NIBE Industrier ABXSWX:NIBEB +0.68%87 Return-on-Tangible-Asset is 5.54% as of Mar. 2026, which is 60% below its 10-year median of 13.97. GuruFocus rates XSWX:NIBEB with a GF Score™ of 87/100 and a GF Value™ of CHF3.73 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,776 Construction companies, NIBE Industrier AB ranks better than 72.24% 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. NIBE Industrier AB's annualizedNet Income for the quarter that ended in Mar. 2026 was CHF171 Mil. NIBE Industrier AB's average total tangible assets for the quarter that ended in Mar. 2026 was CHF3,080 Mil. Therefore, NIBE Industrier AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.54%.
The historical rank and industry rank for NIBE Industrier AB's Return-on-Tangible-Asset or its related term are showing as below:
XSWX:NIBEB'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.12 Med: 13.97 Max: 15.98
Current: 6.54
During the past 13 years, NIBE Industrier AB's highest Return-on-Tangible-Asset was 15.98%. The lowest was 3.12%. And the median was 13.97%.
XSWX:NIBEB's Return-on-Tangible-Asset is ranked better than 72.24% of 1776
companies
in the Construction industry
Industry Median: 3.01
vs XSWX:NIBEB: 6.54
NIBE Industrier AB (XSWX:NIBEB) 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.
NIBE Industrier AB Return-on-Tangible-Asset Related Terms
NIBE Industrier AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for NIBE Industrier AB'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.
XSWX:NIBEB vs TT, JCI, CARR: Return-on-Tangible-Asset Comparison
For the Building Products & Equipment subindustry, NIBE Industrier AB'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.
NIBE Industrier AB Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, NIBE Industrier AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where NIBE Industrier AB'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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 5.54% mean?
NIBE Industrier AB (XSWX:NIBEB) has a Return-on-Tangible-Asset of 5.54% 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 NIBE Industrier AB and its competitors. This is 60% below median its historical median of 13.97. Over the past decade, NIBE Industrier AB's Return-on-Tangible-Asset has ranged from 3.12 to 15.98. According to the industry distribution chart, NIBE Industrier AB ranks #493 out of 1776 companies in the Construction industry, placing it in the top 27.8%.
Is NIBE Industrier AB's Return-on-Tangible-Asset too high?
NIBE Industrier AB's current Return-on-Tangible-Asset of 5.54% is 60% below median its 10-year median of 13.97. Over the past 10 years, this metric has ranged from a low of 3.12 to a high of 15.98. The Construction industry median Return-on-Tangible-Asset is 3.01. NIBE Industrier AB's value of 5.54% is 84.1% above this industry median. Based on the distribution chart, NIBE Industrier AB ranks #493 out of 1776 companies in the Construction industry, which is above the industry midpoint. Overall, NIBE Industrier AB has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NIBE Industrier AB's Return-on-Tangible-Asset compare to TT and JCI?
According to the Construction industry distribution chart, NIBE Industrier AB ranks #493 out of 1776 companies for Return-on-Tangible-Asset. This puts NIBE Industrier AB in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.01. NIBE Industrier AB's value of 5.54% is 84.1% above this benchmark. Historically, NIBE Industrier AB's own Return-on-Tangible-Asset has ranged from 3.12 to 15.98 over the past decade. While the company's 10-year median is 13.97 vs. the industry median of 3.01, NIBE Industrier AB 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.01, based on 1,776 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. NIBE Industrier AB's current Return-on-Tangible-Asset of 5.54% is 84.1% 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 NIBE Industrier AB and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIBE Industrier AB's current Return-on-Tangible-Asset is 5.54%, which is 60% below median its own 10-year median of 13.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIBE Industrier AB stock overvalued right now?
Based on GuruFocus' analysis, NIBE Industrier AB (XSWX:NIBEB) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF3.73, compared to a current price of CHF2.97 — trading 20.4% below its estimated fair value. The current Return-on-Tangible-Asset is 5.54%, which is 60% below median its 10-year median of 13.97 and 84.1% above the Construction industry median of 3.01. NIBE Industrier AB's overall GF Score™ is 87/100 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 NIBE Industrier AB (XSWX:NIBEB), the current Return-on-Tangible-Asset is 5.54% 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 NIBE Industrier AB (XSWX:NIBEB) Overvalued in 2026?
Based on GuruFocus' analysis, NIBE Industrier AB stock appears to be undervalued.
The current stock price of CHF2.97 is trading 20.4% below its estimated GF Value™ of CHF3.73.
GuruFocus considers NIBE Industrier AB to be Modestly Undervalued.
Key valuation signals for XSWX:NIBEB:
Return-on-Tangible-Asset: 5.54% (60% below median its 10-year median of 13.97)
GF Value™: CHF3.73 vs. price of CHF2.97 (20.4% below fair value)
Industry Position: 84.1% above the Construction median (#493 of 1776)
No single metric tells the full story. See the XSWX:NIBEB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NIBE Industrier AB manufactures and sells energy-efficient products for industrial and consumer use. The firm is organized into three segments by product type. The climate solutions segment, which generates the majority of revenue, sells HVAC systems and hot water heaters to homes, apartment buildings, and other large properties. The elements segment sells components and elements to multiple industries, including appliance manufacturers, home remodelers, energy, and automotive. The stoves segment sells energy-efficient stoves and chimney systems to residential and commercial customers. The vast majority of revenue comes from Europe.
87GF Score
Get the complete analysis for XSWX:NIBEB
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:NIBEB has been successfully added to your 
