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Siglent Technologies CoSHSE:688112 -3.95%93 Return-on-Tangible-Asset is 12.09% as of Jun. 2026, which is 26% above its 10-year median of 9.57. GuruFocus rates SHSE:688112 with a GF Score™ of 93/100 and a GF Value™ of ¥50.06 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,491 Hardware companies, Siglent Technologies Co ranks better than 81.37% 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. Siglent Technologies Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥213.8 Mil. Siglent Technologies Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥1,767.8 Mil. Therefore, Siglent Technologies Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 12.09%.
The historical rank and industry rank for Siglent Technologies Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:688112'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.72 Med: 9.57 Max: 31.04
Current: 9.12
During the past 9 years, Siglent Technologies Co's highest Return-on-Tangible-Asset was 31.04%. The lowest was 6.72%. And the median was 9.57%.
SHSE:688112's Return-on-Tangible-Asset is ranked better than 81.37% of 2491
companies
in the Hardware industry
Industry Median: 2.91
vs SHSE:688112: 9.12
Siglent Technologies Co (SHSE:688112) 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.
Siglent Technologies Co Return-on-Tangible-Asset Related Terms
Siglent Technologies Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Siglent Technologies 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.
Siglent Technologies Co Return-on-Tangible-Asset Chart
SHSE:688112 vs GRMN, COHR, KEYS: Return-on-Tangible-Asset Comparison
For the Scientific & Technical Instruments subindustry, Siglent Technologies 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.
Siglent Technologies Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Siglent Technologies Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Siglent Technologies 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 12.09% mean?
Siglent Technologies Co (SHSE:688112) has a Return-on-Tangible-Asset of 12.09% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Siglent Technologies Co and its competitors. This is 26% above median its historical median of 9.57. Over the past decade, Siglent Technologies Co's Return-on-Tangible-Asset has ranged from 6.72 to 31.04. According to the industry distribution chart, Siglent Technologies Co ranks #464 out of 2491 companies in the Hardware industry, placing it in the top 18.6%.
Is Siglent Technologies Co's Return-on-Tangible-Asset too high?
Siglent Technologies Co's current Return-on-Tangible-Asset of 12.09% is 26% above median its 10-year median of 9.57. Over the past 10 years, this metric has ranged from a low of 6.72 to a high of 31.04. The Hardware industry median Return-on-Tangible-Asset is 2.91. Siglent Technologies Co's value of 12.09% is 315.5% above this industry median. Based on the distribution chart, Siglent Technologies Co ranks #464 out of 2491 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Siglent Technologies Co has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Siglent Technologies Co's Return-on-Tangible-Asset compare to GRMN and COHR?
According to the Hardware industry distribution chart, Siglent Technologies Co ranks #464 out of 2491 companies for Return-on-Tangible-Asset. This places Siglent Technologies Co in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.91. Siglent Technologies Co's value of 12.09% is 315.5% above this benchmark. Historically, Siglent Technologies Co's own Return-on-Tangible-Asset has ranged from 6.72 to 31.04 over the past decade. While the company's 10-year median is 9.57 vs. the industry median of 2.91, Siglent Technologies 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.91, based on 2,491 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. Siglent Technologies Co's current Return-on-Tangible-Asset of 12.09% is 315.5% 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 Siglent Technologies Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siglent Technologies Co's current Return-on-Tangible-Asset is 12.09%, which is 26% above median its own 10-year median of 9.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siglent Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Siglent Technologies Co (SHSE:688112) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥50.06, compared to a current price of ¥64.00 — trading 27.8% above its estimated fair value. The current Return-on-Tangible-Asset is 12.09%, which is 26% above median its 10-year median of 9.57 and 315.5% above the Hardware industry median of 2.91. Siglent Technologies Co's overall GF Score™ is 93/100 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 Siglent Technologies Co (SHSE:688112), the current Return-on-Tangible-Asset is 12.09% as of Jun. 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 Siglent Technologies Co (SHSE:688112) Overvalued in 2026?
Based on GuruFocus' analysis, Siglent Technologies Co stock appears to be overvalued.
The current stock price of ¥64.00 is trading 27.8% above its estimated GF Value™ of ¥50.06.
GuruFocus considers Siglent Technologies Co to be Modestly Overvalued.
Key valuation signals for SHSE:688112:
Return-on-Tangible-Asset: 12.09% (26% above median its 10-year median of 9.57)
GF Value™: ¥50.06 vs. price of ¥64.00 (27.8% above fair value)
Industry Position: 315.5% above the Hardware median (#464 of 2491)
No single metric tells the full story. See the SHSE:688112 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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