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Nation Media GroupNAI:NMG 60 Return-on-Tangible-Asset is -5.13% as of Dec. 2025. GuruFocus rates NAI:NMG with a GF Score™ of 60/100 and a GF Value™ of KES13.68 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,031 Media - Diversified companies, Nation Media Group ranks worse than 63.92% 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. Nation Media Group's annualizedNet Income for the quarter that ended in Dec. 2025 was KES-521 Mil. Nation Media Group's average total tangible assets for the quarter that ended in Dec. 2025 was KES0 Mil. Therefore, Nation Media Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -5.13%.
The historical rank and industry rank for Nation Media Group's Return-on-Tangible-Asset or its related term are showing as below:
NAI:NMG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.03 Med: 3.34 Max: 13.88
Current: -3.03
During the past 13 years, Nation Media Group's highest Return-on-Tangible-Asset was 13.88%. The lowest was -3.03%. And the median was 3.34%.
NAI:NMG's Return-on-Tangible-Asset is ranked worse than 63.92% of 1031
companies
in the Media - Diversified industry
Industry Median: 0.88
vs NAI:NMG: -3.03
Nation Media Group (NAI:NMG) 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.
Nation Media Group Return-on-Tangible-Asset Related Terms
Nation Media Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Nation Media Group'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.
NAI:NMG vs NFLX, DIS, WBD: Return-on-Tangible-Asset Comparison
For the Entertainment subindustry, Nation Media Group'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.
Nation Media Group Return-on-Tangible-Asset vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Nation Media Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nation Media Group'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of -5.13% mean?
Nation Media Group (NAI:NMG) has a Return-on-Tangible-Asset of -5.13% 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 Nation Media Group and its competitors. According to the industry distribution chart, Nation Media Group ranks #659 out of 1031 companies in the Media - Diversified industry, placing it in the top 63.9%.
Is Nation Media Group's Return-on-Tangible-Asset too high?
Nation Media Group's current Return-on-Tangible-Asset is -5.13%. Based on the distribution chart, Nation Media Group ranks #659 out of 1031 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Nation Media Group has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nation Media Group's Return-on-Tangible-Asset compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Nation Media Group ranks #659 out of 1031 companies for Return-on-Tangible-Asset. This places Nation Media Group in the lower half of its industry. The industry median Return-on-Tangible-Asset is 0.88. 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 Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.88, based on 1,031 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. 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 Nation Media Group and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nation Media Group's current Return-on-Tangible-Asset is -5.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nation Media Group stock overvalued right now?
Based on GuruFocus' analysis, Nation Media Group (NAI:NMG) is currently considered Fairly Valued. The stock's GF Value™ is KES13.68, compared to a current price of KES15.10 — trading 10.4% above its estimated fair value. The current Return-on-Tangible-Asset is -5.13%. Nation Media Group's overall GF Score™ is 60/100 with 6 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 Nation Media Group (NAI:NMG), the current Return-on-Tangible-Asset is -5.13% 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 Nation Media Group (NAI:NMG) Overvalued in 2026?
Based on GuruFocus' analysis, Nation Media Group stock appears to be overvalued.
The current stock price of KES15.10 is trading 10.4% above its estimated GF Value™ of KES13.68.
GuruFocus considers Nation Media Group to be Fairly Valued.
Key valuation signals for NAI:NMG:
Return-on-Tangible-Asset: -5.13%
GF Value™: KES13.68 vs. price of KES15.10 (10.4% above fair value)
No single metric tells the full story. See the NAI:NMG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nation Media Group PLC is a media company based in Kenya, operating across East Africa. Its business spans print, broadcast, and digital media, with activities including the publication, printing, and distribution of newspapers, as well as television and radio broadcasting and online products. The company operates in Kenya, Uganda, Rwanda, and Tanzania. Its reporting segments are Newspapers and Digital, which covers newspaper sales, print and digital advertising, and e-paper subscriptions, and Broadcasting, which covers advertising and other content aired on television and radio. The Newspapers and Digital segment generates the majority of revenue. The group serves audiences and advertisers across the region through its portfolio of newspapers, magazines, television and radio stations, and digital platforms, earning revenue primarily from advertising, circulation, and subscriptions.
60GF Score
Get the complete analysis for NAI:NMG
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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