €74.29 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,893 Software companies, Nedap NV ranks better than 93.33% 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. Nedap NV's annualizedNet Income for the quarter that ended in Jun. 2026 was €29.5 Mil. Nedap NV's average total tangible assets for the quarter that ended in Jun. 2026 was €122.4 Mil. Therefore, Nedap NV's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 24.06%.
The historical rank and industry rank for Nedap NV's Return-on-Tangible-Asset or its related term are showing as below:
FRA:NE3'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 9.81 Med: 14.99 Max: 24.87
Current: 23.33
During the past 13 years, Nedap NV's highest Return-on-Tangible-Asset was 24.87%. The lowest was 9.81%. And the median was 14.99%.
FRA:NE3's Return-on-Tangible-Asset is ranked better than 93.33% of 2893
companies
in the Software industry
Industry Median: 2.07
vs FRA:NE3: 23.33
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.
Nedap NV Return-on-Tangible-Asset Related Terms
Nedap NV Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Nedap 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.
FRA:NE3 vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, Nedap 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.
Nedap NV Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Nedap NV's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nedap 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 24.06% mean?
Nedap NV (FRA:NE3) has a Return-on-Tangible-Asset of 24.06% 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 Nedap NV and its competitors. This is 61% above median its historical median of 14.99. Over the past decade, Nedap NV's Return-on-Tangible-Asset has ranged from 9.81 to 24.87. According to the industry distribution chart, Nedap NV ranks #193 out of 2893 companies in the Software industry, placing it in the top 6.7%.
Is Nedap NV's Return-on-Tangible-Asset too high?
Nedap NV's current Return-on-Tangible-Asset of 24.06% is 61% above median its 10-year median of 14.99. Over the past 10 years, this metric has ranged from a low of 9.81 to a high of 24.87. The Software industry median Return-on-Tangible-Asset is 2.07. Nedap NV's value of 24.06% is 1062.3% above this industry median. Based on the distribution chart, Nedap NV ranks #193 out of 2893 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Nedap NV has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nedap NV's Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Nedap NV ranks #193 out of 2893 companies for Return-on-Tangible-Asset. This places Nedap NV in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.07. Nedap NV's value of 24.06% is 1062.3% above this benchmark. Historically, Nedap NV's own Return-on-Tangible-Asset has ranged from 9.81 to 24.87 over the past decade. While the company's 10-year median is 14.99 vs. the industry median of 2.07, Nedap NV 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 a Software company?
The median Return-on-Tangible-Asset among Software companies is 2.07, based on 2,893 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. Nedap NV's current Return-on-Tangible-Asset of 24.06% is 1062.3% 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 Nedap NV and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nedap NV's current Return-on-Tangible-Asset is 24.06%, which is 61% above median its own 10-year median of 14.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nedap NV stock overvalued right now?
Based on GuruFocus' analysis, Nedap NV (FRA:NE3) is currently considered Significantly Overvalued. The stock's GF Value™ is €74.29, compared to a current price of €98.50 — trading 32.6% above its estimated fair value. The current Return-on-Tangible-Asset is 24.06%, which is 61% above median its 10-year median of 14.99 and 1062.3% above the Software industry median of 2.07. Nedap NV's overall GF Score™ is 91/100 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 Nedap NV (FRA:NE3), the current Return-on-Tangible-Asset is 24.06% 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 Nedap NV (FRA:NE3) Overvalued in 2026?
Based on GuruFocus' analysis, Nedap NV stock appears to be overvalued.
The current stock price of €98.50 is trading 32.6% above its estimated GF Value™ of €74.29.
GuruFocus considers Nedap NV to be Significantly Overvalued.
Key valuation signals for FRA:NE3:
Return-on-Tangible-Asset: 24.06% (61% above median its 10-year median of 14.99)
GF Value™: €74.29 vs. price of €98.50 (32.6% above fair value)
Industry Position: 1062.3% above the Software median (#193 of 2893)
No single metric tells the full story. See the FRA:NE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nedap NV develops and markets SaaS solutions and care technology products that support healthcare institutions in the Netherlands in planning, registering, and administering care processes. It also provides driver technology for UV lamps used in industrial curing and disinfection. Within UV disinfection, these include systems for drinking and wastewater treatment, as well as ultrapure water systems for the microelectronics and semiconductor industries.
91GF Score
Get the complete analysis for FRA:NE3
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:NE3 has been successfully added to your 
