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CTS CoTSE:4345 -0.36%83 Return-on-Tangible-Asset is 14.87% as of Mar. 2026, which is 25% above its 10-year median of 11.85. GuruFocus rates TSE:4345 with a GF Score™ of 83/100 and a GF Value™ of 円939.00 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,094 Business Services companies, CTS Co ranks better than 86.65% 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. CTS Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円2,920 Mil. CTS Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円19,643 Mil. Therefore, CTS Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 14.87%.
The historical rank and industry rank for CTS Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:4345'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.8 Med: 11.85 Max: 14.41
Current: 14.34
During the past 13 years, CTS Co's highest Return-on-Tangible-Asset was 14.41%. The lowest was 8.80%. And the median was 11.85%.
TSE:4345's Return-on-Tangible-Asset is ranked better than 86.65% of 1094
companies
in the Business Services industry
Industry Median: 3.98
vs TSE:4345: 14.34
CTS Co (TSE:4345) 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.
CTS Co Return-on-Tangible-Asset Related Terms
CTS Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for CTS 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:4345 vs URI, SUNB, AER: Return-on-Tangible-Asset Comparison
For the Rental & Leasing Services subindustry, CTS 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.
CTS Co Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, CTS Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CTS 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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 14.87% mean?
CTS Co (TSE:4345) has a Return-on-Tangible-Asset of 14.87% 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 CTS Co and its competitors. This is 25% above median its historical median of 11.85. Over the past decade, CTS Co's Return-on-Tangible-Asset has ranged from 8.80 to 14.41. According to the industry distribution chart, CTS Co ranks #146 out of 1094 companies in the Business Services industry, placing it in the top 13.3%.
Is CTS Co's Return-on-Tangible-Asset too high?
CTS Co's current Return-on-Tangible-Asset of 14.87% is 25% above median its 10-year median of 11.85. Over the past 10 years, this metric has ranged from a low of 8.80 to a high of 14.41. The Business Services industry median Return-on-Tangible-Asset is 3.98. CTS Co's value of 14.87% is 273.6% above this industry median. Based on the distribution chart, CTS Co ranks #146 out of 1094 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, CTS Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CTS Co's Return-on-Tangible-Asset compare to URI and SUNB?
According to the Business Services industry distribution chart, CTS Co ranks #146 out of 1094 companies for Return-on-Tangible-Asset. This places CTS Co in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.98. CTS Co's value of 14.87% is 273.6% above this benchmark. Historically, CTS Co's own Return-on-Tangible-Asset has ranged from 8.80 to 14.41 over the past decade. While the company's 10-year median is 11.85 vs. the industry median of 3.98, CTS 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.98, based on 1,094 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. CTS Co's current Return-on-Tangible-Asset of 14.87% is 273.6% 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 CTS Co and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CTS Co's current Return-on-Tangible-Asset is 14.87%, which is 25% above median its own 10-year median of 11.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTS Co stock overvalued right now?
Based on GuruFocus' analysis, CTS Co (TSE:4345) is currently considered Modestly Undervalued. The stock's GF Value™ is 円939.00, compared to a current price of 円841.00 — trading 10.4% below its estimated fair value. The current Return-on-Tangible-Asset is 14.87%, which is 25% above median its 10-year median of 11.85 and 273.6% above the Business Services industry median of 3.98. CTS Co's overall GF Score™ is 83/100 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 CTS Co (TSE:4345), the current Return-on-Tangible-Asset is 14.87% 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 CTS Co (TSE:4345) Overvalued in 2026?
Based on GuruFocus' analysis, CTS Co stock appears to be undervalued.
The current stock price of 円841.00 is trading 10.4% below its estimated GF Value™ of 円939.00.
GuruFocus considers CTS Co to be Modestly Undervalued.
Key valuation signals for TSE:4345:
Return-on-Tangible-Asset: 14.87% (25% above median its 10-year median of 11.85)
GF Value™: 円939.00 vs. price of 円841.00 (10.4% below fair value)
Industry Position: 273.6% above the Business Services median (#146 of 1094)
No single metric tells the full story. See the TSE:4345 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CTS Co Ltd is engaged in construction ICT, system business, survey measurement business, house furniture business and environmental safety business. The company's segments are: DDS Business; SMS Business; and SH Business.
83GF Score
Get the complete analysis for TSE:4345
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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