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.
Resol Holdings CoTSE:5261 -1.38%76 Return-on-Tangible-Asset is 6.35% as of Mar. 2026, which is 67% above its 10-year median of 3.81. GuruFocus rates TSE:5261 with a GF Score™ of 76/100 and a GF Value™ of 円6,552.96 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 857 Travel & Leisure companies, Resol Holdings Co ranks better than 71.06% 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. Resol Holdings Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円2,730 Mil. Resol Holdings Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円42,978 Mil. Therefore, Resol Holdings Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.35%.
The historical rank and industry rank for Resol Holdings Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:5261'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.29 Med: 3.81 Max: 6.32
Current: 6.32
During the past 13 years, Resol Holdings Co's highest Return-on-Tangible-Asset was 6.32%. The lowest was 0.29%. And the median was 3.81%.
TSE:5261's Return-on-Tangible-Asset is ranked better than 71.06% of 857
companies
in the Travel & Leisure industry
Industry Median: 2.86
vs TSE:5261: 6.32
Resol Holdings Co (TSE:5261) 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.
Resol Holdings Co Return-on-Tangible-Asset Related Terms
Resol Holdings Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Resol Holdings 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:5261 vs LVS, MGM, WYNN: Return-on-Tangible-Asset Comparison
For the Resorts & Casinos subindustry, Resol Holdings 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.
Resol Holdings Co Return-on-Tangible-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Resol Holdings Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Resol Holdings 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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 6.35% mean?
Resol Holdings Co (TSE:5261) has a Return-on-Tangible-Asset of 6.35% 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 Resol Holdings Co and its competitors. This is 67% above median its historical median of 3.81. Over the past decade, Resol Holdings Co's Return-on-Tangible-Asset has ranged from 0.29 to 6.32. According to the industry distribution chart, Resol Holdings Co ranks #248 out of 857 companies in the Travel & Leisure industry, placing it in the top 28.9%.
Is Resol Holdings Co's Return-on-Tangible-Asset too high?
Resol Holdings Co's current Return-on-Tangible-Asset of 6.35% is 67% above median its 10-year median of 3.81. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 6.32. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.86. Resol Holdings Co's value of 6.35% is 122% above this industry median. Based on the distribution chart, Resol Holdings Co ranks #248 out of 857 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Resol Holdings Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Resol Holdings Co's Return-on-Tangible-Asset compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Resol Holdings Co ranks #248 out of 857 companies for Return-on-Tangible-Asset. This puts Resol Holdings Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.86. Resol Holdings Co's value of 6.35% is 122% above this benchmark. Historically, Resol Holdings Co's own Return-on-Tangible-Asset has ranged from 0.29 to 6.32 over the past decade. While the company's 10-year median is 3.81 vs. the industry median of 2.86, Resol Holdings 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.86, based on 857 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. Resol Holdings Co's current Return-on-Tangible-Asset of 6.35% is 122% 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 Resol Holdings Co and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Resol Holdings Co's current Return-on-Tangible-Asset is 6.35%, which is 67% above median its own 10-year median of 3.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Resol Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Resol Holdings Co (TSE:5261) is currently considered Modestly Overvalued. The stock's GF Value™ is 円6,552.96, compared to a current price of 円7,870.00 — trading 20.1% above its estimated fair value. The current Return-on-Tangible-Asset is 6.35%, which is 67% above median its 10-year median of 3.81 and 122% above the Travel & Leisure industry median of 2.86. Resol Holdings Co's overall GF Score™ is 76/100 with 1 warning sign 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 Resol Holdings Co (TSE:5261), the current Return-on-Tangible-Asset is 6.35% 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 Resol Holdings Co (TSE:5261) Overvalued in 2026?
Based on GuruFocus' analysis, Resol Holdings Co stock appears to be overvalued.
The current stock price of 円7,870.00 is trading 20.1% above its estimated GF Value™ of 円6,552.96.
GuruFocus considers Resol Holdings Co to be Modestly Overvalued.
Key valuation signals for TSE:5261:
Return-on-Tangible-Asset: 6.35% (67% above median its 10-year median of 3.81)
GF Value™: 円6,552.96 vs. price of 円7,870.00 (20.1% above fair value)
Industry Position: 122% above the Travel & Leisure median (#248 of 857)
No single metric tells the full story. See the TSE:5261 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:5261 has been successfully added to your 
