The historical rank and industry rank for Companhia Siderurgica Nacional's Return-on-Tangible-Asset or its related term are showing as below:
SID'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.97 Med: 1.08 Max: 19.24
Current: -2.24
During the past 13 years, Companhia Siderurgica Nacional's highest Return-on-Tangible-Asset was 19.24%. The lowest was -2.97%. And the median was 1.08%.
SID's Return-on-Tangible-Asset is ranked worse than 79.46% of 633
companies
in the Steel industry
Industry Median: 2
vs SID: -2.24
Companhia Siderurgica Nacional (NYSE:SID) 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.
Companhia Siderurgica Nacional Return-on-Tangible-Asset Related Terms
Companhia Siderurgica Nacional 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.
Companhia Siderurgica Nacional Return-on-Tangible-Asset Chart
SID vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, Companhia Siderurgica Nacional'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.
Companhia Siderurgica Nacional Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Companhia Siderurgica Nacional's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Companhia Siderurgica Nacional'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 -2.83% mean?
Companhia Siderurgica Nacional (SID) has a Return-on-Tangible-Asset of -2.83% 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 Companhia Siderurgica Nacional and its competitors. According to the industry distribution chart, Companhia Siderurgica Nacional ranks #503 out of 633 companies in the Steel industry, placing it in the top 79.5%.
Is Companhia Siderurgica Nacional's Return-on-Tangible-Asset too high?
Companhia Siderurgica Nacional's current Return-on-Tangible-Asset is -2.83%. Based on the distribution chart, Companhia Siderurgica Nacional ranks #503 out of 633 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Companhia Siderurgica Nacional has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Companhia Siderurgica Nacional's Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Companhia Siderurgica Nacional ranks #503 out of 633 companies for Return-on-Tangible-Asset. This places Companhia Siderurgica Nacional in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.00. 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 Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.00, based on 633 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 Companhia Siderurgica Nacional and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Companhia Siderurgica Nacional's current Return-on-Tangible-Asset is -2.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Companhia Siderurgica Nacional stock overvalued right now?
Based on GuruFocus' analysis, Companhia Siderurgica Nacional (SID) is currently considered Possible Value Trap. The stock's GF Value™ is $2.21, compared to a current price of $1.01 — trading 54.3% below its estimated fair value. The current Return-on-Tangible-Asset is -2.83%. Companhia Siderurgica Nacional's overall GF Score™ is 63/100 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 Companhia Siderurgica Nacional (SID), the current Return-on-Tangible-Asset is -2.83% 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 Companhia Siderurgica Nacional (SID) Overvalued in 2026?
Based on GuruFocus' analysis, Companhia Siderurgica Nacional stock appears to be undervalued.
The current stock price of $1.01 is trading 54.3% below its estimated GF Value™ of $2.21.
GuruFocus considers Companhia Siderurgica Nacional to be Possible Value Trap.
Key valuation signals for SID:
Return-on-Tangible-Asset: -2.83%
GF Value™: $2.21 vs. price of $1.01 (54.3% below fair value)
No single metric tells the full story. See the SID stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Companhia Siderurgica Nacional Business Description
Companhia Siderurgica Nacional is an integrated steel producer. together with its subsidiaries operates in five main business segments: Steel industry: production and marketing of flat and long steels; Mining: extraction, processing and marketing of iron ore, tin, limestone and dolomite; Cement: production and commercialization of bagged and bulk cement, in addition to aggregates, concrete, and other related products; Energy: generation and sale of energy from almost all renewable sources; and Logistics: participations port concessions and fleets of road transport vehicles. The group generates the majority of its revenue from the Steel industry segment. Geographically, it derives a majority of revenue from Asia.
63GF Score
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