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.
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.
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. Johnson Electric Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was $138 Mil. Johnson Electric Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was $4,144 Mil. Therefore, Johnson Electric Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.32%.
The historical rank and industry rank for Johnson Electric Holdings's Return-on-Tangible-Asset or its related term are showing as below:
JELCF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -15.39 Med: 5.93 Max: 10.95
Current: 4.97
During the past 13 years, Johnson Electric Holdings's highest Return-on-Tangible-Asset was 10.95%. The lowest was -15.39%. And the median was 5.93%.
JELCF's Return-on-Tangible-Asset is ranked better than 63.86% of 1331
companies
in the Vehicles & Parts industry
Industry Median: 3.19
vs JELCF: 4.97
Johnson Electric Holdings (OTCPK:JELCF) 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 companyÂ’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 companyÂ’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.
Johnson Electric Holdings Return-on-Tangible-Asset Related Terms
Johnson Electric Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Johnson Electric Holdings'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.
Johnson Electric Holdings Return-on-Tangible-Asset Chart
JELCF vs ORLY, AZO: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Johnson Electric Holdings'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.
Johnson Electric Holdings Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Johnson Electric Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Johnson Electric Holdings'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.32% mean?
Johnson Electric Holdings (JELCF) has a Return-on-Tangible-Asset of 3.32% 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 Johnson Electric Holdings and its competitors. This is 44% below median its historical median of 5.93. According to the industry distribution chart, Johnson Electric Holdings ranks #481 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 36.1%.
Is Johnson Electric Holdings' Return-on-Tangible-Asset too high?
Johnson Electric Holdings' current Return-on-Tangible-Asset of 3.32% is 44% below median its 10-year median of 5.93. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.19. Johnson Electric Holdings' value of 3.32% is 4.1% above this industry median. Based on the distribution chart, Johnson Electric Holdings ranks #481 out of 1331 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Johnson Electric Holdings has a GF Scoreâ„¢ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Johnson Electric Holdings' Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Johnson Electric Holdings ranks #481 out of 1331 companies for Return-on-Tangible-Asset. This puts Johnson Electric Holdings in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.19. Johnson Electric Holdings' value of 3.32% is 4.1% above this benchmark. While the company's 10-year median is 5.93 vs. the industry median of 3.19, Johnson Electric Holdings 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.19, based on 1,331 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. Johnson Electric Holdings's current Return-on-Tangible-Asset of 3.32% is 4.1% 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 Johnson Electric Holdings and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Johnson Electric Holdings's current Return-on-Tangible-Asset is 3.32%, which is 44% below median its own 10-year median of 5.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Johnson Electric Holdings stock overvalued right now?
Johnson Electric Holdings (JELCF) has a current Return-on-Tangible-Asset of 3.32%. The stock's GF Value™ is $2.22, compared to a current price of $3.42 — trading 53.9% above its estimated fair value. The current Return-on-Tangible-Asset is 3.32%, which is 44% below median its 10-year median of 5.93 and 4.1% above the Vehicles & Parts industry median of 3.19. Johnson Electric Holdings' overall GF Score™ is 77/100 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 Johnson Electric Holdings (JELCF), the current Return-on-Tangible-Asset is 3.32% 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 Johnson Electric Holdings (JELCF) Overvalued in 2026?
Based on GuruFocus' analysis, Johnson Electric Holdings stock appears to be overvalued.
The current stock price of $3.42 is trading 53.9% above its estimated GF Value™ of $2.22.
Key valuation signals for JELCF:
Return-on-Tangible-Asset: 3.32% (44% below median its 10-year median of 5.93)
GF Value™: $2.22 vs. price of $3.42 (53.9% above fair value)
Industry Position: 4.1% above the Vehicles & Parts median (#481 of 1331)
No single metric tells the full story. See the JELCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Johnson Electric Holdings Ltd operates manufacturing plants and sales operations throughout the world. It operates through two business units: Automotive Products Group (APG) and Industry Products Group (IPG). APG provides custom motors, actuators, switches, and motion sub-system solutions for critical automotive motion-related functions, while IPG provides motion products and customized solutions for commercial and industrial applications. Its products include AC Motors, Actuators (Automotive), Automotive Cooling Fan Motors, eDrives, EV Chargers, Flat Flexible and Flex Circuits, Gearmotors, and others. Geographically, the company generates revenue from North America, the People's Republic of China, South America, Asia-Pacific, Europe, the Middle East, and Africa.
77GF Score
Get the complete analysis for JELCF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JELCF has been successfully added to your 
