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National Bank of KuwaitKKUW:NBK +2.67%49 Return-on-Tangible-Equity is 17.41% as of Jun. 2026, which is 31% above its 10-year median of 13.32. GuruFocus rates KUW:NBK with a GF Score™ of 49/100 and a GF Value™ of KWD0.94 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,523 Banks companies, National Bank of KuwaitK ranks better than 64.15% 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 Bank of KuwaitK's annualized net income for the quarter that ended in Jun. 2026 was KWD757 Mil. National Bank of KuwaitK's average shareholder tangible equity for the quarter that ended in Jun. 2026 was KWD4,351 Mil. Therefore, National Bank of KuwaitK's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 17.41%.
The historical rank and industry rank for National Bank of KuwaitK's Return-on-Tangible-Equity or its related term are showing as below:
KUW:NBK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.63 Med: 13.32 Max: 15.28
Current: 13.45
During the past 13 years, National Bank of KuwaitK's highest Return-on-Tangible-Equity was 15.28%. The lowest was 7.63%. And the median was 13.32%.
KUW:NBK's Return-on-Tangible-Equity is ranked better than 64.15% of 1523
companies
in the Banks industry
Industry Median: 11.29
vs KUW:NBK: 13.45
National Bank of KuwaitK (KUW:NBK) 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 Bank of KuwaitK Return-on-Tangible-Equity Related Terms
National Bank of KuwaitK Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for National Bank of KuwaitK'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 Bank of KuwaitK Return-on-Tangible-Equity Chart
KUW:NBK vs PNC: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, National Bank of KuwaitK'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 Bank of KuwaitK Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, National Bank of KuwaitK's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where National Bank of KuwaitK'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 17.41% mean?
National Bank of KuwaitK (KUW:NBK) has a Return-on-Tangible-Equity of 17.41% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on National Bank of KuwaitK and its competitors. This is 31% above median its historical median of 13.32. Over the past decade, National Bank of KuwaitK's Return-on-Tangible-Equity has ranged from 7.63 to 15.28. According to the industry distribution chart, National Bank of KuwaitK ranks #546 out of 1523 companies in the Banks industry, placing it in the top 35.9%.
Is National Bank of KuwaitK's Return-on-Tangible-Equity too high?
National Bank of KuwaitK's current Return-on-Tangible-Equity of 17.41% is 31% above median its 10-year median of 13.32. Over the past 10 years, this metric has ranged from a low of 7.63 to a high of 15.28. The Banks industry median Return-on-Tangible-Equity is 11.29. National Bank of KuwaitK's value of 17.41% is 54.2% above this industry median. Based on the distribution chart, National Bank of KuwaitK ranks #546 out of 1523 companies in the Banks industry, which is above the industry midpoint. Overall, National Bank of KuwaitK has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National Bank of KuwaitK's Return-on-Tangible-Equity compare to PNC?
According to the Banks industry distribution chart, National Bank of KuwaitK ranks #546 out of 1523 companies for Return-on-Tangible-Equity. This puts National Bank of KuwaitK in the upper half of its industry. The industry median Return-on-Tangible-Equity is 11.29. National Bank of KuwaitK's value of 17.41% is 54.2% above this benchmark. Historically, National Bank of KuwaitK's own Return-on-Tangible-Equity has ranged from 7.63 to 15.28 over the past decade. While the company's 10-year median is 13.32 vs. the industry median of 11.29, National Bank of KuwaitK 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 Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.29, based on 1,523 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 Bank of KuwaitK's current Return-on-Tangible-Equity of 17.41% is 54.2% 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 Bank of KuwaitK and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Bank of KuwaitK's current Return-on-Tangible-Equity is 17.41%, which is 31% above median its own 10-year median of 13.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Bank of KuwaitK stock overvalued right now?
Based on GuruFocus' analysis, National Bank of KuwaitK (KUW:NBK) is currently considered Modestly Undervalued. The stock's GF Value™ is KWD0.94, compared to a current price of KWD0.85 — trading 10.1% below its estimated fair value. The current Return-on-Tangible-Equity is 17.41%, which is 31% above median its 10-year median of 13.32 and 54.2% above the Banks industry median of 11.29. National Bank of KuwaitK's overall GF Score™ is 49/100 with 3 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 Bank of KuwaitK (KUW:NBK), the current Return-on-Tangible-Equity is 17.41% as of Jun. 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 National Bank of KuwaitK (KUW:NBK) Overvalued in 2026?
Based on GuruFocus' analysis, National Bank of KuwaitK stock appears to be undervalued.
The current stock price of KWD0.85 is trading 10.1% below its estimated GF Value™ of KWD0.94.
GuruFocus considers National Bank of KuwaitK to be Modestly Undervalued.
Key valuation signals for KUW:NBK:
Return-on-Tangible-Equity: 17.41% (31% above median its 10-year median of 13.32)
GF Value™: KWD0.94 vs. price of KWD0.85 (10.1% below fair value)
Industry Position: 54.2% above the Banks median (#546 of 1523)
No single metric tells the full story. See the KUW:NBK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Bank of Kuwait SAK is a financial institution. The company's operating segment includes Consumer Banking, Corporate Banking, NBK Wealth, Islamic Banking, Group Centre, and International Banking. The company generates maximum revenue from the International Banking segment. The International Banking segment provides diversified products and services including lending, deposits, trade finance, etc. to corporate and individual customers. Geographically, it derives a majority of its revenue from Kuwait and also has a presence in the Middle East and North Africa; Europe and UK, and Other Countries.
49GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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