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Okamoto Glass CoTSE:7746 +1.80%46 Return-on-Tangible-Asset is 1.76% as of Mar. 2026, which is 105% above its 10-year median of 0.86. GuruFocus rates TSE:7746 with a GF Score™ of 46/100 and a GF Value™ of 円130.52 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,499 Hardware companies, Okamoto Glass Co ranks worse than 71.63% 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. Okamoto Glass Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円154 Mil. Okamoto Glass Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円8,776 Mil. Therefore, Okamoto Glass Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.76%.
The historical rank and industry rank for Okamoto Glass Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:7746'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -11.23 Med: 0.86 Max: 2.84
Current: -1.71
During the past 13 years, Okamoto Glass Co's highest Return-on-Tangible-Asset was 2.84%. The lowest was -11.23%. And the median was 0.86%.
TSE:7746's Return-on-Tangible-Asset is ranked worse than 71.63% of 2499
companies
in the Hardware industry
Industry Median: 2.47
vs TSE:7746: -1.71
Okamoto Glass Co (TSE:7746) 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.
Okamoto Glass Co Return-on-Tangible-Asset Related Terms
Okamoto Glass Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Okamoto Glass 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:7746 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Okamoto Glass 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.
Okamoto Glass Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Okamoto Glass Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Okamoto Glass 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 1.76% mean?
Okamoto Glass Co (TSE:7746) has a Return-on-Tangible-Asset of 1.76% 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 Okamoto Glass Co and its competitors. This is 105% above median its historical median of 0.86. According to the industry distribution chart, Okamoto Glass Co ranks #1790 out of 2499 companies in the Hardware industry, placing it in the top 71.6%.
Is Okamoto Glass Co's Return-on-Tangible-Asset too high?
Okamoto Glass Co's current Return-on-Tangible-Asset of 1.76% is 105% above median its 10-year median of 0.86. The Hardware industry median Return-on-Tangible-Asset is 2.47. Okamoto Glass Co's value of 1.76% is 28.7% below this industry median. Based on the distribution chart, Okamoto Glass Co ranks #1790 out of 2499 companies in the Hardware industry, which is below the industry midpoint. Overall, Okamoto Glass Co has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okamoto Glass Co's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Okamoto Glass Co ranks #1790 out of 2499 companies for Return-on-Tangible-Asset. This places Okamoto Glass Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.47. Okamoto Glass Co's value of 1.76% is 28.7% below this benchmark. While the company's 10-year median is 0.86 vs. the industry median of 2.47, Okamoto Glass 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 2,499 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. Okamoto Glass Co's current Return-on-Tangible-Asset of 1.76% is 28.7% 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 Okamoto Glass 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. Okamoto Glass Co's current Return-on-Tangible-Asset is 1.76%, which is 105% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okamoto Glass Co stock overvalued right now?
Based on GuruFocus' analysis, Okamoto Glass Co (TSE:7746) is currently considered Significantly Overvalued. The stock's GF Value™ is 円130.52, compared to a current price of 円735.00 — trading 463.1% above its estimated fair value. The current Return-on-Tangible-Asset is 1.76%, which is 105% above median its 10-year median of 0.86 and 28.7% below the Hardware industry median of 2.47. Okamoto Glass Co's overall GF Score™ is 46/100 with 5 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 Okamoto Glass Co (TSE:7746), the current Return-on-Tangible-Asset is 1.76% 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 Okamoto Glass Co (TSE:7746) Overvalued in 2026?
Based on GuruFocus' analysis, Okamoto Glass Co stock appears to be overvalued.
The current stock price of 円735.00 is trading 463.1% above its estimated GF Value™ of 円130.52.
GuruFocus considers Okamoto Glass Co to be Significantly Overvalued.
Key valuation signals for TSE:7746:
Return-on-Tangible-Asset: 1.76% (105% above median its 10-year median of 0.86)
GF Value™: 円130.52 vs. price of 円735.00 (463.1% above fair value)
Industry Position: 28.7% below the Hardware median (#1790 of 2499)
No single metric tells the full story. See the TSE:7746 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Okamoto Glass Co Ltd is engaged in the manufacture and sale of new glass for optical devices and multilayer film evaporation products. The products of the company include glass material, glass molded items, optical and functional coating, glass bulb, and glass frit.
46GF Score
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