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CoronaTSE:5909 +0.42%67 Return-on-Tangible-Asset is -2.01% as of Mar. 2026. GuruFocus rates TSE:5909 with a GF Score™ of 67/100 and a GF Value™ of 円968.70 (Fairly Valued). The stock has 6 warning signs investors should review. Among 436 Furnishings, Fixtures & Appliances companies, Corona ranks worse than 59.63% 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. Corona's annualizedNet Income for the quarter that ended in Mar. 2026 was 円-2,080 Mil. Corona's average total tangible assets for the quarter that ended in Mar. 2026 was 円103,344 Mil. Therefore, Corona's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -2.01%.
The historical rank and industry rank for Corona's Return-on-Tangible-Asset or its related term are showing as below:
TSE:5909'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.4 Med: 1.17 Max: 2.15
Current: 1.05
During the past 13 years, Corona's highest Return-on-Tangible-Asset was 2.15%. The lowest was 0.40%. And the median was 1.17%.
TSE:5909's Return-on-Tangible-Asset is ranked worse than 59.63% of 436
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.6
vs TSE:5909: 1.05
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.
Corona Return-on-Tangible-Asset Related Terms
Corona Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Corona'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:5909 vs SN, SGI, MHK: Return-on-Tangible-Asset Comparison
For the Furnishings, Fixtures & Appliances subindustry, Corona'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.
Corona Return-on-Tangible-Asset vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Corona's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Corona'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 -2.01% mean?
Corona (TSE:5909) has a Return-on-Tangible-Asset of -2.01% 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 Corona and its competitors. Over the past decade, Corona's Return-on-Tangible-Asset has ranged from 0.40 to 2.15. According to the industry distribution chart, Corona ranks #260 out of 436 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 59.6%.
Is Corona's Return-on-Tangible-Asset too high?
Corona's current Return-on-Tangible-Asset is -2.01%. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 2.15. Based on the distribution chart, Corona ranks #260 out of 436 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Corona has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Corona's Return-on-Tangible-Asset compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Corona ranks #260 out of 436 companies for Return-on-Tangible-Asset. This places Corona in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.60. Historically, Corona's own Return-on-Tangible-Asset has ranged from 0.40 to 2.15 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Asset among Furnishings, Fixtures & Appliances companies is 2.60, based on 436 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 Corona and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Asset is 2.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corona's current Return-on-Tangible-Asset is -2.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corona stock overvalued right now?
Based on GuruFocus' analysis, Corona (TSE:5909) is currently considered Fairly Valued. The stock's GF Value™ is 円968.70, compared to a current price of 円967.00 — trading 0.2% below its estimated fair value. The current Return-on-Tangible-Asset is -2.01%. Corona's overall GF Score™ is 67/100 with 6 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 Corona (TSE:5909), the current Return-on-Tangible-Asset is -2.01% 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 Corona (TSE:5909) Overvalued in 2026?
Based on GuruFocus' analysis, Corona stock appears to be undervalued.
The current stock price of 円967.00 is trading 0.2% below its estimated GF Value™ of 円968.70.
GuruFocus considers Corona to be Fairly Valued.
Key valuation signals for TSE:5909:
Return-on-Tangible-Asset: -2.01%
GF Value™: 円968.70 vs. price of 円967.00 (0.2% below fair value)
No single metric tells the full story. See the TSE:5909 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Corona Corp engages in the manufacture and sale of heating, air-conditioning and household appliances. It also provides pressure type kerosene cooking stoves; developing a set of technological skills generating epoch-making products; manufacturer of kerosene heating appliances; kerosene combustion technology of the pressure type kerosene heaters; and related supplementary services. Its products include heating appliances such as patented hand clean tanks, kerosene fan heaters and portable kerosene heaters.
67GF Score
Get the complete analysis for TSE:5909
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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