Nova Klubburinn hfOISE:NOVA 68 Return-on-Tangible-Asset is 7.83% as of Dec. 2025, which is 22% above its 10-year median of 6.44. GuruFocus rates OISE:NOVA with a GF Score™ of 68/100 and a GF Value™ of kr4.68 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 364 Telecommunication Services companies, Nova Klubburinn hf ranks better than 64.84% 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. Nova Klubburinn hf's annualizedNet Income for the quarter that ended in Dec. 2025 was kr956 Mil. Nova Klubburinn hf's average total tangible assets for the quarter that ended in Dec. 2025 was kr12,205 Mil. Therefore, Nova Klubburinn hf's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 7.83%.
The historical rank and industry rank for Nova Klubburinn hf's Return-on-Tangible-Asset or its related term are showing as below:
OISE:NOVA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.92 Med: 6.44 Max: 15.87
Current: 6.39
During the past 7 years, Nova Klubburinn hf's highest Return-on-Tangible-Asset was 15.87%. The lowest was -0.92%. And the median was 6.44%.
OISE:NOVA's Return-on-Tangible-Asset is ranked better than 64.84% of 364
companies
in the Telecommunication Services industry
Industry Median: 3.47
vs OISE:NOVA: 6.39
Nova Klubburinn hf (OISE:NOVA) 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.
Nova Klubburinn hf Return-on-Tangible-Asset Related Terms
Nova Klubburinn hf Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Nova Klubburinn hf'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.
OISE:NOVA vs TMUS, VZ, T: Return-on-Tangible-Asset Comparison
For the Telecom Services subindustry, Nova Klubburinn hf'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.
Nova Klubburinn hf Return-on-Tangible-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Nova Klubburinn hf's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nova Klubburinn hf'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 7.83% mean?
Nova Klubburinn hf (OISE:NOVA) has a Return-on-Tangible-Asset of 7.83% 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 Nova Klubburinn hf and its competitors. This is 22% above median its historical median of 6.44. According to the industry distribution chart, Nova Klubburinn hf ranks #128 out of 364 companies in the Telecommunication Services industry, placing it in the top 35.2%.
Is Nova Klubburinn hf's Return-on-Tangible-Asset too high?
Nova Klubburinn hf's current Return-on-Tangible-Asset of 7.83% is 22% above median its 10-year median of 6.44. The Telecommunication Services industry median Return-on-Tangible-Asset is 3.47. Nova Klubburinn hf's value of 7.83% is 125.6% above this industry median. Based on the distribution chart, Nova Klubburinn hf ranks #128 out of 364 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Nova Klubburinn hf has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nova Klubburinn hf's Return-on-Tangible-Asset compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Nova Klubburinn hf ranks #128 out of 364 companies for Return-on-Tangible-Asset. This puts Nova Klubburinn hf in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.47. Nova Klubburinn hf's value of 7.83% is 125.6% above this benchmark. While the company's 10-year median is 6.44 vs. the industry median of 3.47, Nova Klubburinn hf 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 Telecommunication Services company?
The median Return-on-Tangible-Asset among Telecommunication Services companies is 3.47, based on 364 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. Nova Klubburinn hf's current Return-on-Tangible-Asset of 7.83% is 125.6% 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 Nova Klubburinn hf and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Asset is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova Klubburinn hf's current Return-on-Tangible-Asset is 7.83%, which is 22% above median its own 10-year median of 6.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova Klubburinn hf stock overvalued right now?
Based on GuruFocus' analysis, Nova Klubburinn hf (OISE:NOVA) is currently considered Modestly Undervalued. The stock's GF Value™ is kr4.68, compared to a current price of kr3.86 — trading 17.5% below its estimated fair value. The current Return-on-Tangible-Asset is 7.83%, which is 22% above median its 10-year median of 6.44 and 125.6% above the Telecommunication Services industry median of 3.47. Nova Klubburinn hf's overall GF Score™ is 68/100 with 1 warning sign 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 Nova Klubburinn hf (OISE:NOVA), the current Return-on-Tangible-Asset is 7.83% 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 Nova Klubburinn hf (OISE:NOVA) Overvalued in 2026?
Based on GuruFocus' analysis, Nova Klubburinn hf stock appears to be undervalued.
The current stock price of kr3.86 is trading 17.5% below its estimated GF Value™ of kr4.68.
GuruFocus considers Nova Klubburinn hf to be Modestly Undervalued.
Key valuation signals for OISE:NOVA:
Return-on-Tangible-Asset: 7.83% (22% above median its 10-year median of 6.44)
GF Value™: kr4.68 vs. price of kr3.86 (17.5% below fair value)
Industry Position: 125.6% above the Telecommunication Services median (#128 of 364)
No single metric tells the full story. See the OISE:NOVA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nova Klubburinn hf a full-service telecommunications company operating in Iceland. Nova's customers are individuals and small and medium sized corporations. It operates through three key business areas: mobile network, Fixed network and Goods sold and Others.
68GF Score
Get the complete analysis for OISE:NOVA
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
OISE:NOVA has been successfully added to your 
