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Resona HoldingsRSNHF -4.73%54 Return-on-Tangible-Asset is 0.19% as of Mar. 2026, which is 30% below its 10-year median of 0.27. GuruFocus rates RSNHF with a GF Score™ of 54/100 and a GF Value™ of $9.16 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,527 Banks companies, Resona Holdings ranks worse than 85.59% 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. Resona Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was $922 Mil. Resona Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was $488,864 Mil. Therefore, Resona Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.19%.
The historical rank and industry rank for Resona Holdings's Return-on-Tangible-Asset or its related term are showing as below:
RSNHF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.14 Med: 0.27 Max: 0.48
Current: 0.34
During the past 13 years, Resona Holdings's highest Return-on-Tangible-Asset was 0.48%. The lowest was 0.14%. And the median was 0.27%.
RSNHF's Return-on-Tangible-Asset is ranked worse than 85.59% of 1527
companies
in the Banks industry
Industry Median: 0.99
vs RSNHF: 0.34
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.
Resona Holdings Return-on-Tangible-Asset Related Terms
Resona Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Resona 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.
For the Banks - Regional subindustry, Resona 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.
Resona Holdings Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, Resona Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Resona 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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 0.19% mean?
Resona Holdings (RSNHF) has a Return-on-Tangible-Asset of 0.19% 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 Resona Holdings and its competitors. This is 30% below median its historical median of 0.27. Over the past decade, Resona Holdings' Return-on-Tangible-Asset has ranged from 0.14 to 0.48. According to the industry distribution chart, Resona Holdings ranks #1307 out of 1527 companies in the Banks industry, placing it in the top 85.6%.
Is Resona Holdings' Return-on-Tangible-Asset too high?
Resona Holdings' current Return-on-Tangible-Asset of 0.19% is 30% below median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.48. The Banks industry median Return-on-Tangible-Asset is 0.99. Resona Holdings' value of 0.19% is 80.8% below this industry median. Based on the distribution chart, Resona Holdings ranks #1307 out of 1527 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Resona Holdings has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Resona Holdings' Return-on-Tangible-Asset compare to competitors?
According to the Banks industry distribution chart, Resona Holdings ranks #1307 out of 1527 companies for Return-on-Tangible-Asset. This places Resona Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 0.99. Resona Holdings' value of 0.19% is 80.8% below this benchmark. Historically, Resona Holdings' own Return-on-Tangible-Asset has ranged from 0.14 to 0.48 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.99, Resona Holdings has consistently been below 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 Banks company?
The median Return-on-Tangible-Asset among Banks companies is 0.99, based on 1,527 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. Resona Holdings's current Return-on-Tangible-Asset of 0.19% is 80.8% below 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 Resona Holdings and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Resona Holdings's current Return-on-Tangible-Asset is 0.19%, which is 30% below median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Resona Holdings stock overvalued right now?
Based on GuruFocus' analysis, Resona Holdings (RSNHF) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.16, compared to a current price of $14.47 — trading 58% above its estimated fair value. The current Return-on-Tangible-Asset is 0.19%, which is 30% below median its 10-year median of 0.27 and 80.8% below the Banks industry median of 0.99. Resona Holdings' overall GF Score™ is 54/100 with 6 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 Resona Holdings (RSNHF), the current Return-on-Tangible-Asset is 0.19% 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 Resona Holdings (RSNHF) Overvalued in 2026?
Based on GuruFocus' analysis, Resona Holdings stock appears to be overvalued.
The current stock price of $14.47 is trading 58% above its estimated GF Value™ of $9.16.
GuruFocus considers Resona Holdings to be Significantly Overvalued.
Key valuation signals for RSNHF:
Return-on-Tangible-Asset: 0.19% (30% below median its 10-year median of 0.27)
GF Value™: $9.16 vs. price of $14.47 (58% above fair value)
Industry Position: 80.8% below the Banks median (#1307 of 1527)
No single metric tells the full story. See the RSNHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Resona Holdings is one of the top six Japanese banking groups by assets. Although its banking units are categorized in Japan as "city" banks for historical reasons, it is only around a third of the size of the three megabank groups and effectively a superregional bank operating mainly in the Kansai region (54% of its branches) and the Tokyo metropolitan area (43% of branches), with a strong focus on retail and small and medium-size enterprises, rather than lending to large corporates.
54GF Score
Get the complete analysis for RSNHF
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