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.
Nederman Holding ABNHOXF -2.36%81 Return-on-Tangible-Asset is 5.14% as of Jun. 2026, which is 45% below its 10-year median of 9.32. GuruFocus rates NHOXF with a GF Score™ of 81/100 and a GF Value™ of $18.70. The stock has 2 warning signs investors should review. Among 3,078 Industrial Products companies, Nederman Holding AB ranks better than 68.1% 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. Nederman Holding AB's annualizedNet Income for the quarter that ended in Jun. 2026 was $22.7 Mil. Nederman Holding AB's average total tangible assets for the quarter that ended in Jun. 2026 was $440.9 Mil. Therefore, Nederman Holding AB's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 5.14%.
The historical rank and industry rank for Nederman Holding AB's Return-on-Tangible-Asset or its related term are showing as below:
NHOXF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.39 Med: 9.32 Max: 12.25
Current: 5.95
During the past 13 years, Nederman Holding AB's highest Return-on-Tangible-Asset was 12.25%. The lowest was 4.39%. And the median was 9.32%.
NHOXF's Return-on-Tangible-Asset is ranked better than 68.1% of 3078
companies
in the Industrial Products industry
Industry Median: 3.26
vs NHOXF: 5.95
Nederman Holding AB (OTCPK:NHOXF) 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.
Nederman Holding AB Return-on-Tangible-Asset Related Terms
Nederman Holding AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Nederman Holding AB'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.
Nederman Holding AB Return-on-Tangible-Asset Chart
NHOXF vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Nederman Holding AB'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.
Nederman Holding AB Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nederman Holding AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nederman Holding AB'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 5.14% mean?
Nederman Holding AB (NHOXF) has a Return-on-Tangible-Asset of 5.14% 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 Nederman Holding AB and its competitors. This is 45% below median its historical median of 9.32. Over the past decade, Nederman Holding AB's Return-on-Tangible-Asset has ranged from 4.39 to 12.25. According to the industry distribution chart, Nederman Holding AB ranks #982 out of 3078 companies in the Industrial Products industry, placing it in the top 31.9%.
Is Nederman Holding AB's Return-on-Tangible-Asset too high?
Nederman Holding AB's current Return-on-Tangible-Asset of 5.14% is 45% below median its 10-year median of 9.32. Over the past 10 years, this metric has ranged from a low of 4.39 to a high of 12.25. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Nederman Holding AB's value of 5.14% is 57.7% above this industry median. Based on the distribution chart, Nederman Holding AB ranks #982 out of 3078 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nederman Holding AB has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Nederman Holding AB's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nederman Holding AB ranks #982 out of 3078 companies for Return-on-Tangible-Asset. This puts Nederman Holding AB in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.26. Nederman Holding AB's value of 5.14% is 57.7% above this benchmark. Historically, Nederman Holding AB's own Return-on-Tangible-Asset has ranged from 4.39 to 12.25 over the past decade. While the company's 10-year median is 9.32 vs. the industry median of 3.26, Nederman Holding AB 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.26, based on 3,078 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. Nederman Holding AB's current Return-on-Tangible-Asset of 5.14% is 57.7% 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 Nederman Holding AB and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nederman Holding AB's current Return-on-Tangible-Asset is 5.14%, which is 45% below median its own 10-year median of 9.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nederman Holding AB stock overvalued right now?
Nederman Holding AB (NHOXF) has a current Return-on-Tangible-Asset of 5.14%. The stock's GF Value™ is $18.70, compared to a current price of $14.50 — trading 22.5% below its estimated fair value. The current Return-on-Tangible-Asset is 5.14%, which is 45% below median its 10-year median of 9.32 and 57.7% above the Industrial Products industry median of 3.26. Nederman Holding AB's overall GF Score™ is 81/100 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 Nederman Holding AB (NHOXF), the current Return-on-Tangible-Asset is 5.14% 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 Nederman Holding AB (NHOXF) Overvalued in 2026?
Based on GuruFocus' analysis, Nederman Holding AB stock appears to be undervalued.
The current stock price of $14.50 is trading 22.5% below its estimated GF Value™ of $18.70.
Key valuation signals for NHOXF:
Return-on-Tangible-Asset: 5.14% (45% below median its 10-year median of 9.32)
GF Value™: $18.70 vs. price of $14.50 (22.5% below fair value)
Industry Position: 57.7% above the Industrial Products median (#982 of 3078)
No single metric tells the full story. See the NHOXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nederman Holding AB is an industrial equipment manufacturer. The company produces and markets products to improve the industrial workplace environment; owns and manages enterprises as well as real estate and personal property, and engages in compatible operations. Its operating segments are, Extraction and Filtration Technology, Process Technology, Duct and Filter Technology, and Monitoring and Control Technology. Key revenue is derived from the Extraction and Filter Technology segment, which develops and sells various filters and monitoring services, capturing devices, fans, high-vacuum products, and reels for the distribution of various liquids and compressed air. Geographically, it derives key revenue from the United States of America and has customers located around the world.
81GF Score
Get the complete analysis for NHOXF
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
NHOXF has been successfully added to your 
