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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Luckland CoTSE:9612 +1.51%74 Return-on-Tangible-Asset is -3.15% as of Dec. 2025. GuruFocus rates TSE:9612 with a GF Score™ of 74/100 and a GF Value™ of 円2,640.54 (Significantly Undervalued). Among 1,788 Construction companies, Luckland Co ranks better than 69.74% 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. Luckland Co's annualizedNet Income for the quarter that ended in Dec. 2025 was 円-900 Mil. Luckland Co's average total tangible assets for the quarter that ended in Dec. 2025 was 円28,556 Mil. Therefore, Luckland Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -3.15%.
The historical rank and industry rank for Luckland Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:9612'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.91 Med: 0.63 Max: 7.86
Current: 6.17
During the past 13 years, Luckland Co's highest Return-on-Tangible-Asset was 7.86%. The lowest was -1.91%. And the median was 0.63%.
TSE:9612's Return-on-Tangible-Asset is ranked better than 69.74% of 1788
companies
in the Construction industry
Industry Median: 3.095
vs TSE:9612: 6.17
Luckland Co (TSE:9612) 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.
Luckland Co Return-on-Tangible-Asset Related Terms
Luckland Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Luckland 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:9612 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Luckland 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.
Luckland Co Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Luckland Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Luckland 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 -3.15% mean?
Luckland Co (TSE:9612) has a Return-on-Tangible-Asset of -3.15% 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 Luckland Co and its competitors. According to the industry distribution chart, Luckland Co ranks #541 out of 1788 companies in the Construction industry, placing it in the top 30.3%.
Is Luckland Co's Return-on-Tangible-Asset too high?
Luckland Co's current Return-on-Tangible-Asset is -3.15%. Based on the distribution chart, Luckland Co ranks #541 out of 1788 companies in the Construction industry, which is above the industry midpoint. Overall, Luckland Co has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Luckland Co's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Luckland Co ranks #541 out of 1788 companies for Return-on-Tangible-Asset. This puts Luckland Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.10. 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.10, based on 1,788 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. 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 Luckland Co and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Luckland Co's current Return-on-Tangible-Asset is -3.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luckland Co stock overvalued right now?
Based on GuruFocus' analysis, Luckland Co (TSE:9612) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,640.54, compared to a current price of 円1,279.00 — trading 51.6% below its estimated fair value. The current Return-on-Tangible-Asset is -3.15%. Luckland Co's overall GF Score™ is 74/100. 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 Luckland Co (TSE:9612), the current Return-on-Tangible-Asset is -3.15% 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 Luckland Co (TSE:9612) Overvalued in 2026?
Based on GuruFocus' analysis, Luckland Co stock appears to be undervalued.
The current stock price of 円1,279.00 is trading 51.6% below its estimated GF Value™ of 円2,640.54.
GuruFocus considers Luckland Co to be Significantly Undervalued.
Key valuation signals for TSE:9612:
Return-on-Tangible-Asset: -3.15%
GF Value™: 円2,640.54 vs. price of 円1,279.00 (51.6% below fair value)
No single metric tells the full story. See the TSE:9612 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Luckland Co Ltd is engaged in the designing, construction, and maintenance of commercial building facilities. The company specializes in food store construction. It also builds shopping malls, restaurants, theme parks, specialty stores, hotel, convenience store, and others.
74GF Score
Get the complete analysis for TSE:9612
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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