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Nihon Enterprise CoTSE:4829 64 Return-on-Tangible-Asset is 0.32% as of Feb. 2026, which is 83% below its 10-year median of 1.83. GuruFocus rates TSE:4829 with a GF Score™ of 64/100 and a GF Value™ of 円120.72 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,892 Software companies, Nihon Enterprise Co ranks worse than 53.18% 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 Enterprise Co's annualizedNet Income for the quarter that ended in Feb. 2026 was 円17 Mil. Nihon Enterprise Co's average total tangible assets for the quarter that ended in Feb. 2026 was 円5,338 Mil. Therefore, Nihon Enterprise Co's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 0.32%.
The historical rank and industry rank for Nihon Enterprise Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:4829'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.39 Med: 1.83 Max: 3.7
Current: 1.17
During the past 13 years, Nihon Enterprise Co's highest Return-on-Tangible-Asset was 3.70%. The lowest was 0.39%. And the median was 1.83%.
TSE:4829's Return-on-Tangible-Asset is ranked worse than 53.18% of 2892
companies
in the Software industry
Industry Median: 2.05
vs TSE:4829: 1.17
Nihon Enterprise Co (TSE:4829) 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 Enterprise Co Return-on-Tangible-Asset Related Terms
Nihon Enterprise Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Nihon Enterprise 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 Enterprise Co Return-on-Tangible-Asset Chart
TSE:4829 vs QH, SHOP, UBER: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, Nihon Enterprise 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 Enterprise Co Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Nihon Enterprise Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nihon Enterprise 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 four times the quarterly (Feb. 2026) net income data.
What does a Return-on-Tangible-Asset of 0.32% mean?
Nihon Enterprise Co (TSE:4829) has a Return-on-Tangible-Asset of 0.32% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Nihon Enterprise Co and its competitors. This is 83% below median its historical median of 1.83. Over the past decade, Nihon Enterprise Co's Return-on-Tangible-Asset has ranged from 0.39 to 3.70. According to the industry distribution chart, Nihon Enterprise Co ranks #1538 out of 2892 companies in the Software industry, placing it in the top 53.2%.
Is Nihon Enterprise Co's Return-on-Tangible-Asset too high?
Nihon Enterprise Co's current Return-on-Tangible-Asset of 0.32% is 83% below median its 10-year median of 1.83. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 3.70. The Software industry median Return-on-Tangible-Asset is 2.05. Nihon Enterprise Co's value of 0.32% is 84.4% below this industry median. Based on the distribution chart, Nihon Enterprise Co ranks #1538 out of 2892 companies in the Software industry, which is below the industry midpoint. Overall, Nihon Enterprise Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nihon Enterprise Co's Return-on-Tangible-Asset compare to QH and SHOP?
According to the Software industry distribution chart, Nihon Enterprise Co ranks #1538 out of 2892 companies for Return-on-Tangible-Asset. This places Nihon Enterprise Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.05. Nihon Enterprise Co's value of 0.32% is 84.4% below this benchmark. Historically, Nihon Enterprise Co's own Return-on-Tangible-Asset has ranged from 0.39 to 3.70 over the past decade. While the company's 10-year median is 1.83 vs. the industry median of 2.05, Nihon Enterprise Co 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 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 Enterprise Co's current Return-on-Tangible-Asset of 0.32% is 84.4% 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 Nihon Enterprise 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 Enterprise Co's current Return-on-Tangible-Asset is 0.32%, which is 83% below median its own 10-year median of 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Enterprise Co (TSE:4829) is currently considered Modestly Undervalued. The stock's GF Value™ is 円120.72, compared to a current price of 円104.00 — trading 13.9% below its estimated fair value. The current Return-on-Tangible-Asset is 0.32%, which is 83% below median its 10-year median of 1.83 and 84.4% below the Software industry median of 2.05. Nihon Enterprise Co's overall GF Score™ is 64/100 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 Nihon Enterprise Co (TSE:4829), the current Return-on-Tangible-Asset is 0.32% as of Feb. 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 Enterprise Co (TSE:4829) Overvalued in 2026?
Based on GuruFocus' analysis, Nihon Enterprise Co stock appears to be undervalued.
The current stock price of 円104.00 is trading 13.9% below its estimated GF Value™ of 円120.72.
GuruFocus considers Nihon Enterprise Co to be Modestly Undervalued.
Key valuation signals for TSE:4829:
Return-on-Tangible-Asset: 0.32% (83% below median its 10-year median of 1.83)
GF Value™: 円120.72 vs. price of 円104.00 (13.9% below fair value)
Industry Position: 84.4% below the Software median (#1538 of 2892)
No single metric tells the full story. See the TSE:4829 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nihon Enterprise Co Ltd is engaged in the planning, development, and management of smartphone apps for consumers, development and sale of business support applications, cloud services, contract development of applications, and advertisement proxy services.
64GF Score
Get the complete analysis for TSE:4829
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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