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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. Nippon Seiro Co's annualizedNet Income for the quarter that ended in Dec. 2025 was 円0 Mil. Nippon Seiro Co's average total tangible assets for the quarter that ended in Dec. 2025 was 円28,120 Mil. Therefore, Nippon Seiro Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 0.00%.
The historical rank and industry rank for Nippon Seiro Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:5010'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.12 Med: 0.54 Max: 5.97
Current: 1.39
During the past 13 years, Nippon Seiro Co's highest Return-on-Tangible-Asset was 5.97%. The lowest was -9.12%. And the median was 0.54%.
TSE:5010's Return-on-Tangible-Asset is ranked worse than 54.53% of 1027
companies
in the Oil & Gas industry
Industry Median: 2.04
vs TSE:5010: 1.39
Nippon Seiro Co (TSE:5010) 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.
Nippon Seiro Co Return-on-Tangible-Asset Related Terms
Nippon Seiro Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Nippon Seiro 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.
TSE:5010 vs MPC, VLO, PSX: Return-on-Tangible-Asset Comparison
For the Oil & Gas Refining & Marketing subindustry, Nippon Seiro 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.
Nippon Seiro Co Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Nippon Seiro Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nippon Seiro 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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 0.00% mean?
Nippon Seiro Co (TSE:5010) has a Return-on-Tangible-Asset of 0.00% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Nippon Seiro Co and its competitors. According to the industry distribution chart, Nippon Seiro Co ranks #560 out of 1027 companies in the Oil & Gas industry, placing it in the top 54.5%.
Is Nippon Seiro Co's Return-on-Tangible-Asset too high?
Nippon Seiro Co's current Return-on-Tangible-Asset is 0.00%. Based on the distribution chart, Nippon Seiro Co ranks #560 out of 1027 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Nippon Seiro Co has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Seiro Co's Return-on-Tangible-Asset compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Nippon Seiro Co ranks #560 out of 1027 companies for Return-on-Tangible-Asset. This places Nippon Seiro Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.04. 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 an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.04, based on 1,027 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. 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 Nippon Seiro Co and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Seiro Co's current Return-on-Tangible-Asset is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Seiro Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Seiro Co (TSE:5010) is currently considered Significantly Overvalued. The stock's GF Value™ is 円118.76, compared to a current price of 円236.00 — trading 98.7% above its estimated fair value. The current Return-on-Tangible-Asset is 0.00%. Nippon Seiro Co's overall GF Score™ is 42/100 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 Nippon Seiro Co (TSE:5010), the current Return-on-Tangible-Asset is 0.00% as of Dec. 2025. 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 Nippon Seiro Co (TSE:5010) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Seiro Co stock appears to be overvalued.
The current stock price of 円236.00 is trading 98.7% above its estimated GF Value™ of 円118.76.
GuruFocus considers Nippon Seiro Co to be Significantly Overvalued.
Key valuation signals for TSE:5010:
Return-on-Tangible-Asset: 0.00%
GF Value™: 円118.76 vs. price of 円236.00 (98.7% above fair value)
No single metric tells the full story. See the TSE:5010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Seiro Co Ltd is engaged in the manufacturing and sales of petroleum waxes, physically and chemically converted wax products and fuel oil in Japan. The company offers paraffin and microcrystalline wax products, as well as special wax products. These products are used in various applications, such as hotmelt adhesives, paper cups, plastic lubricants, paper converting, rubber antiozonants, and electric insulation.
42GF Score
Get the complete analysis for TSE:5010
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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