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ENOMOTO CoTSE:6928 +3.05%83 Return-on-Tangible-Asset is 3.90% as of Mar. 2026, which is 2% below its 10-year median of 3.96. GuruFocus rates TSE:6928 with a GF Score™ of 83/100 and a GF Value™ of 円1,845.75 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,499 Hardware companies, ENOMOTO Co ranks better than 58.1% 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. ENOMOTO Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円1,285 Mil. ENOMOTO Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円32,980 Mil. Therefore, ENOMOTO Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.90%.
The historical rank and industry rank for ENOMOTO Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:6928'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.37 Med: 3.96 Max: 6.03
Current: 3.76
During the past 13 years, ENOMOTO Co's highest Return-on-Tangible-Asset was 6.03%. The lowest was 0.37%. And the median was 3.96%.
TSE:6928's Return-on-Tangible-Asset is ranked better than 58.1% of 2499
companies
in the Hardware industry
Industry Median: 2.47
vs TSE:6928: 3.76
ENOMOTO Co (TSE:6928) 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.
ENOMOTO Co Return-on-Tangible-Asset Related Terms
ENOMOTO Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for ENOMOTO 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:6928 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, ENOMOTO 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.
ENOMOTO Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, ENOMOTO Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where ENOMOTO 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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.90% mean?
ENOMOTO Co (TSE:6928) has a Return-on-Tangible-Asset of 3.90% 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 ENOMOTO Co and its competitors. This is near median its historical median of 3.96. Over the past decade, ENOMOTO Co's Return-on-Tangible-Asset has ranged from 0.37 to 6.03. According to the industry distribution chart, ENOMOTO Co ranks #1047 out of 2499 companies in the Hardware industry, placing it in the top 41.9%.
Is ENOMOTO Co's Return-on-Tangible-Asset too high?
ENOMOTO Co's current Return-on-Tangible-Asset of 3.90% is near median its 10-year median of 3.96. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 6.03. The Hardware industry median Return-on-Tangible-Asset is 2.47. ENOMOTO Co's value of 3.90% is 57.9% above this industry median. Based on the distribution chart, ENOMOTO Co ranks #1047 out of 2499 companies in the Hardware industry, which is above the industry midpoint. Overall, ENOMOTO Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ENOMOTO Co's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, ENOMOTO Co ranks #1047 out of 2499 companies for Return-on-Tangible-Asset. This puts ENOMOTO Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.47. ENOMOTO Co's value of 3.90% is 57.9% above this benchmark. Historically, ENOMOTO Co's own Return-on-Tangible-Asset has ranged from 0.37 to 6.03 over the past decade. While the company's 10-year median is 3.96 vs. the industry median of 2.47, ENOMOTO 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 2.47, based on 2,499 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. ENOMOTO Co's current Return-on-Tangible-Asset of 3.90% is 57.9% 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 ENOMOTO Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ENOMOTO Co's current Return-on-Tangible-Asset is 3.90%, which is near median its own 10-year median of 3.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ENOMOTO Co stock overvalued right now?
Based on GuruFocus' analysis, ENOMOTO Co (TSE:6928) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,845.75, compared to a current price of 円2,433.00 — trading 31.8% above its estimated fair value. The current Return-on-Tangible-Asset is 3.90%, which is near median its 10-year median of 3.96 and 57.9% above the Hardware industry median of 2.47. ENOMOTO Co's overall GF Score™ is 83/100 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 ENOMOTO Co (TSE:6928), the current Return-on-Tangible-Asset is 3.90% 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 ENOMOTO Co (TSE:6928) Overvalued in 2026?
Based on GuruFocus' analysis, ENOMOTO Co stock appears to be overvalued.
The current stock price of 円2,433.00 is trading 31.8% above its estimated GF Value™ of 円1,845.75.
GuruFocus considers ENOMOTO Co to be Significantly Overvalued.
Key valuation signals for TSE:6928:
Return-on-Tangible-Asset: 3.90% (near median its 10-year median of 3.96)
GF Value™: 円1,845.75 vs. price of 円2,433.00 (31.8% above fair value)
Industry Position: 57.9% above the Hardware median (#1047 of 2499)
No single metric tells the full story. See the TSE:6928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ENOMOTO Co Ltd is a precision component manufacturer. It is mainly engaged in manufacturing light-emitting diode (LED) lead frames and has production bases in Japan, China and the Philippines. Products offered by the company include lead frames for integrated circuit, (IC), transistor, LED and electronic parts.
83GF Score
Get the complete analysis for TSE:6928
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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