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Asahi Intecc CoFRA:6XT -2.60%98 Return-on-Tangible-Asset is 16.90% as of Dec. 2025, which is 61% above its 10-year median of 10.51. GuruFocus rates FRA:6XT with a GF Score™ of 98/100 and a GF Value™ of €17.19 (Fairly Valued). The stock has 3 warning signs investors should review. Among 855 Medical Devices & Instruments companies, Asahi Intecc Co ranks better than 93.92% 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. Asahi Intecc Co's annualizedNet Income for the quarter that ended in Dec. 2025 was €175.5 Mil. Asahi Intecc Co's average total tangible assets for the quarter that ended in Dec. 2025 was €1,038.3 Mil. Therefore, Asahi Intecc Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 16.90%.
The historical rank and industry rank for Asahi Intecc Co's Return-on-Tangible-Asset or its related term are showing as below:
FRA:6XT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.03 Med: 10.51 Max: 16.42
Current: 16.42
During the past 13 years, Asahi Intecc Co's highest Return-on-Tangible-Asset was 16.42%. The lowest was 7.03%. And the median was 10.51%.
FRA:6XT's Return-on-Tangible-Asset is ranked better than 93.92% of 855
companies
in the Medical Devices & Instruments industry
Industry Median: 0.62
vs FRA:6XT: 16.42
Asahi Intecc Co (FRA:6XT) 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.
Asahi Intecc Co Return-on-Tangible-Asset Related Terms
Asahi Intecc Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Asahi Intecc 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.
FRA:6XT vs ISRG, BDX, MDLN: Return-on-Tangible-Asset Comparison
For the Medical Instruments & Supplies subindustry, Asahi Intecc 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.
Asahi Intecc Co Return-on-Tangible-Asset vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Asahi Intecc Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Asahi Intecc 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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 16.90% mean?
Asahi Intecc Co (FRA:6XT) has a Return-on-Tangible-Asset of 16.90% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Asahi Intecc Co and its competitors. This is 61% above median its historical median of 10.51. Over the past decade, Asahi Intecc Co's Return-on-Tangible-Asset has ranged from 7.03 to 16.42. According to the industry distribution chart, Asahi Intecc Co ranks #52 out of 855 companies in the Medical Devices & Instruments industry, placing it in the top 6.1%.
Is Asahi Intecc Co's Return-on-Tangible-Asset too high?
Asahi Intecc Co's current Return-on-Tangible-Asset of 16.90% is 61% above median its 10-year median of 10.51. Over the past 10 years, this metric has ranged from a low of 7.03 to a high of 16.42. The Medical Devices & Instruments industry median Return-on-Tangible-Asset is 0.62. Asahi Intecc Co's value of 16.90% is 2625.8% above this industry median. Based on the distribution chart, Asahi Intecc Co ranks #52 out of 855 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Asahi Intecc Co has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asahi Intecc Co's Return-on-Tangible-Asset compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Asahi Intecc Co ranks #52 out of 855 companies for Return-on-Tangible-Asset. This places Asahi Intecc Co in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.62. Asahi Intecc Co's value of 16.90% is 2625.8% above this benchmark. Historically, Asahi Intecc Co's own Return-on-Tangible-Asset has ranged from 7.03 to 16.42 over the past decade. While the company's 10-year median is 10.51 vs. the industry median of 0.62, Asahi Intecc 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 Medical Devices & Instruments company?
The median Return-on-Tangible-Asset among Medical Devices & Instruments companies is 0.62, based on 855 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. Asahi Intecc Co's current Return-on-Tangible-Asset of 16.90% is 2625.8% 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 Asahi Intecc Co and its competitors. For the Medical Devices & Instruments industry, the median Return-on-Tangible-Asset is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Intecc Co's current Return-on-Tangible-Asset is 16.90%, which is 61% above median its own 10-year median of 10.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Intecc Co stock overvalued right now?
Based on GuruFocus' analysis, Asahi Intecc Co (FRA:6XT) is currently considered Fairly Valued. The stock's GF Value™ is €17.19, compared to a current price of €18.70 — trading 8.8% above its estimated fair value. The current Return-on-Tangible-Asset is 16.90%, which is 61% above median its 10-year median of 10.51 and 2625.8% above the Medical Devices & Instruments industry median of 0.62. Asahi Intecc Co's overall GF Score™ is 98/100 with 3 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 Asahi Intecc Co (FRA:6XT), the current Return-on-Tangible-Asset is 16.90% as of Dec. 2025. 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 Asahi Intecc Co (FRA:6XT) Overvalued in 2026?
Based on GuruFocus' analysis, Asahi Intecc Co stock appears to be overvalued.
The current stock price of €18.70 is trading 8.8% above its estimated GF Value™ of €17.19.
GuruFocus considers Asahi Intecc Co to be Fairly Valued.
Key valuation signals for FRA:6XT:
Return-on-Tangible-Asset: 16.90% (61% above median its 10-year median of 10.51)
GF Value™: €17.19 vs. price of €18.70 (8.8% above fair value)
Industry Position: 2625.8% above the Medical Devices & Instruments median (#52 of 855)
No single metric tells the full story. See the FRA:6XT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asahi Intecc Co Ltd is engaged in the development, manufacturing, and sales of medical and industrial equipment components. The company operates through two reportable segments: Medical Business and Device Business. The Medical Business develops, manufactures, and sells proprietary and OEM products in the medical equipment field, while the Device Business focuses on components for medical and industrial equipment applications. It generates the majority of its revenue from the Medical Business segment.
98GF Score
Get the complete analysis for FRA:6XT
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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