Nitori Holdings CoNCLTY 90 Return-on-Tangible-Equity is 6.09% as of Mar. 2026, which is 59% below its 10-year median of 14.94. GuruFocus rates NCLTY with a GF Score™ of 90/100 and a GF Value™ of $10.88 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 420 Furnishings, Fixtures & Appliances companies, Nitori Holdings Co ranks better than 68.33% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Nitori Holdings Co's annualized net income for the quarter that ended in Mar. 2026 was $376 Mil. Nitori Holdings Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $6,174 Mil. Therefore, Nitori Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.09%.
The historical rank and industry rank for Nitori Holdings Co's Return-on-Tangible-Equity or its related term are showing as below:
NCLTY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.52 Med: 14.94 Max: 17.13
Current: 9.54
During the past 13 years, Nitori Holdings Co's highest Return-on-Tangible-Equity was 17.13%. The lowest was 9.52%. And the median was 14.94%.
NCLTY's Return-on-Tangible-Equity is ranked better than 68.33% of 420
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.98
vs NCLTY: 9.54
Nitori Holdings Co (OTCPK:NCLTY) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Nitori Holdings Co Return-on-Tangible-Equity Related Terms
Nitori Holdings Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Nitori Holdings Co's Return-on-Tangible-Equity 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.
Nitori Holdings Co Return-on-Tangible-Equity Chart
NCLTY vs SN, SGI, MHK: Return-on-Tangible-Equity Comparison
For the Furnishings, Fixtures & Appliances subindustry, Nitori Holdings Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Nitori Holdings Co Return-on-Tangible-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nitori Holdings Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nitori Holdings Co's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 6.09% mean?
Nitori Holdings Co (NCLTY) has a Return-on-Tangible-Equity of 6.09% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Nitori Holdings Co and its competitors. This is 59% below median its historical median of 14.94. Over the past decade, Nitori Holdings Co's Return-on-Tangible-Equity has ranged from 9.52 to 17.13. According to the industry distribution chart, Nitori Holdings Co ranks #133 out of 420 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 31.7%.
Is Nitori Holdings Co's Return-on-Tangible-Equity too high?
Nitori Holdings Co's current Return-on-Tangible-Equity of 6.09% is 59% below median its 10-year median of 14.94. Over the past 10 years, this metric has ranged from a low of 9.52 to a high of 17.13. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Equity is 4.98. Nitori Holdings Co's value of 6.09% is 22.3% above this industry median. Based on the distribution chart, Nitori Holdings Co ranks #133 out of 420 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Nitori Holdings Co has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nitori Holdings Co's Return-on-Tangible-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Nitori Holdings Co ranks #133 out of 420 companies for Return-on-Tangible-Equity. This puts Nitori Holdings Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.98. Nitori Holdings Co's value of 6.09% is 22.3% above this benchmark. Historically, Nitori Holdings Co's own Return-on-Tangible-Equity has ranged from 9.52 to 17.13 over the past decade. While the company's 10-year median is 14.94 vs. the industry median of 4.98, Nitori Holdings 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-Equity for a Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Equity among Furnishings, Fixtures & Appliances companies is 4.98, based on 420 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nitori Holdings Co's current Return-on-Tangible-Equity of 6.09% is 22.3% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Nitori Holdings Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Equity is 4.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitori Holdings Co's current Return-on-Tangible-Equity is 6.09%, which is 59% below median its own 10-year median of 14.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitori Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nitori Holdings Co (NCLTY) is currently considered Significantly Undervalued. The stock's GF Value™ is $10.88, compared to a current price of $7.59 — trading 30.3% below its estimated fair value. The current Return-on-Tangible-Equity is 6.09%, which is 59% below median its 10-year median of 14.94 and 22.3% above the Furnishings, Fixtures & Appliances industry median of 4.98. Nitori Holdings Co's overall GF Score™ is 90/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Nitori Holdings Co (NCLTY), the current Return-on-Tangible-Equity is 6.09% 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 Nitori Holdings Co (NCLTY) Overvalued in 2026?
Based on GuruFocus' analysis, Nitori Holdings Co stock appears to be undervalued.
The current stock price of $7.59 is trading 30.3% below its estimated GF Value™ of $10.88.
GuruFocus considers Nitori Holdings Co to be Significantly Undervalued.
Key valuation signals for NCLTY:
Return-on-Tangible-Equity: 6.09% (59% below median its 10-year median of 14.94)
GF Value™: $10.88 vs. price of $7.59 (30.3% below fair value)
Industry Position: 22.3% above the Furnishings, Fixtures & Appliances median (#133 of 420)
No single metric tells the full story. See the NCLTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitori Holdings Co Ltd is a Japan-based company engaged in the sale of furniture and interior goods. The company operates through two business segments. The Nitori Business segment is involved in the development, manufacturing, and sale of furniture and interior goods, along with activities such as real estate leasing, advertising, and logistics services. The Shimachu Business segment focuses on the sale of furniture, interior goods, and home center products. It generates the majority of its revenue from the Nitori Business segment.
90GF Score
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