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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. Norsk Titanium AS's annualizedNet Income for the quarter that ended in Dec. 2025 was kr-319.24 Mil. Norsk Titanium AS's average total tangible assets for the quarter that ended in Dec. 2025 was kr322.17 Mil. Therefore, Norsk Titanium AS's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -99.09%.
The historical rank and industry rank for Norsk Titanium AS's Return-on-Tangible-Asset or its related term are showing as below:
OSL:NTI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -271.53 Med: -114.66 Max: -34.31
Current: -158.71
During the past 8 years, Norsk Titanium AS's highest Return-on-Tangible-Asset was -34.31%. The lowest was -271.53%. And the median was -114.66%.
OSL:NTI's Return-on-Tangible-Asset is ranked worse than 96.95% of 361
companies
in the Aerospace & Defense industry
Industry Median: 3.05
vs OSL:NTI: -158.71
Norsk Titanium AS (OSL:NTI) 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.
Norsk Titanium AS Return-on-Tangible-Asset Related Terms
Norsk Titanium AS Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Norsk Titanium AS'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.
OSL:NTI vs SPCX, GE, RTX: Return-on-Tangible-Asset Comparison
For the Aerospace & Defense subindustry, Norsk Titanium AS'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.
Norsk Titanium AS Return-on-Tangible-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Norsk Titanium AS's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Norsk Titanium AS'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 -99.09% mean?
Norsk Titanium AS (OSL:NTI) has a Return-on-Tangible-Asset of -99.09% 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 Norsk Titanium AS and its competitors. According to the industry distribution chart, Norsk Titanium AS ranks #350 out of 361 companies in the Aerospace & Defense industry, placing it in the top 97%.
Is Norsk Titanium AS's Return-on-Tangible-Asset too high?
Norsk Titanium AS's current Return-on-Tangible-Asset is -99.09%. Based on the distribution chart, Norsk Titanium AS ranks #350 out of 361 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Norsk Titanium AS has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Norsk Titanium AS's Return-on-Tangible-Asset compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Norsk Titanium AS ranks #350 out of 361 companies for Return-on-Tangible-Asset. This places Norsk Titanium AS in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.05. 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 3.05, based on 361 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 Norsk Titanium AS and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norsk Titanium AS's current Return-on-Tangible-Asset is -99.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norsk Titanium AS stock overvalued right now?
Based on GuruFocus' analysis, Norsk Titanium AS (OSL:NTI) is currently considered Fairly Valued. The stock's GF Value™ is kr1.01, compared to a current price of kr1.03 — trading 2.4% above its estimated fair value. The current Return-on-Tangible-Asset is -99.09%. Norsk Titanium AS's overall GF Score™ is 78/100 with 7 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 Norsk Titanium AS (OSL:NTI), the current Return-on-Tangible-Asset is -99.09% 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 Norsk Titanium AS (OSL:NTI) Overvalued in 2026?
Based on GuruFocus' analysis, Norsk Titanium AS stock appears to be overvalued.
The current stock price of kr1.03 is trading 2.4% above its estimated GF Value™ of kr1.01.
GuruFocus considers Norsk Titanium AS to be Fairly Valued.
Key valuation signals for OSL:NTI:
Return-on-Tangible-Asset: -99.09%
GF Value™: kr1.01 vs. price of kr1.03 (2.4% above fair value)
No single metric tells the full story. See the OSL:NTI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norsk Titanium AS is in metal 3D printing. The company uses its proprietary Rapid Plasma Deposition (RPD) technology for cost-efficient 3D printing of metal alloys. This technology enables the production of value-added parts that are suitable for a large market. The company's focus is on high-end structural applications that require the use of titanium parts, which offer substantial benefits compared to traditional materials and production methods. The company caters to high-complexity markets such as commercial aerospace and defense, which allows it to deliver value propositions and position itself for expansion into other markets. Geographically, the company generates revenue from Norway, Europe, and the USA.
78GF Score
Get the complete analysis for OSL:NTI
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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