NLB Banka a.d. Skopje (XMAE:TNB) ROCE %: % (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XMAE:TNB NLB Banka a.d. Skopje XMAE:TNB
77 GF Score
Price MKD53,200.00
GF Value MKD54,430.20
Valuation Fairly Valued
! 1 Warning Sign
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What is NLB Banka a.d. Skopje ROCE %?

NLB Banka a.d. Skopje XMAE:TNB -0.56% 77 ROCE % is % as of Dec. 2025. GuruFocus rates XMAE:TNB with a GF Score™ of 77/100 and a GF Value™ of MKD54,430.20 (Fairly Valued). The stock has 1 warning sign investors should review.

ROCE % does not apply to banks and insurance companies.

XMAE:TNB
77GF Score
NLB Banka a.d. Skopje XMAE:TNB
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of % mean?
NLB Banka a.d. Skopje (XMAE:TNB) has a ROCE % of % as of Dec. 2025.
Is NLB Banka a.d. Skopje's ROCE % too high?
NLB Banka a.d. Skopje's current ROCE % is %. Overall, NLB Banka a.d. Skopje has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NLB Banka a.d. Skopje's ROCE % compare to PNC and USB?
NLB Banka a.d. Skopje's ROCE % of % can be compared against companies in the Banks industry. The industry median ROCE % is 3.22. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Banks company?
The median ROCE % among Banks companies is 3.22, based on 47 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Banks industry, the median ROCE % is 3.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NLB Banka a.d. Skopje's current ROCE % is %. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NLB Banka a.d. Skopje stock overvalued right now?
Based on GuruFocus' analysis, NLB Banka a.d. Skopje (XMAE:TNB) is currently considered Fairly Valued. The stock's GF Value™ is MKD54,430.20, compared to a current price of MKD53,200.00 — trading 2.3% below its estimated fair value. The current ROCE % is %. NLB Banka a.d. Skopje's overall GF Score™ is 77/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For NLB Banka a.d. Skopje (XMAE:TNB), the current ROCE % is % 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 NLB Banka a.d. Skopje (XMAE:TNB) Overvalued in 2026?

Based on GuruFocus' analysis, NLB Banka a.d. Skopje stock appears to be undervalued. The current stock price of MKD53,200.00 is trading 2.3% below its estimated GF Value™ of MKD54,430.20. GuruFocus considers NLB Banka a.d. Skopje to be Fairly Valued.

Key valuation signals for XMAE:TNB:

  • ROCE %: %
  • GF Value™: MKD54,430.20 vs. price of MKD53,200.00 (2.3% below fair value)
  • GF Score™: 77/100 with 1 warning sign

No single metric tells the full story. See the XMAE:TNB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NLB Banka a.d. Skopje Business Description

Address Majka Tereza No.1, Skopje, MKD, 1000
NLB Banka a.d. Skopje is a bank in the Republic of Macedonia. It provides general banking services like accepting deposits, granting loans and advances, foreign exchange, asset management, retail banking services, brokerage services, custody services, and many others. The bank operates in the Republic of Macedonia, EU countries, Non-EU countries in Europe, and other countries.
77GF Score

Get the complete analysis for XMAE:TNB

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MKD53,200.00
Price
MKD54,430.20
GF Value