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Nittoku CoTSE:6145 -5.31%92 Return-on-Tangible-Equity is 9.43% as of Mar. 2026, which is 28% above its 10-year median of 7.39. GuruFocus rates TSE:6145 with a GF Score™ of 92/100 and a GF Value™ of 円2,854.23 (Modestly Undervalued). Among 2,969 Industrial Products companies, Nittoku Co ranks better than 60.29% 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. Nittoku Co's annualized net income for the quarter that ended in Mar. 2026 was 円3,716 Mil. Nittoku Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円39,412 Mil. Therefore, Nittoku Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.43%.
The historical rank and industry rank for Nittoku Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:6145'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.48 Med: 7.39 Max: 13.12
Current: 9.14
During the past 13 years, Nittoku Co's highest Return-on-Tangible-Equity was 13.12%. The lowest was 3.48%. And the median was 7.39%.
TSE:6145's Return-on-Tangible-Equity is ranked better than 60.29% of 2969
companies
in the Industrial Products industry
Industry Median: 6.72
vs TSE:6145: 9.14
Nittoku Co (TSE:6145) 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.
Nittoku Co Return-on-Tangible-Equity Related Terms
Nittoku Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Nittoku 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.
TSE:6145 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Nittoku 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.
Nittoku Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nittoku Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nittoku 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 9.43% mean?
Nittoku Co (TSE:6145) has a Return-on-Tangible-Equity of 9.43% 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 Nittoku Co and its competitors. This is 28% above median its historical median of 7.39. Over the past decade, Nittoku Co's Return-on-Tangible-Equity has ranged from 3.48 to 13.12. According to the industry distribution chart, Nittoku Co ranks #1179 out of 2969 companies in the Industrial Products industry, placing it in the top 39.7%.
Is Nittoku Co's Return-on-Tangible-Equity too high?
Nittoku Co's current Return-on-Tangible-Equity of 9.43% is 28% above median its 10-year median of 7.39. Over the past 10 years, this metric has ranged from a low of 3.48 to a high of 13.12. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Nittoku Co's value of 9.43% is 40.3% above this industry median. Based on the distribution chart, Nittoku Co ranks #1179 out of 2969 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nittoku Co has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nittoku Co's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nittoku Co ranks #1179 out of 2969 companies for Return-on-Tangible-Equity. This puts Nittoku Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.72. Nittoku Co's value of 9.43% is 40.3% above this benchmark. Historically, Nittoku Co's own Return-on-Tangible-Equity has ranged from 3.48 to 13.12 over the past decade. While the company's 10-year median is 7.39 vs. the industry median of 6.72, Nittoku 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,969 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. Nittoku Co's current Return-on-Tangible-Equity of 9.43% is 40.3% 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 Nittoku Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nittoku Co's current Return-on-Tangible-Equity is 9.43%, which is 28% above median its own 10-year median of 7.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nittoku Co stock overvalued right now?
Based on GuruFocus' analysis, Nittoku Co (TSE:6145) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,854.23, compared to a current price of 円2,567.00 — trading 10.1% below its estimated fair value. The current Return-on-Tangible-Equity is 9.43%, which is 28% above median its 10-year median of 7.39 and 40.3% above the Industrial Products industry median of 6.72. Nittoku Co's overall GF Score™ is 92/100. 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 Nittoku Co (TSE:6145), the current Return-on-Tangible-Equity is 9.43% 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 Nittoku Co (TSE:6145) Overvalued in 2026?
Based on GuruFocus' analysis, Nittoku Co stock appears to be undervalued.
The current stock price of 円2,567.00 is trading 10.1% below its estimated GF Value™ of 円2,854.23.
GuruFocus considers Nittoku Co to be Modestly Undervalued.
Key valuation signals for TSE:6145:
Return-on-Tangible-Equity: 9.43% (28% above median its 10-year median of 7.39)
GF Value™: 円2,854.23 vs. price of 円2,567.00 (10.1% below fair value)
Industry Position: 40.3% above the Industrial Products median (#1179 of 2969)
No single metric tells the full story. See the TSE:6145 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nittoku Co Ltd is a Japan-based company engaged in the manufacturing and sale of coil winding machines and peripheral systems. It also engaged in the factory automation systems and contactless smart cards and parts thereof. The product portfolio of the company includes Relay, Injector coil, Pick up coil, Bobbinless coil, and IC Card among others. The company operates in two reportable segments are the NICS business and the contactless IC tag and card business.
92GF Score
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