E J Holdings (TSE:2153) Return-on-Tangible-Asset: 3.85% (As of Feb. 2026) — 47% Below Median

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TSE:2153 E J Holdings Inc TSE:2153
59 GF Score
Price 円1,740.00
GF Value 円1,772.94
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is E J Holdings Return-on-Tangible-Asset?

E J Holdings TSE:2153 +0.29% 59 Return-on-Tangible-Asset is 3.85% as of Feb. 2026, which is 47% below its 10-year median of 7.29. GuruFocus rates TSE:2153 with a GF Score™ of 59/100 and a GF Value™ of 円1,772.94 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,783 Construction companies, E J Holdings ranks better than 73.47% 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. E J Holdings's annualized Net Income for the quarter that ended in Feb. 2026 was 円1,956 Mil. E J Holdings's average total tangible assets for the quarter that ended in Feb. 2026 was 円50,795 Mil. Therefore, E J Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 3.85%.

The historical rank and industry rank for E J Holdings's Return-on-Tangible-Asset or its related term are showing as below:

TSE:2153' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.33   Med: 7.29   Max: 8.42
Current: 6.8

During the past 13 years, E J Holdings's highest Return-on-Tangible-Asset was 8.42%. The lowest was -1.33%. And the median was 7.29%.

TSE:2153's Return-on-Tangible-Asset is ranked better than
73.47% of 1783 companies
in the Construction industry
Industry Median: 3.05 vs TSE:2153: 6.80

E J Holdings  (TSE:2153) 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.


E J Holdings Return-on-Tangible-Asset Related Terms


E J Holdings Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for E J 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.

E J Holdings Return-on-Tangible-Asset Chart

E J Holdings Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.40 8.09 7.91 7.39 6.75

E J Holdings Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 32.59 -9.64 -4.05 3.85 34.27

TSE:2153 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison

For the Engineering & Construction subindustry, E J 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.


E J Holdings Return-on-Tangible-Asset vs Construction Industry

For the Construction industry and Industrials sector, E J Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where E J Holdings's Return-on-Tangible-Asset falls into.


TSE:2153
59GF Score
E J Holdings Inc TSE:2153
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

E J Holdings Return-on-Tangible-Asset Calculation

E J Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in May. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: May. 2026 )  (A: May. 2025 )(A: May. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: May. 2026 )  (A: May. 2025 )(A: May. 2026 )
=3371/( (47374+52518)/ 2 )
=3371/49946
=6.75 %

E J Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=1956/( (49158+52431)/ 2 )
=1956/50794.5
=3.85 %

* 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 3.85% mean?
E J Holdings (TSE:2153) has a Return-on-Tangible-Asset of 3.85% 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 E J Holdings and its competitors. This is 47% below median its historical median of 7.29. According to the industry distribution chart, E J Holdings ranks #473 out of 1783 companies in the Construction industry, placing it in the top 26.5%.
Is E J Holdings' Return-on-Tangible-Asset too high?
E J Holdings' current Return-on-Tangible-Asset of 3.85% is 47% below median its 10-year median of 7.29. The Construction industry median Return-on-Tangible-Asset is 3.05. E J Holdings' value of 3.85% is 26.2% above this industry median. Based on the distribution chart, E J Holdings ranks #473 out of 1783 companies in the Construction industry, which is above the industry midpoint. Overall, E J Holdings has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does E J Holdings' Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, E J Holdings ranks #473 out of 1783 companies for Return-on-Tangible-Asset. This puts E J Holdings in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.05. E J Holdings' value of 3.85% is 26.2% above this benchmark. While the company's 10-year median is 7.29 vs. the industry median of 3.05, E J Holdings 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 3.05, based on 1,783 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. E J Holdings's current Return-on-Tangible-Asset of 3.85% is 26.2% 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 E J Holdings and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. E J Holdings's current Return-on-Tangible-Asset is 3.85%, which is 47% below median its own 10-year median of 7.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E J Holdings stock overvalued right now?
Based on GuruFocus' analysis, E J Holdings (TSE:2153) is currently considered Fairly Valued. The stock's GF Value™ is 円1,772.94, compared to a current price of 円1,740.00 — trading 1.9% below its estimated fair value. The current Return-on-Tangible-Asset is 3.85%, which is 47% below median its 10-year median of 7.29 and 26.2% above the Construction industry median of 3.05. E J Holdings' overall GF Score™ is 59/100 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 E J Holdings (TSE:2153), the current Return-on-Tangible-Asset is 3.85% 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 E J Holdings (TSE:2153) Overvalued in 2026?

Based on GuruFocus' analysis, E J Holdings stock appears to be undervalued. The current stock price of 円1,740.00 is trading 1.9% below its estimated GF Value™ of 円1,772.94. GuruFocus considers E J Holdings to be Fairly Valued.

Key valuation signals for TSE:2153:

  • Return-on-Tangible-Asset: 3.85% (47% below median its 10-year median of 7.29)
  • GF Value™: 円1,772.94 vs. price of 円1,740.00 (1.9% below fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 26.2% above the Construction median (#473 of 1783)

No single metric tells the full story. See the TSE:2153 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


E J Holdings Business Description

Address 3 - chome 1-21 Tsujima - kyo cho Kita - ku, Okayama, JPN, 700 - 0087
E J Holdings Inc is a business service provider. The business of the company includes planning, managing, and supervising business execution of affiliated companies, and oversee the management of entire group.
59GF Score

Get the complete analysis for TSE:2153

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

円1,740.00
Price
円1,772.94
GF Value