Nihon M&A Center HoldingsNHMAF 87 Return-on-Tangible-Equity is 20.01% as of Mar. 2026, which is 24% below its 10-year median of 26.21. GuruFocus rates NHMAF with a GF Score™ of 87/100 and a GF Value™ of $4.94 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 783 Capital Markets companies, Nihon M&A Center Holdings ranks better than 81.74% 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. Nihon M&A Center Holdings's annualized net income for the quarter that ended in Mar. 2026 was $62.2 Mil. Nihon M&A Center Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $310.6 Mil. Therefore, Nihon M&A Center Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 20.01%.
The historical rank and industry rank for Nihon M&A Center Holdings's Return-on-Tangible-Equity or its related term are showing as below:
NHMAF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 18.81 Med: 26.21 Max: 42.87
Current: 26.43
During the past 13 years, Nihon M&A Center Holdings's highest Return-on-Tangible-Equity was 42.87%. The lowest was 18.81%. And the median was 26.21%.
NHMAF's Return-on-Tangible-Equity is ranked better than 81.74% of 783
companies
in the Capital Markets industry
Industry Median: 6.45
vs NHMAF: 26.43
Nihon M&A Center Holdings (OTCPK:NHMAF) 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.
Nihon M&A Center Holdings Return-on-Tangible-Equity Related Terms
Nihon M&A Center Holdings Return-on-Tangible-Equity Historical Data
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The historical data trend for Nihon M&A Center Holdings'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.
Nihon M&A Center Holdings Return-on-Tangible-Equity Chart
NHMAF vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, Nihon M&A Center Holdings'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.
Nihon M&A Center Holdings Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Nihon M&A Center Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nihon M&A Center Holdings'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 20.01% mean?
Nihon M&A Center Holdings (NHMAF) has a Return-on-Tangible-Equity of 20.01% 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 Nihon M&A Center Holdings and its competitors. This is 24% below median its historical median of 26.21. Over the past decade, Nihon M&A Center Holdings' Return-on-Tangible-Equity has ranged from 18.81 to 42.87. According to the industry distribution chart, Nihon M&A Center Holdings ranks #143 out of 783 companies in the Capital Markets industry, placing it in the top 18.3%.
Is Nihon M&A Center Holdings' Return-on-Tangible-Equity too high?
Nihon M&A Center Holdings' current Return-on-Tangible-Equity of 20.01% is 24% below median its 10-year median of 26.21. Over the past 10 years, this metric has ranged from a low of 18.81 to a high of 42.87. The Capital Markets industry median Return-on-Tangible-Equity is 6.45. Nihon M&A Center Holdings' value of 20.01% is 210.2% above this industry median. Based on the distribution chart, Nihon M&A Center Holdings ranks #143 out of 783 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Nihon M&A Center Holdings has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nihon M&A Center Holdings' Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Nihon M&A Center Holdings ranks #143 out of 783 companies for Return-on-Tangible-Equity. This places Nihon M&A Center Holdings in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.45. Nihon M&A Center Holdings' value of 20.01% is 210.2% above this benchmark. Historically, Nihon M&A Center Holdings' own Return-on-Tangible-Equity has ranged from 18.81 to 42.87 over the past decade. While the company's 10-year median is 26.21 vs. the industry median of 6.45, Nihon M&A Center Holdings 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 Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.45, based on 783 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. Nihon M&A Center Holdings's current Return-on-Tangible-Equity of 20.01% is 210.2% 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 Nihon M&A Center Holdings and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon M&A Center Holdings's current Return-on-Tangible-Equity is 20.01%, which is 24% below median its own 10-year median of 26.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon M&A Center Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nihon M&A Center Holdings (NHMAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.94, compared to a current price of $4.26 — trading 13.9% below its estimated fair value. The current Return-on-Tangible-Equity is 20.01%, which is 24% below median its 10-year median of 26.21 and 210.2% above the Capital Markets industry median of 6.45. Nihon M&A Center Holdings' overall GF Score™ is 87/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Nihon M&A Center Holdings (NHMAF), the current Return-on-Tangible-Equity is 20.01% 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 Nihon M&A Center Holdings (NHMAF) Overvalued in 2026?
Based on GuruFocus' analysis, Nihon M&A Center Holdings stock appears to be undervalued.
The current stock price of $4.26 is trading 13.9% below its estimated GF Value™ of $4.94.
GuruFocus considers Nihon M&A Center Holdings to be Modestly Undervalued.
Key valuation signals for NHMAF:
Return-on-Tangible-Equity: 20.01% (24% below median its 10-year median of 26.21)
GF Value™: $4.94 vs. price of $4.26 (13.9% below fair value)
Industry Position: 210.2% above the Capital Markets median (#143 of 783)
No single metric tells the full story. See the NHMAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nihon M&A Center Holdings Inc is a Japan-based company involved in the merger and acquisition brokerage business. It offers M & A intermediary, corporate assessment, management buyout support, restructuring aid, corporate advisory, capital planning policy and management, and consulting services. The company is also involved in the corporate assessment business, calculating the reference price of enterprise value.
87GF Score
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