SEAT (Vivid Seats) Return-on-Tangible-Asset: -24.03% (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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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.

SEAT Vivid Seats Inc SEAT
56 GF Score
Price $6.98
GF Value $4.10
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Vivid Seats Return-on-Tangible-Asset?

Vivid Seats SEAT 56 Return-on-Tangible-Asset is -24.03% as of Mar. 2026. GuruFocus rates SEAT with a GF Score™ of 56/100 and a GF Value™ of $4.10 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 569 Interactive Media companies, Vivid Seats ranks worse than 92.62% 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. Vivid Seats's annualized Net Income for the quarter that ended in Mar. 2026 was $-58.5 Mil. Vivid Seats's average total tangible assets for the quarter that ended in Mar. 2026 was $243.6 Mil. Therefore, Vivid Seats's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -24.03%.

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

SEAT' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -284.18   Med: -3.16   Max: 20.83
Current: -146.95

During the past 7 years, Vivid Seats's highest Return-on-Tangible-Asset was 20.83%. The lowest was -284.18%. And the median was -3.16%.

SEAT's Return-on-Tangible-Asset is ranked worse than
92.62% of 569 companies
in the Interactive Media industry
Industry Median: 0.69 vs SEAT: -146.95

Vivid Seats  (NAS:SEAT) 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.


Vivid Seats Return-on-Tangible-Asset Related Terms


Vivid Seats Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Vivid Seats'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.

Vivid Seats Return-on-Tangible-Asset Chart

Vivid Seats Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial -3.16 5.93 20.83 2.29 -127.90

Vivid Seats 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 -5.33 -152.26 -11.95 -457.91 -24.03

SEAT vs MSEZ, BODI, IZEA: Return-on-Tangible-Asset Comparison

For the Internet Content & Information subindustry, Vivid Seats'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.


Vivid Seats Return-on-Tangible-Asset vs Interactive Media Industry

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

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


SEAT
56GF Score
Vivid Seats Inc SEAT
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vivid Seats Return-on-Tangible-Asset Calculation

Vivid Seats's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-429.301/( (459.861+211.423)/ 2 )
=-429.301/335.642
=-127.90 %

Vivid Seats'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 )
=-58.524/( (211.423+275.69)/ 2 )
=-58.524/243.5565
=-24.03 %

* 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 -24.03% mean?
Vivid Seats (SEAT) has a Return-on-Tangible-Asset of -24.03% 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 Vivid Seats and its competitors. According to the industry distribution chart, Vivid Seats ranks #527 out of 569 companies in the Interactive Media industry, placing it in the top 92.6%.
Is Vivid Seats' Return-on-Tangible-Asset too high?
Vivid Seats' current Return-on-Tangible-Asset is -24.03%. Based on the distribution chart, Vivid Seats ranks #527 out of 569 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Vivid Seats has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vivid Seats' Return-on-Tangible-Asset compare to MSEZ and BODI?
According to the Interactive Media industry distribution chart, Vivid Seats ranks #527 out of 569 companies for Return-on-Tangible-Asset. This places Vivid Seats in the lower half of its industry. The industry median Return-on-Tangible-Asset is 0.69. 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 Interactive Media company?
The median Return-on-Tangible-Asset among Interactive Media companies is 0.69, based on 569 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 Vivid Seats and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Asset is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vivid Seats's current Return-on-Tangible-Asset is -24.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vivid Seats stock overvalued right now?
Based on GuruFocus' analysis, Vivid Seats (SEAT) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.10, compared to a current price of $6.98 — trading 70.2% above its estimated fair value. The current Return-on-Tangible-Asset is -24.03%. Vivid Seats' overall GF Score™ is 56/100 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 Vivid Seats (SEAT), the current Return-on-Tangible-Asset is -24.03% 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 Vivid Seats (SEAT) Overvalued in 2026?

Based on GuruFocus' analysis, Vivid Seats stock appears to be overvalued. The current stock price of $6.98 is trading 70.2% above its estimated GF Value™ of $4.10. GuruFocus considers Vivid Seats to be Significantly Overvalued.

Key valuation signals for SEAT:

  • Return-on-Tangible-Asset: -24.03%
  • GF Value™: $4.10 vs. price of $6.98 (70.2% above fair value)
  • GF Score™: 56/100 with 6 warning signs

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


Vivid Seats Business Description

Address 24 E. Washington Street, Suite 900, Chicago, IL, USA, 60602
Vivid Seats Inc is an online ticket marketplace for connecting fans to live events and artists. It is the official ticketing partner of brands in the entertainment industry, providing tickets for sports, concerts, theatres, and comedy events in the United States, Canada, and Japan. It operates in two segments: Marketplace, which generates maximum revenue, and Resale. The Marketplace segment acts as an intermediary between ticket buyers, sellers, and partners, earning revenue from processing ticket sales for live events and facilitating the booking of hotel rooms and packages on websites and mobile applications. The Resale segment acquires tickets to resell on secondary ticket marketplaces, including its own, and offers internal research and development support for Skybox.
56GF Score

Get the complete analysis for SEAT

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

$6.98
Price
$4.10
GF Value