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Aiphone CoTSE:6718 +0.32%76 Return-on-Tangible-Asset is 7.18% as of Mar. 2026, which is 74% above its 10-year median of 4.13. GuruFocus rates TSE:6718 with a GF Score™ of 76/100 and a GF Value™ of 円2,935.06 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,501 Hardware companies, Aiphone Co ranks better than 55.7% 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. Aiphone Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円5,768 Mil. Aiphone Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円80,311 Mil. Therefore, Aiphone Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.18%.
The historical rank and industry rank for Aiphone Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:6718'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.82 Med: 4.13 Max: 6.34
Current: 3.16
During the past 13 years, Aiphone Co's highest Return-on-Tangible-Asset was 6.34%. The lowest was 2.82%. And the median was 4.13%.
TSE:6718's Return-on-Tangible-Asset is ranked better than 55.7% of 2501
companies
in the Hardware industry
Industry Median: 2.46
vs TSE:6718: 3.16
Aiphone Co (TSE:6718) 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.
Aiphone Co Return-on-Tangible-Asset Related Terms
Aiphone Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Aiphone 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:6718 vs CSCO, MSI, HPE: Return-on-Tangible-Asset Comparison
For the Communication Equipment subindustry, Aiphone 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.
Aiphone Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Aiphone Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Aiphone 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 7.18% mean?
Aiphone Co (TSE:6718) has a Return-on-Tangible-Asset of 7.18% 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 Aiphone Co and its competitors. This is 74% above median its historical median of 4.13. Over the past decade, Aiphone Co's Return-on-Tangible-Asset has ranged from 2.82 to 6.34. According to the industry distribution chart, Aiphone Co ranks #1108 out of 2501 companies in the Hardware industry, placing it in the top 44.3%.
Is Aiphone Co's Return-on-Tangible-Asset too high?
Aiphone Co's current Return-on-Tangible-Asset of 7.18% is 74% above median its 10-year median of 4.13. Over the past 10 years, this metric has ranged from a low of 2.82 to a high of 6.34. The Hardware industry median Return-on-Tangible-Asset is 2.46. Aiphone Co's value of 7.18% is 191.9% above this industry median. Based on the distribution chart, Aiphone Co ranks #1108 out of 2501 companies in the Hardware industry, which is above the industry midpoint. Overall, Aiphone Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aiphone Co's Return-on-Tangible-Asset compare to CSCO and MSI?
According to the Hardware industry distribution chart, Aiphone Co ranks #1108 out of 2501 companies for Return-on-Tangible-Asset. This puts Aiphone Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.46. Aiphone Co's value of 7.18% is 191.9% above this benchmark. Historically, Aiphone Co's own Return-on-Tangible-Asset has ranged from 2.82 to 6.34 over the past decade. While the company's 10-year median is 4.13 vs. the industry median of 2.46, Aiphone 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 2.46, 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. Aiphone Co's current Return-on-Tangible-Asset of 7.18% is 191.9% 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 Aiphone Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aiphone Co's current Return-on-Tangible-Asset is 7.18%, which is 74% above median its own 10-year median of 4.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aiphone Co stock overvalued right now?
Based on GuruFocus' analysis, Aiphone Co (TSE:6718) is currently considered Fairly Valued. The stock's GF Value™ is 円2,935.06, compared to a current price of 円2,829.00 — trading 3.6% below its estimated fair value. The current Return-on-Tangible-Asset is 7.18%, which is 74% above median its 10-year median of 4.13 and 191.9% above the Hardware industry median of 2.46. Aiphone Co's overall GF Score™ is 76/100 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 Aiphone Co (TSE:6718), the current Return-on-Tangible-Asset is 7.18% 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 Aiphone Co (TSE:6718) Overvalued in 2026?
Based on GuruFocus' analysis, Aiphone Co stock appears to be undervalued.
The current stock price of 円2,829.00 is trading 3.6% below its estimated GF Value™ of 円2,935.06.
GuruFocus considers Aiphone Co to be Fairly Valued.
Key valuation signals for TSE:6718:
Return-on-Tangible-Asset: 7.18% (74% above median its 10-year median of 4.13)
GF Value™: 円2,935.06 vs. price of 円2,829.00 (3.6% below fair value)
Industry Position: 191.9% above the Hardware median (#1108 of 2501)
No single metric tells the full story. See the TSE:6718 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aiphone Co Ltd is a Japanese company engaged in manufacturing and selling communication and security systems. It operates in two business divisions including security business and care business. In the security business, it offers security systems for detached houses, apartment houses, schools, public facilities, and commercial facilities. Its products include TV (television) door phone, emergency caller, wireless paging system, interphone application, among others. In the care business, it manufactures products including nurse call for medical facilities, nurse call for welfare facilities, and multi-housing system for elderly people.
76GF Score
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