Liberaware Co (TSE:218A) Return-on-Tangible-Asset: 25.57% (As of Jan. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:218A Liberaware Co Ltd TSE:218A
11 GF Score
Price 円1,104.00
! 4 Warning Signs
View Full Analysis

What is Liberaware Co Return-on-Tangible-Asset?

Liberaware Co TSE:218A +2.70% 11 Return-on-Tangible-Asset is 25.57% as of Jan. 2026. GuruFocus rates TSE:218A with a GF Score™ of 11/100. The stock has 4 warning signs investors should review. Among 2,502 Hardware companies, Liberaware Co ranks worse than 56.67% 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. Liberaware Co's annualized Net Income for the quarter that ended in Jan. 2026 was 円359 Mil. Liberaware Co's average total tangible assets for the quarter that ended in Jan. 2026 was 円1,403 Mil. Therefore, Liberaware Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 was 25.57%.

The historical rank and industry rank for Liberaware Co's Return-on-Tangible-Asset or its related term are showing as below:

TSE:218A' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -75.28   Med: -52.95   Max: 2.87
Current: 1.47

During the past 4 years, Liberaware Co's highest Return-on-Tangible-Asset was 2.87%. The lowest was -75.28%. And the median was -52.95%.

TSE:218A's Return-on-Tangible-Asset is ranked worse than
56.67% of 2502 companies
in the Hardware industry
Industry Median: 2.48 vs TSE:218A: 1.47

Liberaware Co  (TSE:218A) 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 company’s 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 company’s 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.


Liberaware Co Return-on-Tangible-Asset Related Terms


Liberaware Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Liberaware 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.

Liberaware Co Return-on-Tangible-Asset Chart

Liberaware Co Annual Data
Trend Jul22 Jul23 Jul24 Jul25
Return-on-Tangible-Asset
-71.96 -75.28 -33.93 2.87

Liberaware Co Quarterly Data
Jul22 Jul23 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only -343.34 407.38 -155.28 25.57 -234.94

TSE:218A vs DELL, ANET, SNDK: Return-on-Tangible-Asset Comparison

For the Computer Hardware subindustry, Liberaware 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.


Liberaware Co Return-on-Tangible-Asset vs Hardware Industry

For the Hardware industry and Technology sector, Liberaware Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Liberaware Co's Return-on-Tangible-Asset falls into.


TSE:218A
11GF Score
Liberaware Co Ltd TSE:218A
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Liberaware Co Return-on-Tangible-Asset Calculation

Liberaware Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jul. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jul. 2025 )  (A: Jul. 2024 )(A: Jul. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jul. 2025 )  (A: Jul. 2024 )(A: Jul. 2025 )
=46.081/( (1512.182+1696.489)/ 2 )
=46.081/1604.3355
=2.87 %

Liberaware Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jan. 2026 )  (Q: Oct. 2025 )(Q: Jan. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jan. 2026 )  (Q: Oct. 2025 )(Q: Jan. 2026 )
=358.684/( (1424.717+1380.736)/ 2 )
=358.684/1402.7265
=25.57 %

* 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 (Jan. 2026) net income data.

What does a Return-on-Tangible-Asset of 25.57% mean?
Liberaware Co (TSE:218A) has a Return-on-Tangible-Asset of 25.57% as of Jan. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Liberaware Co and its competitors. According to the industry distribution chart, Liberaware Co ranks #1418 out of 2502 companies in the Hardware industry, placing it in the top 56.7%.
Is Liberaware Co's Return-on-Tangible-Asset too high?
Liberaware Co's current Return-on-Tangible-Asset is 25.57%. The Hardware industry median Return-on-Tangible-Asset is 2.48. Liberaware Co's value of 25.57% is 931% above this industry median. Based on the distribution chart, Liberaware Co ranks #1418 out of 2502 companies in the Hardware industry, which is below the industry midpoint. Overall, Liberaware Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Liberaware Co's Return-on-Tangible-Asset compare to DELL and ANET?
According to the Hardware industry distribution chart, Liberaware Co ranks #1418 out of 2502 companies for Return-on-Tangible-Asset. This places Liberaware Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.48. Liberaware Co's value of 25.57% is 931% 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.48, based on 2,502 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. Liberaware Co's current Return-on-Tangible-Asset of 25.57% is 931% 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 Liberaware Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liberaware Co's current Return-on-Tangible-Asset is 25.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liberaware Co stock overvalued right now?
Liberaware Co (TSE:218A) has a current Return-on-Tangible-Asset of 25.57%. The current Return-on-Tangible-Asset is 25.57% and 931% above the Hardware industry median of 2.48. Liberaware Co's overall GF Score™ is 11/100 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 Liberaware Co (TSE:218A), the current Return-on-Tangible-Asset is 25.57% as of Jan. 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.

Liberaware Co Business Description

Address Chuo 3-3-1, Chuo-ku Chiba, Chiba, JPN, 260-0013
Liberaware Co Ltd is engaged in development of drones and other equipment based on the "IBIS" indoor confined-space inspection drone, inspection services, drone rentals and sales, and services for processing and analyzing data collected by drones and other equipment.
11GF Score

Get the complete analysis for TSE:218A

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

円1,104.00
Price