ChiyodaFRA:CYA +1.12%64 Return-on-Tangible-Asset is 51.51% as of Dec. 2025, which is 2640% above its 10-year median of 1.88. GuruFocus rates FRA:CYA with a GF Score™ of 64/100 and a GF Value™ of €1.77 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,779 Construction companies, Chiyoda ranks better than 95.95% 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. Chiyoda's annualizedNet Income for the quarter that ended in Dec. 2025 was €1,327 Mil. Chiyoda's average total tangible assets for the quarter that ended in Dec. 2025 was €2,577 Mil. Therefore, Chiyoda's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 51.51%.
The historical rank and industry rank for Chiyoda's Return-on-Tangible-Asset or its related term are showing as below:
FRA:CYA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -56.44 Med: 1.88 Max: 18.33
Current: 18.33
During the past 13 years, Chiyoda's highest Return-on-Tangible-Asset was 18.33%. The lowest was -56.44%. And the median was 1.88%.
FRA:CYA's Return-on-Tangible-Asset is ranked better than 95.95% of 1779
companies
in the Construction industry
Industry Median: 3.03
vs FRA:CYA: 18.33
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.
Chiyoda Return-on-Tangible-Asset Related Terms
Chiyoda Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Chiyoda'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:CYA vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Chiyoda'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.
Chiyoda Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Chiyoda's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Chiyoda'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 51.51% mean?
Chiyoda (FRA:CYA) has a Return-on-Tangible-Asset of 51.51% 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 Chiyoda and its competitors. This is 2640% above median its historical median of 1.88. According to the industry distribution chart, Chiyoda ranks #72 out of 1779 companies in the Construction industry, placing it in the top 4%.
Is Chiyoda's Return-on-Tangible-Asset too high?
Chiyoda's current Return-on-Tangible-Asset of 51.51% is 2640% above median its 10-year median of 1.88. The Construction industry median Return-on-Tangible-Asset is 3.03. Chiyoda's value of 51.51% is 1600% above this industry median. Based on the distribution chart, Chiyoda ranks #72 out of 1779 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Chiyoda has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chiyoda's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Chiyoda ranks #72 out of 1779 companies for Return-on-Tangible-Asset. This places Chiyoda in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.03. Chiyoda's value of 51.51% is 1600% above this benchmark. While the company's 10-year median is 1.88 vs. the industry median of 3.03, Chiyoda 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.03, based on 1,779 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. Chiyoda's current Return-on-Tangible-Asset of 51.51% is 1600% 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 Chiyoda and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chiyoda's current Return-on-Tangible-Asset is 51.51%, which is 2640% above median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chiyoda stock overvalued right now?
Based on GuruFocus' analysis, Chiyoda (FRA:CYA) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.77, compared to a current price of €3.60 — trading 103.4% above its estimated fair value. The current Return-on-Tangible-Asset is 51.51%, which is 2640% above median its 10-year median of 1.88 and 1600% above the Construction industry median of 3.03. Chiyoda's overall GF Score™ is 64/100 with 1 warning sign 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 Chiyoda (FRA:CYA), the current Return-on-Tangible-Asset is 51.51% 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 Chiyoda (FRA:CYA) Overvalued in 2026?
Based on GuruFocus' analysis, Chiyoda stock appears to be overvalued.
The current stock price of €3.60 is trading 103.4% above its estimated GF Value™ of €1.77.
GuruFocus considers Chiyoda to be Significantly Overvalued.
Key valuation signals for FRA:CYA:
Return-on-Tangible-Asset: 51.51% (2640% above median its 10-year median of 1.88)
GF Value™: €1.77 vs. price of €3.60 (103.4% above fair value)
Industry Position: 1600% above the Construction median (#72 of 1779)
No single metric tells the full story. See the FRA:CYA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chiyoda Corp offers engineering, procurement, and construction, or EPC, services to the energy and chemical industries. The Japanese firm is involved in two main areas of activity: energy and environment. Its energy segment involves constructing liquefied natural gas plants and other gas-related facilities. Chiyoda also provides EPC, operation, expansion, and improvement services to petrochemical and metal firms through this business. The environment segment includes EPC work on pharmaceutical manufacturers as well as preservation technology offerings like air pollution control and wastewater treatment. Chiyoda uses artificial intelligence technology to optimize plant operations in their digital transformation business. It earns the majority of its total revenue overseas.
64GF Score
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