NIB HoldingsNIBHF 84 Return-on-Tangible-Equity is 26.48% as of Dec. 2025, which is 39% below its 10-year median of 43.29. GuruFocus rates NIBHF with a GF Score™ of 84/100. The stock has 7 warning signs investors should review. Among 500 Insurance companies, NIB Holdings ranks better than 86.2% 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. NIB Holdings's annualized net income for the quarter that ended in Dec. 2025 was $110.17 Mil. NIB Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $415.97 Mil. Therefore, NIB Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 26.48%.
The historical rank and industry rank for NIB Holdings's Return-on-Tangible-Equity or its related term are showing as below:
NIBHF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 32.37 Med: 43.29 Max: 62.91
Current: 34.33
During the past 13 years, NIB Holdings's highest Return-on-Tangible-Equity was 62.91%. The lowest was 32.37%. And the median was 43.29%.
NIBHF's Return-on-Tangible-Equity is ranked better than 86.2% of 500
companies
in the Insurance industry
Industry Median: 13.53
vs NIBHF: 34.33
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.
NIB Holdings Return-on-Tangible-Equity Related Terms
NIB Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for NIB Holdings'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.
NIBHF vs FNF, AXS, FAF: Return-on-Tangible-Equity Comparison
For the Insurance - Specialty subindustry, NIB Holdings'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.
NIB Holdings Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, NIB Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where NIB Holdings'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 two times the semi-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 26.48% mean?
NIB Holdings (NIBHF) has a Return-on-Tangible-Equity of 26.48% 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 NIB Holdings and its competitors. This is 39% below median its historical median of 43.29. Over the past decade, NIB Holdings' Return-on-Tangible-Equity has ranged from 32.37 to 62.91. According to the industry distribution chart, NIB Holdings ranks #69 out of 500 companies in the Insurance industry, placing it in the top 13.8%.
Is NIB Holdings' Return-on-Tangible-Equity too high?
NIB Holdings' current Return-on-Tangible-Equity of 26.48% is 39% below median its 10-year median of 43.29. Over the past 10 years, this metric has ranged from a low of 32.37 to a high of 62.91. The Insurance industry median Return-on-Tangible-Equity is 13.53. NIB Holdings' value of 26.48% is 95.7% above this industry median. Based on the distribution chart, NIB Holdings ranks #69 out of 500 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, NIB Holdings has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does NIB Holdings' Return-on-Tangible-Equity compare to FNF and AXS?
According to the Insurance industry distribution chart, NIB Holdings ranks #69 out of 500 companies for Return-on-Tangible-Equity. This places NIB Holdings in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 13.53. NIB Holdings' value of 26.48% is 95.7% above this benchmark. Historically, NIB Holdings' own Return-on-Tangible-Equity has ranged from 32.37 to 62.91 over the past decade. While the company's 10-year median is 43.29 vs. the industry median of 13.53, NIB Holdings 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 an Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.53, based on 500 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. NIB Holdings's current Return-on-Tangible-Equity of 26.48% is 95.7% 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 NIB Holdings and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIB Holdings's current Return-on-Tangible-Equity is 26.48%, which is 39% below median its own 10-year median of 43.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIB Holdings stock overvalued right now?
NIB Holdings (NIBHF) has a current Return-on-Tangible-Equity of 26.48%. The current Return-on-Tangible-Equity is 26.48%, which is 39% below median its 10-year median of 43.29 and 95.7% above the Insurance industry median of 13.53. NIB Holdings' overall GF Score™ is 84/100 with 7 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 NIB Holdings (NIBHF), the current Return-on-Tangible-Equity is 26.48% 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.
NIB Holdings is Australia's fourth-largest health fund. It is a national provider of private health insurance, life insurance, travel insurance, and related healthcare services, with a growing presence in New Zealand. Approximately 55% of the population is covered by private health insurance because of taxation benefits, shorter wait times, a choice of doctor and hospital, and cover of ancillary health services.
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