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Kasumigaseki Capital CoTSE:3498 -2.39%80 Return-on-Tangible-Asset is 7.21% as of Feb. 2026, which is 17% above its 10-year median of 6.17. GuruFocus rates TSE:3498 with a GF Score™ of 80/100 and a GF Value™ of 円12,555.01 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 560 Conglomerates companies, Kasumigaseki Capital Co ranks better than 80.54% 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. Kasumigaseki Capital Co's annualizedNet Income for the quarter that ended in Feb. 2026 was 円11,668 Mil. Kasumigaseki Capital Co's average total tangible assets for the quarter that ended in Feb. 2026 was 円161,927 Mil. Therefore, Kasumigaseki Capital Co's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 7.21%.
The historical rank and industry rank for Kasumigaseki Capital Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:3498'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.75 Med: 6.17 Max: 10.37
Current: 7.1
During the past 10 years, Kasumigaseki Capital Co's highest Return-on-Tangible-Asset was 10.37%. The lowest was 1.75%. And the median was 6.17%.
TSE:3498's Return-on-Tangible-Asset is ranked better than 80.54% of 560
companies
in the Conglomerates industry
Industry Median: 2.74
vs TSE:3498: 7.10
Kasumigaseki Capital Co (TSE:3498) 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.
Kasumigaseki Capital Co Return-on-Tangible-Asset Related Terms
Kasumigaseki Capital Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Kasumigaseki Capital 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.
Kasumigaseki Capital Co Return-on-Tangible-Asset Chart
TSE:3498 vs MMM, HON: Return-on-Tangible-Asset Comparison
For the Conglomerates subindustry, Kasumigaseki Capital 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.
Kasumigaseki Capital Co Return-on-Tangible-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Kasumigaseki Capital Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Kasumigaseki Capital 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 (Feb. 2026) net income data.
What does a Return-on-Tangible-Asset of 7.21% mean?
Kasumigaseki Capital Co (TSE:3498) has a Return-on-Tangible-Asset of 7.21% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Kasumigaseki Capital Co and its competitors. This is 17% above median its historical median of 6.17. Over the past decade, Kasumigaseki Capital Co's Return-on-Tangible-Asset has ranged from 1.75 to 10.37. According to the industry distribution chart, Kasumigaseki Capital Co ranks #109 out of 560 companies in the Conglomerates industry, placing it in the top 19.5%.
Is Kasumigaseki Capital Co's Return-on-Tangible-Asset too high?
Kasumigaseki Capital Co's current Return-on-Tangible-Asset of 7.21% is 17% above median its 10-year median of 6.17. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 10.37. The Conglomerates industry median Return-on-Tangible-Asset is 2.74. Kasumigaseki Capital Co's value of 7.21% is 163.1% above this industry median. Based on the distribution chart, Kasumigaseki Capital Co ranks #109 out of 560 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Kasumigaseki Capital Co has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kasumigaseki Capital Co's Return-on-Tangible-Asset compare to MMM and HON?
According to the Conglomerates industry distribution chart, Kasumigaseki Capital Co ranks #109 out of 560 companies for Return-on-Tangible-Asset. This places Kasumigaseki Capital Co in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.74. Kasumigaseki Capital Co's value of 7.21% is 163.1% above this benchmark. Historically, Kasumigaseki Capital Co's own Return-on-Tangible-Asset has ranged from 1.75 to 10.37 over the past decade. While the company's 10-year median is 6.17 vs. the industry median of 2.74, Kasumigaseki Capital 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 Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.74, based on 560 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. Kasumigaseki Capital Co's current Return-on-Tangible-Asset of 7.21% is 163.1% 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 Kasumigaseki Capital Co and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kasumigaseki Capital Co's current Return-on-Tangible-Asset is 7.21%, which is 17% above median its own 10-year median of 6.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kasumigaseki Capital Co stock overvalued right now?
Based on GuruFocus' analysis, Kasumigaseki Capital Co (TSE:3498) is currently considered Significantly Undervalued. The stock's GF Value™ is 円12,555.01, compared to a current price of 円7,760.00 — trading 38.2% below its estimated fair value. The current Return-on-Tangible-Asset is 7.21%, which is 17% above median its 10-year median of 6.17 and 163.1% above the Conglomerates industry median of 2.74. Kasumigaseki Capital Co's overall GF Score™ is 80/100 with 2 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 Kasumigaseki Capital Co (TSE:3498), the current Return-on-Tangible-Asset is 7.21% as of Feb. 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 Kasumigaseki Capital Co (TSE:3498) Overvalued in 2026?
Based on GuruFocus' analysis, Kasumigaseki Capital Co stock appears to be undervalued.
The current stock price of 円7,760.00 is trading 38.2% below its estimated GF Value™ of 円12,555.01.
GuruFocus considers Kasumigaseki Capital Co to be Significantly Undervalued.
Key valuation signals for TSE:3498:
Return-on-Tangible-Asset: 7.21% (17% above median its 10-year median of 6.17)
GF Value™: 円12,555.01 vs. price of 円7,760.00 (38.2% below fair value)
Industry Position: 163.1% above the Conglomerates median (#109 of 560)
No single metric tells the full story. See the TSE:3498 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kasumigaseki Capital Co Ltd is engaged in the management and operation of power generation business by natural energy such as solar, wind power and biomass. Further, it is also involved in the real estate sale, leasing, brokerage and operation of shopping center.
80GF Score
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