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Takasago Thermal Engineering CoTKSNF 78 Return-on-Tangible-Asset is 6.68% as of Mar. 2026, which is 41% above its 10-year median of 4.74. GuruFocus rates TKSNF with a GF Score™ of 78/100 and a GF Value™ of $25.25 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,783 Construction companies, Takasago Thermal Engineering Co ranks better than 88.45% on this metric.
The historical rank and industry rank for Takasago Thermal Engineering Co's Return-on-Tangible-Asset or its related term are showing as below:
TKSNF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.79 Med: 4.74 Max: 11.23
Current: 11.23
During the past 13 years, Takasago Thermal Engineering Co's highest Return-on-Tangible-Asset was 11.23%. The lowest was 3.79%. And the median was 4.74%.
TKSNF's Return-on-Tangible-Asset is ranked better than 88.45% of 1783
companies
in the Construction industry
Industry Median: 3.05
vs TKSNF: 11.23
Takasago Thermal Engineering Co (OTCPK:TKSNF) 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.
Takasago Thermal Engineering Co Return-on-Tangible-Asset Related Terms
Takasago Thermal Engineering 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.
Takasago Thermal Engineering Co Return-on-Tangible-Asset Chart
TKSNF vs TT, JCI, CARR: Return-on-Tangible-Asset Comparison
For the Building Products & Equipment subindustry, Takasago Thermal Engineering 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.
Takasago Thermal Engineering Co Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Takasago Thermal Engineering Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Takasago Thermal Engineering 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 6.68% mean?
Takasago Thermal Engineering Co (TKSNF) has a Return-on-Tangible-Asset of 6.68% 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 Takasago Thermal Engineering Co and its competitors. This is 41% above median its historical median of 4.74. Over the past decade, Takasago Thermal Engineering Co's Return-on-Tangible-Asset has ranged from 3.79 to 11.23. According to the industry distribution chart, Takasago Thermal Engineering Co ranks #206 out of 1783 companies in the Construction industry, placing it in the top 11.6%.
Is Takasago Thermal Engineering Co's Return-on-Tangible-Asset too high?
Takasago Thermal Engineering Co's current Return-on-Tangible-Asset of 6.68% is 41% above median its 10-year median of 4.74. Over the past 10 years, this metric has ranged from a low of 3.79 to a high of 11.23. The Construction industry median Return-on-Tangible-Asset is 3.05. Takasago Thermal Engineering Co's value of 6.68% is 119% above this industry median. Based on the distribution chart, Takasago Thermal Engineering Co ranks #206 out of 1783 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Takasago Thermal Engineering Co has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Takasago Thermal Engineering Co's Return-on-Tangible-Asset compare to TT and JCI?
According to the Construction industry distribution chart, Takasago Thermal Engineering Co ranks #206 out of 1783 companies for Return-on-Tangible-Asset. This places Takasago Thermal Engineering Co in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.05. Takasago Thermal Engineering Co's value of 6.68% is 119% above this benchmark. Historically, Takasago Thermal Engineering Co's own Return-on-Tangible-Asset has ranged from 3.79 to 11.23 over the past decade. While the company's 10-year median is 4.74 vs. the industry median of 3.05, Takasago Thermal Engineering 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 3.05, based on 1,783 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. Takasago Thermal Engineering Co's current Return-on-Tangible-Asset of 6.68% is 119% 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 Takasago Thermal Engineering Co and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Takasago Thermal Engineering Co's current Return-on-Tangible-Asset is 6.68%, which is 41% above median its own 10-year median of 4.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Takasago Thermal Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Takasago Thermal Engineering Co (TKSNF) is currently considered Modestly Overvalued. The stock's GF Value™ is $25.25, compared to a current price of $28.56 — trading 13.1% above its estimated fair value. The current Return-on-Tangible-Asset is 6.68%, which is 41% above median its 10-year median of 4.74 and 119% above the Construction industry median of 3.05. Takasago Thermal Engineering Co's overall GF Score™ is 78/100 with 1 warning sign 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 Takasago Thermal Engineering Co (TKSNF), the current Return-on-Tangible-Asset is 6.68% 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 Takasago Thermal Engineering Co (TKSNF) Overvalued in 2026?
Based on GuruFocus' analysis, Takasago Thermal Engineering Co stock appears to be overvalued.
The current stock price of $28.56 is trading 13.1% above its estimated GF Value™ of $25.25.
GuruFocus considers Takasago Thermal Engineering Co to be Modestly Overvalued.
Key valuation signals for TKSNF:
Return-on-Tangible-Asset: 6.68% (41% above median its 10-year median of 4.74)
GF Value™: $25.25 vs. price of $28.56 (13.1% above fair value)
Industry Position: 119% above the Construction median (#206 of 1783)
No single metric tells the full story. See the TKSNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Takasago Thermal Engineering Co Business Description
Takasago Thermal Engineering Co Ltd is a Japan-based company that designs, constructs, manufactures, and installs heating, ventilation, and air conditioning, or HVAC, systems, clean room and related systems, plumbing and sanitation systems, cogeneration systems, electrical systems, instrumentation systems, equipment diagnosis/failure diagnosis systems, dehumidifying/drying systems, vacuum conveying systems for waste, discharged-heat recovery systems, heating/cooling systems, refrigerating/freezing systems, other types of environmental control systems and thermal engineering systems, and so on. In addition, the company is engaged in coordinating construction work, security, and cleaning, with further focus on energy supply, power generation, and water treatment.
78GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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