Generation Pass Co (TSE:3195) Return-on-Tangible-Asset: 4.48% (As of Apr. 2026) — 245% Above Median

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TSE:3195 Generation Pass Co Ltd TSE:3195
50 GF Score
Price 円575.00
GF Value 円325.17
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Generation Pass Co Return-on-Tangible-Asset?

Generation Pass Co TSE:3195 +6.09% 50 Return-on-Tangible-Asset is 4.48% as of Apr. 2026, which is 245% above its 10-year median of 1.30. GuruFocus rates TSE:3195 with a GF Score™ of 50/100 and a GF Value™ of 円325.17 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,138 Retail - Cyclical companies, Generation Pass Co ranks better than 51.14% 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. Generation Pass Co's annualized Net Income for the quarter that ended in Apr. 2026 was 円238 Mil. Generation Pass Co's average total tangible assets for the quarter that ended in Apr. 2026 was 円5,321 Mil. Therefore, Generation Pass Co's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 4.48%.

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

TSE:3195' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.18   Med: 1.3   Max: 8.66
Current: 3.08

During the past 13 years, Generation Pass Co's highest Return-on-Tangible-Asset was 8.66%. The lowest was -3.18%. And the median was 1.30%.

TSE:3195's Return-on-Tangible-Asset is ranked better than
51.14% of 1138 companies
in the Retail - Cyclical industry
Industry Median: 2.985 vs TSE:3195: 3.08

Generation Pass Co  (TSE:3195) 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.


Generation Pass Co Return-on-Tangible-Asset Related Terms


Generation Pass Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Generation Pass 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.

Generation Pass Co Return-on-Tangible-Asset Chart

Generation Pass Co Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.59 8.66 -0.53 -3.18 3.61

Generation Pass Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 0.31 -6.63 5.25 1.70 4.48

TSE:3195 vs AMZN, BABA, PDD: Return-on-Tangible-Asset Comparison

For the Internet Retail subindustry, Generation Pass 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.


Generation Pass Co Return-on-Tangible-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Generation Pass Co's Return-on-Tangible-Asset distribution charts can be found below:

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


TSE:3195
50GF Score
Generation Pass Co Ltd TSE:3195
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Generation Pass Co Return-on-Tangible-Asset Calculation

Generation Pass Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Oct. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=161.415/( (4439.529+4513.68)/ 2 )
=161.415/4476.6045
=3.61 %

Generation Pass Co's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Apr. 2026 )  (Q: Oct. 2025 )(Q: Apr. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Apr. 2026 )  (Q: Oct. 2025 )(Q: Apr. 2026 )
=238.388/( (4513.68+6127.926)/ 2 )
=238.388/5320.803
=4.48 %

* 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 two times the semi-annual (Apr. 2026) net income data.

What does a Return-on-Tangible-Asset of 4.48% mean?
Generation Pass Co (TSE:3195) has a Return-on-Tangible-Asset of 4.48% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Generation Pass Co and its competitors. This is 245% above median its historical median of 1.30. According to the industry distribution chart, Generation Pass Co ranks #556 out of 1138 companies in the Retail - Cyclical industry, placing it in the top 48.9%.
Is Generation Pass Co's Return-on-Tangible-Asset too high?
Generation Pass Co's current Return-on-Tangible-Asset of 4.48% is 245% above median its 10-year median of 1.30. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.99. Generation Pass Co's value of 4.48% is 50.1% above this industry median. Based on the distribution chart, Generation Pass Co ranks #556 out of 1138 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Generation Pass Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Generation Pass Co's Return-on-Tangible-Asset compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Generation Pass Co ranks #556 out of 1138 companies for Return-on-Tangible-Asset. This puts Generation Pass Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.99. Generation Pass Co's value of 4.48% is 50.1% above this benchmark. While the company's 10-year median is 1.30 vs. the industry median of 2.99, Generation Pass 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 Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 2.99, based on 1,138 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. Generation Pass Co's current Return-on-Tangible-Asset of 4.48% is 50.1% 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 Generation Pass Co and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Generation Pass Co's current Return-on-Tangible-Asset is 4.48%, which is 245% above median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Generation Pass Co stock overvalued right now?
Based on GuruFocus' analysis, Generation Pass Co (TSE:3195) is currently considered Significantly Overvalued. The stock's GF Value™ is 円325.17, compared to a current price of 円575.00 — trading 76.8% above its estimated fair value. The current Return-on-Tangible-Asset is 4.48%, which is 245% above median its 10-year median of 1.30 and 50.1% above the Retail - Cyclical industry median of 2.99. Generation Pass Co's overall GF Score™ is 50/100 with 4 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 Generation Pass Co (TSE:3195), the current Return-on-Tangible-Asset is 4.48% as of Apr. 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 Generation Pass Co (TSE:3195) Overvalued in 2026?

Based on GuruFocus' analysis, Generation Pass Co stock appears to be overvalued. The current stock price of 円575.00 is trading 76.8% above its estimated GF Value™ of 円325.17. GuruFocus considers Generation Pass Co to be Significantly Overvalued.

Key valuation signals for TSE:3195:

  • Return-on-Tangible-Asset: 4.48% (245% above median its 10-year median of 1.30)
  • GF Value™: 円325.17 vs. price of 円575.00 (76.8% above fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 50.1% above the Retail - Cyclical median (#556 of 1138)

No single metric tells the full story. See the TSE:3195 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Generation Pass Co Business Description

Address 6-12-1 Nishi-Shinjuku, 5th Floor, Nishi-Shinjuku Park West Building, Shinjuku-ku, Tokyo, JPN, 169-0072
Generation Pass Co Ltd provides e-commerce marketing and support services in Japan. The company's operating segments include EC Marketing Business and Product Planning related business. The EC Marketing Business involves collecting and analyzing big data from EC sites operated by the group. The Product Planning related segment is a project that utilizes the product data acquired by the company's EC marketing business, and mainly engages in planning and development of products in collaboration with manufacturers.
50GF Score

Get the complete analysis for TSE:3195

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

円575.00
Price
円325.17
GF Value