Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Hakuto CoTSE:7433 -0.60%69 Return-on-Tangible-Asset is 2.19% as of Mar. 2026, which is 40% below its 10-year median of 3.67. GuruFocus rates TSE:7433 with a GF Score™ of 69/100 and a GF Value™ of 円4,215.87 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 2,500 Hardware companies, Hakuto Co ranks better than 58.2% 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. Hakuto Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円3,096 Mil. Hakuto Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円141,076 Mil. Therefore, Hakuto Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.19%.
The historical rank and industry rank for Hakuto Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:7433'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.44 Med: 3.67 Max: 6.45
Current: 3.77
During the past 13 years, Hakuto Co's highest Return-on-Tangible-Asset was 6.45%. The lowest was 1.44%. And the median was 3.67%.
TSE:7433's Return-on-Tangible-Asset is ranked better than 58.2% of 2500
companies
in the Hardware industry
Industry Median: 2.47
vs TSE:7433: 3.77
Hakuto Co (TSE:7433) 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.
Hakuto Co Return-on-Tangible-Asset Related Terms
Hakuto Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Hakuto 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:7433 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Hakuto 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.
Hakuto Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Hakuto Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hakuto 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 2.19% mean?
Hakuto Co (TSE:7433) has a Return-on-Tangible-Asset of 2.19% 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 Hakuto Co and its competitors. This is 40% below median its historical median of 3.67. Over the past decade, Hakuto Co's Return-on-Tangible-Asset has ranged from 1.44 to 6.45. According to the industry distribution chart, Hakuto Co ranks #1045 out of 2500 companies in the Hardware industry, placing it in the top 41.8%.
Is Hakuto Co's Return-on-Tangible-Asset too high?
Hakuto Co's current Return-on-Tangible-Asset of 2.19% is 40% below median its 10-year median of 3.67. Over the past 10 years, this metric has ranged from a low of 1.44 to a high of 6.45. The Hardware industry median Return-on-Tangible-Asset is 2.47. Hakuto Co's value of 2.19% is 11.3% below this industry median. Based on the distribution chart, Hakuto Co ranks #1045 out of 2500 companies in the Hardware industry, which is above the industry midpoint. Overall, Hakuto Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hakuto Co's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Hakuto Co ranks #1045 out of 2500 companies for Return-on-Tangible-Asset. This puts Hakuto Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.47. Hakuto Co's value of 2.19% is 11.3% below this benchmark. Historically, Hakuto Co's own Return-on-Tangible-Asset has ranged from 1.44 to 6.45 over the past decade. While the company's 10-year median is 3.67 vs. the industry median of 2.47, Hakuto Co has consistently been below 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 2,500 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. Hakuto Co's current Return-on-Tangible-Asset of 2.19% is 11.3% below 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 Hakuto 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. Hakuto Co's current Return-on-Tangible-Asset is 2.19%, which is 40% below median its own 10-year median of 3.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hakuto Co stock overvalued right now?
Based on GuruFocus' analysis, Hakuto Co (TSE:7433) is currently considered Modestly Overvalued. The stock's GF Value™ is 円4,215.87, compared to a current price of 円4,940.00 — trading 17.2% above its estimated fair value. The current Return-on-Tangible-Asset is 2.19%, which is 40% below median its 10-year median of 3.67 and 11.3% below the Hardware industry median of 2.47. Hakuto Co's overall GF Score™ is 69/100 with 9 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 Hakuto Co (TSE:7433), the current Return-on-Tangible-Asset is 2.19% 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 Hakuto Co (TSE:7433) Overvalued in 2026?
Based on GuruFocus' analysis, Hakuto Co stock appears to be overvalued.
The current stock price of 円4,940.00 is trading 17.2% above its estimated GF Value™ of 円4,215.87.
GuruFocus considers Hakuto Co to be Modestly Overvalued.
Key valuation signals for TSE:7433:
Return-on-Tangible-Asset: 2.19% (40% below median its 10-year median of 3.67)
GF Value™: 円4,215.87 vs. price of 円4,940.00 (17.2% above fair value)
Industry Position: 11.3% below the Hardware median (#1045 of 2500)
No single metric tells the full story. See the TSE:7433 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hakuto Co Ltd engages in the manufacture and sale of electronic materials and chemicals. It operates through the following divisions: Semiconductor Devices, Electronic Components, Electronic and Electric Equipment, And Chemicals. The Electronic Components includes semiconductor devices, connectors, and optical components. The Electronic and Electric Equipment consists of devices and equipment used in the production of semiconductors, printed circuit boards, turbo-molecular pumps, refrigerator units, and electrostatic accelerators. The Chemicals unit deals with chemicals used in oil refining, petrochemical, water treatment, cosmetics, and pulp and paper industries.
69GF Score
Get the complete analysis for TSE:7433
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:7433 has been successfully added to your 
