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Tokai HoldingsTSE:3167 -1.20%72 Return-on-Tangible-Asset is 6.32% as of Mar. 2026, which is 28% above its 10-year median of 4.95. GuruFocus rates TSE:3167 with a GF Score™ of 72/100 and a GF Value™ of 円1,039.37 (Fairly Valued). The stock has 6 warning signs investors should review. Among 568 Conglomerates companies, Tokai Holdings ranks better than 72.01% 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. Tokai Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was 円12,940 Mil. Tokai Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was 円204,598 Mil. Therefore, Tokai Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.32%.
The historical rank and industry rank for Tokai Holdings's Return-on-Tangible-Asset or its related term are showing as below:
TSE:3167'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.63 Med: 4.95 Max: 5.4
Current: 5.4
During the past 13 years, Tokai Holdings's highest Return-on-Tangible-Asset was 5.40%. The lowest was 3.63%. And the median was 4.95%.
TSE:3167's Return-on-Tangible-Asset is ranked better than 72.01% of 568
companies
in the Conglomerates industry
Industry Median: 2.68
vs TSE:3167: 5.40
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.
Tokai Holdings Return-on-Tangible-Asset Related Terms
Tokai Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Tokai 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.
TSE:3167 vs MMM, HON: Return-on-Tangible-Asset Comparison
For the Conglomerates subindustry, Tokai 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.
Tokai Holdings Return-on-Tangible-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Tokai Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tokai Holdings'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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 6.32% mean?
Tokai Holdings (TSE:3167) has a Return-on-Tangible-Asset of 6.32% 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 Tokai Holdings and its competitors. This is 28% above median its historical median of 4.95. Over the past decade, Tokai Holdings' Return-on-Tangible-Asset has ranged from 3.63 to 5.40. According to the industry distribution chart, Tokai Holdings ranks #159 out of 568 companies in the Conglomerates industry, placing it in the top 28%.
Is Tokai Holdings' Return-on-Tangible-Asset too high?
Tokai Holdings' current Return-on-Tangible-Asset of 6.32% is 28% above median its 10-year median of 4.95. Over the past 10 years, this metric has ranged from a low of 3.63 to a high of 5.40. The Conglomerates industry median Return-on-Tangible-Asset is 2.68. Tokai Holdings' value of 6.32% is 135.8% above this industry median. Based on the distribution chart, Tokai Holdings ranks #159 out of 568 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Tokai Holdings has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tokai Holdings' Return-on-Tangible-Asset compare to MMM and HON?
According to the Conglomerates industry distribution chart, Tokai Holdings ranks #159 out of 568 companies for Return-on-Tangible-Asset. This puts Tokai Holdings in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.68. Tokai Holdings' value of 6.32% is 135.8% above this benchmark. Historically, Tokai Holdings' own Return-on-Tangible-Asset has ranged from 3.63 to 5.40 over the past decade. While the company's 10-year median is 4.95 vs. the industry median of 2.68, Tokai 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 Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.68, based on 568 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. Tokai Holdings's current Return-on-Tangible-Asset of 6.32% is 135.8% 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 Tokai Holdings and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokai Holdings's current Return-on-Tangible-Asset is 6.32%, which is 28% above median its own 10-year median of 4.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokai Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tokai Holdings (TSE:3167) is currently considered Fairly Valued. The stock's GF Value™ is 円1,039.37, compared to a current price of 円1,148.00 — trading 10.5% above its estimated fair value. The current Return-on-Tangible-Asset is 6.32%, which is 28% above median its 10-year median of 4.95 and 135.8% above the Conglomerates industry median of 2.68. Tokai Holdings' overall GF Score™ is 72/100 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 Tokai Holdings (TSE:3167), the current Return-on-Tangible-Asset is 6.32% 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 Tokai Holdings (TSE:3167) Overvalued in 2026?
Based on GuruFocus' analysis, Tokai Holdings stock appears to be overvalued.
The current stock price of 円1,148.00 is trading 10.5% above its estimated GF Value™ of 円1,039.37.
GuruFocus considers Tokai Holdings to be Fairly Valued.
Key valuation signals for TSE:3167:
Return-on-Tangible-Asset: 6.32% (28% above median its 10-year median of 4.95)
GF Value™: 円1,039.37 vs. price of 円1,148.00 (10.5% above fair value)
Industry Position: 135.8% above the Conglomerates median (#159 of 568)
No single metric tells the full story. See the TSE:3167 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokai Holdings Corp is engaged in miscellaneous business operations. The scope of its activities includes energy, residential real estate and cable television. The energy business relates to the sale of liquefied petroleum gas, liquefied natural gas, oil products, high-pressure gas such as oxygen and nitrogen. The real estate division is responsible for the construction and design of residential buildings and stores. The communication division is engaged in software development, information processing service, optical fiber leasing, data transmission, and the sale of asymmetric digital subscriber line.
72GF Score
Get the complete analysis for TSE:3167
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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