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Qol Holdings CoTSE:3034 +0.35%88 Return-on-Tangible-Asset is 12.26% as of Mar. 2026, which is 66% above its 10-year median of 7.37. GuruFocus rates TSE:3034 with a GF Score™ of 88/100 and a GF Value™ of 円2,292.13 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 679 Healthcare Providers & Services companies, Qol Holdings Co ranks better than 75.41% 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. Qol Holdings Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円10,948 Mil. Qol Holdings Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円89,297 Mil. Therefore, Qol Holdings Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 12.26%.
The historical rank and industry rank for Qol Holdings Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:3034'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.1 Med: 7.37 Max: 8.97
Current: 8.38
During the past 13 years, Qol Holdings Co's highest Return-on-Tangible-Asset was 8.97%. The lowest was 5.10%. And the median was 7.37%.
TSE:3034's Return-on-Tangible-Asset is ranked better than 75.41% of 679
companies
in the Healthcare Providers & Services industry
Industry Median: 2.59
vs TSE:3034: 8.38
Qol Holdings Co (TSE:3034) 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.
Qol Holdings Co Return-on-Tangible-Asset Related Terms
Qol Holdings Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Qol 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.
Qol Holdings Co Return-on-Tangible-Asset Competitor Comparison
For the Pharmaceutical Retailers subindustry, Qol 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.
Qol Holdings Co Return-on-Tangible-Asset vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Qol Holdings Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Qol 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 12.26% mean?
Qol Holdings Co (TSE:3034) has a Return-on-Tangible-Asset of 12.26% 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 Qol Holdings Co and its competitors. This is 66% above median its historical median of 7.37. Over the past decade, Qol Holdings Co's Return-on-Tangible-Asset has ranged from 5.10 to 8.97. According to the industry distribution chart, Qol Holdings Co ranks #167 out of 679 companies in the Healthcare Providers & Services industry, placing it in the top 24.6%.
Is Qol Holdings Co's Return-on-Tangible-Asset too high?
Qol Holdings Co's current Return-on-Tangible-Asset of 12.26% is 66% above median its 10-year median of 7.37. Over the past 10 years, this metric has ranged from a low of 5.10 to a high of 8.97. The Healthcare Providers & Services industry median Return-on-Tangible-Asset is 2.59. Qol Holdings Co's value of 12.26% is 373.4% above this industry median. Based on the distribution chart, Qol Holdings Co ranks #167 out of 679 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Qol Holdings Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qol Holdings Co's Return-on-Tangible-Asset compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, Qol Holdings Co ranks #167 out of 679 companies for Return-on-Tangible-Asset. This places Qol Holdings Co in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.59. Qol Holdings Co's value of 12.26% is 373.4% above this benchmark. Historically, Qol Holdings Co's own Return-on-Tangible-Asset has ranged from 5.10 to 8.97 over the past decade. While the company's 10-year median is 7.37 vs. the industry median of 2.59, Qol 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 a Healthcare Providers & Services company?
The median Return-on-Tangible-Asset among Healthcare Providers & Services companies is 2.59, based on 679 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. Qol Holdings Co's current Return-on-Tangible-Asset of 12.26% is 373.4% 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 Qol Holdings Co and its competitors. For the Healthcare Providers & Services industry, the median Return-on-Tangible-Asset is 2.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qol Holdings Co's current Return-on-Tangible-Asset is 12.26%, which is 66% above median its own 10-year median of 7.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qol Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Qol Holdings Co (TSE:3034) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,292.13, compared to a current price of 円2,017.00 — trading 12% below its estimated fair value. The current Return-on-Tangible-Asset is 12.26%, which is 66% above median its 10-year median of 7.37 and 373.4% above the Healthcare Providers & Services industry median of 2.59. Qol Holdings Co's overall GF Score™ is 88/100 with 1 warning sign 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 Qol Holdings Co (TSE:3034), the current Return-on-Tangible-Asset is 12.26% 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 Qol Holdings Co (TSE:3034) Overvalued in 2026?
Based on GuruFocus' analysis, Qol Holdings Co stock appears to be undervalued.
The current stock price of 円2,017.00 is trading 12% below its estimated GF Value™ of 円2,292.13.
GuruFocus considers Qol Holdings Co to be Modestly Undervalued.
Key valuation signals for TSE:3034:
Return-on-Tangible-Asset: 12.26% (66% above median its 10-year median of 7.37)
GF Value™: 円2,292.13 vs. price of 円2,017.00 (12% below fair value)
Industry Position: 373.4% above the Healthcare Providers & Services median (#167 of 679)
No single metric tells the full story. See the TSE:3034 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qol Holdings Co Ltd provides pharmacy services under health insurance and sells pharmaceutical products. Its mission is to create healthy and comfortable living environments for everybody in those communities. The company operates through: Pharmacy and BPO segments. Under the Pharmacy segment the company puts customers first in-store development strategy, which is based on building one-on-one relationships with drug-prescribing clinics and hospitals in order to get the pharmacy services that include medical information. The BPO contracting segment includes clinical trials and projects and develops pamphlets and websites for medical institutions to promote sales of pharmaceutical products and provide advice on proper pharmaceutical product.
88GF Score
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