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Tsukada Global HoldingsTSE:2418 -0.50%60 Return-on-Tangible-Asset is 2.41% as of Mar. 2026, which is 11% below its 10-year median of 2.72. GuruFocus rates TSE:2418 with a GF Score™ of 60/100 and a GF Value™ of 円608.74 (Fairly Valued). The stock has 3 warning signs investors should review. Among 96 Personal Services companies, Tsukada Global Holdings ranks worse than 53.13% 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. Tsukada Global Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was 円3,344 Mil. Tsukada Global Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was 円138,521 Mil. Therefore, Tsukada Global Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.41%.
The historical rank and industry rank for Tsukada Global Holdings's Return-on-Tangible-Asset or its related term are showing as below:
TSE:2418'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -10.91 Med: 2.72 Max: 5.35
Current: 1.94
During the past 13 years, Tsukada Global Holdings's highest Return-on-Tangible-Asset was 5.35%. The lowest was -10.91%. And the median was 2.72%.
TSE:2418's Return-on-Tangible-Asset is ranked worse than 53.13% of 96
companies
in the Personal Services industry
Industry Median: 2.705
vs TSE:2418: 1.94
Tsukada Global Holdings (TSE:2418) 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 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.
Tsukada Global Holdings Return-on-Tangible-Asset Related Terms
Tsukada Global Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Tsukada Global 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.
Tsukada Global Holdings Return-on-Tangible-Asset Chart
TSE:2418 vs ROL, SCI, HRB: Return-on-Tangible-Asset Comparison
For the Personal Services subindustry, Tsukada Global 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.
Tsukada Global Holdings Return-on-Tangible-Asset vs Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Tsukada Global Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tsukada Global Holdings'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 2.41% mean?
Tsukada Global Holdings (TSE:2418) has a Return-on-Tangible-Asset of 2.41% 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 Tsukada Global Holdings and its competitors. This is 11% below median its historical median of 2.72. According to the industry distribution chart, Tsukada Global Holdings ranks #51 out of 96 companies in the Personal Services industry, placing it in the top 53.1%.
Is Tsukada Global Holdings' Return-on-Tangible-Asset too high?
Tsukada Global Holdings' current Return-on-Tangible-Asset of 2.41% is 11% below median its 10-year median of 2.72. The Personal Services industry median Return-on-Tangible-Asset is 2.71. Tsukada Global Holdings' value of 2.41% is 10.9% below this industry median. Based on the distribution chart, Tsukada Global Holdings ranks #51 out of 96 companies in the Personal Services industry, which is below the industry midpoint. Overall, Tsukada Global Holdings has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tsukada Global Holdings' Return-on-Tangible-Asset compare to ROL and SCI?
According to the Personal Services industry distribution chart, Tsukada Global Holdings ranks #51 out of 96 companies for Return-on-Tangible-Asset. This places Tsukada Global Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.71. Tsukada Global Holdings' value of 2.41% is 10.9% below this benchmark. While the company's 10-year median is 2.72 vs. the industry median of 2.71, Tsukada Global Holdings has consistently been below 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 Personal Services company?
The median Return-on-Tangible-Asset among Personal Services companies is 2.71, based on 96 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. Tsukada Global Holdings's current Return-on-Tangible-Asset of 2.41% is 10.9% below 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 Tsukada Global Holdings and its competitors. For the Personal Services industry, the median Return-on-Tangible-Asset is 2.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsukada Global Holdings's current Return-on-Tangible-Asset is 2.41%, which is 11% below median its own 10-year median of 2.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsukada Global Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tsukada Global Holdings (TSE:2418) is currently considered Fairly Valued. The stock's GF Value™ is 円608.74, compared to a current price of 円598.00 — trading 1.8% below its estimated fair value. The current Return-on-Tangible-Asset is 2.41%, which is 11% below median its 10-year median of 2.72 and 10.9% below the Personal Services industry median of 2.71. Tsukada Global Holdings' overall GF Score™ is 60/100 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 Tsukada Global Holdings (TSE:2418), the current Return-on-Tangible-Asset is 2.41% 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 Tsukada Global Holdings (TSE:2418) Overvalued in 2026?
Based on GuruFocus' analysis, Tsukada Global Holdings stock appears to be undervalued.
The current stock price of 円598.00 is trading 1.8% below its estimated GF Value™ of 円608.74.
GuruFocus considers Tsukada Global Holdings to be Fairly Valued.
Key valuation signals for TSE:2418:
Return-on-Tangible-Asset: 2.41% (11% below median its 10-year median of 2.72)
GF Value™: 円608.74 vs. price of 円598.00 (1.8% below fair value)
Industry Position: 10.9% below the Personal Services median (#51 of 96)
No single metric tells the full story. See the TSE:2418 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tsukada Global Holdings Inc is engaged in the planning and development of guest houses, hotels, wedding and restaurant business in Japan. The company offers wedding attire, beauty care, wedding ceremony and reception, photography, and videography services. It operates in three segments- wedding business, Hotel Business and W&R Business. The company serves a wide array of clients looking for exceptional service in various celebratory and leisure contexts.
60GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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