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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. JESCO Holdings's annualizedNet Income for the quarter that ended in Feb. 2026 was 円0 Mil. JESCO Holdings's average total tangible assets for the quarter that ended in Feb. 2026 was 円17,365 Mil. Therefore, JESCO Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 0.00%.
The historical rank and industry rank for JESCO Holdings's Return-on-Tangible-Asset or its related term are showing as below:
TSE:1434'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.31 Med: 4.19 Max: 12.01
Current: 5.42
During the past 12 years, JESCO Holdings's highest Return-on-Tangible-Asset was 12.01%. The lowest was -1.31%. And the median was 4.19%.
TSE:1434's Return-on-Tangible-Asset is ranked better than 65.66% of 1788
companies
in the Construction industry
Industry Median: 3.085
vs TSE:1434: 5.42
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.
JESCO Holdings Return-on-Tangible-Asset Related Terms
JESCO Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for JESCO Holdings'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.
TSE:1434 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, JESCO Holdings'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.
JESCO Holdings Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, JESCO Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where JESCO Holdings'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 (Feb. 2026) net income data.
What does a Return-on-Tangible-Asset of 0.00% mean?
JESCO Holdings (TSE:1434) has a Return-on-Tangible-Asset of 0.00% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on JESCO Holdings and its competitors. According to the industry distribution chart, JESCO Holdings ranks #614 out of 1788 companies in the Construction industry, placing it in the top 34.3%.
Is JESCO Holdings' Return-on-Tangible-Asset too high?
JESCO Holdings' current Return-on-Tangible-Asset is 0.00%. Based on the distribution chart, JESCO Holdings ranks #614 out of 1788 companies in the Construction industry, which is above the industry midpoint. Overall, JESCO Holdings has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JESCO Holdings' Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, JESCO Holdings ranks #614 out of 1788 companies for Return-on-Tangible-Asset. This puts JESCO Holdings in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.09. 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 3.09, 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. 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 JESCO Holdings and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JESCO Holdings's current Return-on-Tangible-Asset is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JESCO Holdings stock overvalued right now?
Based on GuruFocus' analysis, JESCO Holdings (TSE:1434) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,409.94, compared to a current price of 円1,696.00 — trading 20.3% above its estimated fair value. The current Return-on-Tangible-Asset is 0.00%. JESCO Holdings' overall GF Score™ is 75/100 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 JESCO Holdings (TSE:1434), the current Return-on-Tangible-Asset is 0.00% as of Feb. 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 JESCO Holdings (TSE:1434) Overvalued in 2026?
Based on GuruFocus' analysis, JESCO Holdings stock appears to be overvalued.
The current stock price of 円1,696.00 is trading 20.3% above its estimated GF Value™ of 円1,409.94.
GuruFocus considers JESCO Holdings to be Modestly Overvalued.
Key valuation signals for TSE:1434:
Return-on-Tangible-Asset: 0.00%
GF Value™: 円1,409.94 vs. price of 円1,696.00 (20.3% above fair value)
No single metric tells the full story. See the TSE:1434 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JESCO Holdings Inc is an engineering technology company that handles the design, construction, maintenance, and maintenance related to the facilities of electricity and communication. It is engaged in engineering, procurement, and construction (EPC), Association of Southeast Asian Nations (ASEAN) EPC, and general media business. The ASEAN EPC project focuses on power plants, airports, factories, commercial facilities, and road accompaniment facilities. It also has integrated media business in which it sells large image equipment.
75GF Score
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