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Kaneshita Construction CoTSE:1897 +1.46%57 Return-on-Tangible-Asset is 1.13% as of Dec. 2025, which is 3% below its 10-year median of 1.16. GuruFocus rates TSE:1897 with a GF Score™ of 57/100 and a GF Value™ of 円2,497.85 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,781 Construction companies, Kaneshita Construction Co ranks worse than 65.02% 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. Kaneshita Construction Co's annualizedNet Income for the quarter that ended in Dec. 2025 was 円260 Mil. Kaneshita Construction Co's average total tangible assets for the quarter that ended in Dec. 2025 was 円23,063 Mil. Therefore, Kaneshita Construction Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 1.13%.
The historical rank and industry rank for Kaneshita Construction Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:1897'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.23 Med: 1.16 Max: 2.34
Current: 1.04
During the past 13 years, Kaneshita Construction Co's highest Return-on-Tangible-Asset was 2.34%. The lowest was 0.23%. And the median was 1.16%.
TSE:1897's Return-on-Tangible-Asset is ranked worse than 65.02% of 1781
companies
in the Construction industry
Industry Median: 3.04
vs TSE:1897: 1.04
Kaneshita Construction Co (TSE:1897) 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.
Kaneshita Construction Co Return-on-Tangible-Asset Related Terms
Kaneshita Construction Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Kaneshita Construction 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.
Kaneshita Construction Co Return-on-Tangible-Asset Chart
TSE:1897 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Kaneshita Construction 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.
Kaneshita Construction Co Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Kaneshita Construction Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Kaneshita Construction 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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 1.13% mean?
Kaneshita Construction Co (TSE:1897) has a Return-on-Tangible-Asset of 1.13% 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 Kaneshita Construction Co and its competitors. This is near median its historical median of 1.16. Over the past decade, Kaneshita Construction Co's Return-on-Tangible-Asset has ranged from 0.23 to 2.34. According to the industry distribution chart, Kaneshita Construction Co ranks #1158 out of 1781 companies in the Construction industry, placing it in the top 65%.
Is Kaneshita Construction Co's Return-on-Tangible-Asset too high?
Kaneshita Construction Co's current Return-on-Tangible-Asset of 1.13% is near median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 2.34. The Construction industry median Return-on-Tangible-Asset is 3.04. Kaneshita Construction Co's value of 1.13% is 62.8% below this industry median. Based on the distribution chart, Kaneshita Construction Co ranks #1158 out of 1781 companies in the Construction industry, which is below the industry midpoint. Overall, Kaneshita Construction Co has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kaneshita Construction Co's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Kaneshita Construction Co ranks #1158 out of 1781 companies for Return-on-Tangible-Asset. This places Kaneshita Construction Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.04. Kaneshita Construction Co's value of 1.13% is 62.8% below this benchmark. Historically, Kaneshita Construction Co's own Return-on-Tangible-Asset has ranged from 0.23 to 2.34 over the past decade. While the company's 10-year median is 1.16 vs. the industry median of 3.04, Kaneshita Construction Co has consistently been below 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 3.04, based on 1,781 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. Kaneshita Construction Co's current Return-on-Tangible-Asset of 1.13% is 62.8% below 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 Kaneshita Construction Co and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaneshita Construction Co's current Return-on-Tangible-Asset is 1.13%, which is near median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaneshita Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Kaneshita Construction Co (TSE:1897) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,497.85, compared to a current price of 円3,130.00 — trading 25.3% above its estimated fair value. The current Return-on-Tangible-Asset is 1.13%, which is near median its 10-year median of 1.16 and 62.8% below the Construction industry median of 3.04. Kaneshita Construction Co's overall GF Score™ is 57/100 with 5 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 Kaneshita Construction Co (TSE:1897), the current Return-on-Tangible-Asset is 1.13% 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 Kaneshita Construction Co (TSE:1897) Overvalued in 2026?
Based on GuruFocus' analysis, Kaneshita Construction Co stock appears to be overvalued.
The current stock price of 円3,130.00 is trading 25.3% above its estimated GF Value™ of 円2,497.85.
GuruFocus considers Kaneshita Construction Co to be Modestly Overvalued.
Key valuation signals for TSE:1897:
Return-on-Tangible-Asset: 1.13% (near median its 10-year median of 1.16)
GF Value™: 円2,497.85 vs. price of 円3,130.00 (25.3% above fair value)
Industry Position: 62.8% below the Construction median (#1158 of 1781)
No single metric tells the full story. See the TSE:1897 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kaneshita Construction Co Ltd is a construction company. It provides survey, research, design, and construction of civil engineering projects, construction supervision and intermediate treatment of industrial wastes.
57GF Score
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