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Hokkai Electrical Construction CoSSE:1832 +1.27%64 Return-on-Tangible-Asset is 13.14% as of Mar. 2026, which is 402% above its 10-year median of 2.62. GuruFocus rates SSE:1832 with a GF Score™ of 64/100 and a GF Value™ of 円952.46 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,788 Construction companies, Hokkai Electrical Construction Co ranks better than 81.66% on this metric.
The historical rank and industry rank for Hokkai Electrical Construction Co's Return-on-Tangible-Asset or its related term are showing as below:
SSE:1832'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.45 Med: 2.62 Max: 8.82
Current: 8.82
During the past 13 years, Hokkai Electrical Construction Co's highest Return-on-Tangible-Asset was 8.82%. The lowest was 1.45%. And the median was 2.62%.
SSE:1832's Return-on-Tangible-Asset is ranked better than 81.66% of 1788
companies
in the Construction industry
Industry Median: 3.095
vs SSE:1832: 8.82
Hokkai Electrical Construction Co (SSE:1832) 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.
Hokkai Electrical Construction Co Return-on-Tangible-Asset Related Terms
Hokkai Electrical Construction Co Return-on-Tangible-Asset Historical Data
* 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.
Hokkai Electrical Construction Co Return-on-Tangible-Asset Chart
SSE:1832 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Hokkai Electrical 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.
Hokkai Electrical Construction Co Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Hokkai Electrical Construction Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hokkai Electrical Construction 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 13.14% mean?
Hokkai Electrical Construction Co (SSE:1832) has a Return-on-Tangible-Asset of 13.14% 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 Hokkai Electrical Construction Co and its competitors. This is 402% above median its historical median of 2.62. Over the past decade, Hokkai Electrical Construction Co's Return-on-Tangible-Asset has ranged from 1.45 to 8.82. According to the industry distribution chart, Hokkai Electrical Construction Co ranks #328 out of 1788 companies in the Construction industry, placing it in the top 18.3%.
Is Hokkai Electrical Construction Co's Return-on-Tangible-Asset too high?
Hokkai Electrical Construction Co's current Return-on-Tangible-Asset of 13.14% is 402% above median its 10-year median of 2.62. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 8.82. The Construction industry median Return-on-Tangible-Asset is 3.10. Hokkai Electrical Construction Co's value of 13.14% is 324.6% above this industry median. Based on the distribution chart, Hokkai Electrical Construction Co ranks #328 out of 1788 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Hokkai Electrical Construction Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokkai Electrical Construction Co's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Hokkai Electrical Construction Co ranks #328 out of 1788 companies for Return-on-Tangible-Asset. This places Hokkai Electrical Construction Co in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.10. Hokkai Electrical Construction Co's value of 13.14% is 324.6% above this benchmark. Historically, Hokkai Electrical Construction Co's own Return-on-Tangible-Asset has ranged from 1.45 to 8.82 over the past decade. While the company's 10-year median is 2.62 vs. the industry median of 3.10, Hokkai Electrical Construction 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.10, based on 1,788 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. Hokkai Electrical Construction Co's current Return-on-Tangible-Asset of 13.14% is 324.6% 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 Hokkai Electrical Construction Co and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokkai Electrical Construction Co's current Return-on-Tangible-Asset is 13.14%, which is 402% above median its own 10-year median of 2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokkai Electrical Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Hokkai Electrical Construction Co (SSE:1832) is currently considered Significantly Overvalued. The stock's GF Value™ is 円952.46, compared to a current price of 円1,437.00 — trading 50.9% above its estimated fair value. The current Return-on-Tangible-Asset is 13.14%, which is 402% above median its 10-year median of 2.62 and 324.6% above the Construction industry median of 3.10. Hokkai Electrical Construction Co's overall GF Score™ is 64/100 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 Hokkai Electrical Construction Co (SSE:1832), the current Return-on-Tangible-Asset is 13.14% 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 Hokkai Electrical Construction Co (SSE:1832) Overvalued in 2026?
Based on GuruFocus' analysis, Hokkai Electrical Construction Co stock appears to be overvalued.
The current stock price of 円1,437.00 is trading 50.9% above its estimated GF Value™ of 円952.46.
GuruFocus considers Hokkai Electrical Construction Co to be Significantly Overvalued.
Key valuation signals for SSE:1832:
Return-on-Tangible-Asset: 13.14% (402% above median its 10-year median of 2.62)
GF Value™: 円952.46 vs. price of 円1,437.00 (50.9% above fair value)
Industry Position: 324.6% above the Construction median (#328 of 1788)
No single metric tells the full story. See the SSE:1832 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hokkai Electrical Construction Co Inc manufactures electrical equipment and mechanical equipment. The company also manufactures power generation equipment such as photovoltaic power generation and wind power generation, interconnection equipment of low pressure, high pressure, special high pressure for interconnecting to the electric power system, and system requirement equipment such as storage battery installation. The company provides power distribution facility and telecommunications network facility.
64GF Score
Get the complete analysis for SSE:1832
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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