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Zenhoren CoTSE:5845 -0.94%40 Return-on-Tangible-Asset is 5.91% as of Mar. 2026, which is 21% below its 10-year median of 7.48. GuruFocus rates TSE:5845 with a GF Score™ of 40/100 and a GF Value™ of 円886.05 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,094 Business Services companies, Zenhoren Co ranks better than 68.1% 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. Zenhoren Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円1,352 Mil. Zenhoren Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円22,862 Mil. Therefore, Zenhoren Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.91%.
The historical rank and industry rank for Zenhoren Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:5845'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.53 Med: 7.48 Max: 7.64
Current: 7.64
During the past 5 years, Zenhoren Co's highest Return-on-Tangible-Asset was 7.64%. The lowest was 3.53%. And the median was 7.48%.
TSE:5845's Return-on-Tangible-Asset is ranked better than 68.1% of 1094
companies
in the Business Services industry
Industry Median: 3.98
vs TSE:5845: 7.64
Zenhoren Co (TSE:5845) 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.
Zenhoren Co Return-on-Tangible-Asset Related Terms
Zenhoren Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Zenhoren 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:5845 vs CTAS, CPRT, GPN: Return-on-Tangible-Asset Comparison
For the Specialty Business Services subindustry, Zenhoren 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.
Zenhoren Co Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Zenhoren Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zenhoren 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 5.91% mean?
Zenhoren Co (TSE:5845) has a Return-on-Tangible-Asset of 5.91% 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 Zenhoren Co and its competitors. This is 21% below median its historical median of 7.48. Over the past decade, Zenhoren Co's Return-on-Tangible-Asset has ranged from 3.53 to 7.64. According to the industry distribution chart, Zenhoren Co ranks #349 out of 1094 companies in the Business Services industry, placing it in the top 31.9%.
Is Zenhoren Co's Return-on-Tangible-Asset too high?
Zenhoren Co's current Return-on-Tangible-Asset of 5.91% is 21% below median its 10-year median of 7.48. Over the past 10 years, this metric has ranged from a low of 3.53 to a high of 7.64. The Business Services industry median Return-on-Tangible-Asset is 3.98. Zenhoren Co's value of 5.91% is 48.5% above this industry median. Based on the distribution chart, Zenhoren Co ranks #349 out of 1094 companies in the Business Services industry, which is above the industry midpoint. Overall, Zenhoren Co has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zenhoren Co's Return-on-Tangible-Asset compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Zenhoren Co ranks #349 out of 1094 companies for Return-on-Tangible-Asset. This puts Zenhoren Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.98. Zenhoren Co's value of 5.91% is 48.5% above this benchmark. Historically, Zenhoren Co's own Return-on-Tangible-Asset has ranged from 3.53 to 7.64 over the past decade. While the company's 10-year median is 7.48 vs. the industry median of 3.98, Zenhoren 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.98, based on 1,094 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. Zenhoren Co's current Return-on-Tangible-Asset of 5.91% is 48.5% 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 Zenhoren Co and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zenhoren Co's current Return-on-Tangible-Asset is 5.91%, which is 21% below median its own 10-year median of 7.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenhoren Co stock overvalued right now?
Based on GuruFocus' analysis, Zenhoren Co (TSE:5845) is currently considered Significantly Overvalued. The stock's GF Value™ is 円886.05, compared to a current price of 円1,160.00 — trading 30.9% above its estimated fair value. The current Return-on-Tangible-Asset is 5.91%, which is 21% below median its 10-year median of 7.48 and 48.5% above the Business Services industry median of 3.98. Zenhoren Co's overall GF Score™ is 40/100 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 Zenhoren Co (TSE:5845), the current Return-on-Tangible-Asset is 5.91% 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 Zenhoren Co (TSE:5845) Overvalued in 2026?
Based on GuruFocus' analysis, Zenhoren Co stock appears to be overvalued.
The current stock price of 円1,160.00 is trading 30.9% above its estimated GF Value™ of 円886.05.
GuruFocus considers Zenhoren Co to be Significantly Overvalued.
Key valuation signals for TSE:5845:
Return-on-Tangible-Asset: 5.91% (21% below median its 10-year median of 7.48)
GF Value™: 円886.05 vs. price of 円1,160.00 (30.9% above fair value)
Industry Position: 48.5% above the Business Services median (#349 of 1094)
No single metric tells the full story. See the TSE:5845 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zenhoren Co Ltd is engaged in the rent liability guarantee business, providing rent guarantee services for residential properties with coverage of up to 24 months rent, including monthly rent, moving-out settlement fees, and tenant accident expense insurance. For business use, the Z-Business NEO service covers stores and offices with guarantees up to 24 months rent. The company also offers guarantees for parking lots and trunk rooms, the Z-value service for combined rent guarantee and fire insurance via smartphone, and Z-WEB/Z-WEB2.0 for centralized management by real estate companies. In addition, Zenhoren provides Z-College Support (tuition guarantee), enabling vocational schools and students to pay tuition fees in installments.
40GF Score
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