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Kyokuto Kaihatsu Kogyo CoTSE:7226 +1.56%66 Return-on-Tangible-Asset is 6.32% as of Mar. 2026, which is 40% above its 10-year median of 4.50. GuruFocus rates TSE:7226 with a GF Score™ of 66/100 and a GF Value™ of 円3,163.34 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 211 Farm & Heavy Construction Machinery companies, Kyokuto Kaihatsu Kogyo Co ranks better than 60.66% 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. Kyokuto Kaihatsu Kogyo Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円11,960 Mil. Kyokuto Kaihatsu Kogyo Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円189,096 Mil. Therefore, Kyokuto Kaihatsu Kogyo Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.32%.
The historical rank and industry rank for Kyokuto Kaihatsu Kogyo Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:7226'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2 Med: 4.5 Max: 9.76
Current: 5.25
During the past 13 years, Kyokuto Kaihatsu Kogyo Co's highest Return-on-Tangible-Asset was 9.76%. The lowest was 2.00%. And the median was 4.50%.
TSE:7226's Return-on-Tangible-Asset is ranked better than 60.66% of 211
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 3.67
vs TSE:7226: 5.25
Kyokuto Kaihatsu Kogyo Co (TSE:7226) 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.
Kyokuto Kaihatsu Kogyo Co Return-on-Tangible-Asset Related Terms
Kyokuto Kaihatsu Kogyo Co Return-on-Tangible-Asset Historical Data
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The historical data trend for Kyokuto Kaihatsu Kogyo 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.
Kyokuto Kaihatsu Kogyo Co Return-on-Tangible-Asset Chart
TSE:7226 vs CAT, DE, PCAR: Return-on-Tangible-Asset Comparison
For the Farm & Heavy Construction Machinery subindustry, Kyokuto Kaihatsu Kogyo 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.
Kyokuto Kaihatsu Kogyo Co Return-on-Tangible-Asset vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Kyokuto Kaihatsu Kogyo Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Kyokuto Kaihatsu Kogyo 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 6.32% mean?
Kyokuto Kaihatsu Kogyo Co (TSE:7226) has a Return-on-Tangible-Asset of 6.32% 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 Kyokuto Kaihatsu Kogyo Co and its competitors. This is 40% above median its historical median of 4.50. Over the past decade, Kyokuto Kaihatsu Kogyo Co's Return-on-Tangible-Asset has ranged from 2.00 to 9.76. According to the industry distribution chart, Kyokuto Kaihatsu Kogyo Co ranks #83 out of 211 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 39.3%.
Is Kyokuto Kaihatsu Kogyo Co's Return-on-Tangible-Asset too high?
Kyokuto Kaihatsu Kogyo Co's current Return-on-Tangible-Asset of 6.32% is 40% above median its 10-year median of 4.50. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.76. The Farm & Heavy Construction Machinery industry median Return-on-Tangible-Asset is 3.67. Kyokuto Kaihatsu Kogyo Co's value of 6.32% is 72.2% above this industry median. Based on the distribution chart, Kyokuto Kaihatsu Kogyo Co ranks #83 out of 211 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Kyokuto Kaihatsu Kogyo Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kyokuto Kaihatsu Kogyo Co's Return-on-Tangible-Asset compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Kyokuto Kaihatsu Kogyo Co ranks #83 out of 211 companies for Return-on-Tangible-Asset. This puts Kyokuto Kaihatsu Kogyo Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.67. Kyokuto Kaihatsu Kogyo Co's value of 6.32% is 72.2% above this benchmark. Historically, Kyokuto Kaihatsu Kogyo Co's own Return-on-Tangible-Asset has ranged from 2.00 to 9.76 over the past decade. While the company's 10-year median is 4.50 vs. the industry median of 3.67, Kyokuto Kaihatsu Kogyo 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 Farm & Heavy Construction Machinery company?
The median Return-on-Tangible-Asset among Farm & Heavy Construction Machinery companies is 3.67, based on 211 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. Kyokuto Kaihatsu Kogyo Co's current Return-on-Tangible-Asset of 6.32% is 72.2% 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 Kyokuto Kaihatsu Kogyo Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Return-on-Tangible-Asset is 3.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kyokuto Kaihatsu Kogyo Co's current Return-on-Tangible-Asset is 6.32%, which is 40% above median its own 10-year median of 4.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kyokuto Kaihatsu Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Kyokuto Kaihatsu Kogyo Co (TSE:7226) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,163.34, compared to a current price of 円2,344.00 — trading 25.9% below its estimated fair value. The current Return-on-Tangible-Asset is 6.32%, which is 40% above median its 10-year median of 4.50 and 72.2% above the Farm & Heavy Construction Machinery industry median of 3.67. Kyokuto Kaihatsu Kogyo Co's overall GF Score™ is 66/100 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 Kyokuto Kaihatsu Kogyo Co (TSE:7226), the current Return-on-Tangible-Asset is 6.32% 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 Kyokuto Kaihatsu Kogyo Co (TSE:7226) Overvalued in 2026?
Based on GuruFocus' analysis, Kyokuto Kaihatsu Kogyo Co stock appears to be undervalued.
The current stock price of 円2,344.00 is trading 25.9% below its estimated GF Value™ of 円3,163.34.
GuruFocus considers Kyokuto Kaihatsu Kogyo Co to be Modestly Undervalued.
Key valuation signals for TSE:7226:
Return-on-Tangible-Asset: 6.32% (40% above median its 10-year median of 4.50)
GF Value™: 円3,163.34 vs. price of 円2,344.00 (25.9% below fair value)
Industry Position: 72.2% above the Farm & Heavy Construction Machinery median (#83 of 211)
No single metric tells the full story. See the TSE:7226 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kyokuto Kaihatsu Kogyo Co Ltd Is a Japan-based company which is various lines of business including specialty truck business, environmental equipment and systems and real estate rental business. It operates is business in three reportable segments namely Specialty truck business, Environmental equipment and systems business and Real estate rental business. Specialty truck business manufactures and distributes specialty trucks such as dump trucks, tailgate lifters, tank trucks, refuse trucks and trailers. Environmental equipment and systems business manufactures and distributes recycle facilities, including maintenance and consignment business. Real estate rental business manufactures multistory parking equipment and offers operating services and real estate rental services.
66GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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