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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. National Life Insurance Co.'s annualized net income for the quarter that ended in Apr. 2026 was NPR699 Mil. National Life Insurance Co.'s average shareholder tangible equity for the quarter that ended in Apr. 2026 was NPR10,278 Mil. Therefore, National Life Insurance Co.'s annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 6.80%.
The historical rank and industry rank for National Life Insurance Co.'s Return-on-Tangible-Equity or its related term are showing as below:
XNEP:NLICL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.29 Med: 2.34 Max: 14.96
Current: 6.51
During the past 13 years, National Life Insurance Co.'s highest Return-on-Tangible-Equity was 14.96%. The lowest was 1.29%. And the median was 2.34%.
XNEP:NLICL's Return-on-Tangible-Equity is ranked worse than 74.6% of 496
companies
in the Insurance industry
Industry Median: 13.535
vs XNEP:NLICL: 6.51
National Life Insurance Co. (XNEP:NLICL) 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.
National Life Insurance Co. Return-on-Tangible-Equity Related Terms
National Life Insurance Co. Return-on-Tangible-Equity Historical Data
* 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.
National Life Insurance Co. Return-on-Tangible-Equity Chart
XNEP:NLICL vs AFL, MET, PRU: Return-on-Tangible-Equity Comparison
For the Insurance - Life subindustry, National Life Insurance Co.'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.
National Life Insurance Co. Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, National Life Insurance Co.'s Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where National Life Insurance Co.'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 6.80% mean?
National Life Insurance Co. (XNEP:NLICL) has a Return-on-Tangible-Equity of 6.80% 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 National Life Insurance Co. and its competitors. This is 191% above median its historical median of 2.34. Over the past decade, National Life Insurance Co.'s Return-on-Tangible-Equity has ranged from 1.29 to 14.96. According to the industry distribution chart, National Life Insurance Co. ranks #370 out of 496 companies in the Insurance industry, placing it in the top 74.6%.
Is National Life Insurance Co.'s Return-on-Tangible-Equity too high?
National Life Insurance Co.'s current Return-on-Tangible-Equity of 6.80% is 191% above median its 10-year median of 2.34. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 14.96. The Insurance industry median Return-on-Tangible-Equity is 13.54. National Life Insurance Co.'s value of 6.80% is 49.8% below this industry median. Based on the distribution chart, National Life Insurance Co. ranks #370 out of 496 companies in the Insurance industry, which is below the industry midpoint. Overall, National Life Insurance Co. has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National Life Insurance Co.'s Return-on-Tangible-Equity compare to AFL and MET?
According to the Insurance industry distribution chart, National Life Insurance Co. ranks #370 out of 496 companies for Return-on-Tangible-Equity. This places National Life Insurance Co. in the lower half of its industry. The industry median Return-on-Tangible-Equity is 13.54. National Life Insurance Co.'s value of 6.80% is 49.8% below this benchmark. Historically, National Life Insurance Co.'s own Return-on-Tangible-Equity has ranged from 1.29 to 14.96 over the past decade. While the company's 10-year median is 2.34 vs. the industry median of 13.54, National Life Insurance Co. 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 an Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.54, based on 496 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. National Life Insurance Co.'s current Return-on-Tangible-Equity of 6.80% is 49.8% 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 National Life Insurance Co. and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Life Insurance Co.'s current Return-on-Tangible-Equity is 6.80%, which is 191% above median its own 10-year median of 2.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Life Insurance Co. stock overvalued right now?
Based on GuruFocus' analysis, National Life Insurance Co. (XNEP:NLICL) is currently considered Modestly Undervalued. The stock's GF Value™ is NPR630.77, compared to a current price of NPR562.00 — trading 10.9% below its estimated fair value. The current Return-on-Tangible-Equity is 6.80%, which is 191% above median its 10-year median of 2.34 and 49.8% below the Insurance industry median of 13.54. National Life Insurance Co.'s overall GF Score™ is 98/100 with 5 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 National Life Insurance Co. (XNEP:NLICL), the current Return-on-Tangible-Equity is 6.80% 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 National Life Insurance Co. (XNEP:NLICL) Overvalued in 2026?
Based on GuruFocus' analysis, National Life Insurance Co. stock appears to be undervalued.
The current stock price of NPR562.00 is trading 10.9% below its estimated GF Value™ of NPR630.77.
GuruFocus considers National Life Insurance Co. to be Modestly Undervalued.
Key valuation signals for XNEP:NLICL:
Return-on-Tangible-Equity: 6.80% (191% above median its 10-year median of 2.34)
GF Value™: NPR630.77 vs. price of NPR562.00 (10.9% below fair value)
Industry Position: 49.8% below the Insurance median (#370 of 496)
No single metric tells the full story. See the XNEP:NLICL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Life Insurance Co. Ltd is engaged in the life insurance business, providing various life insurance products including participating and non-participating products through its province offices, branches, sub-branches, and network of agents. The company's offerings include individual plans, which consist of Endowment Assurance Plan, Childrens Plans, Money Back Plans, Whole Life Plans, Terms Assurance Plans, Retirement Plan and Single Premium Plan. The operating segments of the company include Endowment, Anticipated Endowment, Endowment Cum Whole Life, Foreign Employment Term, and Special Term. The company's main source of revenue is Premium Income, with the majority generated from endowment plans.
98GF Score
Get the complete analysis for XNEP:NLICL
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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