Nihon Kogyo Co (TSE:5279) Return-on-Tangible-Equity: 12.48% (As of Mar. 2026) — 211% Above Median

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TSE:5279 Nihon Kogyo Co Ltd TSE:5279
67 GF Score
Price 円1,194.00
GF Value 円1,140.76
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Nihon Kogyo Co Return-on-Tangible-Equity?

Nihon Kogyo Co TSE:5279 -0.67% 67 Return-on-Tangible-Equity is 12.48% as of Mar. 2026, which is 211% above its 10-year median of 4.01. GuruFocus rates TSE:5279 with a GF Score™ of 67/100 and a GF Value™ of 円1,140.76 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,712 Construction companies, Nihon Kogyo Co ranks worse than 53.04% 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 Kogyo Co's annualized net income for the quarter that ended in Mar. 2026 was 円1,006 Mil. Nihon Kogyo Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円8,060 Mil. Therefore, Nihon Kogyo Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 12.48%.

The historical rank and industry rank for Nihon Kogyo Co's Return-on-Tangible-Equity or its related term are showing as below:

TSE:5279' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.69   Med: 4.01   Max: 7.28
Current: 7.28

During the past 13 years, Nihon Kogyo Co's highest Return-on-Tangible-Equity was 7.28%. The lowest was 1.69%. And the median was 4.01%.

TSE:5279's Return-on-Tangible-Equity is ranked worse than
53.04% of 1712 companies
in the Construction industry
Industry Median: 8.21 vs TSE:5279: 7.28

Nihon Kogyo Co  (TSE:5279) 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 Kogyo Co Return-on-Tangible-Equity Related Terms


Nihon Kogyo Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Nihon Kogyo 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.

Nihon Kogyo Co Return-on-Tangible-Equity Chart

Nihon Kogyo Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.94 2.82 4.07 5.20 7.18

Nihon Kogyo Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.22 -1.73 12.20 1.94 12.48

TSE:5279 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison

For the Engineering & Construction subindustry, Nihon Kogyo 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.


Nihon Kogyo Co Return-on-Tangible-Equity vs Construction Industry

For the Construction industry and Industrials sector, Nihon Kogyo Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Nihon Kogyo Co's Return-on-Tangible-Equity falls into.


TSE:5279
67GF Score
Nihon Kogyo Co Ltd TSE:5279
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nihon Kogyo Co Return-on-Tangible-Equity Calculation

Nihon Kogyo Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=577.907/( (7698.3+8397.606 )/ 2 )
=577.907/8047.953
=7.18 %

Nihon Kogyo Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=1006.026/( (7723.366+8397.606)/ 2 )
=1006.026/8060.486
=12.48 %

* 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 12.48% mean?
Nihon Kogyo Co (TSE:5279) has a Return-on-Tangible-Equity of 12.48% 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 Kogyo Co and its competitors. This is 211% above median its historical median of 4.01. Over the past decade, Nihon Kogyo Co's Return-on-Tangible-Equity has ranged from 1.69 to 7.28. According to the industry distribution chart, Nihon Kogyo Co ranks #908 out of 1712 companies in the Construction industry, placing it in the top 53%.
Is Nihon Kogyo Co's Return-on-Tangible-Equity too high?
Nihon Kogyo Co's current Return-on-Tangible-Equity of 12.48% is 211% above median its 10-year median of 4.01. Over the past 10 years, this metric has ranged from a low of 1.69 to a high of 7.28. The Construction industry median Return-on-Tangible-Equity is 8.21. Nihon Kogyo Co's value of 12.48% is 52% above this industry median. Based on the distribution chart, Nihon Kogyo Co ranks #908 out of 1712 companies in the Construction industry, which is below the industry midpoint. Overall, Nihon Kogyo Co has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nihon Kogyo Co's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Nihon Kogyo Co ranks #908 out of 1712 companies for Return-on-Tangible-Equity. This places Nihon Kogyo Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.21. Nihon Kogyo Co's value of 12.48% is 52% above this benchmark. Historically, Nihon Kogyo Co's own Return-on-Tangible-Equity has ranged from 1.69 to 7.28 over the past decade. While the company's 10-year median is 4.01 vs. the industry median of 8.21, Nihon Kogyo 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.21, based on 1,712 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 Kogyo Co's current Return-on-Tangible-Equity of 12.48% is 52% 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 Kogyo Co and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Kogyo Co's current Return-on-Tangible-Equity is 12.48%, which is 211% above median its own 10-year median of 4.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Kogyo Co (TSE:5279) is currently considered Fairly Valued. The stock's GF Value™ is 円1,140.76, compared to a current price of 円1,194.00 — trading 4.7% above its estimated fair value. The current Return-on-Tangible-Equity is 12.48%, which is 211% above median its 10-year median of 4.01 and 52% above the Construction industry median of 8.21. Nihon Kogyo Co's overall GF Score™ is 67/100 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 Kogyo Co (TSE:5279), the current Return-on-Tangible-Equity is 12.48% 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 Kogyo Co (TSE:5279) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon Kogyo Co stock appears to be overvalued. The current stock price of 円1,194.00 is trading 4.7% above its estimated GF Value™ of 円1,140.76. GuruFocus considers Nihon Kogyo Co to be Fairly Valued.

Key valuation signals for TSE:5279:

  • Return-on-Tangible-Equity: 12.48% (211% above median its 10-year median of 4.01)
  • GF Value™: 円1,140.76 vs. price of 円1,194.00 (4.7% above fair value)
  • GF Score™: 67/100 with 2 warning signs
  • Industry Position: 52% above the Construction median (#908 of 1712)

No single metric tells the full story. See the TSE:5279 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nihon Kogyo Co Business Description

Address 4614-13 Shido, Sanuki, JPN
Nihon Kogyo Co Ltd Is engaged in production and construction of construction concrete products, manufacture and sale of exterior products, manufacture and sale of products for public space, and civil works. The products of the company include pavement material, nail polish material, plants furniture, and disaster prevention items.
67GF Score

Get the complete analysis for TSE:5279

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,194.00
Price
円1,140.76
GF Value