TKHCF (Koei Tecmo Holdings Co) Return-on-Tangible-Asset: 24.18% (As of Mar. 2026) — 66% Above Median

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TKHCF Koei Tecmo Holdings Co Ltd TKHCF
82 GF Score
Price $10.85
GF Value $14.31
! 3 Warning Signs
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What is Koei Tecmo Holdings Co Return-on-Tangible-Asset?

Koei Tecmo Holdings Co TKHCF 82 Return-on-Tangible-Asset is 24.18% as of Mar. 2026, which is 66% above its 10-year median of 14.60. GuruFocus rates TKHCF with a GF Score™ of 82/100 and a GF Value™ of $14.31. The stock has 3 warning signs investors should review. Among 568 Interactive Media companies, Koei Tecmo Holdings Co ranks better than 83.98% 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. Koei Tecmo Holdings Co's annualized Net Income for the quarter that ended in Mar. 2026 was $480.2 Mil. Koei Tecmo Holdings Co's average total tangible assets for the quarter that ended in Mar. 2026 was $1,986.1 Mil. Therefore, Koei Tecmo Holdings Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 24.18%.

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

TKHCF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 10.12   Med: 14.6   Max: 17.48
Current: 15.39

During the past 13 years, Koei Tecmo Holdings Co's highest Return-on-Tangible-Asset was 17.48%. The lowest was 10.12%. And the median was 14.60%.

TKHCF's Return-on-Tangible-Asset is ranked better than
83.98% of 568 companies
in the Interactive Media industry
Industry Median: 0.735 vs TKHCF: 15.39

Koei Tecmo Holdings Co  (OTCPK:TKHCF) 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.


Koei Tecmo Holdings Co Return-on-Tangible-Asset Related Terms


Koei Tecmo Holdings Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Koei Tecmo Holdings Co'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.

Koei Tecmo Holdings Co Return-on-Tangible-Asset Chart

Koei Tecmo Holdings Co 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 16.55 13.51 14.03 16.58 15.96

Koei Tecmo Holdings Co 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 22.64 10.88 10.51 12.84 24.18

TKHCF vs NTES, EA, TTWO: Return-on-Tangible-Asset Comparison

For the Electronic Gaming & Multimedia subindustry, Koei Tecmo Holdings Co'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.


Koei Tecmo Holdings Co Return-on-Tangible-Asset vs Interactive Media Industry

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

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


TKHCF
82GF Score
Koei Tecmo Holdings Co Ltd TKHCF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Koei Tecmo Holdings Co Return-on-Tangible-Asset Calculation

Koei Tecmo Holdings Co'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 )
=269.91/( (1406.442+1975.458)/ 2 )
=269.91/1690.95
=15.96 %

Koei Tecmo Holdings Co'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 )
=480.204/( (1996.729+1975.458)/ 2 )
=480.204/1986.0935
=24.18 %

* 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 24.18% mean?
Koei Tecmo Holdings Co (TKHCF) has a Return-on-Tangible-Asset of 24.18% 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 Koei Tecmo Holdings Co and its competitors. This is 66% above median its historical median of 14.60. Over the past decade, Koei Tecmo Holdings Co's Return-on-Tangible-Asset has ranged from 10.12 to 17.48. According to the industry distribution chart, Koei Tecmo Holdings Co ranks #91 out of 568 companies in the Interactive Media industry, placing it in the top 16%.
Is Koei Tecmo Holdings Co's Return-on-Tangible-Asset too high?
Koei Tecmo Holdings Co's current Return-on-Tangible-Asset of 24.18% is 66% above median its 10-year median of 14.60. Over the past 10 years, this metric has ranged from a low of 10.12 to a high of 17.48. The Interactive Media industry median Return-on-Tangible-Asset is 0.74. Koei Tecmo Holdings Co's value of 24.18% is 3189.8% above this industry median. Based on the distribution chart, Koei Tecmo Holdings Co ranks #91 out of 568 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Koei Tecmo Holdings Co has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Koei Tecmo Holdings Co's Return-on-Tangible-Asset compare to NTES and EA?
According to the Interactive Media industry distribution chart, Koei Tecmo Holdings Co ranks #91 out of 568 companies for Return-on-Tangible-Asset. This places Koei Tecmo Holdings Co in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.74. Koei Tecmo Holdings Co's value of 24.18% is 3189.8% above this benchmark. Historically, Koei Tecmo Holdings Co's own Return-on-Tangible-Asset has ranged from 10.12 to 17.48 over the past decade. While the company's 10-year median is 14.60 vs. the industry median of 0.74, Koei Tecmo Holdings Co 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 an Interactive Media company?
The median Return-on-Tangible-Asset among Interactive Media companies is 0.74, based on 568 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. Koei Tecmo Holdings Co's current Return-on-Tangible-Asset of 24.18% is 3189.8% 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 Koei Tecmo Holdings Co and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Asset is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koei Tecmo Holdings Co's current Return-on-Tangible-Asset is 24.18%, which is 66% above median its own 10-year median of 14.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koei Tecmo Holdings Co stock overvalued right now?
Koei Tecmo Holdings Co (TKHCF) has a current Return-on-Tangible-Asset of 24.18%. The stock's GF Value™ is $14.31, compared to a current price of $10.85 — trading 24.2% below its estimated fair value. The current Return-on-Tangible-Asset is 24.18%, which is 66% above median its 10-year median of 14.60 and 3189.8% above the Interactive Media industry median of 0.74. Koei Tecmo Holdings Co's overall GF Score™ is 82/100 with 3 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 Koei Tecmo Holdings Co (TKHCF), the current Return-on-Tangible-Asset is 24.18% 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 Koei Tecmo Holdings Co (TKHCF) Overvalued in 2026?

Based on GuruFocus' analysis, Koei Tecmo Holdings Co stock appears to be undervalued. The current stock price of $10.85 is trading 24.2% below its estimated GF Value™ of $14.31.

Key valuation signals for TKHCF:

  • Return-on-Tangible-Asset: 24.18% (66% above median its 10-year median of 14.60)
  • GF Value™: $14.31 vs. price of $10.85 (24.2% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 3189.8% above the Interactive Media median (#91 of 568)

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


Koei Tecmo Holdings Co Business Description

Other Exchanges 3635:Japan85T:Germany
Address 1-18-12 Minowa-cho, Kouhoku-ku, Yokohama, JPN, 223-8503
Koei Tecmo Holdings is a Japanese video game, amusement, and anime company created in 2009 by the merger of Koei and Tecmo, best known for their Nobunaga's Ambition, Romance of the Three Kingdoms, Nioh, and Atelier game franchises. The company also creates games based on third-party franchises, such as Nintendo's The Legend of Zelda and Fire Emblem, and Kodansha's Attack on Titan.
82GF Score

Get the complete analysis for TKHCF

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

$10.85
Price
$14.31
GF Value