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Kawasaki Heavy IndustriesKWHIF -0.74%84 Return-on-Tangible-Asset is 5.20% as of Mar. 2026, which is 231% above its 10-year median of 1.57. GuruFocus rates KWHIF with a GF Scoreâ„¢ of 84/100 and a GF Valueâ„¢ of $9.79 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 570 Conglomerates companies, Kawasaki Heavy Industries ranks better than 58.42% 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. Kawasaki Heavy Industries's annualizedNet Income for the quarter that ended in Mar. 2026 was $1,066 Mil. Kawasaki Heavy Industries's average total tangible assets for the quarter that ended in Mar. 2026 was $20,501 Mil. Therefore, Kawasaki Heavy Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.20%.
The historical rank and industry rank for Kawasaki Heavy Industries's Return-on-Tangible-Asset or its related term are showing as below:
KWHIF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1 Med: 1.57 Max: 3.54
Current: 3.54
During the past 13 years, Kawasaki Heavy Industries's highest Return-on-Tangible-Asset was 3.54%. The lowest was -1.00%. And the median was 1.57%.
KWHIF's Return-on-Tangible-Asset is ranked better than 58.42% of 570
companies
in the Conglomerates industry
Industry Median: 2.735
vs KWHIF: 3.54
Kawasaki Heavy Industries (OTCPK:KWHIF) 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.
Kawasaki Heavy Industries Return-on-Tangible-Asset Related Terms
Kawasaki Heavy Industries Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Kawasaki Heavy Industries'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.
Kawasaki Heavy Industries Return-on-Tangible-Asset Chart
KWHIF vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Conglomerates subindustry, Kawasaki Heavy Industries'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.
Kawasaki Heavy Industries Return-on-Tangible-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Kawasaki Heavy Industries's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Kawasaki Heavy Industries'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 5.20% mean?
Kawasaki Heavy Industries (KWHIF) has a Return-on-Tangible-Asset of 5.20% 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 Kawasaki Heavy Industries and its competitors. This is 231% above median its historical median of 1.57. According to the industry distribution chart, Kawasaki Heavy Industries ranks #237 out of 570 companies in the Conglomerates industry, placing it in the top 41.6%.
Is Kawasaki Heavy Industries' Return-on-Tangible-Asset too high?
Kawasaki Heavy Industries' current Return-on-Tangible-Asset of 5.20% is 231% above median its 10-year median of 1.57. The Conglomerates industry median Return-on-Tangible-Asset is 2.74. Kawasaki Heavy Industries' value of 5.20% is 90.1% above this industry median. Based on the distribution chart, Kawasaki Heavy Industries ranks #237 out of 570 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Kawasaki Heavy Industries has a GF Scoreâ„¢ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kawasaki Heavy Industries' Return-on-Tangible-Asset compare to GEV and ETN?
According to the Conglomerates industry distribution chart, Kawasaki Heavy Industries ranks #237 out of 570 companies for Return-on-Tangible-Asset. This puts Kawasaki Heavy Industries in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.74. Kawasaki Heavy Industries' value of 5.20% is 90.1% above this benchmark. While the company's 10-year median is 1.57 vs. the industry median of 2.74, Kawasaki Heavy Industries 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 Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.74, based on 570 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. Kawasaki Heavy Industries's current Return-on-Tangible-Asset of 5.20% is 90.1% 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 Kawasaki Heavy Industries and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kawasaki Heavy Industries's current Return-on-Tangible-Asset is 5.20%, which is 231% above median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kawasaki Heavy Industries stock overvalued right now?
Based on GuruFocus' analysis, Kawasaki Heavy Industries (KWHIF) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.79, compared to a current price of $16.88 — trading 72.4% above its estimated fair value. The current Return-on-Tangible-Asset is 5.20%, which is 231% above median its 10-year median of 1.57 and 90.1% above the Conglomerates industry median of 2.74. Kawasaki Heavy Industries' overall GF Score™ is 84/100 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 Kawasaki Heavy Industries (KWHIF), the current Return-on-Tangible-Asset is 5.20% 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 Kawasaki Heavy Industries (KWHIF) Overvalued in 2026?
Based on GuruFocus' analysis, Kawasaki Heavy Industries stock appears to be overvalued.
The current stock price of $16.88 is trading 72.4% above its estimated GF Value™ of $9.79.
GuruFocus considers Kawasaki Heavy Industries to be Significantly Overvalued.
Key valuation signals for KWHIF:
Return-on-Tangible-Asset: 5.20% (231% above median its 10-year median of 1.57)
GF Value™: $9.79 vs. price of $16.88 (72.4% above fair value)
Industry Position: 90.1% above the Conglomerates median (#237 of 570)
No single metric tells the full story. See the KWHIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kawasaki Heavy Industries Ltd is a Japan-based conglomerate with operations in aerospace, marine, and vehicles. The company operates through six segments. The Aerospace Systems segment manufactures and sells aircraft, engines, and space-related equipment. The Energy Solutions & Marine segment provides energy equipment, hydrogen systems, marine propulsion, plants, ships, and crushers. The Power Sports & Engine segment produces motorcycles, off-road vehicles, personal watercraft, and general-purpose engines. The Precision Machinery and Robots segment offers hydraulic equipment and industrial robots. The Vehicle segment manufactures railway vehicles and snow removal machinery. The Other segment covers commerce mediation, sales, orders, and welfare facility management.
84GF Score
Get the complete analysis for KWHIF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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