Nordex SENRDXF 58 Return-on-Tangible-Equity is 40.01% as of Mar. 2026. GuruFocus rates NRDXF with a GF Score™ of 58/100 and a GF Value™ of $16.39 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,968 Industrial Products companies, Nordex SE ranks better than 96.16% 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. Nordex SE's annualized net income for the quarter that ended in Mar. 2026 was $249 Mil. Nordex SE's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $621 Mil. Therefore, Nordex SE's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 40.01%.
The historical rank and industry rank for Nordex SE's Return-on-Tangible-Equity or its related term are showing as below:
NRDXF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1237.23 Med: -61.37 Max: 85.19
Current: 85.19
During the past 13 years, Nordex SE's highest Return-on-Tangible-Equity was 85.19%. The lowest was -1,237.23%. And the median was -61.37%.
NRDXF's Return-on-Tangible-Equity is ranked better than 96.16% of 2968
companies
in the Industrial Products industry
Industry Median: 6.72
vs NRDXF: 85.19
Nordex SE (OTCPK:NRDXF) 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.
Nordex SE Return-on-Tangible-Equity Related Terms
Nordex SE Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Nordex SE'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.
NRDXF vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Nordex SE'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.
Nordex SE Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nordex SE's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nordex SE'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 40.01% mean?
Nordex SE (NRDXF) has a Return-on-Tangible-Equity of 40.01% 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 Nordex SE and its competitors. According to the industry distribution chart, Nordex SE ranks #114 out of 2968 companies in the Industrial Products industry, placing it in the top 3.8%.
Is Nordex SE's Return-on-Tangible-Equity too high?
Nordex SE's current Return-on-Tangible-Equity is 40.01%. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Nordex SE's value of 40.01% is 495.4% above this industry median. Based on the distribution chart, Nordex SE ranks #114 out of 2968 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Nordex SE has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordex SE's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nordex SE ranks #114 out of 2968 companies for Return-on-Tangible-Equity. This places Nordex SE in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.72. Nordex SE's value of 40.01% is 495.4% above this benchmark. 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 Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,968 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. Nordex SE's current Return-on-Tangible-Equity of 40.01% is 495.4% 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 Nordex SE and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordex SE's current Return-on-Tangible-Equity is 40.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordex SE stock overvalued right now?
Based on GuruFocus' analysis, Nordex SE (NRDXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $16.39, compared to a current price of $50.60 — trading 208.7% above its estimated fair value. The current Return-on-Tangible-Equity is 40.01% and 495.4% above the Industrial Products industry median of 6.72. Nordex SE's overall GF Score™ is 58/100 with 8 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 Nordex SE (NRDXF), the current Return-on-Tangible-Equity is 40.01% 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 Nordex SE (NRDXF) Overvalued in 2026?
Based on GuruFocus' analysis, Nordex SE stock appears to be overvalued.
The current stock price of $50.60 is trading 208.7% above its estimated GF Value™ of $16.39.
GuruFocus considers Nordex SE to be Significantly Overvalued.
Key valuation signals for NRDXF:
Return-on-Tangible-Equity: 40.01%
GF Value™: $16.39 vs. price of $50.60 (208.7% above fair value)
Industry Position: 495.4% above the Industrial Products median (#114 of 2968)
No single metric tells the full story. See the NRDXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nordex SE is a German company that develops, manufactures, services, and markets wind power systems. The company manages its activities via Projects and Service segments. The Projects segment includes all activities associated with the development, production, assembly, and commissioning of wind turbines, including project development. The Services segment provides services and products for turbines, which have been handed over to the customer, such as maintenance, remote monitoring of wind farms, repairs, technical and efficiency enhancements for existing turbines. The majority of the company's revenue is generated from the Projects segment. Geographically, it operates across different markets in Europe, North America, Latin America, and the Rest of the World.
58GF Score
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