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Renet Japan GroupTSE:3556 -1.21%70 Return-on-Tangible-Asset is 10.97% as of Mar. 2026, which is 268% above its 10-year median of 2.98. GuruFocus rates TSE:3556 with a GF Score™ of 70/100 and a GF Value™ of 円602.54 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,136 Retail - Cyclical companies, Renet Japan Group ranks better than 83.71% 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. Renet Japan Group's annualizedNet Income for the quarter that ended in Mar. 2026 was 円856 Mil. Renet Japan Group's average total tangible assets for the quarter that ended in Mar. 2026 was 円7,809 Mil. Therefore, Renet Japan Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.97%.
The historical rank and industry rank for Renet Japan Group's Return-on-Tangible-Asset or its related term are showing as below:
TSE:3556'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -19.25 Med: 2.98 Max: 13.96
Current: 10.93
During the past 12 years, Renet Japan Group's highest Return-on-Tangible-Asset was 13.96%. The lowest was -19.25%. And the median was 2.98%.
TSE:3556's Return-on-Tangible-Asset is ranked better than 83.71% of 1136
companies
in the Retail - Cyclical industry
Industry Median: 2.935
vs TSE:3556: 10.93
Renet Japan Group (TSE:3556) 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.
Renet Japan Group Return-on-Tangible-Asset Related Terms
Renet Japan Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Renet Japan Group'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:3556 vs AMZN, BABA, PDD: Return-on-Tangible-Asset Comparison
For the Internet Retail subindustry, Renet Japan Group'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.
Renet Japan Group Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Renet Japan Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Renet Japan Group'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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 10.97% mean?
Renet Japan Group (TSE:3556) has a Return-on-Tangible-Asset of 10.97% 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 Renet Japan Group and its competitors. This is 268% above median its historical median of 2.98. According to the industry distribution chart, Renet Japan Group ranks #185 out of 1136 companies in the Retail - Cyclical industry, placing it in the top 16.3%.
Is Renet Japan Group's Return-on-Tangible-Asset too high?
Renet Japan Group's current Return-on-Tangible-Asset of 10.97% is 268% above median its 10-year median of 2.98. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.94. Renet Japan Group's value of 10.97% is 273.8% above this industry median. Based on the distribution chart, Renet Japan Group ranks #185 out of 1136 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Renet Japan Group has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Renet Japan Group's Return-on-Tangible-Asset compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Renet Japan Group ranks #185 out of 1136 companies for Return-on-Tangible-Asset. This places Renet Japan Group in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.94. Renet Japan Group's value of 10.97% is 273.8% above this benchmark. While the company's 10-year median is 2.98 vs. the industry median of 2.94, Renet Japan Group 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 2.94, based on 1,136 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. Renet Japan Group's current Return-on-Tangible-Asset of 10.97% is 273.8% 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 Renet Japan Group and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renet Japan Group's current Return-on-Tangible-Asset is 10.97%, which is 268% above median its own 10-year median of 2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renet Japan Group stock overvalued right now?
Based on GuruFocus' analysis, Renet Japan Group (TSE:3556) is currently considered Significantly Overvalued. The stock's GF Value™ is 円602.54, compared to a current price of 円818.00 — trading 35.8% above its estimated fair value. The current Return-on-Tangible-Asset is 10.97%, which is 268% above median its 10-year median of 2.98 and 273.8% above the Retail - Cyclical industry median of 2.94. Renet Japan Group's overall GF Score™ is 70/100 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 Renet Japan Group (TSE:3556), the current Return-on-Tangible-Asset is 10.97% 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 Renet Japan Group (TSE:3556) Overvalued in 2026?
Based on GuruFocus' analysis, Renet Japan Group stock appears to be overvalued.
The current stock price of 円818.00 is trading 35.8% above its estimated GF Value™ of 円602.54.
GuruFocus considers Renet Japan Group to be Significantly Overvalued.
Key valuation signals for TSE:3556:
Return-on-Tangible-Asset: 10.97% (268% above median its 10-year median of 2.98)
GF Value™: 円602.54 vs. price of 円818.00 (35.8% above fair value)
Industry Position: 273.8% above the Retail - Cyclical median (#185 of 1136)
No single metric tells the full story. See the TSE:3556 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Renet Japan Group Inc is engaged in the online recycling business. Its products include books, CD, game software, precious metals, and musical instruments. It has net reuse business and net recycling business.
70GF Score
Get the complete analysis for TSE:3556
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