Shriro HoldingsASX:SHM -1.40%51 Return-on-Tangible-Asset is 21.18% as of Dec. 2025, which is 126% above its 10-year median of 9.38. GuruFocus rates ASX:SHM with a GF Score™ of 51/100 and a GF Value™ of A$0.80 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,126 Retail - Cyclical companies, Shriro Holdings ranks better than 86.32% 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. Shriro Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was A$13.1 Mil. Shriro Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was A$62.0 Mil. Therefore, Shriro Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 21.18%.
The historical rank and industry rank for Shriro Holdings's Return-on-Tangible-Asset or its related term are showing as below:
ASX:SHM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.85 Med: 9.38 Max: 17.45
Current: 11.97
During the past 10 years, Shriro Holdings's highest Return-on-Tangible-Asset was 17.45%. The lowest was 6.85%. And the median was 9.38%.
ASX:SHM's Return-on-Tangible-Asset is ranked better than 86.32% of 1126
companies
in the Retail - Cyclical industry
Industry Median: 2.94
vs ASX:SHM: 11.97
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.
Shriro Holdings Return-on-Tangible-Asset Related Terms
Shriro Holdings Return-on-Tangible-Asset Historical Data
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The historical data trend for Shriro 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.
ASX:SHM vs CASY, WSM, DKS: Return-on-Tangible-Asset Comparison
For the Specialty Retail subindustry, Shriro 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.
Shriro Holdings Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Shriro Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shriro Holdings'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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 21.18% mean?
Shriro Holdings (ASX:SHM) has a Return-on-Tangible-Asset of 21.18% 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 Shriro Holdings and its competitors. This is 126% above median its historical median of 9.38. Over the past decade, Shriro Holdings' Return-on-Tangible-Asset has ranged from 6.85 to 17.45. According to the industry distribution chart, Shriro Holdings ranks #154 out of 1126 companies in the Retail - Cyclical industry, placing it in the top 13.7%.
Is Shriro Holdings' Return-on-Tangible-Asset too high?
Shriro Holdings' current Return-on-Tangible-Asset of 21.18% is 126% above median its 10-year median of 9.38. Over the past 10 years, this metric has ranged from a low of 6.85 to a high of 17.45. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.94. Shriro Holdings' value of 21.18% is 620.4% above this industry median. Based on the distribution chart, Shriro Holdings ranks #154 out of 1126 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Shriro Holdings has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shriro Holdings' Return-on-Tangible-Asset compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Shriro Holdings ranks #154 out of 1126 companies for Return-on-Tangible-Asset. This places Shriro Holdings in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.94. Shriro Holdings' value of 21.18% is 620.4% above this benchmark. Historically, Shriro Holdings' own Return-on-Tangible-Asset has ranged from 6.85 to 17.45 over the past decade. While the company's 10-year median is 9.38 vs. the industry median of 2.94, Shriro 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 Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 2.94, based on 1,126 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. Shriro Holdings's current Return-on-Tangible-Asset of 21.18% is 620.4% 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 Shriro Holdings and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shriro Holdings's current Return-on-Tangible-Asset is 21.18%, which is 126% above median its own 10-year median of 9.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shriro Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shriro Holdings (ASX:SHM) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.80, compared to a current price of A$0.71 — trading 11.9% below its estimated fair value. The current Return-on-Tangible-Asset is 21.18%, which is 126% above median its 10-year median of 9.38 and 620.4% above the Retail - Cyclical industry median of 2.94. Shriro Holdings' overall GF Score™ is 51/100 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 Shriro Holdings (ASX:SHM), the current Return-on-Tangible-Asset is 21.18% 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 Shriro Holdings (ASX:SHM) Overvalued in 2026?
Based on GuruFocus' analysis, Shriro Holdings stock appears to be undervalued.
The current stock price of A$0.71 is trading 11.9% below its estimated GF Value™ of A$0.80.
GuruFocus considers Shriro Holdings to be Modestly Undervalued.
Key valuation signals for ASX:SHM:
Return-on-Tangible-Asset: 21.18% (126% above median its 10-year median of 9.38)
GF Value™: A$0.80 vs. price of A$0.71 (11.9% below fair value)
Industry Position: 620.4% above the Retail - Cyclical median (#154 of 1126)
No single metric tells the full story. See the ASX:SHM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shriro Holdings Ltd is engaged in the marketing and distribution of premium consumer products. It has a diverse portfolio of company-owned brands, including Everdure, Omega Altise, and Robinhood, as well as third-party brands such as Casio, Pioneer, Grohe, and American Standard, among others. The group's product offerings include calculators, watches, musical instruments, bathtubs, sanitary ware, taps, shower fittings, audio products, kitchen appliances, laundry products, consumer electronics, car audio, amplifiers, professional DJ equipment, gas heaters, gas barbeques, charcoal barbeques, pizza ovens, electric heaters, cooling products, etc. Its geographical operating segments are: Australia, which derives maximum revenue, New Zealand, and the Rest of the world.
51GF Score
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