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Polaris Holdings CoTSE:3010 71 Return-on-Tangible-Asset is 24.46% as of Mar. 2026. GuruFocus rates TSE:3010 with a GF Score™ of 71/100 and a GF Value™ of 円257.42 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 858 Travel & Leisure companies, Polaris Holdings Co ranks better than 85.78% 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. Polaris Holdings Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円10,614 Mil. Polaris Holdings Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円43,403 Mil. Therefore, Polaris Holdings Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 24.46%.
The historical rank and industry rank for Polaris Holdings Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:3010'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -56.08 Med: -1.63 Max: 13.8
Current: 10.92
During the past 13 years, Polaris Holdings Co's highest Return-on-Tangible-Asset was 13.80%. The lowest was -56.08%. And the median was -1.63%.
TSE:3010's Return-on-Tangible-Asset is ranked better than 85.78% of 858
companies
in the Travel & Leisure industry
Industry Median: 2.865
vs TSE:3010: 10.92
Polaris Holdings Co (TSE:3010) 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.
Polaris Holdings Co Return-on-Tangible-Asset Related Terms
Polaris Holdings Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Polaris 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.
Polaris Holdings Co Return-on-Tangible-Asset Chart
TSE:3010 vs MAR, HLT, H: Return-on-Tangible-Asset Comparison
For the Lodging subindustry, Polaris 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.
Polaris Holdings Co Return-on-Tangible-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Polaris Holdings Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Polaris Holdings Co'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 24.46% mean?
Polaris Holdings Co (TSE:3010) has a Return-on-Tangible-Asset of 24.46% 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 Polaris Holdings Co and its competitors. According to the industry distribution chart, Polaris Holdings Co ranks #122 out of 858 companies in the Travel & Leisure industry, placing it in the top 14.2%.
Is Polaris Holdings Co's Return-on-Tangible-Asset too high?
Polaris Holdings Co's current Return-on-Tangible-Asset is 24.46%. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.87. Polaris Holdings Co's value of 24.46% is 753.8% above this industry median. Based on the distribution chart, Polaris Holdings Co ranks #122 out of 858 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Polaris Holdings Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Polaris Holdings Co's Return-on-Tangible-Asset compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Polaris Holdings Co ranks #122 out of 858 companies for Return-on-Tangible-Asset. This places Polaris Holdings Co in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.87. Polaris Holdings Co's value of 24.46% is 753.8% 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.87, based on 858 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. Polaris Holdings Co's current Return-on-Tangible-Asset of 24.46% is 753.8% 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 Polaris Holdings Co and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polaris Holdings Co's current Return-on-Tangible-Asset is 24.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polaris Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Polaris Holdings Co (TSE:3010) is currently considered Modestly Undervalued. The stock's GF Value™ is 円257.42, compared to a current price of 円195.00 — trading 24.2% below its estimated fair value. The current Return-on-Tangible-Asset is 24.46% and 753.8% above the Travel & Leisure industry median of 2.87. Polaris Holdings Co's overall GF Score™ is 71/100 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 Polaris Holdings Co (TSE:3010), the current Return-on-Tangible-Asset is 24.46% 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 Polaris Holdings Co (TSE:3010) Overvalued in 2026?
Based on GuruFocus' analysis, Polaris Holdings Co stock appears to be undervalued.
The current stock price of 円195.00 is trading 24.2% below its estimated GF Value™ of 円257.42.
GuruFocus considers Polaris Holdings Co to be Modestly Undervalued.
Key valuation signals for TSE:3010:
Return-on-Tangible-Asset: 24.46%
GF Value™: 円257.42 vs. price of 円195.00 (24.2% below fair value)
Industry Position: 753.8% above the Travel & Leisure median (#122 of 858)
No single metric tells the full story. See the TSE:3010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polaris Holdings Co Ltd is a Japan-based company. It has two business segments. The Real Estate segment is involved in the leasing, buying, selling, and development of real estate; The Hotel segment deals with hotel management, consulting, and franchising. Some of its hotels include Best Western Hotels, Value The Hotel, Kinuura Grand Hotel, and KOKO Hotels.
71GF 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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