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Excite Holdings CoTSE:5571 72 Return-on-Tangible-Asset is 7.78% as of Mar. 2026, which is 27% below its 10-year median of 10.61. GuruFocus rates TSE:5571 with a GF Score™ of 72/100 and a GF Value™ of 円1,379.26 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,892 Software companies, Excite Holdings Co ranks better than 56.67% 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. Excite Holdings Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円529 Mil. Excite Holdings Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円6,797 Mil. Therefore, Excite Holdings Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.78%.
The historical rank and industry rank for Excite Holdings Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:5571'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.29 Med: 10.61 Max: 15.79
Current: 3.81
During the past 6 years, Excite Holdings Co's highest Return-on-Tangible-Asset was 15.79%. The lowest was 3.29%. And the median was 10.61%.
TSE:5571's Return-on-Tangible-Asset is ranked better than 56.67% of 2892
companies
in the Software industry
Industry Median: 2.05
vs TSE:5571: 3.81
Excite Holdings Co (TSE:5571) 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.
Excite Holdings Co Return-on-Tangible-Asset Related Terms
Excite Holdings Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Excite 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:5571 vs QH, SHOP, UBER: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, Excite 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.
Excite Holdings Co Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Excite Holdings Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Excite 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 7.78% mean?
Excite Holdings Co (TSE:5571) has a Return-on-Tangible-Asset of 7.78% 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 Excite Holdings Co and its competitors. This is 27% below median its historical median of 10.61. Over the past decade, Excite Holdings Co's Return-on-Tangible-Asset has ranged from 3.29 to 15.79. According to the industry distribution chart, Excite Holdings Co ranks #1253 out of 2892 companies in the Software industry, placing it in the top 43.3%.
Is Excite Holdings Co's Return-on-Tangible-Asset too high?
Excite Holdings Co's current Return-on-Tangible-Asset of 7.78% is 27% below median its 10-year median of 10.61. Over the past 10 years, this metric has ranged from a low of 3.29 to a high of 15.79. The Software industry median Return-on-Tangible-Asset is 2.05. Excite Holdings Co's value of 7.78% is 279.5% above this industry median. Based on the distribution chart, Excite Holdings Co ranks #1253 out of 2892 companies in the Software industry, which is above the industry midpoint. Overall, Excite Holdings Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Excite Holdings Co's Return-on-Tangible-Asset compare to QH and SHOP?
According to the Software industry distribution chart, Excite Holdings Co ranks #1253 out of 2892 companies for Return-on-Tangible-Asset. This puts Excite Holdings Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.05. Excite Holdings Co's value of 7.78% is 279.5% above this benchmark. Historically, Excite Holdings Co's own Return-on-Tangible-Asset has ranged from 3.29 to 15.79 over the past decade. While the company's 10-year median is 10.61 vs. the industry median of 2.05, Excite 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.05, based on 2,892 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. Excite Holdings Co's current Return-on-Tangible-Asset of 7.78% is 279.5% 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 Excite Holdings Co and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Excite Holdings Co's current Return-on-Tangible-Asset is 7.78%, which is 27% below median its own 10-year median of 10.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Excite Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Excite Holdings Co (TSE:5571) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,379.26, compared to a current price of 円1,013.00 — trading 26.6% below its estimated fair value. The current Return-on-Tangible-Asset is 7.78%, which is 27% below median its 10-year median of 10.61 and 279.5% above the Software industry median of 2.05. Excite Holdings Co's overall GF Score™ is 72/100 with 5 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 Excite Holdings Co (TSE:5571), the current Return-on-Tangible-Asset is 7.78% 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 Excite Holdings Co (TSE:5571) Overvalued in 2026?
Based on GuruFocus' analysis, Excite Holdings Co stock appears to be undervalued.
The current stock price of 円1,013.00 is trading 26.6% below its estimated GF Value™ of 円1,379.26.
GuruFocus considers Excite Holdings Co to be Modestly Undervalued.
Key valuation signals for TSE:5571:
Return-on-Tangible-Asset: 7.78% (27% below median its 10-year median of 10.61)
GF Value™: 円1,379.26 vs. price of 円1,013.00 (26.6% below fair value)
Industry Position: 279.5% above the Software median (#1253 of 2892)
No single metric tells the full story. See the TSE:5571 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Excite Holdings Co Ltd is engaged in the business management and related operations of group companies, platform business, broadband business, and SaaS/DX Business.
72GF Score
Get the complete analysis for TSE:5571
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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