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Nalnet CommunicationsTSE:5870 +0.25%16 Return-on-Tangible-Asset is 11.71% as of Mar. 2026, which is 79% above its 10-year median of 6.56. GuruFocus rates TSE:5870 with a GF Score™ of 16/100. The stock has 1 warning sign investors should review. Among 1,329 Vehicles & Parts companies, Nalnet Communications ranks better than 85.1% 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. Nalnet Communications's annualizedNet Income for the quarter that ended in Mar. 2026 was 円671 Mil. Nalnet Communications's average total tangible assets for the quarter that ended in Mar. 2026 was 円5,727 Mil. Therefore, Nalnet Communications's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 11.71%.
The historical rank and industry rank for Nalnet Communications's Return-on-Tangible-Asset or its related term are showing as below:
TSE:5870'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.72 Med: 6.56 Max: 14.24
Current: 9.1
During the past 5 years, Nalnet Communications's highest Return-on-Tangible-Asset was 14.24%. The lowest was 4.72%. And the median was 6.56%.
TSE:5870's Return-on-Tangible-Asset is ranked better than 85.1% of 1329
companies
in the Vehicles & Parts industry
Industry Median: 3.24
vs TSE:5870: 9.10
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.
Nalnet Communications Return-on-Tangible-Asset Related Terms
Nalnet Communications Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Nalnet Communications'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:5870 vs CVNA, PAG, KMX: Return-on-Tangible-Asset Comparison
For the Auto & Truck Dealerships subindustry, Nalnet Communications'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.
Nalnet Communications Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Nalnet Communications's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nalnet Communications'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 11.71% mean?
Nalnet Communications (TSE:5870) has a Return-on-Tangible-Asset of 11.71% 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 Nalnet Communications and its competitors. This is 79% above median its historical median of 6.56. Over the past decade, Nalnet Communications' Return-on-Tangible-Asset has ranged from 4.72 to 14.24. According to the industry distribution chart, Nalnet Communications ranks #198 out of 1329 companies in the Vehicles & Parts industry, placing it in the top 14.9%.
Is Nalnet Communications' Return-on-Tangible-Asset too high?
Nalnet Communications' current Return-on-Tangible-Asset of 11.71% is 79% above median its 10-year median of 6.56. Over the past 10 years, this metric has ranged from a low of 4.72 to a high of 14.24. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.24. Nalnet Communications' value of 11.71% is 261.4% above this industry median. Based on the distribution chart, Nalnet Communications ranks #198 out of 1329 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Nalnet Communications has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Nalnet Communications' Return-on-Tangible-Asset compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Nalnet Communications ranks #198 out of 1329 companies for Return-on-Tangible-Asset. This places Nalnet Communications in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.24. Nalnet Communications' value of 11.71% is 261.4% above this benchmark. Historically, Nalnet Communications' own Return-on-Tangible-Asset has ranged from 4.72 to 14.24 over the past decade. While the company's 10-year median is 6.56 vs. the industry median of 3.24, Nalnet Communications 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.24, based on 1,329 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. Nalnet Communications's current Return-on-Tangible-Asset of 11.71% is 261.4% 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 Nalnet Communications and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nalnet Communications's current Return-on-Tangible-Asset is 11.71%, which is 79% above median its own 10-year median of 6.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nalnet Communications stock overvalued right now?
Nalnet Communications (TSE:5870) has a current Return-on-Tangible-Asset of 11.71%. The current Return-on-Tangible-Asset is 11.71%, which is 79% above median its 10-year median of 6.56 and 261.4% above the Vehicles & Parts industry median of 3.24. Nalnet Communications' overall GF Score™ is 16/100 with 1 warning sign 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 Nalnet Communications (TSE:5870), the current Return-on-Tangible-Asset is 11.71% 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.
Nalnet Communications Inc is a vehicle management and maintenance management business for automobile-related companies such as auto leasing companies and individual users.
16GF Score
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