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ZENKOKU HOSHO CoFRA:ZKH 83 Return-on-Tangible-Asset is 11.90% as of Mar. 2026, which is 71% above its 10-year median of 6.95. GuruFocus rates FRA:ZKH with a GF Score™ of 83/100 and a GF Value™ of €17.02 (Fairly Valued). The stock has 4 warning signs investors should review. Among 548 Credit Services companies, ZENKOKU HOSHO Co ranks better than 86.13% 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. ZENKOKU HOSHO Co's annualizedNet Income for the quarter that ended in Mar. 2026 was €316.4 Mil. ZENKOKU HOSHO Co's average total tangible assets for the quarter that ended in Mar. 2026 was €2,659.9 Mil. Therefore, ZENKOKU HOSHO Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 11.90%.
The historical rank and industry rank for ZENKOKU HOSHO Co's Return-on-Tangible-Asset or its related term are showing as below:
FRA:ZKH'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.36 Med: 6.95 Max: 7.92
Current: 6.73
During the past 13 years, ZENKOKU HOSHO Co's highest Return-on-Tangible-Asset was 7.92%. The lowest was 6.36%. And the median was 6.95%.
FRA:ZKH's Return-on-Tangible-Asset is ranked better than 86.13% of 548
companies
in the Credit Services industry
Industry Median: 1.965
vs FRA:ZKH: 6.73
ZENKOKU HOSHO Co (FRA:ZKH) 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 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.
ZENKOKU HOSHO Co Return-on-Tangible-Asset Related Terms
ZENKOKU HOSHO Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for ZENKOKU HOSHO 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.
FRA:ZKH vs V, MA, AXP: Return-on-Tangible-Asset Comparison
For the Credit Services subindustry, ZENKOKU HOSHO 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.
ZENKOKU HOSHO Co Return-on-Tangible-Asset vs Credit Services Industry
For the Credit Services industry and Financial Services sector, ZENKOKU HOSHO Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where ZENKOKU HOSHO Co'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 11.90% mean?
ZENKOKU HOSHO Co (FRA:ZKH) has a Return-on-Tangible-Asset of 11.90% 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 ZENKOKU HOSHO Co and its competitors. This is 71% above median its historical median of 6.95. Over the past decade, ZENKOKU HOSHO Co's Return-on-Tangible-Asset has ranged from 6.36 to 7.92. According to the industry distribution chart, ZENKOKU HOSHO Co ranks #76 out of 548 companies in the Credit Services industry, placing it in the top 13.9%.
Is ZENKOKU HOSHO Co's Return-on-Tangible-Asset too high?
ZENKOKU HOSHO Co's current Return-on-Tangible-Asset of 11.90% is 71% above median its 10-year median of 6.95. Over the past 10 years, this metric has ranged from a low of 6.36 to a high of 7.92. The Credit Services industry median Return-on-Tangible-Asset is 1.97. ZENKOKU HOSHO Co's value of 11.90% is 505.6% above this industry median. Based on the distribution chart, ZENKOKU HOSHO Co ranks #76 out of 548 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, ZENKOKU HOSHO Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ZENKOKU HOSHO Co's Return-on-Tangible-Asset compare to V and MA?
According to the Credit Services industry distribution chart, ZENKOKU HOSHO Co ranks #76 out of 548 companies for Return-on-Tangible-Asset. This places ZENKOKU HOSHO Co in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.97. ZENKOKU HOSHO Co's value of 11.90% is 505.6% above this benchmark. Historically, ZENKOKU HOSHO Co's own Return-on-Tangible-Asset has ranged from 6.36 to 7.92 over the past decade. While the company's 10-year median is 6.95 vs. the industry median of 1.97, ZENKOKU HOSHO 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 Credit Services company?
The median Return-on-Tangible-Asset among Credit Services companies is 1.97, based on 548 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. ZENKOKU HOSHO Co's current Return-on-Tangible-Asset of 11.90% is 505.6% 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 ZENKOKU HOSHO Co and its competitors. For the Credit Services industry, the median Return-on-Tangible-Asset is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZENKOKU HOSHO Co's current Return-on-Tangible-Asset is 11.90%, which is 71% above median its own 10-year median of 6.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZENKOKU HOSHO Co stock overvalued right now?
Based on GuruFocus' analysis, ZENKOKU HOSHO Co (FRA:ZKH) is currently considered Fairly Valued. The stock's GF Value™ is €17.02, compared to a current price of €16.50 — trading 3.1% below its estimated fair value. The current Return-on-Tangible-Asset is 11.90%, which is 71% above median its 10-year median of 6.95 and 505.6% above the Credit Services industry median of 1.97. ZENKOKU HOSHO Co's overall GF Score™ is 83/100 with 4 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 ZENKOKU HOSHO Co (FRA:ZKH), the current Return-on-Tangible-Asset is 11.90% 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 ZENKOKU HOSHO Co (FRA:ZKH) Overvalued in 2026?
Based on GuruFocus' analysis, ZENKOKU HOSHO Co stock appears to be undervalued.
The current stock price of €16.50 is trading 3.1% below its estimated GF Value™ of €17.02.
GuruFocus considers ZENKOKU HOSHO Co to be Fairly Valued.
Key valuation signals for FRA:ZKH:
Return-on-Tangible-Asset: 11.90% (71% above median its 10-year median of 6.95)
GF Value™: €17.02 vs. price of €16.50 (3.1% below fair value)
Industry Position: 505.6% above the Credit Services median (#76 of 548)
No single metric tells the full story. See the FRA:ZKH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ZENKOKU HOSHO Co Ltd operates a credit guarantee business. Its main offering is housing loan guarantees, which support a range of customer needs such as home purchases, refinancing, and renovations, with fees determined by factors like collateral value, income, and employment history. It also provides education loan guarantees covering tuition, exam fees, and other school-related costs for both term loans and overdraft formats. In addition, the company offers apartment loan guarantees that cover borrowing for rental housing construction.
83GF Score
Get the complete analysis for FRA:ZKH
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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