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IKD CoSHSE:600933 +0.59%85 Return-on-Tangible-Asset is 5.35% as of Mar. 2026, which is 38% below its 10-year median of 8.68. GuruFocus rates SHSE:600933 with a GF Score™ of 85/100 and a GF Value™ of ¥22.81 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,334 Vehicles & Parts companies, IKD Co ranks better than 76.69% 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. IKD Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥876 Mil. IKD Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥16,380 Mil. Therefore, IKD Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.35%.
The historical rank and industry rank for IKD Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:600933'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.35 Med: 8.68 Max: 23.61
Current: 7.3
During the past 13 years, IKD Co's highest Return-on-Tangible-Asset was 23.61%. The lowest was 5.35%. And the median was 8.68%.
SHSE:600933's Return-on-Tangible-Asset is ranked better than 76.69% of 1334
companies
in the Vehicles & Parts industry
Industry Median: 3.35
vs SHSE:600933: 7.30
IKD Co (SHSE:600933) 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 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.
IKD Co Return-on-Tangible-Asset Related Terms
IKD Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for IKD 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.
SHSE:600933 vs ORLY, AZO: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, IKD 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.
IKD Co Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, IKD Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where IKD Co'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 5.35% mean?
IKD Co (SHSE:600933) has a Return-on-Tangible-Asset of 5.35% 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 IKD Co and its competitors. This is 38% below median its historical median of 8.68. Over the past decade, IKD Co's Return-on-Tangible-Asset has ranged from 5.35 to 23.61. According to the industry distribution chart, IKD Co ranks #311 out of 1334 companies in the Vehicles & Parts industry, placing it in the top 23.3%.
Is IKD Co's Return-on-Tangible-Asset too high?
IKD Co's current Return-on-Tangible-Asset of 5.35% is 38% below median its 10-year median of 8.68. Over the past 10 years, this metric has ranged from a low of 5.35 to a high of 23.61. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.35. IKD Co's value of 5.35% is 59.7% above this industry median. Based on the distribution chart, IKD Co ranks #311 out of 1334 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, IKD Co has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IKD Co's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, IKD Co ranks #311 out of 1334 companies for Return-on-Tangible-Asset. This places IKD Co in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.35. IKD Co's value of 5.35% is 59.7% above this benchmark. Historically, IKD Co's own Return-on-Tangible-Asset has ranged from 5.35 to 23.61 over the past decade. While the company's 10-year median is 8.68 vs. the industry median of 3.35, IKD 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.35, based on 1,334 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. IKD Co's current Return-on-Tangible-Asset of 5.35% is 59.7% 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 IKD Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IKD Co's current Return-on-Tangible-Asset is 5.35%, which is 38% below median its own 10-year median of 8.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IKD Co stock overvalued right now?
Based on GuruFocus' analysis, IKD Co (SHSE:600933) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥22.81, compared to a current price of ¥13.73 — trading 39.8% below its estimated fair value. The current Return-on-Tangible-Asset is 5.35%, which is 38% below median its 10-year median of 8.68 and 59.7% above the Vehicles & Parts industry median of 3.35. IKD Co's overall GF Score™ is 85/100 with 5 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 IKD Co (SHSE:600933), the current Return-on-Tangible-Asset is 5.35% 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 IKD Co (SHSE:600933) Overvalued in 2026?
Based on GuruFocus' analysis, IKD Co stock appears to be undervalued.
The current stock price of ¥13.73 is trading 39.8% below its estimated GF Value™ of ¥22.81.
GuruFocus considers IKD Co to be Significantly Undervalued.
Key valuation signals for SHSE:600933:
Return-on-Tangible-Asset: 5.35% (38% below median its 10-year median of 8.68)
GF Value™: ¥22.81 vs. price of ¥13.73 (39.8% below fair value)
Industry Position: 59.7% above the Vehicles & Parts median (#311 of 1334)
No single metric tells the full story. See the SHSE:600933 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IKD Co Ltd is engaged in manufacturing of aluminum die casting products. The company is mainly engaged in the research and development, production and sales of automotive aluminum alloy precision casting. The production process covers the whole process of the design and development of die-casting tooling, die casting, trimming, heat treatment, precision machining, surface treatment and assembly. Its main products include automotive wiper system, transmission system, steering system, engine system, air condition system, commercial vehicle braking system.
85GF Score
Get the complete analysis for SHSE:600933
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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