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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. Hokkaido Electric Power Co's annualizedNet Income for the quarter that ended in Mar. 2026 was €-105 Mil. Hokkaido Electric Power Co's average total tangible assets for the quarter that ended in Mar. 2026 was €13,248 Mil. Therefore, Hokkaido Electric Power Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.79%.
The historical rank and industry rank for Hokkaido Electric Power Co's Return-on-Tangible-Asset or its related term are showing as below:
FRA:5IE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.09 Med: 1.27 Max: 3.13
Current: 1.16
During the past 13 years, Hokkaido Electric Power Co's highest Return-on-Tangible-Asset was 3.13%. The lowest was -1.09%. And the median was 1.27%.
FRA:5IE's Return-on-Tangible-Asset is ranked worse than 50.77% of 453
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.19
vs FRA:5IE: 1.16
Hokkaido Electric Power Co (FRA:5IE) 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.
Hokkaido Electric Power Co Return-on-Tangible-Asset Related Terms
Hokkaido Electric Power Co 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.
Hokkaido Electric Power Co Return-on-Tangible-Asset Chart
Hokkaido Electric Power Co Return-on-Tangible-Asset Competitor Comparison
For the Utilities - Renewable subindustry, Hokkaido Electric Power 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.
Hokkaido Electric Power Co Return-on-Tangible-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Hokkaido Electric Power Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hokkaido Electric Power 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 -0.79% mean?
Hokkaido Electric Power Co (FRA:5IE) has a Return-on-Tangible-Asset of -0.79% 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 Hokkaido Electric Power Co and its competitors. According to the industry distribution chart, Hokkaido Electric Power Co ranks #230 out of 453 companies in the Utilities - Independent Power Producers industry, placing it in the top 50.8%.
Is Hokkaido Electric Power Co's Return-on-Tangible-Asset too high?
Hokkaido Electric Power Co's current Return-on-Tangible-Asset is -0.79%. Based on the distribution chart, Hokkaido Electric Power Co ranks #230 out of 453 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Hokkaido Electric Power Co has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Hokkaido Electric Power Co's Return-on-Tangible-Asset compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Hokkaido Electric Power Co ranks #230 out of 453 companies for Return-on-Tangible-Asset. This places Hokkaido Electric Power Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.19. 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 Utilities - Independent Power Producers company?
The median Return-on-Tangible-Asset among Utilities - Independent Power Producers companies is 1.19, based on 453 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. 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 Hokkaido Electric Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Asset is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokkaido Electric Power Co's current Return-on-Tangible-Asset is -0.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokkaido Electric Power Co stock overvalued right now?
Hokkaido Electric Power Co (FRA:5IE) has a current Return-on-Tangible-Asset of -0.79%. The stock's GF Value™ is €4.16, compared to a current price of €5.50 — trading 32.2% above its estimated fair value. The current Return-on-Tangible-Asset is -0.79%. Hokkaido Electric Power Co's overall GF Score™ is 59/100 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-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Hokkaido Electric Power Co (FRA:5IE), the current Return-on-Tangible-Asset is -0.79% 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 Hokkaido Electric Power Co (FRA:5IE) Overvalued in 2026?
Based on GuruFocus' analysis, Hokkaido Electric Power Co stock appears to be overvalued.
The current stock price of €5.50 is trading 32.2% above its estimated GF Value™ of €4.16.
Key valuation signals for FRA:5IE:
Return-on-Tangible-Asset: -0.79%
GF Value™: €4.16 vs. price of €5.50 (32.2% above fair value)
No single metric tells the full story. See the FRA:5IE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hokkaido Electric Power Co Inc is a Japanese electric utility that serves the northernmost island of Hokkaido. HEPCO is involved in the generation, transmission, and distribution of electric energy on the island. The company utilizes a portfolio of hydroelectric, steam, gas, internal combustion, nuclear, geothermal, and solar power plants to do this. While majority of HEPCO's sites are hydroelectric, the company's fossil fuel facilities represent the vast majority of its total energy production and production capacity. Hokkaido Electric Power's electric utility business is responsible for nearly all of its revenue with sales split mainly between residential and commercial/industrial customer groups. Electrical output, however, is transmitted to residential customers.
59GF Score
Get the complete analysis for FRA:5IE
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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