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Sanko Metal Industrial CoTSE:1972 +1.88%68 Return-on-Tangible-Asset is 7.68% as of Mar. 2026, which is 22% above its 10-year median of 6.31. GuruFocus rates TSE:1972 with a GF Score™ of 68/100 and a GF Value™ of 円1,124.39 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,781 Construction companies, Sanko Metal Industrial Co ranks better than 72.82% 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. Sanko Metal Industrial Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円3,018 Mil. Sanko Metal Industrial Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円39,288 Mil. Therefore, Sanko Metal Industrial Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.68%.
The historical rank and industry rank for Sanko Metal Industrial Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:1972'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.91 Med: 6.31 Max: 7.99
Current: 6.65
During the past 13 years, Sanko Metal Industrial Co's highest Return-on-Tangible-Asset was 7.99%. The lowest was 3.91%. And the median was 6.31%.
TSE:1972's Return-on-Tangible-Asset is ranked better than 72.82% of 1781
companies
in the Construction industry
Industry Median: 3.04
vs TSE:1972: 6.65
Sanko Metal Industrial Co (TSE:1972) 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.
Sanko Metal Industrial Co Return-on-Tangible-Asset Related Terms
Sanko Metal Industrial Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sanko Metal Industrial 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.
Sanko Metal Industrial Co Return-on-Tangible-Asset Chart
TSE:1972 vs TT, JCI, CARR: Return-on-Tangible-Asset Comparison
For the Building Products & Equipment subindustry, Sanko Metal Industrial 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.
Sanko Metal Industrial Co Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Sanko Metal Industrial Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sanko Metal Industrial 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 7.68% mean?
Sanko Metal Industrial Co (TSE:1972) has a Return-on-Tangible-Asset of 7.68% 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 Sanko Metal Industrial Co and its competitors. This is 22% above median its historical median of 6.31. Over the past decade, Sanko Metal Industrial Co's Return-on-Tangible-Asset has ranged from 3.91 to 7.99. According to the industry distribution chart, Sanko Metal Industrial Co ranks #484 out of 1781 companies in the Construction industry, placing it in the top 27.2%.
Is Sanko Metal Industrial Co's Return-on-Tangible-Asset too high?
Sanko Metal Industrial Co's current Return-on-Tangible-Asset of 7.68% is 22% above median its 10-year median of 6.31. Over the past 10 years, this metric has ranged from a low of 3.91 to a high of 7.99. The Construction industry median Return-on-Tangible-Asset is 3.04. Sanko Metal Industrial Co's value of 7.68% is 152.6% above this industry median. Based on the distribution chart, Sanko Metal Industrial Co ranks #484 out of 1781 companies in the Construction industry, which is above the industry midpoint. Overall, Sanko Metal Industrial Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sanko Metal Industrial Co's Return-on-Tangible-Asset compare to TT and JCI?
According to the Construction industry distribution chart, Sanko Metal Industrial Co ranks #484 out of 1781 companies for Return-on-Tangible-Asset. This puts Sanko Metal Industrial Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.04. Sanko Metal Industrial Co's value of 7.68% is 152.6% above this benchmark. Historically, Sanko Metal Industrial Co's own Return-on-Tangible-Asset has ranged from 3.91 to 7.99 over the past decade. While the company's 10-year median is 6.31 vs. the industry median of 3.04, Sanko Metal Industrial 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 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. Sanko Metal Industrial Co's current Return-on-Tangible-Asset of 7.68% is 152.6% 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 Sanko Metal Industrial 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. Sanko Metal Industrial Co's current Return-on-Tangible-Asset is 7.68%, which is 22% above median its own 10-year median of 6.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanko Metal Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Sanko Metal Industrial Co (TSE:1972) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,124.39, compared to a current price of 円1,298.00 — trading 15.4% above its estimated fair value. The current Return-on-Tangible-Asset is 7.68%, which is 22% above median its 10-year median of 6.31 and 152.6% above the Construction industry median of 3.04. Sanko Metal Industrial Co's overall GF Score™ is 68/100 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 Sanko Metal Industrial Co (TSE:1972), the current Return-on-Tangible-Asset is 7.68% 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 Sanko Metal Industrial Co (TSE:1972) Overvalued in 2026?
Based on GuruFocus' analysis, Sanko Metal Industrial Co stock appears to be overvalued.
The current stock price of 円1,298.00 is trading 15.4% above its estimated GF Value™ of 円1,124.39.
GuruFocus considers Sanko Metal Industrial Co to be Modestly Overvalued.
Key valuation signals for TSE:1972:
Return-on-Tangible-Asset: 7.68% (22% above median its 10-year median of 6.31)
GF Value™: 円1,124.39 vs. price of 円1,298.00 (15.4% above fair value)
Industry Position: 152.6% above the Construction median (#484 of 1781)
No single metric tells the full story. See the TSE:1972 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sanko Metal Industrial Co Ltd is engaged in the manufacturing, processing, and execution and sales of roofing, construction materials and paint as well as design and contract services for ancillary construction work. The product line includes - Galvanized steel sheet, Aluminium-plated steel sheet, PVC coated steel sheet, NS acid-resistant clad steel sheet, and colour stainless-steel sheet.
68GF Score
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