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Biken TechnoTSE:9791 -0.82%76 Return-on-Tangible-Asset is 3.32% as of Mar. 2026, which is 6% above its 10-year median of 3.13. GuruFocus rates TSE:9791 with a GF Score™ of 76/100 and a GF Value™ of 円1,171.27 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,090 Business Services companies, Biken Techno ranks worse than 54.95% 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. Biken Techno's annualizedNet Income for the quarter that ended in Mar. 2026 was 円1,299 Mil. Biken Techno's average total tangible assets for the quarter that ended in Mar. 2026 was 円39,132 Mil. Therefore, Biken Techno's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.32%.
The historical rank and industry rank for Biken Techno's Return-on-Tangible-Asset or its related term are showing as below:
TSE:9791'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.71 Med: 3.13 Max: 4.33
Current: 3.4
During the past 13 years, Biken Techno's highest Return-on-Tangible-Asset was 4.33%. The lowest was 1.71%. And the median was 3.13%.
TSE:9791's Return-on-Tangible-Asset is ranked worse than 54.95% of 1090
companies
in the Business Services industry
Industry Median: 4.36
vs TSE:9791: 3.40
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.
Biken Techno Return-on-Tangible-Asset Related Terms
Biken Techno Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Biken Techno'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:9791 vs CTAS, CPRT, GPN: Return-on-Tangible-Asset Comparison
For the Specialty Business Services subindustry, Biken Techno'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.
Biken Techno Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Biken Techno's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Biken Techno'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 3.32% mean?
Biken Techno (TSE:9791) has a Return-on-Tangible-Asset of 3.32% 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 Biken Techno and its competitors. This is near median its historical median of 3.13. Over the past decade, Biken Techno's Return-on-Tangible-Asset has ranged from 1.71 to 4.33. According to the industry distribution chart, Biken Techno ranks #599 out of 1090 companies in the Business Services industry, placing it in the top 55%.
Is Biken Techno's Return-on-Tangible-Asset too high?
Biken Techno's current Return-on-Tangible-Asset of 3.32% is near median its 10-year median of 3.13. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 4.33. The Business Services industry median Return-on-Tangible-Asset is 4.36. Biken Techno's value of 3.32% is 23.9% below this industry median. Based on the distribution chart, Biken Techno ranks #599 out of 1090 companies in the Business Services industry, which is below the industry midpoint. Overall, Biken Techno has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Biken Techno's Return-on-Tangible-Asset compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Biken Techno ranks #599 out of 1090 companies for Return-on-Tangible-Asset. This places Biken Techno in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.36. Biken Techno's value of 3.32% is 23.9% below this benchmark. Historically, Biken Techno's own Return-on-Tangible-Asset has ranged from 1.71 to 4.33 over the past decade. While the company's 10-year median is 3.13 vs. the industry median of 4.36, Biken Techno 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 4.36, based on 1,090 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. Biken Techno's current Return-on-Tangible-Asset of 3.32% is 23.9% 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 Biken Techno and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 4.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Biken Techno's current Return-on-Tangible-Asset is 3.32%, which is near median its own 10-year median of 3.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biken Techno stock overvalued right now?
Based on GuruFocus' analysis, Biken Techno (TSE:9791) is currently considered Fairly Valued. The stock's GF Value™ is 円1,171.27, compared to a current price of 円1,206.00 — trading 3% above its estimated fair value. The current Return-on-Tangible-Asset is 3.32%, which is near median its 10-year median of 3.13 and 23.9% below the Business Services industry median of 4.36. Biken Techno's overall GF Score™ is 76/100 with 2 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 Biken Techno (TSE:9791), the current Return-on-Tangible-Asset is 3.32% 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 Biken Techno (TSE:9791) Overvalued in 2026?
Based on GuruFocus' analysis, Biken Techno stock appears to be overvalued.
The current stock price of 円1,206.00 is trading 3% above its estimated GF Value™ of 円1,171.27.
GuruFocus considers Biken Techno to be Fairly Valued.
Key valuation signals for TSE:9791:
Return-on-Tangible-Asset: 3.32% (near median its 10-year median of 3.13)
GF Value™: 円1,171.27 vs. price of 円1,206.00 (3% above fair value)
Industry Position: 23.9% below the Business Services median (#599 of 1090)
No single metric tells the full story. See the TSE:9791 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Biken Techno Corp is a Japan-based company engaged in the building maintenance business. It offers cleaning, security guard, facility management, renovation and repair, trading, brokerage, and leasing of real estate and operation of franchised stores, among others.
76GF Score
Get the complete analysis for TSE:9791
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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