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Tekscend PhotomaskTSE:429A -2.11%20 Return-on-Tangible-Asset is 9.21% as of Jun. 2026, which is 16% below its 10-year median of 10.90. GuruFocus rates TSE:429A with a GF Score™ of 20/100. Among 1,037 Semiconductors companies, Tekscend Photomask ranks better than 79.27% 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. Tekscend Photomask's annualizedNet Income for the quarter that ended in Jun. 2026 was 円21,200 Mil. Tekscend Photomask's average total tangible assets for the quarter that ended in Jun. 2026 was 円230,165 Mil. Therefore, Tekscend Photomask's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 9.21%.
The historical rank and industry rank for Tekscend Photomask's Return-on-Tangible-Asset or its related term are showing as below:
TSE:429A'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.57 Med: 10.9 Max: 28.08
Current: 11.98
During the past 5 years, Tekscend Photomask's highest Return-on-Tangible-Asset was 28.08%. The lowest was 5.57%. And the median was 10.90%.
TSE:429A's Return-on-Tangible-Asset is ranked better than 79.27% of 1037
companies
in the Semiconductors industry
Industry Median: 3.8
vs TSE:429A: 11.98
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.
Tekscend Photomask Return-on-Tangible-Asset Related Terms
Tekscend Photomask Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Tekscend Photomask'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:429A vs LRCX, AMAT, KLAC: Return-on-Tangible-Asset Comparison
For the Semiconductor Equipment & Materials subindustry, Tekscend Photomask'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.
Tekscend Photomask Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Tekscend Photomask's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tekscend Photomask'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 9.21% mean?
Tekscend Photomask (TSE:429A) has a Return-on-Tangible-Asset of 9.21% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Tekscend Photomask and its competitors. This is 16% below median its historical median of 10.90. Over the past decade, Tekscend Photomask's Return-on-Tangible-Asset has ranged from 5.57 to 28.08. According to the industry distribution chart, Tekscend Photomask ranks #215 out of 1037 companies in the Semiconductors industry, placing it in the top 20.7%.
Is Tekscend Photomask's Return-on-Tangible-Asset too high?
Tekscend Photomask's current Return-on-Tangible-Asset of 9.21% is 16% below median its 10-year median of 10.90. Over the past 10 years, this metric has ranged from a low of 5.57 to a high of 28.08. The Semiconductors industry median Return-on-Tangible-Asset is 3.80. Tekscend Photomask's value of 9.21% is 142.4% above this industry median. Based on the distribution chart, Tekscend Photomask ranks #215 out of 1037 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Tekscend Photomask has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Tekscend Photomask's Return-on-Tangible-Asset compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, Tekscend Photomask ranks #215 out of 1037 companies for Return-on-Tangible-Asset. This places Tekscend Photomask in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.80. Tekscend Photomask's value of 9.21% is 142.4% above this benchmark. Historically, Tekscend Photomask's own Return-on-Tangible-Asset has ranged from 5.57 to 28.08 over the past decade. While the company's 10-year median is 10.90 vs. the industry median of 3.80, Tekscend Photomask 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 3.80, based on 1,037 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. Tekscend Photomask's current Return-on-Tangible-Asset of 9.21% is 142.4% 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 Tekscend Photomask and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tekscend Photomask's current Return-on-Tangible-Asset is 9.21%, which is 16% below median its own 10-year median of 10.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tekscend Photomask stock overvalued right now?
Tekscend Photomask (TSE:429A) has a current Return-on-Tangible-Asset of 9.21%. The current Return-on-Tangible-Asset is 9.21%, which is 16% below median its 10-year median of 10.90 and 142.4% above the Semiconductors industry median of 3.80. Tekscend Photomask's overall GF Score™ is 20/100. 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 Tekscend Photomask (TSE:429A), the current Return-on-Tangible-Asset is 9.21% as of Jun. 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.
Tekscend Photomask Corp is engaged in the manufacturing and distribution of semiconductor photomasks. The company's products include Photomasks for Semiconductors, Molds for Nanoimprint, Photomasks for Various Applications, and Silicon Stencil Masks.
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