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BrassNGO:2424 60 Return-on-Tangible-Asset is 8.93% as of Jan. 2026, which is 138% above its 10-year median of 3.75. GuruFocus rates NGO:2424 with a GF Score™ of 60/100 and a GF Value™ of 円454.60. The stock has 2 warning signs investors should review. Among 96 Personal Services companies, Brass ranks worse than 53.13% 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. Brass's annualizedNet Income for the quarter that ended in Jan. 2026 was 円1,086 Mil. Brass's average total tangible assets for the quarter that ended in Jan. 2026 was 円12,158 Mil. Therefore, Brass's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 was 8.93%.
The historical rank and industry rank for Brass's Return-on-Tangible-Asset or its related term are showing as below:
NGO:2424'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -10.45 Med: 3.75 Max: 6.36
Current: 1.89
During the past 11 years, Brass's highest Return-on-Tangible-Asset was 6.36%. The lowest was -10.45%. And the median was 3.75%.
NGO:2424's Return-on-Tangible-Asset is ranked worse than 53.13% of 96
companies
in the Personal Services industry
Industry Median: 2.705
vs NGO:2424: 1.89
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.
Brass Return-on-Tangible-Asset Related Terms
Brass Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Brass'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.
NGO:2424 vs ROL, SCI, HRB: Return-on-Tangible-Asset Comparison
For the Personal Services subindustry, Brass'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.
Brass Return-on-Tangible-Asset vs Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Brass's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Brass'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 (Jan. 2026) net income data.
What does a Return-on-Tangible-Asset of 8.93% mean?
Brass (NGO:2424) has a Return-on-Tangible-Asset of 8.93% as of Jan. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Brass and its competitors. This is 138% above median its historical median of 3.75. According to the industry distribution chart, Brass ranks #51 out of 96 companies in the Personal Services industry, placing it in the top 53.1%.
Is Brass' Return-on-Tangible-Asset too high?
Brass' current Return-on-Tangible-Asset of 8.93% is 138% above median its 10-year median of 3.75. The Personal Services industry median Return-on-Tangible-Asset is 2.71. Brass' value of 8.93% is 230.1% above this industry median. Based on the distribution chart, Brass ranks #51 out of 96 companies in the Personal Services industry, which is below the industry midpoint. Overall, Brass has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Brass' Return-on-Tangible-Asset compare to ROL and SCI?
According to the Personal Services industry distribution chart, Brass ranks #51 out of 96 companies for Return-on-Tangible-Asset. This places Brass in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.71. Brass' value of 8.93% is 230.1% above this benchmark. While the company's 10-year median is 3.75 vs. the industry median of 2.71, Brass 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 Personal Services company?
The median Return-on-Tangible-Asset among Personal Services companies is 2.71, based on 96 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. Brass's current Return-on-Tangible-Asset of 8.93% is 230.1% 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 Brass and its competitors. For the Personal Services industry, the median Return-on-Tangible-Asset is 2.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brass's current Return-on-Tangible-Asset is 8.93%, which is 138% above median its own 10-year median of 3.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brass stock overvalued right now?
Brass (NGO:2424) has a current Return-on-Tangible-Asset of 8.93%. The stock's GF Value™ is 円454.60, compared to a current price of 円477.00 — trading 4.9% above its estimated fair value. The current Return-on-Tangible-Asset is 8.93%, which is 138% above median its 10-year median of 3.75 and 230.1% above the Personal Services industry median of 2.71. Brass' overall GF Score™ is 60/100 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 Brass (NGO:2424), the current Return-on-Tangible-Asset is 8.93% as of Jan. 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 Brass (NGO:2424) Overvalued in 2026?
Based on GuruFocus' analysis, Brass stock appears to be overvalued.
The current stock price of 円477.00 is trading 4.9% above its estimated GF Value™ of 円454.60.
Key valuation signals for NGO:2424:
Return-on-Tangible-Asset: 8.93% (138% above median its 10-year median of 3.75)
GF Value™: 円454.60 vs. price of 円477.00 (4.9% above fair value)
Industry Position: 230.1% above the Personal Services median (#51 of 96)
No single metric tells the full story. See the NGO:2424 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Brass Corp is engaged in house wedding business. It is focused on planning and management of wedding reception accompanying house wedding business, sales and rental of wedding costume. It also has a restaurant business.
60GF Score
Get the complete analysis for NGO:2424
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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