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NaconSTU:4AW -3.49%51 Return-on-Tangible-Asset is 3.85% as of Sep. 2025, which is 50% below its 10-year median of 7.74. GuruFocus rates STU:4AW with a GF Score™ of 51/100 and a GF Value™ of €1.02 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 568 Interactive Media companies, Nacon ranks worse than 95.95% 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. Nacon's annualizedNet Income for the quarter that ended in Sep. 2025 was €5.0 Mil. Nacon's average total tangible assets for the quarter that ended in Sep. 2025 was €129.8 Mil. Therefore, Nacon's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2025 was 3.85%.
The historical rank and industry rank for Nacon's Return-on-Tangible-Asset or its related term are showing as below:
STU:4AW'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -257.61 Med: 7.74 Max: 15.89
Current: -257.61
During the past 10 years, Nacon's highest Return-on-Tangible-Asset was 15.89%. The lowest was -257.61%. And the median was 7.74%.
STU:4AW's Return-on-Tangible-Asset is ranked worse than 95.95% of 568
companies
in the Interactive Media industry
Industry Median: 0.735
vs STU:4AW: -257.61
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.
Nacon Return-on-Tangible-Asset Related Terms
Nacon Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Nacon'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.
STU:4AW vs NTES, EA, TTWO: Return-on-Tangible-Asset Comparison
For the Electronic Gaming & Multimedia subindustry, Nacon'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.
Nacon Return-on-Tangible-Asset vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Nacon's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nacon'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 (Sep. 2025) net income data.
What does a Return-on-Tangible-Asset of 3.85% mean?
Nacon (STU:4AW) has a Return-on-Tangible-Asset of 3.85% as of Sep. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Nacon and its competitors. This is 50% below median its historical median of 7.74. According to the industry distribution chart, Nacon ranks #545 out of 568 companies in the Interactive Media industry, placing it in the top 96%.
Is Nacon's Return-on-Tangible-Asset too high?
Nacon's current Return-on-Tangible-Asset of 3.85% is 50% below median its 10-year median of 7.74. The Interactive Media industry median Return-on-Tangible-Asset is 0.74. Nacon's value of 3.85% is 423.8% above this industry median. Based on the distribution chart, Nacon ranks #545 out of 568 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Nacon has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nacon's Return-on-Tangible-Asset compare to NTES and EA?
According to the Interactive Media industry distribution chart, Nacon ranks #545 out of 568 companies for Return-on-Tangible-Asset. This places Nacon in the lower half of its industry. The industry median Return-on-Tangible-Asset is 0.74. Nacon's value of 3.85% is 423.8% above this benchmark. While the company's 10-year median is 7.74 vs. the industry median of 0.74, Nacon 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 an Interactive Media company?
The median Return-on-Tangible-Asset among Interactive Media companies is 0.74, based on 568 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. Nacon's current Return-on-Tangible-Asset of 3.85% is 423.8% 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 Nacon and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Asset is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nacon's current Return-on-Tangible-Asset is 3.85%, which is 50% below median its own 10-year median of 7.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nacon stock overvalued right now?
Based on GuruFocus' analysis, Nacon (STU:4AW) is currently considered Possible Value Trap. The stock's GF Value™ is €1.02, compared to a current price of €0.15 — trading 84.8% below its estimated fair value. The current Return-on-Tangible-Asset is 3.85%, which is 50% below median its 10-year median of 7.74 and 423.8% above the Interactive Media industry median of 0.74. Nacon's overall GF Score™ is 51/100 with 5 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 Nacon (STU:4AW), the current Return-on-Tangible-Asset is 3.85% as of Sep. 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 Nacon (STU:4AW) Overvalued in 2026?
Based on GuruFocus' analysis, Nacon stock appears to be undervalued.
The current stock price of €0.15 is trading 84.8% below its estimated GF Value™ of €1.02.
GuruFocus considers Nacon to be Possible Value Trap.
Key valuation signals for STU:4AW:
Return-on-Tangible-Asset: 3.85% (50% below median its 10-year median of 7.74)
GF Value™: €1.02 vs. price of €0.15 (84.8% below fair value)
Industry Position: 423.8% above the Interactive Media median (#545 of 568)
No single metric tells the full story. See the STU:4AW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nacon SA is engaged in the development, publishing, marketing, and distribution of video games in physical and digital formats and the design, development, manufacturing, and distribution of video game accessories. Products/services: The Group offers video game software for consoles and PC, including internally and externally developed titles, and a range of gaming accessories such as controllers and related peripherals. Segments: It operates through two main segments, comprising video games (development and publishing) and gaming accessories. The Group operates internationally, with activities covering Europe, North America, and other international markets through digital platforms, distributors, and subsidiaries.
51GF Score
Get the complete analysis for STU:4AW
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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