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Sumitomo Rubber IndustriesFRA:108 +0.85%69 Return-on-Tangible-Asset is 2.73% as of Mar. 2026, which is 20% below its 10-year median of 3.40. GuruFocus rates FRA:108 with a GF Score™ of 69/100 and a GF Value™ of €7.29 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,331 Vehicles & Parts companies, Sumitomo Rubber Industries ranks better than 69.72% 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. Sumitomo Rubber Industries's annualizedNet Income for the quarter that ended in Mar. 2026 was €187 Mil. Sumitomo Rubber Industries's average total tangible assets for the quarter that ended in Mar. 2026 was €6,842 Mil. Therefore, Sumitomo Rubber Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.73%.
The historical rank and industry rank for Sumitomo Rubber Industries's Return-on-Tangible-Asset or its related term are showing as below:
FRA:108'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.87 Med: 3.4 Max: 5.76
Current: 5.76
During the past 13 years, Sumitomo Rubber Industries's highest Return-on-Tangible-Asset was 5.76%. The lowest was 0.87%. And the median was 3.40%.
FRA:108's Return-on-Tangible-Asset is ranked better than 69.72% of 1331
companies
in the Vehicles & Parts industry
Industry Median: 3.16
vs FRA:108: 5.76
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.
Sumitomo Rubber Industries Return-on-Tangible-Asset Related Terms
Sumitomo Rubber Industries Return-on-Tangible-Asset Historical Data
* 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.
FRA:108 vs ORLY, AZO: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Sumitomo Rubber Industries'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.
Sumitomo Rubber Industries Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Sumitomo Rubber Industries's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sumitomo Rubber Industries'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 2.73% mean?
Sumitomo Rubber Industries (FRA:108) has a Return-on-Tangible-Asset of 2.73% 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 Sumitomo Rubber Industries and its competitors. This is 20% below median its historical median of 3.40. Over the past decade, Sumitomo Rubber Industries' Return-on-Tangible-Asset has ranged from 0.87 to 5.76. According to the industry distribution chart, Sumitomo Rubber Industries ranks #403 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 30.3%.
Is Sumitomo Rubber Industries' Return-on-Tangible-Asset too high?
Sumitomo Rubber Industries' current Return-on-Tangible-Asset of 2.73% is 20% below median its 10-year median of 3.40. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 5.76. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.16. Sumitomo Rubber Industries' value of 2.73% is 13.6% below this industry median. Based on the distribution chart, Sumitomo Rubber Industries ranks #403 out of 1331 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Sumitomo Rubber Industries has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sumitomo Rubber Industries' Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Sumitomo Rubber Industries ranks #403 out of 1331 companies for Return-on-Tangible-Asset. This puts Sumitomo Rubber Industries in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.16. Sumitomo Rubber Industries' value of 2.73% is 13.6% below this benchmark. Historically, Sumitomo Rubber Industries' own Return-on-Tangible-Asset has ranged from 0.87 to 5.76 over the past decade. While the company's 10-year median is 3.40 vs. the industry median of 3.16, Sumitomo Rubber Industries has consistently been below 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.16, based on 1,331 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. Sumitomo Rubber Industries's current Return-on-Tangible-Asset of 2.73% is 13.6% below 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 Sumitomo Rubber Industries and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sumitomo Rubber Industries's current Return-on-Tangible-Asset is 2.73%, which is 20% below median its own 10-year median of 3.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sumitomo Rubber Industries stock overvalued right now?
Based on GuruFocus' analysis, Sumitomo Rubber Industries (FRA:108) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.29, compared to a current price of €11.80 — trading 61.9% above its estimated fair value. The current Return-on-Tangible-Asset is 2.73%, which is 20% below median its 10-year median of 3.40 and 13.6% below the Vehicles & Parts industry median of 3.16. Sumitomo Rubber Industries' overall GF Score™ is 69/100 with 7 warning signs to review. 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 Sumitomo Rubber Industries (FRA:108), the current Return-on-Tangible-Asset is 2.73% 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 Sumitomo Rubber Industries (FRA:108) Overvalued in 2026?
Based on GuruFocus' analysis, Sumitomo Rubber Industries stock appears to be overvalued.
The current stock price of €11.80 is trading 61.9% above its estimated GF Value™ of €7.29.
GuruFocus considers Sumitomo Rubber Industries to be Significantly Overvalued.
Key valuation signals for FRA:108:
Return-on-Tangible-Asset: 2.73% (20% below median its 10-year median of 3.40)
GF Value™: €7.29 vs. price of €11.80 (61.9% above fair value)
Industry Position: 13.6% below the Vehicles & Parts median (#403 of 1331)
No single metric tells the full story. See the FRA:108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sumitomo Rubber Industries Ltd makes and sells rubber tires, sports equipment, and other products in three segments based on product type. The tire segment, which generates the majority of revenue, sells rubber tires for automobiles and motorcycles under the Dunlop and Falken brand names. The sports segment sells golf, tennis, and fitness equipment under the Srixon, XXIO, Cleveland, and Dunlop brand names. The industrial and other products segment sells rubber parts for printers, artificial turf for sporting use, floor coating materials, portable ramps, gloves, tubes, and valves. The majority of revenue comes from Japan than any other region.
69GF Score
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