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Narasakingyo CoTSE:8085 -0.35%77 Return-on-Tangible-Asset is 5.34% as of Mar. 2026, which is 52% above its 10-year median of 3.52. GuruFocus rates TSE:8085 with a GF Score™ of 77/100 and a GF Value™ of 円3,437.52 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 158 Industrial Distribution companies, Narasakingyo Co ranks worse than 51.9% 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. Narasakingyo Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円3,198 Mil. Narasakingyo Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円59,935 Mil. Therefore, Narasakingyo Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.34%.
The historical rank and industry rank for Narasakingyo Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:8085'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.82 Med: 3.52 Max: 4.27
Current: 3.82
During the past 13 years, Narasakingyo Co's highest Return-on-Tangible-Asset was 4.27%. The lowest was 2.82%. And the median was 3.52%.
TSE:8085's Return-on-Tangible-Asset is ranked worse than 51.9% of 158
companies
in the Industrial Distribution industry
Industry Median: 4.01
vs TSE:8085: 3.82
Narasakingyo Co (TSE:8085) 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.
Narasakingyo Co Return-on-Tangible-Asset Related Terms
Narasakingyo Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Narasakingyo 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:8085 vs GWW, FAST, FERG: Return-on-Tangible-Asset Comparison
For the Industrial Distribution subindustry, Narasakingyo 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.
Narasakingyo Co Return-on-Tangible-Asset vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Narasakingyo Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Narasakingyo 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 5.34% mean?
Narasakingyo Co (TSE:8085) has a Return-on-Tangible-Asset of 5.34% 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 Narasakingyo Co and its competitors. This is 52% above median its historical median of 3.52. Over the past decade, Narasakingyo Co's Return-on-Tangible-Asset has ranged from 2.82 to 4.27. According to the industry distribution chart, Narasakingyo Co ranks #82 out of 158 companies in the Industrial Distribution industry, placing it in the top 51.9%.
Is Narasakingyo Co's Return-on-Tangible-Asset too high?
Narasakingyo Co's current Return-on-Tangible-Asset of 5.34% is 52% above median its 10-year median of 3.52. Over the past 10 years, this metric has ranged from a low of 2.82 to a high of 4.27. The Industrial Distribution industry median Return-on-Tangible-Asset is 4.01. Narasakingyo Co's value of 5.34% is 33.2% above this industry median. Based on the distribution chart, Narasakingyo Co ranks #82 out of 158 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Narasakingyo Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Narasakingyo Co's Return-on-Tangible-Asset compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Narasakingyo Co ranks #82 out of 158 companies for Return-on-Tangible-Asset. This places Narasakingyo Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.01. Narasakingyo Co's value of 5.34% is 33.2% above this benchmark. Historically, Narasakingyo Co's own Return-on-Tangible-Asset has ranged from 2.82 to 4.27 over the past decade. While the company's 10-year median is 3.52 vs. the industry median of 4.01, Narasakingyo 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 Distribution company?
The median Return-on-Tangible-Asset among Industrial Distribution companies is 4.01, based on 158 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. Narasakingyo Co's current Return-on-Tangible-Asset of 5.34% is 33.2% 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 Narasakingyo Co and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Asset is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Narasakingyo Co's current Return-on-Tangible-Asset is 5.34%, which is 52% above median its own 10-year median of 3.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Narasakingyo Co stock overvalued right now?
Based on GuruFocus' analysis, Narasakingyo Co (TSE:8085) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,437.52, compared to a current price of 円4,225.00 — trading 22.9% above its estimated fair value. The current Return-on-Tangible-Asset is 5.34%, which is 52% above median its 10-year median of 3.52 and 33.2% above the Industrial Distribution industry median of 4.01. Narasakingyo Co's overall GF Score™ is 77/100 with 2 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 Narasakingyo Co (TSE:8085), the current Return-on-Tangible-Asset is 5.34% 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 Narasakingyo Co (TSE:8085) Overvalued in 2026?
Based on GuruFocus' analysis, Narasakingyo Co stock appears to be overvalued.
The current stock price of 円4,225.00 is trading 22.9% above its estimated GF Value™ of 円3,437.52.
GuruFocus considers Narasakingyo Co to be Modestly Overvalued.
Key valuation signals for TSE:8085:
Return-on-Tangible-Asset: 5.34% (52% above median its 10-year median of 3.52)
GF Value™: 円3,437.52 vs. price of 円4,225.00 (22.9% above fair value)
Industry Position: 33.2% above the Industrial Distribution median (#82 of 158)
No single metric tells the full story. See the TSE:8085 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Narasaki Sangyo Co Ltd is primarily engaged in the sale of industrial equipment. The company operates principally in seven business divisions organized on the basis of product lines- Electric Machinery and Equipment, Building Equipment, FA And High-performance Materials, Industrial Equipment and Agricultural Implements, Construction Machinery, Construction Materials and Energy. The product range comprises factory automation components, optimal air conditioning and sanitation equipment, freezing and refrigerating equipment, elevators, power receiving/transforming facilities, and petroleum products to industry and households.
77GF Score
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