Nissen (TSE:6543) Return-on-Tangible-Equity: 28.77% (As of Feb. 2026) — 239% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6543 Nissen Inc TSE:6543
79 GF Score
Price 円1,177.00
GF Value 円810.05
Valuation Significantly Overvalued
View Full Analysis

What is Nissen Return-on-Tangible-Equity?

Nissen TSE:6543 -0.25% 79 Return-on-Tangible-Equity is 28.77% as of Feb. 2026, which is 239% above its 10-year median of 8.49. GuruFocus rates TSE:6543 with a GF Score™ of 79/100 and a GF Value™ of 円810.05 (Significantly Overvalued). Among 863 Media - Diversified companies, Nissen ranks better than 74.86% 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. Nissen's annualized net income for the quarter that ended in Feb. 2026 was 円997 Mil. Nissen's average shareholder tangible equity for the quarter that ended in Feb. 2026 was 円3,465 Mil. Therefore, Nissen's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was 28.77%.

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

TSE:6543' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.47   Med: 8.49   Max: 28.76
Current: 19.9

During the past 12 years, Nissen's highest Return-on-Tangible-Equity was 28.76%. The lowest was 6.47%. And the median was 8.49%.

TSE:6543's Return-on-Tangible-Equity is ranked better than
74.86% of 863 companies
in the Media - Diversified industry
Industry Median: 5.46 vs TSE:6543: 19.90

Nissen  (TSE:6543) 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.


Nissen Return-on-Tangible-Equity Related Terms


Nissen Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Nissen'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.

Nissen Return-on-Tangible-Equity Chart

Nissen Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.71 8.08 6.47 8.26 19.54

Nissen Semi-Annual Data
Feb16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 9.96 5.16 11.37 10.47 28.77

TSE:6543 vs APP, OMC, TTD: Return-on-Tangible-Equity Comparison

For the Advertising Agencies subindustry, Nissen'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.


Nissen Return-on-Tangible-Equity vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nissen's Return-on-Tangible-Equity distribution charts can be found below:

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


TSE:6543
79GF Score
Nissen Inc TSE:6543
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nissen Return-on-Tangible-Equity Calculation

Nissen's annualized Return-on-Tangible-Equity for the fiscal year that ended in Feb. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=662.459/( (3058.988+3721.036 )/ 2 )
=662.459/3390.012
=19.54 %

Nissen's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=996.662/( (3208.625+3721.036)/ 2 )
=996.662/3464.8305
=28.77 %

* 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 (Feb. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 28.77% mean?
Nissen (TSE:6543) has a Return-on-Tangible-Equity of 28.77% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Nissen and its competitors. This is 239% above median its historical median of 8.49. Over the past decade, Nissen's Return-on-Tangible-Equity has ranged from 6.47 to 28.76. According to the industry distribution chart, Nissen ranks #217 out of 863 companies in the Media - Diversified industry, placing it in the top 25.1%.
Is Nissen's Return-on-Tangible-Equity too high?
Nissen's current Return-on-Tangible-Equity of 28.77% is 239% above median its 10-year median of 8.49. Over the past 10 years, this metric has ranged from a low of 6.47 to a high of 28.76. The Media - Diversified industry median Return-on-Tangible-Equity is 5.46. Nissen's value of 28.77% is 426.9% above this industry median. Based on the distribution chart, Nissen ranks #217 out of 863 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Nissen has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nissen's Return-on-Tangible-Equity compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Nissen ranks #217 out of 863 companies for Return-on-Tangible-Equity. This puts Nissen in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.46. Nissen's value of 28.77% is 426.9% above this benchmark. Historically, Nissen's own Return-on-Tangible-Equity has ranged from 6.47 to 28.76 over the past decade. While the company's 10-year median is 8.49 vs. the industry median of 5.46, Nissen 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 Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.46, based on 863 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. Nissen's current Return-on-Tangible-Equity of 28.77% is 426.9% 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 Nissen and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nissen's current Return-on-Tangible-Equity is 28.77%, which is 239% above median its own 10-year median of 8.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissen stock overvalued right now?
Based on GuruFocus' analysis, Nissen (TSE:6543) is currently considered Significantly Overvalued. The stock's GF Value™ is 円810.05, compared to a current price of 円1,177.00 — trading 45.3% above its estimated fair value. The current Return-on-Tangible-Equity is 28.77%, which is 239% above median its 10-year median of 8.49 and 426.9% above the Media - Diversified industry median of 5.46. Nissen's overall GF Score™ is 79/100. 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 Nissen (TSE:6543), the current Return-on-Tangible-Equity is 28.77% as of Feb. 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 Nissen (TSE:6543) Overvalued in 2026?

Based on GuruFocus' analysis, Nissen stock appears to be overvalued. The current stock price of 円1,177.00 is trading 45.3% above its estimated GF Value™ of 円810.05. GuruFocus considers Nissen to be Significantly Overvalued.

Key valuation signals for TSE:6543:

  • Return-on-Tangible-Equity: 28.77% (239% above median its 10-year median of 8.49)
  • GF Value™: 円810.05 vs. price of 円1,177.00 (45.3% above fair value)
  • GF Score™: 79/100
  • Industry Position: 426.9% above the Media - Diversified median (#217 of 863)

No single metric tells the full story. See the TSE:6543 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nissen Business Description

Address 2-6-5 Kandaji-cho, Chiyoda-ku, Nissen Kanda 2nd Building, Tokyo, JPN, 101-0048
Nissen Inc is an advertising and marketing company. It provides services including graphic design, copywriting, talent casting, telemarketing, media production, and other marketing services. It also has a media publishing and printing business and a telemarketing business.
79GF Score

Get the complete analysis for TSE:6543

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

円1,177.00
Price
円810.05
GF Value