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Ichinen Holdings CoICHHF 88 Return-on-Tangible-Asset is 2.91% as of Mar. 2026, which is 16% below its 10-year median of 3.48. GuruFocus rates ICHHF with a GF Score™ of 88/100 and a GF Value™ of $7.76. The stock has 6 warning signs investors should review. Among 1,096 Business Services companies, Ichinen Holdings Co ranks worse than 51.64% 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. Ichinen Holdings Co's annualizedNet Income for the quarter that ended in Mar. 2026 was $39 Mil. Ichinen Holdings Co's average total tangible assets for the quarter that ended in Mar. 2026 was $1,340 Mil. Therefore, Ichinen Holdings Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.91%.
The historical rank and industry rank for Ichinen Holdings Co's Return-on-Tangible-Asset or its related term are showing as below:
ICHHF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.98 Med: 3.48 Max: 6.59
Current: 3.69
During the past 13 years, Ichinen Holdings Co's highest Return-on-Tangible-Asset was 6.59%. The lowest was 1.98%. And the median was 3.48%.
ICHHF's Return-on-Tangible-Asset is ranked worse than 51.64% of 1096
companies
in the Business Services industry
Industry Median: 3.955
vs ICHHF: 3.69
Ichinen Holdings Co (OTCPK:ICHHF) 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.
Ichinen Holdings Co Return-on-Tangible-Asset Related Terms
Ichinen Holdings Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ichinen Holdings 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.
Ichinen Holdings Co Return-on-Tangible-Asset Chart
ICHHF vs URI, SUNB, AER: Return-on-Tangible-Asset Comparison
For the Rental & Leasing Services subindustry, Ichinen Holdings 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.
Ichinen Holdings Co Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Ichinen Holdings Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ichinen Holdings 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 2.91% mean?
Ichinen Holdings Co (ICHHF) has a Return-on-Tangible-Asset of 2.91% 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 Ichinen Holdings Co and its competitors. This is 16% below median its historical median of 3.48. Over the past decade, Ichinen Holdings Co's Return-on-Tangible-Asset has ranged from 1.98 to 6.59. According to the industry distribution chart, Ichinen Holdings Co ranks #566 out of 1096 companies in the Business Services industry, placing it in the top 51.6%.
Is Ichinen Holdings Co's Return-on-Tangible-Asset too high?
Ichinen Holdings Co's current Return-on-Tangible-Asset of 2.91% is 16% below median its 10-year median of 3.48. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 6.59. The Business Services industry median Return-on-Tangible-Asset is 3.96. Ichinen Holdings Co's value of 2.91% is 26.4% below this industry median. Based on the distribution chart, Ichinen Holdings Co ranks #566 out of 1096 companies in the Business Services industry, which is below the industry midpoint. Overall, Ichinen Holdings Co has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Ichinen Holdings Co's Return-on-Tangible-Asset compare to URI and SUNB?
According to the Business Services industry distribution chart, Ichinen Holdings Co ranks #566 out of 1096 companies for Return-on-Tangible-Asset. This places Ichinen Holdings Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.96. Ichinen Holdings Co's value of 2.91% is 26.4% below this benchmark. Historically, Ichinen Holdings Co's own Return-on-Tangible-Asset has ranged from 1.98 to 6.59 over the past decade. While the company's 10-year median is 3.48 vs. the industry median of 3.96, Ichinen Holdings 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-Asset for a Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.96, based on 1,096 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. Ichinen Holdings Co's current Return-on-Tangible-Asset of 2.91% is 26.4% 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-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 Ichinen Holdings Co and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichinen Holdings Co's current Return-on-Tangible-Asset is 2.91%, which is 16% below median its own 10-year median of 3.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichinen Holdings Co stock overvalued right now?
Ichinen Holdings Co (ICHHF) has a current Return-on-Tangible-Asset of 2.91%. The stock's GF Value™ is $7.76, compared to a current price of $8.66 — trading 11.6% above its estimated fair value. The current Return-on-Tangible-Asset is 2.91%, which is 16% below median its 10-year median of 3.48 and 26.4% below the Business Services industry median of 3.96. Ichinen Holdings Co's overall GF Score™ is 88/100 with 6 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 Ichinen Holdings Co (ICHHF), the current Return-on-Tangible-Asset is 2.91% 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 Ichinen Holdings Co (ICHHF) Overvalued in 2026?
Based on GuruFocus' analysis, Ichinen Holdings Co stock appears to be overvalued.
The current stock price of $8.66 is trading 11.6% above its estimated GF Value™ of $7.76.
Key valuation signals for ICHHF:
Return-on-Tangible-Asset: 2.91% (16% below median its 10-year median of 3.48)
GF Value™: $7.76 vs. price of $8.66 (11.6% above fair value)
Industry Position: 26.4% below the Business Services median (#566 of 1096)
No single metric tells the full story. See the ICHHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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