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Molitec Steel CoTSE:5986 -0.78%77 Return-on-Tangible-Asset is 5.28% as of Mar. 2026, which is 428% above its 10-year median of 1.00. GuruFocus rates TSE:5986 with a GF Score™ of 77/100 and a GF Value™ of 円208.64 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 633 Steel companies, Molitec Steel Co ranks better than 54.34% 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. Molitec Steel Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円1,843 Mil. Molitec Steel Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円34,915 Mil. Therefore, Molitec Steel Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.28%.
The historical rank and industry rank for Molitec Steel Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:5986'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.35 Med: 1 Max: 3.55
Current: 2.95
During the past 13 years, Molitec Steel Co's highest Return-on-Tangible-Asset was 3.55%. The lowest was -2.35%. And the median was 1.00%.
TSE:5986's Return-on-Tangible-Asset is ranked better than 54.34% of 633
companies
in the Steel industry
Industry Median: 2.41
vs TSE:5986: 2.95
Molitec Steel Co (TSE:5986) 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.
Molitec Steel Co Return-on-Tangible-Asset Related Terms
Molitec Steel Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Molitec Steel 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:5986 vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, Molitec Steel 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.
Molitec Steel Co Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Molitec Steel Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Molitec Steel 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 5.28% mean?
Molitec Steel Co (TSE:5986) has a Return-on-Tangible-Asset of 5.28% 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 Molitec Steel Co and its competitors. This is 428% above median its historical median of 1.00. According to the industry distribution chart, Molitec Steel Co ranks #289 out of 633 companies in the Steel industry, placing it in the top 45.7%.
Is Molitec Steel Co's Return-on-Tangible-Asset too high?
Molitec Steel Co's current Return-on-Tangible-Asset of 5.28% is 428% above median its 10-year median of 1.00. The Steel industry median Return-on-Tangible-Asset is 2.41. Molitec Steel Co's value of 5.28% is 119.1% above this industry median. Based on the distribution chart, Molitec Steel Co ranks #289 out of 633 companies in the Steel industry, which is above the industry midpoint. Overall, Molitec Steel Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Molitec Steel Co's Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Molitec Steel Co ranks #289 out of 633 companies for Return-on-Tangible-Asset. This puts Molitec Steel Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.41. Molitec Steel Co's value of 5.28% is 119.1% above this benchmark. While the company's 10-year median is 1.00 vs. the industry median of 2.41, Molitec Steel 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 Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.41, based on 633 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. Molitec Steel Co's current Return-on-Tangible-Asset of 5.28% is 119.1% 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 Molitec Steel Co and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Molitec Steel Co's current Return-on-Tangible-Asset is 5.28%, which is 428% above median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Molitec Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Molitec Steel Co (TSE:5986) is currently considered Modestly Overvalued. The stock's GF Value™ is 円208.64, compared to a current price of 円256.00 — trading 22.7% above its estimated fair value. The current Return-on-Tangible-Asset is 5.28%, which is 428% above median its 10-year median of 1.00 and 119.1% above the Steel industry median of 2.41. Molitec Steel Co's overall GF Score™ is 77/100 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 Molitec Steel Co (TSE:5986), the current Return-on-Tangible-Asset is 5.28% 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 Molitec Steel Co (TSE:5986) Overvalued in 2026?
Based on GuruFocus' analysis, Molitec Steel Co stock appears to be overvalued.
The current stock price of 円256.00 is trading 22.7% above its estimated GF Value™ of 円208.64.
GuruFocus considers Molitec Steel Co to be Modestly Overvalued.
Key valuation signals for TSE:5986:
Return-on-Tangible-Asset: 5.28% (428% above median its 10-year median of 1.00)
GF Value™: 円208.64 vs. price of 円256.00 (22.7% above fair value)
Industry Position: 119.1% above the Steel median (#289 of 633)
No single metric tells the full story. See the TSE:5986 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Molitec Steel Co Ltd operates in the steel industry. The company is engaged in the business of processing and selling Cold Rolled Special Steel Strips, Stainless Steel Strips, and Various Steel Strips. The company is also involved in the manufacture and sale of various machinery tools, steel parts, plastic products and parts, and the import and export of merchandise.
77GF Score
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