Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Hit CoTSE:378A +2.84%21 Return-on-Tangible-Asset is 21.10% as of Dec. 2025, which is 37% above its 10-year median of 15.41. GuruFocus rates TSE:378A with a GF Score™ of 21/100. Among 1,029 Media - Diversified companies, Hit Co ranks better than 92.52% 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. Hit Co's annualizedNet Income for the quarter that ended in Dec. 2025 was 円1,675 Mil. Hit Co's average total tangible assets for the quarter that ended in Dec. 2025 was 円7,936 Mil. Therefore, Hit Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 21.10%.
The historical rank and industry rank for Hit Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:378A'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 14.21 Med: 15.41 Max: 16.72
Current: 14.9
During the past 3 years, Hit Co's highest Return-on-Tangible-Asset was 16.72%. The lowest was 14.21%. And the median was 15.41%.
TSE:378A's Return-on-Tangible-Asset is ranked better than 92.52% of 1029
companies
in the Media - Diversified industry
Industry Median: 0.82
vs TSE:378A: 14.90
Hit Co (TSE:378A) 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.
Hit Co Return-on-Tangible-Asset Related Terms
Hit Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Hit 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:378A vs APP, OMC, TTD: Return-on-Tangible-Asset Comparison
For the Advertising Agencies subindustry, Hit 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.
Hit Co Return-on-Tangible-Asset vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Hit Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hit 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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 21.10% mean?
Hit Co (TSE:378A) has a Return-on-Tangible-Asset of 21.10% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Hit Co and its competitors. This is 37% above median its historical median of 15.41. Over the past decade, Hit Co's Return-on-Tangible-Asset has ranged from 14.21 to 16.72. According to the industry distribution chart, Hit Co ranks #77 out of 1029 companies in the Media - Diversified industry, placing it in the top 7.5%.
Is Hit Co's Return-on-Tangible-Asset too high?
Hit Co's current Return-on-Tangible-Asset of 21.10% is 37% above median its 10-year median of 15.41. Over the past 10 years, this metric has ranged from a low of 14.21 to a high of 16.72. The Media - Diversified industry median Return-on-Tangible-Asset is 0.82. Hit Co's value of 21.10% is 2473.2% above this industry median. Based on the distribution chart, Hit Co ranks #77 out of 1029 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Hit Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Hit Co's Return-on-Tangible-Asset compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Hit Co ranks #77 out of 1029 companies for Return-on-Tangible-Asset. This places Hit Co in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.82. Hit Co's value of 21.10% is 2473.2% above this benchmark. Historically, Hit Co's own Return-on-Tangible-Asset has ranged from 14.21 to 16.72 over the past decade. While the company's 10-year median is 15.41 vs. the industry median of 0.82, Hit 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 Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.82, based on 1,029 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. Hit Co's current Return-on-Tangible-Asset of 21.10% is 2473.2% 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 Hit Co and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hit Co's current Return-on-Tangible-Asset is 21.10%, which is 37% above median its own 10-year median of 15.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hit Co stock overvalued right now?
Hit Co (TSE:378A) has a current Return-on-Tangible-Asset of 21.10%. The current Return-on-Tangible-Asset is 21.10%, which is 37% above median its 10-year median of 15.41 and 2473.2% above the Media - Diversified industry median of 0.82. Hit Co's overall GF Score™ is 21/100. 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 Hit Co (TSE:378A), the current Return-on-Tangible-Asset is 21.10% as of Dec. 2025. 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.
Hit Co Ltd is an advertising company specializing in outdoor advertising. It is engaged in Business of planning and operating of outdoor advertising media, and providing general advertising services with a focus on outdoor advertising.
21GF Score
Get the complete analysis for TSE:378A
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:378A has been successfully added to your 
