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National Bank of KuwaitKKUW:NBK 46 Return-on-Tangible-Asset is 1.66% as of Jun. 2026, which is 19% above its 10-year median of 1.39. GuruFocus rates KUW:NBK with a GF Score™ of 46/100 and a GF Value™ of KWD0.94 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,525 Banks companies, National Bank of KuwaitK ranks better than 67.8% 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. National Bank of KuwaitK's annualizedNet Income for the quarter that ended in Jun. 2026 was KWD757 Mil. National Bank of KuwaitK's average total tangible assets for the quarter that ended in Jun. 2026 was KWD45,660 Mil. Therefore, National Bank of KuwaitK's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 1.66%.
The historical rank and industry rank for National Bank of KuwaitK's Return-on-Tangible-Asset or its related term are showing as below:
KUW:NBK'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.85 Med: 1.39 Max: 1.56
Current: 1.31
During the past 13 years, National Bank of KuwaitK's highest Return-on-Tangible-Asset was 1.56%. The lowest was 0.85%. And the median was 1.39%.
KUW:NBK's Return-on-Tangible-Asset is ranked better than 67.8% of 1525
companies
in the Banks industry
Industry Median: 1.03
vs KUW:NBK: 1.31
National Bank of KuwaitK (KUW:NBK) 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.
National Bank of KuwaitK Return-on-Tangible-Asset Related Terms
National Bank of KuwaitK Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for National Bank of KuwaitK'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.
National Bank of KuwaitK Return-on-Tangible-Asset Chart
KUW:NBK vs PNC: Return-on-Tangible-Asset Comparison
For the Banks - Regional subindustry, National Bank of KuwaitK'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.
National Bank of KuwaitK Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, National Bank of KuwaitK's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where National Bank of KuwaitK'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 1.66% mean?
National Bank of KuwaitK (KUW:NBK) has a Return-on-Tangible-Asset of 1.66% 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 National Bank of KuwaitK and its competitors. This is 19% above median its historical median of 1.39. Over the past decade, National Bank of KuwaitK's Return-on-Tangible-Asset has ranged from 0.85 to 1.56. According to the industry distribution chart, National Bank of KuwaitK ranks #491 out of 1525 companies in the Banks industry, placing it in the top 32.2%.
Is National Bank of KuwaitK's Return-on-Tangible-Asset too high?
National Bank of KuwaitK's current Return-on-Tangible-Asset of 1.66% is 19% above median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 1.56. The Banks industry median Return-on-Tangible-Asset is 1.03. National Bank of KuwaitK's value of 1.66% is 61.2% above this industry median. Based on the distribution chart, National Bank of KuwaitK ranks #491 out of 1525 companies in the Banks industry, which is above the industry midpoint. Overall, National Bank of KuwaitK has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Bank of KuwaitK's Return-on-Tangible-Asset compare to PNC?
According to the Banks industry distribution chart, National Bank of KuwaitK ranks #491 out of 1525 companies for Return-on-Tangible-Asset. This puts National Bank of KuwaitK in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.03. National Bank of KuwaitK's value of 1.66% is 61.2% above this benchmark. Historically, National Bank of KuwaitK's own Return-on-Tangible-Asset has ranged from 0.85 to 1.56 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 1.03, National Bank of KuwaitK 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 Banks company?
The median Return-on-Tangible-Asset among Banks companies is 1.03, based on 1,525 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. National Bank of KuwaitK's current Return-on-Tangible-Asset of 1.66% is 61.2% 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 National Bank of KuwaitK and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Bank of KuwaitK's current Return-on-Tangible-Asset is 1.66%, which is 19% above median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Bank of KuwaitK stock overvalued right now?
Based on GuruFocus' analysis, National Bank of KuwaitK (KUW:NBK) is currently considered Fairly Valued. The stock's GF Value™ is KWD0.94, compared to a current price of KWD0.85 — trading 9.3% below its estimated fair value. The current Return-on-Tangible-Asset is 1.66%, which is 19% above median its 10-year median of 1.39 and 61.2% above the Banks industry median of 1.03. National Bank of KuwaitK's overall GF Score™ is 46/100 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 National Bank of KuwaitK (KUW:NBK), the current Return-on-Tangible-Asset is 1.66% 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 National Bank of KuwaitK (KUW:NBK) Overvalued in 2026?
Based on GuruFocus' analysis, National Bank of KuwaitK stock appears to be undervalued.
The current stock price of KWD0.85 is trading 9.3% below its estimated GF Value™ of KWD0.94.
GuruFocus considers National Bank of KuwaitK to be Fairly Valued.
Key valuation signals for KUW:NBK:
Return-on-Tangible-Asset: 1.66% (19% above median its 10-year median of 1.39)
GF Value™: KWD0.94 vs. price of KWD0.85 (9.3% below fair value)
Industry Position: 61.2% above the Banks median (#491 of 1525)
No single metric tells the full story. See the KUW:NBK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Bank of Kuwait SAK is a financial institution. The company's operating segment includes Consumer Banking, Corporate Banking, NBK Wealth, Islamic Banking, Group Centre, and International Banking. The company generates maximum revenue from the International Banking segment. The International Banking segment provides diversified products and services including lending, deposits, trade finance, etc. to corporate and individual customers. Geographically, it derives a majority of its revenue from Kuwait and also has a presence in the Middle East and North Africa; Europe and UK, and Other Countries.
46GF Score
Get the complete analysis for KUW:NBK
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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