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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. Hotel Newgrand Co's annualizedNet Income for the quarter that ended in May. 2026 was 円1,070 Mil. Hotel Newgrand Co's average total tangible assets for the quarter that ended in May. 2026 was 円8,852 Mil. Therefore, Hotel Newgrand Co's annualized Return-on-Tangible-Asset for the quarter that ended in May. 2026 was 12.09%.
The historical rank and industry rank for Hotel Newgrand Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:9720'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -39.95 Med: -0.49 Max: 16.67
Current: 4.16
During the past 13 years, Hotel Newgrand Co's highest Return-on-Tangible-Asset was 16.67%. The lowest was -39.95%. And the median was -0.49%.
TSE:9720's Return-on-Tangible-Asset is ranked better than 60.09% of 857
companies
in the Travel & Leisure industry
Industry Median: 2.83
vs TSE:9720: 4.16
Hotel Newgrand Co (TSE:9720) 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.
Hotel Newgrand Co Return-on-Tangible-Asset Related Terms
Hotel Newgrand Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Hotel Newgrand 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:9720 vs MAR, HLT, H: Return-on-Tangible-Asset Comparison
For the Lodging subindustry, Hotel Newgrand 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.
Hotel Newgrand Co Return-on-Tangible-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Hotel Newgrand Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hotel Newgrand 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 two times the semi-annual (May. 2026) net income data.
What does a Return-on-Tangible-Asset of 12.09% mean?
Hotel Newgrand Co (TSE:9720) has a Return-on-Tangible-Asset of 12.09% 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 Hotel Newgrand Co and its competitors. According to the industry distribution chart, Hotel Newgrand Co ranks #342 out of 857 companies in the Travel & Leisure industry, placing it in the top 39.9%.
Is Hotel Newgrand Co's Return-on-Tangible-Asset too high?
Hotel Newgrand Co's current Return-on-Tangible-Asset is 12.09%. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.83. Hotel Newgrand Co's value of 12.09% is 327.2% above this industry median. Based on the distribution chart, Hotel Newgrand Co ranks #342 out of 857 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Hotel Newgrand Co has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hotel Newgrand Co's Return-on-Tangible-Asset compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Hotel Newgrand Co ranks #342 out of 857 companies for Return-on-Tangible-Asset. This puts Hotel Newgrand Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.83. Hotel Newgrand Co's value of 12.09% is 327.2% above this benchmark. 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.83, based on 857 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. Hotel Newgrand Co's current Return-on-Tangible-Asset of 12.09% is 327.2% 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 Hotel Newgrand Co and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hotel Newgrand Co's current Return-on-Tangible-Asset is 12.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hotel Newgrand Co stock overvalued right now?
Based on GuruFocus' analysis, Hotel Newgrand Co (TSE:9720) is currently considered Fairly Valued. The stock's GF Value™ is 円6,728.86, compared to a current price of 円6,330.00 — trading 5.9% below its estimated fair value. The current Return-on-Tangible-Asset is 12.09% and 327.2% above the Travel & Leisure industry median of 2.83. Hotel Newgrand Co's overall GF Score™ is 67/100 with 3 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 Hotel Newgrand Co (TSE:9720), the current Return-on-Tangible-Asset is 12.09% 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 Hotel Newgrand Co (TSE:9720) Overvalued in 2026?
Based on GuruFocus' analysis, Hotel Newgrand Co stock appears to be undervalued.
The current stock price of 円6,330.00 is trading 5.9% below its estimated GF Value™ of 円6,728.86.
GuruFocus considers Hotel Newgrand Co to be Fairly Valued.
Key valuation signals for TSE:9720:
Return-on-Tangible-Asset: 12.09%
GF Value™: 円6,728.86 vs. price of 円6,330.00 (5.9% below fair value)
Industry Position: 327.2% above the Travel & Leisure median (#342 of 857)
No single metric tells the full story. See the TSE:9720 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hotel Newgrand Co Ltd is engaged in lodging operations. The company operates restaurants, hotels and food and beverage facilities, and real estate rentals with different accommodation plans and rooms.
67GF Score
Get the complete analysis for TSE:9720
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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