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Nikkiso CoTSE:6376 -1.04%72 Return-on-Tangible-Equity is 21.91% as of Dec. 2025, which is 23% above its 10-year median of 17.83. GuruFocus rates TSE:6376 with a GF Score™ of 72/100 and a GF Value™ of 円1,314.04 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,969 Industrial Products companies, Nikkiso Co ranks better than 70.53% 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. Nikkiso Co's annualized net income for the quarter that ended in Dec. 2025 was 円25,284 Mil. Nikkiso Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was 円115,387 Mil. Therefore, Nikkiso Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 21.91%.
The historical rank and industry rank for Nikkiso Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:6376'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.78 Med: 17.83 Max: 77.39
Current: 12.16
During the past 13 years, Nikkiso Co's highest Return-on-Tangible-Equity was 77.39%. The lowest was 0.78%. And the median was 17.83%.
TSE:6376's Return-on-Tangible-Equity is ranked better than 70.53% of 2969
companies
in the Industrial Products industry
Industry Median: 6.72
vs TSE:6376: 12.16
Nikkiso Co (TSE:6376) 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.
Nikkiso Co Return-on-Tangible-Equity Related Terms
Nikkiso Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Nikkiso 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:6376 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Nikkiso 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.
Nikkiso Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nikkiso Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nikkiso 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 (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 21.91% mean?
Nikkiso Co (TSE:6376) has a Return-on-Tangible-Equity of 21.91% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Nikkiso Co and its competitors. This is 23% above median its historical median of 17.83. Over the past decade, Nikkiso Co's Return-on-Tangible-Equity has ranged from 0.78 to 77.39. According to the industry distribution chart, Nikkiso Co ranks #875 out of 2969 companies in the Industrial Products industry, placing it in the top 29.5%.
Is Nikkiso Co's Return-on-Tangible-Equity too high?
Nikkiso Co's current Return-on-Tangible-Equity of 21.91% is 23% above median its 10-year median of 17.83. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 77.39. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Nikkiso Co's value of 21.91% is 226% above this industry median. Based on the distribution chart, Nikkiso Co ranks #875 out of 2969 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nikkiso Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nikkiso Co's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nikkiso Co ranks #875 out of 2969 companies for Return-on-Tangible-Equity. This puts Nikkiso Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.72. Nikkiso Co's value of 21.91% is 226% above this benchmark. Historically, Nikkiso Co's own Return-on-Tangible-Equity has ranged from 0.78 to 77.39 over the past decade. While the company's 10-year median is 17.83 vs. the industry median of 6.72, Nikkiso 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. Nikkiso Co's current Return-on-Tangible-Equity of 21.91% is 226% 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 Nikkiso 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. Nikkiso Co's current Return-on-Tangible-Equity is 21.91%, which is 23% above median its own 10-year median of 17.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikkiso Co stock overvalued right now?
Based on GuruFocus' analysis, Nikkiso Co (TSE:6376) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,314.04, compared to a current price of 円3,820.00 — trading 190.7% above its estimated fair value. The current Return-on-Tangible-Equity is 21.91%, which is 23% above median its 10-year median of 17.83 and 226% above the Industrial Products industry median of 6.72. Nikkiso Co's overall GF Score™ is 72/100 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 Nikkiso Co (TSE:6376), the current Return-on-Tangible-Equity is 21.91% as of Dec. 2025. 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 Nikkiso Co (TSE:6376) Overvalued in 2026?
Based on GuruFocus' analysis, Nikkiso Co stock appears to be overvalued.
The current stock price of 円3,820.00 is trading 190.7% above its estimated GF Value™ of 円1,314.04.
GuruFocus considers Nikkiso Co to be Significantly Overvalued.
Key valuation signals for TSE:6376:
Return-on-Tangible-Equity: 21.91% (23% above median its 10-year median of 17.83)
GF Value™: 円1,314.04 vs. price of 円3,820.00 (190.7% above fair value)
Industry Position: 226% above the Industrial Products median (#875 of 2969)
No single metric tells the full story. See the TSE:6376 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nikkiso Co Ltd is a Japan-based industrial company that operates through four divisions. The industrial division manufactures and distributes fluid equipment for process industries. The precision equipment business division manufactures and sells water conditioning systems, particle characterization instruments, multilayer ceramic electronic components production equipment, and systems. The aerospace division manufactures, distributes, and consults for carbon-fiber-reinforced plastic products. The medical division manufactures and sells hemodialysis machines, dialyzers, blood tubing sets, and other products. The company has a presence, with the majority of its sales coming from Japan, Asia excluding Japan, North America, and Europe.
72GF Score
Get the complete analysis for TSE:6376
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