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SoftBankSFBQF +1.95%77 Return-on-Tangible-Asset is 1.90% as of Mar. 2026, which is 68% below its 10-year median of 5.88. GuruFocus rates SFBQF with a GF Score™ of 77/100 and a GF Value™ of $1.36 (Fairly Valued). The stock has 7 warning signs investors should review. Among 365 Telecommunication Services companies, SoftBank ranks better than 55.07% 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. SoftBank's annualizedNet Income for the quarter that ended in Mar. 2026 was $1,644 Mil. SoftBank's average total tangible assets for the quarter that ended in Mar. 2026 was $86,460 Mil. Therefore, SoftBank's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.90%.
The historical rank and industry rank for SoftBank's Return-on-Tangible-Asset or its related term are showing as below:
SFBQF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.31 Med: 5.88 Max: 11.32
Current: 4.31
During the past 12 years, SoftBank's highest Return-on-Tangible-Asset was 11.32%. The lowest was 4.31%. And the median was 5.88%.
SFBQF's Return-on-Tangible-Asset is ranked better than 55.07% of 365
companies
in the Telecommunication Services industry
Industry Median: 3.43
vs SFBQF: 4.31
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.
SoftBank Return-on-Tangible-Asset Related Terms
SoftBank Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for SoftBank'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.
SFBQF vs TMUS, VZ, T: Return-on-Tangible-Asset Comparison
For the Telecom Services subindustry, SoftBank'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.
SoftBank Return-on-Tangible-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, SoftBank's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where SoftBank'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 1.90% mean?
SoftBank (SFBQF) has a Return-on-Tangible-Asset of 1.90% 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 SoftBank and its competitors. This is 68% below median its historical median of 5.88. Over the past decade, SoftBank's Return-on-Tangible-Asset has ranged from 4.31 to 11.32. According to the industry distribution chart, SoftBank ranks #164 out of 365 companies in the Telecommunication Services industry, placing it in the top 44.9%.
Is SoftBank's Return-on-Tangible-Asset too high?
SoftBank's current Return-on-Tangible-Asset of 1.90% is 68% below median its 10-year median of 5.88. Over the past 10 years, this metric has ranged from a low of 4.31 to a high of 11.32. The Telecommunication Services industry median Return-on-Tangible-Asset is 3.43. SoftBank's value of 1.90% is 44.6% below this industry median. Based on the distribution chart, SoftBank ranks #164 out of 365 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, SoftBank has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SoftBank's Return-on-Tangible-Asset compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, SoftBank ranks #164 out of 365 companies for Return-on-Tangible-Asset. This puts SoftBank in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.43. SoftBank's value of 1.90% is 44.6% below this benchmark. Historically, SoftBank's own Return-on-Tangible-Asset has ranged from 4.31 to 11.32 over the past decade. While the company's 10-year median is 5.88 vs. the industry median of 3.43, SoftBank 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 Telecommunication Services company?
The median Return-on-Tangible-Asset among Telecommunication Services companies is 3.43, based on 365 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. SoftBank's current Return-on-Tangible-Asset of 1.90% is 44.6% 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 SoftBank and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Asset is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SoftBank's current Return-on-Tangible-Asset is 1.90%, which is 68% below median its own 10-year median of 5.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SoftBank stock overvalued right now?
Based on GuruFocus' analysis, SoftBank (SFBQF) is currently considered Fairly Valued. The stock's GF Value™ is $1.36, compared to a current price of $1.31 — trading 4% below its estimated fair value. The current Return-on-Tangible-Asset is 1.90%, which is 68% below median its 10-year median of 5.88 and 44.6% below the Telecommunication Services industry median of 3.43. SoftBank's overall GF Score™ is 77/100 with 7 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 SoftBank (SFBQF), the current Return-on-Tangible-Asset is 1.90% 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 SoftBank (SFBQF) Overvalued in 2026?
Based on GuruFocus' analysis, SoftBank stock appears to be undervalued.
The current stock price of $1.31 is trading 4% below its estimated GF Value™ of $1.36.
GuruFocus considers SoftBank to be Fairly Valued.
Key valuation signals for SFBQF:
Return-on-Tangible-Asset: 1.90% (68% below median its 10-year median of 5.88)
GF Value™: $1.36 vs. price of $1.31 (4% below fair value)
Industry Position: 44.6% below the Telecommunication Services median (#164 of 365)
No single metric tells the full story. See the SFBQF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SoftBank is an established, telecommunications services provider in Japan owning a mobile network with around 50 million mobile customers and 24% market share. It also provides some fixed line services, which are mostly resold so are low margin. The company also owns 32.4% of LY Corp, and SoftBank and LY Corp each own 32% of PayPay so SoftBank consolidates PayPay. SoftBank Group sold 33.5% of SoftBank Corp in an IPO in 2018 and has since sold down further to a 40% holding.
77GF Score
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