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T Hasegawa CoHASGF 93 Return-on-Tangible-Asset is 8.24% as of Mar. 2026, which is 60% above its 10-year median of 5.14. GuruFocus rates HASGF with a GF Score™ of 93/100 and a GF Value™ of $20.84. The stock has 3 warning signs investors should review. Among 1,612 Chemicals companies, T Hasegawa Co ranks better than 70.16% 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. T Hasegawa Co's annualizedNet Income for the quarter that ended in Mar. 2026 was $65.9 Mil. T Hasegawa Co's average total tangible assets for the quarter that ended in Mar. 2026 was $800.6 Mil. Therefore, T Hasegawa Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 8.24%.
The historical rank and industry rank for T Hasegawa Co's Return-on-Tangible-Asset or its related term are showing as below:
HASGF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.68 Med: 5.14 Max: 7.36
Current: 5.92
During the past 13 years, T Hasegawa Co's highest Return-on-Tangible-Asset was 7.36%. The lowest was 3.68%. And the median was 5.14%.
HASGF's Return-on-Tangible-Asset is ranked better than 70.16% of 1612
companies
in the Chemicals industry
Industry Median: 3.075
vs HASGF: 5.92
T Hasegawa Co (OTCPK:HASGF) 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.
T Hasegawa Co Return-on-Tangible-Asset Related Terms
T Hasegawa Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for T Hasegawa 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.
HASGF vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, T Hasegawa 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.
T Hasegawa Co Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, T Hasegawa Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where T Hasegawa 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 8.24% mean?
T Hasegawa Co (HASGF) has a Return-on-Tangible-Asset of 8.24% 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 T Hasegawa Co and its competitors. This is 60% above median its historical median of 5.14. Over the past decade, T Hasegawa Co's Return-on-Tangible-Asset has ranged from 3.68 to 7.36. According to the industry distribution chart, T Hasegawa Co ranks #481 out of 1612 companies in the Chemicals industry, placing it in the top 29.8%.
Is T Hasegawa Co's Return-on-Tangible-Asset too high?
T Hasegawa Co's current Return-on-Tangible-Asset of 8.24% is 60% above median its 10-year median of 5.14. Over the past 10 years, this metric has ranged from a low of 3.68 to a high of 7.36. The Chemicals industry median Return-on-Tangible-Asset is 3.08. T Hasegawa Co's value of 8.24% is 168% above this industry median. Based on the distribution chart, T Hasegawa Co ranks #481 out of 1612 companies in the Chemicals industry, which is above the industry midpoint. Overall, T Hasegawa Co has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does T Hasegawa Co's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, T Hasegawa Co ranks #481 out of 1612 companies for Return-on-Tangible-Asset. This puts T Hasegawa Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.08. T Hasegawa Co's value of 8.24% is 168% above this benchmark. Historically, T Hasegawa Co's own Return-on-Tangible-Asset has ranged from 3.68 to 7.36 over the past decade. While the company's 10-year median is 5.14 vs. the industry median of 3.08, T Hasegawa 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 a Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.08, based on 1,612 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. T Hasegawa Co's current Return-on-Tangible-Asset of 8.24% is 168% 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 T Hasegawa Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T Hasegawa Co's current Return-on-Tangible-Asset is 8.24%, which is 60% above median its own 10-year median of 5.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T Hasegawa Co stock overvalued right now?
T Hasegawa Co (HASGF) has a current Return-on-Tangible-Asset of 8.24%. The stock's GF Value™ is $20.84, compared to a current price of $19.82 — trading 4.9% below its estimated fair value. The current Return-on-Tangible-Asset is 8.24%, which is 60% above median its 10-year median of 5.14 and 168% above the Chemicals industry median of 3.08. T Hasegawa Co's overall GF Score™ is 93/100 with 3 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 T Hasegawa Co (HASGF), the current Return-on-Tangible-Asset is 8.24% 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 T Hasegawa Co (HASGF) Overvalued in 2026?
Based on GuruFocus' analysis, T Hasegawa Co stock appears to be undervalued.
The current stock price of $19.82 is trading 4.9% below its estimated GF Value™ of $20.84.
Key valuation signals for HASGF:
Return-on-Tangible-Asset: 8.24% (60% above median its 10-year median of 5.14)
GF Value™: $20.84 vs. price of $19.82 (4.9% below fair value)
Industry Position: 168% above the Chemicals median (#481 of 1612)
No single metric tells the full story. See the HASGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
T Hasegawa Co Ltd manufactures and sells flavors and fragrances in two segments based on product type. The flavors segment, which generates the majority of revenue, sells flavors used in beverages, desserts, confectioneries, chewing gum, dental cleaning products, and animal feed. The fragrances segment sells fragrances used in perfumes, skin-care and hair-care products, bath additives, detergents, fabric softeners, and air fresheners. The majority of revenue comes from Japan.
93GF Score
Get the complete analysis for HASGF
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