Nagase Brothers (TSE:9733) Return-on-Tangible-Equity: 16.59% (As of Mar. 2026) — Near Median


TSE:9733 Nagase Brothers Inc TSE:9733
83 GF Score
Price 円2,372.00
GF Value 円2,340.69
Valuation Fairly Valued
! 5 Warning Signs
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What is Nagase Brothers Return-on-Tangible-Equity?

Nagase Brothers TSE:9733 -0.59% 83 Return-on-Tangible-Equity is 16.59% as of Mar. 2026, which is 2% above its 10-year median of 16.19. GuruFocus rates TSE:9733 with a GF Score™ of 83/100 and a GF Value™ of 円2,340.69 (Fairly Valued). The stock has 5 warning signs investors should review. Among 246 Education companies, Nagase Brothers ranks better than 55.69% 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. Nagase Brothers's annualized net income for the quarter that ended in Mar. 2026 was 円4,878 Mil. Nagase Brothers's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円29,399 Mil. Therefore, Nagase Brothers's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.59%.

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

TSE:9733' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.64   Med: 16.19   Max: 20.03
Current: 14.31

During the past 13 years, Nagase Brothers's highest Return-on-Tangible-Equity was 20.03%. The lowest was 6.64%. And the median was 16.19%.

TSE:9733's Return-on-Tangible-Equity is ranked better than
55.69% of 246 companies
in the Education industry
Industry Median: 11.395 vs TSE:9733: 14.31

Nagase Brothers  (TSE:9733) 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.


Nagase Brothers Return-on-Tangible-Equity Related Terms


Nagase Brothers Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Nagase Brothers'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.

Nagase Brothers Return-on-Tangible-Equity Chart

Nagase Brothers 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 18.31 20.03 11.80 8.12 14.37

Nagase Brothers 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 17.62 1.01 15.89 11.72 16.59

TSE:9733 vs EDU, TAL, LAUR: Return-on-Tangible-Equity Comparison

For the Education & Training Services subindustry, Nagase Brothers'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.


Nagase Brothers Return-on-Tangible-Equity vs Education Industry

For the Education industry and Consumer Defensive sector, Nagase Brothers's Return-on-Tangible-Equity distribution charts can be found below:

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


TSE:9733
83GF Score
Nagase Brothers Inc TSE:9733
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nagase Brothers Return-on-Tangible-Equity Calculation

Nagase Brothers'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 )
=3983/( (24676+30772 )/ 2 )
=3983/27724
=14.37 %

Nagase Brothers'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 )
=4878/( (28026+30772)/ 2 )
=4878/29399
=16.59 %

* 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 16.59% mean?
Nagase Brothers (TSE:9733) has a Return-on-Tangible-Equity of 16.59% 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 Nagase Brothers and its competitors. This is near median its historical median of 16.19. Over the past decade, Nagase Brothers' Return-on-Tangible-Equity has ranged from 6.64 to 20.03. According to the industry distribution chart, Nagase Brothers ranks #109 out of 246 companies in the Education industry, placing it in the top 44.3%.
Is Nagase Brothers' Return-on-Tangible-Equity too high?
Nagase Brothers' current Return-on-Tangible-Equity of 16.59% is near median its 10-year median of 16.19. Over the past 10 years, this metric has ranged from a low of 6.64 to a high of 20.03. The Education industry median Return-on-Tangible-Equity is 11.40. Nagase Brothers' value of 16.59% is 45.6% above this industry median. Based on the distribution chart, Nagase Brothers ranks #109 out of 246 companies in the Education industry, which is above the industry midpoint. Overall, Nagase Brothers has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nagase Brothers' Return-on-Tangible-Equity compare to EDU and TAL?
According to the Education industry distribution chart, Nagase Brothers ranks #109 out of 246 companies for Return-on-Tangible-Equity. This puts Nagase Brothers in the upper half of its industry. The industry median Return-on-Tangible-Equity is 11.40. Nagase Brothers' value of 16.59% is 45.6% above this benchmark. Historically, Nagase Brothers' own Return-on-Tangible-Equity has ranged from 6.64 to 20.03 over the past decade. While the company's 10-year median is 16.19 vs. the industry median of 11.40, Nagase Brothers 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 Education company?
The median Return-on-Tangible-Equity among Education companies is 11.40, based on 246 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. Nagase Brothers's current Return-on-Tangible-Equity of 16.59% is 45.6% 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 Nagase Brothers and its competitors. For the Education industry, the median Return-on-Tangible-Equity is 11.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nagase Brothers's current Return-on-Tangible-Equity is 16.59%, which is near median its own 10-year median of 16.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nagase Brothers stock overvalued right now?
Based on GuruFocus' analysis, Nagase Brothers (TSE:9733) is currently considered Fairly Valued. The stock's GF Value™ is 円2,340.69, compared to a current price of 円2,372.00 — trading 1.3% above its estimated fair value. The current Return-on-Tangible-Equity is 16.59%, which is near median its 10-year median of 16.19 and 45.6% above the Education industry median of 11.40. Nagase Brothers' overall GF Score™ is 83/100 with 5 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 Nagase Brothers (TSE:9733), the current Return-on-Tangible-Equity is 16.59% 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 Nagase Brothers (TSE:9733) Overvalued in 2026?

Based on GuruFocus' analysis, Nagase Brothers stock appears to be overvalued. The current stock price of 円2,372.00 is trading 1.3% above its estimated GF Value™ of 円2,340.69. GuruFocus considers Nagase Brothers to be Fairly Valued.

Key valuation signals for TSE:9733:

  • Return-on-Tangible-Equity: 16.59% (near median its 10-year median of 16.19)
  • GF Value™: 円2,340.69 vs. price of 円2,372.00 (1.3% above fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 45.6% above the Education median (#109 of 246)

No single metric tells the full story. See the TSE:9733 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nagase Brothers Business Description

Address 1-29-2 Kichijoji Minamimachi, Musashino-shi, Tokyo, JPN
Nagase Brothers Inc operates cram schools. It offers educational services for elementary, junior high, and high school students. It also has business schools, elementary schools, and swimming schools; and offers entrance examination services, as well as publishes reference books.
83GF Score

Get the complete analysis for TSE:9733

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

円2,372.00
Price
円2,340.69
GF Value