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Tokyo Seimitsu CoTSE:7729 +0.44%91 Return-on-Tangible-Asset is 17.58% as of Mar. 2026, which is 71% above its 10-year median of 10.29. GuruFocus rates TSE:7729 with a GF Score™ of 91/100 and a GF Value™ of 円10,743.53 (Significantly Overvalued). Among 1,028 Semiconductors companies, Tokyo Seimitsu Co ranks better than 80.45% 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. Tokyo Seimitsu Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円42,364 Mil. Tokyo Seimitsu Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円240,987 Mil. Therefore, Tokyo Seimitsu Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 17.58%.
The historical rank and industry rank for Tokyo Seimitsu Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:7729'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.84 Med: 10.29 Max: 12.39
Current: 10.5
During the past 13 years, Tokyo Seimitsu Co's highest Return-on-Tangible-Asset was 12.39%. The lowest was 4.84%. And the median was 10.29%.
TSE:7729's Return-on-Tangible-Asset is ranked better than 80.45% of 1028
companies
in the Semiconductors industry
Industry Median: 2.705
vs TSE:7729: 10.50
Tokyo Seimitsu Co (TSE:7729) 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.
Tokyo Seimitsu Co Return-on-Tangible-Asset Related Terms
Tokyo Seimitsu Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Tokyo Seimitsu 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:7729 vs AMAT, LRCX, KLAC: Return-on-Tangible-Asset Comparison
For the Semiconductor Equipment & Materials subindustry, Tokyo Seimitsu 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.
Tokyo Seimitsu Co Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Tokyo Seimitsu Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tokyo Seimitsu 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 17.58% mean?
Tokyo Seimitsu Co (TSE:7729) has a Return-on-Tangible-Asset of 17.58% 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 Tokyo Seimitsu Co and its competitors. This is 71% above median its historical median of 10.29. Over the past decade, Tokyo Seimitsu Co's Return-on-Tangible-Asset has ranged from 4.84 to 12.39. According to the industry distribution chart, Tokyo Seimitsu Co ranks #201 out of 1028 companies in the Semiconductors industry, placing it in the top 19.6%.
Is Tokyo Seimitsu Co's Return-on-Tangible-Asset too high?
Tokyo Seimitsu Co's current Return-on-Tangible-Asset of 17.58% is 71% above median its 10-year median of 10.29. Over the past 10 years, this metric has ranged from a low of 4.84 to a high of 12.39. The Semiconductors industry median Return-on-Tangible-Asset is 2.71. Tokyo Seimitsu Co's value of 17.58% is 549.9% above this industry median. Based on the distribution chart, Tokyo Seimitsu Co ranks #201 out of 1028 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Tokyo Seimitsu Co has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Seimitsu Co's Return-on-Tangible-Asset compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Tokyo Seimitsu Co ranks #201 out of 1028 companies for Return-on-Tangible-Asset. This places Tokyo Seimitsu Co in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.71. Tokyo Seimitsu Co's value of 17.58% is 549.9% above this benchmark. Historically, Tokyo Seimitsu Co's own Return-on-Tangible-Asset has ranged from 4.84 to 12.39 over the past decade. While the company's 10-year median is 10.29 vs. the industry median of 2.71, Tokyo Seimitsu 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 2.71, based on 1,028 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. Tokyo Seimitsu Co's current Return-on-Tangible-Asset of 17.58% is 549.9% 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 Tokyo Seimitsu Co and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 2.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Seimitsu Co's current Return-on-Tangible-Asset is 17.58%, which is 71% above median its own 10-year median of 10.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Seimitsu Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Seimitsu Co (TSE:7729) is currently considered Significantly Overvalued. The stock's GF Value™ is 円10,743.53, compared to a current price of 円17,235.00 — trading 60.4% above its estimated fair value. The current Return-on-Tangible-Asset is 17.58%, which is 71% above median its 10-year median of 10.29 and 549.9% above the Semiconductors industry median of 2.71. Tokyo Seimitsu Co's overall GF Score™ is 91/100. 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 Tokyo Seimitsu Co (TSE:7729), the current Return-on-Tangible-Asset is 17.58% 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 Tokyo Seimitsu Co (TSE:7729) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Seimitsu Co stock appears to be overvalued.
The current stock price of 円17,235.00 is trading 60.4% above its estimated GF Value™ of 円10,743.53.
GuruFocus considers Tokyo Seimitsu Co to be Significantly Overvalued.
Key valuation signals for TSE:7729:
Return-on-Tangible-Asset: 17.58% (71% above median its 10-year median of 10.29)
GF Value™: 円10,743.53 vs. price of 円17,235.00 (60.4% above fair value)
Industry Position: 549.9% above the Semiconductors median (#201 of 1028)
No single metric tells the full story. See the TSE:7729 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Seimitsu Co Ltd is engaged in the manufacture and sale of semiconductor manufacturing equipment and measuring instruments. The group has two reportable segments: Semiconductor Manufacturing Equipment and Measuring Instruments. The Semiconductor Manufacturing Equipment segment produces wafer probing machines, wafer dicing machines, polish grinders, wafer manufacturing machines, CMP equipment, and precision cutting blades. The Measuring Instruments segment manufactures 3D coordinate measuring machines, roundness and cylindrical shape measuring machines, surface roughness and contour shape measuring machines, and various automatic measuring, sorting, and assembly machines. It generates the majority of its revenue from the Semiconductor Manufacturing Equipment segment.
91GF Score
Get the complete analysis for TSE:7729
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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