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Sanko CoTSE:6964 -0.87%81 Return-on-Tangible-Asset is 3.72% as of Mar. 2026, which is 31% above its 10-year median of 2.84. GuruFocus rates TSE:6964 with a GF Score™ of 81/100 and a GF Value™ of 円632.84 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,499 Hardware companies, Sanko Co ranks better than 51.98% 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. Sanko Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円835 Mil. Sanko Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円22,468 Mil. Therefore, Sanko Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.72%.
The historical rank and industry rank for Sanko Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:6964'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.13 Med: 2.84 Max: 3.78
Current: 2.71
During the past 13 years, Sanko Co's highest Return-on-Tangible-Asset was 3.78%. The lowest was 2.13%. And the median was 2.84%.
TSE:6964's Return-on-Tangible-Asset is ranked better than 51.98% of 2499
companies
in the Hardware industry
Industry Median: 2.47
vs TSE:6964: 2.71
Sanko Co (TSE:6964) 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.
Sanko Co Return-on-Tangible-Asset Related Terms
Sanko Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sanko 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:6964 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Sanko 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.
Sanko Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Sanko Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sanko 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 3.72% mean?
Sanko Co (TSE:6964) has a Return-on-Tangible-Asset of 3.72% 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 Sanko Co and its competitors. This is 31% above median its historical median of 2.84. Over the past decade, Sanko Co's Return-on-Tangible-Asset has ranged from 2.13 to 3.78. According to the industry distribution chart, Sanko Co ranks #1200 out of 2499 companies in the Hardware industry, placing it in the top 48%.
Is Sanko Co's Return-on-Tangible-Asset too high?
Sanko Co's current Return-on-Tangible-Asset of 3.72% is 31% above median its 10-year median of 2.84. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 3.78. The Hardware industry median Return-on-Tangible-Asset is 2.47. Sanko Co's value of 3.72% is 50.6% above this industry median. Based on the distribution chart, Sanko Co ranks #1200 out of 2499 companies in the Hardware industry, which is above the industry midpoint. Overall, Sanko Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sanko Co's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Sanko Co ranks #1200 out of 2499 companies for Return-on-Tangible-Asset. This puts Sanko Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.47. Sanko Co's value of 3.72% is 50.6% above this benchmark. Historically, Sanko Co's own Return-on-Tangible-Asset has ranged from 2.13 to 3.78 over the past decade. While the company's 10-year median is 2.84 vs. the industry median of 2.47, Sanko 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. Sanko Co's current Return-on-Tangible-Asset of 3.72% is 50.6% 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 Sanko 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. Sanko Co's current Return-on-Tangible-Asset is 3.72%, which is 31% above median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanko Co stock overvalued right now?
Based on GuruFocus' analysis, Sanko Co (TSE:6964) is currently considered Fairly Valued. The stock's GF Value™ is 円632.84, compared to a current price of 円682.00 — trading 7.8% above its estimated fair value. The current Return-on-Tangible-Asset is 3.72%, which is 31% above median its 10-year median of 2.84 and 50.6% above the Hardware industry median of 2.47. Sanko Co's overall GF Score™ is 81/100 with 6 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 Sanko Co (TSE:6964), the current Return-on-Tangible-Asset is 3.72% 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 Sanko Co (TSE:6964) Overvalued in 2026?
Based on GuruFocus' analysis, Sanko Co stock appears to be overvalued.
The current stock price of 円682.00 is trading 7.8% above its estimated GF Value™ of 円632.84.
GuruFocus considers Sanko Co to be Fairly Valued.
Key valuation signals for TSE:6964:
Return-on-Tangible-Asset: 3.72% (31% above median its 10-year median of 2.84)
GF Value™: 円632.84 vs. price of 円682.00 (7.8% above fair value)
Industry Position: 50.6% above the Hardware median (#1200 of 2499)
No single metric tells the full story. See the TSE:6964 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sanko Co Ltd is engaged in the manufacturing and selling of press products, mechatronics products, and plastic products related to automobile-related products, office equipment-related products, and digital home appliances. The company's product offerings include battery terminals, driver airbag parts, axis hinges, passenger seat airbag parts, inverter terminal blocks, and others.
81GF Score
Get the complete analysis for TSE:6964
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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