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Trusco NakayamaTSE:9830 +2.04%89 Return-on-Tangible-Asset is 5.80% as of Dec. 2025, which is 4% above its 10-year median of 5.57. GuruFocus rates TSE:9830 with a GF Score™ of 89/100 and a GF Value™ of 円2,872.40 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 159 Industrial Distribution companies, Trusco Nakayama ranks better than 61.01% 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. Trusco Nakayama's annualizedNet Income for the quarter that ended in Dec. 2025 was 円17,172 Mil. Trusco Nakayama's average total tangible assets for the quarter that ended in Dec. 2025 was 円296,091 Mil. Therefore, Trusco Nakayama's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 5.80%.
The historical rank and industry rank for Trusco Nakayama's Return-on-Tangible-Asset or its related term are showing as below:
TSE:9830'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.11 Med: 5.57 Max: 8.16
Current: 5.33
During the past 13 years, Trusco Nakayama's highest Return-on-Tangible-Asset was 8.16%. The lowest was 4.11%. And the median was 5.57%.
TSE:9830's Return-on-Tangible-Asset is ranked better than 61.01% of 159
companies
in the Industrial Distribution industry
Industry Median: 4.18
vs TSE:9830: 5.33
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.
Trusco Nakayama Return-on-Tangible-Asset Related Terms
Trusco Nakayama Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Trusco Nakayama'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:9830 vs GWW, FAST, FERG: Return-on-Tangible-Asset Comparison
For the Industrial Distribution subindustry, Trusco Nakayama'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.
Trusco Nakayama Return-on-Tangible-Asset vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Trusco Nakayama's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Trusco Nakayama'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 four times the quarterly (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 5.80% mean?
Trusco Nakayama (TSE:9830) has a Return-on-Tangible-Asset of 5.80% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Trusco Nakayama and its competitors. This is near median its historical median of 5.57. Over the past decade, Trusco Nakayama's Return-on-Tangible-Asset has ranged from 4.11 to 8.16. According to the industry distribution chart, Trusco Nakayama ranks #62 out of 159 companies in the Industrial Distribution industry, placing it in the top 39%.
Is Trusco Nakayama's Return-on-Tangible-Asset too high?
Trusco Nakayama's current Return-on-Tangible-Asset of 5.80% is near median its 10-year median of 5.57. Over the past 10 years, this metric has ranged from a low of 4.11 to a high of 8.16. The Industrial Distribution industry median Return-on-Tangible-Asset is 4.18. Trusco Nakayama's value of 5.80% is 38.8% above this industry median. Based on the distribution chart, Trusco Nakayama ranks #62 out of 159 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Trusco Nakayama has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trusco Nakayama's Return-on-Tangible-Asset compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Trusco Nakayama ranks #62 out of 159 companies for Return-on-Tangible-Asset. This puts Trusco Nakayama in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.18. Trusco Nakayama's value of 5.80% is 38.8% above this benchmark. Historically, Trusco Nakayama's own Return-on-Tangible-Asset has ranged from 4.11 to 8.16 over the past decade. While the company's 10-year median is 5.57 vs. the industry median of 4.18, Trusco Nakayama 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 4.18, based on 159 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. Trusco Nakayama's current Return-on-Tangible-Asset of 5.80% is 38.8% 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 Trusco Nakayama and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Asset is 4.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trusco Nakayama's current Return-on-Tangible-Asset is 5.80%, which is near median its own 10-year median of 5.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trusco Nakayama stock overvalued right now?
Based on GuruFocus' analysis, Trusco Nakayama (TSE:9830) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,872.40, compared to a current price of 円2,450.00 — trading 14.7% below its estimated fair value. The current Return-on-Tangible-Asset is 5.80%, which is near median its 10-year median of 5.57 and 38.8% above the Industrial Distribution industry median of 4.18. Trusco Nakayama's overall GF Score™ is 89/100 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 Trusco Nakayama (TSE:9830), the current Return-on-Tangible-Asset is 5.80% as of Dec. 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 Trusco Nakayama (TSE:9830) Overvalued in 2026?
Based on GuruFocus' analysis, Trusco Nakayama stock appears to be undervalued.
The current stock price of 円2,450.00 is trading 14.7% below its estimated GF Value™ of 円2,872.40.
GuruFocus considers Trusco Nakayama to be Modestly Undervalued.
Key valuation signals for TSE:9830:
Return-on-Tangible-Asset: 5.80% (near median its 10-year median of 5.57)
GF Value™: 円2,872.40 vs. price of 円2,450.00 (14.7% below fair value)
Industry Position: 38.8% above the Industrial Distribution median (#62 of 159)
No single metric tells the full story. See the TSE:9830 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trusco Nakayama Corp is a Japanese wholesaler of tools to the manufacturing industry. The company engages in the wholesale of machine tools, distribution of equipment and environmental safety equipment, consumables, and furniture and fixtures. The products are sold to machinery tools dealers, online shops, and home centers. End clients include manufacturers, general consumers, and construction-related businesses. The company sells its wholesale products in Japan.
89GF Score
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