Neco Insurance Co (XNEP:NIL) ROE % Adjusted to Book Value: 3.69% (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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.

XNEP:NIL Neco Insurance Co Ltd XNEP:NIL
98 GF Score
Price NPR617.10
GF Value NPR735.70
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Neco Insurance Co ROE % Adjusted to Book Value?

Neco Insurance Co XNEP:NIL -0.39% 98 ROE % Adjusted to Book Value is 3.69% as of Apr. 2026. GuruFocus rates XNEP:NIL with a GF Score™ of 98/100 and a GF Value™ of NPR735.70 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Neco Insurance Co's ROE % for the quarter that ended in Apr. 2026 was 9.45%. Neco Insurance Co's PB Ratio for the quarter that ended in Apr. 2026 was 2.56. Neco Insurance Co's ROE % Adjusted to Book Value for the quarter that ended in Apr. 2026 was 3.69%.


Neco Insurance Co ROE % Adjusted to Book Value Related Terms


Neco Insurance Co ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Neco Insurance Co'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.

Neco Insurance Co ROE % Adjusted to Book Value Chart

Neco Insurance Co Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.46 4.31 4.26 3.40 3.42

Neco Insurance Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 5.61 4.86 -2.21 2.33 3.69

XNEP:NIL vs BRK.A, AIG, HIG: ROE % Adjusted to Book Value Comparison

For the Insurance - Diversified subindustry, Neco Insurance Co'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.


Neco Insurance Co ROE % Adjusted to Book Value vs Insurance Industry

For the Insurance industry and Financial Services sector, Neco Insurance Co's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Neco Insurance Co's ROE % Adjusted to Book Value falls into.


XNEP:NIL
98GF Score
Neco Insurance Co Ltd XNEP:NIL
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Neco Insurance Co ROE % Adjusted to Book Value Calculation

Neco Insurance Co's ROE % Adjusted to Book Value for the fiscal year that ended in Jul. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=10.10% / 2.95
=3.42%

Neco Insurance Co's ROE % Adjusted to Book Value for the quarter that ended in Apr. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=9.45% / 2.56
=3.69%

* 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 3.69% mean?
Neco Insurance Co (XNEP:NIL) has a ROE % Adjusted to Book Value of 3.69% as of Apr. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Neco Insurance Co and its competitors.
Is Neco Insurance Co's ROE % Adjusted to Book Value too high?
Neco Insurance Co's current ROE % Adjusted to Book Value is 3.69%. Overall, Neco 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 Neco Insurance Co's ROE % Adjusted to Book Value compare to BRK.A and AIG?
Neco Insurance Co's ROE % Adjusted to Book Value of 3.69% can be compared against companies in the Insurance 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 an Insurance company?
A good ROE % Adjusted to Book Value depends on the Insurance 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 Neco Insurance Co and its competitors. Neco Insurance Co's current ROE % Adjusted to Book Value is 3.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neco Insurance Co stock overvalued right now?
Based on GuruFocus' analysis, Neco Insurance Co (XNEP:NIL) is currently considered Modestly Undervalued. The stock's GF Value™ is NPR735.70, compared to a current price of NPR617.10 — trading 16.1% below its estimated fair value. The current ROE % Adjusted to Book Value is 3.69%. Neco 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 ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Neco Insurance Co (XNEP:NIL), the current ROE % Adjusted to Book Value is 3.69% 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 Neco Insurance Co (XNEP:NIL) Overvalued in 2026?

Based on GuruFocus' analysis, Neco Insurance Co stock appears to be undervalued. The current stock price of NPR617.10 is trading 16.1% below its estimated GF Value™ of NPR735.70. GuruFocus considers Neco Insurance Co to be Modestly Undervalued.

Key valuation signals for XNEP:NIL:

  • ROE % Adjusted to Book Value: 3.69%
  • GF Value™: NPR735.70 vs. price of NPR617.10 (16.1% below fair value)
  • GF Score™: 98/100 with 5 warning signs

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


Neco Insurance Co Business Description

Address Beema Bhawan, P.O. Box No. 12271, Gyaneshwor, Kathmandu, NPL
Neco Insurance Co Ltd is a non-life insurance company. The firm's business segment comprises Aviation, Engineering, Fire, Marine, Motor, Micro, Cattle and Crop, and Miscellaneous. The company underwrites all types of general insurance risk through different kinds of policies prevailing in the market under seven categories, i.e., Property, Motor, Aviation, Marine, Engineering, Agriculture, and Miscellaneous.
98GF Score

Get the complete analysis for XNEP:NIL

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

NPR617.10
Price
NPR735.70
GF Value