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MORIO DENKI CoTSE:6647 +3.11%65 Return-on-Tangible-Asset is 14.88% as of Mar. 2026, which is 470% above its 10-year median of 2.61. GuruFocus rates TSE:6647 with a GF Score™ of 65/100 and a GF Value™ of 円2,007.24 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 3,076 Industrial Products companies, MORIO DENKI Co ranks better than 74.67% 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. MORIO DENKI Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円1,373 Mil. MORIO DENKI Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円9,224 Mil. Therefore, MORIO DENKI Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 14.88%.
The historical rank and industry rank for MORIO DENKI Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:6647'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.59 Med: 2.61 Max: 7.49
Current: 7.49
During the past 13 years, MORIO DENKI Co's highest Return-on-Tangible-Asset was 7.49%. The lowest was 1.59%. And the median was 2.61%.
TSE:6647's Return-on-Tangible-Asset is ranked better than 74.67% of 3076
companies
in the Industrial Products industry
Industry Median: 3.335
vs TSE:6647: 7.49
MORIO DENKI Co (TSE:6647) 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.
MORIO DENKI Co Return-on-Tangible-Asset Related Terms
MORIO DENKI Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for MORIO DENKI 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:6647 vs VRT, BE: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, MORIO DENKI 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.
MORIO DENKI Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, MORIO DENKI Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where MORIO DENKI 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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 14.88% mean?
MORIO DENKI Co (TSE:6647) has a Return-on-Tangible-Asset of 14.88% 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 MORIO DENKI Co and its competitors. This is 470% above median its historical median of 2.61. Over the past decade, MORIO DENKI Co's Return-on-Tangible-Asset has ranged from 1.59 to 7.49. According to the industry distribution chart, MORIO DENKI Co ranks #779 out of 3076 companies in the Industrial Products industry, placing it in the top 25.3%.
Is MORIO DENKI Co's Return-on-Tangible-Asset too high?
MORIO DENKI Co's current Return-on-Tangible-Asset of 14.88% is 470% above median its 10-year median of 2.61. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 7.49. The Industrial Products industry median Return-on-Tangible-Asset is 3.34. MORIO DENKI Co's value of 14.88% is 346.2% above this industry median. Based on the distribution chart, MORIO DENKI Co ranks #779 out of 3076 companies in the Industrial Products industry, which is above the industry midpoint. Overall, MORIO DENKI Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MORIO DENKI Co's Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, MORIO DENKI Co ranks #779 out of 3076 companies for Return-on-Tangible-Asset. This puts MORIO DENKI Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.34. MORIO DENKI Co's value of 14.88% is 346.2% above this benchmark. Historically, MORIO DENKI Co's own Return-on-Tangible-Asset has ranged from 1.59 to 7.49 over the past decade. While the company's 10-year median is 2.61 vs. the industry median of 3.34, MORIO DENKI 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 3.34, based on 3,076 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. MORIO DENKI Co's current Return-on-Tangible-Asset of 14.88% is 346.2% 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 MORIO DENKI Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MORIO DENKI Co's current Return-on-Tangible-Asset is 14.88%, which is 470% above median its own 10-year median of 2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MORIO DENKI Co stock overvalued right now?
Based on GuruFocus' analysis, MORIO DENKI Co (TSE:6647) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,007.24, compared to a current price of 円3,320.00 — trading 65.4% above its estimated fair value. The current Return-on-Tangible-Asset is 14.88%, which is 470% above median its 10-year median of 2.61 and 346.2% above the Industrial Products industry median of 3.34. MORIO DENKI Co's overall GF Score™ is 65/100 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 MORIO DENKI Co (TSE:6647), the current Return-on-Tangible-Asset is 14.88% 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 MORIO DENKI Co (TSE:6647) Overvalued in 2026?
Based on GuruFocus' analysis, MORIO DENKI Co stock appears to be overvalued.
The current stock price of 円3,320.00 is trading 65.4% above its estimated GF Value™ of 円2,007.24.
GuruFocus considers MORIO DENKI Co to be Significantly Overvalued.
Key valuation signals for TSE:6647:
Return-on-Tangible-Asset: 14.88% (470% above median its 10-year median of 2.61)
GF Value™: 円2,007.24 vs. price of 円3,320.00 (65.4% above fair value)
Industry Position: 346.2% above the Industrial Products median (#779 of 3076)
No single metric tells the full story. See the TSE:6647 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MORIO DENKI Co Ltd is an electrical equipment manufacturer. The company supplies various kinds of electric and electronic equipment for public transportation uses, such as rolling stock component parts at the core, traffic information display system, and electric equipment for ships.
65GF Score
Get the complete analysis for TSE:6647
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