NexGen EnergyPHS:XG 12 Return-on-Tangible-Asset is 0.33% as of Mar. 2026. GuruFocus rates PHS:XG with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 448 Utilities - Independent Power Producers companies, NexGen Energy ranks worse than 73.66% 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. NexGen Energy's annualizedNet Income for the quarter that ended in Mar. 2026 was ₱6.01 Mil. NexGen Energy's average total tangible assets for the quarter that ended in Mar. 2026 was ₱1,798.24 Mil. Therefore, NexGen Energy's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.33%.
The historical rank and industry rank for NexGen Energy's Return-on-Tangible-Asset or its related term are showing as below:
PHS:XG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.43 Med: -0.79 Max: 1.49
Current: -2.43
During the past 6 years, NexGen Energy's highest Return-on-Tangible-Asset was 1.49%. The lowest was -2.43%. And the median was -0.79%.
PHS:XG's Return-on-Tangible-Asset is ranked worse than 73.66% of 448
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.285
vs PHS:XG: -2.43
NexGen Energy (PHS:XG) 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.
NexGen Energy Return-on-Tangible-Asset Related Terms
NexGen Energy Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for NexGen Energy'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.
NexGen Energy Return-on-Tangible-Asset Competitor Comparison
For the Utilities - Renewable subindustry, NexGen Energy'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.
NexGen Energy Return-on-Tangible-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, NexGen Energy's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where NexGen Energy'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 0.33% mean?
NexGen Energy (PHS:XG) has a Return-on-Tangible-Asset of 0.33% 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 NexGen Energy and its competitors. According to the industry distribution chart, NexGen Energy ranks #330 out of 448 companies in the Utilities - Independent Power Producers industry, placing it in the top 73.7%.
Is NexGen Energy's Return-on-Tangible-Asset too high?
NexGen Energy's current Return-on-Tangible-Asset is 0.33%. The Utilities - Independent Power Producers industry median Return-on-Tangible-Asset is 1.29. NexGen Energy's value of 0.33% is 74.3% below this industry median. Based on the distribution chart, NexGen Energy ranks #330 out of 448 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, NexGen Energy has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does NexGen Energy's Return-on-Tangible-Asset compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, NexGen Energy ranks #330 out of 448 companies for Return-on-Tangible-Asset. This places NexGen Energy in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.29. NexGen Energy's value of 0.33% is 74.3% below this benchmark. 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 Utilities - Independent Power Producers company?
The median Return-on-Tangible-Asset among Utilities - Independent Power Producers companies is 1.29, based on 448 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. NexGen Energy's current Return-on-Tangible-Asset of 0.33% is 74.3% 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 NexGen Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Asset is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NexGen Energy's current Return-on-Tangible-Asset is 0.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NexGen Energy stock overvalued right now?
NexGen Energy (PHS:XG) has a current Return-on-Tangible-Asset of 0.33%. The current Return-on-Tangible-Asset is 0.33% and 74.3% below the Utilities - Independent Power Producers industry median of 1.29. NexGen Energy's overall GF Score™ is 12/100 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 NexGen Energy (PHS:XG), the current Return-on-Tangible-Asset is 0.33% 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.
NexGen Energy Corp is engaged in the development and generation of renewable energy resources that include biomass, biogas, hydropower, wind, and solar energy. The company deploys its utility-scale projects in embedded areas to reduce transmission losses and helps Distribution Utilities by introducing high-performance systems, streamlined operations, and focused engineering. It generates all of its revenue from Philippines.
12GF Score
Get the complete analysis for PHS:XG
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
PHS:XG has been successfully added to your 
