NicholsNJMVF 74 Return-on-Tangible-Equity is 28.29% as of Dec. 2025, which is 29% above its 10-year median of 21.90. GuruFocus rates NJMVF with a GF Score™ of 74/100 and a GF Value™ of $22.50. The stock has 1 warning sign investors should review. Among 108 Beverages - Non-Alcoholic companies, Nichols ranks better than 73.15% 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. Nichols's annualized net income for the quarter that ended in Dec. 2025 was $34.6 Mil. Nichols's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $122.3 Mil. Therefore, Nichols's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 28.29%.
The historical rank and industry rank for Nichols's Return-on-Tangible-Equity or its related term are showing as below:
NJMVF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -26.89 Med: 21.9 Max: 46.57
Current: 24.24
During the past 13 years, Nichols's highest Return-on-Tangible-Equity was 46.57%. The lowest was -26.89%. And the median was 21.90%.
NJMVF's Return-on-Tangible-Equity is ranked better than 73.15% of 108
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 13.27
vs NJMVF: 24.24
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.
Nichols Return-on-Tangible-Equity Related Terms
Nichols Return-on-Tangible-Equity Historical Data
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The historical data trend for Nichols'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.
NJMVF vs KO, PEP, MNST: Return-on-Tangible-Equity Comparison
For the Beverages - Non-Alcoholic subindustry, Nichols'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.
Nichols Return-on-Tangible-Equity vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Nichols's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nichols'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 28.29% mean?
Nichols (NJMVF) has a Return-on-Tangible-Equity of 28.29% 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 Nichols and its competitors. This is 29% above median its historical median of 21.90. According to the industry distribution chart, Nichols ranks #29 out of 108 companies in the Beverages - Non-Alcoholic industry, placing it in the top 26.9%.
Is Nichols' Return-on-Tangible-Equity too high?
Nichols' current Return-on-Tangible-Equity of 28.29% is 29% above median its 10-year median of 21.90. The Beverages - Non-Alcoholic industry median Return-on-Tangible-Equity is 13.27. Nichols' value of 28.29% is 113.2% above this industry median. Based on the distribution chart, Nichols ranks #29 out of 108 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, Nichols has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Nichols' Return-on-Tangible-Equity compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Nichols ranks #29 out of 108 companies for Return-on-Tangible-Equity. This puts Nichols in the upper half of its industry. The industry median Return-on-Tangible-Equity is 13.27. Nichols' value of 28.29% is 113.2% above this benchmark. While the company's 10-year median is 21.90 vs. the industry median of 13.27, Nichols 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 Beverages - Non-Alcoholic company?
The median Return-on-Tangible-Equity among Beverages - Non-Alcoholic companies is 13.27, based on 108 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. Nichols's current Return-on-Tangible-Equity of 28.29% is 113.2% 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 Nichols and its competitors. For the Beverages - Non-Alcoholic industry, the median Return-on-Tangible-Equity is 13.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nichols's current Return-on-Tangible-Equity is 28.29%, which is 29% above median its own 10-year median of 21.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nichols stock overvalued right now?
Nichols (NJMVF) has a current Return-on-Tangible-Equity of 28.29%. The stock's GF Value™ is $22.50, compared to a current price of $19.09 — trading 15.2% below its estimated fair value. The current Return-on-Tangible-Equity is 28.29%, which is 29% above median its 10-year median of 21.90 and 113.2% above the Beverages - Non-Alcoholic industry median of 13.27. Nichols' overall GF Score™ is 74/100 with 1 warning sign 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 Nichols (NJMVF), the current Return-on-Tangible-Equity is 28.29% 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 Nichols (NJMVF) Overvalued in 2026?
Based on GuruFocus' analysis, Nichols stock appears to be undervalued.
The current stock price of $19.09 is trading 15.2% below its estimated GF Value™ of $22.50.
Key valuation signals for NJMVF:
Return-on-Tangible-Equity: 28.29% (29% above median its 10-year median of 21.90)
GF Value™: $22.50 vs. price of $19.09 (15.2% below fair value)
Industry Position: 113.2% above the Beverages - Non-Alcoholic median (#29 of 108)
No single metric tells the full story. See the NJMVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nichols PLC is an international soft drinks company that sells products in both the still and carbonated categories. The company markets its products under the Vimto brand, which is popular in the UK and around the globe, particularly in the Middle East & Africa. Other brands in its portfolio include Slush Puppie, Starslush, Fryst, Icee, Levi Roots, & Sunkist. Geographically, the majority of the company's revenue comes from the United Kingdom. The company has one segment, which includes Packaged, comprising the Group's manufactured concentrate & packaged bottle & can sales for distribution through grocery stores, wholesalers, convenience stores, & independent retailers. Out of Home comprises the Group's postmix soft drinks, premium mixers, & ICEE frozen drinks for consumption out of home.
74GF Score
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