Takamatsu Machinery Co (TSE:6155) Return-on-Tangible-Asset: 1.58% (As of Mar. 2026) — 41% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6155 Takamatsu Machinery Co Ltd TSE:6155
60 GF Score
Price 円504.00
GF Value 円413.60
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Takamatsu Machinery Co Return-on-Tangible-Asset?

Takamatsu Machinery Co TSE:6155 -0.98% 60 Return-on-Tangible-Asset is 1.58% as of Mar. 2026, which is 41% below its 10-year median of 2.69. GuruFocus rates TSE:6155 with a GF Score™ of 60/100 and a GF Value™ of 円413.60 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 3,074 Industrial Products companies, Takamatsu Machinery Co ranks worse than 74.85% 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. Takamatsu Machinery Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円326 Mil. Takamatsu Machinery Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円20,614 Mil. Therefore, Takamatsu Machinery Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.58%.

The historical rank and industry rank for Takamatsu Machinery Co's Return-on-Tangible-Asset or its related term are showing as below:

TSE:6155' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.93   Med: 2.69   Max: 7.49
Current: -0.51

During the past 13 years, Takamatsu Machinery Co's highest Return-on-Tangible-Asset was 7.49%. The lowest was -2.93%. And the median was 2.69%.

TSE:6155's Return-on-Tangible-Asset is ranked worse than
74.85% of 3074 companies
in the Industrial Products industry
Industry Median: 3.25 vs TSE:6155: -0.51

Takamatsu Machinery Co  (TSE:6155) 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 company’s 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 company’s 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.


Takamatsu Machinery Co Return-on-Tangible-Asset Related Terms


Takamatsu Machinery Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Takamatsu Machinery 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.

Takamatsu Machinery Co Return-on-Tangible-Asset Chart

Takamatsu Machinery Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.39 1.99 -2.45 -2.93 -0.50

Takamatsu Machinery Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.86 -7.17 1.28 -2.55 1.58

TSE:6155 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison

For the Specialty Industrial Machinery subindustry, Takamatsu Machinery 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.


Takamatsu Machinery Co Return-on-Tangible-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Takamatsu Machinery Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Takamatsu Machinery Co's Return-on-Tangible-Asset falls into.


TSE:6155
60GF Score
Takamatsu Machinery Co Ltd TSE:6155
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Takamatsu Machinery Co Return-on-Tangible-Asset Calculation

Takamatsu Machinery Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=-107/( (21790+20746)/ 2 )
=-107/21268
=-0.50 %

Takamatsu Machinery Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=326/( (20482+20746)/ 2 )
=326/20614
=1.58 %

* 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 1.58% mean?
Takamatsu Machinery Co (TSE:6155) has a Return-on-Tangible-Asset of 1.58% 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 Takamatsu Machinery Co and its competitors. This is 41% below median its historical median of 2.69. According to the industry distribution chart, Takamatsu Machinery Co ranks #2301 out of 3074 companies in the Industrial Products industry, placing it in the top 74.9%.
Is Takamatsu Machinery Co's Return-on-Tangible-Asset too high?
Takamatsu Machinery Co's current Return-on-Tangible-Asset of 1.58% is 41% below median its 10-year median of 2.69. The Industrial Products industry median Return-on-Tangible-Asset is 3.25. Takamatsu Machinery Co's value of 1.58% is 51.4% below this industry median. Based on the distribution chart, Takamatsu Machinery Co ranks #2301 out of 3074 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Takamatsu Machinery Co has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Takamatsu Machinery Co's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Takamatsu Machinery Co ranks #2301 out of 3074 companies for Return-on-Tangible-Asset. This places Takamatsu Machinery Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.25. Takamatsu Machinery Co's value of 1.58% is 51.4% below this benchmark. While the company's 10-year median is 2.69 vs. the industry median of 3.25, Takamatsu Machinery 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.25, based on 3,074 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. Takamatsu Machinery Co's current Return-on-Tangible-Asset of 1.58% is 51.4% 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 Takamatsu Machinery Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Takamatsu Machinery Co's current Return-on-Tangible-Asset is 1.58%, which is 41% below median its own 10-year median of 2.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Takamatsu Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Takamatsu Machinery Co (TSE:6155) is currently considered Modestly Overvalued. The stock's GF Value™ is 円413.60, compared to a current price of 円504.00 — trading 21.9% above its estimated fair value. The current Return-on-Tangible-Asset is 1.58%, which is 41% below median its 10-year median of 2.69 and 51.4% below the Industrial Products industry median of 3.25. Takamatsu Machinery Co's overall GF Score™ is 60/100 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 Takamatsu Machinery Co (TSE:6155), the current Return-on-Tangible-Asset is 1.58% 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 Takamatsu Machinery Co (TSE:6155) Overvalued in 2026?

Based on GuruFocus' analysis, Takamatsu Machinery Co stock appears to be overvalued. The current stock price of 円504.00 is trading 21.9% above its estimated GF Value™ of 円413.60. GuruFocus considers Takamatsu Machinery Co to be Modestly Overvalued.

Key valuation signals for TSE:6155:

  • Return-on-Tangible-Asset: 1.58% (41% below median its 10-year median of 2.69)
  • GF Value™: 円413.60 vs. price of 円504.00 (21.9% above fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 51.4% below the Industrial Products median (#2301 of 3074)

No single metric tells the full story. See the TSE:6155 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Takamatsu Machinery Co Business Description

Address 1-8 Asahigaoka, Ishikawa, Hakusan, JPN, 924-8558
Takamatsu Machinery Co Ltd is a Japan-based machine manufacturer. The company is engaged in the manufacturing and sale of machine tools including computer numerical control (CNC) precision lathes, and special-purpose machines.
60GF Score

Get the complete analysis for TSE:6155

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円504.00
Price
円413.60
GF Value