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Stadio HoldingsJSE:SDO -1.53%79 Return-on-Tangible-Asset is 17.24% as of Dec. 2025, which is 101% above its 10-year median of 8.58. GuruFocus rates JSE:SDO with a GF Score™ of 79/100 and a GF Value™ of R8.07 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 264 Education companies, Stadio Holdings ranks better than 90.91% 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. Stadio Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was R302 Mil. Stadio Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was R1,751 Mil. Therefore, Stadio Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 17.24%.
The historical rank and industry rank for Stadio Holdings's Return-on-Tangible-Asset or its related term are showing as below:
JSE:SDO'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -10.54 Med: 8.58 Max: 20.49
Current: 19.78
During the past 12 years, Stadio Holdings's highest Return-on-Tangible-Asset was 20.49%. The lowest was -10.54%. And the median was 8.58%.
JSE:SDO's Return-on-Tangible-Asset is ranked better than 90.91% of 264
companies
in the Education industry
Industry Median: 4.47
vs JSE:SDO: 19.78
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.
Stadio Holdings Return-on-Tangible-Asset Related Terms
Stadio Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Stadio 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:SDO vs EDU, TAL, LAUR: Return-on-Tangible-Asset Comparison
For the Education & Training Services subindustry, Stadio 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.
Stadio Holdings Return-on-Tangible-Asset vs Education Industry
For the Education industry and Consumer Defensive sector, Stadio Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Stadio 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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 17.24% mean?
Stadio Holdings (JSE:SDO) has a Return-on-Tangible-Asset of 17.24% 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 Stadio Holdings and its competitors. This is 101% above median its historical median of 8.58. According to the industry distribution chart, Stadio Holdings ranks #24 out of 264 companies in the Education industry, placing it in the top 9.1%.
Is Stadio Holdings' Return-on-Tangible-Asset too high?
Stadio Holdings' current Return-on-Tangible-Asset of 17.24% is 101% above median its 10-year median of 8.58. The Education industry median Return-on-Tangible-Asset is 4.47. Stadio Holdings' value of 17.24% is 285.7% above this industry median. Based on the distribution chart, Stadio Holdings ranks #24 out of 264 companies in the Education industry, which is in the top quartile — a strong position relative to peers. Overall, Stadio Holdings has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Stadio Holdings' Return-on-Tangible-Asset compare to EDU and TAL?
According to the Education industry distribution chart, Stadio Holdings ranks #24 out of 264 companies for Return-on-Tangible-Asset. This places Stadio Holdings in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.47. Stadio Holdings' value of 17.24% is 285.7% above this benchmark. While the company's 10-year median is 8.58 vs. the industry median of 4.47, Stadio 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 an Education company?
The median Return-on-Tangible-Asset among Education companies is 4.47, based on 264 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. Stadio Holdings's current Return-on-Tangible-Asset of 17.24% is 285.7% 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 Stadio Holdings and its competitors. For the Education industry, the median Return-on-Tangible-Asset is 4.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stadio Holdings's current Return-on-Tangible-Asset is 17.24%, which is 101% above median its own 10-year median of 8.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stadio Holdings stock overvalued right now?
Based on GuruFocus' analysis, Stadio Holdings (JSE:SDO) is currently considered Significantly Overvalued. The stock's GF Value™ is R8.07, compared to a current price of R12.90 — trading 59.9% above its estimated fair value. The current Return-on-Tangible-Asset is 17.24%, which is 101% above median its 10-year median of 8.58 and 285.7% above the Education industry median of 4.47. Stadio Holdings' overall GF Score™ is 79/100 with 3 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 Stadio Holdings (JSE:SDO), the current Return-on-Tangible-Asset is 17.24% 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 Stadio Holdings (JSE:SDO) Overvalued in 2026?
Based on GuruFocus' analysis, Stadio Holdings stock appears to be overvalued.
The current stock price of R12.90 is trading 59.9% above its estimated GF Value™ of R8.07.
GuruFocus considers Stadio Holdings to be Significantly Overvalued.
Key valuation signals for JSE:SDO:
Return-on-Tangible-Asset: 17.24% (101% above median its 10-year median of 8.58)
GF Value™: R8.07 vs. price of R12.90 (59.9% above fair value)
Industry Position: 285.7% above the Education median (#24 of 264)
No single metric tells the full story. See the JSE:SDO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Stadio Holdings Ltd facilitates the widening of access to quality and relevant higher education programmes in Southern Africa through its three prestigious higher education institutions, namely STADIO Higher Education, AFDA and Milpark Education. The institutions offer a diverse range of undergraduate and postgraduate programmes via the contact learning and distance learning modes of delivery. Geographically it operates in South Africa and Namibia with the majority of the revenue deriving from South Africa.
79GF Score
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