Neurosoft (MIL:NRST) Return-on-Tangible-Asset: 10.59% (As of Dec. 2025) — 61% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

MIL:NRST Neurosoft SA MIL:NRST
48 GF Score
Price €0.65
GF Value €0.83
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Neurosoft Return-on-Tangible-Asset?

Neurosoft MIL:NRST 48 Return-on-Tangible-Asset is 10.59% as of Dec. 2025, which is 61% above its 10-year median of 6.56. GuruFocus rates MIL:NRST with a GF Score™ of 48/100 and a GF Value™ of €0.83 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,892 Software companies, Neurosoft ranks better than 62.48% 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. Neurosoft's annualized Net Income for the quarter that ended in Dec. 2025 was €2.20 Mil. Neurosoft's average total tangible assets for the quarter that ended in Dec. 2025 was €20.78 Mil. Therefore, Neurosoft's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 10.59%.

The historical rank and industry rank for Neurosoft's Return-on-Tangible-Asset or its related term are showing as below:

MIL:NRST' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -31.22   Med: 6.56   Max: 20.38
Current: 5.51

During the past 13 years, Neurosoft's highest Return-on-Tangible-Asset was 20.38%. The lowest was -31.22%. And the median was 6.56%.

MIL:NRST's Return-on-Tangible-Asset is ranked better than
62.48% of 2892 companies
in the Software industry
Industry Median: 2.07 vs MIL:NRST: 5.51

Neurosoft  (MIL:NRST) 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 company’s 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 company’s 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.


Neurosoft Return-on-Tangible-Asset Related Terms


Neurosoft Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Neurosoft'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.

Neurosoft Return-on-Tangible-Asset Chart

Neurosoft Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.27 11.84 7.80 7.84 5.31

Neurosoft Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.12 3.09 14.43 0.83 10.59

MIL:NRST vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison

For the Information Technology Services subindustry, Neurosoft'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.


Neurosoft Return-on-Tangible-Asset vs Software Industry

For the Software industry and Technology sector, Neurosoft's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Neurosoft's Return-on-Tangible-Asset falls into.


MIL:NRST
48GF Score
Neurosoft SA MIL:NRST
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Neurosoft Return-on-Tangible-Asset Calculation

Neurosoft's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=1.19/( (23.21+21.648)/ 2 )
=1.19/22.429
=5.31 %

Neurosoft's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=2.2/( (19.92+21.648)/ 2 )
=2.2/20.784
=10.59 %

* 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 (Dec. 2025) net income data.

What does a Return-on-Tangible-Asset of 10.59% mean?
Neurosoft (MIL:NRST) has a Return-on-Tangible-Asset of 10.59% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Neurosoft and its competitors. This is 61% above median its historical median of 6.56. According to the industry distribution chart, Neurosoft ranks #1085 out of 2892 companies in the Software industry, placing it in the top 37.5%.
Is Neurosoft's Return-on-Tangible-Asset too high?
Neurosoft's current Return-on-Tangible-Asset of 10.59% is 61% above median its 10-year median of 6.56. The Software industry median Return-on-Tangible-Asset is 2.07. Neurosoft's value of 10.59% is 411.6% above this industry median. Based on the distribution chart, Neurosoft ranks #1085 out of 2892 companies in the Software industry, which is above the industry midpoint. Overall, Neurosoft has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Neurosoft's Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Neurosoft ranks #1085 out of 2892 companies for Return-on-Tangible-Asset. This puts Neurosoft in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.07. Neurosoft's value of 10.59% is 411.6% above this benchmark. While the company's 10-year median is 6.56 vs. the industry median of 2.07, Neurosoft 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 2,892 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. Neurosoft's current Return-on-Tangible-Asset of 10.59% is 411.6% 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 Neurosoft 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. Neurosoft's current Return-on-Tangible-Asset is 10.59%, which is 61% above median its own 10-year median of 6.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neurosoft stock overvalued right now?
Based on GuruFocus' analysis, Neurosoft (MIL:NRST) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.83, compared to a current price of €0.65 — trading 22.3% below its estimated fair value. The current Return-on-Tangible-Asset is 10.59%, which is 61% above median its 10-year median of 6.56 and 411.6% above the Software industry median of 2.07. Neurosoft's overall GF Score™ is 48/100 with 2 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 Neurosoft (MIL:NRST), the current Return-on-Tangible-Asset is 10.59% as of Dec. 2025. 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 Neurosoft (MIL:NRST) Overvalued in 2026?

Based on GuruFocus' analysis, Neurosoft stock appears to be undervalued. The current stock price of €0.65 is trading 22.3% below its estimated GF Value™ of €0.83. GuruFocus considers Neurosoft to be Modestly Undervalued.

Key valuation signals for MIL:NRST:

  • Return-on-Tangible-Asset: 10.59% (61% above median its 10-year median of 6.56)
  • GF Value™: €0.83 vs. price of €0.65 (22.3% below fair value)
  • GF Score™: 48/100 with 2 warning signs
  • Industry Position: 411.6% above the Software median (#1085 of 2892)

No single metric tells the full story. See the MIL:NRST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Neurosoft Business Description

Address 466, Irakliou Avenue and Kiprou, Iraklio Attikis, Athens, GRC, 141 22
Neurosoft SA is a software company. It designs, develops, customizes, and provides maintenance of integrated software systems for its business areas including Fintech and Analytics, System Engineering and Cyber Security Operations. The group operates under three business segments Cyber Security Operations, Field Services Operations and Infrastructure & Cloud Operations. The company generates majority of its revenue from the Field Services Operations segment.
48GF Score

Get the complete analysis for MIL:NRST

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.65
Price
€0.83
GF Value