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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. CDS Co's annualizedNet Income for the quarter that ended in Jun. 2026 was 円0 Mil. CDS Co's average total tangible assets for the quarter that ended in Jun. 2026 was 円10,855 Mil. Therefore, CDS Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 0.00%.
The historical rank and industry rank for CDS Co's Return-on-Tangible-Asset or its related term are showing as below:
NGO:2169'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.24 Med: 9.96 Max: 12.35
Current: 3.24
During the past 13 years, CDS Co's highest Return-on-Tangible-Asset was 12.35%. The lowest was 3.24%. And the median was 9.96%.
NGO:2169's Return-on-Tangible-Asset is ranked better than 54.03% of 2891
companies
in the Software industry
Industry Median: 2.18
vs NGO:2169: 3.24
CDS Co (NGO:2169) 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.
CDS Co Return-on-Tangible-Asset Related Terms
CDS Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for CDS 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.
NGO:2169 vs CRM, SHOP, UBER: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, CDS 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.
CDS Co Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, CDS Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CDS 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 0.00% mean?
CDS Co (NGO:2169) has a Return-on-Tangible-Asset of 0.00% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on CDS Co and its competitors. Over the past decade, CDS Co's Return-on-Tangible-Asset has ranged from 3.24 to 12.35. According to the industry distribution chart, CDS Co ranks #1329 out of 2891 companies in the Software industry, placing it in the top 46%.
Is CDS Co's Return-on-Tangible-Asset too high?
CDS Co's current Return-on-Tangible-Asset is 0.00%. Over the past 10 years, this metric has ranged from a low of 3.24 to a high of 12.35. Based on the distribution chart, CDS Co ranks #1329 out of 2891 companies in the Software industry, which is above the industry midpoint. Overall, CDS Co has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does CDS Co's Return-on-Tangible-Asset compare to CRM and SHOP?
According to the Software industry distribution chart, CDS Co ranks #1329 out of 2891 companies for Return-on-Tangible-Asset. This puts CDS Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.18. Historically, CDS Co's own Return-on-Tangible-Asset has ranged from 3.24 to 12.35 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-Asset for a Software company?
The median Return-on-Tangible-Asset among Software companies is 2.18, based on 2,891 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. 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 CDS Co and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CDS Co's current Return-on-Tangible-Asset is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CDS Co stock overvalued right now?
CDS Co (NGO:2169) has a current Return-on-Tangible-Asset of 0.00%. The stock's GF Value™ is 円905.73, compared to a current price of 円1,370.00 — trading 51.3% above its estimated fair value. The current Return-on-Tangible-Asset is 0.00%. CDS Co's overall GF Score™ is 64/100 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 CDS Co (NGO:2169), the current Return-on-Tangible-Asset is 0.00% as of Jun. 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 CDS Co (NGO:2169) Overvalued in 2026?
Based on GuruFocus' analysis, CDS Co stock appears to be overvalued.
The current stock price of 円1,370.00 is trading 51.3% above its estimated GF Value™ of 円905.73.
Key valuation signals for NGO:2169:
Return-on-Tangible-Asset: 0.00%
GF Value™: 円905.73 vs. price of 円1,370.00 (51.3% above fair value)
No single metric tells the full story. See the NGO:2169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CDS Co Ltd is engaged in the planning, editing, translation, and publishing of technical publications, building document systems, information processing work, including building databases and creating e-learning content, creating tools, including 3D-CG animation and electronic catalogs, 3D CAD design, modelling services, and computer software development.
64GF Score
Get the complete analysis for NGO:2169
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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