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Nishio Holdings CoTSE:9699 -1.09%82 Return-on-Tangible-Equity is 19.34% as of Mar. 2026, which is 110% above its 10-year median of 9.22. GuruFocus rates TSE:9699 with a GF Score™ of 82/100 and a GF Value™ of 円4,876.38 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,009 Business Services companies, Nishio Holdings Co ranks better than 51.73% 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. Nishio Holdings Co's annualized net income for the quarter that ended in Mar. 2026 was 円26,892 Mil. Nishio Holdings Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円139,029 Mil. Therefore, Nishio Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 19.34%.
The historical rank and industry rank for Nishio Holdings Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:9699'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.87 Med: 9.22 Max: 11.71
Current: 11.1
During the past 13 years, Nishio Holdings Co's highest Return-on-Tangible-Equity was 11.71%. The lowest was 6.87%. And the median was 9.22%.
TSE:9699's Return-on-Tangible-Equity is ranked better than 51.73% of 1009
companies
in the Business Services industry
Industry Median: 10.61
vs TSE:9699: 11.10
Nishio Holdings Co (TSE:9699) 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.
Nishio Holdings Co Return-on-Tangible-Equity Related Terms
Nishio Holdings Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Nishio Holdings 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.
Nishio Holdings Co Return-on-Tangible-Equity Chart
TSE:9699 vs URI, SUNB, AER: Return-on-Tangible-Equity Comparison
For the Rental & Leasing Services subindustry, Nishio Holdings 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.
Nishio Holdings Co Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Nishio Holdings Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nishio Holdings 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 19.34% mean?
Nishio Holdings Co (TSE:9699) has a Return-on-Tangible-Equity of 19.34% 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 Nishio Holdings Co and its competitors. This is 110% above median its historical median of 9.22. Over the past decade, Nishio Holdings Co's Return-on-Tangible-Equity has ranged from 6.87 to 11.71. According to the industry distribution chart, Nishio Holdings Co ranks #487 out of 1009 companies in the Business Services industry, placing it in the top 48.3%.
Is Nishio Holdings Co's Return-on-Tangible-Equity too high?
Nishio Holdings Co's current Return-on-Tangible-Equity of 19.34% is 110% above median its 10-year median of 9.22. Over the past 10 years, this metric has ranged from a low of 6.87 to a high of 11.71. The Business Services industry median Return-on-Tangible-Equity is 10.61. Nishio Holdings Co's value of 19.34% is 82.3% above this industry median. Based on the distribution chart, Nishio Holdings Co ranks #487 out of 1009 companies in the Business Services industry, which is above the industry midpoint. Overall, Nishio Holdings Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nishio Holdings Co's Return-on-Tangible-Equity compare to URI and SUNB?
According to the Business Services industry distribution chart, Nishio Holdings Co ranks #487 out of 1009 companies for Return-on-Tangible-Equity. This puts Nishio Holdings Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.61. Nishio Holdings Co's value of 19.34% is 82.3% above this benchmark. Historically, Nishio Holdings Co's own Return-on-Tangible-Equity has ranged from 6.87 to 11.71 over the past decade. While the company's 10-year median is 9.22 vs. the industry median of 10.61, Nishio Holdings 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 a Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.61, based on 1,009 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. Nishio Holdings Co's current Return-on-Tangible-Equity of 19.34% is 82.3% 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 Nishio Holdings Co and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nishio Holdings Co's current Return-on-Tangible-Equity is 19.34%, which is 110% above median its own 10-year median of 9.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nishio Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nishio Holdings Co (TSE:9699) is currently considered Modestly Undervalued. The stock's GF Value™ is 円4,876.38, compared to a current price of 円4,070.00 — trading 16.5% below its estimated fair value. The current Return-on-Tangible-Equity is 19.34%, which is 110% above median its 10-year median of 9.22 and 82.3% above the Business Services industry median of 10.61. Nishio Holdings Co's overall GF Score™ is 82/100 with 1 warning sign 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 Nishio Holdings Co (TSE:9699), the current Return-on-Tangible-Equity is 19.34% 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 Nishio Holdings Co (TSE:9699) Overvalued in 2026?
Based on GuruFocus' analysis, Nishio Holdings Co stock appears to be undervalued.
The current stock price of 円4,070.00 is trading 16.5% below its estimated GF Value™ of 円4,876.38.
GuruFocus considers Nishio Holdings Co to be Modestly Undervalued.
Key valuation signals for TSE:9699:
Return-on-Tangible-Equity: 19.34% (110% above median its 10-year median of 9.22)
GF Value™: 円4,876.38 vs. price of 円4,070.00 (16.5% below fair value)
Industry Position: 82.3% above the Business Services median (#487 of 1009)
No single metric tells the full story. See the TSE:9699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nishio Holdings Co Ltd is a provider of rental construction and industrial machinery. The company offers rental solutions for construction and industrial machinery, mounting and tunnelling machines for mining operations, and water purification and recycling equipment. The company, through its subsidiaries, also designs, manufactures, and repairs tunnelling machines and other special vehicles, such as special transfer locomotives and battery-driven vehicles at construction sites. The company operates in Asia.
82GF Score
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