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Chuo Spring CoTSE:5992 +0.27%59 Return-on-Tangible-Asset is 2.42% as of Mar. 2026, which is 27% above its 10-year median of 1.90. GuruFocus rates TSE:5992 with a GF Score™ of 59/100 and a GF Value™ of 円1,394.61 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,330 Vehicles & Parts companies, Chuo Spring Co ranks better than 82.71% 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. Chuo Spring Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円3,690 Mil. Chuo Spring Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円152,173 Mil. Therefore, Chuo Spring Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.42%.
The historical rank and industry rank for Chuo Spring Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:5992'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.46 Med: 1.9 Max: 8.5
Current: 8.5
During the past 13 years, Chuo Spring Co's highest Return-on-Tangible-Asset was 8.50%. The lowest was 0.46%. And the median was 1.90%.
TSE:5992's Return-on-Tangible-Asset is ranked better than 82.71% of 1330
companies
in the Vehicles & Parts industry
Industry Median: 3.165
vs TSE:5992: 8.50
Chuo Spring Co (TSE:5992) 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.
Chuo Spring Co Return-on-Tangible-Asset Related Terms
Chuo Spring Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Chuo Spring 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:5992 vs ORLY, AZO: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Chuo Spring 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.
Chuo Spring Co Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Chuo Spring Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Chuo Spring 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 2.42% mean?
Chuo Spring Co (TSE:5992) has a Return-on-Tangible-Asset of 2.42% 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 Chuo Spring Co and its competitors. This is 27% above median its historical median of 1.90. Over the past decade, Chuo Spring Co's Return-on-Tangible-Asset has ranged from 0.46 to 8.50. According to the industry distribution chart, Chuo Spring Co ranks #230 out of 1330 companies in the Vehicles & Parts industry, placing it in the top 17.3%.
Is Chuo Spring Co's Return-on-Tangible-Asset too high?
Chuo Spring Co's current Return-on-Tangible-Asset of 2.42% is 27% above median its 10-year median of 1.90. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 8.50. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.17. Chuo Spring Co's value of 2.42% is 23.5% below this industry median. Based on the distribution chart, Chuo Spring Co ranks #230 out of 1330 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Chuo Spring Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chuo Spring Co's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Chuo Spring Co ranks #230 out of 1330 companies for Return-on-Tangible-Asset. This places Chuo Spring Co in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.17. Chuo Spring Co's value of 2.42% is 23.5% below this benchmark. Historically, Chuo Spring Co's own Return-on-Tangible-Asset has ranged from 0.46 to 8.50 over the past decade. While the company's 10-year median is 1.90 vs. the industry median of 3.17, Chuo Spring Co has consistently been below 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 3.17, based on 1,330 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. Chuo Spring Co's current Return-on-Tangible-Asset of 2.42% is 23.5% below 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 Chuo Spring Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chuo Spring Co's current Return-on-Tangible-Asset is 2.42%, which is 27% above median its own 10-year median of 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chuo Spring Co stock overvalued right now?
Based on GuruFocus' analysis, Chuo Spring Co (TSE:5992) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,394.61, compared to a current price of 円3,760.00 — trading 169.6% above its estimated fair value. The current Return-on-Tangible-Asset is 2.42%, which is 27% above median its 10-year median of 1.90 and 23.5% below the Vehicles & Parts industry median of 3.17. Chuo Spring Co's overall GF Score™ is 59/100 with 5 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 Chuo Spring Co (TSE:5992), the current Return-on-Tangible-Asset is 2.42% 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 Chuo Spring Co (TSE:5992) Overvalued in 2026?
Based on GuruFocus' analysis, Chuo Spring Co stock appears to be overvalued.
The current stock price of 円3,760.00 is trading 169.6% above its estimated GF Value™ of 円1,394.61.
GuruFocus considers Chuo Spring Co to be Significantly Overvalued.
Key valuation signals for TSE:5992:
Return-on-Tangible-Asset: 2.42% (27% above median its 10-year median of 1.90)
GF Value™: 円1,394.61 vs. price of 円3,760.00 (169.6% above fair value)
Industry Position: 23.5% below the Vehicles & Parts median (#230 of 1330)
No single metric tells the full story. See the TSE:5992 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chuo Spring Co Ltd engages in the manufacture and sale of springs, control cables, and automobile supplies. It provides chassis springs, precise springs, cables, gold-plating processing and automobile supplies, as well as design and development services for automobile supplies and reels. Its products include various springs for automobiles, industrial machines, precision machines and aircraft; automotive control cables; and control cable application to buildings, agricultural machines, ships, and housings.
59GF Score
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