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Nu-World HoldingsJSE:NWL -0.91%74 Return-on-Tangible-Asset is 5.53% as of Feb. 2026, which is 34% below its 10-year median of 8.40. GuruFocus rates JSE:NWL with a GF Score™ of 74/100 and a GF Value™ of R31.68 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,501 Hardware companies, Nu-World Holdings ranks better than 67.17% 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. Nu-World Holdings's annualizedNet Income for the quarter that ended in Feb. 2026 was R94 Mil. Nu-World Holdings's average total tangible assets for the quarter that ended in Feb. 2026 was R1,700 Mil. Therefore, Nu-World Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 5.53%.
The historical rank and industry rank for Nu-World Holdings's Return-on-Tangible-Asset or its related term are showing as below:
JSE:NWL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.24 Med: 8.4 Max: 13.4
Current: 5.2
During the past 13 years, Nu-World Holdings's highest Return-on-Tangible-Asset was 13.40%. The lowest was 4.24%. And the median was 8.40%.
JSE:NWL's Return-on-Tangible-Asset is ranked better than 67.17% of 2501
companies
in the Hardware industry
Industry Median: 2.48
vs JSE:NWL: 5.20
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.
Nu-World Holdings Return-on-Tangible-Asset Related Terms
Nu-World Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Nu-World Holdings'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.
JSE:NWL vs AAPL: Return-on-Tangible-Asset Comparison
For the Consumer Electronics subindustry, Nu-World Holdings'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.
Nu-World Holdings Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Nu-World Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nu-World Holdings'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 (Feb. 2026) net income data.
What does a Return-on-Tangible-Asset of 5.53% mean?
Nu-World Holdings (JSE:NWL) has a Return-on-Tangible-Asset of 5.53% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Nu-World Holdings and its competitors. This is 34% below median its historical median of 8.40. Over the past decade, Nu-World Holdings' Return-on-Tangible-Asset has ranged from 4.24 to 13.40. According to the industry distribution chart, Nu-World Holdings ranks #821 out of 2501 companies in the Hardware industry, placing it in the top 32.8%.
Is Nu-World Holdings' Return-on-Tangible-Asset too high?
Nu-World Holdings' current Return-on-Tangible-Asset of 5.53% is 34% below median its 10-year median of 8.40. Over the past 10 years, this metric has ranged from a low of 4.24 to a high of 13.40. The Hardware industry median Return-on-Tangible-Asset is 2.48. Nu-World Holdings' value of 5.53% is 123% above this industry median. Based on the distribution chart, Nu-World Holdings ranks #821 out of 2501 companies in the Hardware industry, which is above the industry midpoint. Overall, Nu-World Holdings has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nu-World Holdings' Return-on-Tangible-Asset compare to AAPL?
According to the Hardware industry distribution chart, Nu-World Holdings ranks #821 out of 2501 companies for Return-on-Tangible-Asset. This puts Nu-World Holdings in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.48. Nu-World Holdings' value of 5.53% is 123% above this benchmark. Historically, Nu-World Holdings' own Return-on-Tangible-Asset has ranged from 4.24 to 13.40 over the past decade. While the company's 10-year median is 8.40 vs. the industry median of 2.48, Nu-World Holdings 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.48, based on 2,501 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. Nu-World Holdings's current Return-on-Tangible-Asset of 5.53% is 123% 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 Nu-World Holdings and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nu-World Holdings's current Return-on-Tangible-Asset is 5.53%, which is 34% below median its own 10-year median of 8.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nu-World Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nu-World Holdings (JSE:NWL) is currently considered Modestly Undervalued. The stock's GF Value™ is R31.68, compared to a current price of R27.25 — trading 14% below its estimated fair value. The current Return-on-Tangible-Asset is 5.53%, which is 34% below median its 10-year median of 8.40 and 123% above the Hardware industry median of 2.48. Nu-World Holdings' overall GF Score™ is 74/100 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 Nu-World Holdings (JSE:NWL), the current Return-on-Tangible-Asset is 5.53% as of Feb. 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 Nu-World Holdings (JSE:NWL) Overvalued in 2026?
Based on GuruFocus' analysis, Nu-World Holdings stock appears to be undervalued.
The current stock price of R27.25 is trading 14% below its estimated GF Value™ of R31.68.
GuruFocus considers Nu-World Holdings to be Modestly Undervalued.
Key valuation signals for JSE:NWL:
Return-on-Tangible-Asset: 5.53% (34% below median its 10-year median of 8.40)
GF Value™: R31.68 vs. price of R27.25 (14% below fair value)
Industry Position: 123% above the Hardware median (#821 of 2501)
No single metric tells the full story. See the JSE:NWL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nu-World Holdings Ltd, along with its subsidiaries, is engaged in importing, manufacturing, assembling, marketing, and distributing branded consumer goods, including consumer electronics, high-technology, small electrical appliances, white goods, liquor, and furniture. It also manufactures kitchenware and Telefunken. The company operates its business in geographic segments that include South Africa, Hong Kong, Australia, and the United Arab Emirates. The South African segment generates maximum revenue for the company.
74GF Score
Get the complete analysis for JSE:NWL
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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