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NTT SystemWAR:NTT -4.17%72 Return-on-Tangible-Equity is 12.83% as of Mar. 2026, which is 28% above its 10-year median of 10.02. GuruFocus rates WAR:NTT with a GF Score™ of 72/100 and a GF Value™ of zł6.80 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,385 Hardware companies, NTT System ranks better than 82.52% 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. NTT System's annualized net income for the quarter that ended in Mar. 2026 was zł28 Mil. NTT System's average shareholder tangible equity for the quarter that ended in Mar. 2026 was zł220 Mil. Therefore, NTT System's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 12.83%.
The historical rank and industry rank for NTT System's Return-on-Tangible-Equity or its related term are showing as below:
WAR:NTT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.65 Med: 10.02 Max: 17.34
Current: 17.34
During the past 13 years, NTT System's highest Return-on-Tangible-Equity was 17.34%. The lowest was 1.65%. And the median was 10.02%.
WAR:NTT's Return-on-Tangible-Equity is ranked better than 82.52% of 2385
companies
in the Hardware industry
Industry Median: 5.32
vs WAR:NTT: 17.34
NTT System (WAR:NTT) 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.
NTT System Return-on-Tangible-Equity Related Terms
NTT System Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for NTT System'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.
WAR:NTT vs SNDK, DELL, STX: Return-on-Tangible-Equity Comparison
For the Computer Hardware subindustry, NTT System'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.
NTT System Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, NTT System's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where NTT System'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 12.83% mean?
NTT System (WAR:NTT) has a Return-on-Tangible-Equity of 12.83% 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 NTT System and its competitors. This is 28% above median its historical median of 10.02. Over the past decade, NTT System's Return-on-Tangible-Equity has ranged from 1.65 to 17.34. According to the industry distribution chart, NTT System ranks #417 out of 2385 companies in the Hardware industry, placing it in the top 17.5%.
Is NTT System's Return-on-Tangible-Equity too high?
NTT System's current Return-on-Tangible-Equity of 12.83% is 28% above median its 10-year median of 10.02. Over the past 10 years, this metric has ranged from a low of 1.65 to a high of 17.34. The Hardware industry median Return-on-Tangible-Equity is 5.32. NTT System's value of 12.83% is 141.2% above this industry median. Based on the distribution chart, NTT System ranks #417 out of 2385 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, NTT System has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NTT System's Return-on-Tangible-Equity compare to SNDK and DELL?
According to the Hardware industry distribution chart, NTT System ranks #417 out of 2385 companies for Return-on-Tangible-Equity. This places NTT System in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.32. NTT System's value of 12.83% is 141.2% above this benchmark. Historically, NTT System's own Return-on-Tangible-Equity has ranged from 1.65 to 17.34 over the past decade. While the company's 10-year median is 10.02 vs. the industry median of 5.32, NTT System 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.32, based on 2,385 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. NTT System's current Return-on-Tangible-Equity of 12.83% is 141.2% 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 NTT System and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTT System's current Return-on-Tangible-Equity is 12.83%, which is 28% above median its own 10-year median of 10.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTT System stock overvalued right now?
Based on GuruFocus' analysis, NTT System (WAR:NTT) is currently considered Significantly Overvalued. The stock's GF Value™ is zł6.80, compared to a current price of zł16.10 — trading 136.8% above its estimated fair value. The current Return-on-Tangible-Equity is 12.83%, which is 28% above median its 10-year median of 10.02 and 141.2% above the Hardware industry median of 5.32. NTT System's overall GF Score™ is 72/100 with 6 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 NTT System (WAR:NTT), the current Return-on-Tangible-Equity is 12.83% 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 NTT System (WAR:NTT) Overvalued in 2026?
Based on GuruFocus' analysis, NTT System stock appears to be overvalued.
The current stock price of zł16.10 is trading 136.8% above its estimated GF Value™ of zł6.80.
GuruFocus considers NTT System to be Significantly Overvalued.
Key valuation signals for WAR:NTT:
Return-on-Tangible-Equity: 12.83% (28% above median its 10-year median of 10.02)
GF Value™: zł6.80 vs. price of zł16.10 (136.8% above fair value)
Industry Position: 141.2% above the Hardware median (#417 of 2385)
No single metric tells the full story. See the WAR:NTT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NTT System SA is a manufacturer of desktop computers, supplied both private label and brand commissioned. It is one of the distributors of accessories, components, and peripherals in Poland. The company serves institutional, individual and business clients. It offers news and promotion, servers, computers, e-sport system, tablets, inks and toners, and accessories.
72GF Score
Get the complete analysis for WAR:NTT
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