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NTT SystemWAR:NTT +0.65%70 Return-on-Tangible-Asset is 4.84% as of Mar. 2026, which is 6% above its 10-year median of 4.57. GuruFocus rates WAR:NTT with a GF Score™ of 70/100 and a GF Value™ of zł6.81 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,499 Hardware companies, NTT System ranks better than 77.19% 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. NTT System's annualizedNet Income for the quarter that ended in Mar. 2026 was zł28 Mil. NTT System's average total tangible assets for the quarter that ended in Mar. 2026 was zł582 Mil. Therefore, NTT System's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.84%.
The historical rank and industry rank for NTT System's Return-on-Tangible-Asset or its related term are showing as below:
WAR:NTT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.91 Med: 4.57 Max: 7.25
Current: 7.25
During the past 13 years, NTT System's highest Return-on-Tangible-Asset was 7.25%. The lowest was 0.91%. And the median was 4.57%.
WAR:NTT's Return-on-Tangible-Asset is ranked better than 77.19% of 2499
companies
in the Hardware industry
Industry Median: 2.47
vs WAR:NTT: 7.25
NTT System (WAR:NTT) 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.
NTT System Return-on-Tangible-Asset Related Terms
NTT System Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for NTT System'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.
WAR:NTT vs DELL, ANET, SNDK: Return-on-Tangible-Asset Comparison
For the Computer Hardware subindustry, NTT System'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.
NTT System Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, NTT System's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where NTT System'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.84% mean?
NTT System (WAR:NTT) has a Return-on-Tangible-Asset of 4.84% 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 NTT System and its competitors. This is near median its historical median of 4.57. Over the past decade, NTT System's Return-on-Tangible-Asset has ranged from 0.91 to 7.25. According to the industry distribution chart, NTT System ranks #570 out of 2499 companies in the Hardware industry, placing it in the top 22.8%.
Is NTT System's Return-on-Tangible-Asset too high?
NTT System's current Return-on-Tangible-Asset of 4.84% is near median its 10-year median of 4.57. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 7.25. The Hardware industry median Return-on-Tangible-Asset is 2.47. NTT System's value of 4.84% is 96% above this industry median. Based on the distribution chart, NTT System ranks #570 out of 2499 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, NTT System has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NTT System's Return-on-Tangible-Asset compare to DELL and ANET?
According to the Hardware industry distribution chart, NTT System ranks #570 out of 2499 companies for Return-on-Tangible-Asset. This places NTT System in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.47. NTT System's value of 4.84% is 96% above this benchmark. Historically, NTT System's own Return-on-Tangible-Asset has ranged from 0.91 to 7.25 over the past decade. While the company's 10-year median is 4.57 vs. the industry median of 2.47, NTT System 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.47, based on 2,499 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. NTT System's current Return-on-Tangible-Asset of 4.84% is 96% 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 NTT System and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTT System's current Return-on-Tangible-Asset is 4.84%, which is near median its own 10-year median of 4.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTT System stock overvalued right now?
Based on GuruFocus' analysis, NTT System (WAR:NTT) is currently considered Significantly Overvalued. The stock's GF Value™ is zł6.81, compared to a current price of zł15.55 — trading 128.3% above its estimated fair value. The current Return-on-Tangible-Asset is 4.84%, which is near median its 10-year median of 4.57 and 96% above the Hardware industry median of 2.47. NTT System's overall GF Score™ is 70/100 with 6 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 NTT System (WAR:NTT), the current Return-on-Tangible-Asset is 4.84% 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 NTT System (WAR:NTT) Overvalued in 2026?
Based on GuruFocus' analysis, NTT System stock appears to be overvalued.
The current stock price of zł15.55 is trading 128.3% above its estimated GF Value™ of zł6.81.
GuruFocus considers NTT System to be Significantly Overvalued.
Key valuation signals for WAR:NTT:
Return-on-Tangible-Asset: 4.84% (near median its 10-year median of 4.57)
GF Value™: zł6.81 vs. price of zł15.55 (128.3% above fair value)
Industry Position: 96% above the Hardware median (#570 of 2499)
No single metric tells the full story. See the WAR:NTT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NTT System SA is a manufacturer of desktop computers, supplied both private label and brand commissioned. It is one of the distributors of accessories, components, and peripherals in Poland. The company serves institutional, individual and business clients. It offers news and promotion, servers, computers, e-sport system, tablets, inks and toners, and accessories.
70GF Score
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