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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. Nakano Refrigerators Co's annualizedNet Income for the quarter that ended in Jun. 2025 was 円1,474 Mil. Nakano Refrigerators Co's average total tangible assets for the quarter that ended in Jun. 2025 was 円35,325 Mil. Therefore, Nakano Refrigerators Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2025 was 4.17%.
The historical rank and industry rank for Nakano Refrigerators Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:6411'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.25 Med: 4.43 Max: 6.12
Current: 5.35
During the past 13 years, Nakano Refrigerators Co's highest Return-on-Tangible-Asset was 6.12%. The lowest was 2.25%. And the median was 4.43%.
TSE:6411's Return-on-Tangible-Asset is not ranked
in the Industrial Products industry.
Industry Median: 3.43
vs TSE:6411: 5.35
Nakano Refrigerators Co (TSE:6411) 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.
Nakano Refrigerators Co Return-on-Tangible-Asset Related Terms
Nakano Refrigerators Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Nakano Refrigerators 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.
Nakano Refrigerators Co Return-on-Tangible-Asset Chart
TSE:6411 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Nakano Refrigerators 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.
Nakano Refrigerators Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nakano Refrigerators Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nakano Refrigerators 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 (Jun. 2025) net income data.
What does a Return-on-Tangible-Asset of 4.17% mean?
Nakano Refrigerators Co (TSE:6411) has a Return-on-Tangible-Asset of 4.17% as of Jun. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Nakano Refrigerators Co and its competitors. This is near median its historical median of 4.43. Over the past decade, Nakano Refrigerators Co's Return-on-Tangible-Asset has ranged from 2.25 to 6.12.
Is Nakano Refrigerators Co's Return-on-Tangible-Asset too high?
Nakano Refrigerators Co's current Return-on-Tangible-Asset of 4.17% is near median its 10-year median of 4.43. Over the past 10 years, this metric has ranged from a low of 2.25 to a high of 6.12. The Industrial Products industry median Return-on-Tangible-Asset is 3.43. Nakano Refrigerators Co's value of 4.17% is 21.6% above this industry median. Overall, Nakano Refrigerators Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Nakano Refrigerators Co's Return-on-Tangible-Asset compare to GEV and ETN?
Nakano Refrigerators Co's Return-on-Tangible-Asset of 4.17% can be compared against companies in the Industrial Products industry. The industry median Return-on-Tangible-Asset is 3.43. Nakano Refrigerators Co's value of 4.17% is 21.6% above this benchmark. Historically, Nakano Refrigerators Co's own Return-on-Tangible-Asset has ranged from 2.25 to 6.12 over the past decade. While the company's 10-year median is 4.43 vs. the industry median of 3.43, Nakano Refrigerators 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.43, based on 3,089 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. Nakano Refrigerators Co's current Return-on-Tangible-Asset of 4.17% is 21.6% 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 Nakano Refrigerators Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nakano Refrigerators Co's current Return-on-Tangible-Asset is 4.17%, which is near median its own 10-year median of 4.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nakano Refrigerators Co stock overvalued right now?
Nakano Refrigerators Co (TSE:6411) has a current Return-on-Tangible-Asset of 4.17%. The stock's GF Value™ is 円6,407.95, compared to a current price of 円7,860.00 — trading 22.7% above its estimated fair value. The current Return-on-Tangible-Asset is 4.17%, which is near median its 10-year median of 4.43 and 21.6% above the Industrial Products industry median of 3.43. Nakano Refrigerators Co's overall GF Score™ is 18/100 with 7 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 Nakano Refrigerators Co (TSE:6411), the current Return-on-Tangible-Asset is 4.17% as of Jun. 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 Nakano Refrigerators Co (TSE:6411) Overvalued in 2026?
Based on GuruFocus' analysis, Nakano Refrigerators Co stock appears to be overvalued.
The current stock price of 円7,860.00 is trading 22.7% above its estimated GF Value™ of 円6,407.95.
Key valuation signals for TSE:6411:
Return-on-Tangible-Asset: 4.17% (near median its 10-year median of 4.43)
GF Value™: 円6,407.95 vs. price of 円7,860.00 (22.7% above fair value)
Industry Position: 21.6% above the Industrial Products median
No single metric tells the full story. See the TSE:6411 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nakano Refrigerators Co Ltd engages in the manufacture, sale and installation of freezers, refrigerators, and other related products. Its product offerings include refrigerator showcase, showcase with built-in refrigerator, refrigerator, commercial refrigerator, wire wine rack, sliding shelf, variable wire divider, multi mirrors, sprinkler, energy saving equipment and applied products. Nakano products are used in supermarkets, convenience store, small supermarkets, department stores, large commercial facilities and distribution centers. The company also provides after-sales service for the products sold.
18GF Score
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