YGWAF (Yokogawa Bridge Holdings) Return-on-Tangible-Asset: 4.96% (As of Mar. 2026) — 18% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

YGWAF Yokogawa Bridge Holdings Corp YGWAF
61 GF Score
Price $19.00
GF Value $16.13
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Yokogawa Bridge Holdings Return-on-Tangible-Asset?

Yokogawa Bridge Holdings YGWAF 61 Return-on-Tangible-Asset is 4.96% as of Mar. 2026, which is 18% below its 10-year median of 6.07. GuruFocus rates YGWAF with a GF Score™ of 61/100 and a GF Value™ of $16.13 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,780 Construction companies, Yokogawa Bridge Holdings ranks better than 57.36% 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. Yokogawa Bridge Holdings's annualized Net Income for the quarter that ended in Mar. 2026 was $70.2 Mil. Yokogawa Bridge Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was $1,415.7 Mil. Therefore, Yokogawa Bridge Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.96%.

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

YGWAF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.57   Med: 6.07   Max: 7.06
Current: 4.07

During the past 13 years, Yokogawa Bridge Holdings's highest Return-on-Tangible-Asset was 7.06%. The lowest was 3.57%. And the median was 6.07%.

YGWAF's Return-on-Tangible-Asset is ranked better than
57.36% of 1780 companies
in the Construction industry
Industry Median: 3.06 vs YGWAF: 4.07

Yokogawa Bridge Holdings  (OTCPK:YGWAF) 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.


Yokogawa Bridge Holdings Return-on-Tangible-Asset Related Terms


Yokogawa Bridge Holdings Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Yokogawa Bridge Holdings'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.

Yokogawa Bridge Holdings Return-on-Tangible-Asset Chart

Yokogawa Bridge Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.24 5.85 5.61 6.15 3.70

Yokogawa Bridge Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 11.90 1.42 4.37 5.60 4.96

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

For the Engineering & Construction subindustry, Yokogawa Bridge Holdings'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.


Yokogawa Bridge Holdings Return-on-Tangible-Asset vs Construction Industry

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

* The bar in red indicates where Yokogawa Bridge Holdings's Return-on-Tangible-Asset falls into.


YGWAF
61GF Score
Yokogawa Bridge Holdings Corp YGWAF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yokogawa Bridge Holdings Return-on-Tangible-Asset Calculation

Yokogawa Bridge Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=54.713/( (1420.753+1537.596)/ 2 )
=54.713/1479.1745
=3.70 %

Yokogawa Bridge Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=70.228/( (1293.852+1537.596)/ 2 )
=70.228/1415.724
=4.96 %

* 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 4.96% mean?
Yokogawa Bridge Holdings (YGWAF) has a Return-on-Tangible-Asset of 4.96% 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 Yokogawa Bridge Holdings and its competitors. This is 18% below median its historical median of 6.07. Over the past decade, Yokogawa Bridge Holdings' Return-on-Tangible-Asset has ranged from 3.57 to 7.06. According to the industry distribution chart, Yokogawa Bridge Holdings ranks #759 out of 1780 companies in the Construction industry, placing it in the top 42.6%.
Is Yokogawa Bridge Holdings' Return-on-Tangible-Asset too high?
Yokogawa Bridge Holdings' current Return-on-Tangible-Asset of 4.96% is 18% below median its 10-year median of 6.07. Over the past 10 years, this metric has ranged from a low of 3.57 to a high of 7.06. The Construction industry median Return-on-Tangible-Asset is 3.06. Yokogawa Bridge Holdings' value of 4.96% is 62.1% above this industry median. Based on the distribution chart, Yokogawa Bridge Holdings ranks #759 out of 1780 companies in the Construction industry, which is above the industry midpoint. Overall, Yokogawa Bridge Holdings has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yokogawa Bridge Holdings' Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Yokogawa Bridge Holdings ranks #759 out of 1780 companies for Return-on-Tangible-Asset. This puts Yokogawa Bridge Holdings in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.06. Yokogawa Bridge Holdings' value of 4.96% is 62.1% above this benchmark. Historically, Yokogawa Bridge Holdings' own Return-on-Tangible-Asset has ranged from 3.57 to 7.06 over the past decade. While the company's 10-year median is 6.07 vs. the industry median of 3.06, Yokogawa Bridge Holdings 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. Yokogawa Bridge Holdings's current Return-on-Tangible-Asset of 4.96% is 62.1% 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 Yokogawa Bridge Holdings 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. Yokogawa Bridge Holdings's current Return-on-Tangible-Asset is 4.96%, which is 18% below median its own 10-year median of 6.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yokogawa Bridge Holdings stock overvalued right now?
Based on GuruFocus' analysis, Yokogawa Bridge Holdings (YGWAF) is currently considered Modestly Overvalued. The stock's GF Value™ is $16.13, compared to a current price of $19.00 — trading 17.8% above its estimated fair value. The current Return-on-Tangible-Asset is 4.96%, which is 18% below median its 10-year median of 6.07 and 62.1% above the Construction industry median of 3.06. Yokogawa Bridge Holdings' overall GF Score™ is 61/100 with 7 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 Yokogawa Bridge Holdings (YGWAF), the current Return-on-Tangible-Asset is 4.96% 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 Yokogawa Bridge Holdings (YGWAF) Overvalued in 2026?

Based on GuruFocus' analysis, Yokogawa Bridge Holdings stock appears to be overvalued. The current stock price of $19.00 is trading 17.8% above its estimated GF Value™ of $16.13. GuruFocus considers Yokogawa Bridge Holdings to be Modestly Overvalued.

Key valuation signals for YGWAF:

  • Return-on-Tangible-Asset: 4.96% (18% below median its 10-year median of 6.07)
  • GF Value™: $16.13 vs. price of $19.00 (17.8% above fair value)
  • GF Score™: 61/100 with 7 warning signs
  • Industry Position: 62.1% above the Construction median (#759 of 1780)

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


Yokogawa Bridge Holdings Business Description

Other Exchanges 5911:Japan
Address 4-4-44 Shibaura, Minato-ku, Tokyo, JPN, 108-0023
Yokogawa Bridge Holdings Corp is a Japan-based company engaged in building bridges and steel towers nationwide and overseas. The company uses computer-aided drafting (CAD) and computer-aided manufacturing (CAM) technologies to construct steel structures. Its businesses comprise of Bridge Business, Civil Engineering Business, Precision Equipment Business, and Research and Development Business.
61GF Score

Get the complete analysis for YGWAF

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

$19.00
Price
$16.13
GF Value