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Daiwa Cycle CoTSE:5888 -0.21%19 Return-on-Tangible-Asset is 4.77% as of Jan. 2026, which is 42% below its 10-year median of 8.20. GuruFocus rates TSE:5888 with a GF Score™ of 19/100. Among 1,334 Vehicles & Parts companies, Daiwa Cycle Co ranks better than 88.46% 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. Daiwa Cycle Co's annualizedNet Income for the quarter that ended in Jan. 2026 was 円441 Mil. Daiwa Cycle Co's average total tangible assets for the quarter that ended in Jan. 2026 was 円9,254 Mil. Therefore, Daiwa Cycle Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 was 4.77%.
The historical rank and industry rank for Daiwa Cycle Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:5888'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.98 Med: 8.2 Max: 11.38
Current: 10.3
During the past 5 years, Daiwa Cycle Co's highest Return-on-Tangible-Asset was 11.38%. The lowest was 2.98%. And the median was 8.20%.
TSE:5888's Return-on-Tangible-Asset is ranked better than 88.46% of 1334
companies
in the Vehicles & Parts industry
Industry Median: 3.35
vs TSE:5888: 10.30
Daiwa Cycle Co (TSE:5888) 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.
Daiwa Cycle Co Return-on-Tangible-Asset Related Terms
Daiwa Cycle Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Daiwa Cycle 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:5888 vs BC, PII, THO: Return-on-Tangible-Asset Comparison
For the Recreational Vehicles subindustry, Daiwa Cycle 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.
Daiwa Cycle Co Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Daiwa Cycle Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Daiwa Cycle 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 (Jan. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.77% mean?
Daiwa Cycle Co (TSE:5888) has a Return-on-Tangible-Asset of 4.77% as of Jan. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Daiwa Cycle Co and its competitors. This is 42% below median its historical median of 8.20. Over the past decade, Daiwa Cycle Co's Return-on-Tangible-Asset has ranged from 2.98 to 11.38. According to the industry distribution chart, Daiwa Cycle Co ranks #154 out of 1334 companies in the Vehicles & Parts industry, placing it in the top 11.5%.
Is Daiwa Cycle Co's Return-on-Tangible-Asset too high?
Daiwa Cycle Co's current Return-on-Tangible-Asset of 4.77% is 42% below median its 10-year median of 8.20. Over the past 10 years, this metric has ranged from a low of 2.98 to a high of 11.38. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.35. Daiwa Cycle Co's value of 4.77% is 42.4% above this industry median. Based on the distribution chart, Daiwa Cycle Co ranks #154 out of 1334 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Daiwa Cycle Co has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Daiwa Cycle Co's Return-on-Tangible-Asset compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Daiwa Cycle Co ranks #154 out of 1334 companies for Return-on-Tangible-Asset. This places Daiwa Cycle Co in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.35. Daiwa Cycle Co's value of 4.77% is 42.4% above this benchmark. Historically, Daiwa Cycle Co's own Return-on-Tangible-Asset has ranged from 2.98 to 11.38 over the past decade. While the company's 10-year median is 8.20 vs. the industry median of 3.35, Daiwa Cycle 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.35, based on 1,334 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. Daiwa Cycle Co's current Return-on-Tangible-Asset of 4.77% is 42.4% 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 Daiwa Cycle Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daiwa Cycle Co's current Return-on-Tangible-Asset is 4.77%, which is 42% below median its own 10-year median of 8.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa Cycle Co stock overvalued right now?
Daiwa Cycle Co (TSE:5888) has a current Return-on-Tangible-Asset of 4.77%. The current Return-on-Tangible-Asset is 4.77%, which is 42% below median its 10-year median of 8.20 and 42.4% above the Vehicles & Parts industry median of 3.35. Daiwa Cycle Co's overall GF Score™ is 19/100. 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 Daiwa Cycle Co (TSE:5888), the current Return-on-Tangible-Asset is 4.77% as of Jan. 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.
Daiwa Cycle Co Ltd is a specialty retail company that operates a chain of bicycle stores. The Company is engaged in the Sales of bicycles, bicycle parts and accessories as well as the provision of bicycle maintenance and repair. The company distributes its products and services directly to consumers through its directly managed physical locations, franchise partnerships, and e-commerce platforms.
19GF Score
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