Takihyo Co (NGO:9982) Return-on-Tangible-Asset: 2.82% (As of Feb. 2026) — 315% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NGO:9982 Takihyo Co Ltd NGO:9982
63 GF Score
Price 円950.00
GF Value 円609.98
! 2 Warning Signs
View Full Analysis

What is Takihyo Co Return-on-Tangible-Asset?

Takihyo Co NGO:9982 63 Return-on-Tangible-Asset is 2.82% as of Feb. 2026, which is 315% above its 10-year median of 0.68. GuruFocus rates NGO:9982 with a GF Score™ of 63/100 and a GF Value™ of 円609.98. The stock has 2 warning signs investors should review. Among 1,069 Manufacturing - Apparel & Accessories companies, Takihyo Co ranks better than 61.27% 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. Takihyo Co's annualized Net Income for the quarter that ended in Feb. 2026 was 円1,372 Mil. Takihyo Co's average total tangible assets for the quarter that ended in Feb. 2026 was 円48,611 Mil. Therefore, Takihyo Co's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 2.82%.

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

NGO:9982' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.42   Med: 0.68   Max: 3.86
Current: 3.36

During the past 13 years, Takihyo Co's highest Return-on-Tangible-Asset was 3.86%. The lowest was -4.42%. And the median was 0.68%.

NGO:9982's Return-on-Tangible-Asset is ranked better than
61.27% of 1069 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2 vs NGO:9982: 3.36

Takihyo Co  (NGO:9982) 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.


Takihyo Co Return-on-Tangible-Asset Related Terms


Takihyo Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Takihyo 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.

Takihyo Co Return-on-Tangible-Asset Chart

Takihyo Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.42 -0.60 1.61 2.32 3.30

Takihyo Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 1.57 1.84 2.95 3.97 2.82

NGO:9982 vs RL, LEVI, VFC: Return-on-Tangible-Asset Comparison

For the Apparel Manufacturing subindustry, Takihyo 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.


Takihyo Co Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Takihyo Co's Return-on-Tangible-Asset distribution charts can be found below:

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


NGO:9982
63GF Score
Takihyo Co Ltd NGO:9982
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Takihyo Co Return-on-Tangible-Asset Calculation

Takihyo Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Feb. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=1615/( (47124+50649)/ 2 )
=1615/48886.5
=3.30 %

Takihyo Co's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=1372/( (46572+50649)/ 2 )
=1372/48610.5
=2.82 %

* 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 (Feb. 2026) net income data.

What does a Return-on-Tangible-Asset of 2.82% mean?
Takihyo Co (NGO:9982) has a Return-on-Tangible-Asset of 2.82% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Takihyo Co and its competitors. This is 315% above median its historical median of 0.68. According to the industry distribution chart, Takihyo Co ranks #414 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 38.7%.
Is Takihyo Co's Return-on-Tangible-Asset too high?
Takihyo Co's current Return-on-Tangible-Asset of 2.82% is 315% above median its 10-year median of 0.68. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 2.00. Takihyo Co's value of 2.82% is 41% above this industry median. Based on the distribution chart, Takihyo Co ranks #414 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Takihyo Co has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Takihyo Co's Return-on-Tangible-Asset compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Takihyo Co ranks #414 out of 1069 companies for Return-on-Tangible-Asset. This puts Takihyo Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.00. Takihyo Co's value of 2.82% is 41% above this benchmark. While the company's 10-year median is 0.68 vs. the industry median of 2.00, Takihyo Co 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.00, based on 1,069 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. Takihyo Co's current Return-on-Tangible-Asset of 2.82% is 41% 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 Takihyo Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Takihyo Co's current Return-on-Tangible-Asset is 2.82%, which is 315% above median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Takihyo Co stock overvalued right now?
Takihyo Co (NGO:9982) has a current Return-on-Tangible-Asset of 2.82%. The stock's GF Value™ is 円609.98, compared to a current price of 円950.00 — trading 55.7% above its estimated fair value. The current Return-on-Tangible-Asset is 2.82%, which is 315% above median its 10-year median of 0.68 and 41% above the Manufacturing - Apparel & Accessories industry median of 2.00. Takihyo Co's overall GF Score™ is 63/100 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 Takihyo Co (NGO:9982), the current Return-on-Tangible-Asset is 2.82% as of Feb. 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 Takihyo Co (NGO:9982) Overvalued in 2026?

Based on GuruFocus' analysis, Takihyo Co stock appears to be overvalued. The current stock price of 円950.00 is trading 55.7% above its estimated GF Value™ of 円609.98.

Key valuation signals for NGO:9982:

  • Return-on-Tangible-Asset: 2.82% (315% above median its 10-year median of 0.68)
  • GF Value™: 円609.98 vs. price of 円950.00 (55.7% above fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 41% above the Manufacturing - Apparel & Accessories median (#414 of 1069)

No single metric tells the full story. See the NGO:9982 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Takihyo Co Business Description

Other Exchanges 9982:Japan
Address 6-1 Ushijima-cho, 23, 24 Floor Nagoya Lucent Tower, Nishi-ku, Aichi, Nagoya, JPN, 451-8688
Takihyo Co Ltd is engaged in apparel, textile, retail, lifestyle-related and real estate businesses. It has three reportable segments namely Apparel and Textiles, Rental Business, and Others. The company generates maximum revenue from the Apparel and Textiles segment. Its Apparel and Textiles segment is engaged in planning, manufacturing and selling of ladies apparel, baby and kids apparel, homewear, and textiles. The Rental Business segment is engaged in leasing and management of the real estate, and leasing of office automation equipment and others.
63GF Score

Get the complete analysis for NGO:9982

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

円950.00
Price
円609.98
GF Value