SysmexSSMXF +5.89%69 Return-on-Tangible-Asset is 1.17% as of Mar. 2026, which is 89% below its 10-year median of 10.81. GuruFocus rates SSMXF with a GF Score™ of 69/100 and a GF Value™ of $17.87 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 855 Medical Devices & Instruments companies, Sysmex ranks better than 69.94% 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. Sysmex's annualizedNet Income for the quarter that ended in Mar. 2026 was $44 Mil. Sysmex's average total tangible assets for the quarter that ended in Mar. 2026 was $3,814 Mil. Therefore, Sysmex's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.17%.
The historical rank and industry rank for Sysmex's Return-on-Tangible-Asset or its related term are showing as below:
SSMXF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.07 Med: 10.81 Max: 16.57
Current: 6.22
During the past 13 years, Sysmex's highest Return-on-Tangible-Asset was 16.57%. The lowest was 6.07%. And the median was 10.81%.
SSMXF's Return-on-Tangible-Asset is ranked better than 69.94% of 855
companies
in the Medical Devices & Instruments industry
Industry Median: 0.62
vs SSMXF: 6.22
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.
Sysmex Return-on-Tangible-Asset Related Terms
Sysmex Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sysmex'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.
SSMXF vs ABT, SYK, MDT: Return-on-Tangible-Asset Comparison
For the Medical Devices subindustry, Sysmex'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.
Sysmex Return-on-Tangible-Asset vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Sysmex's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sysmex'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 1.17% mean?
Sysmex (SSMXF) has a Return-on-Tangible-Asset of 1.17% 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 Sysmex and its competitors. This is 89% below median its historical median of 10.81. Over the past decade, Sysmex's Return-on-Tangible-Asset has ranged from 6.07 to 16.57. According to the industry distribution chart, Sysmex ranks #257 out of 855 companies in the Medical Devices & Instruments industry, placing it in the top 30.1%.
Is Sysmex's Return-on-Tangible-Asset too high?
Sysmex's current Return-on-Tangible-Asset of 1.17% is 89% below median its 10-year median of 10.81. Over the past 10 years, this metric has ranged from a low of 6.07 to a high of 16.57. The Medical Devices & Instruments industry median Return-on-Tangible-Asset is 0.62. Sysmex's value of 1.17% is 88.7% above this industry median. Based on the distribution chart, Sysmex ranks #257 out of 855 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Sysmex has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sysmex's Return-on-Tangible-Asset compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Sysmex ranks #257 out of 855 companies for Return-on-Tangible-Asset. This puts Sysmex in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.62. Sysmex's value of 1.17% is 88.7% above this benchmark. Historically, Sysmex's own Return-on-Tangible-Asset has ranged from 6.07 to 16.57 over the past decade. While the company's 10-year median is 10.81 vs. the industry median of 0.62, Sysmex 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 Medical Devices & Instruments company?
The median Return-on-Tangible-Asset among Medical Devices & Instruments companies is 0.62, based on 855 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. Sysmex's current Return-on-Tangible-Asset of 1.17% is 88.7% 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 Sysmex and its competitors. For the Medical Devices & Instruments industry, the median Return-on-Tangible-Asset is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sysmex's current Return-on-Tangible-Asset is 1.17%, which is 89% below median its own 10-year median of 10.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sysmex stock overvalued right now?
Based on GuruFocus' analysis, Sysmex (SSMXF) is currently considered Significantly Undervalued. The stock's GF Value™ is $17.87, compared to a current price of $8.85 — trading 50.5% below its estimated fair value. The current Return-on-Tangible-Asset is 1.17%, which is 89% below median its 10-year median of 10.81 and 88.7% above the Medical Devices & Instruments industry median of 0.62. Sysmex's overall GF Score™ is 69/100 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 Sysmex (SSMXF), the current Return-on-Tangible-Asset is 1.17% 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 Sysmex (SSMXF) Overvalued in 2026?
Based on GuruFocus' analysis, Sysmex stock appears to be undervalued.
The current stock price of $8.85 is trading 50.5% below its estimated GF Value™ of $17.87.
GuruFocus considers Sysmex to be Significantly Undervalued.
Key valuation signals for SSMXF:
Return-on-Tangible-Asset: 1.17% (89% below median its 10-year median of 10.81)
GF Value™: $17.87 vs. price of $8.85 (50.5% below fair value)
Industry Position: 88.7% above the Medical Devices & Instruments median (#257 of 855)
No single metric tells the full story. See the SSMXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sysmex Corp manufactures and sells laboratory testing equipment and reagents. It conducts product development, manufacturing, sales, and service activities in domestic markets, while certain products are also developed, manufactured, and sold through its subsidiaries. The company operates through five reportable segments based on headquarters: Head Office Management, Americas Headquarters, EMEA Headquarters, China Headquarters, and AP Headquarters.
69GF Score
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