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.
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.
Nansin CoTSE:7399 +0.67%69 Return-on-Tangible-Equity is 4.55% as of Mar. 2026, which is 17% above its 10-year median of 3.90. GuruFocus rates TSE:7399 with a GF Score™ of 69/100 and a GF Value™ of 円572.19 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,972 Industrial Products companies, Nansin Co ranks worse than 69.52% 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. Nansin Co's annualized net income for the quarter that ended in Mar. 2026 was 円538 Mil. Nansin Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円11,815 Mil. Therefore, Nansin Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.55%.
The historical rank and industry rank for Nansin Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:7399'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.39 Med: 3.9 Max: 8.52
Current: 1.98
During the past 13 years, Nansin Co's highest Return-on-Tangible-Equity was 8.52%. The lowest was 1.39%. And the median was 3.90%.
TSE:7399's Return-on-Tangible-Equity is ranked worse than 69.52% of 2972
companies
in the Industrial Products industry
Industry Median: 6.72
vs TSE:7399: 1.98
Nansin Co (TSE:7399) 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.
Nansin Co Return-on-Tangible-Equity Related Terms
Nansin Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Nansin 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:7399 vs SNA, RBC, LECO: Return-on-Tangible-Equity Comparison
For the Tools & Accessories subindustry, Nansin 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.
Nansin Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nansin Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nansin 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 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 4.55% mean?
Nansin Co (TSE:7399) has a Return-on-Tangible-Equity of 4.55% 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 Nansin Co and its competitors. This is 17% above median its historical median of 3.90. Over the past decade, Nansin Co's Return-on-Tangible-Equity has ranged from 1.39 to 8.52. According to the industry distribution chart, Nansin Co ranks #2066 out of 2972 companies in the Industrial Products industry, placing it in the top 69.5%.
Is Nansin Co's Return-on-Tangible-Equity too high?
Nansin Co's current Return-on-Tangible-Equity of 4.55% is 17% above median its 10-year median of 3.90. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 8.52. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Nansin Co's value of 4.55% is 32.3% below this industry median. Based on the distribution chart, Nansin Co ranks #2066 out of 2972 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Nansin Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nansin Co's Return-on-Tangible-Equity compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Nansin Co ranks #2066 out of 2972 companies for Return-on-Tangible-Equity. This places Nansin Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.72. Nansin Co's value of 4.55% is 32.3% below this benchmark. Historically, Nansin Co's own Return-on-Tangible-Equity has ranged from 1.39 to 8.52 over the past decade. While the company's 10-year median is 3.90 vs. the industry median of 6.72, Nansin Co has consistently been below 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 2,972 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. Nansin Co's current Return-on-Tangible-Equity of 4.55% is 32.3% below 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 Nansin 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. Nansin Co's current Return-on-Tangible-Equity is 4.55%, which is 17% above median its own 10-year median of 3.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nansin Co stock overvalued right now?
Based on GuruFocus' analysis, Nansin Co (TSE:7399) is currently considered Fairly Valued. The stock's GF Value™ is 円572.19, compared to a current price of 円597.00 — trading 4.3% above its estimated fair value. The current Return-on-Tangible-Equity is 4.55%, which is 17% above median its 10-year median of 3.90 and 32.3% below the Industrial Products industry median of 6.72. Nansin Co's overall GF Score™ is 69/100 with 7 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 Nansin Co (TSE:7399), the current Return-on-Tangible-Equity is 4.55% 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 Nansin Co (TSE:7399) Overvalued in 2026?
Based on GuruFocus' analysis, Nansin Co stock appears to be overvalued.
The current stock price of 円597.00 is trading 4.3% above its estimated GF Value™ of 円572.19.
GuruFocus considers Nansin Co to be Fairly Valued.
Key valuation signals for TSE:7399:
Return-on-Tangible-Equity: 4.55% (17% above median its 10-year median of 3.90)
GF Value™: 円572.19 vs. price of 円597.00 (4.3% above fair value)
Industry Position: 32.3% below the Industrial Products median (#2066 of 2972)
No single metric tells the full story. See the TSE:7399 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nansin Co Ltd is a Japan based company engaged in the business of manufacturing and selling casters and related products. The product portfolio of the company includes casters, material handling equipment, rubber and plastic products, die-casting products, and molded products. It offers caster products covering different types such as general caster, industrial caster, medical caster, heavy duty caster, stem caster and towing caster, among others.
69GF Score
Get the complete analysis for TSE:7399
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:7399 has been successfully added to your 
