Tensho Electric Industries Co (TSE:6776) Return-on-Tangible-Asset: 5.44% (As of Mar. 2026) — 51% Above Median

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TSE:6776 Tensho Electric Industries Co Ltd TSE:6776
75 GF Score
Price 円269.00
GF Value 円245.91
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Tensho Electric Industries Co Return-on-Tangible-Asset?

Tensho Electric Industries Co TSE:6776 75 Return-on-Tangible-Asset is 5.44% as of Mar. 2026, which is 51% above its 10-year median of 3.61. GuruFocus rates TSE:6776 with a GF Score™ of 75/100 and a GF Value™ of 円245.91 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,331 Vehicles & Parts companies, Tensho Electric Industries Co ranks worse than 56.72% 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. Tensho Electric Industries Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円1,158 Mil. Tensho Electric Industries Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円21,286 Mil. Therefore, Tensho Electric Industries Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.44%.

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

TSE:6776' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.92   Med: 3.61   Max: 6.27
Current: 2.34

During the past 13 years, Tensho Electric Industries Co's highest Return-on-Tangible-Asset was 6.27%. The lowest was 0.92%. And the median was 3.61%.

TSE:6776's Return-on-Tangible-Asset is ranked worse than
56.72% of 1331 companies
in the Vehicles & Parts industry
Industry Median: 3.19 vs TSE:6776: 2.34

Tensho Electric Industries Co  (TSE:6776) 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.


Tensho Electric Industries Co Return-on-Tangible-Asset Related Terms


Tensho Electric Industries Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Tensho Electric Industries 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.

Tensho Electric Industries Co Return-on-Tangible-Asset Chart

Tensho Electric Industries 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 1.28 2.51 3.43 5.08 2.35

Tensho Electric Industries Co Semi-Annual Data
Sep16 Mar17 Sep17 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 Premium Member Only Premium Member Only 2.69 1.19 8.26 -0.69 5.44

TSE:6776 vs ORLY, AZO: Return-on-Tangible-Asset Comparison

For the Auto Parts subindustry, Tensho Electric Industries 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.


Tensho Electric Industries Co Return-on-Tangible-Asset vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tensho Electric Industries Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Tensho Electric Industries Co's Return-on-Tangible-Asset falls into.


TSE:6776
75GF Score
Tensho Electric Industries Co Ltd TSE:6776
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tensho Electric Industries Co Return-on-Tangible-Asset Calculation

Tensho Electric Industries 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 )
=504/( (22001+20932)/ 2 )
=504/21466.5
=2.35 %

Tensho Electric Industries 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 )
=1158/( (21639+20932)/ 2 )
=1158/21285.5
=5.44 %

* 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 5.44% mean?
Tensho Electric Industries Co (TSE:6776) has a Return-on-Tangible-Asset of 5.44% 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 Tensho Electric Industries Co and its competitors. This is 51% above median its historical median of 3.61. Over the past decade, Tensho Electric Industries Co's Return-on-Tangible-Asset has ranged from 0.92 to 6.27. According to the industry distribution chart, Tensho Electric Industries Co ranks #755 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 56.7%.
Is Tensho Electric Industries Co's Return-on-Tangible-Asset too high?
Tensho Electric Industries Co's current Return-on-Tangible-Asset of 5.44% is 51% above median its 10-year median of 3.61. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 6.27. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.19. Tensho Electric Industries Co's value of 5.44% is 70.5% above this industry median. Based on the distribution chart, Tensho Electric Industries Co ranks #755 out of 1331 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Tensho Electric Industries Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tensho Electric Industries Co's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Tensho Electric Industries Co ranks #755 out of 1331 companies for Return-on-Tangible-Asset. This places Tensho Electric Industries Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.19. Tensho Electric Industries Co's value of 5.44% is 70.5% above this benchmark. Historically, Tensho Electric Industries Co's own Return-on-Tangible-Asset has ranged from 0.92 to 6.27 over the past decade. While the company's 10-year median is 3.61 vs. the industry median of 3.19, Tensho Electric Industries 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.19, based on 1,331 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. Tensho Electric Industries Co's current Return-on-Tangible-Asset of 5.44% is 70.5% 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 Tensho Electric Industries Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tensho Electric Industries Co's current Return-on-Tangible-Asset is 5.44%, which is 51% above median its own 10-year median of 3.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tensho Electric Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Tensho Electric Industries Co (TSE:6776) is currently considered Fairly Valued. The stock's GF Value™ is 円245.91, compared to a current price of 円269.00 — trading 9.4% above its estimated fair value. The current Return-on-Tangible-Asset is 5.44%, which is 51% above median its 10-year median of 3.61 and 70.5% above the Vehicles & Parts industry median of 3.19. Tensho Electric Industries Co's overall GF Score™ is 75/100 with 4 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 Tensho Electric Industries Co (TSE:6776), the current Return-on-Tangible-Asset is 5.44% 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 Tensho Electric Industries Co (TSE:6776) Overvalued in 2026?

Based on GuruFocus' analysis, Tensho Electric Industries Co stock appears to be overvalued. The current stock price of 円269.00 is trading 9.4% above its estimated GF Value™ of 円245.91. GuruFocus considers Tensho Electric Industries Co to be Fairly Valued.

Key valuation signals for TSE:6776:

  • Return-on-Tangible-Asset: 5.44% (51% above median its 10-year median of 3.61)
  • GF Value™: 円245.91 vs. price of 円269.00 (9.4% above fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 70.5% above the Vehicles & Parts median (#755 of 1331)

No single metric tells the full story. See the TSE:6776 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tensho Electric Industries Co Business Description

Address Tokyo Minami Machida Chome No. 3, No. 65 Tenko building 17, Machida, JPN, 194-0005
Tensho Electric Industries Co Ltd is engaged in designing, manufacturing, and selling of plastic products and molds. Its products include automobile plastic parts, lighting, office equipment, OA equipment, infectious medical waste containers, conductive printed circuit board storage racks, liquid crystal TVs, logistics industry materials, returnable containers.
75GF Score

Get the complete analysis for TSE:6776

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

円269.00
Price
円245.91
GF Value