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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. NBI Bearings Europe's annualizedNet Income for the quarter that ended in Dec. 2025 was €-0.91 Mil. NBI Bearings Europe's average total tangible assets for the quarter that ended in Dec. 2025 was €86.22 Mil. Therefore, NBI Bearings Europe's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -1.06%.
The historical rank and industry rank for NBI Bearings Europe's Return-on-Tangible-Asset or its related term are showing as below:
XMAD:NBI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.14 Med: 1.94 Max: 7
Current: -1.13
During the past 13 years, NBI Bearings Europe's highest Return-on-Tangible-Asset was 7.00%. The lowest was -1.14%. And the median was 1.94%.
XMAD:NBI's Return-on-Tangible-Asset is ranked worse than 76.51% of 3078
companies
in the Industrial Products industry
Industry Median: 3.28
vs XMAD:NBI: -1.13
NBI Bearings Europe (XMAD:NBI) 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.
NBI Bearings Europe Return-on-Tangible-Asset Related Terms
NBI Bearings Europe Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for NBI Bearings Europe'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.
NBI Bearings Europe Return-on-Tangible-Asset Chart
XMAD:NBI vs SNA, RBC, SWK: Return-on-Tangible-Asset Comparison
For the Tools & Accessories subindustry, NBI Bearings Europe'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.
NBI Bearings Europe Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NBI Bearings Europe's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where NBI Bearings Europe'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 -1.06% mean?
NBI Bearings Europe (XMAD:NBI) has a Return-on-Tangible-Asset of -1.06% 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 NBI Bearings Europe and its competitors. According to the industry distribution chart, NBI Bearings Europe ranks #2355 out of 3078 companies in the Industrial Products industry, placing it in the top 76.5%.
Is NBI Bearings Europe's Return-on-Tangible-Asset too high?
NBI Bearings Europe's current Return-on-Tangible-Asset is -1.06%. Based on the distribution chart, NBI Bearings Europe ranks #2355 out of 3078 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, NBI Bearings Europe has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NBI Bearings Europe's Return-on-Tangible-Asset compare to SNA and RBC?
According to the Industrial Products industry distribution chart, NBI Bearings Europe ranks #2355 out of 3078 companies for Return-on-Tangible-Asset. This places NBI Bearings Europe in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.28. 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 Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.28, based on 3,078 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 NBI Bearings Europe and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NBI Bearings Europe's current Return-on-Tangible-Asset is -1.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NBI Bearings Europe stock overvalued right now?
Based on GuruFocus' analysis, NBI Bearings Europe (XMAD:NBI) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.30, compared to a current price of €3.06 — trading 28.8% below its estimated fair value. The current Return-on-Tangible-Asset is -1.06%. NBI Bearings Europe's overall GF Score™ is 86/100 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 NBI Bearings Europe (XMAD:NBI), the current Return-on-Tangible-Asset is -1.06% 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 NBI Bearings Europe (XMAD:NBI) Overvalued in 2026?
Based on GuruFocus' analysis, NBI Bearings Europe stock appears to be undervalued.
The current stock price of €3.06 is trading 28.8% below its estimated GF Value™ of €4.30.
GuruFocus considers NBI Bearings Europe to be Modestly Undervalued.
Key valuation signals for XMAD:NBI:
Return-on-Tangible-Asset: -1.06%
GF Value™: €4.30 vs. price of €3.06 (28.8% below fair value)
No single metric tells the full story. See the XMAD:NBI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NBI Bearings Europe SA is engaged in designing and production of bearings. Its product offerings include cylindrical roller bearings, tapered roller bearings, spherical roller bearings, needle roller bearings, support rollers, cam followers, cylindrical roller thrust bearings, spherical roller thrust bearings and ball bearings. The company also provides technical services, bearing selection, training and tailor made solutions.
86GF Score
Get the complete analysis for XMAD:NBI
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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