ORIXIX +1.29%66 Return-on-Tangible-Asset is 1.26% as of Mar. 2026, which is 46% below its 10-year median of 2.34. GuruFocus rates IX with a GF Score™ of 66/100 and a GF Value™ of $29.95 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 569 Diversified Financial Services companies, ORIX ranks better than 76.98% 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. ORIX's annualizedNet Income for the quarter that ended in Mar. 2026 was $1,452 Mil. ORIX's average total tangible assets for the quarter that ended in Mar. 2026 was $114,852 Mil. Therefore, ORIX's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.26%.
The historical rank and industry rank for ORIX's Return-on-Tangible-Asset or its related term are showing as below:
IX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.44 Med: 2.34 Max: 2.76
Current: 2.55
During the past 13 years, ORIX's highest Return-on-Tangible-Asset was 2.76%. The lowest was 1.44%. And the median was 2.34%.
IX's Return-on-Tangible-Asset is ranked better than 76.98% of 569
companies
in the Diversified Financial Services industry
Industry Median: 0.82
vs IX: 2.55
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.
ORIX Return-on-Tangible-Asset Related Terms
ORIX Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for ORIX'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.
IX vs VOYA, FRHC: Return-on-Tangible-Asset Comparison
For the Financial Conglomerates subindustry, ORIX'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.
ORIX Return-on-Tangible-Asset vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, ORIX's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where ORIX'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 1.26% mean?
ORIX (IX) has a Return-on-Tangible-Asset of 1.26% 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 ORIX and its competitors. This is 46% below median its historical median of 2.34. Over the past decade, ORIX's Return-on-Tangible-Asset has ranged from 1.44 to 2.76. According to the industry distribution chart, ORIX ranks #131 out of 569 companies in the Diversified Financial Services industry, placing it in the top 23%.
Is ORIX's Return-on-Tangible-Asset too high?
ORIX's current Return-on-Tangible-Asset of 1.26% is 46% below median its 10-year median of 2.34. Over the past 10 years, this metric has ranged from a low of 1.44 to a high of 2.76. The Diversified Financial Services industry median Return-on-Tangible-Asset is 0.82. ORIX's value of 1.26% is 53.7% above this industry median. Based on the distribution chart, ORIX ranks #131 out of 569 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, ORIX has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ORIX's Return-on-Tangible-Asset compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, ORIX ranks #131 out of 569 companies for Return-on-Tangible-Asset. This places ORIX in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.82. ORIX's value of 1.26% is 53.7% above this benchmark. Historically, ORIX's own Return-on-Tangible-Asset has ranged from 1.44 to 2.76 over the past decade. While the company's 10-year median is 2.34 vs. the industry median of 0.82, ORIX 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 Diversified Financial Services company?
The median Return-on-Tangible-Asset among Diversified Financial Services companies is 0.82, 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. ORIX's current Return-on-Tangible-Asset of 1.26% is 53.7% 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 ORIX and its competitors. For the Diversified Financial Services industry, the median Return-on-Tangible-Asset is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ORIX's current Return-on-Tangible-Asset is 1.26%, which is 46% below median its own 10-year median of 2.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ORIX stock overvalued right now?
Based on GuruFocus' analysis, ORIX (IX) is currently considered Modestly Overvalued. The stock's GF Value™ is $29.95, compared to a current price of $38.53 — trading 28.7% above its estimated fair value. The current Return-on-Tangible-Asset is 1.26%, which is 46% below median its 10-year median of 2.34 and 53.7% above the Diversified Financial Services industry median of 0.82. ORIX's overall GF Score™ is 66/100 with 7 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 ORIX (IX), the current Return-on-Tangible-Asset is 1.26% 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 ORIX (IX) Overvalued in 2026?
Based on GuruFocus' analysis, ORIX stock appears to be overvalued.
The current stock price of $38.53 is trading 28.7% above its estimated GF Value™ of $29.95.
GuruFocus considers ORIX to be Modestly Overvalued.
Key valuation signals for IX:
Return-on-Tangible-Asset: 1.26% (46% below median its 10-year median of 2.34)
GF Value™: $29.95 vs. price of $38.53 (28.7% above fair value)
Industry Position: 53.7% above the Diversified Financial Services median (#131 of 569)
No single metric tells the full story. See the IX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ORIX Corp is a diversified financial services company with operations in Corporate Financial Services, Maintenance Leasing, Real Estate, PE Investment and Concession, Environment and Energy, Insurance, Banking and Credit, Aircraft and Ships, ORIX USA, ORIX Europe, Asia, and Australia and engages in various other fee businesses by providing products and services aligned with customer needs to its core customer base of domestic small and medium-sized enterprises. Orix's numerous divisions finance leases of large-ticket items like ships, airplanes, and technology equipment. The company generates the majority of its revenue from Corporate Financial Services and Maintenance Leasing operations and Real Estate operations.
66GF Score
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