TeamSpirit (TSE:4397) Equity-to-Asset: 0.27 (As of May. 2026) — 41% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

TSE:4397 TeamSpirit Inc TSE:4397
67 GF Score
Price 円397.00
GF Value 円588.72
Valuation Possible Value Trap
! 5 Warning Signs
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What is TeamSpirit Equity-to-Asset?

TeamSpirit TSE:4397 +1.28% 67 Equity-to-Asset is 0.27 as of May. 2026, which is 41% below its 10-year median of 0.46. GuruFocus rates TSE:4397 with a GF Score™ of 67/100 and a GF Value™ of 円588.72 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,894 Software companies, TeamSpirit ranks worse than 79.72% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TeamSpirit's Total Stockholders Equity for the quarter that ended in May. 2026 was 円1,336 Mil. TeamSpirit's Total Assets for the quarter that ended in May. 2026 was 円5,043 Mil. Therefore, TeamSpirit's Equity to Asset Ratio for the quarter that ended in May. 2026 was 0.27.

The historical rank and industry rank for TeamSpirit's Equity-to-Asset or its related term are showing as below:

TSE:4397' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06   Med: 0.46   Max: 0.51
Current: 0.27

During the past 10 years, the highest Equity to Asset Ratio of TeamSpirit was 0.51. The lowest was 0.06. And the median was 0.46.

TSE:4397's Equity-to-Asset is ranked worse than
79.72% of 2894 companies
in the Software industry
Industry Median: 0.55 vs TSE:4397: 0.27

TeamSpirit  (TSE:4397) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


TeamSpirit Equity-to-Asset Related Terms


TeamSpirit Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for TeamSpirit's Equity-to-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.

TeamSpirit Equity-to-Asset Chart

TeamSpirit Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.46 0.40 0.33 0.36

TeamSpirit Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 0.36 0.36 0.28 0.27

TSE:4397 vs CRM, SHOP, UBER: Equity-to-Asset Comparison

For the Software - Application subindustry, TeamSpirit's Equity-to-Asset, along with its competitors' market caps and Equity-to-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.


TeamSpirit Equity-to-Asset vs Software Industry

For the Software industry and Technology sector, TeamSpirit's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where TeamSpirit's Equity-to-Asset falls into.


TSE:4397
67GF Score
TeamSpirit Inc TSE:4397
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TeamSpirit Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

TeamSpirit's Equity to Asset Ratio for the fiscal year that ended in Aug. 2025 is calculated as

Equity to Asset (A: Aug. 2025 )=Total Stockholders Equity/Total Assets
=1623.923/4472.837
=0.36

TeamSpirit's Equity to Asset Ratio for the quarter that ended in May. 2026 is calculated as

Equity to Asset (Q: May. 2026 )=Total Stockholders Equity/Total Assets
=1336.361/5042.813
=0.27

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.27 mean?
TeamSpirit (TSE:4397) has a Equity-to-Asset of 0.27 as of May. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on TeamSpirit and its competitors. This is 41% below median its historical median of 0.46. Over the past decade, TeamSpirit's Equity-to-Asset has ranged from 0.06 to 0.51. According to the industry distribution chart, TeamSpirit ranks #2307 out of 2894 companies in the Software industry, placing it in the top 79.7%.
Is TeamSpirit's Equity-to-Asset too high?
TeamSpirit's current Equity-to-Asset of 0.27 is 41% below median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.51. The Software industry median Equity-to-Asset is 0.55. TeamSpirit's value of 0.27 is 50.9% below this industry median. Based on the distribution chart, TeamSpirit ranks #2307 out of 2894 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, TeamSpirit has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TeamSpirit's Equity-to-Asset compare to CRM and SHOP?
According to the Software industry distribution chart, TeamSpirit ranks #2307 out of 2894 companies for Equity-to-Asset. This places TeamSpirit in the lower half of its industry. The industry median Equity-to-Asset is 0.55. TeamSpirit's value of 0.27 is 50.9% below this benchmark. Historically, TeamSpirit's own Equity-to-Asset has ranged from 0.06 to 0.51 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.55, TeamSpirit 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 Equity-to-Asset for a Software company?
The median Equity-to-Asset among Software companies is 0.55, based on 2,894 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TeamSpirit's current Equity-to-Asset of 0.27 is 50.9% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on TeamSpirit and its competitors. For the Software industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TeamSpirit's current Equity-to-Asset is 0.27, which is 41% below median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TeamSpirit stock overvalued right now?
Based on GuruFocus' analysis, TeamSpirit (TSE:4397) is currently considered Possible Value Trap. The stock's GF Value™ is 円588.72, compared to a current price of 円397.00 — trading 32.6% below its estimated fair value. The current Equity-to-Asset is 0.27, which is 41% below median its 10-year median of 0.46 and 50.9% below the Software industry median of 0.55. TeamSpirit's overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For TeamSpirit (TSE:4397), the current Equity-to-Asset is 0.27 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 TeamSpirit (TSE:4397) Overvalued in 2026?

Based on GuruFocus' analysis, TeamSpirit stock appears to be undervalued. The current stock price of 円397.00 is trading 32.6% below its estimated GF Value™ of 円588.72. GuruFocus considers TeamSpirit to be Possible Value Trap.

Key valuation signals for TSE:4397:

  • Equity-to-Asset: 0.27 (41% below median its 10-year median of 0.46)
  • GF Value™: 円588.72 vs. price of 円397.00 (32.6% below fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 50.9% below the Software median (#2307 of 2894)

No single metric tells the full story. See the TSE:4397 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TeamSpirit Business Description

Address 2-1-6 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 104-0031
TeamSpirit Inc provides Software-as-a-Service (SaaS) solutions, including the TeamSpirit platform, for business customers. It offers Team Success Platform, a SaaS solution that aims to improve the productivity of human capital from the perspective of maximizing team capabilities. The company also provides professional services related to the implementation and operation of its SaaS solutions.
67GF Score

Get the complete analysis for TSE:4397

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円397.00
Price
円588.72
GF Value