Musashi Co (TSE:7521) Return-on-Tangible-Asset: 11.88% (As of Mar. 2026) — 506% Above Median

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TSE:7521 Musashi Co Ltd TSE:7521
68 GF Score
Price 円2,783.00
GF Value 円2,012.44
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Musashi Co Return-on-Tangible-Asset?

Musashi Co TSE:7521 +0.91% 68 Return-on-Tangible-Asset is 11.88% as of Mar. 2026, which is 506% above its 10-year median of 1.96. GuruFocus rates TSE:7521 with a GF Score™ of 68/100 and a GF Value™ of 円2,012.44 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 559 Conglomerates companies, Musashi Co ranks better than 61.18% 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. Musashi Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円6,060 Mil. Musashi Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円51,015 Mil. Therefore, Musashi Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 11.88%.

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

TSE:7521' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.07   Med: 1.96   Max: 7.26
Current: 3.96

During the past 13 years, Musashi Co's highest Return-on-Tangible-Asset was 7.26%. The lowest was -0.07%. And the median was 1.96%.

TSE:7521's Return-on-Tangible-Asset is ranked better than
61.18% of 559 companies
in the Conglomerates industry
Industry Median: 2.73 vs TSE:7521: 3.96

Musashi Co  (TSE:7521) 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.


Musashi Co Return-on-Tangible-Asset Related Terms


Musashi Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Musashi 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.

Musashi Co Return-on-Tangible-Asset Chart

Musashi 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 2.33 4.05 1.73 7.26 5.50

Musashi Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.36 3.94 0.12 11.88 -0.25

TSE:7521 vs MMM, HON: Return-on-Tangible-Asset Comparison

For the Conglomerates subindustry, Musashi 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.


Musashi Co Return-on-Tangible-Asset vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Musashi Co's Return-on-Tangible-Asset distribution charts can be found below:

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


TSE:7521
68GF Score
Musashi Co Ltd TSE:7521
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Musashi Co Return-on-Tangible-Asset Calculation

Musashi 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 )
=2803/( (49607+52361)/ 2 )
=2803/50984
=5.50 %

Musashi 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: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=6060/( (49669+52361)/ 2 )
=6060/51015
=11.88 %

* 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 11.88% mean?
Musashi Co (TSE:7521) has a Return-on-Tangible-Asset of 11.88% 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 Musashi Co and its competitors. This is 506% above median its historical median of 1.96. According to the industry distribution chart, Musashi Co ranks #217 out of 559 companies in the Conglomerates industry, placing it in the top 38.8%.
Is Musashi Co's Return-on-Tangible-Asset too high?
Musashi Co's current Return-on-Tangible-Asset of 11.88% is 506% above median its 10-year median of 1.96. The Conglomerates industry median Return-on-Tangible-Asset is 2.73. Musashi Co's value of 11.88% is 335.2% above this industry median. Based on the distribution chart, Musashi Co ranks #217 out of 559 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Musashi Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Musashi Co's Return-on-Tangible-Asset compare to MMM and HON?
According to the Conglomerates industry distribution chart, Musashi Co ranks #217 out of 559 companies for Return-on-Tangible-Asset. This puts Musashi Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.73. Musashi Co's value of 11.88% is 335.2% above this benchmark. While the company's 10-year median is 1.96 vs. the industry median of 2.73, Musashi 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 Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.73, based on 559 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. Musashi Co's current Return-on-Tangible-Asset of 11.88% is 335.2% 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 Musashi Co and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Musashi Co's current Return-on-Tangible-Asset is 11.88%, which is 506% above median its own 10-year median of 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Musashi Co stock overvalued right now?
Based on GuruFocus' analysis, Musashi Co (TSE:7521) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,012.44, compared to a current price of 円2,783.00 — trading 38.3% above its estimated fair value. The current Return-on-Tangible-Asset is 11.88%, which is 506% above median its 10-year median of 1.96 and 335.2% above the Conglomerates industry median of 2.73. Musashi Co's overall GF Score™ is 68/100 with 3 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 Musashi Co (TSE:7521), the current Return-on-Tangible-Asset is 11.88% 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 Musashi Co (TSE:7521) Overvalued in 2026?

Based on GuruFocus' analysis, Musashi Co stock appears to be overvalued. The current stock price of 円2,783.00 is trading 38.3% above its estimated GF Value™ of 円2,012.44. GuruFocus considers Musashi Co to be Significantly Overvalued.

Key valuation signals for TSE:7521:

  • Return-on-Tangible-Asset: 11.88% (506% above median its 10-year median of 1.96)
  • GF Value™: 円2,012.44 vs. price of 円2,783.00 (38.3% above fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 335.2% above the Conglomerates median (#217 of 559)

No single metric tells the full story. See the TSE:7521 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Musashi Co Business Description

Address 8-20-36 Ginza, Chuo-ku, Tokyo, JPN, 104-0061
Musashi Co Ltd is engaged in the sale of system equipment. It offers information/industrial systems equipment, printing systems equipment, cash handling systems equipment, and election systems equipment among others. It is also engaged in Planning, development, manufacturing, sales, and software sales of election system equipment and Sales of paper and paper processed goods.
68GF Score

Get the complete analysis for TSE:7521

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

円2,783.00
Price
円2,012.44
GF Value