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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.
On The PageTSE:9160 -0.91%69 Return-on-Tangible-Asset is -1.93% as of Mar. 2026. GuruFocus rates TSE:9160 with a GF Score™ of 69/100 and a GF Value™ of 円546.43 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 96 Personal Services companies, On The Page ranks better than 61.46% 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. On The Page's annualizedNet Income for the quarter that ended in Mar. 2026 was 円-490 Mil. On The Page's average total tangible assets for the quarter that ended in Mar. 2026 was 円25,309 Mil. Therefore, On The Page's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -1.93%.
The historical rank and industry rank for On The Page's Return-on-Tangible-Asset or its related term are showing as below:
TSE:9160'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.99 Med: 5.53 Max: 12.49
Current: 5.22
During the past 12 years, On The Page's highest Return-on-Tangible-Asset was 12.49%. The lowest was 2.99%. And the median was 5.53%.
TSE:9160's Return-on-Tangible-Asset is ranked better than 61.46% of 96
companies
in the Personal Services industry
Industry Median: 2.705
vs TSE:9160: 5.22
On The Page (TSE:9160) 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.
On The Page Return-on-Tangible-Asset Related Terms
On The Page Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for On The Page'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:9160 vs ROL, SCI, HRB: Return-on-Tangible-Asset Comparison
For the Personal Services subindustry, On The Page'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.
On The Page Return-on-Tangible-Asset vs Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, On The Page's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where On The Page'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 -1.93% mean?
On The Page (TSE:9160) has a Return-on-Tangible-Asset of -1.93% 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 On The Page and its competitors. Over the past decade, On The Page's Return-on-Tangible-Asset has ranged from 2.99 to 12.49. According to the industry distribution chart, On The Page ranks #37 out of 96 companies in the Personal Services industry, placing it in the top 38.5%.
Is On The Page's Return-on-Tangible-Asset too high?
On The Page's current Return-on-Tangible-Asset is -1.93%. Over the past 10 years, this metric has ranged from a low of 2.99 to a high of 12.49. Based on the distribution chart, On The Page ranks #37 out of 96 companies in the Personal Services industry, which is above the industry midpoint. Overall, On The Page has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does On The Page's Return-on-Tangible-Asset compare to ROL and SCI?
According to the Personal Services industry distribution chart, On The Page ranks #37 out of 96 companies for Return-on-Tangible-Asset. This puts On The Page in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.71. Historically, On The Page's own Return-on-Tangible-Asset has ranged from 2.99 to 12.49 over the past decade. 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 Personal Services company?
The median Return-on-Tangible-Asset among Personal Services companies is 2.71, based on 96 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. 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 On The Page and its competitors. For the Personal Services industry, the median Return-on-Tangible-Asset is 2.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. On The Page's current Return-on-Tangible-Asset is -1.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is On The Page stock overvalued right now?
Based on GuruFocus' analysis, On The Page (TSE:9160) is currently considered Possible Value Trap. The stock's GF Value™ is 円546.43, compared to a current price of 円328.00 — trading 40% below its estimated fair value. The current Return-on-Tangible-Asset is -1.93%. On The Page's overall GF Score™ is 69/100 with 6 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 On The Page (TSE:9160), the current Return-on-Tangible-Asset is -1.93% 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 On The Page (TSE:9160) Overvalued in 2026?
Based on GuruFocus' analysis, On The Page stock appears to be undervalued.
The current stock price of 円328.00 is trading 40% below its estimated GF Value™ of 円546.43.
GuruFocus considers On The Page to be Possible Value Trap.
Key valuation signals for TSE:9160:
Return-on-Tangible-Asset: -1.93%
GF Value™: 円546.43 vs. price of 円328.00 (40% below fair value)
No single metric tells the full story. See the TSE:9160 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
On The Page Inc offers 'Guest House' wedding services. The Company provides rental services for wedding clothing and accessories and operates restaurant business including wedding-food catering services. The services of the company include wedding planning, wedding costume business, restaurant business, hotel business, banquet business, hair and makeup business, photography, video production, floral arrangement, and other related services.
69GF Score
Get the complete analysis for TSE:9160
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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