TV Asahi HoldingsTHDDY -0.68%76 Return-on-Tangible-Equity is -1.36% as of Mar. 2026. GuruFocus rates THDDY with a GF Score™ of 76/100 and a GF Value™ of $14.26 (Significantly Overvalued). Among 861 Media - Diversified companies, TV Asahi Holdings ranks better than 51.34% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. TV Asahi Holdings's annualized net income for the quarter that ended in Mar. 2026 was $-40 Mil. TV Asahi Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $2,932 Mil. Therefore, TV Asahi Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -1.36%.
The historical rank and industry rank for TV Asahi Holdings's Return-on-Tangible-Equity or its related term are showing as below:
THDDY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.55 Med: 5.1 Max: 7.67
Current: 5.71
During the past 13 years, TV Asahi Holdings's highest Return-on-Tangible-Equity was 7.67%. The lowest was 3.55%. And the median was 5.10%.
THDDY's Return-on-Tangible-Equity is ranked better than 51.34% of 861
companies
in the Media - Diversified industry
Industry Median: 5.42
vs THDDY: 5.71
TV Asahi Holdings (OTCPK:THDDY) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
TV Asahi Holdings Return-on-Tangible-Equity Related Terms
TV Asahi Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for TV Asahi Holdings's Return-on-Tangible-Equity 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.
THDDY vs NXST: Return-on-Tangible-Equity Comparison
For the Broadcasting subindustry, TV Asahi Holdings's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
TV Asahi Holdings Return-on-Tangible-Equity vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, TV Asahi Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where TV Asahi Holdings's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -1.36% mean?
TV Asahi Holdings (THDDY) has a Return-on-Tangible-Equity of -1.36% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on TV Asahi Holdings and its competitors. Over the past decade, TV Asahi Holdings' Return-on-Tangible-Equity has ranged from 3.55 to 7.67. According to the industry distribution chart, TV Asahi Holdings ranks #419 out of 861 companies in the Media - Diversified industry, placing it in the top 48.7%.
Is TV Asahi Holdings' Return-on-Tangible-Equity too high?
TV Asahi Holdings' current Return-on-Tangible-Equity is -1.36%. Over the past 10 years, this metric has ranged from a low of 3.55 to a high of 7.67. Based on the distribution chart, TV Asahi Holdings ranks #419 out of 861 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, TV Asahi Holdings has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TV Asahi Holdings' Return-on-Tangible-Equity compare to NXST?
According to the Media - Diversified industry distribution chart, TV Asahi Holdings ranks #419 out of 861 companies for Return-on-Tangible-Equity. This puts TV Asahi Holdings in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.42. Historically, TV Asahi Holdings' own Return-on-Tangible-Equity has ranged from 3.55 to 7.67 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-Equity for a Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.42, based on 861 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on TV Asahi Holdings and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TV Asahi Holdings's current Return-on-Tangible-Equity is -1.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TV Asahi Holdings stock overvalued right now?
Based on GuruFocus' analysis, TV Asahi Holdings (THDDY) is currently considered Significantly Overvalued. The stock's GF Value™ is $14.26, compared to a current price of $20.60 — trading 44.5% above its estimated fair value. The current Return-on-Tangible-Equity is -1.36%. TV Asahi Holdings' overall GF Score™ is 76/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For TV Asahi Holdings (THDDY), the current Return-on-Tangible-Equity is -1.36% 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 TV Asahi Holdings (THDDY) Overvalued in 2026?
Based on GuruFocus' analysis, TV Asahi Holdings stock appears to be overvalued.
The current stock price of $20.60 is trading 44.5% above its estimated GF Value™ of $14.26.
GuruFocus considers TV Asahi Holdings to be Significantly Overvalued.
Key valuation signals for THDDY:
Return-on-Tangible-Equity: -1.36%
GF Value™: $14.26 vs. price of $20.60 (44.5% above fair value)
No single metric tells the full story. See the THDDY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TV Asahi Holdings Corporation is a Japanese multimedia group. Ranging from its primary business of broadcast TV, the company owns and manages music publishing and miscellaneous businesses. The Television Broadcasting segment is involved in the production and broadcasting of TV programs. The Music Publishing segment attends to music copyrights and related rights as well as the artist management and recording businesses and through the Others segment, it is engaged in event management and the sale of digital goods such as DVDs. The company derives its revenue from TV Broadcasting Business.
76GF Score
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