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Oriental Chain Mfg CoTSE:6380 -3.18%46 Return-on-Tangible-Asset is 1.19% as of Mar. 2026, which is 45% below its 10-year median of 2.17. GuruFocus rates TSE:6380 with a GF Score™ of 46/100 and a GF Value™ of 円1,672.06 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 3,078 Industrial Products companies, Oriental Chain Mfg Co ranks worse than 54.42% 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. Oriental Chain Mfg Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円57 Mil. Oriental Chain Mfg Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円4,785 Mil. Therefore, Oriental Chain Mfg Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.19%.
The historical rank and industry rank for Oriental Chain Mfg Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:6380'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.23 Med: 2.17 Max: 4.51
Current: 2.62
During the past 13 years, Oriental Chain Mfg Co's highest Return-on-Tangible-Asset was 4.51%. The lowest was -0.23%. And the median was 2.17%.
TSE:6380's Return-on-Tangible-Asset is ranked worse than 54.42% of 3078
companies
in the Industrial Products industry
Industry Median: 3.26
vs TSE:6380: 2.62
Oriental Chain Mfg Co (TSE:6380) 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.
Oriental Chain Mfg Co Return-on-Tangible-Asset Related Terms
Oriental Chain Mfg Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Oriental Chain Mfg 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.
Oriental Chain Mfg Co Return-on-Tangible-Asset Chart
TSE:6380 vs SNA, RBC, SWK: Return-on-Tangible-Asset Comparison
For the Tools & Accessories subindustry, Oriental Chain Mfg 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.
Oriental Chain Mfg Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Oriental Chain Mfg Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Oriental Chain Mfg 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.19% mean?
Oriental Chain Mfg Co (TSE:6380) has a Return-on-Tangible-Asset of 1.19% 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 Oriental Chain Mfg Co and its competitors. This is 45% below median its historical median of 2.17. According to the industry distribution chart, Oriental Chain Mfg Co ranks #1675 out of 3078 companies in the Industrial Products industry, placing it in the top 54.4%.
Is Oriental Chain Mfg Co's Return-on-Tangible-Asset too high?
Oriental Chain Mfg Co's current Return-on-Tangible-Asset of 1.19% is 45% below median its 10-year median of 2.17. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Oriental Chain Mfg Co's value of 1.19% is 63.5% below this industry median. Based on the distribution chart, Oriental Chain Mfg Co ranks #1675 out of 3078 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Oriental Chain Mfg Co has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oriental Chain Mfg Co's Return-on-Tangible-Asset compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Oriental Chain Mfg Co ranks #1675 out of 3078 companies for Return-on-Tangible-Asset. This places Oriental Chain Mfg Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.26. Oriental Chain Mfg Co's value of 1.19% is 63.5% below this benchmark. While the company's 10-year median is 2.17 vs. the industry median of 3.26, Oriental Chain Mfg 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 3.26, based on 3,078 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. Oriental Chain Mfg Co's current Return-on-Tangible-Asset of 1.19% is 63.5% 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 Oriental Chain Mfg 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. Oriental Chain Mfg Co's current Return-on-Tangible-Asset is 1.19%, which is 45% below median its own 10-year median of 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oriental Chain Mfg Co stock overvalued right now?
Based on GuruFocus' analysis, Oriental Chain Mfg Co (TSE:6380) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,672.06, compared to a current price of 円3,655.00 — trading 118.6% above its estimated fair value. The current Return-on-Tangible-Asset is 1.19%, which is 45% below median its 10-year median of 2.17 and 63.5% below the Industrial Products industry median of 3.26. Oriental Chain Mfg Co's overall GF Score™ is 46/100 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 Oriental Chain Mfg Co (TSE:6380), the current Return-on-Tangible-Asset is 1.19% 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 Oriental Chain Mfg Co (TSE:6380) Overvalued in 2026?
Based on GuruFocus' analysis, Oriental Chain Mfg Co stock appears to be overvalued.
The current stock price of 円3,655.00 is trading 118.6% above its estimated GF Value™ of 円1,672.06.
GuruFocus considers Oriental Chain Mfg Co to be Significantly Overvalued.
Key valuation signals for TSE:6380:
Return-on-Tangible-Asset: 1.19% (45% below median its 10-year median of 2.17)
GF Value™: 円1,672.06 vs. price of 円3,655.00 (118.6% above fair value)
Industry Position: 63.5% below the Industrial Products median (#1675 of 3078)
No single metric tells the full story. See the TSE:6380 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oriental Chain Mfg Co Ltd is engaged in manufacturing and selling roller chains, conveyor chains, and sprockets for use in various equipment in Japan and internationally. The company's products include stainless and nickel plated, extra heavy duty, and top roller chains, as well as roller chains with outboard rollers; plastic and hollow pins, among others.
46GF Score
Get the complete analysis for TSE:6380
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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