Nippon Carbon CoNCRBF 83 Return-on-Tangible-Equity is 1.73% as of Dec. 2025, which is 79% below its 10-year median of 8.32. GuruFocus rates NCRBF with a GF Score™ of 83/100 and a GF Value™ of $29.03 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,571 Chemicals companies, Nippon Carbon Co ranks better than 63.72% 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. Nippon Carbon Co's annualized net income for the quarter that ended in Dec. 2025 was $6.2 Mil. Nippon Carbon Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $354.8 Mil. Therefore, Nippon Carbon Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 1.73%.
The historical rank and industry rank for Nippon Carbon Co's Return-on-Tangible-Equity or its related term are showing as below:
NCRBF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -19.11 Med: 8.32 Max: 32
Current: 8.72
During the past 13 years, Nippon Carbon Co's highest Return-on-Tangible-Equity was 32.00%. The lowest was -19.11%. And the median was 8.32%.
NCRBF's Return-on-Tangible-Equity is ranked better than 63.72% of 1571
companies
in the Chemicals industry
Industry Median: 5.7
vs NCRBF: 8.72
Nippon Carbon Co (OTCPK:NCRBF) 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.
Nippon Carbon Co Return-on-Tangible-Equity Related Terms
Nippon Carbon Co Return-on-Tangible-Equity Historical Data
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The historical data trend for Nippon Carbon 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.
NCRBF vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Nippon Carbon 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.
Nippon Carbon Co Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nippon Carbon Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nippon Carbon 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 (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 1.73% mean?
Nippon Carbon Co (NCRBF) has a Return-on-Tangible-Equity of 1.73% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Nippon Carbon Co and its competitors. This is 79% below median its historical median of 8.32. According to the industry distribution chart, Nippon Carbon Co ranks #570 out of 1571 companies in the Chemicals industry, placing it in the top 36.3%.
Is Nippon Carbon Co's Return-on-Tangible-Equity too high?
Nippon Carbon Co's current Return-on-Tangible-Equity of 1.73% is 79% below median its 10-year median of 8.32. The Chemicals industry median Return-on-Tangible-Equity is 5.70. Nippon Carbon Co's value of 1.73% is 69.6% below this industry median. Based on the distribution chart, Nippon Carbon Co ranks #570 out of 1571 companies in the Chemicals industry, which is above the industry midpoint. Overall, Nippon Carbon Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Carbon Co's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nippon Carbon Co ranks #570 out of 1571 companies for Return-on-Tangible-Equity. This puts Nippon Carbon Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.70. Nippon Carbon Co's value of 1.73% is 69.6% below this benchmark. While the company's 10-year median is 8.32 vs. the industry median of 5.70, Nippon Carbon Co has consistently been below 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.70, based on 1,571 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. Nippon Carbon Co's current Return-on-Tangible-Equity of 1.73% is 69.6% below 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 Nippon Carbon Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Carbon Co's current Return-on-Tangible-Equity is 1.73%, which is 79% below median its own 10-year median of 8.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Carbon Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Carbon Co (NCRBF) is currently considered Fairly Valued. The stock's GF Value™ is $29.03, compared to a current price of $27.63 — trading 4.8% below its estimated fair value. The current Return-on-Tangible-Equity is 1.73%, which is 79% below median its 10-year median of 8.32 and 69.6% below the Chemicals industry median of 5.70. Nippon Carbon Co's overall GF Score™ is 83/100 with 7 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 Nippon Carbon Co (NCRBF), the current Return-on-Tangible-Equity is 1.73% 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 Nippon Carbon Co (NCRBF) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Carbon Co stock appears to be undervalued.
The current stock price of $27.63 is trading 4.8% below its estimated GF Value™ of $29.03.
GuruFocus considers Nippon Carbon Co to be Fairly Valued.
Key valuation signals for NCRBF:
Return-on-Tangible-Equity: 1.73% (79% below median its 10-year median of 8.32)
GF Value™: $29.03 vs. price of $27.63 (4.8% below fair value)
Industry Position: 69.6% below the Chemicals median (#570 of 1571)
No single metric tells the full story. See the NCRBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Carbon Co Ltd engages in the manufacture and sale of carbon products. It provides products in following categories: Carbon Products, Silicon carbide products, and Others. The Carbon Products include artificial graphite electrode, impervious graphite products, isotropic high purity graphite products, a machine for graphite products, general purpose carbon fibers, and graphite fibers, containing resin graphite fibers made of packing, flexible graphite sealing material, and node material for lithium ion battery. Silicon carbide products are involved in the development and sale of ceramic matrix composite. Other category deals with manufacturing industrial machinery, mechanical repair, building and parking leasing.
83GF Score
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