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Shinko Shoji CoTSE:8141 -0.82%58 Return-on-Tangible-Asset is 1.43% as of Mar. 2026, which is 22% below its 10-year median of 1.84. GuruFocus rates TSE:8141 with a GF Score™ of 58/100 and a GF Value™ of 円723.59 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,500 Hardware companies, Shinko Shoji Co ranks worse than 57.16% 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. Shinko Shoji Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円1,152 Mil. Shinko Shoji Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円80,554 Mil. Therefore, Shinko Shoji Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.43%.
The historical rank and industry rank for Shinko Shoji Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:8141'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.56 Med: 1.84 Max: 5.04
Current: 1.37
During the past 13 years, Shinko Shoji Co's highest Return-on-Tangible-Asset was 5.04%. The lowest was 0.56%. And the median was 1.84%.
TSE:8141's Return-on-Tangible-Asset is ranked worse than 57.16% of 2500
companies
in the Hardware industry
Industry Median: 2.455
vs TSE:8141: 1.37
Shinko Shoji Co (TSE:8141) 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.
Shinko Shoji Co Return-on-Tangible-Asset Related Terms
Shinko Shoji Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Shinko Shoji 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:8141 vs SNX, ARW, AVT: Return-on-Tangible-Asset Comparison
For the Electronics & Computer Distribution subindustry, Shinko Shoji 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.
Shinko Shoji Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Shinko Shoji Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shinko Shoji 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 1.43% mean?
Shinko Shoji Co (TSE:8141) has a Return-on-Tangible-Asset of 1.43% 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 Shinko Shoji Co and its competitors. This is 22% below median its historical median of 1.84. Over the past decade, Shinko Shoji Co's Return-on-Tangible-Asset has ranged from 0.56 to 5.04. According to the industry distribution chart, Shinko Shoji Co ranks #1429 out of 2500 companies in the Hardware industry, placing it in the top 57.2%.
Is Shinko Shoji Co's Return-on-Tangible-Asset too high?
Shinko Shoji Co's current Return-on-Tangible-Asset of 1.43% is 22% below median its 10-year median of 1.84. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 5.04. The Hardware industry median Return-on-Tangible-Asset is 2.46. Shinko Shoji Co's value of 1.43% is 41.8% below this industry median. Based on the distribution chart, Shinko Shoji Co ranks #1429 out of 2500 companies in the Hardware industry, which is below the industry midpoint. Overall, Shinko Shoji Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinko Shoji Co's Return-on-Tangible-Asset compare to SNX and ARW?
According to the Hardware industry distribution chart, Shinko Shoji Co ranks #1429 out of 2500 companies for Return-on-Tangible-Asset. This places Shinko Shoji Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.46. Shinko Shoji Co's value of 1.43% is 41.8% below this benchmark. Historically, Shinko Shoji Co's own Return-on-Tangible-Asset has ranged from 0.56 to 5.04 over the past decade. While the company's 10-year median is 1.84 vs. the industry median of 2.46, Shinko Shoji 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 2.46, based on 2,500 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. Shinko Shoji Co's current Return-on-Tangible-Asset of 1.43% is 41.8% 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 Shinko Shoji Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinko Shoji Co's current Return-on-Tangible-Asset is 1.43%, which is 22% below median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinko Shoji Co stock overvalued right now?
Based on GuruFocus' analysis, Shinko Shoji Co (TSE:8141) is currently considered Significantly Overvalued. The stock's GF Value™ is 円723.59, compared to a current price of 円1,566.00 — trading 116.4% above its estimated fair value. The current Return-on-Tangible-Asset is 1.43%, which is 22% below median its 10-year median of 1.84 and 41.8% below the Hardware industry median of 2.46. Shinko Shoji Co's overall GF Score™ is 58/100 with 8 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 Shinko Shoji Co (TSE:8141), the current Return-on-Tangible-Asset is 1.43% 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 Shinko Shoji Co (TSE:8141) Overvalued in 2026?
Based on GuruFocus' analysis, Shinko Shoji Co stock appears to be overvalued.
The current stock price of 円1,566.00 is trading 116.4% above its estimated GF Value™ of 円723.59.
GuruFocus considers Shinko Shoji Co to be Significantly Overvalued.
Key valuation signals for TSE:8141:
Return-on-Tangible-Asset: 1.43% (22% below median its 10-year median of 1.84)
GF Value™: 円723.59 vs. price of 円1,566.00 (116.4% above fair value)
Industry Position: 41.8% below the Hardware median (#1429 of 2500)
No single metric tells the full story. See the TSE:8141 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shinko Shoji Co Ltd is engaged in the sale, import and export of electronic components & assembly products which includes memory products, microcomputers, system large scale integrations, semiconductors, capacitors, ferrite cores & color liquid crystals.
58GF Score
Get the complete analysis for TSE:8141
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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