Japan Securities Finance CoJSFNF 65 Return-on-Tangible-Asset is 0.06% as of Mar. 2026, which is 14% below its 10-year median of 0.07. GuruFocus rates JSFNF with a GF Score™ of 65/100 and a GF Value™ of $3.98. The stock has 4 warning signs investors should review. Among 545 Credit Services companies, Japan Securities Finance Co ranks worse than 74.86% 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. Japan Securities Finance Co's annualizedNet Income for the quarter that ended in Mar. 2026 was $62.7 Mil. Japan Securities Finance Co's average total tangible assets for the quarter that ended in Mar. 2026 was $99,902.5 Mil. Therefore, Japan Securities Finance Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.06%.
The historical rank and industry rank for Japan Securities Finance Co's Return-on-Tangible-Asset or its related term are showing as below:
JSFNF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.04 Med: 0.07 Max: 0.09
Current: 0.07
During the past 13 years, Japan Securities Finance Co's highest Return-on-Tangible-Asset was 0.09%. The lowest was 0.04%. And the median was 0.07%.
JSFNF's Return-on-Tangible-Asset is ranked worse than 74.86% of 545
companies
in the Credit Services industry
Industry Median: 1.92
vs JSFNF: 0.07
Japan Securities Finance Co (OTCPK:JSFNF) 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.
Japan Securities Finance Co Return-on-Tangible-Asset Related Terms
Japan Securities Finance Co Return-on-Tangible-Asset Historical Data
* 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.
Japan Securities Finance Co Return-on-Tangible-Asset Chart
JSFNF vs V, MA, AXP: Return-on-Tangible-Asset Comparison
For the Credit Services subindustry, Japan Securities Finance 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.
Japan Securities Finance Co Return-on-Tangible-Asset vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Japan Securities Finance Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Japan Securities Finance 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 0.06% mean?
Japan Securities Finance Co (JSFNF) has a Return-on-Tangible-Asset of 0.06% 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 Japan Securities Finance Co and its competitors. This is 14% below median its historical median of 0.07. Over the past decade, Japan Securities Finance Co's Return-on-Tangible-Asset has ranged from 0.04 to 0.09. According to the industry distribution chart, Japan Securities Finance Co ranks #408 out of 545 companies in the Credit Services industry, placing it in the top 74.9%.
Is Japan Securities Finance Co's Return-on-Tangible-Asset too high?
Japan Securities Finance Co's current Return-on-Tangible-Asset of 0.06% is 14% below median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.09. The Credit Services industry median Return-on-Tangible-Asset is 1.92. Japan Securities Finance Co's value of 0.06% is 96.9% below this industry median. Based on the distribution chart, Japan Securities Finance Co ranks #408 out of 545 companies in the Credit Services industry, which is below the industry midpoint. Overall, Japan Securities Finance Co has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Japan Securities Finance Co's Return-on-Tangible-Asset compare to V and MA?
According to the Credit Services industry distribution chart, Japan Securities Finance Co ranks #408 out of 545 companies for Return-on-Tangible-Asset. This places Japan Securities Finance Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.92. Japan Securities Finance Co's value of 0.06% is 96.9% below this benchmark. Historically, Japan Securities Finance Co's own Return-on-Tangible-Asset has ranged from 0.04 to 0.09 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 1.92, Japan Securities Finance 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 Credit Services company?
The median Return-on-Tangible-Asset among Credit Services companies is 1.92, based on 545 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. Japan Securities Finance Co's current Return-on-Tangible-Asset of 0.06% is 96.9% 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 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 Japan Securities Finance Co and its competitors. For the Credit Services industry, the median Return-on-Tangible-Asset is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Securities Finance Co's current Return-on-Tangible-Asset is 0.06%, which is 14% below median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Securities Finance Co stock overvalued right now?
Japan Securities Finance Co (JSFNF) has a current Return-on-Tangible-Asset of 0.06%. The stock's GF Value™ is $3.98, compared to a current price of $5.10 — trading 28.1% above its estimated fair value. The current Return-on-Tangible-Asset is 0.06%, which is 14% below median its 10-year median of 0.07 and 96.9% below the Credit Services industry median of 1.92. Japan Securities Finance Co's overall GF Score™ is 65/100 with 4 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 Japan Securities Finance Co (JSFNF), the current Return-on-Tangible-Asset is 0.06% 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 Japan Securities Finance Co (JSFNF) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Securities Finance Co stock appears to be overvalued.
The current stock price of $5.10 is trading 28.1% above its estimated GF Value™ of $3.98.
Key valuation signals for JSFNF:
Return-on-Tangible-Asset: 0.06% (14% below median its 10-year median of 0.07)
GF Value™: $3.98 vs. price of $5.10 (28.1% above fair value)
Industry Position: 96.9% below the Credit Services median (#408 of 545)
No single metric tells the full story. See the JSFNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Securities Finance Co Ltd operates in three business segments: Securities Finance, Trust Banking, and Real Estate Leasing. In the Securities Finance business, which makes up the vast majority of the company's total revenue, the company primarily provides loans for margin transactions where it earns revenue through fees and interest. The Securities Finance segment also earns fees through stock and bond lending and earns interest through bond financing and general loans. The Trust Banking business provides trust services, such as securities trust, and banking services, such as deposits and loans. The Real Estate Leasing business provides services for leasing and managing real estate. The company operates exclusively in Japan.
65GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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