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Nagase BrothersTSE:9733 +1.82%81 Return-on-Tangible-Asset is 5.53% as of Mar. 2026, which is 34% above its 10-year median of 4.14. GuruFocus rates TSE:9733 with a GF Score™ of 81/100 and a GF Value™ of 円2,348.19 (Fairly Valued). The stock has 5 warning signs investors should review. Among 263 Education companies, Nagase Brothers ranks better than 51.33% 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. Nagase Brothers's annualizedNet Income for the quarter that ended in Mar. 2026 was 円4,878 Mil. Nagase Brothers's average total tangible assets for the quarter that ended in Mar. 2026 was 円88,202 Mil. Therefore, Nagase Brothers's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.53%.
The historical rank and industry rank for Nagase Brothers's Return-on-Tangible-Asset or its related term are showing as below:
TSE:9733'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.55 Med: 4.14 Max: 5.52
Current: 4.6
During the past 13 years, Nagase Brothers's highest Return-on-Tangible-Asset was 5.52%. The lowest was 1.55%. And the median was 4.14%.
TSE:9733's Return-on-Tangible-Asset is ranked better than 51.33% of 263
companies
in the Education industry
Industry Median: 4.45
vs TSE:9733: 4.60
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.
Nagase Brothers Return-on-Tangible-Asset Related Terms
Nagase Brothers Return-on-Tangible-Asset Historical Data
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The historical data trend for Nagase Brothers'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:9733 vs EDU, TAL, LAUR: Return-on-Tangible-Asset Comparison
For the Education & Training Services subindustry, Nagase Brothers'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.
Nagase Brothers Return-on-Tangible-Asset vs Education Industry
For the Education industry and Consumer Defensive sector, Nagase Brothers's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nagase Brothers'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 5.53% mean?
Nagase Brothers (TSE:9733) has a Return-on-Tangible-Asset of 5.53% 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 Nagase Brothers and its competitors. This is 34% above median its historical median of 4.14. Over the past decade, Nagase Brothers' Return-on-Tangible-Asset has ranged from 1.55 to 5.52. According to the industry distribution chart, Nagase Brothers ranks #128 out of 263 companies in the Education industry, placing it in the top 48.7%.
Is Nagase Brothers' Return-on-Tangible-Asset too high?
Nagase Brothers' current Return-on-Tangible-Asset of 5.53% is 34% above median its 10-year median of 4.14. Over the past 10 years, this metric has ranged from a low of 1.55 to a high of 5.52. The Education industry median Return-on-Tangible-Asset is 4.45. Nagase Brothers' value of 5.53% is 24.3% above this industry median. Based on the distribution chart, Nagase Brothers ranks #128 out of 263 companies in the Education industry, which is above the industry midpoint. Overall, Nagase Brothers has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nagase Brothers' Return-on-Tangible-Asset compare to EDU and TAL?
According to the Education industry distribution chart, Nagase Brothers ranks #128 out of 263 companies for Return-on-Tangible-Asset. This puts Nagase Brothers in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.45. Nagase Brothers' value of 5.53% is 24.3% above this benchmark. Historically, Nagase Brothers' own Return-on-Tangible-Asset has ranged from 1.55 to 5.52 over the past decade. While the company's 10-year median is 4.14 vs. the industry median of 4.45, Nagase Brothers 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 Education company?
The median Return-on-Tangible-Asset among Education companies is 4.45, based on 263 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. Nagase Brothers's current Return-on-Tangible-Asset of 5.53% is 24.3% 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 Nagase Brothers and its competitors. For the Education industry, the median Return-on-Tangible-Asset is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nagase Brothers's current Return-on-Tangible-Asset is 5.53%, which is 34% above median its own 10-year median of 4.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nagase Brothers stock overvalued right now?
Based on GuruFocus' analysis, Nagase Brothers (TSE:9733) is currently considered Fairly Valued. The stock's GF Value™ is 円2,348.19, compared to a current price of 円2,347.00 — trading 0.1% below its estimated fair value. The current Return-on-Tangible-Asset is 5.53%, which is 34% above median its 10-year median of 4.14 and 24.3% above the Education industry median of 4.45. Nagase Brothers' overall GF Score™ is 81/100 with 5 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 Nagase Brothers (TSE:9733), the current Return-on-Tangible-Asset is 5.53% 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 Nagase Brothers (TSE:9733) Overvalued in 2026?
Based on GuruFocus' analysis, Nagase Brothers stock appears to be undervalued.
The current stock price of 円2,347.00 is trading 0.1% below its estimated GF Value™ of 円2,348.19.
GuruFocus considers Nagase Brothers to be Fairly Valued.
Key valuation signals for TSE:9733:
Return-on-Tangible-Asset: 5.53% (34% above median its 10-year median of 4.14)
GF Value™: 円2,348.19 vs. price of 円2,347.00 (0.1% below fair value)
Industry Position: 24.3% above the Education median (#128 of 263)
No single metric tells the full story. See the TSE:9733 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nagase Brothers Inc operates cram schools. It offers educational services for elementary, junior high, and high school students. It also has business schools, elementary schools, and swimming schools; and offers entrance examination services, as well as publishes reference books.
81GF Score
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