Ohba Co (TSE:9765) Return-on-Tangible-Asset: 7.07% (As of Feb. 2026) — Near Median

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TSE:9765 Ohba Co Ltd TSE:9765
80 GF Score
Price 円1,125.00
GF Value 円1,142.42
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Ohba Co Return-on-Tangible-Asset?

Ohba Co TSE:9765 -0.79% 80 Return-on-Tangible-Asset is 7.07% as of Feb. 2026, which is 1% above its 10-year median of 7.01. GuruFocus rates TSE:9765 with a GF Score™ of 80/100 and a GF Value™ of 円1,142.42 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,780 Construction companies, Ohba Co ranks better than 72.64% 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. Ohba Co's annualized Net Income for the quarter that ended in Feb. 2026 was 円1,553 Mil. Ohba Co's average total tangible assets for the quarter that ended in Feb. 2026 was 円21,976 Mil. Therefore, Ohba Co's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 7.07%.

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

TSE:9765' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.93   Med: 7.01   Max: 14.56
Current: 6.63

During the past 13 years, Ohba Co's highest Return-on-Tangible-Asset was 14.56%. The lowest was 5.93%. And the median was 7.01%.

TSE:9765's Return-on-Tangible-Asset is ranked better than
72.64% of 1780 companies
in the Construction industry
Industry Median: 3.06 vs TSE:9765: 6.63

Ohba Co  (TSE:9765) 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.


Ohba Co Return-on-Tangible-Asset Related Terms


Ohba Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Ohba 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.

Ohba Co Return-on-Tangible-Asset Chart

Ohba Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.80 7.09 7.90 7.47 6.93

Ohba Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 Feb25 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 10.02 2.76 10.06 7.07 6.03

TSE:9765 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison

For the Engineering & Construction subindustry, Ohba 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.


Ohba Co Return-on-Tangible-Asset vs Construction Industry

For the Construction industry and Industrials sector, Ohba Co's Return-on-Tangible-Asset distribution charts can be found below:

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


TSE:9765
80GF Score
Ohba Co Ltd TSE:9765
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ohba Co Return-on-Tangible-Asset Calculation

Ohba Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in May. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: May. 2026 )  (A: May. 2025 )(A: May. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: May. 2026 )  (A: May. 2025 )(A: May. 2026 )
=1334.261/( (17842.295+20674.692)/ 2 )
=1334.261/19258.4935
=6.93 %

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

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=1552.78/( (20923.966+23028.456)/ 2 )
=1552.78/21976.211
=7.07 %

* 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 (Feb. 2026) net income data.

What does a Return-on-Tangible-Asset of 7.07% mean?
Ohba Co (TSE:9765) has a Return-on-Tangible-Asset of 7.07% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Ohba Co and its competitors. This is near median its historical median of 7.01. Over the past decade, Ohba Co's Return-on-Tangible-Asset has ranged from 5.93 to 14.56. According to the industry distribution chart, Ohba Co ranks #487 out of 1780 companies in the Construction industry, placing it in the top 27.4%.
Is Ohba Co's Return-on-Tangible-Asset too high?
Ohba Co's current Return-on-Tangible-Asset of 7.07% is near median its 10-year median of 7.01. Over the past 10 years, this metric has ranged from a low of 5.93 to a high of 14.56. The Construction industry median Return-on-Tangible-Asset is 3.06. Ohba Co's value of 7.07% is 131% above this industry median. Based on the distribution chart, Ohba Co ranks #487 out of 1780 companies in the Construction industry, which is above the industry midpoint. Overall, Ohba Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ohba Co's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Ohba Co ranks #487 out of 1780 companies for Return-on-Tangible-Asset. This puts Ohba Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.06. Ohba Co's value of 7.07% is 131% above this benchmark. Historically, Ohba Co's own Return-on-Tangible-Asset has ranged from 5.93 to 14.56 over the past decade. While the company's 10-year median is 7.01 vs. the industry median of 3.06, Ohba 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.06, based on 1,780 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. Ohba Co's current Return-on-Tangible-Asset of 7.07% is 131% 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 Ohba Co and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ohba Co's current Return-on-Tangible-Asset is 7.07%, which is near median its own 10-year median of 7.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ohba Co stock overvalued right now?
Based on GuruFocus' analysis, Ohba Co (TSE:9765) is currently considered Fairly Valued. The stock's GF Value™ is 円1,142.42, compared to a current price of 円1,125.00 — trading 1.5% below its estimated fair value. The current Return-on-Tangible-Asset is 7.07%, which is near median its 10-year median of 7.01 and 131% above the Construction industry median of 3.06. Ohba Co's overall GF Score™ is 80/100 with 3 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 Ohba Co (TSE:9765), the current Return-on-Tangible-Asset is 7.07% as of Feb. 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 Ohba Co (TSE:9765) Overvalued in 2026?

Based on GuruFocus' analysis, Ohba Co stock appears to be undervalued. The current stock price of 円1,125.00 is trading 1.5% below its estimated GF Value™ of 円1,142.42. GuruFocus considers Ohba Co to be Fairly Valued.

Key valuation signals for TSE:9765:

  • Return-on-Tangible-Asset: 7.07% (near median its 10-year median of 7.01)
  • GF Value™: 円1,142.42 vs. price of 円1,125.00 (1.5% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 131% above the Construction median (#487 of 1780)

No single metric tells the full story. See the TSE:9765 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ohba Co Business Description

Address Kowa Hitotsubashi Building, 3-7-1 Kanda Nishikicho, Chiyoda-ku, Tokyo, JPN, 153-0042
Ohba Co Ltd is a civil engineering consultant company. Its services include land and air surveying, designing of parks and roads and development/redevelopment of the urban land.
80GF Score

Get the complete analysis for TSE:9765

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

円1,125.00
Price
円1,142.42
GF Value