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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. Nitto Kohki Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円-104 Mil. Nitto Kohki Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円64,568 Mil. Therefore, Nitto Kohki Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.16%.
The historical rank and industry rank for Nitto Kohki Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:6151'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.12 Med: 3.72 Max: 6.29
Current: 3.37
During the past 13 years, Nitto Kohki Co's highest Return-on-Tangible-Asset was 6.29%. The lowest was 2.12%. And the median was 3.72%.
TSE:6151's Return-on-Tangible-Asset is ranked better than 50.68% of 3078
companies
in the Industrial Products industry
Industry Median: 3.26
vs TSE:6151: 3.37
Nitto Kohki Co (TSE:6151) 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.
Nitto Kohki Co Return-on-Tangible-Asset Related Terms
Nitto Kohki Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Nitto Kohki 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:6151 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Nitto Kohki 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.
Nitto Kohki Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nitto Kohki Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nitto Kohki 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -0.16% mean?
Nitto Kohki Co (TSE:6151) has a Return-on-Tangible-Asset of -0.16% 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 Nitto Kohki Co and its competitors. Over the past decade, Nitto Kohki Co's Return-on-Tangible-Asset has ranged from 2.12 to 6.29. According to the industry distribution chart, Nitto Kohki Co ranks #1518 out of 3078 companies in the Industrial Products industry, placing it in the top 49.3%.
Is Nitto Kohki Co's Return-on-Tangible-Asset too high?
Nitto Kohki Co's current Return-on-Tangible-Asset is -0.16%. Over the past 10 years, this metric has ranged from a low of 2.12 to a high of 6.29. Based on the distribution chart, Nitto Kohki Co ranks #1518 out of 3078 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nitto Kohki Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nitto Kohki Co's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nitto Kohki Co ranks #1518 out of 3078 companies for Return-on-Tangible-Asset. This puts Nitto Kohki Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.26. Historically, Nitto Kohki Co's own Return-on-Tangible-Asset has ranged from 2.12 to 6.29 over the past decade. 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 Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.26, based on 3,078 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 Nitto Kohki Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitto Kohki Co's current Return-on-Tangible-Asset is -0.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitto Kohki Co stock overvalued right now?
Based on GuruFocus' analysis, Nitto Kohki Co (TSE:6151) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,017.40, compared to a current price of 円1,693.00 — trading 16.1% below its estimated fair value. The current Return-on-Tangible-Asset is -0.16%. Nitto Kohki Co's overall GF Score™ is 73/100 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 Nitto Kohki Co (TSE:6151), the current Return-on-Tangible-Asset is -0.16% 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 Nitto Kohki Co (TSE:6151) Overvalued in 2026?
Based on GuruFocus' analysis, Nitto Kohki Co stock appears to be undervalued.
The current stock price of 円1,693.00 is trading 16.1% below its estimated GF Value™ of 円2,017.40.
GuruFocus considers Nitto Kohki Co to be Modestly Undervalued.
Key valuation signals for TSE:6151:
Return-on-Tangible-Asset: -0.16%
GF Value™: 円2,017.40 vs. price of 円1,693.00 (16.1% below fair value)
No single metric tells the full story. See the TSE:6151 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitto Kohki Co Ltd is a Japan-based company that operates in four segments. The couplings segment develops, manufactures, and sells quick-connecting fluid couplings under the Cupla brand. The machine tools segment manufactures machine tools for various functions including drilling, cutting, sanding, chamfering, and so on. The linear pumps segment manufactures and sells pump products that are incorporated into equipment in the housing, medical healthcare, hair, and various other fields. The door closers segment offers various door-closer products utilized in different kinds of doors. The company generates the majority of its sales from the Japanese domestic market, and the rest from overseas markets.
73GF Score
Get the complete analysis for TSE:6151
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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