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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. Nihon Seimitsu Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円446 Mil. Nihon Seimitsu Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円5,478 Mil. Therefore, Nihon Seimitsu Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 8.15%.
The historical rank and industry rank for Nihon Seimitsu Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:7771'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -12.29 Med: -1.48 Max: 7.59
Current: 6.49
During the past 13 years, Nihon Seimitsu Co's highest Return-on-Tangible-Asset was 7.59%. The lowest was -12.29%. And the median was -1.48%.
TSE:7771's Return-on-Tangible-Asset is ranked better than 70.16% of 1136
companies
in the Retail - Cyclical industry
Industry Median: 2.92
vs TSE:7771: 6.49
Nihon Seimitsu Co (TSE:7771) 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.
Nihon Seimitsu Co Return-on-Tangible-Asset Related Terms
Nihon Seimitsu Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Nihon Seimitsu 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:7771 vs TPR: Return-on-Tangible-Asset Comparison
For the Luxury Goods subindustry, Nihon Seimitsu 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.
Nihon Seimitsu Co Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Nihon Seimitsu Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nihon Seimitsu 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 8.15% mean?
Nihon Seimitsu Co (TSE:7771) has a Return-on-Tangible-Asset of 8.15% 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 Nihon Seimitsu Co and its competitors. According to the industry distribution chart, Nihon Seimitsu Co ranks #339 out of 1136 companies in the Retail - Cyclical industry, placing it in the top 29.8%.
Is Nihon Seimitsu Co's Return-on-Tangible-Asset too high?
Nihon Seimitsu Co's current Return-on-Tangible-Asset is 8.15%. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.92. Nihon Seimitsu Co's value of 8.15% is 179.1% above this industry median. Based on the distribution chart, Nihon Seimitsu Co ranks #339 out of 1136 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Nihon Seimitsu Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nihon Seimitsu Co's Return-on-Tangible-Asset compare to TPR?
According to the Retail - Cyclical industry distribution chart, Nihon Seimitsu Co ranks #339 out of 1136 companies for Return-on-Tangible-Asset. This puts Nihon Seimitsu Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.92. Nihon Seimitsu Co's value of 8.15% is 179.1% 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 a Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 2.92, based on 1,136 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. Nihon Seimitsu Co's current Return-on-Tangible-Asset of 8.15% is 179.1% 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 Nihon Seimitsu Co and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Seimitsu Co's current Return-on-Tangible-Asset is 8.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Seimitsu Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Seimitsu Co (TSE:7771) is currently considered Significantly Overvalued. The stock's GF Value™ is 円94.07, compared to a current price of 円270.00 — trading 187% above its estimated fair value. The current Return-on-Tangible-Asset is 8.15% and 179.1% above the Retail - Cyclical industry median of 2.92. Nihon Seimitsu Co's overall GF Score™ is 50/100 with 3 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 Nihon Seimitsu Co (TSE:7771), the current Return-on-Tangible-Asset is 8.15% 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 Nihon Seimitsu Co (TSE:7771) Overvalued in 2026?
Based on GuruFocus' analysis, Nihon Seimitsu Co stock appears to be overvalued.
The current stock price of 円270.00 is trading 187% above its estimated GF Value™ of 円94.07.
GuruFocus considers Nihon Seimitsu Co to be Significantly Overvalued.
Key valuation signals for TSE:7771:
Return-on-Tangible-Asset: 8.15%
GF Value™: 円94.07 vs. price of 円270.00 (187% above fair value)
Industry Position: 179.1% above the Retail - Cyclical median (#339 of 1136)
No single metric tells the full story. See the TSE:7771 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nihon Seimitsu Co Ltd manufactures watch bands, fishing gear and static eliminator. The Company is engaged in three main business segments namely, fishing equipment related business, eyeglass frame business, and fishing tackle and applied products business.
50GF Score
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