Nick ScaliASX:NCK -0.81%90 ROE % is 30.10% as of Dec. 2025, which is 43% below its 10-year median of 52.80. GuruFocus rates ASX:NCK with a GF Score™ of 90/100 and a GF Value™ of A$16.46 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,097 Retail - Cyclical companies, Nick Scali ranks better than 84.96% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Nick Scali's annualized net income for the quarter that ended in Dec. 2025 was A$82.0 Mil. Nick Scali's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was A$272.3 Mil. Therefore, Nick Scali's annualized ROE % for the quarter that ended in Dec. 2025 was 30.10%.
The historical rank and industry rank for Nick Scali's ROE % or its related term are showing as below:
ASX:NCK'
s ROE % Range Over the Past 10 Years
Min: 21.99 Med: 52.8 Max: 88.94
Current: 25.37
During the past 13 years, Nick Scali's highest ROE % was 88.94%. The lowest was 21.99%. And the median was 52.80%.
ASX:NCK's ROE % is ranked better than 84.96% of 1097
companies
in the Retail - Cyclical industry
Industry Median: 6.46
vs ASX:NCK: 25.37
Nick Scali (ASX:NCK) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
Nick Scali ROE % Related Terms
Nick Scali ROE % Historical Data
* Premium members only.
The historical data trend for Nick Scali's ROE % 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 Specialty Retail subindustry, Nick Scali's ROE %, along with its competitors' market caps and ROE % 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.
Nick Scali ROE % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Nick Scali's ROE % distribution charts can be found below:
* The bar in red indicates where Nick Scali's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Nick Scali (ASX:NCK) has a ROE % of 30.10% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nick Scali and its competitors. This is 43% below median its historical median of 52.80. Over the past decade, Nick Scali's ROE % has ranged from 21.99 to 88.94. According to the industry distribution chart, Nick Scali ranks #165 out of 1097 companies in the Retail - Cyclical industry, placing it in the top 15%.
Is Nick Scali's ROE % too high?
Nick Scali's current ROE % of 30.10% is 43% below median its 10-year median of 52.80. Over the past 10 years, this metric has ranged from a low of 21.99 to a high of 88.94. The Retail - Cyclical industry median ROE % is 6.46. Nick Scali's value of 30.10% is 365.9% above this industry median. Based on the distribution chart, Nick Scali ranks #165 out of 1097 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Nick Scali has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nick Scali's ROE % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Nick Scali ranks #165 out of 1097 companies for ROE %. This places Nick Scali in the top 15% of its industry — outperforming the majority of peers. The industry median ROE % is 6.46. Nick Scali's value of 30.10% is 365.9% above this benchmark. Historically, Nick Scali's own ROE % has ranged from 21.99 to 88.94 over the past decade. While the company's 10-year median is 52.80 vs. the industry median of 6.46, Nick Scali 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 ROE % for a Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.46, based on 1,097 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nick Scali's current ROE % of 30.10% is 365.9% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nick Scali and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nick Scali's current ROE % is 30.10%, which is 43% below median its own 10-year median of 52.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nick Scali stock overvalued right now?
Based on GuruFocus' analysis, Nick Scali (ASX:NCK) is currently considered Fairly Valued. The stock's GF Value™ is A$16.46, compared to a current price of A$15.86 — trading 3.6% below its estimated fair value. The current ROE % is 30.10%, which is 43% below median its 10-year median of 52.80 and 365.9% above the Retail - Cyclical industry median of 6.46. Nick Scali's overall GF Score™ is 90/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Nick Scali (ASX:NCK), the current ROE % is 30.10% 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 Nick Scali (ASX:NCK) Overvalued in 2026?
Based on GuruFocus' analysis, Nick Scali stock appears to be undervalued.
The current stock price of A$15.86 is trading 3.6% below its estimated GF Value™ of A$16.46.
GuruFocus considers Nick Scali to be Fairly Valued.
Key valuation signals for ASX:NCK:
ROE %: 30.10% (43% below median its 10-year median of 52.80)
GF Value™: A$16.46 vs. price of A$15.86 (3.6% below fair value)
Industry Position: 365.9% above the Retail - Cyclical median (#165 of 1097)
No single metric tells the full story. See the ASX:NCK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nick Scali Ltd engages in the sourcing and retailing of household furniture and related accessories in Australia and New Zealand. It offers products of Sofas & Armchairs, Living Room, Dining Room, Bedroom, and Rugs & Accessories. The Company has two reportable segments, being the retailing of furniture in Australia and New Zealand, as well as the United Kingdom.
90GF Score
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