GUNGF (GungHo Online Entertainment) Return-on-Tangible-Asset: -3.44% (As of Dec. 2025)

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.

GUNGF GungHo Online Entertainment Inc GUNGF
71 GF Score
Price $15.80
GF Value $21.75
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is GungHo Online Entertainment Return-on-Tangible-Asset?

GungHo Online Entertainment GUNGF 71 Return-on-Tangible-Asset is -3.44% as of Dec. 2025. GuruFocus rates GUNGF with a GF Score™ of 71/100 and a GF Value™ of $21.75 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 569 Interactive Media companies, GungHo Online Entertainment ranks better than 50.79% 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. GungHo Online Entertainment's annualized Net Income for the quarter that ended in Dec. 2025 was $-38.1 Mil. GungHo Online Entertainment's average total tangible assets for the quarter that ended in Dec. 2025 was $1,107.1 Mil. Therefore, GungHo Online Entertainment's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -3.44%.

The historical rank and industry rank for GungHo Online Entertainment's Return-on-Tangible-Asset or its related term are showing as below:

GUNGF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.82   Med: 16.33   Max: 35.53
Current: 0.89

During the past 13 years, GungHo Online Entertainment's highest Return-on-Tangible-Asset was 35.53%. The lowest was 0.82%. And the median was 16.33%.

GUNGF's Return-on-Tangible-Asset is ranked better than
50.79% of 569 companies
in the Interactive Media industry
Industry Median: 0.69 vs GUNGF: 0.89

GungHo Online Entertainment  (OTCPK:GUNGF) 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.


GungHo Online Entertainment Return-on-Tangible-Asset Related Terms


GungHo Online Entertainment Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for GungHo Online Entertainment'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.

GungHo Online Entertainment Return-on-Tangible-Asset Chart

GungHo Online Entertainment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.13 12.22 9.97 6.32 0.81

GungHo Online Entertainment 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 3.84 2.08 1.01 -3.44 3.99

GUNGF vs NTES, EA, TTWO: Return-on-Tangible-Asset Comparison

For the Electronic Gaming & Multimedia subindustry, GungHo Online Entertainment'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.


GungHo Online Entertainment Return-on-Tangible-Asset vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GungHo Online Entertainment's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where GungHo Online Entertainment's Return-on-Tangible-Asset falls into.


GUNGF
71GF Score
GungHo Online Entertainment Inc GUNGF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GungHo Online Entertainment Return-on-Tangible-Asset Calculation

GungHo Online Entertainment's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=9.024/( (1135.889+1083.321)/ 2 )
=9.024/1109.605
=0.81 %

GungHo Online Entertainment's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=-38.096/( (1130.892+1083.321)/ 2 )
=-38.096/1107.1065
=-3.44 %

* 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 (Dec. 2025) net income data.

What does a Return-on-Tangible-Asset of -3.44% mean?
GungHo Online Entertainment (GUNGF) has a Return-on-Tangible-Asset of -3.44% 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 GungHo Online Entertainment and its competitors. Over the past decade, GungHo Online Entertainment's Return-on-Tangible-Asset has ranged from 0.82 to 35.53. According to the industry distribution chart, GungHo Online Entertainment ranks #280 out of 569 companies in the Interactive Media industry, placing it in the top 49.2%.
Is GungHo Online Entertainment's Return-on-Tangible-Asset too high?
GungHo Online Entertainment's current Return-on-Tangible-Asset is -3.44%. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 35.53. Based on the distribution chart, GungHo Online Entertainment ranks #280 out of 569 companies in the Interactive Media industry, which is above the industry midpoint. Overall, GungHo Online Entertainment has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GungHo Online Entertainment's Return-on-Tangible-Asset compare to NTES and EA?
According to the Interactive Media industry distribution chart, GungHo Online Entertainment ranks #280 out of 569 companies for Return-on-Tangible-Asset. This puts GungHo Online Entertainment in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.69. Historically, GungHo Online Entertainment's own Return-on-Tangible-Asset has ranged from 0.82 to 35.53 over the past decade. 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 an Interactive Media company?
The median Return-on-Tangible-Asset among Interactive Media companies is 0.69, based on 569 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. 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 GungHo Online Entertainment and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Asset is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GungHo Online Entertainment's current Return-on-Tangible-Asset is -3.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GungHo Online Entertainment stock overvalued right now?
Based on GuruFocus' analysis, GungHo Online Entertainment (GUNGF) is currently considered Modestly Undervalued. The stock's GF Value™ is $21.75, compared to a current price of $15.80 — trading 27.4% below its estimated fair value. The current Return-on-Tangible-Asset is -3.44%. GungHo Online Entertainment's overall GF Score™ is 71/100 with 5 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 GungHo Online Entertainment (GUNGF), the current Return-on-Tangible-Asset is -3.44% 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 GungHo Online Entertainment (GUNGF) Overvalued in 2026?

Based on GuruFocus' analysis, GungHo Online Entertainment stock appears to be undervalued. The current stock price of $15.80 is trading 27.4% below its estimated GF Value™ of $21.75. GuruFocus considers GungHo Online Entertainment to be Modestly Undervalued.

Key valuation signals for GUNGF:

  • Return-on-Tangible-Asset: -3.44%
  • GF Value™: $21.75 vs. price of $15.80 (27.4% below fair value)
  • GF Score™: 71/100 with 5 warning signs

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


GungHo Online Entertainment Business Description

Other Exchanges 3765:Japan
Address 1-11-1, Pacific Century Place Marunouchi, Marunouchi, Chiyodaku, Tokyo, JPN, 100-6221
GungHo Online Entertainment Inc is a Japanese company that plans, develops, publishes, and distributes online video games. Its portfolio includes games for smartphones, PCs, consoles, and handheld gaming devices. The company operates across several business segments, including the operation and distribution of smartphone games; the planning, development, and sale of console games; and the planning, development, licensing, and distribution of PC online games. Additionally, it is involved in the development and delivery of games for smartphones, consoles, and portable gaming platforms.
71GF Score

Get the complete analysis for GUNGF

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

$15.80
Price
$21.75
GF Value