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Lipps CoTSE:373A +0.75%22 Return-on-Tangible-Asset is 13.62% as of Feb. 2026, which is 24% below its 10-year median of 17.93. GuruFocus rates TSE:373A with a GF Score™ of 22/100. The stock has 1 warning sign investors should review. Among 1,138 Retail - Cyclical companies, Lipps Co ranks better than 86.12% 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. Lipps Co's annualizedNet Income for the quarter that ended in Feb. 2026 was 円574 Mil. Lipps Co's average total tangible assets for the quarter that ended in Feb. 2026 was 円4,213 Mil. Therefore, Lipps Co's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 13.62%.
The historical rank and industry rank for Lipps Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:373A'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 12.55 Med: 17.93 Max: 18.8
Current: 12.55
During the past 3 years, Lipps Co's highest Return-on-Tangible-Asset was 18.80%. The lowest was 12.55%. And the median was 17.93%.
TSE:373A's Return-on-Tangible-Asset is ranked better than 86.12% of 1138
companies
in the Retail - Cyclical industry
Industry Median: 3.01
vs TSE:373A: 12.55
Lipps Co (TSE:373A) 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.
Lipps Co Return-on-Tangible-Asset Related Terms
Lipps Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Lipps 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.
TSE:373A vs CASY, WSM, ULTA: Return-on-Tangible-Asset Comparison
For the Specialty Retail subindustry, Lipps 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.
Lipps Co Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Lipps Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Lipps 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 13.62% mean?
Lipps Co (TSE:373A) has a Return-on-Tangible-Asset of 13.62% 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 Lipps Co and its competitors. This is 24% below median its historical median of 17.93. Over the past decade, Lipps Co's Return-on-Tangible-Asset has ranged from 12.55 to 18.80. According to the industry distribution chart, Lipps Co ranks #158 out of 1138 companies in the Retail - Cyclical industry, placing it in the top 13.9%.
Is Lipps Co's Return-on-Tangible-Asset too high?
Lipps Co's current Return-on-Tangible-Asset of 13.62% is 24% below median its 10-year median of 17.93. Over the past 10 years, this metric has ranged from a low of 12.55 to a high of 18.80. The Retail - Cyclical industry median Return-on-Tangible-Asset is 3.01. Lipps Co's value of 13.62% is 352.5% above this industry median. Based on the distribution chart, Lipps Co ranks #158 out of 1138 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Lipps Co has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Lipps Co's Return-on-Tangible-Asset compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Lipps Co ranks #158 out of 1138 companies for Return-on-Tangible-Asset. This places Lipps Co in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.01. Lipps Co's value of 13.62% is 352.5% above this benchmark. Historically, Lipps Co's own Return-on-Tangible-Asset has ranged from 12.55 to 18.80 over the past decade. While the company's 10-year median is 17.93 vs. the industry median of 3.01, Lipps 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 Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 3.01, based on 1,138 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. Lipps Co's current Return-on-Tangible-Asset of 13.62% is 352.5% 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 Lipps Co and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lipps Co's current Return-on-Tangible-Asset is 13.62%, which is 24% below median its own 10-year median of 17.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lipps Co stock overvalued right now?
Lipps Co (TSE:373A) has a current Return-on-Tangible-Asset of 13.62%. The current Return-on-Tangible-Asset is 13.62%, which is 24% below median its 10-year median of 17.93 and 352.5% above the Retail - Cyclical industry median of 3.01. Lipps Co's overall GF Score™ is 22/100 with 1 warning sign 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 Lipps Co (TSE:373A), the current Return-on-Tangible-Asset is 13.62% 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.
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