Japan Foundation Engineering Co (TSE:1914) Return-on-Tangible-Asset: 2.64% (As of Mar. 2026) — 61% Above Median

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TSE:1914 Japan Foundation Engineering Co Ltd TSE:1914
68 GF Score
Price 円723.00
GF Value 円666.03
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Japan Foundation Engineering Co Return-on-Tangible-Asset?

Japan Foundation Engineering Co TSE:1914 +0.14% 68 Return-on-Tangible-Asset is 2.64% as of Mar. 2026, which is 61% above its 10-year median of 1.64. GuruFocus rates TSE:1914 with a GF Score™ of 68/100 and a GF Value™ of 円666.03 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,788 Construction companies, Japan Foundation Engineering Co ranks better than 61.86% 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. Japan Foundation Engineering Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円1,001 Mil. Japan Foundation Engineering Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円37,851 Mil. Therefore, Japan Foundation Engineering Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.64%.

The historical rank and industry rank for Japan Foundation Engineering Co's Return-on-Tangible-Asset or its related term are showing as below:

TSE:1914' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.95   Med: 1.64   Max: 4.79
Current: 4.79

During the past 13 years, Japan Foundation Engineering Co's highest Return-on-Tangible-Asset was 4.79%. The lowest was -2.95%. And the median was 1.64%.

TSE:1914's Return-on-Tangible-Asset is ranked better than
61.86% of 1788 companies
in the Construction industry
Industry Median: 3.09 vs TSE:1914: 4.79

Japan Foundation Engineering Co  (TSE:1914) 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 company’s 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 company’s 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.


Japan Foundation Engineering Co Return-on-Tangible-Asset Related Terms


Japan Foundation Engineering Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Japan Foundation Engineering 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.

Japan Foundation Engineering Co Return-on-Tangible-Asset Chart

Japan Foundation Engineering Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.64 1.76 2.99 4.50 4.75

Japan Foundation Engineering Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 3.64 5.42 7.51 2.64

TSE:1914 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison

For the Engineering & Construction subindustry, Japan Foundation 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.


Japan Foundation Engineering Co Return-on-Tangible-Asset vs Construction Industry

For the Construction industry and Industrials sector, Japan Foundation Engineering Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Japan Foundation Engineering Co's Return-on-Tangible-Asset falls into.


TSE:1914
68GF Score
Japan Foundation Engineering Co Ltd TSE:1914
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Japan Foundation Engineering Co Return-on-Tangible-Asset Calculation

Japan Foundation Engineering Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=1659.537/( (31513.707+38351.179)/ 2 )
=1659.537/34932.443
=4.75 %

Japan Foundation Engineering Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1000.724/( (37350.088+38351.179)/ 2 )
=1000.724/37850.6335
=2.64 %

* 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 2.64% mean?
Japan Foundation Engineering Co (TSE:1914) has a Return-on-Tangible-Asset of 2.64% 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 Japan Foundation Engineering Co and its competitors. This is 61% above median its historical median of 1.64. According to the industry distribution chart, Japan Foundation Engineering Co ranks #682 out of 1788 companies in the Construction industry, placing it in the top 38.1%.
Is Japan Foundation Engineering Co's Return-on-Tangible-Asset too high?
Japan Foundation Engineering Co's current Return-on-Tangible-Asset of 2.64% is 61% above median its 10-year median of 1.64. The Construction industry median Return-on-Tangible-Asset is 3.09. Japan Foundation Engineering Co's value of 2.64% is 14.6% below this industry median. Based on the distribution chart, Japan Foundation Engineering Co ranks #682 out of 1788 companies in the Construction industry, which is above the industry midpoint. Overall, Japan Foundation Engineering Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Foundation Engineering Co's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Japan Foundation Engineering Co ranks #682 out of 1788 companies for Return-on-Tangible-Asset. This puts Japan Foundation Engineering Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.09. Japan Foundation Engineering Co's value of 2.64% is 14.6% below this benchmark. While the company's 10-year median is 1.64 vs. the industry median of 3.09, Japan Foundation Engineering 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 3.09, 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. Japan Foundation Engineering Co's current Return-on-Tangible-Asset of 2.64% is 14.6% 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 Japan Foundation Engineering Co 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. Japan Foundation Engineering Co's current Return-on-Tangible-Asset is 2.64%, which is 61% above median its own 10-year median of 1.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Foundation Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Japan Foundation Engineering Co (TSE:1914) is currently considered Fairly Valued. The stock's GF Value™ is 円666.03, compared to a current price of 円723.00 — trading 8.6% above its estimated fair value. The current Return-on-Tangible-Asset is 2.64%, which is 61% above median its 10-year median of 1.64 and 14.6% below the Construction industry median of 3.09. Japan Foundation Engineering Co's overall GF Score™ is 68/100 with 3 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 Japan Foundation Engineering Co (TSE:1914), the current Return-on-Tangible-Asset is 2.64% 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 Japan Foundation Engineering Co (TSE:1914) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Foundation Engineering Co stock appears to be overvalued. The current stock price of 円723.00 is trading 8.6% above its estimated GF Value™ of 円666.03. GuruFocus considers Japan Foundation Engineering Co to be Fairly Valued.

Key valuation signals for TSE:1914:

  • Return-on-Tangible-Asset: 2.64% (61% above median its 10-year median of 1.64)
  • GF Value™: 円666.03 vs. price of 円723.00 (8.6% above fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 14.6% below the Construction median (#682 of 1788)

No single metric tells the full story. See the TSE:1914 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Japan Foundation Engineering Co Business Description

Address 6-22 Matsugae-cho, Osaka, JPN
Japan Foundation Engineering Co Ltd is a Japan-based company engaged in the provisions of construction services. The company offers surface and physical exploration, hydrologic and geological and soil features surveys, in-site tests, grouting tests, hydrostatic pressure permeability tests, automatic surveillance, and analysis system for slopes and landslides and design and construction management services. Additionally, it also provides ground-reinforcing and environmental preservation works.
68GF Score

Get the complete analysis for TSE:1914

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円723.00
Price
円666.03
GF Value