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Tachibana Eletech CoTSE:8159 -2.38%85 Return-on-Tangible-Asset is 6.38% as of Mar. 2026, which is 57% above its 10-year median of 4.06. GuruFocus rates TSE:8159 with a GF Score™ of 85/100 and a GF Value™ of 円3,077.87 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,501 Hardware companies, Tachibana Eletech Co ranks better than 62.5% 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. Tachibana Eletech Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円11,204 Mil. Tachibana Eletech Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円175,660 Mil. Therefore, Tachibana Eletech Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.38%.
The historical rank and industry rank for Tachibana Eletech Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:8159'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.97 Med: 4.06 Max: 5.45
Current: 4.43
During the past 13 years, Tachibana Eletech Co's highest Return-on-Tangible-Asset was 5.45%. The lowest was 2.97%. And the median was 4.06%.
TSE:8159's Return-on-Tangible-Asset is ranked better than 62.5% of 2501
companies
in the Hardware industry
Industry Median: 2.45
vs TSE:8159: 4.43
Tachibana Eletech Co (TSE:8159) 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.
Tachibana Eletech Co Return-on-Tangible-Asset Related Terms
Tachibana Eletech Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Tachibana Eletech 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.
Tachibana Eletech Co Return-on-Tangible-Asset Chart
TSE:8159 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Tachibana Eletech 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.
Tachibana Eletech Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Tachibana Eletech Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tachibana Eletech 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 6.38% mean?
Tachibana Eletech Co (TSE:8159) has a Return-on-Tangible-Asset of 6.38% 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 Tachibana Eletech Co and its competitors. This is 57% above median its historical median of 4.06. Over the past decade, Tachibana Eletech Co's Return-on-Tangible-Asset has ranged from 2.97 to 5.45. According to the industry distribution chart, Tachibana Eletech Co ranks #938 out of 2501 companies in the Hardware industry, placing it in the top 37.5%.
Is Tachibana Eletech Co's Return-on-Tangible-Asset too high?
Tachibana Eletech Co's current Return-on-Tangible-Asset of 6.38% is 57% above median its 10-year median of 4.06. Over the past 10 years, this metric has ranged from a low of 2.97 to a high of 5.45. The Hardware industry median Return-on-Tangible-Asset is 2.45. Tachibana Eletech Co's value of 6.38% is 160.4% above this industry median. Based on the distribution chart, Tachibana Eletech Co ranks #938 out of 2501 companies in the Hardware industry, which is above the industry midpoint. Overall, Tachibana Eletech Co has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tachibana Eletech Co's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Tachibana Eletech Co ranks #938 out of 2501 companies for Return-on-Tangible-Asset. This puts Tachibana Eletech Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.45. Tachibana Eletech Co's value of 6.38% is 160.4% above this benchmark. Historically, Tachibana Eletech Co's own Return-on-Tangible-Asset has ranged from 2.97 to 5.45 over the past decade. While the company's 10-year median is 4.06 vs. the industry median of 2.45, Tachibana Eletech 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.45, based on 2,501 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. Tachibana Eletech Co's current Return-on-Tangible-Asset of 6.38% is 160.4% 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 Tachibana Eletech Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tachibana Eletech Co's current Return-on-Tangible-Asset is 6.38%, which is 57% above median its own 10-year median of 4.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tachibana Eletech Co stock overvalued right now?
Based on GuruFocus' analysis, Tachibana Eletech Co (TSE:8159) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,077.87, compared to a current price of 円3,890.00 — trading 26.4% above its estimated fair value. The current Return-on-Tangible-Asset is 6.38%, which is 57% above median its 10-year median of 4.06 and 160.4% above the Hardware industry median of 2.45. Tachibana Eletech Co's overall GF Score™ is 85/100 with 4 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 Tachibana Eletech Co (TSE:8159), the current Return-on-Tangible-Asset is 6.38% 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 Tachibana Eletech Co (TSE:8159) Overvalued in 2026?
Based on GuruFocus' analysis, Tachibana Eletech Co stock appears to be overvalued.
The current stock price of 円3,890.00 is trading 26.4% above its estimated GF Value™ of 円3,077.87.
GuruFocus considers Tachibana Eletech Co to be Modestly Overvalued.
Key valuation signals for TSE:8159:
Return-on-Tangible-Asset: 6.38% (57% above median its 10-year median of 4.06)
GF Value™: 円3,077.87 vs. price of 円3,890.00 (26.4% above fair value)
Industry Position: 160.4% above the Hardware median (#938 of 2501)
No single metric tells the full story. See the TSE:8159 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tachibana Eletech Co Ltd is a Japan based technology driven company engaged in the sale of factory automation systems. It operates in the segments of Factory automation systems business, Semiconductors and electronic devices business, and Building services systems business. The company derives a majority of the revenue from the Factory automation systems business, which involves products and services like programmable controllers, inverters, AC servos, various types of motors, power distribution control equipment and control devices, industrial robots, and other products. It has a business presence in Japan and various other countries.
85GF Score
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