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Miura CoFRA:8B2 -0.58%91 Return-on-Tangible-Asset is 8.74% as of Mar. 2026, which is 11% above its 10-year median of 7.85. GuruFocus rates FRA:8B2 with a GF Score™ of 91/100 and a GF Value™ of €24.91. The stock has 5 warning signs investors should review. Among 3,073 Industrial Products companies, Miura Co ranks better than 80.54% 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. Miura Co's annualizedNet Income for the quarter that ended in Mar. 2026 was €29,892 Mil. Miura Co's average total tangible assets for the quarter that ended in Mar. 2026 was €341,972 Mil. Therefore, Miura Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 8.74%.
The historical rank and industry rank for Miura Co's Return-on-Tangible-Asset or its related term are showing as below:
FRA:8B2'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.63 Med: 7.85 Max: 8.47
Current: 8.47
During the past 13 years, Miura Co's highest Return-on-Tangible-Asset was 8.47%. The lowest was 6.63%. And the median was 7.85%.
FRA:8B2's Return-on-Tangible-Asset is ranked better than 80.54% of 3073
companies
in the Industrial Products industry
Industry Median: 3.24
vs FRA:8B2: 8.47
Miura Co (FRA:8B2) 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.
Miura Co Return-on-Tangible-Asset Related Terms
Miura Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Miura 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.
For the Specialty Industrial Machinery subindustry, Miura 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.
Miura Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Miura Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Miura 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 8.74% mean?
Miura Co (FRA:8B2) has a Return-on-Tangible-Asset of 8.74% 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 Miura Co and its competitors. This is 11% above median its historical median of 7.85. Over the past decade, Miura Co's Return-on-Tangible-Asset has ranged from 6.63 to 8.47. According to the industry distribution chart, Miura Co ranks #598 out of 3073 companies in the Industrial Products industry, placing it in the top 19.5%.
Is Miura Co's Return-on-Tangible-Asset too high?
Miura Co's current Return-on-Tangible-Asset of 8.74% is 11% above median its 10-year median of 7.85. Over the past 10 years, this metric has ranged from a low of 6.63 to a high of 8.47. The Industrial Products industry median Return-on-Tangible-Asset is 3.24. Miura Co's value of 8.74% is 169.8% above this industry median. Based on the distribution chart, Miura Co ranks #598 out of 3073 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Miura Co has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Miura Co's Return-on-Tangible-Asset compare to ?
According to the Industrial Products industry distribution chart, Miura Co ranks #598 out of 3073 companies for Return-on-Tangible-Asset. This places Miura Co in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.24. Miura Co's value of 8.74% is 169.8% above this benchmark. Historically, Miura Co's own Return-on-Tangible-Asset has ranged from 6.63 to 8.47 over the past decade. While the company's 10-year median is 7.85 vs. the industry median of 3.24, Miura 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.24, based on 3,073 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. Miura Co's current Return-on-Tangible-Asset of 8.74% is 169.8% 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 Miura Co 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. Miura Co's current Return-on-Tangible-Asset is 8.74%, which is 11% above median its own 10-year median of 7.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miura Co stock overvalued right now?
Miura Co (FRA:8B2) has a current Return-on-Tangible-Asset of 8.74%. The stock's GF Value™ is €24.91, compared to a current price of €17.20 — trading 31% below its estimated fair value. The current Return-on-Tangible-Asset is 8.74%, which is 11% above median its 10-year median of 7.85 and 169.8% above the Industrial Products industry median of 3.24. Miura Co's overall GF Score™ is 91/100 with 5 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 Miura Co (FRA:8B2), the current Return-on-Tangible-Asset is 8.74% 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 Miura Co (FRA:8B2) Overvalued in 2026?
Based on GuruFocus' analysis, Miura Co stock appears to be undervalued.
The current stock price of €17.20 is trading 31% below its estimated GF Value™ of €24.91.
Key valuation signals for FRA:8B2:
Return-on-Tangible-Asset: 8.74% (11% above median its 10-year median of 7.85)
GF Value™: €24.91 vs. price of €17.20 (31% below fair value)
Industry Position: 169.8% above the Industrial Products median (#598 of 3073)
No single metric tells the full story. See the FRA:8B2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Miura Co Ltd is a Japan-based company engaged in the manufacture, sale, and maintenance of boilers, related equipment, and energy systems. The company operates through four segments. The Domestic Equipment Sales segment provides boilers, marine equipment, compressors, heat pumps, and recovery systems, while Domestic Maintenance offers maintenance management, inspections, energy systems, leasing, and parts. The Overseas Equipment Sales segment supplies boilers, compressors, water treatment, and vacuum equipment, and the Overseas Maintenance segment handles inspections, contracts, and parts. The Others segment includes property management and insurance services.
91GF Score
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