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Nitto Boseki CoNBCLF -1.37%58 Return-on-Tangible-Asset is 43.49% as of Dec. 2025, which is 773% above its 10-year median of 4.98. GuruFocus rates NBCLF with a GF Score™ of 58/100 and a GF Value™ of $8.64 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,066 Manufacturing - Apparel & Accessories companies, Nitto Boseki Co ranks better than 96.62% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Nitto Boseki Co's annualizedNet Income for the quarter that ended in Dec. 2025 was $724.3 Mil. Nitto Boseki Co's average total tangible assets for the quarter that ended in Dec. 2025 was $1,665.4 Mil. Therefore, Nitto Boseki Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 43.49%.
The historical rank and industry rank for Nitto Boseki Co's Return-on-Tangible-Asset or its related term are showing as below:
NBCLF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.51 Med: 4.98 Max: 17.04
Current: 17.04
During the past 13 years, Nitto Boseki Co's highest Return-on-Tangible-Asset was 17.04%. The lowest was 1.51%. And the median was 4.98%.
NBCLF's Return-on-Tangible-Asset is ranked better than 96.62% of 1066
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.955
vs NBCLF: 17.04
Nitto Boseki Co (OTCPK:NBCLF) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset 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 Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Nitto Boseki Co Return-on-Tangible-Asset Related Terms
Nitto Boseki Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Nitto Boseki Co's Return-on-Tangible-Asset 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.
Nitto Boseki Co Return-on-Tangible-Asset Competitor Comparison
For the Textile Manufacturing subindustry, Nitto Boseki Co's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Nitto Boseki Co Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nitto Boseki Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nitto Boseki Co's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 43.49% mean?
Nitto Boseki Co (NBCLF) has a Return-on-Tangible-Asset of 43.49% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Nitto Boseki Co and its competitors. This is 773% above median its historical median of 4.98. Over the past decade, Nitto Boseki Co's Return-on-Tangible-Asset has ranged from 1.51 to 17.04. According to the industry distribution chart, Nitto Boseki Co ranks #36 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 3.4%.
Is Nitto Boseki Co's Return-on-Tangible-Asset too high?
Nitto Boseki Co's current Return-on-Tangible-Asset of 43.49% is 773% above median its 10-year median of 4.98. Over the past 10 years, this metric has ranged from a low of 1.51 to a high of 17.04. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 1.96. Nitto Boseki Co's value of 43.49% is 2124.6% above this industry median. Based on the distribution chart, Nitto Boseki Co ranks #36 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Nitto Boseki Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitto Boseki Co's Return-on-Tangible-Asset compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nitto Boseki Co ranks #36 out of 1066 companies for Return-on-Tangible-Asset. This places Nitto Boseki Co in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.96. Nitto Boseki Co's value of 43.49% is 2124.6% above this benchmark. Historically, Nitto Boseki Co's own Return-on-Tangible-Asset has ranged from 1.51 to 17.04 over the past decade. While the company's 10-year median is 4.98 vs. the industry median of 1.96, Nitto Boseki Co 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 Return-on-Tangible-Asset for a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 1.96, based on 1,066 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nitto Boseki Co's current Return-on-Tangible-Asset of 43.49% is 2124.6% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Nitto Boseki Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitto Boseki Co's current Return-on-Tangible-Asset is 43.49%, which is 773% above median its own 10-year median of 4.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitto Boseki Co stock overvalued right now?
Based on GuruFocus' analysis, Nitto Boseki Co (NBCLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.64, compared to a current price of $20.45 — trading 136.7% above its estimated fair value. The current Return-on-Tangible-Asset is 43.49%, which is 773% above median its 10-year median of 4.98 and 2124.6% above the Manufacturing - Apparel & Accessories industry median of 1.96. Nitto Boseki Co's overall GF Score™ is 58/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Nitto Boseki Co (NBCLF), the current Return-on-Tangible-Asset is 43.49% 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 Nitto Boseki Co (NBCLF) Overvalued in 2026?
Based on GuruFocus' analysis, Nitto Boseki Co stock appears to be overvalued.
The current stock price of $20.45 is trading 136.7% above its estimated GF Value™ of $8.64.
GuruFocus considers Nitto Boseki Co to be Significantly Overvalued.
Key valuation signals for NBCLF:
Return-on-Tangible-Asset: 43.49% (773% above median its 10-year median of 4.98)
GF Value™: $8.64 vs. price of $20.45 (136.7% above fair value)
Industry Position: 2124.6% above the Manufacturing - Apparel & Accessories median (#36 of 1066)
No single metric tells the full story. See the NBCLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitto Boseki Co Ltd is engaged in the textile business. It operates in six segments: Textiles Business engages in the manufacture and sales of textiles products (core-spun yarn, stretch products, interlining and other finished products, etc.); Glass Fiber Yam Business engages in the manufacture and sales of glass raw fiber products (yarn, roving, chopped strands, etc.); Glass Fiber Cloth Business engages in the manufacture and sales of glass fiber functional products (glass cloth, etc.); Glass Fiber for Industrial Materials Business engages in the manufacture and sales of glass fiber products for use in industrial materials and the manufacture and sales of glass wool products (for use in thermal insulation materials); Life Science Business; and Other segment.
58GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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