Rizap Group (SSE:2928) Return-on-Tangible-Asset: 7.98% (As of Mar. 2026) — 1406% Above Median

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SSE:2928 Rizap Group SSE:2928
53 GF Score
Price 円182.00
GF Value 円222.74
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Rizap Group Return-on-Tangible-Asset?

Rizap Group SSE:2928 53 Return-on-Tangible-Asset is 7.98% as of Mar. 2026, which is 1406% above its 10-year median of 0.53. GuruFocus rates SSE:2928 with a GF Score™ of 53/100 and a GF Value™ of 円222.74 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,137 Retail - Cyclical companies, Rizap Group ranks worse than 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. Rizap Group's annualized Net Income for the quarter that ended in Mar. 2026 was 円12,736 Mil. Rizap Group's average total tangible assets for the quarter that ended in Mar. 2026 was 円159,573 Mil. Therefore, Rizap Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.98%.

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

SSE:2928' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -11.53   Med: 0.53   Max: 11.23
Current: 0.91

During the past 13 years, Rizap Group's highest Return-on-Tangible-Asset was 11.23%. The lowest was -11.53%. And the median was 0.53%.

SSE:2928's Return-on-Tangible-Asset is ranked worse than
65% of 1137 companies
in the Retail - Cyclical industry
Industry Median: 2.93 vs SSE:2928: 0.91

Rizap Group  (SSE:2928) 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.


Rizap Group Return-on-Tangible-Asset Related Terms


Rizap Group Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Rizap Group'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.

Rizap Group Return-on-Tangible-Asset Chart

Rizap Group 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 1.46 -9.26 -2.95 0.17 0.89

Rizap Group 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 7.59 -14.88 4.43 6.26 7.98

SSE:2928 vs CASY, WSM, ULTA: Return-on-Tangible-Asset Comparison

For the Specialty Retail subindustry, Rizap Group'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.


Rizap Group Return-on-Tangible-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rizap Group's Return-on-Tangible-Asset distribution charts can be found below:

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


SSE:2928
53GF Score
Rizap Group SSE:2928
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rizap Group Return-on-Tangible-Asset Calculation

Rizap Group'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 )
=1440/( (164598+158175)/ 2 )
=1440/161386.5
=0.89 %

Rizap Group'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 )
=12736/( (160971+158175)/ 2 )
=12736/159573
=7.98 %

* 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 7.98% mean?
Rizap Group (SSE:2928) has a Return-on-Tangible-Asset of 7.98% 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 Rizap Group and its competitors. This is 1406% above median its historical median of 0.53. According to the industry distribution chart, Rizap Group ranks #739 out of 1137 companies in the Retail - Cyclical industry, placing it in the top 65%.
Is Rizap Group's Return-on-Tangible-Asset too high?
Rizap Group's current Return-on-Tangible-Asset of 7.98% is 1406% above median its 10-year median of 0.53. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.93. Rizap Group's value of 7.98% is 172.4% above this industry median. Based on the distribution chart, Rizap Group ranks #739 out of 1137 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Rizap Group has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rizap Group's Return-on-Tangible-Asset compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Rizap Group ranks #739 out of 1137 companies for Return-on-Tangible-Asset. This places Rizap Group in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.93. Rizap Group's value of 7.98% is 172.4% above this benchmark. While the company's 10-year median is 0.53 vs. the industry median of 2.93, Rizap Group 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 Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 2.93, based on 1,137 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. Rizap Group's current Return-on-Tangible-Asset of 7.98% is 172.4% 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 Rizap Group and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rizap Group's current Return-on-Tangible-Asset is 7.98%, which is 1406% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rizap Group stock overvalued right now?
Based on GuruFocus' analysis, Rizap Group (SSE:2928) is currently considered Modestly Undervalued. The stock's GF Value™ is 円222.74, compared to a current price of 円182.00 — trading 18.3% below its estimated fair value. The current Return-on-Tangible-Asset is 7.98%, which is 1406% above median its 10-year median of 0.53 and 172.4% above the Retail - Cyclical industry median of 2.93. Rizap Group's overall GF Score™ is 53/100 with 4 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 Rizap Group (SSE:2928), the current Return-on-Tangible-Asset is 7.98% 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 Rizap Group (SSE:2928) Overvalued in 2026?

Based on GuruFocus' analysis, Rizap Group stock appears to be undervalued. The current stock price of 円182.00 is trading 18.3% below its estimated GF Value™ of 円222.74. GuruFocus considers Rizap Group to be Modestly Undervalued.

Key valuation signals for SSE:2928:

  • Return-on-Tangible-Asset: 7.98% (1406% above median its 10-year median of 0.53)
  • GF Value™: 円222.74 vs. price of 円182.00 (18.3% below fair value)
  • GF Score™: 53/100 with 4 warning signs
  • Industry Position: 172.4% above the Retail - Cyclical median (#739 of 1137)

No single metric tells the full story. See the SSE:2928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rizap Group Business Description

Address Kitashinjuku 2-21-1, Shinjuku Front Tower, 31st Floor, Shinjuku-ku, Yubinbango, Tokyo, JPN, 169-0074
Rizap Group is engaged in health and fitness. The Company sells its beauty and health products through mail order. The company manufactures and sales of beauty related products, health foods, Apparel, interior goods. Its other business includes Housing new construction, renovation, Mega solar business, and entertainment business. Its products include mud Awawa, RIZAP Golf, among others.
53GF Score

Get the complete analysis for SSE:2928

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

円182.00
Price
円222.74
GF Value