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Tokyo Ohka Kogyo CoTOKCF 79 Return-on-Tangible-Asset is 13.94% as of Dec. 2025, which is 169% above its 10-year median of 5.18. GuruFocus rates TOKCF with a GF Score™ of 79/100 and a GF Value™ of $36.51 (Significantly Overvalued). Among 2,502 Hardware companies, Tokyo Ohka Kogyo Co ranks better than 91.05% 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. Tokyo Ohka Kogyo Co's annualizedNet Income for the quarter that ended in Dec. 2025 was $289 Mil. Tokyo Ohka Kogyo Co's average total tangible assets for the quarter that ended in Dec. 2025 was $2,076 Mil. Therefore, Tokyo Ohka Kogyo Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 13.94%.
The historical rank and industry rank for Tokyo Ohka Kogyo Co's Return-on-Tangible-Asset or its related term are showing as below:
TOKCF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.94 Med: 5.18 Max: 12.24
Current: 12.24
During the past 13 years, Tokyo Ohka Kogyo Co's highest Return-on-Tangible-Asset was 12.24%. The lowest was 2.94%. And the median was 5.18%.
TOKCF's Return-on-Tangible-Asset is ranked better than 91.05% of 2502
companies
in the Hardware industry
Industry Median: 2.44
vs TOKCF: 12.24
Tokyo Ohka Kogyo Co (OTCPK:TOKCF) 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.
Tokyo Ohka Kogyo Co Return-on-Tangible-Asset Related Terms
Tokyo Ohka Kogyo Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Tokyo Ohka Kogyo 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.
Tokyo Ohka Kogyo Co Return-on-Tangible-Asset Chart
TOKCF vs APH, GLW: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Tokyo Ohka Kogyo 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.
Tokyo Ohka Kogyo Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Tokyo Ohka Kogyo Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tokyo Ohka Kogyo 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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 13.94% mean?
Tokyo Ohka Kogyo Co (TOKCF) has a Return-on-Tangible-Asset of 13.94% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Tokyo Ohka Kogyo Co and its competitors. This is 169% above median its historical median of 5.18. Over the past decade, Tokyo Ohka Kogyo Co's Return-on-Tangible-Asset has ranged from 2.94 to 12.24. According to the industry distribution chart, Tokyo Ohka Kogyo Co ranks #224 out of 2502 companies in the Hardware industry, placing it in the top 9%.
Is Tokyo Ohka Kogyo Co's Return-on-Tangible-Asset too high?
Tokyo Ohka Kogyo Co's current Return-on-Tangible-Asset of 13.94% is 169% above median its 10-year median of 5.18. Over the past 10 years, this metric has ranged from a low of 2.94 to a high of 12.24. The Hardware industry median Return-on-Tangible-Asset is 2.44. Tokyo Ohka Kogyo Co's value of 13.94% is 471.3% above this industry median. Based on the distribution chart, Tokyo Ohka Kogyo Co ranks #224 out of 2502 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Tokyo Ohka Kogyo Co has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Ohka Kogyo Co's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Tokyo Ohka Kogyo Co ranks #224 out of 2502 companies for Return-on-Tangible-Asset. This places Tokyo Ohka Kogyo Co in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.44. Tokyo Ohka Kogyo Co's value of 13.94% is 471.3% above this benchmark. Historically, Tokyo Ohka Kogyo Co's own Return-on-Tangible-Asset has ranged from 2.94 to 12.24 over the past decade. While the company's 10-year median is 5.18 vs. the industry median of 2.44, Tokyo Ohka Kogyo 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 2.44, based on 2,502 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. Tokyo Ohka Kogyo Co's current Return-on-Tangible-Asset of 13.94% is 471.3% 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 Tokyo Ohka Kogyo Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Ohka Kogyo Co's current Return-on-Tangible-Asset is 13.94%, which is 169% above median its own 10-year median of 5.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Ohka Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Ohka Kogyo Co (TOKCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $36.51, compared to a current price of $71.73 — trading 96.5% above its estimated fair value. The current Return-on-Tangible-Asset is 13.94%, which is 169% above median its 10-year median of 5.18 and 471.3% above the Hardware industry median of 2.44. Tokyo Ohka Kogyo Co's overall GF Score™ is 79/100. 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 Tokyo Ohka Kogyo Co (TOKCF), the current Return-on-Tangible-Asset is 13.94% as of Dec. 2025. 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 Tokyo Ohka Kogyo Co (TOKCF) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Ohka Kogyo Co stock appears to be overvalued.
The current stock price of $71.73 is trading 96.5% above its estimated GF Value™ of $36.51.
GuruFocus considers Tokyo Ohka Kogyo Co to be Significantly Overvalued.
Key valuation signals for TOKCF:
Return-on-Tangible-Asset: 13.94% (169% above median its 10-year median of 5.18)
GF Value™: $36.51 vs. price of $71.73 (96.5% above fair value)
Industry Position: 471.3% above the Hardware median (#224 of 2502)
No single metric tells the full story. See the TOKCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Ohka Kogyo Co Ltd is a Japan-based company that manufactures functional materials and processing equipment. The processing equipment sold by the firm is mainly used in the manufacturing of semiconductors and liquid crystal display products. The materials used in the manufacturing of these products are also sold by the company, particularly for the photolithography process. The firm also sells inorganic and organic chemicals.
79GF Score
Get the complete analysis for TOKCF
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