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Inaba Seisakusho CoTSE:3421 +0.93%76 Return-on-Tangible-Asset is 5.30% as of Apr. 2026, which is 104% above its 10-year median of 2.60. GuruFocus rates TSE:3421 with a GF Score™ of 76/100 and a GF Value™ of 円1,721.99 (Fairly Valued). The stock has 4 warning signs investors should review. Among 432 Furnishings, Fixtures & Appliances companies, Inaba Seisakusho Co ranks better than 50.23% 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. Inaba Seisakusho Co's annualizedNet Income for the quarter that ended in Apr. 2026 was 円3,102 Mil. Inaba Seisakusho Co's average total tangible assets for the quarter that ended in Apr. 2026 was 円58,544 Mil. Therefore, Inaba Seisakusho Co's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 5.30%.
The historical rank and industry rank for Inaba Seisakusho Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:3421'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.8 Med: 2.6 Max: 4.3
Current: 2.63
During the past 13 years, Inaba Seisakusho Co's highest Return-on-Tangible-Asset was 4.30%. The lowest was 0.80%. And the median was 2.60%.
TSE:3421's Return-on-Tangible-Asset is ranked better than 50.23% of 432
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.59
vs TSE:3421: 2.63
Inaba Seisakusho Co (TSE:3421) 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 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.
Inaba Seisakusho Co Return-on-Tangible-Asset Related Terms
Inaba Seisakusho Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Inaba Seisakusho 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.
Inaba Seisakusho Co Return-on-Tangible-Asset Chart
TSE:3421 vs SN, SGI, MHK: Return-on-Tangible-Asset Comparison
For the Furnishings, Fixtures & Appliances subindustry, Inaba Seisakusho 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.
Inaba Seisakusho Co Return-on-Tangible-Asset vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Inaba Seisakusho Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Inaba Seisakusho Co'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 (Apr. 2026) net income data.
What does a Return-on-Tangible-Asset of 5.30% mean?
Inaba Seisakusho Co (TSE:3421) has a Return-on-Tangible-Asset of 5.30% 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 Inaba Seisakusho Co and its competitors. This is 104% above median its historical median of 2.60. Over the past decade, Inaba Seisakusho Co's Return-on-Tangible-Asset has ranged from 0.80 to 4.30. According to the industry distribution chart, Inaba Seisakusho Co ranks #215 out of 432 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 49.8%.
Is Inaba Seisakusho Co's Return-on-Tangible-Asset too high?
Inaba Seisakusho Co's current Return-on-Tangible-Asset of 5.30% is 104% above median its 10-year median of 2.60. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 4.30. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Asset is 2.59. Inaba Seisakusho Co's value of 5.30% is 104.6% above this industry median. Based on the distribution chart, Inaba Seisakusho Co ranks #215 out of 432 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Inaba Seisakusho Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Inaba Seisakusho Co's Return-on-Tangible-Asset compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Inaba Seisakusho Co ranks #215 out of 432 companies for Return-on-Tangible-Asset. This puts Inaba Seisakusho Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.59. Inaba Seisakusho Co's value of 5.30% is 104.6% above this benchmark. Historically, Inaba Seisakusho Co's own Return-on-Tangible-Asset has ranged from 0.80 to 4.30 over the past decade. While the company's 10-year median is 2.60 vs. the industry median of 2.59, Inaba Seisakusho 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Asset among Furnishings, Fixtures & Appliances companies is 2.59, based on 432 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. Inaba Seisakusho Co's current Return-on-Tangible-Asset of 5.30% is 104.6% 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 Inaba Seisakusho Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Asset is 2.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inaba Seisakusho Co's current Return-on-Tangible-Asset is 5.30%, which is 104% above median its own 10-year median of 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inaba Seisakusho Co stock overvalued right now?
Based on GuruFocus' analysis, Inaba Seisakusho Co (TSE:3421) is currently considered Fairly Valued. The stock's GF Value™ is 円1,721.99, compared to a current price of 円1,626.00 — trading 5.6% below its estimated fair value. The current Return-on-Tangible-Asset is 5.30%, which is 104% above median its 10-year median of 2.60 and 104.6% above the Furnishings, Fixtures & Appliances industry median of 2.59. Inaba Seisakusho Co's overall GF Score™ is 76/100 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 Inaba Seisakusho Co (TSE:3421), the current Return-on-Tangible-Asset is 5.30% 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 Inaba Seisakusho Co (TSE:3421) Overvalued in 2026?
Based on GuruFocus' analysis, Inaba Seisakusho Co stock appears to be undervalued.
The current stock price of 円1,626.00 is trading 5.6% below its estimated GF Value™ of 円1,721.99.
GuruFocus considers Inaba Seisakusho Co to be Fairly Valued.
Key valuation signals for TSE:3421:
Return-on-Tangible-Asset: 5.30% (104% above median its 10-year median of 2.60)
GF Value™: 円1,721.99 vs. price of 円1,626.00 (5.6% below fair value)
Industry Position: 104.6% above the Furnishings, Fixtures & Appliances median (#215 of 432)
No single metric tells the full story. See the TSE:3421 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Inaba Seisakusho Co Ltd is a Japan-based company engaged in the business of engineering, manufacturing, selling and supporting of office furniture and steel storage sheds. The company offers varieties of products including desks, meeting tables, office chairs, storage cabinets, outdoor storage sheds, motorbike sheds, and cycle port and many more.
76GF Score
Get the complete analysis for TSE:3421
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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