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Future Innovation GroupFSE:4392 56 Return-on-Tangible-Asset is 6.28% as of Dec. 2025, which is 243% above its 10-year median of 1.83. GuruFocus rates FSE:4392 with a GF Score™ of 56/100 and a GF Value™ of 円562.98 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,500 Hardware companies, Future Innovation Group ranks better than 68.48% 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. Future Innovation Group's annualizedNet Income for the quarter that ended in Dec. 2025 was 円906 Mil. Future Innovation Group's average total tangible assets for the quarter that ended in Dec. 2025 was 円14,429 Mil. Therefore, Future Innovation Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 6.28%.
The historical rank and industry rank for Future Innovation Group's Return-on-Tangible-Asset or its related term are showing as below:
FSE:4392'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.6 Med: 1.83 Max: 5.35
Current: 5.35
During the past 8 years, Future Innovation Group's highest Return-on-Tangible-Asset was 5.35%. The lowest was -7.60%. And the median was 1.83%.
FSE:4392's Return-on-Tangible-Asset is ranked better than 68.48% of 2500
companies
in the Hardware industry
Industry Median: 2.465
vs FSE:4392: 5.35
Future Innovation Group (FSE:4392) 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.
Future Innovation Group Return-on-Tangible-Asset Related Terms
Future Innovation Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Future Innovation Group'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.
Future Innovation Group Return-on-Tangible-Asset Chart
FSE:4392 vs CSCO, MSI, HPE: Return-on-Tangible-Asset Comparison
For the Communication Equipment subindustry, Future Innovation Group'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.
Future Innovation Group Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Future Innovation Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Future Innovation Group'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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 6.28% mean?
Future Innovation Group (FSE:4392) has a Return-on-Tangible-Asset of 6.28% 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 Future Innovation Group and its competitors. This is 243% above median its historical median of 1.83. According to the industry distribution chart, Future Innovation Group ranks #788 out of 2500 companies in the Hardware industry, placing it in the top 31.5%.
Is Future Innovation Group's Return-on-Tangible-Asset too high?
Future Innovation Group's current Return-on-Tangible-Asset of 6.28% is 243% above median its 10-year median of 1.83. The Hardware industry median Return-on-Tangible-Asset is 2.47. Future Innovation Group's value of 6.28% is 154.8% above this industry median. Based on the distribution chart, Future Innovation Group ranks #788 out of 2500 companies in the Hardware industry, which is above the industry midpoint. Overall, Future Innovation Group has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Future Innovation Group's Return-on-Tangible-Asset compare to CSCO and MSI?
According to the Hardware industry distribution chart, Future Innovation Group ranks #788 out of 2500 companies for Return-on-Tangible-Asset. This puts Future Innovation Group in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.47. Future Innovation Group's value of 6.28% is 154.8% above this benchmark. While the company's 10-year median is 1.83 vs. the industry median of 2.47, Future Innovation Group 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.47, based on 2,500 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. Future Innovation Group's current Return-on-Tangible-Asset of 6.28% is 154.8% 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 Future Innovation Group and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Future Innovation Group's current Return-on-Tangible-Asset is 6.28%, which is 243% above median its own 10-year median of 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future Innovation Group stock overvalued right now?
Based on GuruFocus' analysis, Future Innovation Group (FSE:4392) is currently considered Significantly Overvalued. The stock's GF Value™ is 円562.98, compared to a current price of 円1,628.00 — trading 189.2% above its estimated fair value. The current Return-on-Tangible-Asset is 6.28%, which is 243% above median its 10-year median of 1.83 and 154.8% above the Hardware industry median of 2.47. Future Innovation Group's overall GF Score™ is 56/100 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 Future Innovation Group (FSE:4392), the current Return-on-Tangible-Asset is 6.28% 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 Future Innovation Group (FSE:4392) Overvalued in 2026?
Based on GuruFocus' analysis, Future Innovation Group stock appears to be overvalued.
The current stock price of 円1,628.00 is trading 189.2% above its estimated GF Value™ of 円562.98.
GuruFocus considers Future Innovation Group to be Significantly Overvalued.
Key valuation signals for FSE:4392:
Return-on-Tangible-Asset: 6.28% (243% above median its 10-year median of 1.83)
GF Value™: 円562.98 vs. price of 円1,628.00 (189.2% above fair value)
Industry Position: 154.8% above the Hardware median (#788 of 2500)
No single metric tells the full story. See the FSE:4392 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Future Innovation Group Inc is engaged in the sale and development of a mobile management system, accompanied by the communication, application services, and maintenance support. The company is also engaged in the management of business subsidiaries and all incidentals or any businesses related to sale and manufacturing of automobile mounting related equipment and manufacturing of molds for the semiconductor.
56GF Score
Get the complete analysis for FSE:4392
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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