Cyberdyne (HAM:8C4) Return-on-Tangible-Asset: -0.31% (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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

HAM:8C4 Cyberdyne Inc HAM:8C4
80 GF Score
Price €1.19
GF Value €1.07
! 2 Warning Signs
View Full Analysis

What is Cyberdyne Return-on-Tangible-Asset?

Cyberdyne HAM:8C4 -2.30% 80 Return-on-Tangible-Asset is -0.31% as of Mar. 2026. GuruFocus rates HAM:8C4 with a GF Score™ of 80/100 and a GF Value™ of €1.07. The stock has 2 warning signs investors should review. Among 854 Medical Devices & Instruments companies, Cyberdyne ranks worse than 51.17% 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. Cyberdyne's annualized Net Income for the quarter that ended in Mar. 2026 was €-0.81 Mil. Cyberdyne's average total tangible assets for the quarter that ended in Mar. 2026 was €257.58 Mil. Therefore, Cyberdyne's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.31%.

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

HAM:8C4' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.09   Med: -1.13   Max: 0.33
Current: 0.33

During the past 13 years, Cyberdyne's highest Return-on-Tangible-Asset was 0.33%. The lowest was -3.09%. And the median was -1.13%.

HAM:8C4's Return-on-Tangible-Asset is ranked worse than
51.17% of 854 companies
in the Medical Devices & Instruments industry
Industry Median: 0.735 vs HAM:8C4: 0.33

Cyberdyne  (HAM:8C4) 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.


Cyberdyne Return-on-Tangible-Asset Related Terms


Cyberdyne Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Cyberdyne'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.

Cyberdyne Return-on-Tangible-Asset Chart

Cyberdyne 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 -1.04 -0.60 -2.90 -1.23 0.30

Cyberdyne 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 -1.64 2.10 -1.50 0.99 -0.31

HAM:8C4 vs ABT, SYK, MDT: Return-on-Tangible-Asset Comparison

For the Medical Devices subindustry, Cyberdyne'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.


Cyberdyne Return-on-Tangible-Asset vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Cyberdyne's Return-on-Tangible-Asset distribution charts can be found below:

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


HAM:8C4
80GF Score
Cyberdyne Inc HAM:8C4
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cyberdyne Return-on-Tangible-Asset Calculation

Cyberdyne'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 )
=0.834/( (290.028+257.086)/ 2 )
=0.834/273.557
=0.30 %

Cyberdyne'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 )
=-0.808/( (258.081+257.086)/ 2 )
=-0.808/257.5835
=-0.31 %

* 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 -0.31% mean?
Cyberdyne (HAM:8C4) has a Return-on-Tangible-Asset of -0.31% 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 Cyberdyne and its competitors. According to the industry distribution chart, Cyberdyne ranks #437 out of 854 companies in the Medical Devices & Instruments industry, placing it in the top 51.2%.
Is Cyberdyne's Return-on-Tangible-Asset too high?
Cyberdyne's current Return-on-Tangible-Asset is -0.31%. Based on the distribution chart, Cyberdyne ranks #437 out of 854 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Cyberdyne has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Cyberdyne's Return-on-Tangible-Asset compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Cyberdyne ranks #437 out of 854 companies for Return-on-Tangible-Asset. This places Cyberdyne in the lower half of its industry. The industry median Return-on-Tangible-Asset is 0.74. 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 0.74, based on 854 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. 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 Cyberdyne and its competitors. For the Medical Devices & Instruments industry, the median Return-on-Tangible-Asset is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cyberdyne's current Return-on-Tangible-Asset is -0.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cyberdyne stock overvalued right now?
Cyberdyne (HAM:8C4) has a current Return-on-Tangible-Asset of -0.31%. The stock's GF Value™ is €1.07, compared to a current price of €1.19 — trading 11.4% above its estimated fair value. The current Return-on-Tangible-Asset is -0.31%. Cyberdyne's overall GF Score™ is 80/100 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 Cyberdyne (HAM:8C4), the current Return-on-Tangible-Asset is -0.31% 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 Cyberdyne (HAM:8C4) Overvalued in 2026?

Based on GuruFocus' analysis, Cyberdyne stock appears to be overvalued. The current stock price of €1.19 is trading 11.4% above its estimated GF Value™ of €1.07.

Key valuation signals for HAM:8C4:

  • Return-on-Tangible-Asset: -0.31%
  • GF Value™: €1.07 vs. price of €1.19 (11.4% above fair value)
  • GF Score™: 80/100 with 2 warning signs

No single metric tells the full story. See the HAM:8C4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cyberdyne Business Description

Address D25-1, Gakuen Minami, Tsukuba-shi, Ibaraki, JPN, 305-0818
Cyberdyne Inc is a Japanese based company engaged in the research and development of medical welfare equipment and systems. It offers equipment and systems for rehabilitation support, body function support for elderly and disabled people, rescue support in disaster sites, entertainments, and heavy labor support in factories. Its products include Hybrid Assistive Limb (HAL) for the lower limb, single joint, lumbar, Table Interface and Cleaning Robots. In addition, it also offers services in respect to medical service and non-medical service which includes HAL therapy under medical service, and Hal fit and Robo care service under non-medical service.
80GF Score

Get the complete analysis for HAM:8C4

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

€1.19
Price
€1.07
GF Value