National for Tourism Hotels (ADX:NCTH) Return-on-Tangible-Equity: 13.85% (As of Dec. 2025) — 132% Above Median

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ADX:NCTH National Corp for Tourism Hotels ADX:NCTH
68 GF Score
Price د.إ1.49
GF Value د.إ3.58
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is National for Tourism Hotels Return-on-Tangible-Equity?

National for Tourism Hotels ADX:NCTH -0.67% 68 Return-on-Tangible-Equity is 13.85% as of Dec. 2025, which is 132% above its 10-year median of 5.98. GuruFocus rates ADX:NCTH with a GF Score™ of 68/100 and a GF Value™ of د.إ3.58 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 793 Travel & Leisure companies, National for Tourism Hotels ranks better than 63.81% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. National for Tourism Hotels's annualized net income for the quarter that ended in Dec. 2025 was د.إ401 Mil. National for Tourism Hotels's average shareholder tangible equity for the quarter that ended in Dec. 2025 was د.إ2,894 Mil. Therefore, National for Tourism Hotels's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 13.85%.

The historical rank and industry rank for National for Tourism Hotels's Return-on-Tangible-Equity or its related term are showing as below:

ADX:NCTH' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.89   Med: 5.98   Max: 22.85
Current: 13.85

During the past 13 years, National for Tourism Hotels's highest Return-on-Tangible-Equity was 22.85%. The lowest was 2.89%. And the median was 5.98%.

ADX:NCTH's Return-on-Tangible-Equity is ranked better than
63.81% of 793 companies
in the Travel & Leisure industry
Industry Median: 7.69 vs ADX:NCTH: 13.85

National for Tourism Hotels  (ADX:NCTH) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


National for Tourism Hotels Return-on-Tangible-Equity Related Terms


National for Tourism Hotels Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for National for Tourism Hotels's Return-on-Tangible-Equity 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.

National for Tourism Hotels Return-on-Tangible-Equity Chart

National for Tourism Hotels Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.51 2.89 3.06 8.68 13.85

National for Tourism Hotels Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.51 2.89 3.06 8.68 13.85

ADX:NCTH vs MAR, HLT, H: Return-on-Tangible-Equity Comparison

For the Lodging subindustry, National for Tourism Hotels's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


National for Tourism Hotels Return-on-Tangible-Equity vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, National for Tourism Hotels's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where National for Tourism Hotels's Return-on-Tangible-Equity falls into.


ADX:NCTH
68GF Score
National Corp for Tourism Hotels ADX:NCTH
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National for Tourism Hotels Return-on-Tangible-Equity Calculation

National for Tourism Hotels's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=400.972/( (1365.006+4423.933 )/ 2 )
=400.972/2894.4695
=13.85 %

National for Tourism Hotels's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=400.972/( (1365.006+4423.933)/ 2 )
=400.972/2894.4695
=13.85 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is one times the annual (Dec. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 13.85% mean?
National for Tourism Hotels (ADX:NCTH) has a Return-on-Tangible-Equity of 13.85% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on National for Tourism Hotels and its competitors. This is 132% above median its historical median of 5.98. Over the past decade, National for Tourism Hotels' Return-on-Tangible-Equity has ranged from 2.89 to 22.85. According to the industry distribution chart, National for Tourism Hotels ranks #287 out of 793 companies in the Travel & Leisure industry, placing it in the top 36.2%.
Is National for Tourism Hotels' Return-on-Tangible-Equity too high?
National for Tourism Hotels' current Return-on-Tangible-Equity of 13.85% is 132% above median its 10-year median of 5.98. Over the past 10 years, this metric has ranged from a low of 2.89 to a high of 22.85. The Travel & Leisure industry median Return-on-Tangible-Equity is 7.69. National for Tourism Hotels' value of 13.85% is 80.1% above this industry median. Based on the distribution chart, National for Tourism Hotels ranks #287 out of 793 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, National for Tourism Hotels has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National for Tourism Hotels' Return-on-Tangible-Equity compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, National for Tourism Hotels ranks #287 out of 793 companies for Return-on-Tangible-Equity. This puts National for Tourism Hotels in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.69. National for Tourism Hotels' value of 13.85% is 80.1% above this benchmark. Historically, National for Tourism Hotels' own Return-on-Tangible-Equity has ranged from 2.89 to 22.85 over the past decade. While the company's 10-year median is 5.98 vs. the industry median of 7.69, National for Tourism Hotels 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-Equity for a Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.69, based on 793 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National for Tourism Hotels's current Return-on-Tangible-Equity of 13.85% is 80.1% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on National for Tourism Hotels and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National for Tourism Hotels's current Return-on-Tangible-Equity is 13.85%, which is 132% above median its own 10-year median of 5.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National for Tourism Hotels stock overvalued right now?
Based on GuruFocus' analysis, National for Tourism Hotels (ADX:NCTH) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ3.58, compared to a current price of د.إ1.49 — trading 58.4% below its estimated fair value. The current Return-on-Tangible-Equity is 13.85%, which is 132% above median its 10-year median of 5.98 and 80.1% above the Travel & Leisure industry median of 7.69. National for Tourism Hotels' overall GF Score™ is 68/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For National for Tourism Hotels (ADX:NCTH), the current Return-on-Tangible-Equity is 13.85% 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 National for Tourism Hotels (ADX:NCTH) Overvalued in 2026?

Based on GuruFocus' analysis, National for Tourism Hotels stock appears to be undervalued. The current stock price of د.إ1.49 is trading 58.4% below its estimated GF Value™ of د.إ3.58. GuruFocus considers National for Tourism Hotels to be Significantly Undervalued.

Key valuation signals for ADX:NCTH:

  • Return-on-Tangible-Equity: 13.85% (132% above median its 10-year median of 5.98)
  • GF Value™: د.إ3.58 vs. price of د.إ1.49 (58.4% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 80.1% above the Travel & Leisure median (#287 of 793)

No single metric tells the full story. See the ADX:NCTH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National for Tourism Hotels Business Description

Address Airport Road, P.O. Box 6942, Abu Dhabi, ARE
National Corp for Tourism Hotels owns, manages, and invests in hotels and leisure complexes. The company operates through four main segments: Hotels, which provide room and food and beverage services to customers; Retail services, offering beverage sales to customers; Catering services, which deliver contract-based catering solutions; and Holding, responsible for managing the corporation's investments, overseeing hotel development and management, and coordinating overall corporate activities. It generates maximum revenue from the Catering Services segment. Geographically, it operates only in the United Arab Emirates (UAE).
68GF Score

Get the complete analysis for ADX:NCTH

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ1.49
Price
د.إ3.58
GF Value