Nam Kim Steel JSC (STC:NKG) Return-on-Tangible-Asset: 0.57% (As of Mar. 2026) — 51% Below Median

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STC:NKG Nam Kim Steel JSC STC:NKG
75 GF Score
Price ₫10,600.00
GF Value ₫9,498.12
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Nam Kim Steel JSC Return-on-Tangible-Asset?

Nam Kim Steel JSC STC:NKG 75 Return-on-Tangible-Asset is 0.57% as of Mar. 2026, which is 51% below its 10-year median of 1.17. GuruFocus rates STC:NKG with a GF Score™ of 75/100 and a GF Value™ of ₫9,498.12 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 634 Steel companies, Nam Kim Steel JSC ranks worse than 57.73% 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. Nam Kim Steel JSC's annualized Net Income for the quarter that ended in Mar. 2026 was ₫89,328 Mil. Nam Kim Steel JSC's average total tangible assets for the quarter that ended in Mar. 2026 was ₫15,723,872 Mil. Therefore, Nam Kim Steel JSC's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.57%.

The historical rank and industry rank for Nam Kim Steel JSC's Return-on-Tangible-Asset or its related term are showing as below:

STC:NKG' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.89   Med: 1.17   Max: 19.77
Current: 0.99

During the past 8 years, Nam Kim Steel JSC's highest Return-on-Tangible-Asset was 19.77%. The lowest was -0.89%. And the median was 1.17%.

STC:NKG's Return-on-Tangible-Asset is ranked worse than
57.73% of 634 companies
in the Steel industry
Industry Median: 2.055 vs STC:NKG: 0.99

Nam Kim Steel JSC  (STC:NKG) 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 company’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 company’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.


Nam Kim Steel JSC Return-on-Tangible-Asset Related Terms


Nam Kim Steel JSC Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Nam Kim Steel JSC'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.

Nam Kim Steel JSC Return-on-Tangible-Asset Chart

Nam Kim Steel JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial 19.77 -0.89 0.95 3.69 1.38

Nam Kim Steel JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.96 2.44 1.23 -0.23 0.57

STC:NKG vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison

For the Steel subindustry, Nam Kim Steel JSC'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.


Nam Kim Steel JSC Return-on-Tangible-Asset vs Steel Industry

For the Steel industry and Basic Materials sector, Nam Kim Steel JSC's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Nam Kim Steel JSC's Return-on-Tangible-Asset falls into.


STC:NKG
75GF Score
Nam Kim Steel JSC STC:NKG
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nam Kim Steel JSC Return-on-Tangible-Asset Calculation

Nam Kim Steel JSC's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=197122.283/( (12802562.048+15706222.352)/ 2 )
=197122.283/14254392.2
=1.38 %

Nam Kim Steel JSC's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=89327.972/( (15706222.352+15741520.887)/ 2 )
=89327.972/15723871.6195
=0.57 %

* 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 0.57% mean?
Nam Kim Steel JSC (STC:NKG) has a Return-on-Tangible-Asset of 0.57% 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 Nam Kim Steel JSC and its competitors. This is 51% below median its historical median of 1.17. According to the industry distribution chart, Nam Kim Steel JSC ranks #366 out of 634 companies in the Steel industry, placing it in the top 57.7%.
Is Nam Kim Steel JSC's Return-on-Tangible-Asset too high?
Nam Kim Steel JSC's current Return-on-Tangible-Asset of 0.57% is 51% below median its 10-year median of 1.17. The Steel industry median Return-on-Tangible-Asset is 2.06. Nam Kim Steel JSC's value of 0.57% is 72.3% below this industry median. Based on the distribution chart, Nam Kim Steel JSC ranks #366 out of 634 companies in the Steel industry, which is below the industry midpoint. Overall, Nam Kim Steel JSC has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nam Kim Steel JSC's Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Nam Kim Steel JSC ranks #366 out of 634 companies for Return-on-Tangible-Asset. This places Nam Kim Steel JSC in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.06. Nam Kim Steel JSC's value of 0.57% is 72.3% below this benchmark. While the company's 10-year median is 1.17 vs. the industry median of 2.06, Nam Kim Steel JSC has consistently been below 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 Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.06, based on 634 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. Nam Kim Steel JSC's current Return-on-Tangible-Asset of 0.57% is 72.3% 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 Nam Kim Steel JSC and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nam Kim Steel JSC's current Return-on-Tangible-Asset is 0.57%, which is 51% below median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nam Kim Steel JSC stock overvalued right now?
Based on GuruFocus' analysis, Nam Kim Steel JSC (STC:NKG) is currently considered Modestly Overvalued. The stock's GF Value™ is ₫9,498.12, compared to a current price of ₫10,600.00 — trading 11.6% above its estimated fair value. The current Return-on-Tangible-Asset is 0.57%, which is 51% below median its 10-year median of 1.17 and 72.3% below the Steel industry median of 2.06. Nam Kim Steel JSC's overall GF Score™ is 75/100 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 Nam Kim Steel JSC (STC:NKG), the current Return-on-Tangible-Asset is 0.57% 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 Nam Kim Steel JSC (STC:NKG) Overvalued in 2026?

Based on GuruFocus' analysis, Nam Kim Steel JSC stock appears to be overvalued. The current stock price of ₫10,600.00 is trading 11.6% above its estimated GF Value™ of ₫9,498.12. GuruFocus considers Nam Kim Steel JSC to be Modestly Overvalued.

Key valuation signals for STC:NKG:

  • Return-on-Tangible-Asset: 0.57% (51% below median its 10-year median of 1.17)
  • GF Value™: ₫9,498.12 vs. price of ₫10,600.00 (11.6% above fair value)
  • GF Score™: 75/100 with 7 warning signs
  • Industry Position: 72.3% below the Steel median (#366 of 634)

No single metric tells the full story. See the STC:NKG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nam Kim Steel JSC Business Description

Address Lot A1, Street D2, Dong An 2 Industrial Park, Binh Duong Ward, Ho Chi Minh, Binh Duong Province, VNM
Nam Kim Steel JSC through its subsidiaries manufactures of other metal products, production of steel tole: galvanized, aluminium-zinc alloy coated, steel sheets (galvalume), steel sheets coated, galvanized coating; Production of iron, steel, cast iron, production of steel pipes, steel and rolled steel products, cold rolled steel, galvanized steel, black steel tape, galvanized steel tape; Wholesale of metals and metals ores, details: wholesale iron and steel; Mechanical processing, handling and metal coating; Trading scrap; and Road transportation services; logistics services, cargo handling services; leasing of transport vehicles and other transport-related support services.
75GF Score

Get the complete analysis for STC:NKG

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫10,600.00
Price
₫9,498.12
GF Value