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Marumae CoTSE:6264 +3.91%82 Return-on-Tangible-Asset is 15.66% as of Feb. 2026, which is 72% above its 10-year median of 9.10. GuruFocus rates TSE:6264 with a GF Score™ of 82/100 and a GF Value™ of 円2,266.40 (Fairly Valued). The stock has 7 warning signs investors should review. Among 3,077 Industrial Products companies, Marumae Co ranks better than 90.74% 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. Marumae Co's annualizedNet Income for the quarter that ended in Feb. 2026 was 円3,342 Mil. Marumae Co's average total tangible assets for the quarter that ended in Feb. 2026 was 円21,343 Mil. Therefore, Marumae Co's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 15.66%.
The historical rank and industry rank for Marumae Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:6264'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.17 Med: 9.1 Max: 16.37
Current: 12.7
During the past 13 years, Marumae Co's highest Return-on-Tangible-Asset was 16.37%. The lowest was 0.17%. And the median was 9.10%.
TSE:6264's Return-on-Tangible-Asset is ranked better than 90.74% of 3077
companies
in the Industrial Products industry
Industry Median: 3.26
vs TSE:6264: 12.70
Marumae Co (TSE:6264) 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.
Marumae Co Return-on-Tangible-Asset Related Terms
Marumae Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Marumae 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:6264 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Marumae 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.
Marumae Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Marumae Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Marumae 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 (Feb. 2026) net income data.
What does a Return-on-Tangible-Asset of 15.66% mean?
Marumae Co (TSE:6264) has a Return-on-Tangible-Asset of 15.66% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Marumae Co and its competitors. This is 72% above median its historical median of 9.10. Over the past decade, Marumae Co's Return-on-Tangible-Asset has ranged from 0.17 to 16.37. According to the industry distribution chart, Marumae Co ranks #285 out of 3077 companies in the Industrial Products industry, placing it in the top 9.3%.
Is Marumae Co's Return-on-Tangible-Asset too high?
Marumae Co's current Return-on-Tangible-Asset of 15.66% is 72% above median its 10-year median of 9.10. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 16.37. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Marumae Co's value of 15.66% is 380.4% above this industry median. Based on the distribution chart, Marumae Co ranks #285 out of 3077 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Marumae Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Marumae Co's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Marumae Co ranks #285 out of 3077 companies for Return-on-Tangible-Asset. This places Marumae Co in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.26. Marumae Co's value of 15.66% is 380.4% above this benchmark. Historically, Marumae Co's own Return-on-Tangible-Asset has ranged from 0.17 to 16.37 over the past decade. While the company's 10-year median is 9.10 vs. the industry median of 3.26, Marumae 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 3.26, 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. Marumae Co's current Return-on-Tangible-Asset of 15.66% is 380.4% 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 Marumae Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marumae Co's current Return-on-Tangible-Asset is 15.66%, which is 72% above median its own 10-year median of 9.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marumae Co stock overvalued right now?
Based on GuruFocus' analysis, Marumae Co (TSE:6264) is currently considered Fairly Valued. The stock's GF Value™ is 円2,266.40, compared to a current price of 円2,073.00 — trading 8.5% below its estimated fair value. The current Return-on-Tangible-Asset is 15.66%, which is 72% above median its 10-year median of 9.10 and 380.4% above the Industrial Products industry median of 3.26. Marumae Co's overall GF Score™ is 82/100 with 7 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 Marumae Co (TSE:6264), the current Return-on-Tangible-Asset is 15.66% as of Feb. 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 Marumae Co (TSE:6264) Overvalued in 2026?
Based on GuruFocus' analysis, Marumae Co stock appears to be undervalued.
The current stock price of 円2,073.00 is trading 8.5% below its estimated GF Value™ of 円2,266.40.
GuruFocus considers Marumae Co to be Fairly Valued.
Key valuation signals for TSE:6264:
Return-on-Tangible-Asset: 15.66% (72% above median its 10-year median of 9.10)
GF Value™: 円2,266.40 vs. price of 円2,073.00 (8.5% below fair value)
Industry Position: 380.4% above the Industrial Products median (#285 of 3077)
No single metric tells the full story. See the TSE:6264 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marumae Co Ltd is a Japan-based machinery manufacturer. The company is mainly engaged in the designing, manufacturing, and processing of precision machinery and precision equipment. It offers liquid crystal manufacturing and semiconductor manufacturing equipment, industrial and medical machinery and equipment. It is also engaged in the development and sale of software, real estate leasing, and transportation business.
82GF Score
Get the complete analysis for TSE:6264
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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