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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. Shima Seiki Mfg's annualizedNet Income for the quarter that ended in Mar. 2026 was €10.1 Mil. Shima Seiki Mfg's average total tangible assets for the quarter that ended in Mar. 2026 was €596.9 Mil. Therefore, Shima Seiki Mfg's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.69%.
The historical rank and industry rank for Shima Seiki Mfg's Return-on-Tangible-Asset or its related term are showing as below:
FRA:2ME'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -15.17 Med: -1.32 Max: 7.82
Current: 0.82
During the past 13 years, Shima Seiki Mfg's highest Return-on-Tangible-Asset was 7.82%. The lowest was -15.17%. And the median was -1.32%.
FRA:2ME's Return-on-Tangible-Asset is ranked worse than 68.25% of 3074
companies
in the Industrial Products industry
Industry Median: 3.24
vs FRA:2ME: 0.82
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.
Shima Seiki Mfg Return-on-Tangible-Asset Related Terms
Shima Seiki Mfg Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Shima Seiki Mfg'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.
FRA:2ME vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Shima Seiki Mfg'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.
Shima Seiki Mfg Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shima Seiki Mfg's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shima Seiki Mfg'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 1.69% mean?
Shima Seiki Mfg (FRA:2ME) has a Return-on-Tangible-Asset of 1.69% 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 Shima Seiki Mfg and its competitors. According to the industry distribution chart, Shima Seiki Mfg ranks #2098 out of 3074 companies in the Industrial Products industry, placing it in the top 68.2%.
Is Shima Seiki Mfg's Return-on-Tangible-Asset too high?
Shima Seiki Mfg's current Return-on-Tangible-Asset is 1.69%. The Industrial Products industry median Return-on-Tangible-Asset is 3.24. Shima Seiki Mfg's value of 1.69% is 47.8% below this industry median. Based on the distribution chart, Shima Seiki Mfg ranks #2098 out of 3074 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Shima Seiki Mfg has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Shima Seiki Mfg's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shima Seiki Mfg ranks #2098 out of 3074 companies for Return-on-Tangible-Asset. This places Shima Seiki Mfg in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.24. Shima Seiki Mfg's value of 1.69% is 47.8% below this benchmark. 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.24, based on 3,074 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. Shima Seiki Mfg's current Return-on-Tangible-Asset of 1.69% is 47.8% 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 Shima Seiki Mfg and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shima Seiki Mfg's current Return-on-Tangible-Asset is 1.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shima Seiki Mfg stock overvalued right now?
Shima Seiki Mfg (FRA:2ME) has a current Return-on-Tangible-Asset of 1.69%. The stock's GF Value™ is €6.45, compared to a current price of €4.75 — trading 26.3% below its estimated fair value. The current Return-on-Tangible-Asset is 1.69% and 47.8% below the Industrial Products industry median of 3.24. Shima Seiki Mfg's overall GF Score™ is 67/100 with 4 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 Shima Seiki Mfg (FRA:2ME), the current Return-on-Tangible-Asset is 1.69% 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 Shima Seiki Mfg (FRA:2ME) Overvalued in 2026?
Based on GuruFocus' analysis, Shima Seiki Mfg stock appears to be undervalued.
The current stock price of €4.75 is trading 26.3% below its estimated GF Value™ of €6.45.
Key valuation signals for FRA:2ME:
Return-on-Tangible-Asset: 1.69%
GF Value™: €6.45 vs. price of €4.75 (26.3% below fair value)
Industry Position: 47.8% below the Industrial Products median (#2098 of 3074)
No single metric tells the full story. See the FRA:2ME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shima Seiki Mfg Ltd is a Japan-based company that is engaged in developing, manufacturing, selling, and servicing computerized flat knitting machines, design systems, automatic fabric-cutting machines, and glove- and sock-knitting machines. The company's products are applied in apparel, knitting, weaving, printing, circular knitting, interior furnishings, automotive, aerospace, and other industrial materials. Flat knitting machines account for the majority of the company's sales. Shima Seiki generates most of its sales from Asia and Europe.
67GF Score
Get the complete analysis for FRA:2ME
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