Hulic Co (TSE:3003) Return-on-Tangible-Asset: 6.69% (As of Dec. 2025) — 87% Above Median

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TSE:3003 Hulic Co Ltd TSE:3003
86 GF Score
Price 円1,788.00
GF Value 円2,189.24
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

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

Hulic Co TSE:3003 +1.27% 86 Return-on-Tangible-Asset is 6.69% as of Dec. 2025, which is 87% above its 10-year median of 3.58. GuruFocus rates TSE:3003 with a GF Score™ of 86/100 and a GF Value™ of 円2,189.24 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,801 Real Estate companies, Hulic Co ranks better than 68.41% 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. Hulic Co's annualized Net Income for the quarter that ended in Dec. 2025 was 円214,840 Mil. Hulic Co's average total tangible assets for the quarter that ended in Dec. 2025 was 円3,212,486 Mil. Therefore, Hulic Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 6.69%.

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

TSE:3003' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.21   Med: 3.58   Max: 4.08
Current: 3.61

During the past 13 years, Hulic Co's highest Return-on-Tangible-Asset was 4.08%. The lowest was 3.21%. And the median was 3.58%.

TSE:3003's Return-on-Tangible-Asset is ranked better than
68.41% of 1801 companies
in the Real Estate industry
Industry Median: 1.76 vs TSE:3003: 3.61

Hulic Co  (TSE:3003) 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.


Hulic Co Return-on-Tangible-Asset Related Terms


Hulic Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Hulic 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.

Hulic Co Return-on-Tangible-Asset Chart

Hulic Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.43 3.64 4.08 3.91 3.76

Hulic 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 2.35 3.56 1.97 6.69 2.22

TSE:3003 vs CBRE, BEKE, JLL: Return-on-Tangible-Asset Comparison

For the Real Estate Services subindustry, Hulic 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.


Hulic Co Return-on-Tangible-Asset vs Real Estate Industry

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

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


TSE:3003
86GF Score
Hulic Co Ltd TSE:3003
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hulic Co Return-on-Tangible-Asset Calculation

Hulic Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=114334/( (2832049+3247246)/ 2 )
=114334/3039647.5
=3.76 %

Hulic Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=214840/( (3177726+3247246)/ 2 )
=214840/3212486
=6.69 %

* 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 (Dec. 2025) net income data.

What does a Return-on-Tangible-Asset of 6.69% mean?
Hulic Co (TSE:3003) has a Return-on-Tangible-Asset of 6.69% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Hulic Co and its competitors. This is 87% above median its historical median of 3.58. Over the past decade, Hulic Co's Return-on-Tangible-Asset has ranged from 3.21 to 4.08. According to the industry distribution chart, Hulic Co ranks #569 out of 1801 companies in the Real Estate industry, placing it in the top 31.6%.
Is Hulic Co's Return-on-Tangible-Asset too high?
Hulic Co's current Return-on-Tangible-Asset of 6.69% is 87% above median its 10-year median of 3.58. Over the past 10 years, this metric has ranged from a low of 3.21 to a high of 4.08. The Real Estate industry median Return-on-Tangible-Asset is 1.76. Hulic Co's value of 6.69% is 280.1% above this industry median. Based on the distribution chart, Hulic Co ranks #569 out of 1801 companies in the Real Estate industry, which is above the industry midpoint. Overall, Hulic Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hulic Co's Return-on-Tangible-Asset compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Hulic Co ranks #569 out of 1801 companies for Return-on-Tangible-Asset. This puts Hulic Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.76. Hulic Co's value of 6.69% is 280.1% above this benchmark. Historically, Hulic Co's own Return-on-Tangible-Asset has ranged from 3.21 to 4.08 over the past decade. While the company's 10-year median is 3.58 vs. the industry median of 1.76, Hulic 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 1,801 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. Hulic Co's current Return-on-Tangible-Asset of 6.69% is 280.1% 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 Hulic 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. Hulic Co's current Return-on-Tangible-Asset is 6.69%, which is 87% above median its own 10-year median of 3.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hulic Co stock overvalued right now?
Based on GuruFocus' analysis, Hulic Co (TSE:3003) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,189.24, compared to a current price of 円1,788.00 — trading 18.3% below its estimated fair value. The current Return-on-Tangible-Asset is 6.69%, which is 87% above median its 10-year median of 3.58 and 280.1% above the Real Estate industry median of 1.76. Hulic Co's overall GF Score™ is 86/100 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 Hulic Co (TSE:3003), the current Return-on-Tangible-Asset is 6.69% as of Dec. 2025. 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 Hulic Co (TSE:3003) Overvalued in 2026?

Based on GuruFocus' analysis, Hulic Co stock appears to be undervalued. The current stock price of 円1,788.00 is trading 18.3% below its estimated GF Value™ of 円2,189.24. GuruFocus considers Hulic Co to be Modestly Undervalued.

Key valuation signals for TSE:3003:

  • Return-on-Tangible-Asset: 6.69% (87% above median its 10-year median of 3.58)
  • GF Value™: 円2,189.24 vs. price of 円1,788.00 (18.3% below fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 280.1% above the Real Estate median (#569 of 1801)

No single metric tells the full story. See the TSE:3003 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hulic Co Business Description

Other Exchanges HULCF:USA87W:Germany
Address 7-3 Nihonbashi Odenmacho, Chuo-ku, Tokyo, JPN, 103-0011
Hulic Co Ltd is a real estate developer with its core operations in real estate business such as development, reconstruction, and investment. The company operates a real estate leasing business based on ownership of numerous properties located in Tokyo 23 wards.
86GF Score

Get the complete analysis for TSE:3003

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

円1,788.00
Price
円2,189.24
GF Value