Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
CL Workshop GroupNWGL -2.20%19 Return-on-Tangible-Equity is -176.22% as of Dec. 2025. GuruFocus rates NWGL with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 279 Forest Products companies, CL Workshop Group ranks worse than 98.57% 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. CL Workshop Group's annualized net income for the quarter that ended in Dec. 2025 was $-11.83 Mil. CL Workshop Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $6.71 Mil. Therefore, CL Workshop Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -176.22%.
The historical rank and industry rank for CL Workshop Group's Return-on-Tangible-Equity or its related term are showing as below:
NWGL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -265.74 Med: 0 Max: 0
Current: -265.74
NWGL's Return-on-Tangible-Equity is ranked worse than 98.57% of 279
companies
in the Forest Products industry
Industry Median: 2.21
vs NWGL: -265.74
CL Workshop Group (NAS:NWGL) 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.
CL Workshop Group Return-on-Tangible-Equity Related Terms
CL Workshop Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for CL Workshop Group'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.
NWGL vs ITP, SSD, UFPI: Return-on-Tangible-Equity Comparison
For the Lumber & Wood Production subindustry, CL Workshop Group'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.
CL Workshop Group Return-on-Tangible-Equity vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, CL Workshop Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CL Workshop Group'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 -176.22% mean?
CL Workshop Group (NWGL) has a Return-on-Tangible-Equity of -176.22% 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 CL Workshop Group and its competitors. According to the industry distribution chart, CL Workshop Group ranks #275 out of 279 companies in the Forest Products industry, placing it in the top 98.6%.
Is CL Workshop Group's Return-on-Tangible-Equity too high?
CL Workshop Group's current Return-on-Tangible-Equity is -176.22%. Based on the distribution chart, CL Workshop Group ranks #275 out of 279 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, CL Workshop Group has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does CL Workshop Group's Return-on-Tangible-Equity compare to ITP and SSD?
According to the Forest Products industry distribution chart, CL Workshop Group ranks #275 out of 279 companies for Return-on-Tangible-Equity. This places CL Workshop Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 2.21. 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 Forest Products company?
The median Return-on-Tangible-Equity among Forest Products companies is 2.21, based on 279 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. 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 CL Workshop Group and its competitors. For the Forest Products industry, the median Return-on-Tangible-Equity is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CL Workshop Group's current Return-on-Tangible-Equity is -176.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CL Workshop Group stock overvalued right now?
CL Workshop Group (NWGL) has a current Return-on-Tangible-Equity of -176.22%. The current Return-on-Tangible-Equity is -176.22%. CL Workshop Group's overall GF Score™ is 19/100 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 CL Workshop Group (NWGL), the current Return-on-Tangible-Equity is -176.22% 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.
CL Workshop Group Ltd, formerly Nature Wood Group Ltd is a vertically-integrated forestry company that focuses on FSC business operations. It produces various products, including logs, decking, flooring, sawn timber. The Group owns natural forest concessions and cutting rights for exploiting timbers on parcels of land in Peru. The Group is organized into two operating divisions; Direct Purchase and Original Design Manufacturer (ODM) Services, and Manufacturing segments. The Direct Purchase and ODM Segment that derives the majority of revenue engages in the business of sourcing live wood and owning designed designs on wood products for sales to end customers.
19GF Score
Get the complete analysis for NWGL
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NWGL has been successfully added to your 
