NNRHF (Neinor Homes) Return-on-Tangible-Asset: 0.67% (As of Jun. 2026) — 85% Below Median

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NNRHF Neinor Homes SA NNRHF
77 GF Score
Price $16.01
GF Value $25.82
! 5 Warning Signs
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What is Neinor Homes Return-on-Tangible-Asset?

Neinor Homes NNRHF 77 Return-on-Tangible-Asset is 0.67% as of Jun. 2026, which is 85% below its 10-year median of 4.40. GuruFocus rates NNRHF with a GF Score™ of 77/100 and a GF Value™ of $25.82. The stock has 5 warning signs investors should review. Among 1,800 Real Estate companies, Neinor Homes ranks better than 78.06% 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. Neinor Homes's annualized Net Income for the quarter that ended in Jun. 2026 was $29 Mil. Neinor Homes's average total tangible assets for the quarter that ended in Jun. 2026 was $4,294 Mil. Therefore, Neinor Homes's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 0.67%.

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

NNRHF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.26   Med: 4.4   Max: 5.88
Current: 4.32

During the past 11 years, Neinor Homes's highest Return-on-Tangible-Asset was 5.88%. The lowest was -2.26%. And the median was 4.40%.

NNRHF's Return-on-Tangible-Asset is ranked better than
78.06% of 1800 companies
in the Real Estate industry
Industry Median: 1.71 vs NNRHF: 4.32

Neinor Homes  (OTCPK:NNRHF) 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.


Neinor Homes Return-on-Tangible-Asset Related Terms


Neinor Homes Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Neinor Homes'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.

Neinor Homes Return-on-Tangible-Asset Chart

Neinor Homes 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 5.68 5.00 5.40 3.62 4.52

Neinor Homes Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 1.18 6.14 0.38 8.43 0.67

Neinor Homes Return-on-Tangible-Asset Competitor Comparison

For the Real Estate - Development subindustry, Neinor Homes'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.


Neinor Homes Return-on-Tangible-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Neinor Homes's Return-on-Tangible-Asset distribution charts can be found below:

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


NNRHF
77GF Score
Neinor Homes SA NNRHF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Neinor Homes Return-on-Tangible-Asset Calculation

Neinor Homes'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 )
=144.321/( (1798.683+4580.584)/ 2 )
=144.321/3189.6335
=4.52 %

Neinor Homes's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Dec. 2025 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Dec. 2025 )(Q: Jun. 2026 )
=28.622/( (4580.584+4006.748)/ 2 )
=28.622/4293.666
=0.67 %

* 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 (Jun. 2026) net income data.

What does a Return-on-Tangible-Asset of 0.67% mean?
Neinor Homes (NNRHF) has a Return-on-Tangible-Asset of 0.67% 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 Neinor Homes and its competitors. This is 85% below median its historical median of 4.40. According to the industry distribution chart, Neinor Homes ranks #395 out of 1800 companies in the Real Estate industry, placing it in the top 21.9%.
Is Neinor Homes' Return-on-Tangible-Asset too high?
Neinor Homes' current Return-on-Tangible-Asset of 0.67% is 85% below median its 10-year median of 4.40. The Real Estate industry median Return-on-Tangible-Asset is 1.71. Neinor Homes' value of 0.67% is 60.8% below this industry median. Based on the distribution chart, Neinor Homes ranks #395 out of 1800 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Neinor Homes has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Neinor Homes' Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, Neinor Homes ranks #395 out of 1800 companies for Return-on-Tangible-Asset. This places Neinor Homes in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.71. Neinor Homes' value of 0.67% is 60.8% below this benchmark. While the company's 10-year median is 4.40 vs. the industry median of 1.71, Neinor Homes has consistently been below 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.71, based on 1,800 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. Neinor Homes's current Return-on-Tangible-Asset of 0.67% is 60.8% below 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 Neinor Homes and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neinor Homes's current Return-on-Tangible-Asset is 0.67%, which is 85% below median its own 10-year median of 4.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neinor Homes stock overvalued right now?
Neinor Homes (NNRHF) has a current Return-on-Tangible-Asset of 0.67%. The stock's GF Value™ is $25.82, compared to a current price of $16.01 — trading 38% below its estimated fair value. The current Return-on-Tangible-Asset is 0.67%, which is 85% below median its 10-year median of 4.40 and 60.8% below the Real Estate industry median of 1.71. Neinor Homes' overall GF Score™ is 77/100 with 5 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 Neinor Homes (NNRHF), the current Return-on-Tangible-Asset is 0.67% 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 Neinor Homes (NNRHF) Overvalued in 2026?

Based on GuruFocus' analysis, Neinor Homes stock appears to be undervalued. The current stock price of $16.01 is trading 38% below its estimated GF Value™ of $25.82.

Key valuation signals for NNRHF:

  • Return-on-Tangible-Asset: 0.67% (85% below median its 10-year median of 4.40)
  • GF Value™: $25.82 vs. price of $16.01 (38% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 60.8% below the Real Estate median (#395 of 1800)

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


Neinor Homes Business Description

Address Calle Henao 20, Bilbao, ESP, 48009
Neinor Homes SA is a residential property development company in Spain. The company is engaged in developing and selling property developments. Its operating segment includes Rentals, Development, Asset Management and others. The company generates maximum revenue from the Development segment.
77GF Score

Get the complete analysis for NNRHF

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

$16.01
Price
$25.82
GF Value