Cross Plus (NGO:3320) Return-on-Tangible-Asset: 0.00% (As of Jan. 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.
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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.

NGO:3320 Cross Plus Inc NGO:3320
60 GF Score
Price 円1,170.00
GF Value 円983.18
! 5 Warning Signs
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What is Cross Plus Return-on-Tangible-Asset?

Cross Plus NGO:3320 60 Return-on-Tangible-Asset is 0.00% as of Jan. 2026. GuruFocus rates NGO:3320 with a GF Score™ of 60/100 and a GF Value™ of 円983.18. The stock has 5 warning signs investors should review. Among 1,068 Manufacturing - Apparel & Accessories companies, Cross Plus ranks worse than 54.03% 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. Cross Plus's annualized Net Income for the quarter that ended in Jan. 2026 was 円0 Mil. Cross Plus's average total tangible assets for the quarter that ended in Jan. 2026 was 円31,370 Mil. Therefore, Cross Plus's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 was 0.00%.

The historical rank and industry rank for Cross Plus's Return-on-Tangible-Asset or its related term are showing as below:

NGO:3320' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.7   Med: 2.48   Max: 7.68
Current: 1.5

During the past 13 years, Cross Plus's highest Return-on-Tangible-Asset was 7.68%. The lowest was -5.70%. And the median was 2.48%.

NGO:3320's Return-on-Tangible-Asset is ranked worse than
54.03% of 1068 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.02 vs NGO:3320: 1.50

Cross Plus  (NGO:3320) 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 company’s 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 company’s 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.


Cross Plus Return-on-Tangible-Asset Related Terms


Cross Plus Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Cross Plus'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.

Cross Plus Return-on-Tangible-Asset Chart

Cross Plus Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.70 1.75 7.68 4.67 6.21

Cross Plus Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Return-on-Tangible-Asset 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 9.62 2.79 0.00 0.00 3.36

NGO:3320 vs RL, LEVI, VFC: Return-on-Tangible-Asset Comparison

For the Apparel Manufacturing subindustry, Cross Plus'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.


Cross Plus Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Cross Plus's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Cross Plus's Return-on-Tangible-Asset falls into.


NGO:3320
60GF Score
Cross Plus Inc NGO:3320
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cross Plus Return-on-Tangible-Asset Calculation

Cross Plus's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jan. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jan. 2026 )  (A: Jan. 2025 )(A: Jan. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jan. 2026 )  (A: Jan. 2025 )(A: Jan. 2026 )
=1759/( (27285+29368)/ 2 )
=1759/28326.5
=6.21 %

Cross Plus's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jan. 2026 )  (Q: Oct. 2025 )(Q: Jan. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jan. 2026 )  (Q: Oct. 2025 )(Q: Jan. 2026 )
=0/( (33372+29368)/ 2 )
=0/31370
=0.00 %

* 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 0.00% mean?
Cross Plus (NGO:3320) has a Return-on-Tangible-Asset of 0.00% 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 Cross Plus and its competitors. According to the industry distribution chart, Cross Plus ranks #577 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 54%.
Is Cross Plus' Return-on-Tangible-Asset too high?
Cross Plus' current Return-on-Tangible-Asset is 0.00%. Based on the distribution chart, Cross Plus ranks #577 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Cross Plus has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Cross Plus' Return-on-Tangible-Asset compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Cross Plus ranks #577 out of 1068 companies for Return-on-Tangible-Asset. This places Cross Plus in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.02. 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 2.02, based on 1,068 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. 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 Cross Plus and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cross Plus's current Return-on-Tangible-Asset is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cross Plus stock overvalued right now?
Cross Plus (NGO:3320) has a current Return-on-Tangible-Asset of 0.00%. The stock's GF Value™ is 円983.18, compared to a current price of 円1,170.00 — trading 19% above its estimated fair value. The current Return-on-Tangible-Asset is 0.00%. Cross Plus' overall GF Score™ is 60/100 with 5 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 Cross Plus (NGO:3320), the current Return-on-Tangible-Asset is 0.00% 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 Cross Plus (NGO:3320) Overvalued in 2026?

Based on GuruFocus' analysis, Cross Plus stock appears to be overvalued. The current stock price of 円1,170.00 is trading 19% above its estimated GF Value™ of 円983.18.

Key valuation signals for NGO:3320:

  • Return-on-Tangible-Asset: 0.00%
  • GF Value™: 円983.18 vs. price of 円1,170.00 (19% above fair value)
  • GF Score™: 60/100 with 5 warning signs

No single metric tells the full story. See the NGO:3320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cross Plus Business Description

Other Exchanges 3320:Japan
Address 3-9-13, Hananoki, Nishiku, Nagoya, JPN, 451-8560
Cross Plus Inc is an apparel manufacturing company based in Japan. It is engaged in the planning, manufacturing and selling of women's apparel, clothing accessories and operating SPA. The company primarily serves widespread business partners such as mass merchandising stores, speciality shop and department stores nationwide.
60GF Score

Get the complete analysis for NGO:3320

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,170.00
Price
円983.18
GF Value