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AzearthTSE:3161 +0.92%65 Return-on-Tangible-Asset is 3.29% as of Apr. 2026, which is 24% above its 10-year median of 2.65. GuruFocus rates TSE:3161 with a GF Score™ of 65/100 and a GF Value™ of 円654.06 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,069 Manufacturing - Apparel & Accessories companies, Azearth ranks worse than 52.01% 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. Azearth's annualizedNet Income for the quarter that ended in Apr. 2026 was 円267 Mil. Azearth's average total tangible assets for the quarter that ended in Apr. 2026 was 円8,106 Mil. Therefore, Azearth's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 3.29%.
The historical rank and industry rank for Azearth's Return-on-Tangible-Asset or its related term are showing as below:
TSE:3161'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.68 Med: 2.65 Max: 7.65
Current: 1.7
During the past 13 years, Azearth's highest Return-on-Tangible-Asset was 7.65%. The lowest was 1.68%. And the median was 2.65%.
TSE:3161's Return-on-Tangible-Asset is ranked worse than 52.01% of 1069
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.99
vs TSE:3161: 1.70
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.
Azearth Return-on-Tangible-Asset Related Terms
Azearth Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Azearth'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.
For the Textile Manufacturing subindustry, Azearth'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.
Azearth Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Azearth's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Azearth'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 (Apr. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.29% mean?
Azearth (TSE:3161) has a Return-on-Tangible-Asset of 3.29% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Azearth and its competitors. This is 24% above median its historical median of 2.65. Over the past decade, Azearth's Return-on-Tangible-Asset has ranged from 1.68 to 7.65. According to the industry distribution chart, Azearth ranks #556 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 52%.
Is Azearth's Return-on-Tangible-Asset too high?
Azearth's current Return-on-Tangible-Asset of 3.29% is 24% above median its 10-year median of 2.65. Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 7.65. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 1.99. Azearth's value of 3.29% is 65.3% above this industry median. Based on the distribution chart, Azearth ranks #556 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Azearth has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Azearth's Return-on-Tangible-Asset compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Azearth ranks #556 out of 1069 companies for Return-on-Tangible-Asset. This places Azearth in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.99. Azearth's value of 3.29% is 65.3% above this benchmark. Historically, Azearth's own Return-on-Tangible-Asset has ranged from 1.68 to 7.65 over the past decade. While the company's 10-year median is 2.65 vs. the industry median of 1.99, Azearth 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 1.99, based on 1,069 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. Azearth's current Return-on-Tangible-Asset of 3.29% is 65.3% 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 Azearth and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azearth's current Return-on-Tangible-Asset is 3.29%, which is 24% above median its own 10-year median of 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azearth stock overvalued right now?
Based on GuruFocus' analysis, Azearth (TSE:3161) is currently considered Fairly Valued. The stock's GF Value™ is 円654.06, compared to a current price of 円660.00 — trading 0.9% above its estimated fair value. The current Return-on-Tangible-Asset is 3.29%, which is 24% above median its 10-year median of 2.65 and 65.3% above the Manufacturing - Apparel & Accessories industry median of 1.99. Azearth's overall GF Score™ is 65/100 with 6 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 Azearth (TSE:3161), the current Return-on-Tangible-Asset is 3.29% as of Apr. 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 Azearth (TSE:3161) Overvalued in 2026?
Based on GuruFocus' analysis, Azearth stock appears to be overvalued.
The current stock price of 円660.00 is trading 0.9% above its estimated GF Value™ of 円654.06.
GuruFocus considers Azearth to be Fairly Valued.
Key valuation signals for TSE:3161:
Return-on-Tangible-Asset: 3.29% (24% above median its 10-year median of 2.65)
GF Value™: 円654.06 vs. price of 円660.00 (0.9% above fair value)
Industry Position: 65.3% above the Manufacturing - Apparel & Accessories median (#556 of 1069)
No single metric tells the full story. See the TSE:3161 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Azearth Corp is a Japan-based company engaged in the manufacture and sale of protective wear, healthcare products, and life material products. It operates through three reportable segments: Protective Clothing & Environmental Equipment, Healthcare Products, and Life Materials. The Protective Clothing & Environmental Equipment segment includes chemical protective suits, industrial safety clothing, and related equipment. The Healthcare Products segment focuses on nonwoven fabric items such as masks and gowns used in medical settings. The Life Materials segment handles apparel materials like pile fabrics and offers a range of bedding products, including pillows and mattresses.
65GF Score
Get the complete analysis for TSE:3161
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