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E Media HoldingsJSE:EMH +11.76%58 Return-on-Tangible-Asset is 6.66% as of Mar. 2026, which is 41% above its 10-year median of 4.73. GuruFocus rates JSE:EMH with a GF Score™ of 58/100 and a GF Value™ of R2.36 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,030 Media - Diversified companies, E Media Holdings ranks better than 77.48% 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. E Media Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was R249 Mil. E Media Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was R3,745 Mil. Therefore, E Media Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.66%.
The historical rank and industry rank for E Media Holdings's Return-on-Tangible-Asset or its related term are showing as below:
JSE:EMH'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -71.43 Med: 4.73 Max: 9.34
Current: 6.64
During the past 13 years, E Media Holdings's highest Return-on-Tangible-Asset was 9.34%. The lowest was -71.43%. And the median was 4.73%.
JSE:EMH's Return-on-Tangible-Asset is ranked better than 77.48% of 1030
companies
in the Media - Diversified industry
Industry Median: 0.83
vs JSE:EMH: 6.64
E Media Holdings (JSE:EMH) 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.
E Media Holdings Return-on-Tangible-Asset Related Terms
E Media Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for E Media 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.
JSE:EMH vs NFLX, DIS, WBD: Return-on-Tangible-Asset Comparison
For the Entertainment subindustry, E Media 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.
E Media Holdings Return-on-Tangible-Asset vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, E Media Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where E Media 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 6.66% mean?
E Media Holdings (JSE:EMH) has a Return-on-Tangible-Asset of 6.66% 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 E Media Holdings and its competitors. This is 41% above median its historical median of 4.73. According to the industry distribution chart, E Media Holdings ranks #232 out of 1030 companies in the Media - Diversified industry, placing it in the top 22.5%.
Is E Media Holdings' Return-on-Tangible-Asset too high?
E Media Holdings' current Return-on-Tangible-Asset of 6.66% is 41% above median its 10-year median of 4.73. The Media - Diversified industry median Return-on-Tangible-Asset is 0.83. E Media Holdings' value of 6.66% is 702.4% above this industry median. Based on the distribution chart, E Media Holdings ranks #232 out of 1030 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, E Media Holdings has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does E Media Holdings' Return-on-Tangible-Asset compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, E Media Holdings ranks #232 out of 1030 companies for Return-on-Tangible-Asset. This places E Media Holdings in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.83. E Media Holdings' value of 6.66% is 702.4% above this benchmark. While the company's 10-year median is 4.73 vs. the industry median of 0.83, E Media 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 Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.83, based on 1,030 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. E Media Holdings's current Return-on-Tangible-Asset of 6.66% is 702.4% 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 E Media Holdings and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. E Media Holdings's current Return-on-Tangible-Asset is 6.66%, which is 41% above median its own 10-year median of 4.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E Media Holdings stock overvalued right now?
Based on GuruFocus' analysis, E Media Holdings (JSE:EMH) is currently considered Modestly Undervalued. The stock's GF Value™ is R2.36, compared to a current price of R2.09 — trading 11.4% below its estimated fair value. The current Return-on-Tangible-Asset is 6.66%, which is 41% above median its 10-year median of 4.73 and 702.4% above the Media - Diversified industry median of 0.83. E Media Holdings' overall GF Score™ is 58/100 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 E Media Holdings (JSE:EMH), the current Return-on-Tangible-Asset is 6.66% 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 E Media Holdings (JSE:EMH) Overvalued in 2026?
Based on GuruFocus' analysis, E Media Holdings stock appears to be undervalued.
The current stock price of R2.09 is trading 11.4% below its estimated GF Value™ of R2.36.
GuruFocus considers E Media Holdings to be Modestly Undervalued.
Key valuation signals for JSE:EMH:
Return-on-Tangible-Asset: 6.66% (41% above median its 10-year median of 4.73)
GF Value™: R2.36 vs. price of R2.09 (11.4% below fair value)
Industry Position: 702.4% above the Media - Diversified median (#232 of 1030)
No single metric tells the full story. See the JSE:EMH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
E Media Holdings Ltd is a South Africa-based investment holding company. Through its subsidiaries, it is predominantly engaged in the media and entertainment business. The company product portfolio includes products and services like E.TV a free-to-air commercial television channel; eNCA, a 24-hour news channel; OpenView HD and YFM, a radio station that targets the youth market, and others. In addition, the company also provides property and facilities services, including broadcast and television studios, post-production facilities, equipment rental, and sales; as well as holds investments in the television broadcasting and content creation sectors. A majority of its revenue is earned from the South African market.
58GF Score
Get the complete analysis for JSE:EMH
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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