Nabaltec AGCHIX:NTGD 75 Return-on-Tangible-Equity is 4.57% as of Mar. 2026, which is 56% below its 10-year median of 10.40. GuruFocus rates CHIX:NTGD with a GF Score™ of 75/100 and a GF Value™ of €22.95. The stock has 5 warning signs investors should review. Among 1,571 Chemicals companies, Nabaltec AG ranks worse than 50.41% 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. Nabaltec AG's annualized net income for the quarter that ended in Mar. 2026 was €7.2 Mil. Nabaltec AG's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €158.0 Mil. Therefore, Nabaltec AG's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.57%.
The historical rank and industry rank for Nabaltec AG's Return-on-Tangible-Equity or its related term are showing as below:
CHIX:NTGd'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -22.48 Med: 10.4 Max: 23.04
Current: 5.61
During the past 13 years, Nabaltec AG's highest Return-on-Tangible-Equity was 23.04%. The lowest was -22.48%. And the median was 10.40%.
CHIX:NTGd's Return-on-Tangible-Equity is ranked worse than 50.41% of 1571
companies
in the Chemicals industry
Industry Median: 5.7
vs CHIX:NTGd: 5.61
Nabaltec AG (CHIX:NTGd) 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.
Nabaltec AG Return-on-Tangible-Equity Related Terms
Nabaltec AG Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Nabaltec AG'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.
CHIX:NTGD vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Nabaltec AG'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.
Nabaltec AG Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nabaltec AG's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nabaltec AG's Return-on-Tangible-Equity 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-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 four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 4.57% mean?
Nabaltec AG (CHIX:NTGD) has a Return-on-Tangible-Equity of 4.57% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Nabaltec AG and its competitors. This is 56% below median its historical median of 10.40. According to the industry distribution chart, Nabaltec AG ranks #792 out of 1571 companies in the Chemicals industry, placing it in the top 50.4%.
Is Nabaltec AG's Return-on-Tangible-Equity too high?
Nabaltec AG's current Return-on-Tangible-Equity of 4.57% is 56% below median its 10-year median of 10.40. The Chemicals industry median Return-on-Tangible-Equity is 5.70. Nabaltec AG's value of 4.57% is 19.8% below this industry median. Based on the distribution chart, Nabaltec AG ranks #792 out of 1571 companies in the Chemicals industry, which is below the industry midpoint. Overall, Nabaltec AG has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Nabaltec AG's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nabaltec AG ranks #792 out of 1571 companies for Return-on-Tangible-Equity. This places Nabaltec AG in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.70. Nabaltec AG's value of 4.57% is 19.8% below this benchmark. While the company's 10-year median is 10.40 vs. the industry median of 5.70, Nabaltec AG has consistently been below 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.70, based on 1,571 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. Nabaltec AG's current Return-on-Tangible-Equity of 4.57% is 19.8% below 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 Nabaltec AG and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nabaltec AG's current Return-on-Tangible-Equity is 4.57%, which is 56% below median its own 10-year median of 10.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nabaltec AG stock overvalued right now?
Nabaltec AG (CHIX:NTGD) has a current Return-on-Tangible-Equity of 4.57%. The stock's GF Value™ is €22.95, compared to a current price of €21.10 — trading 8.1% below its estimated fair value. The current Return-on-Tangible-Equity is 4.57%, which is 56% below median its 10-year median of 10.40 and 19.8% below the Chemicals industry median of 5.70. Nabaltec AG's overall GF Score™ is 75/100 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 Nabaltec AG (CHIX:NTGD), the current Return-on-Tangible-Equity is 4.57% 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 Nabaltec AG (CHIX:NTGD) Overvalued in 2026?
Based on GuruFocus' analysis, Nabaltec AG stock appears to be undervalued.
The current stock price of €21.10 is trading 8.1% below its estimated GF Value™ of €22.95.
Key valuation signals for CHIX:NTGD:
Return-on-Tangible-Equity: 4.57% (56% below median its 10-year median of 10.40)
GF Value™: €22.95 vs. price of €21.10 (8.1% below fair value)
Industry Position: 19.8% below the Chemicals median (#792 of 1571)
No single metric tells the full story. See the CHIX:NTGD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nabaltec AG develops, manufactures, and distributes environmentally friendly and specialized products based on mineral raw materials through its Group companies. The Company is a supplier of functional fillers and specialty aluminas based on aluminum hydroxide (ATH) and aluminum oxide. Its products include aluminum hydroxide, aluminum oxide, boehmite, and ceramic bodies. It operates through the Functional Fillers segment, which generates maximum revenue and mainly manufactures and distributes non-halogenated flame retardant fillers for the plastics and cable industry, as well as additives, and the Specialty Aluminas segment, which manufactures and distributes ceramic materials and ceramic bodies for applications in technical ceramics and the refractory industry.
75GF Score
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