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Newton ResourcesSTU:8NW 41 Return-on-Tangible-Asset is -30.76% as of Dec. 2025. GuruFocus rates STU:8NW with a GF Score™ of 41/100 and a GF Value™ of €0.02 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 634 Steel companies, Newton Resources ranks worse than 94.48% 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. Newton Resources's annualizedNet Income for the quarter that ended in Dec. 2025 was €-11.4 Mil. Newton Resources's average total tangible assets for the quarter that ended in Dec. 2025 was €37.0 Mil. Therefore, Newton Resources's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -30.76%.
The historical rank and industry rank for Newton Resources's Return-on-Tangible-Asset or its related term are showing as below:
STU:8NW'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -49.02 Med: -5.32 Max: 2.79
Current: -13.36
During the past 13 years, Newton Resources's highest Return-on-Tangible-Asset was 2.79%. The lowest was -49.02%. And the median was -5.32%.
STU:8NW's Return-on-Tangible-Asset is ranked worse than 94.48% of 634
companies
in the Steel industry
Industry Median: 2.125
vs STU:8NW: -13.36
Newton Resources (STU:8NW) 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.
Newton Resources Return-on-Tangible-Asset Related Terms
Newton Resources Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Newton Resources'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:8NW vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, Newton Resources'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.
Newton Resources Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Newton Resources's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Newton Resources'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 -30.76% mean?
Newton Resources (STU:8NW) has a Return-on-Tangible-Asset of -30.76% 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 Newton Resources and its competitors. According to the industry distribution chart, Newton Resources ranks #599 out of 634 companies in the Steel industry, placing it in the top 94.5%.
Is Newton Resources' Return-on-Tangible-Asset too high?
Newton Resources' current Return-on-Tangible-Asset is -30.76%. Based on the distribution chart, Newton Resources ranks #599 out of 634 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Newton Resources has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Newton Resources' Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Newton Resources ranks #599 out of 634 companies for Return-on-Tangible-Asset. This places Newton Resources in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.13. 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 2.13, 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. 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 Newton Resources and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newton Resources's current Return-on-Tangible-Asset is -30.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newton Resources stock overvalued right now?
Based on GuruFocus' analysis, Newton Resources (STU:8NW) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.02, compared to a current price of €0.03 — trading 40% above its estimated fair value. The current Return-on-Tangible-Asset is -30.76%. Newton Resources' overall GF Score™ is 41/100 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 Newton Resources (STU:8NW), the current Return-on-Tangible-Asset is -30.76% 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 Newton Resources (STU:8NW) Overvalued in 2026?
Based on GuruFocus' analysis, Newton Resources stock appears to be overvalued.
The current stock price of €0.03 is trading 40% above its estimated GF Value™ of €0.02.
GuruFocus considers Newton Resources to be Significantly Overvalued.
Key valuation signals for STU:8NW:
Return-on-Tangible-Asset: -30.76%
GF Value™: €0.02 vs. price of €0.03 (40% above fair value)
No single metric tells the full story. See the STU:8NW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Newton Resources Ltd, through its subsidiary, is engaged in the trading of iron ore and other commodities. The company has one reportable segment, which is the Resources Business. The company derives the majority of its revenue from sales of iron ores. The firm also derives a small portion of its revenue from Shipping services. Geographically, all the revenue is derived from Mainland China.
41GF Score
Get the complete analysis for STU:8NW
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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