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Sun InternationalJSE:SUI -1.84%75 Return-on-Tangible-Asset is 13.78% as of Dec. 2025, which is 424% above its 10-year median of 2.63. GuruFocus rates JSE:SUI with a GF Score™ of 75/100 and a GF Value™ of R45.24 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 855 Travel & Leisure companies, Sun International ranks better than 89.36% 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. Sun International's annualizedNet Income for the quarter that ended in Dec. 2025 was R1,742 Mil. Sun International's average total tangible assets for the quarter that ended in Dec. 2025 was R12,640 Mil. Therefore, Sun International's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 13.78%.
The historical rank and industry rank for Sun International's Return-on-Tangible-Asset or its related term are showing as below:
JSE:SUI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -10.98 Med: 2.63 Max: 14.61
Current: 12.77
During the past 13 years, Sun International's highest Return-on-Tangible-Asset was 14.61%. The lowest was -10.98%. And the median was 2.63%.
JSE:SUI's Return-on-Tangible-Asset is ranked better than 89.36% of 855
companies
in the Travel & Leisure industry
Industry Median: 2.73
vs JSE:SUI: 12.77
Sun International (JSE:SUI) 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.
Sun International Return-on-Tangible-Asset Related Terms
Sun International Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sun International'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:SUI vs LVS, MGM, WYNN: Return-on-Tangible-Asset Comparison
For the Resorts & Casinos subindustry, Sun International'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.
Sun International Return-on-Tangible-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Sun International's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sun International'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 13.78% mean?
Sun International (JSE:SUI) has a Return-on-Tangible-Asset of 13.78% 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 Sun International and its competitors. This is 424% above median its historical median of 2.63. According to the industry distribution chart, Sun International ranks #91 out of 855 companies in the Travel & Leisure industry, placing it in the top 10.6%.
Is Sun International's Return-on-Tangible-Asset too high?
Sun International's current Return-on-Tangible-Asset of 13.78% is 424% above median its 10-year median of 2.63. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.73. Sun International's value of 13.78% is 404.8% above this industry median. Based on the distribution chart, Sun International ranks #91 out of 855 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Sun International has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sun International's Return-on-Tangible-Asset compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Sun International ranks #91 out of 855 companies for Return-on-Tangible-Asset. This places Sun International in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.73. Sun International's value of 13.78% is 404.8% above this benchmark. While the company's 10-year median is 2.63 vs. the industry median of 2.73, Sun International 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.73, based on 855 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. Sun International's current Return-on-Tangible-Asset of 13.78% is 404.8% 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 Sun International and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sun International's current Return-on-Tangible-Asset is 13.78%, which is 424% above median its own 10-year median of 2.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun International stock overvalued right now?
Based on GuruFocus' analysis, Sun International (JSE:SUI) is currently considered Modestly Overvalued. The stock's GF Value™ is R45.24, compared to a current price of R50.06 — trading 10.7% above its estimated fair value. The current Return-on-Tangible-Asset is 13.78%, which is 424% above median its 10-year median of 2.63 and 404.8% above the Travel & Leisure industry median of 2.73. Sun International's overall GF Score™ is 75/100 with 8 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 Sun International (JSE:SUI), the current Return-on-Tangible-Asset is 13.78% 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 Sun International (JSE:SUI) Overvalued in 2026?
Based on GuruFocus' analysis, Sun International stock appears to be overvalued.
The current stock price of R50.06 is trading 10.7% above its estimated GF Value™ of R45.24.
GuruFocus considers Sun International to be Modestly Overvalued.
Key valuation signals for JSE:SUI:
Return-on-Tangible-Asset: 13.78% (424% above median its 10-year median of 2.63)
GF Value™: R45.24 vs. price of R50.06 (10.7% above fair value)
Industry Position: 404.8% above the Travel & Leisure median (#91 of 855)
No single metric tells the full story. See the JSE:SUI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sun International Ltd is mainly engaged in the development of integrated gaming, hospitality, and leisure destinations in South Africa. Its assets include urban casinos, an online betting business, limited payout machines (LPMs), and hotels and resorts, which offer adventures in luxury destinations that are complemented by personal service. Some of the company's casinos, resorts, and hotels are GrandWest, Sun Time Square, Sun Time Square, Wild Coast Sun, The Table Bay Hotel, and Sun City, among others. Its operating segments are: Urban Casinos, which generate maximum revenue, Resorts and Hotels, Sun Slots group, and Sunbet group.
75GF Score
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