Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Asaka Riken CoTSE:5724 +13.50%55 Return-on-Tangible-Asset is 6.43% as of Mar. 2026, which is 63% above its 10-year median of 3.95. GuruFocus rates TSE:5724 with a GF Score™ of 55/100 and a GF Value™ of 円1,266.97 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,666 Metals & Mining companies, Asaka Riken Co ranks better than 82.45% 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. Asaka Riken Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円988 Mil. Asaka Riken Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円15,359 Mil. Therefore, Asaka Riken Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.43%.
The historical rank and industry rank for Asaka Riken Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:5724'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.29 Med: 3.95 Max: 8.33
Current: 4.77
During the past 13 years, Asaka Riken Co's highest Return-on-Tangible-Asset was 8.33%. The lowest was 1.29%. And the median was 3.95%.
TSE:5724's Return-on-Tangible-Asset is ranked better than 82.45% of 2666
companies
in the Metals & Mining industry
Industry Median: -17.3
vs TSE:5724: 4.77
Asaka Riken Co (TSE:5724) 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.
Asaka Riken Co Return-on-Tangible-Asset Related Terms
Asaka Riken Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Asaka Riken 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.
Asaka Riken Co Return-on-Tangible-Asset Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Asaka Riken 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.
Asaka Riken Co Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Asaka Riken Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Asaka Riken 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 6.43% mean?
Asaka Riken Co (TSE:5724) has a Return-on-Tangible-Asset of 6.43% 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 Asaka Riken Co and its competitors. This is 63% above median its historical median of 3.95. Over the past decade, Asaka Riken Co's Return-on-Tangible-Asset has ranged from 1.29 to 8.33. According to the industry distribution chart, Asaka Riken Co ranks #468 out of 2666 companies in the Metals & Mining industry, placing it in the top 17.6%.
Is Asaka Riken Co's Return-on-Tangible-Asset too high?
Asaka Riken Co's current Return-on-Tangible-Asset of 6.43% is 63% above median its 10-year median of 3.95. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 8.33. Based on the distribution chart, Asaka Riken Co ranks #468 out of 2666 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Asaka Riken Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asaka Riken Co's Return-on-Tangible-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Asaka Riken Co ranks #468 out of 2666 companies for Return-on-Tangible-Asset. This places Asaka Riken Co in the top 18% of its industry — outperforming the majority of peers. Historically, Asaka Riken Co's own Return-on-Tangible-Asset has ranged from 1.29 to 8.33 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 Metals & Mining company?
A good Return-on-Tangible-Asset depends on the Metals & Mining industry context. 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 Asaka Riken Co and its competitors. Asaka Riken Co's current Return-on-Tangible-Asset is 6.43%, which is 63% above median its own 10-year median of 3.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asaka Riken Co stock overvalued right now?
Based on GuruFocus' analysis, Asaka Riken Co (TSE:5724) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,266.97, compared to a current price of 円2,740.00 — trading 116.3% above its estimated fair value. The current Return-on-Tangible-Asset is 6.43%, which is 63% above median its 10-year median of 3.95. Asaka Riken Co's overall GF Score™ is 55/100 with 4 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 Asaka Riken Co (TSE:5724), the current Return-on-Tangible-Asset is 6.43% 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 Asaka Riken Co (TSE:5724) Overvalued in 2026?
Based on GuruFocus' analysis, Asaka Riken Co stock appears to be overvalued.
The current stock price of 円2,740.00 is trading 116.3% above its estimated GF Value™ of 円1,266.97.
GuruFocus considers Asaka Riken Co to be Significantly Overvalued.
Key valuation signals for TSE:5724:
Return-on-Tangible-Asset: 6.43% (63% above median its 10-year median of 3.95)
GF Value™: 円1,266.97 vs. price of 円2,740.00 (116.3% above fair value)
No single metric tells the full story. See the TSE:5724 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:5724 has been successfully added to your 
