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Nippon Crucible CoTSE:5355 -0.15%72 Return-on-Tangible-Asset is 4.87% as of Mar. 2026, which is 63% above its 10-year median of 2.99. GuruFocus rates TSE:5355 with a GF Score™ of 72/100 and a GF Value™ of 円648.18 (Fairly Valued). The stock has 3 warning signs investors should review. Among 568 Conglomerates companies, Nippon Crucible Co ranks better than 60.21% 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. Nippon Crucible Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円560 Mil. Nippon Crucible Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円11,515 Mil. Therefore, Nippon Crucible Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.87%.
The historical rank and industry rank for Nippon Crucible Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:5355'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.23 Med: 2.99 Max: 3.81
Current: 3.76
During the past 13 years, Nippon Crucible Co's highest Return-on-Tangible-Asset was 3.81%. The lowest was 0.23%. And the median was 2.99%.
TSE:5355's Return-on-Tangible-Asset is ranked better than 60.21% of 568
companies
in the Conglomerates industry
Industry Median: 2.735
vs TSE:5355: 3.76
Nippon Crucible Co (TSE:5355) 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 Crucible Co Return-on-Tangible-Asset Related Terms
Nippon Crucible Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Nippon Crucible 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:5355 vs MMM, HON: Return-on-Tangible-Asset Comparison
For the Conglomerates subindustry, Nippon Crucible 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 Crucible Co Return-on-Tangible-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Nippon Crucible Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nippon Crucible 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.87% mean?
Nippon Crucible Co (TSE:5355) has a Return-on-Tangible-Asset of 4.87% 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 Nippon Crucible Co and its competitors. This is 63% above median its historical median of 2.99. Over the past decade, Nippon Crucible Co's Return-on-Tangible-Asset has ranged from 0.23 to 3.81. According to the industry distribution chart, Nippon Crucible Co ranks #226 out of 568 companies in the Conglomerates industry, placing it in the top 39.8%.
Is Nippon Crucible Co's Return-on-Tangible-Asset too high?
Nippon Crucible Co's current Return-on-Tangible-Asset of 4.87% is 63% above median its 10-year median of 2.99. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 3.81. The Conglomerates industry median Return-on-Tangible-Asset is 2.74. Nippon Crucible Co's value of 4.87% is 78.1% above this industry median. Based on the distribution chart, Nippon Crucible Co ranks #226 out of 568 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Nippon Crucible Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Crucible Co's Return-on-Tangible-Asset compare to MMM and HON?
According to the Conglomerates industry distribution chart, Nippon Crucible Co ranks #226 out of 568 companies for Return-on-Tangible-Asset. This puts Nippon Crucible Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.74. Nippon Crucible Co's value of 4.87% is 78.1% above this benchmark. Historically, Nippon Crucible Co's own Return-on-Tangible-Asset has ranged from 0.23 to 3.81 over the past decade. While the company's 10-year median is 2.99 vs. the industry median of 2.74, Nippon Crucible 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 Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.74, based on 568 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. Nippon Crucible Co's current Return-on-Tangible-Asset of 4.87% is 78.1% 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 Nippon Crucible Co and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Crucible Co's current Return-on-Tangible-Asset is 4.87%, which is 63% above median its own 10-year median of 2.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Crucible Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Crucible Co (TSE:5355) is currently considered Fairly Valued. The stock's GF Value™ is 円648.18, compared to a current price of 円680.00 — trading 4.9% above its estimated fair value. The current Return-on-Tangible-Asset is 4.87%, which is 63% above median its 10-year median of 2.99 and 78.1% above the Conglomerates industry median of 2.74. Nippon Crucible Co's overall GF Score™ is 72/100 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 Nippon Crucible Co (TSE:5355), the current Return-on-Tangible-Asset is 4.87% 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 Nippon Crucible Co (TSE:5355) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Crucible Co stock appears to be overvalued.
The current stock price of 円680.00 is trading 4.9% above its estimated GF Value™ of 円648.18.
GuruFocus considers Nippon Crucible Co to be Fairly Valued.
Key valuation signals for TSE:5355:
Return-on-Tangible-Asset: 4.87% (63% above median its 10-year median of 2.99)
GF Value™: 円648.18 vs. price of 円680.00 (4.9% above fair value)
Industry Position: 78.1% above the Conglomerates median (#226 of 568)
No single metric tells the full story. See the TSE:5355 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Crucible Co Ltd manufactures graphite crucibles and refractories for steelmakers. The company is organized into four business segments - Refractories business, Engineering business, Overseas business, and Real Estate business. The Refractory segment is engaged in the manufacture and sale of graphite crucibles, shaped refractory and unshaped refractory. The Engineering segment is engaged in the design and construction of various industrial furnaces and incinerators. Overseas business is engaged in the import/export of refractory products and melting furnace equipment. The Real Estate segment is involved in the leasing of buildings and parking lots, and the operation of solar power generation business.
72GF Score
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