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Seibu HoldingsTSE:9024 +2.14%64 Return-on-Tangible-Asset is 1.65% as of Mar. 2026, which is 32% below its 10-year median of 2.43. GuruFocus rates TSE:9024 with a GF Score™ of 64/100 and a GF Value™ of 円2,965.99 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 559 Conglomerates companies, Seibu Holdings ranks worse than 52.59% 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. Seibu Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was 円27,064 Mil. Seibu Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was 円1,642,496 Mil. Therefore, Seibu Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.65%.
The historical rank and industry rank for Seibu Holdings's Return-on-Tangible-Asset or its related term are showing as below:
TSE:9024'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.3 Med: 2.43 Max: 15.12
Current: 2.35
During the past 13 years, Seibu Holdings's highest Return-on-Tangible-Asset was 15.12%. The lowest was -4.30%. And the median was 2.43%.
TSE:9024's Return-on-Tangible-Asset is ranked worse than 52.59% of 559
companies
in the Conglomerates industry
Industry Median: 2.73
vs TSE:9024: 2.35
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.
Seibu Holdings Return-on-Tangible-Asset Related Terms
Seibu Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Seibu 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.
TSE:9024 vs MMM, HON: Return-on-Tangible-Asset Comparison
For the Conglomerates subindustry, Seibu 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.
Seibu Holdings Return-on-Tangible-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Seibu Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Seibu Holdings'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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.65% mean?
Seibu Holdings (TSE:9024) has a Return-on-Tangible-Asset of 1.65% 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 Seibu Holdings and its competitors. This is 32% below median its historical median of 2.43. According to the industry distribution chart, Seibu Holdings ranks #294 out of 559 companies in the Conglomerates industry, placing it in the top 52.6%.
Is Seibu Holdings' Return-on-Tangible-Asset too high?
Seibu Holdings' current Return-on-Tangible-Asset of 1.65% is 32% below median its 10-year median of 2.43. The Conglomerates industry median Return-on-Tangible-Asset is 2.73. Seibu Holdings' value of 1.65% is 39.6% below this industry median. Based on the distribution chart, Seibu Holdings ranks #294 out of 559 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Seibu Holdings has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seibu Holdings' Return-on-Tangible-Asset compare to MMM and HON?
According to the Conglomerates industry distribution chart, Seibu Holdings ranks #294 out of 559 companies for Return-on-Tangible-Asset. This places Seibu Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.73. Seibu Holdings' value of 1.65% is 39.6% below this benchmark. While the company's 10-year median is 2.43 vs. the industry median of 2.73, Seibu Holdings has consistently been below 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 Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.73, based on 559 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. Seibu Holdings's current Return-on-Tangible-Asset of 1.65% is 39.6% below 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 Seibu Holdings and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seibu Holdings's current Return-on-Tangible-Asset is 1.65%, which is 32% below median its own 10-year median of 2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seibu Holdings stock overvalued right now?
Based on GuruFocus' analysis, Seibu Holdings (TSE:9024) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,965.99, compared to a current price of 円3,341.00 — trading 12.6% above its estimated fair value. The current Return-on-Tangible-Asset is 1.65%, which is 32% below median its 10-year median of 2.43 and 39.6% below the Conglomerates industry median of 2.73. Seibu Holdings' overall GF Score™ is 64/100 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 Seibu Holdings (TSE:9024), the current Return-on-Tangible-Asset is 1.65% 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 Seibu Holdings (TSE:9024) Overvalued in 2026?
Based on GuruFocus' analysis, Seibu Holdings stock appears to be overvalued.
The current stock price of 円3,341.00 is trading 12.6% above its estimated GF Value™ of 円2,965.99.
GuruFocus considers Seibu Holdings to be Modestly Overvalued.
Key valuation signals for TSE:9024:
Return-on-Tangible-Asset: 1.65% (32% below median its 10-year median of 2.43)
GF Value™: 円2,965.99 vs. price of 円3,341.00 (12.6% above fair value)
Industry Position: 39.6% below the Conglomerates median (#294 of 559)
No single metric tells the full story. See the TSE:9024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Seibu Holdings Inc is a holding company based in Japan. The company and its subsidiaries operate in urban transportation and regional, hotel and leisure, real estate, construction, Hawaii business and other businesses segments. The activities of these segments encompass railway and bus operations from Seibu Railway and Seibu bus, operations of resort hotels, golf courses, ski resorts and leisure facilities, leasing business, insurance agency, asset management, construction business, the operation of Hawaii Prince Hotel Waikiki, passenger rail services, bus, and taxi services.
64GF Score
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