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Doshisha CoDSHIF 82 Return-on-Tangible-Asset is 4.35% as of Mar. 2026, which is 28% below its 10-year median of 6.01. GuruFocus rates DSHIF with a GF Score™ of 82/100 and a GF Value™ of $13.19. Among 568 Conglomerates companies, Doshisha Co ranks better than 84.33% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Doshisha Co's annualizedNet Income for the quarter that ended in Mar. 2026 was $30.3 Mil. Doshisha Co's average total tangible assets for the quarter that ended in Mar. 2026 was $697.6 Mil. Therefore, Doshisha Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.35%.
The historical rank and industry rank for Doshisha Co's Return-on-Tangible-Asset or its related term are showing as below:
DSHIF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.82 Med: 6.01 Max: 8.17
Current: 8.17
During the past 13 years, Doshisha Co's highest Return-on-Tangible-Asset was 8.17%. The lowest was 4.82%. And the median was 6.01%.
DSHIF's Return-on-Tangible-Asset is ranked better than 84.33% of 568
companies
in the Conglomerates industry
Industry Median: 2.735
vs DSHIF: 8.17
Doshisha Co (OTCPK:DSHIF) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Doshisha Co Return-on-Tangible-Asset Related Terms
Doshisha Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Doshisha Co's Return-on-Tangible-Asset 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.
DSHIF vs MMM, HON: Return-on-Tangible-Asset Comparison
For the Conglomerates subindustry, Doshisha Co's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Doshisha Co Return-on-Tangible-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Doshisha Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Doshisha Co's Return-on-Tangible-Asset 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-Asset, the net income of the last fiscal year and the average total tangible assets 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.
What does a Return-on-Tangible-Asset of 4.35% mean?
Doshisha Co (DSHIF) has a Return-on-Tangible-Asset of 4.35% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Doshisha Co and its competitors. This is 28% below median its historical median of 6.01. Over the past decade, Doshisha Co's Return-on-Tangible-Asset has ranged from 4.82 to 8.17. According to the industry distribution chart, Doshisha Co ranks #89 out of 568 companies in the Conglomerates industry, placing it in the top 15.7%.
Is Doshisha Co's Return-on-Tangible-Asset too high?
Doshisha Co's current Return-on-Tangible-Asset of 4.35% is 28% below median its 10-year median of 6.01. Over the past 10 years, this metric has ranged from a low of 4.82 to a high of 8.17. The Conglomerates industry median Return-on-Tangible-Asset is 2.74. Doshisha Co's value of 4.35% is 59% above this industry median. Based on the distribution chart, Doshisha Co ranks #89 out of 568 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Doshisha Co has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Doshisha Co's Return-on-Tangible-Asset compare to MMM and HON?
According to the Conglomerates industry distribution chart, Doshisha Co ranks #89 out of 568 companies for Return-on-Tangible-Asset. This places Doshisha Co in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.74. Doshisha Co's value of 4.35% is 59% above this benchmark. Historically, Doshisha Co's own Return-on-Tangible-Asset has ranged from 4.82 to 8.17 over the past decade. While the company's 10-year median is 6.01 vs. the industry median of 2.74, Doshisha 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-Asset for a Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.74, based on 568 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Doshisha Co's current Return-on-Tangible-Asset of 4.35% is 59% 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Doshisha Co and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Doshisha Co's current Return-on-Tangible-Asset is 4.35%, which is 28% below median its own 10-year median of 6.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Doshisha Co stock overvalued right now?
Doshisha Co (DSHIF) has a current Return-on-Tangible-Asset of 4.35%. The stock's GF Value™ is $13.19, compared to a current price of $15.95 — trading 20.9% above its estimated fair value. The current Return-on-Tangible-Asset is 4.35%, which is 28% below median its 10-year median of 6.01 and 59% above the Conglomerates industry median of 2.74. Doshisha Co's overall GF Score™ is 82/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Doshisha Co (DSHIF), the current Return-on-Tangible-Asset is 4.35% 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 Doshisha Co (DSHIF) Overvalued in 2026?
Based on GuruFocus' analysis, Doshisha Co stock appears to be overvalued.
The current stock price of $15.95 is trading 20.9% above its estimated GF Value™ of $13.19.
Key valuation signals for DSHIF:
Return-on-Tangible-Asset: 4.35% (28% below median its 10-year median of 6.01)
GF Value™: $13.19 vs. price of $15.95 (20.9% above fair value)
Industry Position: 59% above the Conglomerates median (#89 of 568)
No single metric tells the full story. See the DSHIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Doshisha Co Ltd is a Japanese conglomerate. The company engages in the manufacture and sale of various lifestyle and household products. With operation organized into the following segments, Product Development, Wholesale Model Business and Others. It mainly provides consumer electronics, home décor, apparel, food products, alcoholic beverages, and confectionery. It also engages in wholesale of branded products.
82GF Score
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