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Nippon Yakin kogyo CoTSE:5480 -1.40%78 Return-on-Tangible-Equity is 7.12% as of Mar. 2026, which is 43% below its 10-year median of 12.40. GuruFocus rates TSE:5480 with a GF Score™ of 78/100 and a GF Value™ of 円3,990.38 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 615 Steel companies, Nippon Yakin kogyo Co ranks better than 66.67% 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 Yakin kogyo Co's annualized net income for the quarter that ended in Mar. 2026 was 円6,928 Mil. Nippon Yakin kogyo Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円97,264 Mil. Therefore, Nippon Yakin kogyo Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.12%.
The historical rank and industry rank for Nippon Yakin kogyo Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:5480'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.89 Med: 12.4 Max: 28.84
Current: 7.57
During the past 13 years, Nippon Yakin kogyo Co's highest Return-on-Tangible-Equity was 28.84%. The lowest was 6.89%. And the median was 12.40%.
TSE:5480's Return-on-Tangible-Equity is ranked better than 66.67% of 615
companies
in the Steel industry
Industry Median: 4.05
vs TSE:5480: 7.57
Nippon Yakin kogyo Co (TSE:5480) 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 Yakin kogyo Co Return-on-Tangible-Equity Related Terms
Nippon Yakin kogyo Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Nippon Yakin 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.
Nippon Yakin kogyo Co Return-on-Tangible-Equity Chart
TSE:5480 vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Nippon Yakin 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.
Nippon Yakin kogyo Co Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Nippon Yakin kogyo Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nippon Yakin kogyo 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 7.12% mean?
Nippon Yakin kogyo Co (TSE:5480) has a Return-on-Tangible-Equity of 7.12% 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 Yakin kogyo Co and its competitors. This is 43% below median its historical median of 12.40. Over the past decade, Nippon Yakin kogyo Co's Return-on-Tangible-Equity has ranged from 6.89 to 28.84. According to the industry distribution chart, Nippon Yakin kogyo Co ranks #205 out of 615 companies in the Steel industry, placing it in the top 33.3%.
Is Nippon Yakin kogyo Co's Return-on-Tangible-Equity too high?
Nippon Yakin kogyo Co's current Return-on-Tangible-Equity of 7.12% is 43% below median its 10-year median of 12.40. Over the past 10 years, this metric has ranged from a low of 6.89 to a high of 28.84. The Steel industry median Return-on-Tangible-Equity is 4.05. Nippon Yakin kogyo Co's value of 7.12% is 75.8% above this industry median. Based on the distribution chart, Nippon Yakin kogyo Co ranks #205 out of 615 companies in the Steel industry, which is above the industry midpoint. Overall, Nippon Yakin kogyo Co has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Yakin kogyo Co's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Nippon Yakin kogyo Co ranks #205 out of 615 companies for Return-on-Tangible-Equity. This puts Nippon Yakin kogyo Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.05. Nippon Yakin kogyo Co's value of 7.12% is 75.8% above this benchmark. Historically, Nippon Yakin kogyo Co's own Return-on-Tangible-Equity has ranged from 6.89 to 28.84 over the past decade. While the company's 10-year median is 12.40 vs. the industry median of 4.05, Nippon Yakin 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 4.05, based on 615 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 Yakin kogyo Co's current Return-on-Tangible-Equity of 7.12% is 75.8% 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 Yakin kogyo Co and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Yakin kogyo Co's current Return-on-Tangible-Equity is 7.12%, which is 43% below median its own 10-year median of 12.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Yakin kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Yakin kogyo Co (TSE:5480) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,990.38, compared to a current price of 円4,930.00 — trading 23.5% above its estimated fair value. The current Return-on-Tangible-Equity is 7.12%, which is 43% below median its 10-year median of 12.40 and 75.8% above the Steel industry median of 4.05. Nippon Yakin kogyo Co's overall GF Score™ is 78/100 with 6 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 Yakin kogyo Co (TSE:5480), the current Return-on-Tangible-Equity is 7.12% 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 Yakin kogyo Co (TSE:5480) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Yakin kogyo Co stock appears to be overvalued.
The current stock price of 円4,930.00 is trading 23.5% above its estimated GF Value™ of 円3,990.38.
GuruFocus considers Nippon Yakin kogyo Co to be Modestly Overvalued.
Key valuation signals for TSE:5480:
Return-on-Tangible-Equity: 7.12% (43% below median its 10-year median of 12.40)
GF Value™: 円3,990.38 vs. price of 円4,930.00 (23.5% above fair value)
Industry Position: 75.8% above the Steel median (#205 of 615)
No single metric tells the full story. See the TSE:5480 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Yakin kogyo Co Ltd engages in the manufacture and sale of stainless steel, specialty steel, and processed stainless steel products. Its products include stainless and heat-resistant steel plates, soft magnetic alloys, non-magnetic alloys, strips, bars, pipes, and forgings; ferro nickel and high nickel steel alloy; NAS coat for roofs, checker plate, angle, flat bar, and processed stainless steel products.
78GF Score
Get the complete analysis for TSE:5480
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