FUBAF (Futaba) Return-on-Tangible-Asset: 5.34% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FUBAF Futaba Corp FUBAF
49 GF Score
Price $3.87
GF Value $2.72
! 2 Warning Signs
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What is Futaba Return-on-Tangible-Asset?

Futaba FUBAF 49 Return-on-Tangible-Asset is 5.34% as of Mar. 2026. GuruFocus rates FUBAF with a GF Score™ of 49/100 and a GF Value™ of $2.72. The stock has 2 warning signs investors should review. Among 2,505 Hardware companies, Futaba ranks worse than 50.02% 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. Futaba's annualized Net Income for the quarter that ended in Mar. 2026 was $36.5 Mil. Futaba's average total tangible assets for the quarter that ended in Mar. 2026 was $684.3 Mil. Therefore, Futaba's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.34%.

The historical rank and industry rank for Futaba's Return-on-Tangible-Asset or its related term are showing as below:

FUBAF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -12.37   Med: -2.26   Max: 2.43
Current: 2.43

During the past 13 years, Futaba's highest Return-on-Tangible-Asset was 2.43%. The lowest was -12.37%. And the median was -2.26%.

FUBAF's Return-on-Tangible-Asset is ranked worse than
50.02% of 2505 companies
in the Hardware industry
Industry Median: 2.43 vs FUBAF: 2.43

Futaba  (OTCPK:FUBAF) 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 company’s 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 company’s 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.


Futaba Return-on-Tangible-Asset Related Terms


Futaba Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Futaba'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.

Futaba Return-on-Tangible-Asset Chart

Futaba Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.56 -3.33 -1.74 -0.28 2.34

Futaba Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.39 -2.15 -0.70 6.64 5.34

FUBAF vs APH, GLW: Return-on-Tangible-Asset Comparison

For the Electronic Components subindustry, Futaba'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.


Futaba Return-on-Tangible-Asset vs Hardware Industry

For the Hardware industry and Technology sector, Futaba's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Futaba's Return-on-Tangible-Asset falls into.


FUBAF
49GF Score
Futaba Corp FUBAF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Futaba Return-on-Tangible-Asset Calculation

Futaba's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=15.893/( (673.867+683.042)/ 2 )
=15.893/678.4545
=2.34 %

Futaba's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=36.524/( (685.649+683.042)/ 2 )
=36.524/684.3455
=5.34 %

* 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 5.34% mean?
Futaba (FUBAF) has a Return-on-Tangible-Asset of 5.34% 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 Futaba and its competitors. According to the industry distribution chart, Futaba ranks #1253 out of 2505 companies in the Hardware industry, placing it in the top 50%.
Is Futaba's Return-on-Tangible-Asset too high?
Futaba's current Return-on-Tangible-Asset is 5.34%. The Hardware industry median Return-on-Tangible-Asset is 2.43. Futaba's value of 5.34% is 119.8% above this industry median. Based on the distribution chart, Futaba ranks #1253 out of 2505 companies in the Hardware industry, which is above the industry midpoint. Overall, Futaba has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Futaba's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Futaba ranks #1253 out of 2505 companies for Return-on-Tangible-Asset. This puts Futaba in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.43. Futaba's value of 5.34% is 119.8% above this benchmark. 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 2.43, based on 2,505 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. Futaba's current Return-on-Tangible-Asset of 5.34% is 119.8% 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 Futaba and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Futaba's current Return-on-Tangible-Asset is 5.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Futaba stock overvalued right now?
Futaba (FUBAF) has a current Return-on-Tangible-Asset of 5.34%. The stock's GF Value™ is $2.72, compared to a current price of $3.87 — trading 42.3% above its estimated fair value. The current Return-on-Tangible-Asset is 5.34% and 119.8% above the Hardware industry median of 2.43. Futaba's overall GF Score™ is 49/100 with 2 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 Futaba (FUBAF), the current Return-on-Tangible-Asset is 5.34% 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 Futaba (FUBAF) Overvalued in 2026?

Based on GuruFocus' analysis, Futaba stock appears to be overvalued. The current stock price of $3.87 is trading 42.3% above its estimated GF Value™ of $2.72.

Key valuation signals for FUBAF:

  • Return-on-Tangible-Asset: 5.34%
  • GF Value™: $2.72 vs. price of $3.87 (42.3% above fair value)
  • GF Score™: 49/100 with 2 warning signs
  • Industry Position: 119.8% above the Hardware median (#1253 of 2505)

No single metric tells the full story. See the FUBAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Futaba Business Description

Other Exchanges 6986:Japan
Address 629 Oshiba, Chiba Prefecture, Mobara, JPN, 297-8588
Futaba Corp manufactures and sells vacuum fluorescent display for home, automotive and industrial applications mainly in Asia and rests from Japan, America, and Europe. The company operates in two business segments. The Electronic Devices segment which consists of Vaccum Fluorescent Displays(VFDs), VFD modules, Organic Light- Emitting Diode(OLEDs) and touch panels. The Machinery and Tooling segment which consists of the press die set components, mold-base components, precision plates and equipment for automation.
49GF Score

Get the complete analysis for FUBAF

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.87
Price
$2.72
GF Value