Daiwa House Industry Co (TSE:1925) Return-on-Tangible-Asset: 6.38% (As of Mar. 2026) — 24% Above Median

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TSE:1925 Daiwa House Industry Co Ltd TSE:1925
76 GF Score
Price 円4,594.00
GF Value 円5,174.12
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Daiwa House Industry Co Return-on-Tangible-Asset?

Daiwa House Industry Co TSE:1925 +1.17% 76 Return-on-Tangible-Asset is 6.38% as of Mar. 2026, which is 24% above its 10-year median of 5.15. GuruFocus rates TSE:1925 with a GF Score™ of 76/100 and a GF Value™ of 円5,174.12 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,803 Real Estate companies, Daiwa House Industry Co ranks better than 76.87% 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. Daiwa House Industry Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円500,848 Mil. Daiwa House Industry Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円7,855,453 Mil. Therefore, Daiwa House Industry Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.38%.

The historical rank and industry rank for Daiwa House Industry Co's Return-on-Tangible-Asset or its related term are showing as below:

TSE:1925' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.14   Med: 5.15   Max: 6.39
Current: 4.77

During the past 13 years, Daiwa House Industry Co's highest Return-on-Tangible-Asset was 6.39%. The lowest was 4.14%. And the median was 5.15%.

TSE:1925's Return-on-Tangible-Asset is ranked better than
76.87% of 1803 companies
in the Real Estate industry
Industry Median: 1.76 vs TSE:1925: 4.77

Daiwa House Industry Co  (TSE:1925) 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.


Daiwa House Industry Co Return-on-Tangible-Asset Related Terms


Daiwa House Industry Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Daiwa House Industry 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.

Daiwa House Industry Co Return-on-Tangible-Asset Chart

Daiwa House Industry 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 4.39 5.46 4.87 4.93 4.71

Daiwa House Industry Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 5.20 4.40 3.47 4.72 6.38

Daiwa House Industry Co Return-on-Tangible-Asset Competitor Comparison

For the Real Estate - Development subindustry, Daiwa House Industry 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.


Daiwa House Industry Co Return-on-Tangible-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Daiwa House Industry Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Daiwa House Industry Co's Return-on-Tangible-Asset falls into.


TSE:1925
76GF Score
Daiwa House Industry Co Ltd TSE:1925
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daiwa House Industry Co Return-on-Tangible-Asset Calculation

Daiwa House Industry 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 )
=350568/( (6844247+8029652)/ 2 )
=350568/7436949.5
=4.71 %

Daiwa House Industry 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 )
=500848/( (7681254+8029652)/ 2 )
=500848/7855453
=6.38 %

* 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 6.38% mean?
Daiwa House Industry Co (TSE:1925) has a Return-on-Tangible-Asset of 6.38% 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 Daiwa House Industry Co and its competitors. This is 24% above median its historical median of 5.15. Over the past decade, Daiwa House Industry Co's Return-on-Tangible-Asset has ranged from 4.14 to 6.39. According to the industry distribution chart, Daiwa House Industry Co ranks #417 out of 1803 companies in the Real Estate industry, placing it in the top 23.1%.
Is Daiwa House Industry Co's Return-on-Tangible-Asset too high?
Daiwa House Industry Co's current Return-on-Tangible-Asset of 6.38% is 24% above median its 10-year median of 5.15. Over the past 10 years, this metric has ranged from a low of 4.14 to a high of 6.39. The Real Estate industry median Return-on-Tangible-Asset is 1.76. Daiwa House Industry Co's value of 6.38% is 262.5% above this industry median. Based on the distribution chart, Daiwa House Industry Co ranks #417 out of 1803 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Daiwa House Industry Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Daiwa House Industry Co's Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, Daiwa House Industry Co ranks #417 out of 1803 companies for Return-on-Tangible-Asset. This places Daiwa House Industry Co in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.76. Daiwa House Industry Co's value of 6.38% is 262.5% above this benchmark. Historically, Daiwa House Industry Co's own Return-on-Tangible-Asset has ranged from 4.14 to 6.39 over the past decade. While the company's 10-year median is 5.15 vs. the industry median of 1.76, Daiwa House Industry 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.76, based on 1,803 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. Daiwa House Industry Co's current Return-on-Tangible-Asset of 6.38% is 262.5% 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 Daiwa House Industry Co and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daiwa House Industry Co's current Return-on-Tangible-Asset is 6.38%, which is 24% above median its own 10-year median of 5.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa House Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Daiwa House Industry Co (TSE:1925) is currently considered Modestly Undervalued. The stock's GF Value™ is 円5,174.12, compared to a current price of 円4,594.00 — trading 11.2% below its estimated fair value. The current Return-on-Tangible-Asset is 6.38%, which is 24% above median its 10-year median of 5.15 and 262.5% above the Real Estate industry median of 1.76. Daiwa House Industry Co's overall GF Score™ is 76/100 with 4 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 Daiwa House Industry Co (TSE:1925), the current Return-on-Tangible-Asset is 6.38% 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 Daiwa House Industry Co (TSE:1925) Overvalued in 2026?

Based on GuruFocus' analysis, Daiwa House Industry Co stock appears to be undervalued. The current stock price of 円4,594.00 is trading 11.2% below its estimated GF Value™ of 円5,174.12. GuruFocus considers Daiwa House Industry Co to be Modestly Undervalued.

Key valuation signals for TSE:1925:

  • Return-on-Tangible-Asset: 6.38% (24% above median its 10-year median of 5.15)
  • GF Value™: 円5,174.12 vs. price of 円4,594.00 (11.2% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 262.5% above the Real Estate median (#417 of 1803)

No single metric tells the full story. See the TSE:1925 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daiwa House Industry Co Business Description

Address 3-3-5 Umeda, Kita-ku, Osaka, JPN, 530-8241
Daiwa House Industry Co Ltd is engaged in the business of housing, commercial facilities, and urban development. The company operates through seven segments. The Apartment segment develops, sells, and manages condominiums, while the Business Facilities segment handles logistics, manufacturing, medical, and nursing care facilities. The Commercial Facility segment focuses on the development, construction, and management of retail spaces. The Detached Houses segment contracts and sells individual homes. The Environment Energy segment develops renewable power plants and electricity retail. The Rental Housing segment covers development, operation, and brokerage of rental housing, while Others include the resort hotel business.
76GF Score

Get the complete analysis for TSE:1925

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

円4,594.00
Price
円5,174.12
GF Value