Dairei Co (TSE:2883) Return-on-Tangible-Asset: 5.15% (As of Mar. 2026) — 18% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:2883 Dairei Co Ltd TSE:2883
63 GF Score
Price 円1,999.00
GF Value 円1,804.68
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Dairei Co Return-on-Tangible-Asset?

Dairei Co TSE:2883 -0.15% 63 Return-on-Tangible-Asset is 5.15% as of Mar. 2026, which is 18% below its 10-year median of 6.29. GuruFocus rates TSE:2883 with a GF Score™ of 63/100 and a GF Value™ of 円1,804.68 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 3,078 Industrial Products companies, Dairei Co ranks better than 57.31% 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. Dairei Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円579 Mil. Dairei Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円11,236 Mil. Therefore, Dairei Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.15%.

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

TSE:2883' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.53   Med: 6.29   Max: 9.01
Current: 4.28

During the past 13 years, Dairei Co's highest Return-on-Tangible-Asset was 9.01%. The lowest was -4.53%. And the median was 6.29%.

TSE:2883's Return-on-Tangible-Asset is ranked better than
57.31% of 3078 companies
in the Industrial Products industry
Industry Median: 3.26 vs TSE:2883: 4.28

Dairei Co  (TSE:2883) 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.


Dairei Co Return-on-Tangible-Asset Related Terms


Dairei Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Dairei 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.

Dairei Co Return-on-Tangible-Asset Chart

Dairei 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 6.53 8.42 5.72 -4.53 4.28

Dairei Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 5.06 3.73 -13.56 3.41 5.15

TSE:2883 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison

For the Specialty Industrial Machinery subindustry, Dairei 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.


Dairei Co Return-on-Tangible-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dairei Co's Return-on-Tangible-Asset distribution charts can be found below:

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


TSE:2883
63GF Score
Dairei Co Ltd TSE:2883
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dairei Co Return-on-Tangible-Asset Calculation

Dairei 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 )
=482.436/( (11364.79+11201.145)/ 2 )
=482.436/11282.9675
=4.28 %

Dairei 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: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=579.118/( (11271.79+11201.145)/ 2 )
=579.118/11236.4675
=5.15 %

* 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 5.15% mean?
Dairei Co (TSE:2883) has a Return-on-Tangible-Asset of 5.15% 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 Dairei Co and its competitors. This is 18% below median its historical median of 6.29. According to the industry distribution chart, Dairei Co ranks #1314 out of 3078 companies in the Industrial Products industry, placing it in the top 42.7%.
Is Dairei Co's Return-on-Tangible-Asset too high?
Dairei Co's current Return-on-Tangible-Asset of 5.15% is 18% below median its 10-year median of 6.29. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Dairei Co's value of 5.15% is 58% above this industry median. Based on the distribution chart, Dairei Co ranks #1314 out of 3078 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Dairei Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dairei Co's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Dairei Co ranks #1314 out of 3078 companies for Return-on-Tangible-Asset. This puts Dairei Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.26. Dairei Co's value of 5.15% is 58% above this benchmark. While the company's 10-year median is 6.29 vs. the industry median of 3.26, Dairei 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.26, based on 3,078 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. Dairei Co's current Return-on-Tangible-Asset of 5.15% is 58% 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 Dairei Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dairei Co's current Return-on-Tangible-Asset is 5.15%, which is 18% below median its own 10-year median of 6.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dairei Co stock overvalued right now?
Based on GuruFocus' analysis, Dairei Co (TSE:2883) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,804.68, compared to a current price of 円1,999.00 — trading 10.8% above its estimated fair value. The current Return-on-Tangible-Asset is 5.15%, which is 18% below median its 10-year median of 6.29 and 58% above the Industrial Products industry median of 3.26. Dairei Co's overall GF Score™ is 63/100 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 Dairei Co (TSE:2883), the current Return-on-Tangible-Asset is 5.15% 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 Dairei Co (TSE:2883) Overvalued in 2026?

Based on GuruFocus' analysis, Dairei Co stock appears to be overvalued. The current stock price of 円1,999.00 is trading 10.8% above its estimated GF Value™ of 円1,804.68. GuruFocus considers Dairei Co to be Modestly Overvalued.

Key valuation signals for TSE:2883:

  • Return-on-Tangible-Asset: 5.15% (18% below median its 10-year median of 6.29)
  • GF Value™: 円1,804.68 vs. price of 円1,999.00 (10.8% above fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 58% above the Industrial Products median (#1314 of 3078)

No single metric tells the full story. See the TSE:2883 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dairei Co Business Description

Address 2-3-1 Tsukishima, Chuo-ku, Tokyo, JPN
Dairei Co Ltd designs and manufactures environment-friendly freezers by using cryogenic preservation technology used in the pelagic (ocean) fishing industry. The company offers static cryogenic, compact, fan free, showcase, prefabricated static, and other freezers for the storage of food products. It offers its products for restaurants, fish shops, butchers, hotels, supermarkets, restaurants, and wholesale markets.
63GF Score

Get the complete analysis for TSE:2883

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

円1,999.00
Price
円1,804.68
GF Value