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.
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.
Gakujo CoTSE:2301 +0.19%79 Return-on-Tangible-Asset is 4.00% as of Apr. 2026, which is 65% below its 10-year median of 11.46. GuruFocus rates TSE:2301 with a GF Score™ of 79/100 and a GF Value™ of 円2,355.13 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,094 Business Services companies, Gakujo Co ranks better than 80.07% 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. Gakujo Co's annualizedNet Income for the quarter that ended in Apr. 2026 was 円626 Mil. Gakujo Co's average total tangible assets for the quarter that ended in Apr. 2026 was 円15,659 Mil. Therefore, Gakujo Co's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 4.00%.
The historical rank and industry rank for Gakujo Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:2301'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.86 Med: 11.46 Max: 14.32
Current: 11.4
During the past 13 years, Gakujo Co's highest Return-on-Tangible-Asset was 14.32%. The lowest was 7.86%. And the median was 11.46%.
TSE:2301's Return-on-Tangible-Asset is ranked better than 80.07% of 1094
companies
in the Business Services industry
Industry Median: 3.98
vs TSE:2301: 11.40
Gakujo Co (TSE:2301) 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.
Gakujo Co Return-on-Tangible-Asset Related Terms
Gakujo Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Gakujo 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.
TSE:2301 vs KFY, RHI, TNET: Return-on-Tangible-Asset Comparison
For the Staffing & Employment Services subindustry, Gakujo 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.
Gakujo Co Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Gakujo Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Gakujo 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 two times the semi-annual (Apr. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.00% mean?
Gakujo Co (TSE:2301) has a Return-on-Tangible-Asset of 4.00% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Gakujo Co and its competitors. This is 65% below median its historical median of 11.46. Over the past decade, Gakujo Co's Return-on-Tangible-Asset has ranged from 7.86 to 14.32. According to the industry distribution chart, Gakujo Co ranks #218 out of 1094 companies in the Business Services industry, placing it in the top 19.9%.
Is Gakujo Co's Return-on-Tangible-Asset too high?
Gakujo Co's current Return-on-Tangible-Asset of 4.00% is 65% below median its 10-year median of 11.46. Over the past 10 years, this metric has ranged from a low of 7.86 to a high of 14.32. The Business Services industry median Return-on-Tangible-Asset is 3.98. Gakujo Co's value of 4.00% is 0.5% above this industry median. Based on the distribution chart, Gakujo Co ranks #218 out of 1094 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Gakujo Co has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gakujo Co's Return-on-Tangible-Asset compare to KFY and RHI?
According to the Business Services industry distribution chart, Gakujo Co ranks #218 out of 1094 companies for Return-on-Tangible-Asset. This places Gakujo Co in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.98. Gakujo Co's value of 4.00% is 0.5% above this benchmark. Historically, Gakujo Co's own Return-on-Tangible-Asset has ranged from 7.86 to 14.32 over the past decade. While the company's 10-year median is 11.46 vs. the industry median of 3.98, Gakujo Co has consistently been above 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.98, based on 1,094 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. Gakujo Co's current Return-on-Tangible-Asset of 4.00% is 0.5% 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 Gakujo Co and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gakujo Co's current Return-on-Tangible-Asset is 4.00%, which is 65% below median its own 10-year median of 11.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gakujo Co stock overvalued right now?
Based on GuruFocus' analysis, Gakujo Co (TSE:2301) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,355.13, compared to a current price of 円1,605.00 — trading 31.9% below its estimated fair value. The current Return-on-Tangible-Asset is 4.00%, which is 65% below median its 10-year median of 11.46 and 0.5% above the Business Services industry median of 3.98. Gakujo Co's overall GF Score™ is 79/100 with 1 warning sign 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 Gakujo Co (TSE:2301), the current Return-on-Tangible-Asset is 4.00% as of Apr. 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 Gakujo Co (TSE:2301) Overvalued in 2026?
Based on GuruFocus' analysis, Gakujo Co stock appears to be undervalued.
The current stock price of 円1,605.00 is trading 31.9% below its estimated GF Value™ of 円2,355.13.
GuruFocus considers Gakujo Co to be Significantly Undervalued.
Key valuation signals for TSE:2301:
Return-on-Tangible-Asset: 4.00% (65% below median its 10-year median of 11.46)
GF Value™: 円2,355.13 vs. price of 円1,605.00 (31.9% below fair value)
Industry Position: 0.5% above the Business Services median (#218 of 1094)
No single metric tells the full story. See the TSE:2301 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:2301 has been successfully added to your 
