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HIRAYAMA Holdings CoTSE:7781 +2.07%88 Return-on-Tangible-Asset is 11.44% as of Dec. 2025, which is 110% above its 10-year median of 5.46. GuruFocus rates TSE:7781 with a GF Score™ of 88/100 and a GF Value™ of 円567.54 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,094 Business Services companies, HIRAYAMA Holdings Co ranks better than 72.58% 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. HIRAYAMA Holdings Co's annualizedNet Income for the quarter that ended in Dec. 2025 was 円1,458 Mil. HIRAYAMA Holdings Co's average total tangible assets for the quarter that ended in Dec. 2025 was 円12,741 Mil. Therefore, HIRAYAMA Holdings Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 11.44%.
The historical rank and industry rank for HIRAYAMA Holdings Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:7781'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.34 Med: 5.46 Max: 9.08
Current: 9.08
During the past 12 years, HIRAYAMA Holdings Co's highest Return-on-Tangible-Asset was 9.08%. The lowest was 0.34%. And the median was 5.46%.
TSE:7781's Return-on-Tangible-Asset is ranked better than 72.58% of 1094
companies
in the Business Services industry
Industry Median: 4.07
vs TSE:7781: 9.08
HIRAYAMA Holdings Co (TSE:7781) 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.
HIRAYAMA Holdings Co Return-on-Tangible-Asset Related Terms
HIRAYAMA Holdings Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for HIRAYAMA Holdings 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.
HIRAYAMA Holdings Co Return-on-Tangible-Asset Chart
TSE:7781 vs KFY, RHI, TNET: Return-on-Tangible-Asset Comparison
For the Staffing & Employment Services subindustry, HIRAYAMA Holdings 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.
HIRAYAMA Holdings Co Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, HIRAYAMA Holdings Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where HIRAYAMA Holdings 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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 11.44% mean?
HIRAYAMA Holdings Co (TSE:7781) has a Return-on-Tangible-Asset of 11.44% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on HIRAYAMA Holdings Co and its competitors. This is 110% above median its historical median of 5.46. Over the past decade, HIRAYAMA Holdings Co's Return-on-Tangible-Asset has ranged from 0.34 to 9.08. According to the industry distribution chart, HIRAYAMA Holdings Co ranks #300 out of 1094 companies in the Business Services industry, placing it in the top 27.4%.
Is HIRAYAMA Holdings Co's Return-on-Tangible-Asset too high?
HIRAYAMA Holdings Co's current Return-on-Tangible-Asset of 11.44% is 110% above median its 10-year median of 5.46. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 9.08. The Business Services industry median Return-on-Tangible-Asset is 4.07. HIRAYAMA Holdings Co's value of 11.44% is 181.1% above this industry median. Based on the distribution chart, HIRAYAMA Holdings Co ranks #300 out of 1094 companies in the Business Services industry, which is above the industry midpoint. Overall, HIRAYAMA Holdings Co has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HIRAYAMA Holdings Co's Return-on-Tangible-Asset compare to KFY and RHI?
According to the Business Services industry distribution chart, HIRAYAMA Holdings Co ranks #300 out of 1094 companies for Return-on-Tangible-Asset. This puts HIRAYAMA Holdings Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.07. HIRAYAMA Holdings Co's value of 11.44% is 181.1% above this benchmark. Historically, HIRAYAMA Holdings Co's own Return-on-Tangible-Asset has ranged from 0.34 to 9.08 over the past decade. While the company's 10-year median is 5.46 vs. the industry median of 4.07, HIRAYAMA Holdings 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 4.07, based on 1,094 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. HIRAYAMA Holdings Co's current Return-on-Tangible-Asset of 11.44% is 181.1% 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 HIRAYAMA Holdings Co and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 4.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HIRAYAMA Holdings Co's current Return-on-Tangible-Asset is 11.44%, which is 110% above median its own 10-year median of 5.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HIRAYAMA Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, HIRAYAMA Holdings Co (TSE:7781) is currently considered Significantly Overvalued. The stock's GF Value™ is 円567.54, compared to a current price of 円789.00 — trading 39% above its estimated fair value. The current Return-on-Tangible-Asset is 11.44%, which is 110% above median its 10-year median of 5.46 and 181.1% above the Business Services industry median of 4.07. HIRAYAMA Holdings Co's overall GF Score™ is 88/100 with 2 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 HIRAYAMA Holdings Co (TSE:7781), the current Return-on-Tangible-Asset is 11.44% as of Dec. 2025. 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 HIRAYAMA Holdings Co (TSE:7781) Overvalued in 2026?
Based on GuruFocus' analysis, HIRAYAMA Holdings Co stock appears to be overvalued.
The current stock price of 円789.00 is trading 39% above its estimated GF Value™ of 円567.54.
GuruFocus considers HIRAYAMA Holdings Co to be Significantly Overvalued.
Key valuation signals for TSE:7781:
Return-on-Tangible-Asset: 11.44% (110% above median its 10-year median of 5.46)
GF Value™: 円567.54 vs. price of 円789.00 (39% above fair value)
Industry Position: 181.1% above the Business Services median (#300 of 1094)
No single metric tells the full story. See the TSE:7781 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HIRAYAMA Holdings Co Ltd is engaged in the staffing business. The company's services include manufacturing consulting service, Factory outsourcing service, Temp staffing service, and Fee-charging job placement service. It also provides in-sourcing/dispatch projects and engineer dispatch/contract development projects.
88GF Score
Get the complete analysis for TSE:7781
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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