SMN (SMNOF) Return-on-Tangible-Asset: 12.19% (As of Mar. 2026) — 76% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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.

SMNOF SMN Corp SMNOF
63 GF Score
Price $2.97
GF Value $3.41
! 2 Warning Signs
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What is SMN Return-on-Tangible-Asset?

SMN SMNOF 63 Return-on-Tangible-Asset is 12.19% as of Mar. 2026, which is 76% above its 10-year median of 6.94. GuruFocus rates SMNOF with a GF Score™ of 63/100 and a GF Value™ of $3.41. The stock has 2 warning signs investors should review. Among 1,029 Media - Diversified companies, SMN ranks better than 84.65% 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. SMN's annualized Net Income for the quarter that ended in Mar. 2026 was $3.96 Mil. SMN's average total tangible assets for the quarter that ended in Mar. 2026 was $32.49 Mil. Therefore, SMN's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 12.19%.

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

SMNOF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -19.3   Med: 6.94   Max: 17.67
Current: 8.82

During the past 12 years, SMN's highest Return-on-Tangible-Asset was 17.67%. The lowest was -19.30%. And the median was 6.94%.

SMNOF's Return-on-Tangible-Asset is ranked better than
84.65% of 1029 companies
in the Media - Diversified industry
Industry Median: 0.82 vs SMNOF: 8.82

SMN  (OTCPK:SMNOF) 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.


SMN Return-on-Tangible-Asset Related Terms


SMN Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for SMN'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.

SMN Return-on-Tangible-Asset Chart

SMN 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 -4.20 -2.05 -18.20 5.79 8.23

SMN Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -29.45 -2.48 14.89 5.19 12.19

SMNOF vs APP, OMC, TTD: Return-on-Tangible-Asset Comparison

For the Advertising Agencies subindustry, SMN'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.


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

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

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


SMNOF
63GF Score
SMN Corp SMNOF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SMN Return-on-Tangible-Asset Calculation

SMN'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 )
=2.741/( (32.247+34.376)/ 2 )
=2.741/33.3115
=8.23 %

SMN'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: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=3.962/( (30.607+34.376)/ 2 )
=3.962/32.4915
=12.19 %

* 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 (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 12.19% mean?
SMN (SMNOF) has a Return-on-Tangible-Asset of 12.19% 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 SMN and its competitors. This is 76% above median its historical median of 6.94. According to the industry distribution chart, SMN ranks #158 out of 1029 companies in the Media - Diversified industry, placing it in the top 15.4%.
Is SMN's Return-on-Tangible-Asset too high?
SMN's current Return-on-Tangible-Asset of 12.19% is 76% above median its 10-year median of 6.94. The Media - Diversified industry median Return-on-Tangible-Asset is 0.82. SMN's value of 12.19% is 1386.6% above this industry median. Based on the distribution chart, SMN ranks #158 out of 1029 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, SMN has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does SMN's Return-on-Tangible-Asset compare to APP and OMC?
According to the Media - Diversified industry distribution chart, SMN ranks #158 out of 1029 companies for Return-on-Tangible-Asset. This places SMN in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.82. SMN's value of 12.19% is 1386.6% above this benchmark. While the company's 10-year median is 6.94 vs. the industry median of 0.82, SMN 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 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. SMN's current Return-on-Tangible-Asset of 12.19% is 1386.6% 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 SMN 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. SMN's current Return-on-Tangible-Asset is 12.19%, which is 76% above median its own 10-year median of 6.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMN stock overvalued right now?
SMN (SMNOF) has a current Return-on-Tangible-Asset of 12.19%. The stock's GF Value™ is $3.41, compared to a current price of $2.97 — trading 12.9% below its estimated fair value. The current Return-on-Tangible-Asset is 12.19%, which is 76% above median its 10-year median of 6.94 and 1386.6% above the Media - Diversified industry median of 0.82. SMN's overall GF Score™ is 63/100 with 2 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 SMN (SMNOF), the current Return-on-Tangible-Asset is 12.19% 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 SMN (SMNOF) Overvalued in 2026?

Based on GuruFocus' analysis, SMN stock appears to be undervalued. The current stock price of $2.97 is trading 12.9% below its estimated GF Value™ of $3.41.

Key valuation signals for SMNOF:

  • Return-on-Tangible-Asset: 12.19% (76% above median its 10-year median of 6.94)
  • GF Value™: $3.41 vs. price of $2.97 (12.9% below fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 1386.6% above the Media - Diversified median (#158 of 1029)

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


SMN Business Description

Other Exchanges 6185:Japan
Address 2-11-1 Osaki, Shinagawa-ku, Tokyo Osaki with Tower 12th floor, Tokyo, JPN, 141-0032
SMN Corp operates and develops marketing technology business and provides advertisements and media planning service. Its main services include Ad Technology, Marketing Dolutions and Other Business. The Ad Technology offers marketing solutions through its following products: VALIS-Engine, Logicad and VALIS-cockpit.
63GF Score

Get the complete analysis for SMNOF

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

$2.97
Price
$3.41
GF Value