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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. Asahi Yukizai's annualizedNet Income for the quarter that ended in Mar. 2026 was 円-2,796 Mil. Asahi Yukizai's average total tangible assets for the quarter that ended in Mar. 2026 was 円105,445 Mil. Therefore, Asahi Yukizai's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -2.65%.
The historical rank and industry rank for Asahi Yukizai's Return-on-Tangible-Asset or its related term are showing as below:
TSE:4216'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.05 Med: 5.68 Max: 12.47
Current: 3.47
During the past 13 years, Asahi Yukizai's highest Return-on-Tangible-Asset was 12.47%. The lowest was 2.05%. And the median was 5.68%.
TSE:4216's Return-on-Tangible-Asset is ranked better than 52.52% of 1788
companies
in the Construction industry
Industry Median: 3.095
vs TSE:4216: 3.47
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.
Asahi Yukizai Return-on-Tangible-Asset Related Terms
Asahi Yukizai Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Asahi Yukizai'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:4216 vs TT, JCI, CARR: Return-on-Tangible-Asset Comparison
For the Building Products & Equipment subindustry, Asahi Yukizai'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.
Asahi Yukizai Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Asahi Yukizai's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Asahi Yukizai'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 -2.65% mean?
Asahi Yukizai (TSE:4216) has a Return-on-Tangible-Asset of -2.65% 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 Asahi Yukizai and its competitors. Over the past decade, Asahi Yukizai's Return-on-Tangible-Asset has ranged from 2.05 to 12.47. According to the industry distribution chart, Asahi Yukizai ranks #849 out of 1788 companies in the Construction industry, placing it in the top 47.5%.
Is Asahi Yukizai's Return-on-Tangible-Asset too high?
Asahi Yukizai's current Return-on-Tangible-Asset is -2.65%. Over the past 10 years, this metric has ranged from a low of 2.05 to a high of 12.47. Based on the distribution chart, Asahi Yukizai ranks #849 out of 1788 companies in the Construction industry, which is above the industry midpoint. Overall, Asahi Yukizai has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Yukizai's Return-on-Tangible-Asset compare to TT and JCI?
According to the Construction industry distribution chart, Asahi Yukizai ranks #849 out of 1788 companies for Return-on-Tangible-Asset. This puts Asahi Yukizai in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.10. Historically, Asahi Yukizai's own Return-on-Tangible-Asset has ranged from 2.05 to 12.47 over the past decade. 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.10, based on 1,788 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. 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 Asahi Yukizai and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Yukizai's current Return-on-Tangible-Asset is -2.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Yukizai stock overvalued right now?
Based on GuruFocus' analysis, Asahi Yukizai (TSE:4216) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,351.89, compared to a current price of 円6,080.00 — trading 39.7% above its estimated fair value. The current Return-on-Tangible-Asset is -2.65%. Asahi Yukizai's overall GF Score™ is 93/100 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 Asahi Yukizai (TSE:4216), the current Return-on-Tangible-Asset is -2.65% 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 Asahi Yukizai (TSE:4216) Overvalued in 2026?
Based on GuruFocus' analysis, Asahi Yukizai stock appears to be overvalued.
The current stock price of 円6,080.00 is trading 39.7% above its estimated GF Value™ of 円4,351.89.
GuruFocus considers Asahi Yukizai to be Significantly Overvalued.
Key valuation signals for TSE:4216:
Return-on-Tangible-Asset: -2.65%
GF Value™: 円4,351.89 vs. price of 円6,080.00 (39.7% above fair value)
No single metric tells the full story. See the TSE:4216 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asahi Yukizai Corp engages in the manufacture and sale of industrial resins and piping materials. The firm offers synthetic resin piping material for valves, pipes, fittings, and other locations, as well as the Dymatrix high-performance synthetic resin piping material for LCD- and semiconductor-related systems; and foundry materials and functional resins for casting, molding materials, high functional materials, and others. It also engages in the development and supply of water and thermal resources, including well drilling and geothermal exploitation, and hot spring exploitation; design and construction of water utility facilities and reuse of wastewater; industrial water and wastewater treatment; and provision of public sewage facilities.
93GF Score
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