NKT ASNRKBF +25.23%80 ROA % is 4.34% as of Mar. 2026, which is 184% above its 10-year median of 1.53. GuruFocus rates NRKBF with a GF Score™ of 80/100 and a GF Value™ of $96.21 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 3,081 Industrial Products companies, NKT AS ranks better than 66.5% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. NKT AS's annualizedNet Income for the quarter that ended in Mar. 2026 was $282 Mil.
NKT AS's average Total Assets over the quarter that ended in Mar. 2026 was $6,497 Mil. Therefore, NKT AS's annualized ROA % for the quarter that ended in Mar. 2026 was 4.34%.
The historical rank and industry rank for NKT AS's ROA % or its related term are showing as below:
NRKBF'
s ROA % Range Over the Past 10 Years
Min: -4.17 Med: 1.53 Max: 50.88
Current: 5.36
During the past 13 years, NKT AS's highest ROA % was 50.88%. The lowest was -4.17%. And the median was 1.53%.
NRKBF's ROA % is ranked better than 66.5% of 3081
companies
in the Industrial Products industry
Industry Median: 3.06
vs NRKBF: 5.36
NKT AS (OTCPK:NRKBF) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
NKT AS ROA % Related Terms
NKT AS ROA % Historical Data
* Premium members only.
The historical data trend for NKT AS's ROA % 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.
For the Electrical Equipment & Parts subindustry, NKT AS's ROA %, along with its competitors' market caps and ROA % 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.
NKT AS ROA % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NKT AS's ROA % distribution charts can be found below:
* The bar in red indicates where NKT AS's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
NKT AS (NRKBF) has a ROA % of 4.34% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on NKT AS and its competitors. This is 184% above median its historical median of 1.53. According to the industry distribution chart, NKT AS ranks #1032 out of 3081 companies in the Industrial Products industry, placing it in the top 33.5%.
Is NKT AS's ROA % too high?
NKT AS's current ROA % of 4.34% is 184% above median its 10-year median of 1.53. The Industrial Products industry median ROA % is 3.06. NKT AS's value of 4.34% is 41.8% above this industry median. Based on the distribution chart, NKT AS ranks #1032 out of 3081 companies in the Industrial Products industry, which is above the industry midpoint. Overall, NKT AS has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NKT AS's ROA % compare to VRT and BE?
According to the Industrial Products industry distribution chart, NKT AS ranks #1032 out of 3081 companies for ROA %. This puts NKT AS in the upper half of its industry. The industry median ROA % is 3.06. NKT AS's value of 4.34% is 41.8% above this benchmark. While the company's 10-year median is 1.53 vs. the industry median of 3.06, NKT AS has consistently been above 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 ROA % for an Industrial Products company?
The median ROA % among Industrial Products companies is 3.06, based on 3,081 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NKT AS's current ROA % of 4.34% is 41.8% above 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on NKT AS and its competitors. For the Industrial Products industry, the median ROA % is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NKT AS's current ROA % is 4.34%, which is 184% above median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NKT AS stock overvalued right now?
Based on GuruFocus' analysis, NKT AS (NRKBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $96.21, compared to a current price of $158.30 — trading 64.5% above its estimated fair value. The current ROA % is 4.34%, which is 184% above median its 10-year median of 1.53 and 41.8% above the Industrial Products industry median of 3.06. NKT AS's overall GF Score™ is 80/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For NKT AS (NRKBF), the current ROA % is 4.34% as of Mar. 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 NKT AS (NRKBF) Overvalued in 2026?
Based on GuruFocus' analysis, NKT AS stock appears to be overvalued.
The current stock price of $158.30 is trading 64.5% above its estimated GF Value™ of $96.21.
GuruFocus considers NKT AS to be Significantly Overvalued.
Key valuation signals for NRKBF:
ROA %: 4.34% (184% above median its 10-year median of 1.53)
GF Value™: $96.21 vs. price of $158.30 (64.5% above fair value)
Industry Position: 41.8% above the Industrial Products median (#1032 of 3081)
No single metric tells the full story. See the NRKBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NKT AS is a Denmark-based provider of cable technology. The company, along with its subsidiaries, operates in the following segments; Solutions, Applications, and Service & Accessories. Maximum revenue is generated from the Solutions segment which caters to the high-voltage power cable market and is involved in the manufacturing and installation of high-voltage cables and products for onshore power transmission and distribution, power-from-shore, cable projects, offshore wind connections, and other projects. This segment also owns and operates a cable-laying vessel, NKT Victoria. Geographically, the company generates maximum revenue from Germany followed by the United States of America, the United Kingdom, Poland, Norway, Denmark, and other regions.
80GF Score
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