Takigami Steel Construction Co (NGO:5918) Return-on-Tangible-Asset: 0.23% (As of Mar. 2026) — 83% Below Median

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NGO:5918 Takigami Steel Construction Co Ltd NGO:5918
75 GF Score
Price 円7,400.00
GF Value 円7,477.38
! 7 Warning Signs
View Full Analysis

What is Takigami Steel Construction Co Return-on-Tangible-Asset?

Takigami Steel Construction Co NGO:5918 75 Return-on-Tangible-Asset is 0.23% as of Mar. 2026, which is 83% below its 10-year median of 1.39. GuruFocus rates NGO:5918 with a GF Score™ of 75/100 and a GF Value™ of 円7,477.38. The stock has 7 warning signs investors should review. Among 1,792 Construction companies, Takigami Steel Construction Co ranks better than 52.34% 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. Takigami Steel Construction Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円164 Mil. Takigami Steel Construction Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円71,742 Mil. Therefore, Takigami Steel Construction Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.23%.

The historical rank and industry rank for Takigami Steel Construction Co's Return-on-Tangible-Asset or its related term are showing as below:

NGO:5918' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.24   Med: 1.39   Max: 3.4
Current: 3.4

During the past 13 years, Takigami Steel Construction Co's highest Return-on-Tangible-Asset was 3.40%. The lowest was 0.24%. And the median was 1.39%.

NGO:5918's Return-on-Tangible-Asset is ranked better than
52.34% of 1792 companies
in the Construction industry
Industry Median: 3.07 vs NGO:5918: 3.40

Takigami Steel Construction Co  (NGO:5918) 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 company’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 company’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.


Takigami Steel Construction Co Return-on-Tangible-Asset Related Terms


Takigami Steel Construction Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Takigami Steel Construction 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.

Takigami Steel Construction Co Return-on-Tangible-Asset Chart

Takigami Steel Construction Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 2.05 1.81 0.33 1.39

Takigami Steel Construction Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.21 0.16 3.10 0.23 9.60

NGO:5918 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison

For the Engineering & Construction subindustry, Takigami Steel Construction 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.


Takigami Steel Construction Co Return-on-Tangible-Asset vs Construction Industry

For the Construction industry and Industrials sector, Takigami Steel Construction Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Takigami Steel Construction Co's Return-on-Tangible-Asset falls into.


NGO:5918
75GF Score
Takigami Steel Construction Co Ltd NGO:5918
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Takigami Steel Construction Co Return-on-Tangible-Asset Calculation

Takigami Steel Construction Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=953/( (64113+72863)/ 2 )
=953/68488
=1.39 %

Takigami Steel Construction Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=164/( (70620+72863)/ 2 )
=164/71741.5
=0.23 %

* 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 0.23% mean?
Takigami Steel Construction Co (NGO:5918) has a Return-on-Tangible-Asset of 0.23% 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 Takigami Steel Construction Co and its competitors. This is 83% below median its historical median of 1.39. Over the past decade, Takigami Steel Construction Co's Return-on-Tangible-Asset has ranged from 0.24 to 3.40. According to the industry distribution chart, Takigami Steel Construction Co ranks #854 out of 1792 companies in the Construction industry, placing it in the top 47.7%.
Is Takigami Steel Construction Co's Return-on-Tangible-Asset too high?
Takigami Steel Construction Co's current Return-on-Tangible-Asset of 0.23% is 83% below median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 3.40. The Construction industry median Return-on-Tangible-Asset is 3.07. Takigami Steel Construction Co's value of 0.23% is 92.5% below this industry median. Based on the distribution chart, Takigami Steel Construction Co ranks #854 out of 1792 companies in the Construction industry, which is above the industry midpoint. Overall, Takigami Steel Construction Co has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Takigami Steel Construction Co's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Takigami Steel Construction Co ranks #854 out of 1792 companies for Return-on-Tangible-Asset. This puts Takigami Steel Construction Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.07. Takigami Steel Construction Co's value of 0.23% is 92.5% below this benchmark. Historically, Takigami Steel Construction Co's own Return-on-Tangible-Asset has ranged from 0.24 to 3.40 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 3.07, Takigami Steel Construction Co has consistently been below 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 3.07, based on 1,792 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. Takigami Steel Construction Co's current Return-on-Tangible-Asset of 0.23% is 92.5% below 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 Takigami Steel Construction Co and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Takigami Steel Construction Co's current Return-on-Tangible-Asset is 0.23%, which is 83% below median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Takigami Steel Construction Co stock overvalued right now?
Takigami Steel Construction Co (NGO:5918) has a current Return-on-Tangible-Asset of 0.23%. The stock's GF Value™ is 円7,477.38, compared to a current price of 円7,400.00 — trading 1% below its estimated fair value. The current Return-on-Tangible-Asset is 0.23%, which is 83% below median its 10-year median of 1.39 and 92.5% below the Construction industry median of 3.07. Takigami Steel Construction Co's overall GF Score™ is 75/100 with 7 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 Takigami Steel Construction Co (NGO:5918), the current Return-on-Tangible-Asset is 0.23% 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 Takigami Steel Construction Co (NGO:5918) Overvalued in 2026?

Based on GuruFocus' analysis, Takigami Steel Construction Co stock appears to be undervalued. The current stock price of 円7,400.00 is trading 1% below its estimated GF Value™ of 円7,477.38.

Key valuation signals for NGO:5918:

  • Return-on-Tangible-Asset: 0.23% (83% below median its 10-year median of 1.39)
  • GF Value™: 円7,477.38 vs. price of 円7,400.00 (1% below fair value)
  • GF Score™: 75/100 with 7 warning signs
  • Industry Position: 92.5% below the Construction median (#854 of 1792)

No single metric tells the full story. See the NGO:5918 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Takigami Steel Construction Co Business Description

Other Exchanges 5918:Japan
Address 1-1 Shinmei town Handa, Aichi, JPN, 475-0826
Takigami Steel Construction Co Ltd is engaged in designing, manufacturing, and construction of bridges, steel frames, steel towers, and other steel structures.
75GF Score

Get the complete analysis for NGO:5918

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円7,400.00
Price
円7,477.38
GF Value