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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. Shirohato Co's annualizedNet Income for the quarter that ended in May. 2026 was 円-164 Mil. Shirohato Co's average total tangible assets for the quarter that ended in May. 2026 was 円5,090 Mil. Therefore, Shirohato Co's annualized Return-on-Tangible-Asset for the quarter that ended in May. 2026 was -3.22%.
The historical rank and industry rank for Shirohato Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:3192'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.49 Med: 1.16 Max: 4.32
Current: -3.37
During the past 13 years, Shirohato Co's highest Return-on-Tangible-Asset was 4.32%. The lowest was -4.49%. And the median was 1.16%.
TSE:3192's Return-on-Tangible-Asset is ranked worse than 81.57% of 1134
companies
in the Retail - Cyclical industry
Industry Median: 2.93
vs TSE:3192: -3.37
Shirohato Co (TSE:3192) 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.
Shirohato Co Return-on-Tangible-Asset Related Terms
Shirohato Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Shirohato 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.
TSE:3192 vs AMZN, BABA, PDD: Return-on-Tangible-Asset Comparison
For the Internet Retail subindustry, Shirohato 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.
Shirohato Co Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Shirohato Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shirohato 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 (May. 2026) net income data.
What does a Return-on-Tangible-Asset of -3.22% mean?
Shirohato Co (TSE:3192) has a Return-on-Tangible-Asset of -3.22% as of May. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Shirohato Co and its competitors. According to the industry distribution chart, Shirohato Co ranks #925 out of 1134 companies in the Retail - Cyclical industry, placing it in the top 81.6%.
Is Shirohato Co's Return-on-Tangible-Asset too high?
Shirohato Co's current Return-on-Tangible-Asset is -3.22%. Based on the distribution chart, Shirohato Co ranks #925 out of 1134 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Shirohato Co has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shirohato Co's Return-on-Tangible-Asset compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Shirohato Co ranks #925 out of 1134 companies for Return-on-Tangible-Asset. This places Shirohato Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.93. 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 Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 2.93, based on 1,134 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 Shirohato Co and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shirohato Co's current Return-on-Tangible-Asset is -3.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shirohato Co stock overvalued right now?
Based on GuruFocus' analysis, Shirohato Co (TSE:3192) is currently considered Fairly Valued. The stock's GF Value™ is 円279.12, compared to a current price of 円300.00 — trading 7.5% above its estimated fair value. The current Return-on-Tangible-Asset is -3.22%. Shirohato Co's overall GF Score™ is 56/100 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 Shirohato Co (TSE:3192), the current Return-on-Tangible-Asset is -3.22% as of May. 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 Shirohato Co (TSE:3192) Overvalued in 2026?
Based on GuruFocus' analysis, Shirohato Co stock appears to be overvalued.
The current stock price of 円300.00 is trading 7.5% above its estimated GF Value™ of 円279.12.
GuruFocus considers Shirohato Co to be Fairly Valued.
Key valuation signals for TSE:3192:
Return-on-Tangible-Asset: -3.22%
GF Value™: 円279.12 vs. price of 円300.00 (7.5% above fair value)
No single metric tells the full story. See the TSE:3192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shirohato Co Ltd operates as an online shopping website company. It offers innerwear for men and women. The business activity of the group includes the purchase of innerwear from inner manufacturers and selling to individual customers through various channels on the Internet.
56GF 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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