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Sakai Holdings CoTSE:9446 -1.02%69 Return-on-Tangible-Asset is 2.56% as of Mar. 2026, which is 2% below its 10-year median of 2.60. GuruFocus rates TSE:9446 with a GF Score™ of 69/100 and a GF Value™ of 円768.44 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 368 Telecommunication Services companies, Sakai Holdings Co ranks better than 57.61% 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. Sakai Holdings Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円485 Mil. Sakai Holdings Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円18,938 Mil. Therefore, Sakai Holdings Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.56%.
The historical rank and industry rank for Sakai Holdings Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:9446'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.44 Med: 2.6 Max: 6.46
Current: 4.86
During the past 13 years, Sakai Holdings Co's highest Return-on-Tangible-Asset was 6.46%. The lowest was 1.44%. And the median was 2.60%.
TSE:9446's Return-on-Tangible-Asset is ranked better than 57.61% of 368
companies
in the Telecommunication Services industry
Industry Median: 3.45
vs TSE:9446: 4.86
Sakai Holdings Co (TSE:9446) 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.
Sakai Holdings Co Return-on-Tangible-Asset Related Terms
Sakai Holdings Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sakai Holdings 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:9446 vs VZ, TMUS, T: Return-on-Tangible-Asset Comparison
For the Telecom Services subindustry, Sakai Holdings 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.
Sakai Holdings Co Return-on-Tangible-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Sakai Holdings Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sakai Holdings 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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 2.56% mean?
Sakai Holdings Co (TSE:9446) has a Return-on-Tangible-Asset of 2.56% 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 Sakai Holdings Co and its competitors. This is near median its historical median of 2.60. Over the past decade, Sakai Holdings Co's Return-on-Tangible-Asset has ranged from 1.44 to 6.46. According to the industry distribution chart, Sakai Holdings Co ranks #156 out of 368 companies in the Telecommunication Services industry, placing it in the top 42.4%.
Is Sakai Holdings Co's Return-on-Tangible-Asset too high?
Sakai Holdings Co's current Return-on-Tangible-Asset of 2.56% is near median its 10-year median of 2.60. Over the past 10 years, this metric has ranged from a low of 1.44 to a high of 6.46. The Telecommunication Services industry median Return-on-Tangible-Asset is 3.45. Sakai Holdings Co's value of 2.56% is 25.8% below this industry median. Based on the distribution chart, Sakai Holdings Co ranks #156 out of 368 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Sakai Holdings Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sakai Holdings Co's Return-on-Tangible-Asset compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Sakai Holdings Co ranks #156 out of 368 companies for Return-on-Tangible-Asset. This puts Sakai Holdings Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.45. Sakai Holdings Co's value of 2.56% is 25.8% below this benchmark. Historically, Sakai Holdings Co's own Return-on-Tangible-Asset has ranged from 1.44 to 6.46 over the past decade. While the company's 10-year median is 2.60 vs. the industry median of 3.45, Sakai Holdings Co 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 Telecommunication Services company?
The median Return-on-Tangible-Asset among Telecommunication Services companies is 3.45, based on 368 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. Sakai Holdings Co's current Return-on-Tangible-Asset of 2.56% is 25.8% 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 Sakai Holdings Co and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Asset is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sakai Holdings Co's current Return-on-Tangible-Asset is 2.56%, which is near median its own 10-year median of 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sakai Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Sakai Holdings Co (TSE:9446) is currently considered Modestly Undervalued. The stock's GF Value™ is 円768.44, compared to a current price of 円679.00 — trading 11.6% below its estimated fair value. The current Return-on-Tangible-Asset is 2.56%, which is near median its 10-year median of 2.60 and 25.8% below the Telecommunication Services industry median of 3.45. Sakai Holdings Co'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 Sakai Holdings Co (TSE:9446), the current Return-on-Tangible-Asset is 2.56% 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 Sakai Holdings Co (TSE:9446) Overvalued in 2026?
Based on GuruFocus' analysis, Sakai Holdings Co stock appears to be undervalued.
The current stock price of 円679.00 is trading 11.6% below its estimated GF Value™ of 円768.44.
GuruFocus considers Sakai Holdings Co to be Modestly Undervalued.
Key valuation signals for TSE:9446:
Return-on-Tangible-Asset: 2.56% (near median its 10-year median of 2.60)
GF Value™: 円768.44 vs. price of 円679.00 (11.6% below fair value)
Industry Position: 25.8% below the Telecommunication Services median (#156 of 368)
No single metric tells the full story. See the TSE:9446 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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