STHO (Star Holdings) Return-on-Tangible-Asset: 33.55% (As of Jun. 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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

STHO Star Holdings STHO
48 GF Score
Price $9.85
GF Value $6.60
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Star Holdings Return-on-Tangible-Asset?

Star Holdings STHO -0.20% 48 Return-on-Tangible-Asset is 33.55% as of Jun. 2026. GuruFocus rates STHO with a GF Score™ of 48/100 and a GF Value™ of $6.60 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,797 Real Estate companies, Star Holdings ranks better than 57.32% 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. Star Holdings's annualized Net Income for the quarter that ended in Jun. 2026 was $165.79 Mil. Star Holdings's average total tangible assets for the quarter that ended in Jun. 2026 was $494.20 Mil. Therefore, Star Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 33.55%.

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

STHO' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -23.46   Med: -12.24   Max: 2.52
Current: 2.52

During the past 5 years, Star Holdings's highest Return-on-Tangible-Asset was 2.52%. The lowest was -23.46%. And the median was -12.24%.

STHO's Return-on-Tangible-Asset is ranked better than
57.32% of 1797 companies
in the Real Estate industry
Industry Median: 1.81 vs STHO: 2.52

Star Holdings  (NAS:STHO) 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.


Star Holdings Return-on-Tangible-Asset Related Terms


Star Holdings Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Star 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.

Star Holdings Return-on-Tangible-Asset Chart

Star Holdings Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
0.00 -3.62 -23.46 -13.58 -10.90

Star Holdings Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -26.03 1.21 -13.13 -7.81 33.55

STHO vs RFL, CNXX, SRG: Return-on-Tangible-Asset Comparison

For the Real Estate Services subindustry, Star 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.


Star Holdings Return-on-Tangible-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Star Holdings's Return-on-Tangible-Asset distribution charts can be found below:

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


STHO
48GF Score
Star Holdings STHO
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Star Holdings Return-on-Tangible-Asset Calculation

Star Holdings'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 )
=-64.249/( (608.528+570.095)/ 2 )
=-64.249/589.3115
=-10.90 %

Star Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=165.792/( (480.255+508.145)/ 2 )
=165.792/494.2
=33.55 %

* 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 (Jun. 2026) net income data.

What does a Return-on-Tangible-Asset of 33.55% mean?
Star Holdings (STHO) has a Return-on-Tangible-Asset of 33.55% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Star Holdings and its competitors. According to the industry distribution chart, Star Holdings ranks #767 out of 1797 companies in the Real Estate industry, placing it in the top 42.7%.
Is Star Holdings' Return-on-Tangible-Asset too high?
Star Holdings' current Return-on-Tangible-Asset is 33.55%. The Real Estate industry median Return-on-Tangible-Asset is 1.81. Star Holdings' value of 33.55% is 1753.6% above this industry median. Based on the distribution chart, Star Holdings ranks #767 out of 1797 companies in the Real Estate industry, which is above the industry midpoint. Overall, Star Holdings has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Star Holdings' Return-on-Tangible-Asset compare to RFL and CNXX?
According to the Real Estate industry distribution chart, Star Holdings ranks #767 out of 1797 companies for Return-on-Tangible-Asset. This puts Star Holdings in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.81. Star Holdings' value of 33.55% is 1753.6% above this benchmark. 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.81, based on 1,797 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. Star Holdings's current Return-on-Tangible-Asset of 33.55% is 1753.6% 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 Star Holdings and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Star Holdings's current Return-on-Tangible-Asset is 33.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Holdings stock overvalued right now?
Based on GuruFocus' analysis, Star Holdings (STHO) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.60, compared to a current price of $9.85 — trading 49.2% above its estimated fair value. The current Return-on-Tangible-Asset is 33.55% and 1753.6% above the Real Estate industry median of 1.81. Star Holdings' overall GF Score™ is 48/100 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 Star Holdings (STHO), the current Return-on-Tangible-Asset is 33.55% as of Jun. 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 Star Holdings (STHO) Overvalued in 2026?

Based on GuruFocus' analysis, Star Holdings stock appears to be overvalued. The current stock price of $9.85 is trading 49.2% above its estimated GF Value™ of $6.60. GuruFocus considers Star Holdings to be Significantly Overvalued.

Key valuation signals for STHO:

  • Return-on-Tangible-Asset: 33.55%
  • GF Value™: $6.60 vs. price of $9.85 (49.2% above fair value)
  • GF Score™: 48/100 with 7 warning signs
  • Industry Position: 1753.6% above the Real Estate median (#767 of 1797)

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


Star Holdings Business Description

Other Exchanges H7C:Germany
Address 1114 Avenue of the Americas, 39th Floor, New York, NY, USA, 10036
Star Holdings engages in non-ground lease-related businesses, including real estate finance, operating properties, and land and development. Its portfolio is comprised of its interests in Asbury and Magnolia Green residential development projects, a portfolio of commercial real estate properties, and loans that are being marketed for sale. The Company operates its business through one reportable and operating segment that focuses on realizing value for shareholders by generating cash flows through active asset management and sales of its existing loans, operating properties, and land and development properties.
48GF Score

Get the complete analysis for STHO

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

$9.85
Price
$6.60
GF Value