Narasakingyo Co (TSE:8085) Return-on-Tangible-Equity: 11.53% (As of Mar. 2026) — 12% Above Median

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TSE:8085 Narasaki Sangyo Co Ltd TSE:8085
77 GF Score
Price 円4,130.00
GF Value 円3,428.72
Valuation Modestly Overvalued
View Full Analysis

What is Narasakingyo Co Return-on-Tangible-Equity?

Narasakingyo Co TSE:8085 77 Return-on-Tangible-Equity is 11.53% as of Mar. 2026, which is 12% above its 10-year median of 10.29. GuruFocus rates TSE:8085 with a GF Score™ of 77/100 and a GF Value™ of 円3,428.72 (Modestly Overvalued). Among 155 Industrial Distribution companies, Narasakingyo Co ranks worse than 53.55% 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. Narasakingyo Co's annualized net income for the quarter that ended in Mar. 2026 was 円3,198 Mil. Narasakingyo Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円27,729 Mil. Therefore, Narasakingyo Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.53%.

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

TSE:8085' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.16   Med: 10.29   Max: 13.06
Current: 8.26

During the past 13 years, Narasakingyo Co's highest Return-on-Tangible-Equity was 13.06%. The lowest was 8.16%. And the median was 10.29%.

TSE:8085's Return-on-Tangible-Equity is ranked worse than
53.55% of 155 companies
in the Industrial Distribution industry
Industry Median: 8.96 vs TSE:8085: 8.26

Narasakingyo Co  (TSE:8085) 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.


Narasakingyo Co Return-on-Tangible-Equity Related Terms


Narasakingyo Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Narasakingyo 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.

Narasakingyo Co Return-on-Tangible-Equity Chart

Narasakingyo Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.67 10.91 10.34 8.98 8.16

Narasakingyo Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 12.95 5.51 12.72 4.90 11.53

TSE:8085 vs GWW, FAST, FERG: Return-on-Tangible-Equity Comparison

For the Industrial Distribution subindustry, Narasakingyo 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.


Narasakingyo Co Return-on-Tangible-Equity vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Narasakingyo Co's Return-on-Tangible-Equity distribution charts can be found below:

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


TSE:8085
77GF Score
Narasaki Sangyo Co Ltd TSE:8085
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Narasakingyo Co Return-on-Tangible-Equity Calculation

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=2242/( (26004+28958 )/ 2 )
=2242/27481
=8.16 %

Narasakingyo Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=3198/( (26499+28958)/ 2 )
=3198/27728.5
=11.53 %

* 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 11.53% mean?
Narasakingyo Co (TSE:8085) has a Return-on-Tangible-Equity of 11.53% 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 Narasakingyo Co and its competitors. This is 12% above median its historical median of 10.29. Over the past decade, Narasakingyo Co's Return-on-Tangible-Equity has ranged from 8.16 to 13.06. According to the industry distribution chart, Narasakingyo Co ranks #83 out of 155 companies in the Industrial Distribution industry, placing it in the top 53.5%.
Is Narasakingyo Co's Return-on-Tangible-Equity too high?
Narasakingyo Co's current Return-on-Tangible-Equity of 11.53% is 12% above median its 10-year median of 10.29. Over the past 10 years, this metric has ranged from a low of 8.16 to a high of 13.06. The Industrial Distribution industry median Return-on-Tangible-Equity is 8.96. Narasakingyo Co's value of 11.53% is 28.7% above this industry median. Based on the distribution chart, Narasakingyo Co ranks #83 out of 155 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Narasakingyo Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Narasakingyo Co's Return-on-Tangible-Equity compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Narasakingyo Co ranks #83 out of 155 companies for Return-on-Tangible-Equity. This places Narasakingyo Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.96. Narasakingyo Co's value of 11.53% is 28.7% above this benchmark. Historically, Narasakingyo Co's own Return-on-Tangible-Equity has ranged from 8.16 to 13.06 over the past decade. While the company's 10-year median is 10.29 vs. the industry median of 8.96, Narasakingyo 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 Distribution company?
The median Return-on-Tangible-Equity among Industrial Distribution companies is 8.96, based on 155 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. Narasakingyo Co's current Return-on-Tangible-Equity of 11.53% is 28.7% 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 Narasakingyo Co and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Equity is 8.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Narasakingyo Co's current Return-on-Tangible-Equity is 11.53%, which is 12% above median its own 10-year median of 10.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Narasakingyo Co stock overvalued right now?
Based on GuruFocus' analysis, Narasakingyo Co (TSE:8085) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,428.72, compared to a current price of 円4,130.00 — trading 20.5% above its estimated fair value. The current Return-on-Tangible-Equity is 11.53%, which is 12% above median its 10-year median of 10.29 and 28.7% above the Industrial Distribution industry median of 8.96. Narasakingyo Co's overall GF Score™ is 77/100. 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 Narasakingyo Co (TSE:8085), the current Return-on-Tangible-Equity is 11.53% 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 Narasakingyo Co (TSE:8085) Overvalued in 2026?

Based on GuruFocus' analysis, Narasakingyo Co stock appears to be overvalued. The current stock price of 円4,130.00 is trading 20.5% above its estimated GF Value™ of 円3,428.72. GuruFocus considers Narasakingyo Co to be Modestly Overvalued.

Key valuation signals for TSE:8085:

  • Return-on-Tangible-Equity: 11.53% (12% above median its 10-year median of 10.29)
  • GF Value™: 円3,428.72 vs. price of 円4,130.00 (20.5% above fair value)
  • GF Score™: 77/100
  • Industry Position: 28.7% above the Industrial Distribution median (#83 of 155)

No single metric tells the full story. See the TSE:8085 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Narasakingyo Co Business Description

Address Presto 1.7 Buliduing, 7-1, Kitaichijo-Nishi, Chuo-ku, Sapporo, JPN, 060-0001
Narasaki Sangyo Co Ltd is primarily engaged in the sale of industrial equipment. The company operates principally in seven business divisions organized on the basis of product lines- Electric Machinery and Equipment, Building Equipment, FA And High-performance Materials, Industrial Equipment and Agricultural Implements, Construction Machinery, Construction Materials and Energy. The product range comprises factory automation components, optimal air conditioning and sanitation equipment, freezing and refrigerating equipment, elevators, power receiving/transforming facilities, and petroleum products to industry and households.
77GF Score

Get the complete analysis for TSE:8085

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

円4,130.00
Price
円3,428.72
GF Value