NCKAF (Nickel Asia) ROE % Adjusted to Book Value: 3.35% (As of Mar. 2026)


NCKAF Nickel Asia Corp NCKAF
94 GF Score
Price $0.10
GF Value $0.06
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Nickel Asia ROE % Adjusted to Book Value?

Nickel Asia NCKAF 94 ROE % Adjusted to Book Value is 3.35% as of Mar. 2026. GuruFocus rates NCKAF with a GF Score™ of 94/100 and a GF Value™ of $0.06 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Nickel Asia's ROE % for the quarter that ended in Mar. 2026 was 3.82%. Nickel Asia's PB Ratio for the quarter that ended in Mar. 2026 was 1.14. Nickel Asia's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 3.35%.


Nickel Asia ROE % Adjusted to Book Value Related Terms


Nickel Asia ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Nickel Asia's ROE % Adjusted to Book Value 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.

Nickel Asia ROE % Adjusted to Book Value Chart

Nickel Asia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 7.07 3.30 13.90 12.16

Nickel Asia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.10 18.84 18.51 8.04 3.35

Nickel Asia ROE % Adjusted to Book Value Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Nickel Asia's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


Nickel Asia ROE % Adjusted to Book Value vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nickel Asia's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Nickel Asia's ROE % Adjusted to Book Value falls into.


NCKAF
94GF Score
Nickel Asia Corp NCKAF
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Nickel Asia ROE % Adjusted to Book Value Calculation

Nickel Asia's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=16.42% / 1.35
=12.16%

Nickel Asia's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=3.82% / 1.14
=3.35%

* 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.

What does a ROE % Adjusted to Book Value of 3.35% mean?
Nickel Asia (NCKAF) has a ROE % Adjusted to Book Value of 3.35% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Nickel Asia and its competitors.
Is Nickel Asia's ROE % Adjusted to Book Value too high?
Nickel Asia's current ROE % Adjusted to Book Value is 3.35%. Overall, Nickel Asia has a GF Score™ of 94/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nickel Asia's ROE % Adjusted to Book Value compare to competitors?
Nickel Asia's ROE % Adjusted to Book Value of 3.35% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Metals & Mining company?
A good ROE % Adjusted to Book Value depends on the Metals & Mining industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Nickel Asia and its competitors. Nickel Asia's current ROE % Adjusted to Book Value is 3.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel Asia stock overvalued right now?
Based on GuruFocus' analysis, Nickel Asia (NCKAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.06, compared to a current price of $0.10 — trading 66.7% above its estimated fair value. The current ROE % Adjusted to Book Value is 3.35%. Nickel Asia's overall GF Score™ is 94/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Nickel Asia (NCKAF), the current ROE % Adjusted to Book Value is 3.35% 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 Nickel Asia (NCKAF) Overvalued in 2026?

Based on GuruFocus' analysis, Nickel Asia stock appears to be overvalued. The current stock price of $0.10 is trading 66.7% above its estimated GF Value™ of $0.06. GuruFocus considers Nickel Asia to be Significantly Overvalued.

Key valuation signals for NCKAF:

  • ROE % Adjusted to Book Value: 3.35%
  • GF Value™: $0.06 vs. price of $0.10 (66.7% above fair value)
  • GF Score™: 94/100 with 3 warning signs

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


Nickel Asia Business Description

Other Exchanges NIKL:Philippines
Address 32nd Street, Bonifacio Global City, 28th Floor, NAC Tower, Taguig, PHL, 1634
Nickel Asia Corp is a diversified natural resources development company is principally engaged in the business of producing beneficiated nickel ore, limestone, and quarry materials, rendering of services, and generating revenue from sale of power. The company has three operating segments which is The mining segment which accounts for a majority of the company's revenue includes the mining and exploration of nickel saprolite and limonite ore, limestone, and quarry materials, the services segment includes chartering out of LCT, construction and rendering of services to CBNC, THNC, and other parties and leasing of aircraft to WAISC, and the power segment is into power generation and exploration for geothermal resources.
94GF Score

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

$0.10
Price
$0.06
GF Value