Nakamura Choukou Co (TSE:6166) Return-on-Tangible-Asset: 5.12% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6166 Nakamura Choukou Co Ltd TSE:6166
55 GF Score
Price 円606.00
GF Value 円370.46
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Nakamura Choukou Co Return-on-Tangible-Asset?

Nakamura Choukou Co TSE:6166 -4.72% 55 Return-on-Tangible-Asset is 5.12% as of Mar. 2026. GuruFocus rates TSE:6166 with a GF Score™ of 55/100 and a GF Value™ of 円370.46 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 3,079 Industrial Products companies, Nakamura Choukou Co ranks better than 72.43% 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. Nakamura Choukou Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円174 Mil. Nakamura Choukou Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円3,402 Mil. Therefore, Nakamura Choukou Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.12%.

The historical rank and industry rank for Nakamura Choukou Co's Return-on-Tangible-Asset or its related term are showing as below:

TSE:6166' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -76.93   Med: -1.47   Max: 9.38
Current: 6.82

During the past 13 years, Nakamura Choukou Co's highest Return-on-Tangible-Asset was 9.38%. The lowest was -76.93%. And the median was -1.47%.

TSE:6166's Return-on-Tangible-Asset is ranked better than
72.43% of 3079 companies
in the Industrial Products industry
Industry Median: 3.28 vs TSE:6166: 6.82

Nakamura Choukou Co  (TSE:6166) 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 company’s 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 company’s 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.


Nakamura Choukou Co Return-on-Tangible-Asset Related Terms


Nakamura Choukou Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Nakamura Choukou 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.

Nakamura Choukou Co Return-on-Tangible-Asset Chart

Nakamura Choukou Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.33 -2.36 2.70 -0.58 7.83

Nakamura Choukou Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.34 -0.86 -0.27 7.25 5.12

TSE:6166 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison

For the Specialty Industrial Machinery subindustry, Nakamura Choukou 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.


Nakamura Choukou Co Return-on-Tangible-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nakamura Choukou Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Nakamura Choukou Co's Return-on-Tangible-Asset falls into.


TSE:6166
55GF Score
Nakamura Choukou Co Ltd TSE:6166
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nakamura Choukou Co Return-on-Tangible-Asset Calculation

Nakamura Choukou Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=276.299/( (5346.436+1711.024)/ 2 )
=276.299/3528.73
=7.83 %

Nakamura Choukou Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=174.178/( (5092.87+1711.024)/ 2 )
=174.178/3401.947
=5.12 %

* 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 5.12% mean?
Nakamura Choukou Co (TSE:6166) has a Return-on-Tangible-Asset of 5.12% 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 Nakamura Choukou Co and its competitors. According to the industry distribution chart, Nakamura Choukou Co ranks #849 out of 3079 companies in the Industrial Products industry, placing it in the top 27.6%.
Is Nakamura Choukou Co's Return-on-Tangible-Asset too high?
Nakamura Choukou Co's current Return-on-Tangible-Asset is 5.12%. The Industrial Products industry median Return-on-Tangible-Asset is 3.28. Nakamura Choukou Co's value of 5.12% is 56.1% above this industry median. Based on the distribution chart, Nakamura Choukou Co ranks #849 out of 3079 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nakamura Choukou Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nakamura Choukou Co's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nakamura Choukou Co ranks #849 out of 3079 companies for Return-on-Tangible-Asset. This puts Nakamura Choukou Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.28. Nakamura Choukou Co's value of 5.12% is 56.1% above this benchmark. 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 3.28, based on 3,079 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. Nakamura Choukou Co's current Return-on-Tangible-Asset of 5.12% is 56.1% 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 Nakamura Choukou Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nakamura Choukou Co's current Return-on-Tangible-Asset is 5.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nakamura Choukou Co stock overvalued right now?
Based on GuruFocus' analysis, Nakamura Choukou Co (TSE:6166) is currently considered Significantly Overvalued. The stock's GF Value™ is 円370.46, compared to a current price of 円606.00 — trading 63.6% above its estimated fair value. The current Return-on-Tangible-Asset is 5.12% and 56.1% above the Industrial Products industry median of 3.28. Nakamura Choukou Co's overall GF Score™ is 55/100 with 4 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 Nakamura Choukou Co (TSE:6166), the current Return-on-Tangible-Asset is 5.12% 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 Nakamura Choukou Co (TSE:6166) Overvalued in 2026?

Based on GuruFocus' analysis, Nakamura Choukou Co stock appears to be overvalued. The current stock price of 円606.00 is trading 63.6% above its estimated GF Value™ of 円370.46. GuruFocus considers Nakamura Choukou Co to be Significantly Overvalued.

Key valuation signals for TSE:6166:

  • Return-on-Tangible-Asset: 5.12%
  • GF Value™: 円370.46 vs. price of 円606.00 (63.6% above fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 56.1% above the Industrial Products median (#849 of 3079)

No single metric tells the full story. See the TSE:6166 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nakamura Choukou Co Business Description

Address 27-27 Tsurutamachi, Nishi-ku, Osaka Prefecture, Sakai, JPN, 593-8323
Nakamura Choukou Co Ltd is engaged in the manufacturing of precision nozzles, diamond wire, and material products for industrial and scientific applications. Its operating segments include the Special Precision Equipment business, which produces nozzles and peripheral parts for electronic component mounters; the Chemical Fiber Spinning Nozzle business, which supplies spinning nozzles and equipment for chemical fiber and nonwoven fabric production; the D-Next business, which manufactures diamond wire for power semiconductors; and the Material Science business, which develops and sells nano-sized zeolite.
55GF Score

Get the complete analysis for TSE:6166

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円606.00
Price
円370.46
GF Value