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Chugokukogyo CoTSE:5974 +1.08%61 Return-on-Tangible-Asset is 5.08% as of Mar. 2026, which is 265% above its 10-year median of 1.39. GuruFocus rates TSE:5974 with a GF Score™ of 61/100 and a GF Value™ of 円637.73 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 511 Utilities - Regulated companies, Chugokukogyo Co ranks worse than 59.49% 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. Chugokukogyo Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円656 Mil. Chugokukogyo Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円12,904 Mil. Therefore, Chugokukogyo Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.08%.
The historical rank and industry rank for Chugokukogyo Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:5974'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.57 Med: 1.39 Max: 2.94
Current: 2.76
During the past 13 years, Chugokukogyo Co's highest Return-on-Tangible-Asset was 2.94%. The lowest was 0.57%. And the median was 1.39%.
TSE:5974's Return-on-Tangible-Asset is ranked worse than 59.49% of 511
companies
in the Utilities - Regulated industry
Industry Median: 3.36
vs TSE:5974: 2.76
Chugokukogyo Co (TSE:5974) 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.
Chugokukogyo Co Return-on-Tangible-Asset Related Terms
Chugokukogyo Co Return-on-Tangible-Asset Historical Data
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The historical data trend for Chugokukogyo 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:5974 vs ATO, NI, UGI: Return-on-Tangible-Asset Comparison
For the Utilities - Regulated Gas subindustry, Chugokukogyo 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.
Chugokukogyo Co Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Chugokukogyo Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Chugokukogyo 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 5.08% mean?
Chugokukogyo Co (TSE:5974) has a Return-on-Tangible-Asset of 5.08% 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 Chugokukogyo Co and its competitors. This is 265% above median its historical median of 1.39. Over the past decade, Chugokukogyo Co's Return-on-Tangible-Asset has ranged from 0.57 to 2.94. According to the industry distribution chart, Chugokukogyo Co ranks #304 out of 511 companies in the Utilities - Regulated industry, placing it in the top 59.5%.
Is Chugokukogyo Co's Return-on-Tangible-Asset too high?
Chugokukogyo Co's current Return-on-Tangible-Asset of 5.08% is 265% above median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 2.94. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.36. Chugokukogyo Co's value of 5.08% is 51.2% above this industry median. Based on the distribution chart, Chugokukogyo Co ranks #304 out of 511 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Chugokukogyo Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chugokukogyo Co's Return-on-Tangible-Asset compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Chugokukogyo Co ranks #304 out of 511 companies for Return-on-Tangible-Asset. This places Chugokukogyo Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.36. Chugokukogyo Co's value of 5.08% is 51.2% above this benchmark. Historically, Chugokukogyo Co's own Return-on-Tangible-Asset has ranged from 0.57 to 2.94 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 3.36, Chugokukogyo 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 an Utilities - Regulated company?
The median Return-on-Tangible-Asset among Utilities - Regulated companies is 3.36, based on 511 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. Chugokukogyo Co's current Return-on-Tangible-Asset of 5.08% is 51.2% 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 Chugokukogyo Co and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chugokukogyo Co's current Return-on-Tangible-Asset is 5.08%, which is 265% above median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chugokukogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Chugokukogyo Co (TSE:5974) is currently considered Significantly Overvalued. The stock's GF Value™ is 円637.73, compared to a current price of 円845.00 — trading 32.5% above its estimated fair value. The current Return-on-Tangible-Asset is 5.08%, which is 265% above median its 10-year median of 1.39 and 51.2% above the Utilities - Regulated industry median of 3.36. Chugokukogyo Co's overall GF Score™ is 61/100 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 Chugokukogyo Co (TSE:5974), the current Return-on-Tangible-Asset is 5.08% 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 Chugokukogyo Co (TSE:5974) Overvalued in 2026?
Based on GuruFocus' analysis, Chugokukogyo Co stock appears to be overvalued.
The current stock price of 円845.00 is trading 32.5% above its estimated GF Value™ of 円637.73.
GuruFocus considers Chugokukogyo Co to be Significantly Overvalued.
Key valuation signals for TSE:5974:
Return-on-Tangible-Asset: 5.08% (265% above median its 10-year median of 1.39)
GF Value™: 円637.73 vs. price of 円845.00 (32.5% above fair value)
Industry Position: 51.2% above the Utilities - Regulated median (#304 of 511)
No single metric tells the full story. See the TSE:5974 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chugokukogyo Co Ltd manufactures and sells LP gas containers, storage tanks, and bulk storage tank; and designs, constructs, and inspects LP gas plants. It is also engaged in the manufacturing of iron structure products; FRP feed tank silage silos; FRP pharmaceutical tanks and covers; FRP automotive parts; and livestock products.
61GF Score
Get the complete analysis for TSE:5974
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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