Nihon M&A Center HoldingsNHMAF 87 Return-on-Tangible-Asset is 15.53% as of Mar. 2026, which is 26% below its 10-year median of 21.05. GuruFocus rates NHMAF with a GF Scoreâ„¢ of 87/100 and a GF Valueâ„¢ of $4.94 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 818 Capital Markets companies, Nihon M&A Center Holdings ranks better than 93.52% 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. Nihon M&A Center Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was $62.2 Mil. Nihon M&A Center Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was $400.3 Mil. Therefore, Nihon M&A Center Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 15.53%.
The historical rank and industry rank for Nihon M&A Center Holdings's Return-on-Tangible-Asset or its related term are showing as below:
NHMAF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 15.86 Med: 21.05 Max: 28.81
Current: 20.72
During the past 13 years, Nihon M&A Center Holdings's highest Return-on-Tangible-Asset was 28.81%. The lowest was 15.86%. And the median was 21.05%.
NHMAF's Return-on-Tangible-Asset is ranked better than 93.52% of 818
companies
in the Capital Markets industry
Industry Median: 1.53
vs NHMAF: 20.72
Nihon M&A Center Holdings (OTCPK:NHMAF) 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 companyÂ’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 companyÂ’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.
Nihon M&A Center Holdings Return-on-Tangible-Asset Related Terms
Nihon M&A Center Holdings Return-on-Tangible-Asset Historical Data
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The historical data trend for Nihon M&A Center Holdings'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.
Nihon M&A Center Holdings Return-on-Tangible-Asset Chart
NHMAF vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, Nihon M&A Center Holdings'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 M&A Center Holdings Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Nihon M&A Center Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nihon M&A Center Holdings'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 15.53% mean?
Nihon M&A Center Holdings (NHMAF) has a Return-on-Tangible-Asset of 15.53% 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 Nihon M&A Center Holdings and its competitors. This is 26% below median its historical median of 21.05. Over the past decade, Nihon M&A Center Holdings' Return-on-Tangible-Asset has ranged from 15.86 to 28.81. According to the industry distribution chart, Nihon M&A Center Holdings ranks #53 out of 818 companies in the Capital Markets industry, placing it in the top 6.5%.
Is Nihon M&A Center Holdings' Return-on-Tangible-Asset too high?
Nihon M&A Center Holdings' current Return-on-Tangible-Asset of 15.53% is 26% below median its 10-year median of 21.05. Over the past 10 years, this metric has ranged from a low of 15.86 to a high of 28.81. The Capital Markets industry median Return-on-Tangible-Asset is 1.53. Nihon M&A Center Holdings' value of 15.53% is 915% above this industry median. Based on the distribution chart, Nihon M&A Center Holdings ranks #53 out of 818 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Nihon M&A Center Holdings has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nihon M&A Center Holdings' Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, Nihon M&A Center Holdings ranks #53 out of 818 companies for Return-on-Tangible-Asset. This places Nihon M&A Center Holdings in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.53. Nihon M&A Center Holdings' value of 15.53% is 915% above this benchmark. Historically, Nihon M&A Center Holdings' own Return-on-Tangible-Asset has ranged from 15.86 to 28.81 over the past decade. While the company's 10-year median is 21.05 vs. the industry median of 1.53, Nihon M&A Center Holdings 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 Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.53, based on 818 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 M&A Center Holdings's current Return-on-Tangible-Asset of 15.53% is 915% 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 M&A Center Holdings and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon M&A Center Holdings's current Return-on-Tangible-Asset is 15.53%, which is 26% below median its own 10-year median of 21.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon M&A Center Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nihon M&A Center Holdings (NHMAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.94, compared to a current price of $4.26 — trading 13.9% below its estimated fair value. The current Return-on-Tangible-Asset is 15.53%, which is 26% below median its 10-year median of 21.05 and 915% above the Capital Markets industry median of 1.53. Nihon M&A Center Holdings' overall GF Score™ is 87/100 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 Nihon M&A Center Holdings (NHMAF), the current Return-on-Tangible-Asset is 15.53% 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 Nihon M&A Center Holdings (NHMAF) Overvalued in 2026?
Based on GuruFocus' analysis, Nihon M&A Center Holdings stock appears to be undervalued.
The current stock price of $4.26 is trading 13.9% below its estimated GF Value™ of $4.94.
GuruFocus considers Nihon M&A Center Holdings to be Modestly Undervalued.
Key valuation signals for NHMAF:
Return-on-Tangible-Asset: 15.53% (26% below median its 10-year median of 21.05)
GF Value™: $4.94 vs. price of $4.26 (13.9% below fair value)
Industry Position: 915% above the Capital Markets median (#53 of 818)
No single metric tells the full story. See the NHMAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nihon M&A Center Holdings Inc is a Japan-based company involved in the merger and acquisition brokerage business. It offers M & A intermediary, corporate assessment, management buyout support, restructuring aid, corporate advisory, capital planning policy and management, and consulting services. The company is also involved in the corporate assessment business, calculating the reference price of enterprise value.
87GF Score
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