Nissen (TSE:6543) Return-on-Tangible-Asset: 19.64% (As of Feb. 2026) — 251% Above Median

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:6543 Nissen Inc TSE:6543
74 GF Score
Price 円1,197.00
GF Value 円812.57
Valuation Significantly Overvalued
View Full Analysis

What is Nissen Return-on-Tangible-Asset?

Nissen TSE:6543 +0.25% 74 Return-on-Tangible-Asset is 19.64% as of Feb. 2026, which is 251% above its 10-year median of 5.60. GuruFocus rates TSE:6543 with a GF Score™ of 74/100 and a GF Value™ of 円812.57 (Significantly Overvalued). Among 1,030 Media - Diversified companies, Nissen ranks better than 92.04% 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. Nissen's annualized Net Income for the quarter that ended in Feb. 2026 was 円997 Mil. Nissen's average total tangible assets for the quarter that ended in Feb. 2026 was 円5,075 Mil. Therefore, Nissen's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 19.64%.

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

TSE:6543' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.33   Med: 5.6   Max: 14.77
Current: 13.53

During the past 12 years, Nissen's highest Return-on-Tangible-Asset was 14.77%. The lowest was 4.33%. And the median was 5.60%.

TSE:6543's Return-on-Tangible-Asset is ranked better than
92.04% of 1030 companies
in the Media - Diversified industry
Industry Median: 0.845 vs TSE:6543: 13.53

Nissen  (TSE:6543) 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.


Nissen Return-on-Tangible-Asset Related Terms


Nissen Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Nissen'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.

Nissen Return-on-Tangible-Asset Chart

Nissen Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.76 5.54 4.49 5.66 13.24

Nissen Semi-Annual Data
Feb16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 6.84 3.58 7.76 7.13 19.64

TSE:6543 vs APP, OMC, TTD: Return-on-Tangible-Asset Comparison

For the Advertising Agencies subindustry, Nissen'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.


Nissen Return-on-Tangible-Asset vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nissen's Return-on-Tangible-Asset distribution charts can be found below:

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


TSE:6543
74GF Score
Nissen Inc TSE:6543
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nissen Return-on-Tangible-Asset Calculation

Nissen's annualized Return-on-Tangible-Asset for the fiscal year that ended in Feb. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=662.459/( (4537.046+5472.695)/ 2 )
=662.459/5004.8705
=13.24 %

Nissen's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=996.662/( (4676.715+5472.695)/ 2 )
=996.662/5074.705
=19.64 %

* 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 (Feb. 2026) net income data.

What does a Return-on-Tangible-Asset of 19.64% mean?
Nissen (TSE:6543) has a Return-on-Tangible-Asset of 19.64% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Nissen and its competitors. This is 251% above median its historical median of 5.60. Over the past decade, Nissen's Return-on-Tangible-Asset has ranged from 4.33 to 14.77. According to the industry distribution chart, Nissen ranks #82 out of 1030 companies in the Media - Diversified industry, placing it in the top 8%.
Is Nissen's Return-on-Tangible-Asset too high?
Nissen's current Return-on-Tangible-Asset of 19.64% is 251% above median its 10-year median of 5.60. Over the past 10 years, this metric has ranged from a low of 4.33 to a high of 14.77. The Media - Diversified industry median Return-on-Tangible-Asset is 0.85. Nissen's value of 19.64% is 2224.3% above this industry median. Based on the distribution chart, Nissen ranks #82 out of 1030 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Nissen has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nissen's Return-on-Tangible-Asset compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Nissen ranks #82 out of 1030 companies for Return-on-Tangible-Asset. This places Nissen in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.85. Nissen's value of 19.64% is 2224.3% above this benchmark. Historically, Nissen's own Return-on-Tangible-Asset has ranged from 4.33 to 14.77 over the past decade. While the company's 10-year median is 5.60 vs. the industry median of 0.85, Nissen 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 Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.85, based on 1,030 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. Nissen's current Return-on-Tangible-Asset of 19.64% is 2224.3% 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 Nissen and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nissen's current Return-on-Tangible-Asset is 19.64%, which is 251% above median its own 10-year median of 5.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissen stock overvalued right now?
Based on GuruFocus' analysis, Nissen (TSE:6543) is currently considered Significantly Overvalued. The stock's GF Value™ is 円812.57, compared to a current price of 円1,197.00 — trading 47.3% above its estimated fair value. The current Return-on-Tangible-Asset is 19.64%, which is 251% above median its 10-year median of 5.60 and 2224.3% above the Media - Diversified industry median of 0.85. Nissen's overall GF Score™ is 74/100. 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 Nissen (TSE:6543), the current Return-on-Tangible-Asset is 19.64% as of Feb. 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 Nissen (TSE:6543) Overvalued in 2026?

Based on GuruFocus' analysis, Nissen stock appears to be overvalued. The current stock price of 円1,197.00 is trading 47.3% above its estimated GF Value™ of 円812.57. GuruFocus considers Nissen to be Significantly Overvalued.

Key valuation signals for TSE:6543:

  • Return-on-Tangible-Asset: 19.64% (251% above median its 10-year median of 5.60)
  • GF Value™: 円812.57 vs. price of 円1,197.00 (47.3% above fair value)
  • GF Score™: 74/100
  • Industry Position: 2224.3% above the Media - Diversified median (#82 of 1030)

No single metric tells the full story. See the TSE:6543 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nissen Business Description

Address 2-6-5 Kandaji-cho, Chiyoda-ku, Nissen Kanda 2nd Building, Tokyo, JPN, 101-0048
Nissen Inc is an advertising and marketing company. It provides services including graphic design, copywriting, talent casting, telemarketing, media production, and other marketing services. It also has a media publishing and printing business and a telemarketing business.
74GF Score

Get the complete analysis for TSE:6543

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

円1,197.00
Price
円812.57
GF Value