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Furuno Electric CoFNOEF 78 Return-on-Tangible-Asset is 10.55% as of Feb. 2026, which is 139% above its 10-year median of 4.41. GuruFocus rates FNOEF with a GF Score™ of 78/100 and a GF Value™ of $16.62. Among 2,501 Hardware companies, Furuno Electric Co ranks better than 93.32% 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. Furuno Electric Co's annualizedNet Income for the quarter that ended in Feb. 2026 was $88.3 Mil. Furuno Electric Co's average total tangible assets for the quarter that ended in Feb. 2026 was $837.1 Mil. Therefore, Furuno Electric Co's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 10.55%.
The historical rank and industry rank for Furuno Electric Co's Return-on-Tangible-Asset or its related term are showing as below:
FNOEF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.46 Med: 4.41 Max: 14.24
Current: 14.24
During the past 13 years, Furuno Electric Co's highest Return-on-Tangible-Asset was 14.24%. The lowest was 1.46%. And the median was 4.41%.
FNOEF's Return-on-Tangible-Asset is ranked better than 93.32% of 2501
companies
in the Hardware industry
Industry Median: 2.45
vs FNOEF: 14.24
Furuno Electric Co (OTCPK:FNOEF) 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.
Furuno Electric Co Return-on-Tangible-Asset Related Terms
Furuno Electric Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Furuno Electric 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.
FNOEF vs COHR, KEYS, GRMN: Return-on-Tangible-Asset Comparison
For the Scientific & Technical Instruments subindustry, Furuno Electric 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.
Furuno Electric Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Furuno Electric Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Furuno Electric 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 (Feb. 2026) net income data.
What does a Return-on-Tangible-Asset of 10.55% mean?
Furuno Electric Co (FNOEF) has a Return-on-Tangible-Asset of 10.55% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Furuno Electric Co and its competitors. This is 139% above median its historical median of 4.41. Over the past decade, Furuno Electric Co's Return-on-Tangible-Asset has ranged from 1.46 to 14.24. According to the industry distribution chart, Furuno Electric Co ranks #167 out of 2501 companies in the Hardware industry, placing it in the top 6.7%.
Is Furuno Electric Co's Return-on-Tangible-Asset too high?
Furuno Electric Co's current Return-on-Tangible-Asset of 10.55% is 139% above median its 10-year median of 4.41. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 14.24. The Hardware industry median Return-on-Tangible-Asset is 2.45. Furuno Electric Co's value of 10.55% is 330.6% above this industry median. Based on the distribution chart, Furuno Electric Co ranks #167 out of 2501 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Furuno Electric Co has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Furuno Electric Co's Return-on-Tangible-Asset compare to COHR and KEYS?
According to the Hardware industry distribution chart, Furuno Electric Co ranks #167 out of 2501 companies for Return-on-Tangible-Asset. This places Furuno Electric Co in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.45. Furuno Electric Co's value of 10.55% is 330.6% above this benchmark. Historically, Furuno Electric Co's own Return-on-Tangible-Asset has ranged from 1.46 to 14.24 over the past decade. While the company's 10-year median is 4.41 vs. the industry median of 2.45, Furuno Electric 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.45, based on 2,501 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. Furuno Electric Co's current Return-on-Tangible-Asset of 10.55% is 330.6% 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-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 Furuno Electric Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Furuno Electric Co's current Return-on-Tangible-Asset is 10.55%, which is 139% above median its own 10-year median of 4.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Furuno Electric Co stock overvalued right now?
Furuno Electric Co (FNOEF) has a current Return-on-Tangible-Asset of 10.55%. The stock's GF Value™ is $16.62, compared to a current price of $41.99 — trading 152.6% above its estimated fair value. The current Return-on-Tangible-Asset is 10.55%, which is 139% above median its 10-year median of 4.41 and 330.6% above the Hardware industry median of 2.45. Furuno Electric Co's overall GF Score™ is 78/100. 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 Furuno Electric Co (FNOEF), the current Return-on-Tangible-Asset is 10.55% as of Feb. 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 Furuno Electric Co (FNOEF) Overvalued in 2026?
Based on GuruFocus' analysis, Furuno Electric Co stock appears to be overvalued.
The current stock price of $41.99 is trading 152.6% above its estimated GF Value™ of $16.62.
Key valuation signals for FNOEF:
Return-on-Tangible-Asset: 10.55% (139% above median its 10-year median of 4.41)
GF Value™: $16.62 vs. price of $41.99 (152.6% above fair value)
Industry Position: 330.6% above the Hardware median (#167 of 2501)
No single metric tells the full story. See the FNOEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Furuno Electric Co Ltd is engaged in the business of producing marine related electronic equipment. The products portfolio includes fish sonar, GPS, Radar, Coastal monitoring system, Automatic identification system, Voyage data recorder, and satellite communications equipment.
78GF Score
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