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HakutenTSE:2173 -0.70%71 Return-on-Tangible-Asset is 37.12% as of Dec. 2025, which is 372% above its 10-year median of 7.86. GuruFocus rates TSE:2173 with a GF Score™ of 71/100 and a GF Value™ of 円750.29 (Fairly Valued). Among 1,030 Media - Diversified companies, Hakuten ranks better than 91.75% 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. Hakuten's annualizedNet Income for the quarter that ended in Dec. 2025 was 円3,402 Mil. Hakuten's average total tangible assets for the quarter that ended in Dec. 2025 was 円9,164 Mil. Therefore, Hakuten's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 37.12%.
The historical rank and industry rank for Hakuten's Return-on-Tangible-Asset or its related term are showing as below:
TSE:2173'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.85 Med: 7.86 Max: 21.54
Current: 14.08
During the past 13 years, Hakuten's highest Return-on-Tangible-Asset was 21.54%. The lowest was -8.85%. And the median was 7.86%.
TSE:2173's Return-on-Tangible-Asset is ranked better than 91.75% of 1030
companies
in the Media - Diversified industry
Industry Median: 0.785
vs TSE:2173: 14.08
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.
Hakuten Return-on-Tangible-Asset Related Terms
Hakuten Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Hakuten'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.
TSE:2173 vs APP, OMC, TTD: Return-on-Tangible-Asset Comparison
For the Advertising Agencies subindustry, Hakuten'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.
Hakuten Return-on-Tangible-Asset vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Hakuten's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hakuten'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 37.12% mean?
Hakuten (TSE:2173) has a Return-on-Tangible-Asset of 37.12% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Hakuten and its competitors. This is 372% above median its historical median of 7.86. According to the industry distribution chart, Hakuten ranks #85 out of 1030 companies in the Media - Diversified industry, placing it in the top 8.3%.
Is Hakuten's Return-on-Tangible-Asset too high?
Hakuten's current Return-on-Tangible-Asset of 37.12% is 372% above median its 10-year median of 7.86. The Media - Diversified industry median Return-on-Tangible-Asset is 0.79. Hakuten's value of 37.12% is 4628.7% above this industry median. Based on the distribution chart, Hakuten ranks #85 out of 1030 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Hakuten has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hakuten's Return-on-Tangible-Asset compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Hakuten ranks #85 out of 1030 companies for Return-on-Tangible-Asset. This places Hakuten in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.79. Hakuten's value of 37.12% is 4628.7% above this benchmark. While the company's 10-year median is 7.86 vs. the industry median of 0.79, Hakuten 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 0.79, based on 1,030 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. Hakuten's current Return-on-Tangible-Asset of 37.12% is 4628.7% 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 Hakuten and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hakuten's current Return-on-Tangible-Asset is 37.12%, which is 372% above median its own 10-year median of 7.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hakuten stock overvalued right now?
Based on GuruFocus' analysis, Hakuten (TSE:2173) is currently considered Fairly Valued. The stock's GF Value™ is 円750.29, compared to a current price of 円709.00 — trading 5.5% below its estimated fair value. The current Return-on-Tangible-Asset is 37.12%, which is 372% above median its 10-year median of 7.86 and 4628.7% above the Media - Diversified industry median of 0.79. Hakuten's overall GF Score™ is 71/100. 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 Hakuten (TSE:2173), the current Return-on-Tangible-Asset is 37.12% as of Dec. 2025. 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 Hakuten (TSE:2173) Overvalued in 2026?
Based on GuruFocus' analysis, Hakuten stock appears to be undervalued.
The current stock price of 円709.00 is trading 5.5% below its estimated GF Value™ of 円750.29.
GuruFocus considers Hakuten to be Fairly Valued.
Key valuation signals for TSE:2173:
Return-on-Tangible-Asset: 37.12% (372% above median its 10-year median of 7.86)
GF Value™: 円750.29 vs. price of 円709.00 (5.5% below fair value)
Industry Position: 4628.7% above the Media - Diversified median (#85 of 1030)
No single metric tells the full story. See the TSE:2173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hakuten Corp is a Japan-based company engages in producing and sponsoring event promotions, exhibitions, business meetings, private shows, conferences, and conventions, among others. It is also engaged in the design, construction, and supervision of commercial spaces, such as road shows, conferences, and ceremonies, as well as the provision of digital marketing solutions.
71GF Score
Get the complete analysis for TSE:2173
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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