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Nihon Office Automation Research CoNGO:5241 21 Return-on-Tangible-Asset is 7.95% as of Dec. 2025, which is 47% above its 10-year median of 5.41. GuruFocus rates NGO:5241 with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 2,892 Software companies, Nihon Office Automation Research Co ranks better than 71.3% on this metric.
The historical rank and industry rank for Nihon Office Automation Research Co's Return-on-Tangible-Asset or its related term are showing as below:
NGO:5241'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.13 Med: 5.41 Max: 8.37
Current: 8.37
During the past 5 years, Nihon Office Automation Research Co's highest Return-on-Tangible-Asset was 8.37%. The lowest was 1.13%. And the median was 5.41%.
NGO:5241's Return-on-Tangible-Asset is ranked better than 71.3% of 2892
companies
in the Software industry
Industry Median: 2.05
vs NGO:5241: 8.37
Nihon Office Automation Research Co (NGO:5241) 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.
Nihon Office Automation Research Co Return-on-Tangible-Asset Related Terms
Nihon Office Automation Research Co Return-on-Tangible-Asset Historical Data
* 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.
Nihon Office Automation Research Co Return-on-Tangible-Asset Chart
Nihon Office Automation Research Co Annual Data
Trend
Dec20
Dec21
Dec23
Dec24
Dec25
Return-on-Tangible-Asset
1.13
5.63
2.00
5.41
8.35
Nihon Office Automation Research Co Semi-Annual Data
NGO:5241 vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, Nihon Office Automation Research 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.
Nihon Office Automation Research Co Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Nihon Office Automation Research Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nihon Office Automation Research 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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 7.95% mean?
Nihon Office Automation Research Co (NGO:5241) has a Return-on-Tangible-Asset of 7.95% 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 Nihon Office Automation Research Co and its competitors. This is 47% above median its historical median of 5.41. Over the past decade, Nihon Office Automation Research Co's Return-on-Tangible-Asset has ranged from 1.13 to 8.37. According to the industry distribution chart, Nihon Office Automation Research Co ranks #830 out of 2892 companies in the Software industry, placing it in the top 28.7%.
Is Nihon Office Automation Research Co's Return-on-Tangible-Asset too high?
Nihon Office Automation Research Co's current Return-on-Tangible-Asset of 7.95% is 47% above median its 10-year median of 5.41. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 8.37. The Software industry median Return-on-Tangible-Asset is 2.05. Nihon Office Automation Research Co's value of 7.95% is 287.8% above this industry median. Based on the distribution chart, Nihon Office Automation Research Co ranks #830 out of 2892 companies in the Software industry, which is above the industry midpoint. Overall, Nihon Office Automation Research Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Nihon Office Automation Research Co's Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Nihon Office Automation Research Co ranks #830 out of 2892 companies for Return-on-Tangible-Asset. This puts Nihon Office Automation Research Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.05. Nihon Office Automation Research Co's value of 7.95% is 287.8% above this benchmark. Historically, Nihon Office Automation Research Co's own Return-on-Tangible-Asset has ranged from 1.13 to 8.37 over the past decade. While the company's 10-year median is 5.41 vs. the industry median of 2.05, Nihon Office Automation Research 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.05, based on 2,892 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. Nihon Office Automation Research Co's current Return-on-Tangible-Asset of 7.95% is 287.8% 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 Nihon Office Automation Research Co and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Office Automation Research Co's current Return-on-Tangible-Asset is 7.95%, which is 47% above median its own 10-year median of 5.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Office Automation Research Co stock overvalued right now?
Nihon Office Automation Research Co (NGO:5241) has a current Return-on-Tangible-Asset of 7.95%. The current Return-on-Tangible-Asset is 7.95%, which is 47% above median its 10-year median of 5.41 and 287.8% above the Software industry median of 2.05. Nihon Office Automation Research Co's overall GF Score™ is 21/100 with 1 warning sign 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 Nihon Office Automation Research Co (NGO:5241), the current Return-on-Tangible-Asset is 7.95% 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.
Nihon Office Automation Research Co Ltd is involved in system development, continuous maintenance, support, system modifications, and related services. The company provides high-value-added IT services by participating in the development of central government office systems.
21GF Score
Get the complete analysis for NGO:5241
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