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JGC HoldingsJGCCF -0.16%68 Return-on-Tangible-Asset is 5.77% as of Mar. 2026, which is 736% above its 10-year median of 0.69. GuruFocus rates JGCCF with a GF Score™ of 68/100 and a GF Value™ of $8.94. The stock has 3 warning signs investors should review. Among 1,783 Construction companies, JGC Holdings ranks better than 65.11% 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. JGC Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was $301 Mil. JGC Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was $5,213 Mil. Therefore, JGC Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.77%.
The historical rank and industry rank for JGC Holdings's Return-on-Tangible-Asset or its related term are showing as below:
JGCCF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.15 Med: 0.69 Max: 5.35
Current: 5.35
During the past 13 years, JGC Holdings's highest Return-on-Tangible-Asset was 5.35%. The lowest was -5.15%. And the median was 0.69%.
JGCCF's Return-on-Tangible-Asset is ranked better than 65.11% of 1783
companies
in the Construction industry
Industry Median: 3.05
vs JGCCF: 5.35
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.
JGC Holdings Return-on-Tangible-Asset Related Terms
JGC Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for JGC 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.
JGCCF vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, JGC 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.
JGC Holdings Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, JGC Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where JGC 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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 5.77% mean?
JGC Holdings (JGCCF) has a Return-on-Tangible-Asset of 5.77% 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 JGC Holdings and its competitors. This is 736% above median its historical median of 0.69. According to the industry distribution chart, JGC Holdings ranks #622 out of 1783 companies in the Construction industry, placing it in the top 34.9%.
Is JGC Holdings' Return-on-Tangible-Asset too high?
JGC Holdings' current Return-on-Tangible-Asset of 5.77% is 736% above median its 10-year median of 0.69. The Construction industry median Return-on-Tangible-Asset is 3.05. JGC Holdings' value of 5.77% is 89.2% above this industry median. Based on the distribution chart, JGC Holdings ranks #622 out of 1783 companies in the Construction industry, which is above the industry midpoint. Overall, JGC Holdings has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does JGC Holdings' Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, JGC Holdings ranks #622 out of 1783 companies for Return-on-Tangible-Asset. This puts JGC Holdings in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.05. JGC Holdings' value of 5.77% is 89.2% above this benchmark. While the company's 10-year median is 0.69 vs. the industry median of 3.05, JGC 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.05, based on 1,783 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. JGC Holdings's current Return-on-Tangible-Asset of 5.77% is 89.2% 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 JGC Holdings and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JGC Holdings's current Return-on-Tangible-Asset is 5.77%, which is 736% above median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JGC Holdings stock overvalued right now?
JGC Holdings (JGCCF) has a current Return-on-Tangible-Asset of 5.77%. The stock's GF Value™ is $8.94, compared to a current price of $15.18 — trading 69.7% above its estimated fair value. The current Return-on-Tangible-Asset is 5.77%, which is 736% above median its 10-year median of 0.69 and 89.2% above the Construction industry median of 3.05. JGC Holdings' overall GF Score™ is 68/100 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 JGC Holdings (JGCCF), the current Return-on-Tangible-Asset is 5.77% 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 JGC Holdings (JGCCF) Overvalued in 2026?
Based on GuruFocus' analysis, JGC Holdings stock appears to be overvalued.
The current stock price of $15.18 is trading 69.7% above its estimated GF Value™ of $8.94.
Key valuation signals for JGCCF:
Return-on-Tangible-Asset: 5.77% (736% above median its 10-year median of 0.69)
GF Value™: $8.94 vs. price of $15.18 (69.7% above fair value)
Industry Position: 89.2% above the Construction median (#622 of 1783)
No single metric tells the full story. See the JGCCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JGC Holdings Corp is a Japan-based company engaged in providing infrastructure construction services. The company operates through two segments. The Comprehensive Engineering segment provides EPC services including design, procurement, construction, and commissioning of equipment and facilities for petroleum, oil refining, petrochemicals, gas, and LNG. The Functional Materials Manufacturing segment produces and sells catalysts, nanoparticle technology products, clean and safety materials, electronic materials, high-performance ceramics, and next-generation energy solutions. The Others segment includes consulting, office support, desalination, and crude oil and gas production and sales. It generates the majority of its revenue from the Comprehensive engineering segment.
68GF Score
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