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KOIKENSO KOGYO CoTSE:6137 -0.97%73 Return-on-Tangible-Asset is 8.37% as of Mar. 2026, which is 312% above its 10-year median of 2.03. GuruFocus rates TSE:6137 with a GF Score™ of 73/100 and a GF Value™ of 円1,288.18 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 3,077 Industrial Products companies, KOIKENSO KOGYO Co ranks better than 59.51% 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. KOIKENSO KOGYO Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円6,424 Mil. KOIKENSO KOGYO Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円76,719 Mil. Therefore, KOIKENSO KOGYO Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 8.37%.
The historical rank and industry rank for KOIKENSO KOGYO Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:6137'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.11 Med: 2.03 Max: 4.95
Current: 4.67
During the past 13 years, KOIKENSO KOGYO Co's highest Return-on-Tangible-Asset was 4.95%. The lowest was -0.11%. And the median was 2.03%.
TSE:6137's Return-on-Tangible-Asset is ranked better than 59.51% of 3077
companies
in the Industrial Products industry
Industry Median: 3.31
vs TSE:6137: 4.67
KOIKENSO KOGYO Co (TSE:6137) 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.
KOIKENSO KOGYO Co Return-on-Tangible-Asset Related Terms
KOIKENSO KOGYO Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for KOIKENSO KOGYO 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:6137 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, KOIKENSO KOGYO 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.
KOIKENSO KOGYO Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, KOIKENSO KOGYO Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where KOIKENSO KOGYO 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 8.37% mean?
KOIKENSO KOGYO Co (TSE:6137) has a Return-on-Tangible-Asset of 8.37% 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 KOIKENSO KOGYO Co and its competitors. This is 312% above median its historical median of 2.03. According to the industry distribution chart, KOIKENSO KOGYO Co ranks #1246 out of 3077 companies in the Industrial Products industry, placing it in the top 40.5%.
Is KOIKENSO KOGYO Co's Return-on-Tangible-Asset too high?
KOIKENSO KOGYO Co's current Return-on-Tangible-Asset of 8.37% is 312% above median its 10-year median of 2.03. The Industrial Products industry median Return-on-Tangible-Asset is 3.31. KOIKENSO KOGYO Co's value of 8.37% is 152.9% above this industry median. Based on the distribution chart, KOIKENSO KOGYO Co ranks #1246 out of 3077 companies in the Industrial Products industry, which is above the industry midpoint. Overall, KOIKENSO KOGYO Co has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KOIKENSO KOGYO Co's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, KOIKENSO KOGYO Co ranks #1246 out of 3077 companies for Return-on-Tangible-Asset. This puts KOIKENSO KOGYO Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.31. KOIKENSO KOGYO Co's value of 8.37% is 152.9% above this benchmark. While the company's 10-year median is 2.03 vs. the industry median of 3.31, KOIKENSO KOGYO 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 Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.31, based on 3,077 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. KOIKENSO KOGYO Co's current Return-on-Tangible-Asset of 8.37% is 152.9% 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 KOIKENSO KOGYO Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KOIKENSO KOGYO Co's current Return-on-Tangible-Asset is 8.37%, which is 312% above median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KOIKENSO KOGYO Co stock overvalued right now?
Based on GuruFocus' analysis, KOIKENSO KOGYO Co (TSE:6137) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,288.18, compared to a current price of 円1,531.00 — trading 18.8% above its estimated fair value. The current Return-on-Tangible-Asset is 8.37%, which is 312% above median its 10-year median of 2.03 and 152.9% above the Industrial Products industry median of 3.31. KOIKENSO KOGYO Co's overall GF Score™ is 73/100 with 2 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 KOIKENSO KOGYO Co (TSE:6137), the current Return-on-Tangible-Asset is 8.37% 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 KOIKENSO KOGYO Co (TSE:6137) Overvalued in 2026?
Based on GuruFocus' analysis, KOIKENSO KOGYO Co stock appears to be overvalued.
The current stock price of 円1,531.00 is trading 18.8% above its estimated GF Value™ of 円1,288.18.
GuruFocus considers KOIKENSO KOGYO Co to be Modestly Overvalued.
Key valuation signals for TSE:6137:
Return-on-Tangible-Asset: 8.37% (312% above median its 10-year median of 2.03)
GF Value™: 円1,288.18 vs. price of 円1,531.00 (18.8% above fair value)
Industry Position: 152.9% above the Industrial Products median (#1246 of 3077)
No single metric tells the full story. See the TSE:6137 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KOIKE SANSO KOGYO Co Ltd is a Japan-based machine manufacturer. The company is engaged in the manufacturing and sale of processing machines and systems for welding and cutting and related products. The products offered by the company include gas equipment, exhaust gas treatment equipment, cutting and welding machine. The company caters its products and services to shipbuilding, steel bridges, construction machinery, industrial machinery, automobiles, electric products, and semiconductor industries. KOIKE SANSO KOGYO sells its products in Japan and overseas market.
73GF Score
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