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Niterra CoNGKSY 85 Return-on-Tangible-Asset is 3.39% as of Mar. 2026, which is 56% below its 10-year median of 7.71. GuruFocus rates NGKSY with a GF Score™ of 85/100 and a GF Value™ of $15.02 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,332 Vehicles & Parts companies, Niterra Co ranks better than 85.36% 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. Niterra Co's annualizedNet Income for the quarter that ended in Mar. 2026 was $229 Mil. Niterra Co's average total tangible assets for the quarter that ended in Mar. 2026 was $6,751 Mil. Therefore, Niterra Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.39%.
The historical rank and industry rank for Niterra Co's Return-on-Tangible-Asset or its related term are showing as below:
NGKSY'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.82 Med: 7.71 Max: 12.06
Current: 9.07
During the past 13 years, Niterra Co's highest Return-on-Tangible-Asset was 12.06%. The lowest was 4.82%. And the median was 7.71%.
NGKSY's Return-on-Tangible-Asset is ranked better than 85.36% of 1332
companies
in the Vehicles & Parts industry
Industry Median: 3.125
vs NGKSY: 9.07
Niterra Co (OTCPK:NGKSY) 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.
Niterra Co Return-on-Tangible-Asset Related Terms
Niterra Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Niterra 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.
NGKSY vs ORLY, AZO: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Niterra 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.
Niterra Co Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Niterra Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Niterra 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.39% mean?
Niterra Co (NGKSY) has a Return-on-Tangible-Asset of 3.39% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Niterra Co and its competitors. This is 56% below median its historical median of 7.71. Over the past decade, Niterra Co's Return-on-Tangible-Asset has ranged from 4.82 to 12.06. According to the industry distribution chart, Niterra Co ranks #195 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 14.6%.
Is Niterra Co's Return-on-Tangible-Asset too high?
Niterra Co's current Return-on-Tangible-Asset of 3.39% is 56% below median its 10-year median of 7.71. Over the past 10 years, this metric has ranged from a low of 4.82 to a high of 12.06. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.13. Niterra Co's value of 3.39% is 8.5% above this industry median. Based on the distribution chart, Niterra Co ranks #195 out of 1332 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Niterra Co has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Niterra Co's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Niterra Co ranks #195 out of 1332 companies for Return-on-Tangible-Asset. This places Niterra Co in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.13. Niterra Co's value of 3.39% is 8.5% above this benchmark. Historically, Niterra Co's own Return-on-Tangible-Asset has ranged from 4.82 to 12.06 over the past decade. While the company's 10-year median is 7.71 vs. the industry median of 3.13, Niterra 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.13, based on 1,332 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. Niterra Co's current Return-on-Tangible-Asset of 3.39% is 8.5% 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 Niterra Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Niterra Co's current Return-on-Tangible-Asset is 3.39%, which is 56% below median its own 10-year median of 7.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niterra Co stock overvalued right now?
Based on GuruFocus' analysis, Niterra Co (NGKSY) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.02, compared to a current price of $29.26 — trading 94.8% above its estimated fair value. The current Return-on-Tangible-Asset is 3.39%, which is 56% below median its 10-year median of 7.71 and 8.5% above the Vehicles & Parts industry median of 3.13. Niterra Co's overall GF Score™ is 85/100 with 7 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 Niterra Co (NGKSY), the current Return-on-Tangible-Asset is 3.39% 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 Niterra Co (NGKSY) Overvalued in 2026?
Based on GuruFocus' analysis, Niterra Co stock appears to be overvalued.
The current stock price of $29.26 is trading 94.8% above its estimated GF Value™ of $15.02.
GuruFocus considers Niterra Co to be Significantly Overvalued.
Key valuation signals for NGKSY:
Return-on-Tangible-Asset: 3.39% (56% below median its 10-year median of 7.71)
GF Value™: $15.02 vs. price of $29.26 (94.8% above fair value)
Industry Position: 8.5% above the Vehicles & Parts median (#195 of 1332)
No single metric tells the full story. See the NGKSY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Niterra Co Ltd is engaged in the manufacture and sale of automotive components and ceramic products. The group has three reportable segments: Automobile related, Ceramics, and New Businesses. The Automobile related segment manufactures and sells spark plugs, exhaust gas sensors, and other automobile components. The Ceramics segment manufactures and sells cutting tools, industrial machinery parts, semiconductor manufacturing equipment parts, semiconductor packages, and medical oxygen concentrators. The New Businesses segment focuses on products related to environmental energy and other emerging fields.
85GF Score
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