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NetcareSTU:NH7 85 Return-on-Tangible-Asset is 6.70% as of Mar. 2026, which is 22% above its 10-year median of 5.49. GuruFocus rates STU:NH7 with a GF Score™ of 85/100. The stock has 6 warning signs investors should review. Among 680 Healthcare Providers & Services companies, Netcare ranks better than 70.59% 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. Netcare's annualizedNet Income for the quarter that ended in Mar. 2026 was €92 Mil. Netcare's average total tangible assets for the quarter that ended in Mar. 2026 was €1,367 Mil. Therefore, Netcare's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.70%.
The historical rank and industry rank for Netcare's Return-on-Tangible-Asset or its related term are showing as below:
STU:NH7'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.88 Med: 5.49 Max: 21.91
Current: 6.9
During the past 13 years, Netcare's highest Return-on-Tangible-Asset was 21.91%. The lowest was -1.88%. And the median was 5.49%.
STU:NH7's Return-on-Tangible-Asset is ranked better than 70.59% of 680
companies
in the Healthcare Providers & Services industry
Industry Median: 2.465
vs STU:NH7: 6.90
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.
Netcare Return-on-Tangible-Asset Related Terms
Netcare Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Netcare'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:NH7 vs HCA, THC, DVA: Return-on-Tangible-Asset Comparison
For the Medical Care Facilities subindustry, Netcare'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.
Netcare Return-on-Tangible-Asset vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Netcare's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Netcare'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 6.70% mean?
Netcare (STU:NH7) has a Return-on-Tangible-Asset of 6.70% 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 Netcare and its competitors. This is 22% above median its historical median of 5.49. According to the industry distribution chart, Netcare ranks #200 out of 680 companies in the Healthcare Providers & Services industry, placing it in the top 29.4%.
Is Netcare's Return-on-Tangible-Asset too high?
Netcare's current Return-on-Tangible-Asset of 6.70% is 22% above median its 10-year median of 5.49. The Healthcare Providers & Services industry median Return-on-Tangible-Asset is 2.47. Netcare's value of 6.70% is 171.8% above this industry median. Based on the distribution chart, Netcare ranks #200 out of 680 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Netcare has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Netcare's Return-on-Tangible-Asset compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Netcare ranks #200 out of 680 companies for Return-on-Tangible-Asset. This puts Netcare in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.47. Netcare's value of 6.70% is 171.8% above this benchmark. While the company's 10-year median is 5.49 vs. the industry median of 2.47, Netcare 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 a Healthcare Providers & Services company?
The median Return-on-Tangible-Asset among Healthcare Providers & Services companies is 2.47, based on 680 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. Netcare's current Return-on-Tangible-Asset of 6.70% is 171.8% 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 Netcare and its competitors. For the Healthcare Providers & Services industry, the median Return-on-Tangible-Asset is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netcare's current Return-on-Tangible-Asset is 6.70%, which is 22% above median its own 10-year median of 5.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netcare stock overvalued right now?
Netcare (STU:NH7) has a current Return-on-Tangible-Asset of 6.70%. The current Return-on-Tangible-Asset is 6.70%, which is 22% above median its 10-year median of 5.49 and 171.8% above the Healthcare Providers & Services industry median of 2.47. Netcare's overall GF Score™ is 85/100 with 6 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 Netcare (STU:NH7), the current Return-on-Tangible-Asset is 6.70% 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.
Netcare Ltd operates a network of hospitals in South Africa. Its network also includes emergency, cancer care, diagnostic support, primary care, and renal care services as well as occupational health and wellness services. The firm operates in two segments: Hospital and emergency services and Primary Care. The Hospital and emergency services segment contributes to majority of the firm's revenue. Netcare's services include Netcare appointmed TM, Netcare Cancer Care, Netcare Family Connect Line, Netcare Occupational Health and Netcare Pharmacy.
85GF Score
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