TOTOTOTDF -8.68%63 Return-on-Tangible-Asset is 6.05% as of Mar. 2026, which is 10% above its 10-year median of 5.51. GuruFocus rates TOTDF with a GF Score™ of 63/100 and a GF Value™ of $26.74 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,779 Construction companies, TOTO ranks better than 65.04% 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. TOTO's annualizedNet Income for the quarter that ended in Mar. 2026 was $295 Mil. TOTO's average total tangible assets for the quarter that ended in Mar. 2026 was $4,880 Mil. Therefore, TOTO's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.05%.
The historical rank and industry rank for TOTO's Return-on-Tangible-Asset or its related term are showing as below:
TOTDF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.59 Med: 5.51 Max: 6.78
Current: 5.33
During the past 13 years, TOTO's highest Return-on-Tangible-Asset was 6.78%. The lowest was 1.59%. And the median was 5.51%.
TOTDF's Return-on-Tangible-Asset is ranked better than 65.04% of 1779
companies
in the Construction industry
Industry Median: 3.02
vs TOTDF: 5.33
TOTO (OTCPK:TOTDF) 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.
TOTO Return-on-Tangible-Asset Related Terms
TOTO Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for TOTO'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.
TOTDF vs TT, JCI, CARR: Return-on-Tangible-Asset Comparison
For the Building Products & Equipment subindustry, TOTO'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.
TOTO Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, TOTO's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where TOTO'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 6.05% mean?
TOTO (TOTDF) has a Return-on-Tangible-Asset of 6.05% 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 TOTO and its competitors. This is 10% above median its historical median of 5.51. Over the past decade, TOTO's Return-on-Tangible-Asset has ranged from 1.59 to 6.78. According to the industry distribution chart, TOTO ranks #622 out of 1779 companies in the Construction industry, placing it in the top 35%.
Is TOTO's Return-on-Tangible-Asset too high?
TOTO's current Return-on-Tangible-Asset of 6.05% is 10% above median its 10-year median of 5.51. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 6.78. The Construction industry median Return-on-Tangible-Asset is 3.02. TOTO's value of 6.05% is 100.3% above this industry median. Based on the distribution chart, TOTO ranks #622 out of 1779 companies in the Construction industry, which is above the industry midpoint. Overall, TOTO has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOTO's Return-on-Tangible-Asset compare to TT and JCI?
According to the Construction industry distribution chart, TOTO ranks #622 out of 1779 companies for Return-on-Tangible-Asset. This puts TOTO in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.02. TOTO's value of 6.05% is 100.3% above this benchmark. Historically, TOTO's own Return-on-Tangible-Asset has ranged from 1.59 to 6.78 over the past decade. While the company's 10-year median is 5.51 vs. the industry median of 3.02, TOTO 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 3.02, based on 1,779 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. TOTO's current Return-on-Tangible-Asset of 6.05% is 100.3% 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 TOTO and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOTO's current Return-on-Tangible-Asset is 6.05%, which is 10% above median its own 10-year median of 5.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOTO stock overvalued right now?
Based on GuruFocus' analysis, TOTO (TOTDF) is currently considered Significantly Overvalued. The stock's GF Value™ is $26.74, compared to a current price of $50.41 — trading 88.5% above its estimated fair value. The current Return-on-Tangible-Asset is 6.05%, which is 10% above median its 10-year median of 5.51 and 100.3% above the Construction industry median of 3.02. TOTO's overall GF Score™ is 63/100 with 8 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 TOTO (TOTDF), the current Return-on-Tangible-Asset is 6.05% 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 TOTO (TOTDF) Overvalued in 2026?
Based on GuruFocus' analysis, TOTO stock appears to be overvalued.
The current stock price of $50.41 is trading 88.5% above its estimated GF Value™ of $26.74.
GuruFocus considers TOTO to be Significantly Overvalued.
Key valuation signals for TOTDF:
Return-on-Tangible-Asset: 6.05% (10% above median its 10-year median of 5.51)
GF Value™: $26.74 vs. price of $50.41 (88.5% above fair value)
Industry Position: 100.3% above the Construction median (#622 of 1779)
No single metric tells the full story. See the TOTDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TOTO Ltd manufactures and sells bathroom materials for maintenance, improvement, construction, and home improvement projects. The company's product portfolio includes toilets, urinals, sinks, plumbing accessories, bathtubs, unit bathrooms, faucets, drain fittings, marble counters, and electric water heaters, and others.. The firm organizes itself based on geography and operates through six business segments, which include the Japan Housing Equipment Business segment, the Mainland China Business segment, the Asia and Oceania Business segment, the Americas Business segment, the Europe Business segment, and the New field business - Ceramic business.. It generates the majority of its revenue from the Japan Housing Equipment Business segment.
63GF 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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