Nippon Crucible Co (TSE:5355) Return-on-Tangible-Equity: 9.55% (As of Mar. 2026) — 37% Above Median

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TSE:5355 Nippon Crucible Co Ltd TSE:5355
71 GF Score
Price 円681.00
GF Value 円646.58
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Nippon Crucible Co Return-on-Tangible-Equity?

Nippon Crucible Co TSE:5355 71 Return-on-Tangible-Equity is 9.55% as of Mar. 2026, which is 37% above its 10-year median of 6.97. GuruFocus rates TSE:5355 with a GF Score™ of 71/100 and a GF Value™ of 円646.58 (Fairly Valued). The stock has 3 warning signs investors should review. Among 552 Conglomerates companies, Nippon Crucible Co ranks better than 50% 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 Crucible Co's annualized net income for the quarter that ended in Mar. 2026 was 円560 Mil. Nippon Crucible Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円5,869 Mil. Therefore, Nippon Crucible Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.55%.

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

TSE:5355' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.5   Med: 6.97   Max: 9.93
Current: 7.49

During the past 13 years, Nippon Crucible Co's highest Return-on-Tangible-Equity was 9.93%. The lowest was 0.50%. And the median was 6.97%.

TSE:5355's Return-on-Tangible-Equity is ranked better than
50% of 552 companies
in the Conglomerates industry
Industry Median: 7.465 vs TSE:5355: 7.49

Nippon Crucible Co  (TSE:5355) 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 Crucible Co Return-on-Tangible-Equity Related Terms


Nippon Crucible Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Nippon Crucible 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.

Nippon Crucible Co Return-on-Tangible-Equity Chart

Nippon Crucible 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 4.48 0.50 5.69 6.71 7.51

Nippon Crucible 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 7.03 5.38 8.14 5.29 9.55

TSE:5355 vs HON, MMM: Return-on-Tangible-Equity Comparison

For the Conglomerates subindustry, Nippon Crucible 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 Crucible Co Return-on-Tangible-Equity vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nippon Crucible Co's Return-on-Tangible-Equity distribution charts can be found below:

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


TSE:5355
71GF Score
Nippon Crucible Co Ltd TSE:5355
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Crucible Co Return-on-Tangible-Equity Calculation

Nippon Crucible 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 )
=426.606/( (5346.476+6010.84 )/ 2 )
=426.606/5678.658
=7.51 %

Nippon Crucible 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 )
=560.368/( (5727.004+6010.84)/ 2 )
=560.368/5868.922
=9.55 %

* 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 9.55% mean?
Nippon Crucible Co (TSE:5355) has a Return-on-Tangible-Equity of 9.55% 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 Crucible Co and its competitors. This is 37% above median its historical median of 6.97. Over the past decade, Nippon Crucible Co's Return-on-Tangible-Equity has ranged from 0.50 to 9.93. According to the industry distribution chart, Nippon Crucible Co ranks #276 out of 552 companies in the Conglomerates industry, placing it in the top 50%.
Is Nippon Crucible Co's Return-on-Tangible-Equity too high?
Nippon Crucible Co's current Return-on-Tangible-Equity of 9.55% is 37% above median its 10-year median of 6.97. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 9.93. The Conglomerates industry median Return-on-Tangible-Equity is 7.47. Nippon Crucible Co's value of 9.55% is 27.9% above this industry median. Based on the distribution chart, Nippon Crucible Co ranks #276 out of 552 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Nippon Crucible Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Crucible Co's Return-on-Tangible-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, Nippon Crucible Co ranks #276 out of 552 companies for Return-on-Tangible-Equity. This puts Nippon Crucible Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.47. Nippon Crucible Co's value of 9.55% is 27.9% above this benchmark. Historically, Nippon Crucible Co's own Return-on-Tangible-Equity has ranged from 0.50 to 9.93 over the past decade. While the company's 10-year median is 6.97 vs. the industry median of 7.47, Nippon Crucible 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 Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.47, based on 552 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 Crucible Co's current Return-on-Tangible-Equity of 9.55% is 27.9% 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 Crucible Co and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Crucible Co's current Return-on-Tangible-Equity is 9.55%, which is 37% above median its own 10-year median of 6.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Crucible Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Crucible Co (TSE:5355) is currently considered Fairly Valued. The stock's GF Value™ is 円646.58, compared to a current price of 円681.00 — trading 5.3% above its estimated fair value. The current Return-on-Tangible-Equity is 9.55%, which is 37% above median its 10-year median of 6.97 and 27.9% above the Conglomerates industry median of 7.47. Nippon Crucible Co's overall GF Score™ is 71/100 with 3 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 Crucible Co (TSE:5355), the current Return-on-Tangible-Equity is 9.55% 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 Crucible Co (TSE:5355) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Crucible Co stock appears to be overvalued. The current stock price of 円681.00 is trading 5.3% above its estimated GF Value™ of 円646.58. GuruFocus considers Nippon Crucible Co to be Fairly Valued.

Key valuation signals for TSE:5355:

  • Return-on-Tangible-Equity: 9.55% (37% above median its 10-year median of 6.97)
  • GF Value™: 円646.58 vs. price of 円681.00 (5.3% above fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 27.9% above the Conglomerates median (#276 of 552)

No single metric tells the full story. See the TSE:5355 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Crucible Co Business Description

Address Ebisu NR Building, 1-21-3 Ebisu Shibuya-ku, Tokyo, JPN, 150-0013
Nippon Crucible Co Ltd manufactures graphite crucibles and refractories for steelmakers. The company is organized into four business segments - Refractories business, Engineering business, Overseas business, and Real Estate business. The Refractory segment is engaged in the manufacture and sale of graphite crucibles, shaped refractory and unshaped refractory. The Engineering segment is engaged in the design and construction of various industrial furnaces and incinerators. Overseas business is engaged in the import/export of refractory products and melting furnace equipment. The Real Estate segment is involved in the leasing of buildings and parking lots, and the operation of solar power generation business.
71GF Score

Get the complete analysis for TSE:5355

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

円681.00
Price
円646.58
GF Value