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Bookoff Group HoldingsTSE:9278 -0.54%66 Return-on-Tangible-Asset is 2.92% as of May. 2026, which is 21% below its 10-year median of 3.70. GuruFocus rates TSE:9278 with a GF Score™ of 66/100 and a GF Value™ of 円1,851.52 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,139 Retail - Cyclical companies, Bookoff Group Holdings ranks better than 62.07% 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. Bookoff Group Holdings's annualizedNet Income for the quarter that ended in May. 2026 was 円1,704 Mil. Bookoff Group Holdings's average total tangible assets for the quarter that ended in May. 2026 was 円58,352 Mil. Therefore, Bookoff Group Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in May. 2026 was 2.92%.
The historical rank and industry rank for Bookoff Group Holdings's Return-on-Tangible-Asset or its related term are showing as below:
TSE:9278'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.17 Med: 3.7 Max: 6.07
Current: 4.87
During the past 8 years, Bookoff Group Holdings's highest Return-on-Tangible-Asset was 6.07%. The lowest was -0.17%. And the median was 3.70%.
TSE:9278's Return-on-Tangible-Asset is ranked better than 62.07% of 1139
companies
in the Retail - Cyclical industry
Industry Median: 2.99
vs TSE:9278: 4.87
Bookoff Group Holdings (TSE:9278) 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.
Bookoff Group Holdings Return-on-Tangible-Asset Related Terms
Bookoff Group Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Bookoff Group 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.
Bookoff Group Holdings Return-on-Tangible-Asset Chart
TSE:9278 vs CASY, WSM, ULTA: Return-on-Tangible-Asset Comparison
For the Specialty Retail subindustry, Bookoff Group 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.
Bookoff Group Holdings Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Bookoff Group Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Bookoff Group 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 (May. 2026) net income data.
What does a Return-on-Tangible-Asset of 2.92% mean?
Bookoff Group Holdings (TSE:9278) has a Return-on-Tangible-Asset of 2.92% as of May. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Bookoff Group Holdings and its competitors. This is 21% below median its historical median of 3.70. According to the industry distribution chart, Bookoff Group Holdings ranks #432 out of 1139 companies in the Retail - Cyclical industry, placing it in the top 37.9%.
Is Bookoff Group Holdings' Return-on-Tangible-Asset too high?
Bookoff Group Holdings' current Return-on-Tangible-Asset of 2.92% is 21% below median its 10-year median of 3.70. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.99. Bookoff Group Holdings' value of 2.92% is 2.3% below this industry median. Based on the distribution chart, Bookoff Group Holdings ranks #432 out of 1139 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Bookoff Group Holdings has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bookoff Group Holdings' Return-on-Tangible-Asset compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Bookoff Group Holdings ranks #432 out of 1139 companies for Return-on-Tangible-Asset. This puts Bookoff Group Holdings in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.99. Bookoff Group Holdings' value of 2.92% is 2.3% below this benchmark. While the company's 10-year median is 3.70 vs. the industry median of 2.99, Bookoff Group 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 Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 2.99, based on 1,139 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. Bookoff Group Holdings's current Return-on-Tangible-Asset of 2.92% is 2.3% 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 Bookoff Group Holdings and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bookoff Group Holdings's current Return-on-Tangible-Asset is 2.92%, which is 21% below median its own 10-year median of 3.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bookoff Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Bookoff Group Holdings (TSE:9278) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,851.52, compared to a current price of 円2,955.00 — trading 59.6% above its estimated fair value. The current Return-on-Tangible-Asset is 2.92%, which is 21% below median its 10-year median of 3.70 and 2.3% below the Retail - Cyclical industry median of 2.99. Bookoff Group Holdings' overall GF Score™ is 66/100 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 Bookoff Group Holdings (TSE:9278), the current Return-on-Tangible-Asset is 2.92% as of May. 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 Bookoff Group Holdings (TSE:9278) Overvalued in 2026?
Based on GuruFocus' analysis, Bookoff Group Holdings stock appears to be overvalued.
The current stock price of 円2,955.00 is trading 59.6% above its estimated GF Value™ of 円1,851.52.
GuruFocus considers Bookoff Group Holdings to be Significantly Overvalued.
Key valuation signals for TSE:9278:
Return-on-Tangible-Asset: 2.92% (21% below median its 10-year median of 3.70)
GF Value™: 円1,851.52 vs. price of 円2,955.00 (59.6% above fair value)
Industry Position: 2.3% below the Retail - Cyclical median (#432 of 1139)
No single metric tells the full story. See the TSE:9278 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bookoff Group Holdings Ltd purchases and sells books, software, apparel, sporting goods, baby goods, watches, luxury-brand bags, precious metals, kitchenware, and household goods through its stores, which include BOOKOFF SUPER BAZAAR stores and BOOKOFF PLUS stores. The company's business segments are Reuse Store Business, BOOKOFF Online Business, HUGALL Business, and Packaged Media Business.
66GF Score
Get the complete analysis for TSE:9278
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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