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Asahi Kagaku Kogyo CoTSE:7928 +0.16%63 Return-on-Tangible-Equity is 1.22% as of Feb. 2026, which is 9% above its 10-year median of 1.12. GuruFocus rates TSE:7928 with a GF Score™ of 63/100 and a GF Value™ of 円558.48 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 2,970 Industrial Products companies, Asahi Kagaku Kogyo Co ranks worse than 71.62% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Asahi Kagaku Kogyo Co's annualized net income for the quarter that ended in Feb. 2026 was 円66 Mil. Asahi Kagaku Kogyo Co's average shareholder tangible equity for the quarter that ended in Feb. 2026 was 円5,398 Mil. Therefore, Asahi Kagaku Kogyo Co's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was 1.22%.
The historical rank and industry rank for Asahi Kagaku Kogyo Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:7928'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.73 Med: 1.12 Max: 13.09
Current: 1.38
During the past 13 years, Asahi Kagaku Kogyo Co's highest Return-on-Tangible-Equity was 13.09%. The lowest was -6.73%. And the median was 1.12%.
TSE:7928's Return-on-Tangible-Equity is ranked worse than 71.62% of 2970
companies
in the Industrial Products industry
Industry Median: 6.725
vs TSE:7928: 1.38
Asahi Kagaku Kogyo Co (TSE:7928) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Asahi Kagaku Kogyo Co Return-on-Tangible-Equity Related Terms
Asahi Kagaku Kogyo Co Return-on-Tangible-Equity Historical Data
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The historical data trend for Asahi Kagaku Kogyo Co's Return-on-Tangible-Equity 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.
Asahi Kagaku Kogyo Co Return-on-Tangible-Equity Chart
TSE:7928 vs SNA, RBC, LECO: Return-on-Tangible-Equity Comparison
For the Tools & Accessories subindustry, Asahi Kagaku Kogyo Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Asahi Kagaku Kogyo Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Asahi Kagaku Kogyo Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Asahi Kagaku Kogyo Co's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Feb. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 1.22% mean?
Asahi Kagaku Kogyo Co (TSE:7928) has a Return-on-Tangible-Equity of 1.22% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Asahi Kagaku Kogyo Co and its competitors. This is near median its historical median of 1.12. According to the industry distribution chart, Asahi Kagaku Kogyo Co ranks #2127 out of 2970 companies in the Industrial Products industry, placing it in the top 71.6%.
Is Asahi Kagaku Kogyo Co's Return-on-Tangible-Equity too high?
Asahi Kagaku Kogyo Co's current Return-on-Tangible-Equity of 1.22% is near median its 10-year median of 1.12. The Industrial Products industry median Return-on-Tangible-Equity is 6.73. Asahi Kagaku Kogyo Co's value of 1.22% is 81.9% below this industry median. Based on the distribution chart, Asahi Kagaku Kogyo Co ranks #2127 out of 2970 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Asahi Kagaku Kogyo Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Kagaku Kogyo Co's Return-on-Tangible-Equity compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Asahi Kagaku Kogyo Co ranks #2127 out of 2970 companies for Return-on-Tangible-Equity. This places Asahi Kagaku Kogyo Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.73. Asahi Kagaku Kogyo Co's value of 1.22% is 81.9% below this benchmark. While the company's 10-year median is 1.12 vs. the industry median of 6.73, Asahi Kagaku Kogyo 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-Equity for an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.73, based on 2,970 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asahi Kagaku Kogyo Co's current Return-on-Tangible-Equity of 1.22% is 81.9% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Asahi Kagaku Kogyo Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Kagaku Kogyo Co's current Return-on-Tangible-Equity is 1.22%, which is near median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Kagaku Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Asahi Kagaku Kogyo Co (TSE:7928) is currently considered Modestly Overvalued. The stock's GF Value™ is 円558.48, compared to a current price of 円624.00 — trading 11.7% above its estimated fair value. The current Return-on-Tangible-Equity is 1.22%, which is near median its 10-year median of 1.12 and 81.9% below the Industrial Products industry median of 6.73. Asahi Kagaku Kogyo Co's overall GF Score™ is 63/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Asahi Kagaku Kogyo Co (TSE:7928), the current Return-on-Tangible-Equity is 1.22% 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 Asahi Kagaku Kogyo Co (TSE:7928) Overvalued in 2026?
Based on GuruFocus' analysis, Asahi Kagaku Kogyo Co stock appears to be overvalued.
The current stock price of 円624.00 is trading 11.7% above its estimated GF Value™ of 円558.48.
GuruFocus considers Asahi Kagaku Kogyo Co to be Modestly Overvalued.
Key valuation signals for TSE:7928:
Return-on-Tangible-Equity: 1.22% (near median its 10-year median of 1.12)
GF Value™: 円558.48 vs. price of 円624.00 (11.7% above fair value)
Industry Position: 81.9% below the Industrial Products median (#2127 of 2970)
No single metric tells the full story. See the TSE:7928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asahi Kagaku Kogyo Co Ltd is a manufacturer of plastic parts, plastics molded products, processed goods and sets of plastics. It also provides electric tool parts, automobile parts, applied equipment, pump parts, building materials.
63GF Score
Get the complete analysis for TSE:7928
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