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NIC Asia BankXNEP:NICA -1.12%74 Return-on-Tangible-Equity is 1.24% as of Apr. 2026, which is 93% below its 10-year median of 16.63. GuruFocus rates XNEP:NICA with a GF Score™ of 74/100 and a GF Value™ of NPR380.28 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,521 Banks companies, NIC Asia Bank ranks worse than 95.53% 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. NIC Asia Bank's annualized net income for the quarter that ended in Apr. 2026 was NPR347 Mil. NIC Asia Bank's average shareholder tangible equity for the quarter that ended in Apr. 2026 was NPR27,960 Mil. Therefore, NIC Asia Bank's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 1.24%.
The historical rank and industry rank for NIC Asia Bank's Return-on-Tangible-Equity or its related term are showing as below:
XNEP:NICA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -14.41 Med: 16.63 Max: 23.74
Current: 0.11
During the past 13 years, NIC Asia Bank's highest Return-on-Tangible-Equity was 23.74%. The lowest was -14.41%. And the median was 16.63%.
XNEP:NICA's Return-on-Tangible-Equity is ranked worse than 95.53% of 1521
companies
in the Banks industry
Industry Median: 11.42
vs XNEP:NICA: 0.11
NIC Asia Bank (XNEP:NICA) 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.
NIC Asia Bank Return-on-Tangible-Equity Related Terms
NIC Asia Bank Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for NIC Asia Bank'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.
NIC Asia Bank Return-on-Tangible-Equity Competitor Comparison
For the Banks - Regional subindustry, NIC Asia Bank'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.
NIC Asia Bank Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, NIC Asia Bank's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where NIC Asia Bank'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 (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 1.24% mean?
NIC Asia Bank (XNEP:NICA) has a Return-on-Tangible-Equity of 1.24% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on NIC Asia Bank and its competitors. This is 93% below median its historical median of 16.63. According to the industry distribution chart, NIC Asia Bank ranks #1453 out of 1521 companies in the Banks industry, placing it in the top 95.5%.
Is NIC Asia Bank's Return-on-Tangible-Equity too high?
NIC Asia Bank's current Return-on-Tangible-Equity of 1.24% is 93% below median its 10-year median of 16.63. The Banks industry median Return-on-Tangible-Equity is 11.42. NIC Asia Bank's value of 1.24% is 89.1% below this industry median. Based on the distribution chart, NIC Asia Bank ranks #1453 out of 1521 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, NIC Asia Bank has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NIC Asia Bank's Return-on-Tangible-Equity compare to competitors?
According to the Banks industry distribution chart, NIC Asia Bank ranks #1453 out of 1521 companies for Return-on-Tangible-Equity. This places NIC Asia Bank in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.42. NIC Asia Bank's value of 1.24% is 89.1% below this benchmark. While the company's 10-year median is 16.63 vs. the industry median of 11.42, NIC Asia Bank has consistently been below 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 Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.42, based on 1,521 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. NIC Asia Bank's current Return-on-Tangible-Equity of 1.24% is 89.1% below 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 NIC Asia Bank and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIC Asia Bank's current Return-on-Tangible-Equity is 1.24%, which is 93% below median its own 10-year median of 16.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIC Asia Bank stock overvalued right now?
Based on GuruFocus' analysis, NIC Asia Bank (XNEP:NICA) is currently considered Modestly Undervalued. The stock's GF Value™ is NPR380.28, compared to a current price of NPR336.10 — trading 11.6% below its estimated fair value. The current Return-on-Tangible-Equity is 1.24%, which is 93% below median its 10-year median of 16.63 and 89.1% below the Banks industry median of 11.42. NIC Asia Bank's overall GF Score™ is 74/100 with 2 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 NIC Asia Bank (XNEP:NICA), the current Return-on-Tangible-Equity is 1.24% as of Apr. 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 NIC Asia Bank (XNEP:NICA) Overvalued in 2026?
Based on GuruFocus' analysis, NIC Asia Bank stock appears to be undervalued.
The current stock price of NPR336.10 is trading 11.6% below its estimated GF Value™ of NPR380.28.
GuruFocus considers NIC Asia Bank to be Modestly Undervalued.
Key valuation signals for XNEP:NICA:
Return-on-Tangible-Equity: 1.24% (93% below median its 10-year median of 16.63)
GF Value™: NPR380.28 vs. price of NPR336.10 (11.6% below fair value)
Industry Position: 89.1% below the Banks median (#1453 of 1521)
No single metric tells the full story. See the XNEP:NICA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NIC Asia Bank Ltd is engaged in commercial banking services in Nepal. It is organized for management and reporting purposes into segments such as Retail Banking, Corporate Banking, SME Banking, Deprived Sector Banking (DSL), Treasury, Transaction Banking (TB) and Other Banking. It generates a vast majority of the revenues from the Retail banking segment.
74GF Score
Get the complete analysis for XNEP:NICA
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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