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NTTNTTYY -0.77%78 Return-on-Tangible-Asset is 1.05% as of Mar. 2026, which is 76% below its 10-year median of 4.46. GuruFocus rates NTTYY with a GF Score™ of 78/100 and a GF Value™ of $26.96 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 364 Telecommunication Services companies, NTT ranks worse than 52.75% 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. NTT's annualizedNet Income for the quarter that ended in Mar. 2026 was $2,797 Mil. NTT's average total tangible assets for the quarter that ended in Mar. 2026 was $266,072 Mil. Therefore, NTT's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.05%.
The historical rank and industry rank for NTT's Return-on-Tangible-Asset or its related term are showing as below:
NTTYY'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.07 Med: 4.46 Max: 5.78
Current: 3.13
During the past 13 years, NTT's highest Return-on-Tangible-Asset was 5.78%. The lowest was 3.07%. And the median was 4.46%.
NTTYY's Return-on-Tangible-Asset is ranked worse than 52.75% of 364
companies
in the Telecommunication Services industry
Industry Median: 3.47
vs NTTYY: 3.13
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.
NTT Return-on-Tangible-Asset Related Terms
NTT Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for NTT'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.
NTTYY vs TMUS, VZ, T: Return-on-Tangible-Asset Comparison
For the Telecom Services subindustry, NTT'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.
NTT Return-on-Tangible-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, NTT's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where NTT'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 1.05% mean?
NTT (NTTYY) has a Return-on-Tangible-Asset of 1.05% 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 NTT and its competitors. This is 76% below median its historical median of 4.46. Over the past decade, NTT's Return-on-Tangible-Asset has ranged from 3.07 to 5.78. According to the industry distribution chart, NTT ranks #192 out of 364 companies in the Telecommunication Services industry, placing it in the top 52.7%.
Is NTT's Return-on-Tangible-Asset too high?
NTT's current Return-on-Tangible-Asset of 1.05% is 76% below median its 10-year median of 4.46. Over the past 10 years, this metric has ranged from a low of 3.07 to a high of 5.78. The Telecommunication Services industry median Return-on-Tangible-Asset is 3.47. NTT's value of 1.05% is 69.7% below this industry median. Based on the distribution chart, NTT ranks #192 out of 364 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, NTT has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NTT's Return-on-Tangible-Asset compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, NTT ranks #192 out of 364 companies for Return-on-Tangible-Asset. This places NTT in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.47. NTT's value of 1.05% is 69.7% below this benchmark. Historically, NTT's own Return-on-Tangible-Asset has ranged from 3.07 to 5.78 over the past decade. While the company's 10-year median is 4.46 vs. the industry median of 3.47, NTT 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 Telecommunication Services company?
The median Return-on-Tangible-Asset among Telecommunication Services companies is 3.47, based on 364 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. NTT's current Return-on-Tangible-Asset of 1.05% is 69.7% 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 NTT and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Asset is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTT's current Return-on-Tangible-Asset is 1.05%, which is 76% below median its own 10-year median of 4.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTT stock overvalued right now?
Based on GuruFocus' analysis, NTT (NTTYY) is currently considered Modestly Undervalued. The stock's GF Value™ is $26.96, compared to a current price of $23.07 — trading 14.4% below its estimated fair value. The current Return-on-Tangible-Asset is 1.05%, which is 76% below median its 10-year median of 4.46 and 69.7% below the Telecommunication Services industry median of 3.47. NTT's overall GF Score™ is 78/100 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 NTT (NTTYY), the current Return-on-Tangible-Asset is 1.05% 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 NTT (NTTYY) Overvalued in 2026?
Based on GuruFocus' analysis, NTT stock appears to be undervalued.
The current stock price of $23.07 is trading 14.4% below its estimated GF Value™ of $26.96.
GuruFocus considers NTT to be Modestly Undervalued.
Key valuation signals for NTTYY:
Return-on-Tangible-Asset: 1.05% (76% below median its 10-year median of 4.46)
GF Value™: $26.96 vs. price of $23.07 (14.4% below fair value)
Industry Position: 69.7% below the Telecommunication Services median (#192 of 364)
No single metric tells the full story. See the NTTYY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NTT owns NTT DoCoMo, the largest wireless operator in Japan, with 53 million mobile handset subscribers. It also owns NTT East and NTT West, the two regional incumbent fixed-line operators in Japan, with about 23.6 million broadband lines (around 72% of which are wholesaled). The firm also provides IT and communications systems integration via NTT Communications and NTT Data.
78GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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