Tsukuba Seiko Co (TSE:6596) Return-on-Tangible-Asset: -5.94% (As of Mar. 2026)

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:6596 Tsukuba Seiko Co Ltd TSE:6596
59 GF Score
Price 円990.00
GF Value 円1,171.86
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Tsukuba Seiko Co Return-on-Tangible-Asset?

Tsukuba Seiko Co TSE:6596 59 Return-on-Tangible-Asset is -5.94% as of Mar. 2026. GuruFocus rates TSE:6596 with a GF Score™ of 59/100 and a GF Value™ of 円1,171.86 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,028 Semiconductors companies, Tsukuba Seiko Co ranks worse than 89.79% 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. Tsukuba Seiko Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円-16.5 Mil. Tsukuba Seiko Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円277.2 Mil. Therefore, Tsukuba Seiko Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -5.94%.

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

TSE:6596' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -55.16   Med: -17.4   Max: 6.67
Current: -16.69

During the past 10 years, Tsukuba Seiko Co's highest Return-on-Tangible-Asset was 6.67%. The lowest was -55.16%. And the median was -17.40%.

TSE:6596's Return-on-Tangible-Asset is ranked worse than
89.79% of 1028 companies
in the Semiconductors industry
Industry Median: 2.705 vs TSE:6596: -16.69

Tsukuba Seiko Co  (TSE:6596) 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.


Tsukuba Seiko Co Return-on-Tangible-Asset Related Terms


Tsukuba Seiko Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Tsukuba Seiko 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.

Tsukuba Seiko Co Return-on-Tangible-Asset Chart

Tsukuba Seiko 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 -19.47 -18.59 6.67 -17.88 -16.67

Tsukuba Seiko Co Semi-Annual Data
Mar17 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 31.66 -17.19 -19.36 -26.20 -5.94

TSE:6596 vs AMAT, LRCX, KLAC: Return-on-Tangible-Asset Comparison

For the Semiconductor Equipment & Materials subindustry, Tsukuba Seiko 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.


Tsukuba Seiko Co Return-on-Tangible-Asset vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Tsukuba Seiko Co's Return-on-Tangible-Asset distribution charts can be found below:

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


TSE:6596
59GF Score
Tsukuba Seiko Co Ltd TSE:6596
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tsukuba Seiko Co Return-on-Tangible-Asset Calculation

Tsukuba Seiko 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 )
=-49.354/( (332.937+259.369)/ 2 )
=-49.354/296.153
=-16.67 %

Tsukuba Seiko 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 )
=-16.458/( (294.938+259.369)/ 2 )
=-16.458/277.1535
=-5.94 %

* 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 -5.94% mean?
Tsukuba Seiko Co (TSE:6596) has a Return-on-Tangible-Asset of -5.94% 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 Tsukuba Seiko Co and its competitors. According to the industry distribution chart, Tsukuba Seiko Co ranks #923 out of 1028 companies in the Semiconductors industry, placing it in the top 89.8%.
Is Tsukuba Seiko Co's Return-on-Tangible-Asset too high?
Tsukuba Seiko Co's current Return-on-Tangible-Asset is -5.94%. Based on the distribution chart, Tsukuba Seiko Co ranks #923 out of 1028 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Tsukuba Seiko Co has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tsukuba Seiko Co's Return-on-Tangible-Asset compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Tsukuba Seiko Co ranks #923 out of 1028 companies for Return-on-Tangible-Asset. This places Tsukuba Seiko Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.71. 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 2.71, based on 1,028 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. 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 Tsukuba Seiko Co and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 2.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsukuba Seiko Co's current Return-on-Tangible-Asset is -5.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsukuba Seiko Co stock overvalued right now?
Based on GuruFocus' analysis, Tsukuba Seiko Co (TSE:6596) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,171.86, compared to a current price of 円990.00 — trading 15.5% below its estimated fair value. The current Return-on-Tangible-Asset is -5.94%. Tsukuba Seiko Co's overall GF Score™ is 59/100 with 1 warning sign 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 Tsukuba Seiko Co (TSE:6596), the current Return-on-Tangible-Asset is -5.94% 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 Tsukuba Seiko Co (TSE:6596) Overvalued in 2026?

Based on GuruFocus' analysis, Tsukuba Seiko Co stock appears to be undervalued. The current stock price of 円990.00 is trading 15.5% below its estimated GF Value™ of 円1,171.86. GuruFocus considers Tsukuba Seiko Co to be Modestly Undervalued.

Key valuation signals for TSE:6596:

  • Return-on-Tangible-Asset: -5.94%
  • GF Value™: 円1,171.86 vs. price of 円990.00 (15.5% below fair value)
  • GF Score™: 59/100 with 1 warning sign

No single metric tells the full story. See the TSE:6596 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tsukuba Seiko Co Business Description

Address 2168-10 Ganjoji, Kamigamo, Kamisuwa-machi, Kawachi-gun, Tochigi, JPN, 329-0617
Tsukuba Seiko Co Ltd is mainly engaged in the development, manufacture, and sale of electrostatic clamping systems. Its product offerings include thin hand, cordless holder, wafer support, waferhand, and electrostatic belt.
59GF Score

Get the complete analysis for TSE:6596

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

円990.00
Price
円1,171.86
GF Value