Minebea MitsumiMINBY -7.30%65 Return-on-Tangible-Asset is 11.55% as of Mar. 2026, which is 84% above its 10-year median of 6.29. GuruFocus rates MINBY with a GF Score™ of 65/100 and a GF Value™ of $20.68 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 2,497 Hardware companies, Minebea Mitsumi ranks better than 72.57% 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. Minebea Mitsumi's annualizedNet Income for the quarter that ended in Mar. 2026 was $1,252 Mil. Minebea Mitsumi's average total tangible assets for the quarter that ended in Mar. 2026 was $10,836 Mil. Therefore, Minebea Mitsumi's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 11.55%.
The historical rank and industry rank for Minebea Mitsumi's Return-on-Tangible-Asset or its related term are showing as below:
MINBY'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.18 Med: 6.29 Max: 8.53
Current: 6.14
During the past 13 years, Minebea Mitsumi's highest Return-on-Tangible-Asset was 8.53%. The lowest was 4.18%. And the median was 6.29%.
MINBY's Return-on-Tangible-Asset is ranked better than 72.57% of 2497
companies
in the Hardware industry
Industry Median: 2.43
vs MINBY: 6.14
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.
Minebea Mitsumi Return-on-Tangible-Asset Related Terms
Minebea Mitsumi Return-on-Tangible-Asset Historical Data
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The historical data trend for Minebea Mitsumi'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.
MINBY vs APH, GLW: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Minebea Mitsumi'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.
Minebea Mitsumi Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Minebea Mitsumi's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Minebea Mitsumi'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 11.55% mean?
Minebea Mitsumi (MINBY) has a Return-on-Tangible-Asset of 11.55% 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 Minebea Mitsumi and its competitors. This is 84% above median its historical median of 6.29. Over the past decade, Minebea Mitsumi's Return-on-Tangible-Asset has ranged from 4.18 to 8.53. According to the industry distribution chart, Minebea Mitsumi ranks #685 out of 2497 companies in the Hardware industry, placing it in the top 27.4%.
Is Minebea Mitsumi's Return-on-Tangible-Asset too high?
Minebea Mitsumi's current Return-on-Tangible-Asset of 11.55% is 84% above median its 10-year median of 6.29. Over the past 10 years, this metric has ranged from a low of 4.18 to a high of 8.53. The Hardware industry median Return-on-Tangible-Asset is 2.43. Minebea Mitsumi's value of 11.55% is 375.3% above this industry median. Based on the distribution chart, Minebea Mitsumi ranks #685 out of 2497 companies in the Hardware industry, which is above the industry midpoint. Overall, Minebea Mitsumi has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Minebea Mitsumi's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Minebea Mitsumi ranks #685 out of 2497 companies for Return-on-Tangible-Asset. This puts Minebea Mitsumi in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.43. Minebea Mitsumi's value of 11.55% is 375.3% above this benchmark. Historically, Minebea Mitsumi's own Return-on-Tangible-Asset has ranged from 4.18 to 8.53 over the past decade. While the company's 10-year median is 6.29 vs. the industry median of 2.43, Minebea Mitsumi 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.43, based on 2,497 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. Minebea Mitsumi's current Return-on-Tangible-Asset of 11.55% is 375.3% 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 Minebea Mitsumi and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minebea Mitsumi's current Return-on-Tangible-Asset is 11.55%, which is 84% above median its own 10-year median of 6.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minebea Mitsumi stock overvalued right now?
Based on GuruFocus' analysis, Minebea Mitsumi (MINBY) is currently considered Modestly Overvalued. The stock's GF Value™ is $20.68, compared to a current price of $26.09 — trading 26.2% above its estimated fair value. The current Return-on-Tangible-Asset is 11.55%, which is 84% above median its 10-year median of 6.29 and 375.3% above the Hardware industry median of 2.43. Minebea Mitsumi's overall GF Score™ is 65/100 with 8 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 Minebea Mitsumi (MINBY), the current Return-on-Tangible-Asset is 11.55% 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 Minebea Mitsumi (MINBY) Overvalued in 2026?
Based on GuruFocus' analysis, Minebea Mitsumi stock appears to be overvalued.
The current stock price of $26.09 is trading 26.2% above its estimated GF Value™ of $20.68.
GuruFocus considers Minebea Mitsumi to be Modestly Overvalued.
Key valuation signals for MINBY:
Return-on-Tangible-Asset: 11.55% (84% above median its 10-year median of 6.29)
GF Value™: $20.68 vs. price of $26.09 (26.2% above fair value)
Industry Position: 375.3% above the Hardware median (#685 of 2497)
No single metric tells the full story. See the MINBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Minebea Mitsumi Inc is an electronic components company. The company operates through four segments. The Access Solutions segment handles automotive parts such as key sets, door latches, and handles, as well as industrial equipment parts. The Motor Lighting & Sensing segment offers small motors, electronic devices, optical components, sensing devices, and specialized equipment. The Precision Technologies segment focuses on ultra-precision machined parts, including bearings, pivot assemblies, and aircraft screws. The Semiconductor & Electronics segment provides semiconductor devices, optical devices, mechanical components, power supply components, and smart products. It generates the majority of its revenue from the Semiconductor & Electronics segment.
65GF Score
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