KDKWF (Kadokawa) Return-on-Tangible-Asset: -1.00% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KDKWF Kadokawa Corp KDKWF
77 GF Score
Price $19.82
GF Value $16.55
! 8 Warning Signs
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What is Kadokawa Return-on-Tangible-Asset?

Kadokawa KDKWF 77 Return-on-Tangible-Asset is -1.00% as of Mar. 2026. GuruFocus rates KDKWF with a GF Score™ of 77/100 and a GF Value™ of $16.55. The stock has 8 warning signs investors should review. Among 1,029 Media - Diversified companies, Kadokawa ranks worse than 52.96% 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. Kadokawa's annualized Net Income for the quarter that ended in Mar. 2026 was $-24 Mil. Kadokawa's average total tangible assets for the quarter that ended in Mar. 2026 was $2,362 Mil. Therefore, Kadokawa's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -1.00%.

The historical rank and industry rank for Kadokawa's Return-on-Tangible-Asset or its related term are showing as below:

KDKWF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.76   Med: 2.96   Max: 4.85
Current: 0.34

During the past 12 years, Kadokawa's highest Return-on-Tangible-Asset was 4.85%. The lowest was -1.76%. And the median was 2.96%.

KDKWF's Return-on-Tangible-Asset is ranked worse than
52.96% of 1029 companies
in the Media - Diversified industry
Industry Median: 0.82 vs KDKWF: 0.34

Kadokawa  (OTCPK:KDKWF) 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 company’s 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 company’s 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.


Kadokawa Return-on-Tangible-Asset Related Terms


Kadokawa Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Kadokawa'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.

Kadokawa Return-on-Tangible-Asset Chart

Kadokawa Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.66 3.46 3.05 2.07 0.33

Kadokawa Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 3.03 -1.46 0.76 -1.00

KDKWF vs NYT, WLY: Return-on-Tangible-Asset Comparison

For the Publishing subindustry, Kadokawa'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.


Kadokawa Return-on-Tangible-Asset vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Kadokawa's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Kadokawa's Return-on-Tangible-Asset falls into.


KDKWF
77GF Score
Kadokawa Corp KDKWF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kadokawa Return-on-Tangible-Asset Calculation

Kadokawa's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=8.054/( (2613.251+2340.791)/ 2 )
=8.054/2477.021
=0.33 %

Kadokawa's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-23.52/( (2383.959+2340.791)/ 2 )
=-23.52/2362.375
=-1.00 %

* 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 -1.00% mean?
Kadokawa (KDKWF) has a Return-on-Tangible-Asset of -1.00% 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 Kadokawa and its competitors. According to the industry distribution chart, Kadokawa ranks #545 out of 1029 companies in the Media - Diversified industry, placing it in the top 53%.
Is Kadokawa's Return-on-Tangible-Asset too high?
Kadokawa's current Return-on-Tangible-Asset is -1.00%. Based on the distribution chart, Kadokawa ranks #545 out of 1029 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Kadokawa has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Kadokawa's Return-on-Tangible-Asset compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Kadokawa ranks #545 out of 1029 companies for Return-on-Tangible-Asset. This places Kadokawa in the lower half of its industry. The industry median Return-on-Tangible-Asset is 0.82. 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 0.82, based on 1,029 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. 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 Kadokawa and its competitors. For the Media - Diversified 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. Kadokawa's current Return-on-Tangible-Asset is -1.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kadokawa stock overvalued right now?
Kadokawa (KDKWF) has a current Return-on-Tangible-Asset of -1.00%. The stock's GF Value™ is $16.55, compared to a current price of $19.82 — trading 19.8% above its estimated fair value. The current Return-on-Tangible-Asset is -1.00%. Kadokawa's overall GF Score™ is 77/100 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 Kadokawa (KDKWF), the current Return-on-Tangible-Asset is -1.00% 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 Kadokawa (KDKWF) Overvalued in 2026?

Based on GuruFocus' analysis, Kadokawa stock appears to be overvalued. The current stock price of $19.82 is trading 19.8% above its estimated GF Value™ of $16.55.

Key valuation signals for KDKWF:

  • Return-on-Tangible-Asset: -1.00%
  • GF Value™: $16.55 vs. price of $19.82 (19.8% above fair value)
  • GF Score™: 77/100 with 8 warning signs

No single metric tells the full story. See the KDKWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kadokawa Business Description

Other Exchanges 9468:Japan
Address 2-13-3 Fujimi, Chiyoda-ku, Tokyo, JPN, 102-8177
Kadokawa Corp is a Japan based publisher and digital content platform provider. It is involved in various businesses such as publishing, film, publishing rights, digital contents, planning, development and operation of network entertainment service, and contents and operation of video- sharing website.
77GF Score

Get the complete analysis for KDKWF

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$19.82
Price
$16.55
GF Value