Anicom Holdings (TSE:8715) Return-on-Tangible-Asset: 4.36% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:8715 Anicom Holdings Inc TSE:8715
82 GF Score
Price 円1,202.00
GF Value 円868.55
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Anicom Holdings Return-on-Tangible-Asset?

Anicom Holdings TSE:8715 -0.91% 82 Return-on-Tangible-Asset is 4.36% as of Mar. 2026, which is 2% above its 10-year median of 4.28. GuruFocus rates TSE:8715 with a GF Score™ of 82/100 and a GF Value™ of 円868.55 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 506 Insurance companies, Anicom Holdings ranks better than 54.74% 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. Anicom Holdings's annualized Net Income for the quarter that ended in Mar. 2026 was 円3,112 Mil. Anicom Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was 円71,373 Mil. Therefore, Anicom Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.36%.

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

TSE:8715' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.11   Med: 4.28   Max: 6.02
Current: 3.14

During the past 13 years, Anicom Holdings's highest Return-on-Tangible-Asset was 6.02%. The lowest was 3.11%. And the median was 4.28%.

TSE:8715's Return-on-Tangible-Asset is ranked better than
54.74% of 506 companies
in the Insurance industry
Industry Median: 2.745 vs TSE:8715: 3.14

Anicom Holdings  (TSE:8715) 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.


Anicom Holdings Return-on-Tangible-Asset Related Terms


Anicom Holdings Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Anicom 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.

Anicom Holdings Return-on-Tangible-Asset Chart

Anicom 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 3.94 4.03 4.52 4.96 3.11

Anicom Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 3.99 3.80 4.48 -0.02 4.36

TSE:8715 vs CB, PGR, TRV: Return-on-Tangible-Asset Comparison

For the Insurance - Property & Casualty subindustry, Anicom 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.


Anicom Holdings Return-on-Tangible-Asset vs Insurance Industry

For the Insurance industry and Financial Services sector, Anicom Holdings's Return-on-Tangible-Asset distribution charts can be found below:

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


TSE:8715
82GF Score
Anicom Holdings Inc TSE:8715
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anicom Holdings Return-on-Tangible-Asset Calculation

Anicom 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 )
=2204/( (68553+73036)/ 2 )
=2204/70794.5
=3.11 %

Anicom 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 )
=3112/( (69709+73036)/ 2 )
=3112/71372.5
=4.36 %

* 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 4.36% mean?
Anicom Holdings (TSE:8715) has a Return-on-Tangible-Asset of 4.36% 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 Anicom Holdings and its competitors. This is near median its historical median of 4.28. Over the past decade, Anicom Holdings' Return-on-Tangible-Asset has ranged from 3.11 to 6.02. According to the industry distribution chart, Anicom Holdings ranks #229 out of 506 companies in the Insurance industry, placing it in the top 45.3%.
Is Anicom Holdings' Return-on-Tangible-Asset too high?
Anicom Holdings' current Return-on-Tangible-Asset of 4.36% is near median its 10-year median of 4.28. Over the past 10 years, this metric has ranged from a low of 3.11 to a high of 6.02. The Insurance industry median Return-on-Tangible-Asset is 2.75. Anicom Holdings' value of 4.36% is 58.8% above this industry median. Based on the distribution chart, Anicom Holdings ranks #229 out of 506 companies in the Insurance industry, which is above the industry midpoint. Overall, Anicom Holdings has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anicom Holdings' Return-on-Tangible-Asset compare to CB and PGR?
According to the Insurance industry distribution chart, Anicom Holdings ranks #229 out of 506 companies for Return-on-Tangible-Asset. This puts Anicom Holdings in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.75. Anicom Holdings' value of 4.36% is 58.8% above this benchmark. Historically, Anicom Holdings' own Return-on-Tangible-Asset has ranged from 3.11 to 6.02 over the past decade. While the company's 10-year median is 4.28 vs. the industry median of 2.75, Anicom 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 an Insurance company?
The median Return-on-Tangible-Asset among Insurance companies is 2.75, based on 506 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. Anicom Holdings's current Return-on-Tangible-Asset of 4.36% is 58.8% 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 Anicom Holdings and its competitors. For the Insurance industry, the median Return-on-Tangible-Asset is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anicom Holdings's current Return-on-Tangible-Asset is 4.36%, which is near median its own 10-year median of 4.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anicom Holdings stock overvalued right now?
Based on GuruFocus' analysis, Anicom Holdings (TSE:8715) is currently considered Significantly Overvalued. The stock's GF Value™ is 円868.55, compared to a current price of 円1,202.00 — trading 38.4% above its estimated fair value. The current Return-on-Tangible-Asset is 4.36%, which is near median its 10-year median of 4.28 and 58.8% above the Insurance industry median of 2.75. Anicom Holdings' overall GF Score™ is 82/100 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 Anicom Holdings (TSE:8715), the current Return-on-Tangible-Asset is 4.36% 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 Anicom Holdings (TSE:8715) Overvalued in 2026?

Based on GuruFocus' analysis, Anicom Holdings stock appears to be overvalued. The current stock price of 円1,202.00 is trading 38.4% above its estimated GF Value™ of 円868.55. GuruFocus considers Anicom Holdings to be Significantly Overvalued.

Key valuation signals for TSE:8715:

  • Return-on-Tangible-Asset: 4.36% (near median its 10-year median of 4.28)
  • GF Value™: 円868.55 vs. price of 円1,202.00 (38.4% above fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 58.8% above the Insurance median (#229 of 506)

No single metric tells the full story. See the TSE:8715 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anicom Holdings Business Description

Address 2nd Floor Arimino Buillding, 1-5-22 Shimoochiai, Shinjuku-ku, Tokyo, JPN, 161-0033
Anicom Holdings Inc is a Japanese company engaged in the operation and management of its subsidiaries and its ancillary businesses. The business segments of the company are, Property and casualty insurance, Veterinary hospital support, and Others segments. Through the Property and casualty insurance segment, the company offers insurance underwriting and asset management services for pet insurance. The Veterinary hospital support segment related to the development, selling, and supporting medical record management. The Others segment includes insurance, advance medical care for small animals, and research projects.
82GF Score

Get the complete analysis for TSE:8715

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

円1,202.00
Price
円868.55
GF Value