Nippon Ceramic CoNPPRF 95 Return-on-Tangible-Equity is 11.54% as of Mar. 2026, which is 98% above its 10-year median of 5.84. GuruFocus rates NPPRF with a GF Score™ of 95/100 and a GF Value™ of $14.49. The stock has 1 warning sign investors should review. Among 2,381 Hardware companies, Nippon Ceramic Co ranks better than 80.26% 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 Ceramic Co's annualized net income for the quarter that ended in Mar. 2026 was $33.4 Mil. Nippon Ceramic Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $289.4 Mil. Therefore, Nippon Ceramic Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.54%.
The historical rank and industry rank for Nippon Ceramic Co's Return-on-Tangible-Equity or its related term are showing as below:
NPPRF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.39 Med: 5.84 Max: 15.87
Current: 15.87
During the past 13 years, Nippon Ceramic Co's highest Return-on-Tangible-Equity was 15.87%. The lowest was 4.39%. And the median was 5.84%.
NPPRF's Return-on-Tangible-Equity is ranked better than 80.26% of 2381
companies
in the Hardware industry
Industry Median: 5.23
vs NPPRF: 15.87
Nippon Ceramic Co (OTCPK:NPPRF) 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 Ceramic Co Return-on-Tangible-Equity Related Terms
Nippon Ceramic Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Nippon Ceramic 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.
NPPRF vs APH, GLW: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Nippon Ceramic 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 Ceramic Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Nippon Ceramic Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nippon Ceramic 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 11.54% mean?
Nippon Ceramic Co (NPPRF) has a Return-on-Tangible-Equity of 11.54% 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 Nippon Ceramic Co and its competitors. This is 98% above median its historical median of 5.84. Over the past decade, Nippon Ceramic Co's Return-on-Tangible-Equity has ranged from 4.39 to 15.87. According to the industry distribution chart, Nippon Ceramic Co ranks #470 out of 2381 companies in the Hardware industry, placing it in the top 19.7%.
Is Nippon Ceramic Co's Return-on-Tangible-Equity too high?
Nippon Ceramic Co's current Return-on-Tangible-Equity of 11.54% is 98% above median its 10-year median of 5.84. Over the past 10 years, this metric has ranged from a low of 4.39 to a high of 15.87. The Hardware industry median Return-on-Tangible-Equity is 5.23. Nippon Ceramic Co's value of 11.54% is 120.7% above this industry median. Based on the distribution chart, Nippon Ceramic Co ranks #470 out of 2381 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Nippon Ceramic Co has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Ceramic Co's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Nippon Ceramic Co ranks #470 out of 2381 companies for Return-on-Tangible-Equity. This places Nippon Ceramic Co in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.23. Nippon Ceramic Co's value of 11.54% is 120.7% above this benchmark. Historically, Nippon Ceramic Co's own Return-on-Tangible-Equity has ranged from 4.39 to 15.87 over the past decade. While the company's 10-year median is 5.84 vs. the industry median of 5.23, Nippon Ceramic 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.23, based on 2,381 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 Ceramic Co's current Return-on-Tangible-Equity of 11.54% is 120.7% 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 Nippon Ceramic Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Ceramic Co's current Return-on-Tangible-Equity is 11.54%, which is 98% above median its own 10-year median of 5.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Ceramic Co stock overvalued right now?
Nippon Ceramic Co (NPPRF) has a current Return-on-Tangible-Equity of 11.54%. The stock's GF Value™ is $14.49, compared to a current price of $16.40 — trading 13.2% above its estimated fair value. The current Return-on-Tangible-Equity is 11.54%, which is 98% above median its 10-year median of 5.84 and 120.7% above the Hardware industry median of 5.23. Nippon Ceramic Co's overall GF Score™ is 95/100 with 1 warning sign 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 Ceramic Co (NPPRF), the current Return-on-Tangible-Equity is 11.54% 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 Nippon Ceramic Co (NPPRF) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Ceramic Co stock appears to be overvalued.
The current stock price of $16.40 is trading 13.2% above its estimated GF Value™ of $14.49.
Key valuation signals for NPPRF:
Return-on-Tangible-Equity: 11.54% (98% above median its 10-year median of 5.84)
GF Value™: $14.49 vs. price of $16.40 (13.2% above fair value)
Industry Position: 120.7% above the Hardware median (#470 of 2381)
No single metric tells the full story. See the NPPRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Ceramic Co Ltd is a Japan based company engaged in development, manufacturing and sale of ceramic sensors, ferrite, module and others. Its products are applicable for household equipment and plant facilities; automobiles; home electronics and office automation equipment; and electronics. Its Household equipment & plant faculties include lighting, sensor, security system, fire detection sensor etc. In automobile industry its products are applicable in sensor, DC- DC Converter, charging & discharging battery etc. Its products in home electronics include Microwave, airconditioner and IH cooker. Under electronics industry its products are power supplies, fan motors, inverters.
95GF Score
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