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Trinity IndustrialTSE:6382 +0.49%83 Return-on-Tangible-Asset is 8.07% as of Mar. 2026, which is 68% above its 10-year median of 4.81. GuruFocus rates TSE:6382 with a GF Score™ of 83/100 and a GF Value™ of 円1,187.77 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,330 Vehicles & Parts companies, Trinity Industrial ranks better than 68.8% 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. Trinity Industrial's annualizedNet Income for the quarter that ended in Mar. 2026 was 円3,462 Mil. Trinity Industrial's average total tangible assets for the quarter that ended in Mar. 2026 was 円42,886 Mil. Therefore, Trinity Industrial's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 8.07%.
The historical rank and industry rank for Trinity Industrial's Return-on-Tangible-Asset or its related term are showing as below:
TSE:6382'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.28 Med: 4.81 Max: 6.23
Current: 5.7
During the past 13 years, Trinity Industrial's highest Return-on-Tangible-Asset was 6.23%. The lowest was 3.28%. And the median was 4.81%.
TSE:6382's Return-on-Tangible-Asset is ranked better than 68.8% of 1330
companies
in the Vehicles & Parts industry
Industry Median: 3.26
vs TSE:6382: 5.70
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.
Trinity Industrial Return-on-Tangible-Asset Related Terms
Trinity Industrial Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Trinity Industrial'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:6382 vs ORLY, AZO: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Trinity Industrial'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.
Trinity Industrial Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Trinity Industrial's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Trinity Industrial'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 8.07% mean?
Trinity Industrial (TSE:6382) has a Return-on-Tangible-Asset of 8.07% 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 Trinity Industrial and its competitors. This is 68% above median its historical median of 4.81. Over the past decade, Trinity Industrial's Return-on-Tangible-Asset has ranged from 3.28 to 6.23. According to the industry distribution chart, Trinity Industrial ranks #415 out of 1330 companies in the Vehicles & Parts industry, placing it in the top 31.2%.
Is Trinity Industrial's Return-on-Tangible-Asset too high?
Trinity Industrial's current Return-on-Tangible-Asset of 8.07% is 68% above median its 10-year median of 4.81. Over the past 10 years, this metric has ranged from a low of 3.28 to a high of 6.23. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.26. Trinity Industrial's value of 8.07% is 147.5% above this industry median. Based on the distribution chart, Trinity Industrial ranks #415 out of 1330 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Trinity Industrial has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Trinity Industrial's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Trinity Industrial ranks #415 out of 1330 companies for Return-on-Tangible-Asset. This puts Trinity Industrial in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.26. Trinity Industrial's value of 8.07% is 147.5% above this benchmark. Historically, Trinity Industrial's own Return-on-Tangible-Asset has ranged from 3.28 to 6.23 over the past decade. While the company's 10-year median is 4.81 vs. the industry median of 3.26, Trinity Industrial 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 a Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.26, based on 1,330 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. Trinity Industrial's current Return-on-Tangible-Asset of 8.07% is 147.5% 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 Trinity Industrial and its competitors. For the Vehicles & Parts 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. Trinity Industrial's current Return-on-Tangible-Asset is 8.07%, which is 68% above median its own 10-year median of 4.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trinity Industrial stock overvalued right now?
Based on GuruFocus' analysis, Trinity Industrial (TSE:6382) is currently considered Fairly Valued. The stock's GF Value™ is 円1,187.77, compared to a current price of 円1,237.00 — trading 4.1% above its estimated fair value. The current Return-on-Tangible-Asset is 8.07%, which is 68% above median its 10-year median of 4.81 and 147.5% above the Vehicles & Parts industry median of 3.26. Trinity Industrial's overall GF Score™ is 83/100 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 Trinity Industrial (TSE:6382), the current Return-on-Tangible-Asset is 8.07% 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 Trinity Industrial (TSE:6382) Overvalued in 2026?
Based on GuruFocus' analysis, Trinity Industrial stock appears to be overvalued.
The current stock price of 円1,237.00 is trading 4.1% above its estimated GF Value™ of 円1,187.77.
GuruFocus considers Trinity Industrial to be Fairly Valued.
Key valuation signals for TSE:6382:
Return-on-Tangible-Asset: 8.07% (68% above median its 10-year median of 4.81)
GF Value™: 円1,187.77 vs. price of 円1,237.00 (4.1% above fair value)
Industry Position: 147.5% above the Vehicles & Parts median (#415 of 1330)
No single metric tells the full story. See the TSE:6382 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trinity Industrial Corporation is a Japan-based company mainly engaged in the manufacturing and sale of equipment and auto parts. It operates in two reportable segments, including the Equipment division, which generates maximum revenue, and the Auto Parts division. The Equipment division is involved in the planning, design, manufacturing, installation, and after-sales service of painting equipment, paint supply equipment, painting devices, drying equipment, and other equipment for a wide variety of fields, including automobiles, iron parts, aluminum parts, plastic parts, construction machinery and home appliances. The Automobile Parts division provides center cluster panels, console panels, door switch bases, steering wheels, rocker moldings, etc.
83GF Score
Get the complete analysis for TSE:6382
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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