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Chori CoTSE:8014 -1.14%77 Return-on-Tangible-Asset is 12.11% as of Mar. 2026, which is 121% above its 10-year median of 5.48. GuruFocus rates TSE:8014 with a GF Score™ of 77/100 and a GF Value™ of 円3,417.76 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 568 Conglomerates companies, Chori Co ranks better than 85.21% 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. Chori Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円17,640 Mil. Chori Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円145,627 Mil. Therefore, Chori Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 12.11%.
The historical rank and industry rank for Chori Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:8014'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.12 Med: 5.48 Max: 8.87
Current: 8.87
During the past 13 years, Chori Co's highest Return-on-Tangible-Asset was 8.87%. The lowest was 1.12%. And the median was 5.48%.
TSE:8014's Return-on-Tangible-Asset is ranked better than 85.21% of 568
companies
in the Conglomerates industry
Industry Median: 2.735
vs TSE:8014: 8.87
Chori Co (TSE:8014) 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.
Chori Co Return-on-Tangible-Asset Related Terms
Chori Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Chori 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:8014 vs MMM, HON: Return-on-Tangible-Asset Comparison
For the Conglomerates subindustry, Chori 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.
Chori Co Return-on-Tangible-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Chori Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Chori 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 12.11% mean?
Chori Co (TSE:8014) has a Return-on-Tangible-Asset of 12.11% 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 Chori Co and its competitors. This is 121% above median its historical median of 5.48. Over the past decade, Chori Co's Return-on-Tangible-Asset has ranged from 1.12 to 8.87. According to the industry distribution chart, Chori Co ranks #84 out of 568 companies in the Conglomerates industry, placing it in the top 14.8%.
Is Chori Co's Return-on-Tangible-Asset too high?
Chori Co's current Return-on-Tangible-Asset of 12.11% is 121% above median its 10-year median of 5.48. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 8.87. The Conglomerates industry median Return-on-Tangible-Asset is 2.74. Chori Co's value of 12.11% is 342.8% above this industry median. Based on the distribution chart, Chori Co ranks #84 out of 568 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Chori Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chori Co's Return-on-Tangible-Asset compare to MMM and HON?
According to the Conglomerates industry distribution chart, Chori Co ranks #84 out of 568 companies for Return-on-Tangible-Asset. This places Chori Co in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.74. Chori Co's value of 12.11% is 342.8% above this benchmark. Historically, Chori Co's own Return-on-Tangible-Asset has ranged from 1.12 to 8.87 over the past decade. While the company's 10-year median is 5.48 vs. the industry median of 2.74, Chori 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 2.74, based on 568 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. Chori Co's current Return-on-Tangible-Asset of 12.11% is 342.8% 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 Chori Co and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chori Co's current Return-on-Tangible-Asset is 12.11%, which is 121% above median its own 10-year median of 5.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chori Co stock overvalued right now?
Based on GuruFocus' analysis, Chori Co (TSE:8014) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,417.76, compared to a current price of 円3,905.00 — trading 14.3% above its estimated fair value. The current Return-on-Tangible-Asset is 12.11%, which is 121% above median its 10-year median of 5.48 and 342.8% above the Conglomerates industry median of 2.74. Chori Co's overall GF Score™ is 77/100 with 1 warning sign 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 Chori Co (TSE:8014), the current Return-on-Tangible-Asset is 12.11% 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 Chori Co (TSE:8014) Overvalued in 2026?
Based on GuruFocus' analysis, Chori Co stock appears to be overvalued.
The current stock price of 円3,905.00 is trading 14.3% above its estimated GF Value™ of 円3,417.76.
GuruFocus considers Chori Co to be Modestly Overvalued.
Key valuation signals for TSE:8014:
Return-on-Tangible-Asset: 12.11% (121% above median its 10-year median of 5.48)
GF Value™: 円3,417.76 vs. price of 円3,905.00 (14.3% above fair value)
Industry Position: 342.8% above the Conglomerates median (#84 of 568)
No single metric tells the full story. See the TSE:8014 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chori Co Ltd engages in textiles, chemicals, and machinery businesses. The textile business is engaged in weaving, knitting, dyeing and sewing. It sells polyester threads mainly for materials such as car seats, and handling fabrics centering on car seats and for apparels. Chemical business develops inorganic chemicals and mineral products for cosmetics, personal care and food additive applications. Machinery businesses export agricultural machinery, construction machinery, industrial equipment, and marine equipment. Chori has geographic operations in China, Japan, Europe, the United States, Hong Kong, and the Middle East.
77GF Score
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