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Nitto Fuji Flour Milling CoTSE:2003 -0.05%72 Return-on-Tangible-Equity is 8.88% as of Mar. 2026, which is 3% below its 10-year median of 9.11. GuruFocus rates TSE:2003 with a GF Score™ of 72/100 and a GF Value™ of 円1,718.00 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,880 Consumer Packaged Goods companies, Nitto Fuji Flour Milling Co ranks worse than 54.73% 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. Nitto Fuji Flour Milling Co's annualized net income for the quarter that ended in Mar. 2026 was 円4,354 Mil. Nitto Fuji Flour Milling Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円49,045 Mil. Therefore, Nitto Fuji Flour Milling Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.88%.
The historical rank and industry rank for Nitto Fuji Flour Milling Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:2003'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.13 Med: 9.11 Max: 10.22
Current: 6.77
During the past 13 years, Nitto Fuji Flour Milling Co's highest Return-on-Tangible-Equity was 10.22%. The lowest was 6.13%. And the median was 9.11%.
TSE:2003's Return-on-Tangible-Equity is ranked worse than 54.73% of 1880
companies
in the Consumer Packaged Goods industry
Industry Median: 7.845
vs TSE:2003: 6.77
Nitto Fuji Flour Milling Co (TSE:2003) 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.
Nitto Fuji Flour Milling Co Return-on-Tangible-Equity Related Terms
Nitto Fuji Flour Milling Co Return-on-Tangible-Equity Historical Data
* 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.
Nitto Fuji Flour Milling Co Return-on-Tangible-Equity Chart
TSE:2003 vs ADM, BG, TSN: Return-on-Tangible-Equity Comparison
For the Farm Products subindustry, Nitto Fuji Flour Milling 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.
Nitto Fuji Flour Milling Co Return-on-Tangible-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nitto Fuji Flour Milling Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nitto Fuji Flour Milling 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 two times the semi-annual (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 8.88% mean?
Nitto Fuji Flour Milling Co (TSE:2003) has a Return-on-Tangible-Equity of 8.88% 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 Nitto Fuji Flour Milling Co and its competitors. This is near median its historical median of 9.11. Over the past decade, Nitto Fuji Flour Milling Co's Return-on-Tangible-Equity has ranged from 6.13 to 10.22. According to the industry distribution chart, Nitto Fuji Flour Milling Co ranks #1029 out of 1880 companies in the Consumer Packaged Goods industry, placing it in the top 54.7%.
Is Nitto Fuji Flour Milling Co's Return-on-Tangible-Equity too high?
Nitto Fuji Flour Milling Co's current Return-on-Tangible-Equity of 8.88% is near median its 10-year median of 9.11. Over the past 10 years, this metric has ranged from a low of 6.13 to a high of 10.22. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.85. Nitto Fuji Flour Milling Co's value of 8.88% is 13.2% above this industry median. Based on the distribution chart, Nitto Fuji Flour Milling Co ranks #1029 out of 1880 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Nitto Fuji Flour Milling Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nitto Fuji Flour Milling Co's Return-on-Tangible-Equity compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Nitto Fuji Flour Milling Co ranks #1029 out of 1880 companies for Return-on-Tangible-Equity. This places Nitto Fuji Flour Milling Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.85. Nitto Fuji Flour Milling Co's value of 8.88% is 13.2% above this benchmark. Historically, Nitto Fuji Flour Milling Co's own Return-on-Tangible-Equity has ranged from 6.13 to 10.22 over the past decade. While the company's 10-year median is 9.11 vs. the industry median of 7.85, Nitto Fuji Flour Milling 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.85, based on 1,880 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. Nitto Fuji Flour Milling Co's current Return-on-Tangible-Equity of 8.88% is 13.2% 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 Nitto Fuji Flour Milling Co and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitto Fuji Flour Milling Co's current Return-on-Tangible-Equity is 8.88%, which is near median its own 10-year median of 9.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitto Fuji Flour Milling Co stock overvalued right now?
Based on GuruFocus' analysis, Nitto Fuji Flour Milling Co (TSE:2003) is currently considered Fairly Valued. The stock's GF Value™ is 円1,718.00, compared to a current price of 円1,821.00 — trading 6% above its estimated fair value. The current Return-on-Tangible-Equity is 8.88%, which is near median its 10-year median of 9.11 and 13.2% above the Consumer Packaged Goods industry median of 7.85. Nitto Fuji Flour Milling Co's overall GF Score™ is 72/100 with 8 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 Nitto Fuji Flour Milling Co (TSE:2003), the current Return-on-Tangible-Equity is 8.88% 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 Nitto Fuji Flour Milling Co (TSE:2003) Overvalued in 2026?
Based on GuruFocus' analysis, Nitto Fuji Flour Milling Co stock appears to be overvalued.
The current stock price of 円1,821.00 is trading 6% above its estimated GF Value™ of 円1,718.00.
GuruFocus considers Nitto Fuji Flour Milling Co to be Fairly Valued.
Key valuation signals for TSE:2003:
Return-on-Tangible-Equity: 8.88% (near median its 10-year median of 9.11)
GF Value™: 円1,718.00 vs. price of 円1,821.00 (6% above fair value)
Industry Position: 13.2% above the Consumer Packaged Goods median (#1029 of 1880)
No single metric tells the full story. See the TSE:2003 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitto Fuji Flour Milling Co Ltd is engaged in the manufacture and sale of wheat flour and bran. The company is also involved in warehousing business and designing and installation of machines and equipment.
72GF Score
Get the complete analysis for TSE:2003
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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