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Japan TranscityNGO:9310 71 Return-on-Tangible-Asset is 3.39% as of Mar. 2026, which is 10% below its 10-year median of 3.77. GuruFocus rates NGO:9310 with a GF Score™ of 71/100 and a GF Value™ of 円663.12. The stock has 5 warning signs investors should review. Among 1,010 Transportation companies, Japan Transcity ranks better than 51.78% 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. Japan Transcity's annualizedNet Income for the quarter that ended in Mar. 2026 was 円5,800 Mil. Japan Transcity's average total tangible assets for the quarter that ended in Mar. 2026 was 円171,006 Mil. Therefore, Japan Transcity's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.39%.
The historical rank and industry rank for Japan Transcity's Return-on-Tangible-Asset or its related term are showing as below:
NGO:9310'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.8 Med: 3.77 Max: 4.65
Current: 3.95
During the past 13 years, Japan Transcity's highest Return-on-Tangible-Asset was 4.65%. The lowest was 1.80%. And the median was 3.77%.
NGO:9310's Return-on-Tangible-Asset is ranked better than 51.78% of 1010
companies
in the Transportation industry
Industry Median: 3.76
vs NGO:9310: 3.95
Japan Transcity (NGO:9310) 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.
Japan Transcity Return-on-Tangible-Asset Related Terms
Japan Transcity Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Japan Transcity'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:9310 vs UPS, FDX, JBHT: Return-on-Tangible-Asset Comparison
For the Integrated Freight & Logistics subindustry, Japan Transcity'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.
Japan Transcity Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Japan Transcity's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Japan Transcity'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?
Japan Transcity (NGO:9310) 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 Japan Transcity and its competitors. This is 10% below median its historical median of 3.77. Over the past decade, Japan Transcity's Return-on-Tangible-Asset has ranged from 1.80 to 4.65. According to the industry distribution chart, Japan Transcity ranks #487 out of 1010 companies in the Transportation industry, placing it in the top 48.2%.
Is Japan Transcity's Return-on-Tangible-Asset too high?
Japan Transcity's current Return-on-Tangible-Asset of 3.39% is 10% below median its 10-year median of 3.77. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 4.65. The Transportation industry median Return-on-Tangible-Asset is 3.76. Japan Transcity's value of 3.39% is 9.8% below this industry median. Based on the distribution chart, Japan Transcity ranks #487 out of 1010 companies in the Transportation industry, which is above the industry midpoint. Overall, Japan Transcity has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Japan Transcity's Return-on-Tangible-Asset compare to UPS and FDX?
According to the Transportation industry distribution chart, Japan Transcity ranks #487 out of 1010 companies for Return-on-Tangible-Asset. This puts Japan Transcity in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.76. Japan Transcity's value of 3.39% is 9.8% below this benchmark. Historically, Japan Transcity's own Return-on-Tangible-Asset has ranged from 1.80 to 4.65 over the past decade. While the company's 10-year median is 3.77 vs. the industry median of 3.76, Japan Transcity has consistently been below 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 Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.76, based on 1,010 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. Japan Transcity's current Return-on-Tangible-Asset of 3.39% is 9.8% below 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 Japan Transcity and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Transcity's current Return-on-Tangible-Asset is 3.39%, which is 10% below median its own 10-year median of 3.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Transcity stock overvalued right now?
Japan Transcity (NGO:9310) has a current Return-on-Tangible-Asset of 3.39%. The stock's GF Value™ is 円663.12, compared to a current price of 円878.00 — trading 32.4% above its estimated fair value. The current Return-on-Tangible-Asset is 3.39%, which is 10% below median its 10-year median of 3.77 and 9.8% below the Transportation industry median of 3.76. Japan Transcity's overall GF Score™ is 71/100 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 Japan Transcity (NGO:9310), 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 Japan Transcity (NGO:9310) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Transcity stock appears to be overvalued.
The current stock price of 円878.00 is trading 32.4% above its estimated GF Value™ of 円663.12.
Key valuation signals for NGO:9310:
Return-on-Tangible-Asset: 3.39% (10% below median its 10-year median of 3.77)
GF Value™: 円663.12 vs. price of 円878.00 (32.4% above fair value)
Industry Position: 9.8% below the Transportation median (#487 of 1010)
No single metric tells the full story. See the NGO:9310 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Transcity Corp is a Japan-based integrated logistics company. It offers various logistics services including warehousing, domestic transportation, international freight forwarding, overseas logistics, logistics consulting and vehicle maintenance. The company's network covers all of Japan from Kanto, Chubu, Kansai, Hokkaido, and Kyushu, and expands to the U.S., Thailand, Singapore, China, and across the world.
71GF Score
Get the complete analysis for NGO:9310
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