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Nihon House Holdings CoTSE:1873 +0.93%64 Return-on-Tangible-Asset is 5.15% as of Apr. 2026, which is 78% above its 10-year median of 2.90. GuruFocus rates TSE:1873 with a GF Score™ of 64/100 and a GF Value™ of 円258.64 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 94 Homebuilding & Construction companies, Nihon House Holdings Co ranks worse than 53.19% 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 House Holdings Co's annualizedNet Income for the quarter that ended in Apr. 2026 was 円2,184 Mil. Nihon House Holdings Co's average total tangible assets for the quarter that ended in Apr. 2026 was 円42,419 Mil. Therefore, Nihon House Holdings Co's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 5.15%.
The historical rank and industry rank for Nihon House Holdings Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:1873'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.85 Med: 2.9 Max: 6.14
Current: 3.17
During the past 13 years, Nihon House Holdings Co's highest Return-on-Tangible-Asset was 6.14%. The lowest was -4.85%. And the median was 2.90%.
TSE:1873's Return-on-Tangible-Asset is ranked worse than 53.19% of 94
companies
in the Homebuilding & Construction industry
Industry Median: 3.365
vs TSE:1873: 3.17
Nihon House Holdings Co (TSE:1873) 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 House Holdings Co Return-on-Tangible-Asset Related Terms
Nihon House Holdings Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Nihon House Holdings Co'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 House Holdings Co Return-on-Tangible-Asset Chart
TSE:1873 vs DHI, PHM, LEN: Return-on-Tangible-Asset Comparison
For the Residential Construction subindustry, Nihon House Holdings 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 House Holdings Co Return-on-Tangible-Asset vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Nihon House Holdings Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nihon House Holdings 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 (Apr. 2026) net income data.
What does a Return-on-Tangible-Asset of 5.15% mean?
Nihon House Holdings Co (TSE:1873) has a Return-on-Tangible-Asset of 5.15% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Nihon House Holdings Co and its competitors. This is 78% above median its historical median of 2.90. According to the industry distribution chart, Nihon House Holdings Co ranks #50 out of 94 companies in the Homebuilding & Construction industry, placing it in the top 53.2%.
Is Nihon House Holdings Co's Return-on-Tangible-Asset too high?
Nihon House Holdings Co's current Return-on-Tangible-Asset of 5.15% is 78% above median its 10-year median of 2.90. The Homebuilding & Construction industry median Return-on-Tangible-Asset is 3.37. Nihon House Holdings Co's value of 5.15% is 53% above this industry median. Based on the distribution chart, Nihon House Holdings Co ranks #50 out of 94 companies in the Homebuilding & Construction industry, which is below the industry midpoint. Overall, Nihon House Holdings Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nihon House Holdings Co's Return-on-Tangible-Asset compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Nihon House Holdings Co ranks #50 out of 94 companies for Return-on-Tangible-Asset. This places Nihon House Holdings Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.37. Nihon House Holdings Co's value of 5.15% is 53% above this benchmark. While the company's 10-year median is 2.90 vs. the industry median of 3.37, Nihon House Holdings 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 Homebuilding & Construction company?
The median Return-on-Tangible-Asset among Homebuilding & Construction companies is 3.37, based on 94 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 House Holdings Co's current Return-on-Tangible-Asset of 5.15% is 53% 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 House Holdings Co and its competitors. For the Homebuilding & Construction industry, the median Return-on-Tangible-Asset is 3.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon House Holdings Co's current Return-on-Tangible-Asset is 5.15%, which is 78% above median its own 10-year median of 2.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon House Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon House Holdings Co (TSE:1873) is currently considered Modestly Overvalued. The stock's GF Value™ is 円258.64, compared to a current price of 円326.00 — trading 26% above its estimated fair value. The current Return-on-Tangible-Asset is 5.15%, which is 78% above median its 10-year median of 2.90 and 53% above the Homebuilding & Construction industry median of 3.37. Nihon House Holdings Co's overall GF Score™ is 64/100 with 3 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 House Holdings Co (TSE:1873), the current Return-on-Tangible-Asset is 5.15% as of Apr. 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 House Holdings Co (TSE:1873) Overvalued in 2026?
Based on GuruFocus' analysis, Nihon House Holdings Co stock appears to be overvalued.
The current stock price of 円326.00 is trading 26% above its estimated GF Value™ of 円258.64.
GuruFocus considers Nihon House Holdings Co to be Modestly Overvalued.
Key valuation signals for TSE:1873:
Return-on-Tangible-Asset: 5.15% (78% above median its 10-year median of 2.90)
GF Value™: 円258.64 vs. price of 円326.00 (26% above fair value)
Industry Position: 53% above the Homebuilding & Construction median (#50 of 94)
No single metric tells the full story. See the TSE:1873 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nihon House Holdings Co Ltd is engaged in businesses related to the residential lifestyle and service industries, such as the housing business, which focuses on contract construction of housing and the development and sale of residential land, and the hotel business, which operates hotel and leisure facilities.
64GF Score
Get the complete analysis for TSE:1873
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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