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. Natac Natural Ingredients's annualized net income for the quarter that ended in Dec. 2025 was €12.01 Mil. Natac Natural Ingredients's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €-20.75 Mil. Therefore, Natac Natural Ingredients's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was Negative Tangible Equity%.
The historical rank and industry rank for Natac Natural Ingredients's Return-on-Tangible-Equity or its related term are showing as below:
XMAD:NAT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.84 Med: 6.28 Max: 97.88
Current: Negative Tangible Equity
During the past 13 years, Natac Natural Ingredients's highest Return-on-Tangible-Equity was 97.88%. The lowest was -3.84%. And the median was 6.28%.
XMAD:NAT's Return-on-Tangible-Equity is ranked better than 99.87% of 1571
companies
in the Chemicals industry
Industry Median: 5.7
vs XMAD:NAT: Negative Tangible Equity
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.
Natac Natural Ingredients Return-on-Tangible-Equity Related Terms
Natac Natural Ingredients Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Natac Natural Ingredients'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.
XMAD:NAT vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Natac Natural Ingredients'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.
Natac Natural Ingredients Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Natac Natural Ingredients's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Natac Natural Ingredients'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 Negative Tangible Equity% mean?
Natac Natural Ingredients (XMAD:NAT) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Natac Natural Ingredients and its competitors. According to the industry distribution chart, Natac Natural Ingredients ranks #2 out of 1571 companies in the Chemicals industry, placing it in the top 0.099999999999994%.
Is Natac Natural Ingredients' Return-on-Tangible-Equity too high?
Natac Natural Ingredients' current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, Natac Natural Ingredients ranks #2 out of 1571 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Natac Natural Ingredients has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Natac Natural Ingredients' Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Natac Natural Ingredients ranks #2 out of 1571 companies for Return-on-Tangible-Equity. This places Natac Natural Ingredients in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.70. 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.70, based on 1,571 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 Natac Natural Ingredients and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natac Natural Ingredients's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natac Natural Ingredients stock overvalued right now?
Based on GuruFocus' analysis, Natac Natural Ingredients (XMAD:NAT) is currently considered Significantly Undervalued. The stock's GF Value™ is €1.06, compared to a current price of €0.59 — trading 44.8% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Natac Natural Ingredients' overall GF Score™ is 60/100 with 6 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 Natac Natural Ingredients (XMAD:NAT), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 Natac Natural Ingredients (XMAD:NAT) Overvalued in 2026?
Based on GuruFocus' analysis, Natac Natural Ingredients stock appears to be undervalued.
The current stock price of €0.59 is trading 44.8% below its estimated GF Value™ of €1.06.
GuruFocus considers Natac Natural Ingredients to be Significantly Undervalued.
No single metric tells the full story. See the XMAD:NAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Natac Natural Ingredients SA is engaged in producing sustainable natural ingredients from botanicals and fish. The company researches, develops, produces, and markets natural ingredients derived from plant extracts. The group has two operating segments: Vegetable extracts, and Omega-3, of which it derives maximum revenue from Vegetable Extracts.
60GF Score
Get the complete analysis for XMAD:NAT
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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