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. NBI Bearings Europe's annualized net income for the quarter that ended in Dec. 2025 was €-0.91 Mil. NBI Bearings Europe's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €9.54 Mil. Therefore, NBI Bearings Europe's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -9.56%.
The historical rank and industry rank for NBI Bearings Europe's Return-on-Tangible-Equity or its related term are showing as below:
XMAD:NBI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.05 Med: 16.66 Max: 26.42
Current: -10.05
During the past 13 years, NBI Bearings Europe's highest Return-on-Tangible-Equity was 26.42%. The lowest was -10.05%. And the median was 16.66%.
XMAD:NBI's Return-on-Tangible-Equity is ranked worse than 86.47% of 2972
companies
in the Industrial Products industry
Industry Median: 6.72
vs XMAD:NBI: -10.05
NBI Bearings Europe (XMAD:NBI) 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.
NBI Bearings Europe Return-on-Tangible-Equity Related Terms
NBI Bearings Europe Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for NBI Bearings Europe'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.
NBI Bearings Europe Return-on-Tangible-Equity Chart
XMAD:NBI vs SNA, RBC, LECO: Return-on-Tangible-Equity Comparison
For the Tools & Accessories subindustry, NBI Bearings Europe'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.
NBI Bearings Europe Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NBI Bearings Europe's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where NBI Bearings Europe'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 -9.56% mean?
NBI Bearings Europe (XMAD:NBI) has a Return-on-Tangible-Equity of -9.56% 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 NBI Bearings Europe and its competitors. According to the industry distribution chart, NBI Bearings Europe ranks #2570 out of 2972 companies in the Industrial Products industry, placing it in the top 86.5%.
Is NBI Bearings Europe's Return-on-Tangible-Equity too high?
NBI Bearings Europe's current Return-on-Tangible-Equity is -9.56%. Based on the distribution chart, NBI Bearings Europe ranks #2570 out of 2972 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, NBI Bearings Europe has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NBI Bearings Europe's Return-on-Tangible-Equity compare to SNA and RBC?
According to the Industrial Products industry distribution chart, NBI Bearings Europe ranks #2570 out of 2972 companies for Return-on-Tangible-Equity. This places NBI Bearings Europe in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.72. 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 2,972 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 NBI Bearings Europe 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. NBI Bearings Europe's current Return-on-Tangible-Equity is -9.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NBI Bearings Europe stock overvalued right now?
Based on GuruFocus' analysis, NBI Bearings Europe (XMAD:NBI) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.27, compared to a current price of €3.20 — trading 25.1% below its estimated fair value. The current Return-on-Tangible-Equity is -9.56%. NBI Bearings Europe's overall GF Score™ is 85/100 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 NBI Bearings Europe (XMAD:NBI), the current Return-on-Tangible-Equity is -9.56% 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 NBI Bearings Europe (XMAD:NBI) Overvalued in 2026?
Based on GuruFocus' analysis, NBI Bearings Europe stock appears to be undervalued.
The current stock price of €3.20 is trading 25.1% below its estimated GF Value™ of €4.27.
GuruFocus considers NBI Bearings Europe to be Modestly Undervalued.
Key valuation signals for XMAD:NBI:
Return-on-Tangible-Equity: -9.56%
GF Value™: €4.27 vs. price of €3.20 (25.1% below fair value)
No single metric tells the full story. See the XMAD:NBI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NBI Bearings Europe SA is engaged in designing and production of bearings. Its product offerings include cylindrical roller bearings, tapered roller bearings, spherical roller bearings, needle roller bearings, support rollers, cam followers, cylindrical roller thrust bearings, spherical roller thrust bearings and ball bearings. The company also provides technical services, bearing selection, training and tailor made solutions.
85GF Score
Get the complete analysis for XMAD:NBI
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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