Space Shower Skiyaki Holdings (TSE:4838) Return-on-Tangible-Asset: 4.25% (As of Mar. 2026) — Near Median

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TSE:4838 Space Shower Skiyaki Holdings Inc TSE:4838
67 GF Score
Price 円678.00
GF Value 円394.56
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Space Shower Skiyaki Holdings Return-on-Tangible-Asset?

Space Shower Skiyaki Holdings TSE:4838 +2.26% 67 Return-on-Tangible-Asset is 4.25% as of Mar. 2026, which is 4% above its 10-year median of 4.09. GuruFocus rates TSE:4838 with a GF Score™ of 67/100 and a GF Value™ of 円394.56 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,030 Media - Diversified companies, Space Shower Skiyaki Holdings ranks better than 85.05% 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. Space Shower Skiyaki Holdings's annualized Net Income for the quarter that ended in Mar. 2026 was 円606 Mil. Space Shower Skiyaki Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was 円14,265 Mil. Therefore, Space Shower Skiyaki Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.25%.

The historical rank and industry rank for Space Shower Skiyaki Holdings's Return-on-Tangible-Asset or its related term are showing as below:

TSE:4838' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.97   Med: 4.09   Max: 9.08
Current: 9.08

During the past 13 years, Space Shower Skiyaki Holdings's highest Return-on-Tangible-Asset was 9.08%. The lowest was -2.97%. And the median was 4.09%.

TSE:4838's Return-on-Tangible-Asset is ranked better than
85.05% of 1030 companies
in the Media - Diversified industry
Industry Median: 0.82 vs TSE:4838: 9.08

Space Shower Skiyaki Holdings  (TSE:4838) 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.


Space Shower Skiyaki Holdings Return-on-Tangible-Asset Related Terms


Space Shower Skiyaki Holdings Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Space Shower Skiyaki Holdings'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.

Space Shower Skiyaki Holdings Return-on-Tangible-Asset Chart

Space Shower Skiyaki Holdings 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 8.42 4.89 3.74 2.89 8.79

Space Shower Skiyaki Holdings 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 11.59 14.47 7.26 4.25

TSE:4838 vs NXST: Return-on-Tangible-Asset Comparison

For the Broadcasting subindustry, Space Shower Skiyaki Holdings'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.


Space Shower Skiyaki Holdings Return-on-Tangible-Asset vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Space Shower Skiyaki Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Space Shower Skiyaki Holdings's Return-on-Tangible-Asset falls into.


TSE:4838
67GF Score
Space Shower Skiyaki Holdings Inc TSE:4838
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Space Shower Skiyaki Holdings Return-on-Tangible-Asset Calculation

Space Shower Skiyaki Holdings'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 )
=1197.88/( (12285.88+14955.417)/ 2 )
=1197.88/13620.6485
=8.79 %

Space Shower Skiyaki Holdings'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 )
=605.9/( (13575.389+14955.417)/ 2 )
=605.9/14265.403
=4.25 %

* 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 4.25% mean?
Space Shower Skiyaki Holdings (TSE:4838) has a Return-on-Tangible-Asset of 4.25% 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 Space Shower Skiyaki Holdings and its competitors. This is near median its historical median of 4.09. According to the industry distribution chart, Space Shower Skiyaki Holdings ranks #154 out of 1030 companies in the Media - Diversified industry, placing it in the top 15%.
Is Space Shower Skiyaki Holdings' Return-on-Tangible-Asset too high?
Space Shower Skiyaki Holdings' current Return-on-Tangible-Asset of 4.25% is near median its 10-year median of 4.09. The Media - Diversified industry median Return-on-Tangible-Asset is 0.82. Space Shower Skiyaki Holdings' value of 4.25% is 418.3% above this industry median. Based on the distribution chart, Space Shower Skiyaki Holdings ranks #154 out of 1030 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Space Shower Skiyaki Holdings has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Space Shower Skiyaki Holdings' Return-on-Tangible-Asset compare to NXST?
According to the Media - Diversified industry distribution chart, Space Shower Skiyaki Holdings ranks #154 out of 1030 companies for Return-on-Tangible-Asset. This places Space Shower Skiyaki Holdings in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.82. Space Shower Skiyaki Holdings' value of 4.25% is 418.3% above this benchmark. While the company's 10-year median is 4.09 vs. the industry median of 0.82, Space Shower Skiyaki Holdings 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 1,030 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. Space Shower Skiyaki Holdings's current Return-on-Tangible-Asset of 4.25% is 418.3% 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 Space Shower Skiyaki Holdings 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. Space Shower Skiyaki Holdings's current Return-on-Tangible-Asset is 4.25%, which is near median its own 10-year median of 4.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Shower Skiyaki Holdings stock overvalued right now?
Based on GuruFocus' analysis, Space Shower Skiyaki Holdings (TSE:4838) is currently considered Significantly Overvalued. The stock's GF Value™ is 円394.56, compared to a current price of 円678.00 — trading 71.8% above its estimated fair value. The current Return-on-Tangible-Asset is 4.25%, which is near median its 10-year median of 4.09 and 418.3% above the Media - Diversified industry median of 0.82. Space Shower Skiyaki Holdings' overall GF Score™ is 67/100 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 Space Shower Skiyaki Holdings (TSE:4838), the current Return-on-Tangible-Asset is 4.25% 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 Space Shower Skiyaki Holdings (TSE:4838) Overvalued in 2026?

Based on GuruFocus' analysis, Space Shower Skiyaki Holdings stock appears to be overvalued. The current stock price of 円678.00 is trading 71.8% above its estimated GF Value™ of 円394.56. GuruFocus considers Space Shower Skiyaki Holdings to be Significantly Overvalued.

Key valuation signals for TSE:4838:

  • Return-on-Tangible-Asset: 4.25% (near median its 10-year median of 4.09)
  • GF Value™: 円394.56 vs. price of 円678.00 (71.8% above fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 418.3% above the Media - Diversified median (#154 of 1030)

No single metric tells the full story. See the TSE:4838 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Space Shower Skiyaki Holdings Business Description

Address 2-25-12 Dogenzaka, 7th Floor, Dogenzaka-dori, Shibuya-ku, Tokyo, JPN, 150-0043
Space Shower Skiyaki Holdings Inc Contents business, Solutions business company. The company brings together all of the knowledge within the group, including events, live music venues, artist management, labels and agents, pay-TV, on-demand, entertainment cafes, platforms, fan clubs, e-commerce and merchandising, alliances, distribution, and video production, to increase the added value of existing content through digital transformation and provide 360 degree solutions, thereby supporting the sustainable creative activities of artists and creators at each stage of their careers.
67GF Score

Get the complete analysis for TSE:4838

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

円678.00
Price
円394.56
GF Value