Hotman Co (TSE:3190) Return-on-Tangible-Asset: -6.50% (As of Mar. 2026)

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TSE:3190 Hotman Co Ltd TSE:3190
62 GF Score
Price 円587.00
GF Value 円622.36
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Hotman Co Return-on-Tangible-Asset?

Hotman Co TSE:3190 +0.86% 62 Return-on-Tangible-Asset is -6.50% as of Mar. 2026. GuruFocus rates TSE:3190 with a GF Score™ of 62/100 and a GF Value™ of 円622.36 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,064 Manufacturing - Apparel & Accessories companies, Hotman Co ranks better than 50.56% 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. Hotman Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円-1,123 Mil. Hotman Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円17,290 Mil. Therefore, Hotman Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -6.50%.

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

TSE:3190' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.58   Med: 2.01   Max: 2.63
Current: 2.16

During the past 13 years, Hotman Co's highest Return-on-Tangible-Asset was 2.63%. The lowest was 0.58%. And the median was 2.01%.

TSE:3190's Return-on-Tangible-Asset is ranked better than
50.56% of 1064 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.025 vs TSE:3190: 2.16

Hotman Co  (TSE:3190) 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.


Hotman Co Return-on-Tangible-Asset Related Terms


Hotman Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Hotman 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.

Hotman Co Return-on-Tangible-Asset Chart

Hotman 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 1.71 1.20 1.29 2.08 2.17

Hotman Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 3.03 -6.64 18.25 -6.50

Hotman Co Return-on-Tangible-Asset Competitor Comparison

For the Textile Manufacturing subindustry, Hotman 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.


Hotman Co Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hotman Co's Return-on-Tangible-Asset distribution charts can be found below:

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


TSE:3190
62GF Score
Hotman Co Ltd TSE:3190
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hotman Co Return-on-Tangible-Asset Calculation

Hotman 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 )
=356.956/( (16347.342+16589.24)/ 2 )
=356.956/16468.291
=2.17 %

Hotman 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 )
=-1123.044/( (17991.48+16589.24)/ 2 )
=-1123.044/17290.36
=-6.50 %

* 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 -6.50% mean?
Hotman Co (TSE:3190) has a Return-on-Tangible-Asset of -6.50% 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 Hotman Co and its competitors. Over the past decade, Hotman Co's Return-on-Tangible-Asset has ranged from 0.58 to 2.63. According to the industry distribution chart, Hotman Co ranks #526 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 49.4%.
Is Hotman Co's Return-on-Tangible-Asset too high?
Hotman Co's current Return-on-Tangible-Asset is -6.50%. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 2.63. Based on the distribution chart, Hotman Co ranks #526 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Hotman Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hotman Co's Return-on-Tangible-Asset compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Hotman Co ranks #526 out of 1064 companies for Return-on-Tangible-Asset. This puts Hotman Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.03. Historically, Hotman Co's own Return-on-Tangible-Asset has ranged from 0.58 to 2.63 over the past decade. 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.03, based on 1,064 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. 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 Hotman Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hotman Co's current Return-on-Tangible-Asset is -6.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hotman Co stock overvalued right now?
Based on GuruFocus' analysis, Hotman Co (TSE:3190) is currently considered Fairly Valued. The stock's GF Value™ is 円622.36, compared to a current price of 円587.00 — trading 5.7% below its estimated fair value. The current Return-on-Tangible-Asset is -6.50%. Hotman Co's overall GF Score™ is 62/100 with 2 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 Hotman Co (TSE:3190), the current Return-on-Tangible-Asset is -6.50% 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 Hotman Co (TSE:3190) Overvalued in 2026?

Based on GuruFocus' analysis, Hotman Co stock appears to be undervalued. The current stock price of 円587.00 is trading 5.7% below its estimated GF Value™ of 円622.36. GuruFocus considers Hotman Co to be Fairly Valued.

Key valuation signals for TSE:3190:

  • Return-on-Tangible-Asset: -6.50%
  • GF Value™: 円622.36 vs. price of 円587.00 (5.7% below fair value)
  • GF Score™: 62/100 with 2 warning signs

No single metric tells the full story. See the TSE:3190 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hotman Co Business Description

Address 4-4-17 Nishitaga, Taihaku-ku, Miyagi-ken, Sendai, JPN, 982?0034
Hotman Co Ltd is a Japan-based company engaged in the automotive supplies and automotive-related business. Its operating segments include: the Yellow Hat Business, which sells, installs, and maintains car accessories; the TSUTAYA Business, which offers books, stationery, and DVD rentals; and the Up Garage Business, focused on buying and selling used car-related products. It generates the majority of its revenue from the Yellow Hat Business.
62GF Score

Get the complete analysis for TSE:3190

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

円587.00
Price
円622.36
GF Value