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Hisaka WorksTSE:6247 -0.85%77 Return-on-Tangible-Asset is 5.54% as of Mar. 2026, which is 69% above its 10-year median of 3.27. GuruFocus rates TSE:6247 with a GF Score™ of 77/100 and a GF Value™ of 円1,451.34 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 3,074 Industrial Products companies, Hisaka Works ranks better than 57.16% 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. Hisaka Works's annualizedNet Income for the quarter that ended in Mar. 2026 was 円4,524 Mil. Hisaka Works's average total tangible assets for the quarter that ended in Mar. 2026 was 円81,706 Mil. Therefore, Hisaka Works's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.54%.
The historical rank and industry rank for Hisaka Works's Return-on-Tangible-Asset or its related term are showing as below:
TSE:6247'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.95 Med: 3.27 Max: 4.65
Current: 4.27
During the past 13 years, Hisaka Works's highest Return-on-Tangible-Asset was 4.65%. The lowest was 1.95%. And the median was 3.27%.
TSE:6247's Return-on-Tangible-Asset is ranked better than 57.16% of 3074
companies
in the Industrial Products industry
Industry Median: 3.25
vs TSE:6247: 4.27
Hisaka Works (TSE:6247) 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.
Hisaka Works Return-on-Tangible-Asset Related Terms
Hisaka Works Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Hisaka Works'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:6247 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Hisaka Works'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.
Hisaka Works Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hisaka Works's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hisaka Works'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 5.54% mean?
Hisaka Works (TSE:6247) has a Return-on-Tangible-Asset of 5.54% 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 Hisaka Works and its competitors. This is 69% above median its historical median of 3.27. Over the past decade, Hisaka Works' Return-on-Tangible-Asset has ranged from 1.95 to 4.65. According to the industry distribution chart, Hisaka Works ranks #1317 out of 3074 companies in the Industrial Products industry, placing it in the top 42.8%.
Is Hisaka Works' Return-on-Tangible-Asset too high?
Hisaka Works' current Return-on-Tangible-Asset of 5.54% is 69% above median its 10-year median of 3.27. Over the past 10 years, this metric has ranged from a low of 1.95 to a high of 4.65. The Industrial Products industry median Return-on-Tangible-Asset is 3.25. Hisaka Works' value of 5.54% is 70.5% above this industry median. Based on the distribution chart, Hisaka Works ranks #1317 out of 3074 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Hisaka Works has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hisaka Works' Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Hisaka Works ranks #1317 out of 3074 companies for Return-on-Tangible-Asset. This puts Hisaka Works in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.25. Hisaka Works' value of 5.54% is 70.5% above this benchmark. Historically, Hisaka Works' own Return-on-Tangible-Asset has ranged from 1.95 to 4.65 over the past decade. While the company's 10-year median is 3.27 vs. the industry median of 3.25, Hisaka Works 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 3.25, 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. Hisaka Works's current Return-on-Tangible-Asset of 5.54% is 70.5% 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 Hisaka Works 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. Hisaka Works's current Return-on-Tangible-Asset is 5.54%, which is 69% above median its own 10-year median of 3.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hisaka Works stock overvalued right now?
Based on GuruFocus' analysis, Hisaka Works (TSE:6247) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,451.34, compared to a current price of 円1,745.00 — trading 20.2% above its estimated fair value. The current Return-on-Tangible-Asset is 5.54%, which is 69% above median its 10-year median of 3.27 and 70.5% above the Industrial Products industry median of 3.25. Hisaka Works' overall GF Score™ is 77/100 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 Hisaka Works (TSE:6247), the current Return-on-Tangible-Asset is 5.54% 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 Hisaka Works (TSE:6247) Overvalued in 2026?
Based on GuruFocus' analysis, Hisaka Works stock appears to be overvalued.
The current stock price of 円1,745.00 is trading 20.2% above its estimated GF Value™ of 円1,451.34.
GuruFocus considers Hisaka Works to be Modestly Overvalued.
Key valuation signals for TSE:6247:
Return-on-Tangible-Asset: 5.54% (69% above median its 10-year median of 3.27)
GF Value™: 円1,451.34 vs. price of 円1,745.00 (20.2% above fair value)
Industry Position: 70.5% above the Industrial Products median (#1317 of 3074)
No single metric tells the full story. See the TSE:6247 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hisaka Works Ltd is a Japan-based company mainly engaged in the manufacture and sale of heat exchangers. The company operates through three segments namely Heat exchanger, Process engineering, and Valve divisions. Its Heat exchanger segments offer plate heat exchangers (PHE), semi-welded PHE, and plate condenser. The Process engineering segment provides food machinery, such as retort sterilization, liquid sequential sterilization, and concentration. Its Valve division segment renders ball valves, such as jacketed ball valves, tank bottom ball valves, pocket fewer valves and bamboo-type valves, and others.
77GF Score
Get the complete analysis for TSE:6247
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