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.
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.
Shirai Electronics Industrial CoTSE:6658 +2.47%58 Return-on-Tangible-Asset is 2.64% as of Mar. 2026, which is 32% below its 10-year median of 3.88. GuruFocus rates TSE:6658 with a GF Score™ of 58/100 and a GF Value™ of 円548.63 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,501 Hardware companies, Shirai Electronics Industrial Co ranks better than 75.53% on this metric.
The historical rank and industry rank for Shirai Electronics Industrial Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:6658'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.37 Med: 3.88 Max: 10.69
Current: 6.81
During the past 13 years, Shirai Electronics Industrial Co's highest Return-on-Tangible-Asset was 10.69%. The lowest was -2.37%. And the median was 3.88%.
TSE:6658's Return-on-Tangible-Asset is ranked better than 75.53% of 2501
companies
in the Hardware industry
Industry Median: 2.48
vs TSE:6658: 6.81
Shirai Electronics Industrial Co (TSE:6658) 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.
Shirai Electronics Industrial Co Return-on-Tangible-Asset Related Terms
Shirai Electronics Industrial Co Return-on-Tangible-Asset Historical Data
* 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.
Shirai Electronics Industrial Co Return-on-Tangible-Asset Chart
TSE:6658 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Shirai Electronics Industrial 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.
Shirai Electronics Industrial Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Shirai Electronics Industrial Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shirai Electronics Industrial 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 2.64% mean?
Shirai Electronics Industrial Co (TSE:6658) has a Return-on-Tangible-Asset of 2.64% 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 Shirai Electronics Industrial Co and its competitors. This is 32% below median its historical median of 3.88. According to the industry distribution chart, Shirai Electronics Industrial Co ranks #612 out of 2501 companies in the Hardware industry, placing it in the top 24.5%.
Is Shirai Electronics Industrial Co's Return-on-Tangible-Asset too high?
Shirai Electronics Industrial Co's current Return-on-Tangible-Asset of 2.64% is 32% below median its 10-year median of 3.88. The Hardware industry median Return-on-Tangible-Asset is 2.48. Shirai Electronics Industrial Co's value of 2.64% is 6.5% above this industry median. Based on the distribution chart, Shirai Electronics Industrial Co ranks #612 out of 2501 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Shirai Electronics Industrial Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shirai Electronics Industrial Co's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Shirai Electronics Industrial Co ranks #612 out of 2501 companies for Return-on-Tangible-Asset. This places Shirai Electronics Industrial Co in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.48. Shirai Electronics Industrial Co's value of 2.64% is 6.5% above this benchmark. While the company's 10-year median is 3.88 vs. the industry median of 2.48, Shirai Electronics Industrial 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 a Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.48, based on 2,501 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. Shirai Electronics Industrial Co's current Return-on-Tangible-Asset of 2.64% is 6.5% 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 Shirai Electronics Industrial Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shirai Electronics Industrial Co's current Return-on-Tangible-Asset is 2.64%, which is 32% below median its own 10-year median of 3.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shirai Electronics Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Shirai Electronics Industrial Co (TSE:6658) is currently considered Modestly Undervalued. The stock's GF Value™ is 円548.63, compared to a current price of 円457.00 — trading 16.7% below its estimated fair value. The current Return-on-Tangible-Asset is 2.64%, which is 32% below median its 10-year median of 3.88 and 6.5% above the Hardware industry median of 2.48. Shirai Electronics Industrial Co's overall GF Score™ is 58/100 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 Shirai Electronics Industrial Co (TSE:6658), the current Return-on-Tangible-Asset is 2.64% 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 Shirai Electronics Industrial Co (TSE:6658) Overvalued in 2026?
Based on GuruFocus' analysis, Shirai Electronics Industrial Co stock appears to be undervalued.
The current stock price of 円457.00 is trading 16.7% below its estimated GF Value™ of 円548.63.
GuruFocus considers Shirai Electronics Industrial Co to be Modestly Undervalued.
Key valuation signals for TSE:6658:
Return-on-Tangible-Asset: 2.64% (32% below median its 10-year median of 3.88)
GF Value™: 円548.63 vs. price of 円457.00 (16.7% below fair value)
Industry Position: 6.5% above the Hardware median (#612 of 2501)
No single metric tells the full story. See the TSE:6658 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:6658 has been successfully added to your 
