Maruhachi Warehouse Co (TSE:9313) Return-on-Tangible-Asset: 3.17% (As of May. 2026) — 12% Above Median

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TSE:9313 Maruhachi Warehouse Co Ltd TSE:9313
66 GF Score
Price 円1,053.00
GF Value 円837.86
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Maruhachi Warehouse Co Return-on-Tangible-Asset?

Maruhachi Warehouse Co TSE:9313 66 Return-on-Tangible-Asset is 3.17% as of May. 2026, which is 12% above its 10-year median of 2.82. GuruFocus rates TSE:9313 with a GF Score™ of 66/100 and a GF Value™ of 円837.86 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,093 Business Services companies, Maruhachi Warehouse Co ranks worse than 62.49% 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. Maruhachi Warehouse Co's annualized Net Income for the quarter that ended in May. 2026 was 円659 Mil. Maruhachi Warehouse Co's average total tangible assets for the quarter that ended in May. 2026 was 円20,763 Mil. Therefore, Maruhachi Warehouse Co's annualized Return-on-Tangible-Asset for the quarter that ended in May. 2026 was 3.17%.

The historical rank and industry rank for Maruhachi Warehouse Co's Return-on-Tangible-Asset or its related term are showing as below:

TSE:9313' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.59   Med: 2.82   Max: 4.88
Current: 2.03

During the past 13 years, Maruhachi Warehouse Co's highest Return-on-Tangible-Asset was 4.88%. The lowest was 1.59%. And the median was 2.82%.

TSE:9313's Return-on-Tangible-Asset is ranked worse than
62.49% of 1093 companies
in the Business Services industry
Industry Median: 4.09 vs TSE:9313: 2.03

Maruhachi Warehouse Co  (TSE:9313) 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 company’s 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 company’s 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.


Maruhachi Warehouse Co Return-on-Tangible-Asset Related Terms


Maruhachi Warehouse Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Maruhachi Warehouse 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.

Maruhachi Warehouse Co Return-on-Tangible-Asset Chart

Maruhachi Warehouse Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.88 1.97 2.26 4.88 1.59

Maruhachi Warehouse Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 May26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 2.45 0.52 1.96 3.17

TSE:9313 vs CTAS, CPRT, GPN: Return-on-Tangible-Asset Comparison

For the Specialty Business Services subindustry, Maruhachi Warehouse 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.


Maruhachi Warehouse Co Return-on-Tangible-Asset vs Business Services Industry

For the Business Services industry and Industrials sector, Maruhachi Warehouse Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Maruhachi Warehouse Co's Return-on-Tangible-Asset falls into.


TSE:9313
66GF Score
Maruhachi Warehouse Co Ltd TSE:9313
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruhachi Warehouse Co Return-on-Tangible-Asset Calculation

Maruhachi Warehouse Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Nov. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Nov. 2025 )  (A: Nov. 2024 )(A: Nov. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Nov. 2025 )  (A: Nov. 2024 )(A: Nov. 2025 )
=311.047/( (18739.221+20357.972)/ 2 )
=311.047/19548.5965
=1.59 %

Maruhachi Warehouse Co's annualized Return-on-Tangible-Asset for the quarter that ended in May. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: May. 2026 )  (Q: Feb. 2026 )(Q: May. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: May. 2026 )  (Q: Feb. 2026 )(Q: May. 2026 )
=658.848/( (20943.458+20581.691)/ 2 )
=658.848/20762.5745
=3.17 %

* 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 (May. 2026) net income data.

What does a Return-on-Tangible-Asset of 3.17% mean?
Maruhachi Warehouse Co (TSE:9313) has a Return-on-Tangible-Asset of 3.17% as of May. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Maruhachi Warehouse Co and its competitors. This is 12% above median its historical median of 2.82. Over the past decade, Maruhachi Warehouse Co's Return-on-Tangible-Asset has ranged from 1.59 to 4.88. According to the industry distribution chart, Maruhachi Warehouse Co ranks #683 out of 1093 companies in the Business Services industry, placing it in the top 62.5%.
Is Maruhachi Warehouse Co's Return-on-Tangible-Asset too high?
Maruhachi Warehouse Co's current Return-on-Tangible-Asset of 3.17% is 12% above median its 10-year median of 2.82. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 4.88. The Business Services industry median Return-on-Tangible-Asset is 4.09. Maruhachi Warehouse Co's value of 3.17% is 22.5% below this industry median. Based on the distribution chart, Maruhachi Warehouse Co ranks #683 out of 1093 companies in the Business Services industry, which is below the industry midpoint. Overall, Maruhachi Warehouse Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maruhachi Warehouse Co's Return-on-Tangible-Asset compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Maruhachi Warehouse Co ranks #683 out of 1093 companies for Return-on-Tangible-Asset. This places Maruhachi Warehouse Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.09. Maruhachi Warehouse Co's value of 3.17% is 22.5% below this benchmark. Historically, Maruhachi Warehouse Co's own Return-on-Tangible-Asset has ranged from 1.59 to 4.88 over the past decade. While the company's 10-year median is 2.82 vs. the industry median of 4.09, Maruhachi Warehouse 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 4.09, based on 1,093 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. Maruhachi Warehouse Co's current Return-on-Tangible-Asset of 3.17% is 22.5% 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 Maruhachi Warehouse Co and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 4.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruhachi Warehouse Co's current Return-on-Tangible-Asset is 3.17%, which is 12% above median its own 10-year median of 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruhachi Warehouse Co stock overvalued right now?
Based on GuruFocus' analysis, Maruhachi Warehouse Co (TSE:9313) is currently considered Modestly Overvalued. The stock's GF Value™ is 円837.86, compared to a current price of 円1,053.00 — trading 25.7% above its estimated fair value. The current Return-on-Tangible-Asset is 3.17%, which is 12% above median its 10-year median of 2.82 and 22.5% below the Business Services industry median of 4.09. Maruhachi Warehouse Co's overall GF Score™ is 66/100 with 6 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 Maruhachi Warehouse Co (TSE:9313), the current Return-on-Tangible-Asset is 3.17% as of May. 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 Maruhachi Warehouse Co (TSE:9313) Overvalued in 2026?

Based on GuruFocus' analysis, Maruhachi Warehouse Co stock appears to be overvalued. The current stock price of 円1,053.00 is trading 25.7% above its estimated GF Value™ of 円837.86. GuruFocus considers Maruhachi Warehouse Co to be Modestly Overvalued.

Key valuation signals for TSE:9313:

  • Return-on-Tangible-Asset: 3.17% (12% above median its 10-year median of 2.82)
  • GF Value™: 円837.86 vs. price of 円1,053.00 (25.7% above fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 22.5% below the Business Services median (#683 of 1093)

No single metric tells the full story. See the TSE:9313 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruhachi Warehouse Co Business Description

Address 2-1-9 Tomioka, Koto Ward, Tokyo HF Monzennakacho Building, 4th Floor, Tokyo, JPN, 135-0047
Maruhachi Warehouse Co Ltd operates warehouses and distribution centers. It reports its activities as two business segments - Logistics Business and Real Estate Business. The majority of its revenue is derived from the Logistics business segment. Its services include warehousing, warehousing leasing, cargo disposal of goods, freight transportation, real estate, and brokerage.
66GF Score

Get the complete analysis for TSE:9313

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,053.00
Price
円837.86
GF Value