National Presto IndustriesNPK -0.09%77 Return-on-Tangible-Asset is 5.72% as of Mar. 2026, which is 42% below its 10-year median of 9.91. GuruFocus rates NPK with a GF Scoreâ„¢ of 77/100 and a GF Valueâ„¢ of $122.59 (Fairly Valued). The stock has 3 warning signs investors should review. Among 359 Aerospace & Defense companies, National Presto Industries ranks better than 72.14% 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 Presto Industries's annualizedNet Income for the quarter that ended in Mar. 2026 was $26.5 Mil. National Presto Industries's average total tangible assets for the quarter that ended in Mar. 2026 was $463.5 Mil. Therefore, National Presto Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.72%.
The historical rank and industry rank for National Presto Industries's Return-on-Tangible-Asset or its related term are showing as below:
NPK'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.25 Med: 9.91 Max: 13.27
Current: 7.01
During the past 13 years, National Presto Industries's highest Return-on-Tangible-Asset was 13.27%. The lowest was 5.25%. And the median was 9.91%.
NPK's Return-on-Tangible-Asset is ranked better than 72.14% of 359
companies
in the Aerospace & Defense industry
Industry Median: 3.03
vs NPK: 7.01
National Presto Industries (NYSE:NPK) 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 companyÂ’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 companyÂ’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.
National Presto Industries Return-on-Tangible-Asset Related Terms
National Presto Industries Return-on-Tangible-Asset Historical Data
* 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 Presto Industries Return-on-Tangible-Asset Chart
NPK vs EVEX, AVEX, PKE: Return-on-Tangible-Asset Comparison
For the Aerospace & Defense subindustry, National Presto Industries'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 Presto Industries Return-on-Tangible-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, National Presto Industries's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where National Presto Industries'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 5.72% mean?
National Presto Industries (NPK) has a Return-on-Tangible-Asset of 5.72% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on National Presto Industries and its competitors. This is 42% below median its historical median of 9.91. Over the past decade, National Presto Industries' Return-on-Tangible-Asset has ranged from 5.25 to 13.27. According to the industry distribution chart, National Presto Industries ranks #100 out of 359 companies in the Aerospace & Defense industry, placing it in the top 27.9%.
Is National Presto Industries' Return-on-Tangible-Asset too high?
National Presto Industries' current Return-on-Tangible-Asset of 5.72% is 42% below median its 10-year median of 9.91. Over the past 10 years, this metric has ranged from a low of 5.25 to a high of 13.27. The Aerospace & Defense industry median Return-on-Tangible-Asset is 3.03. National Presto Industries' value of 5.72% is 88.8% above this industry median. Based on the distribution chart, National Presto Industries ranks #100 out of 359 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, National Presto Industries has a GF Scoreâ„¢ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Presto Industries' Return-on-Tangible-Asset compare to EVEX and AVEX?
According to the Aerospace & Defense industry distribution chart, National Presto Industries ranks #100 out of 359 companies for Return-on-Tangible-Asset. This puts National Presto Industries in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.03. National Presto Industries' value of 5.72% is 88.8% above this benchmark. Historically, National Presto Industries' own Return-on-Tangible-Asset has ranged from 5.25 to 13.27 over the past decade. While the company's 10-year median is 9.91 vs. the industry median of 3.03, National Presto Industries 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 Aerospace & Defense company?
The median Return-on-Tangible-Asset among Aerospace & Defense companies is 3.03, based on 359 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 Presto Industries's current Return-on-Tangible-Asset of 5.72% is 88.8% 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 Presto Industries and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Asset is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Presto Industries's current Return-on-Tangible-Asset is 5.72%, which is 42% below median its own 10-year median of 9.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Presto Industries stock overvalued right now?
Based on GuruFocus' analysis, National Presto Industries (NPK) is currently considered Fairly Valued. The stock's GF Value™ is $122.59, compared to a current price of $124.58 — trading 1.6% above its estimated fair value. The current Return-on-Tangible-Asset is 5.72%, which is 42% below median its 10-year median of 9.91 and 88.8% above the Aerospace & Defense industry median of 3.03. National Presto Industries' overall GF Score™ is 77/100 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 Presto Industries (NPK), the current Return-on-Tangible-Asset is 5.72% as of Mar. 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 Presto Industries (NPK) Overvalued in 2026?
Based on GuruFocus' analysis, National Presto Industries stock appears to be overvalued.
The current stock price of $124.58 is trading 1.6% above its estimated GF Value™ of $122.59.
GuruFocus considers National Presto Industries to be Fairly Valued.
Key valuation signals for NPK:
Return-on-Tangible-Asset: 5.72% (42% below median its 10-year median of 9.91)
GF Value™: $122.59 vs. price of $124.58 (1.6% above fair value)
Industry Position: 88.8% above the Aerospace & Defense median (#100 of 359)
No single metric tells the full story. See the NPK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Presto Industries Inc has an electric product portfolio consisting of household appliances, ammunition, and diapers. The company operates in three segments, namely Defense, Housewares/Small Appliance, and Safety. The defense segment, which is engaged in manufacturing 40mm ammunition, precision mechanical and electro-mechanical assemblies, and medium caliber cartridge cases, performs Load, Assemble, and Pack (LAP) operations on ordnance-related products for the U.S. Government and prime contractor. While the Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, the safety segment provides safety technology empowering organizations and individuals to protect what is more important.
77GF Score
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