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SystenaTSE:2317 +3.10%81 Return-on-Tangible-Asset is 17.96% as of Jun. 2026, which is 22% above its 10-year median of 14.73. GuruFocus rates TSE:2317 with a GF Score™ of 81/100 and a GF Value™ of 円456.80 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,894 Software companies, Systena ranks better than 91.43% 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. Systena's annualizedNet Income for the quarter that ended in Jun. 2026 was 円10,672 Mil. Systena's average total tangible assets for the quarter that ended in Jun. 2026 was 円59,428 Mil. Therefore, Systena's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 17.96%.
The historical rank and industry rank for Systena's Return-on-Tangible-Asset or its related term are showing as below:
TSE:2317'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 9.14 Med: 14.73 Max: 20.71
Current: 20.71
During the past 13 years, Systena's highest Return-on-Tangible-Asset was 20.71%. The lowest was 9.14%. And the median was 14.73%.
TSE:2317's Return-on-Tangible-Asset is ranked better than 91.43% of 2894
companies
in the Software industry
Industry Median: 2.13
vs TSE:2317: 20.71
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.
Systena Return-on-Tangible-Asset Related Terms
Systena Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Systena'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:2317 vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, Systena'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.
Systena Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Systena's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Systena'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 17.96% mean?
Systena (TSE:2317) has a Return-on-Tangible-Asset of 17.96% 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 Systena and its competitors. This is 22% above median its historical median of 14.73. Over the past decade, Systena's Return-on-Tangible-Asset has ranged from 9.14 to 20.71. According to the industry distribution chart, Systena ranks #248 out of 2894 companies in the Software industry, placing it in the top 8.6%.
Is Systena's Return-on-Tangible-Asset too high?
Systena's current Return-on-Tangible-Asset of 17.96% is 22% above median its 10-year median of 14.73. Over the past 10 years, this metric has ranged from a low of 9.14 to a high of 20.71. The Software industry median Return-on-Tangible-Asset is 2.13. Systena's value of 17.96% is 743.2% above this industry median. Based on the distribution chart, Systena ranks #248 out of 2894 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Systena has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Systena's Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Systena ranks #248 out of 2894 companies for Return-on-Tangible-Asset. This places Systena in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.13. Systena's value of 17.96% is 743.2% above this benchmark. Historically, Systena's own Return-on-Tangible-Asset has ranged from 9.14 to 20.71 over the past decade. While the company's 10-year median is 14.73 vs. the industry median of 2.13, Systena 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.13, based on 2,894 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. Systena's current Return-on-Tangible-Asset of 17.96% is 743.2% 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 Systena and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Systena's current Return-on-Tangible-Asset is 17.96%, which is 22% above median its own 10-year median of 14.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Systena stock overvalued right now?
Based on GuruFocus' analysis, Systena (TSE:2317) is currently considered Fairly Valued. The stock's GF Value™ is 円456.80, compared to a current price of 円433.00 — trading 5.2% below its estimated fair value. The current Return-on-Tangible-Asset is 17.96%, which is 22% above median its 10-year median of 14.73 and 743.2% above the Software industry median of 2.13. Systena's overall GF Score™ is 81/100 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 Systena (TSE:2317), the current Return-on-Tangible-Asset is 17.96% 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 Systena (TSE:2317) Overvalued in 2026?
Based on GuruFocus' analysis, Systena stock appears to be undervalued.
The current stock price of 円433.00 is trading 5.2% below its estimated GF Value™ of 円456.80.
GuruFocus considers Systena to be Fairly Valued.
Key valuation signals for TSE:2317:
Return-on-Tangible-Asset: 17.96% (22% above median its 10-year median of 14.73)
GF Value™: 円456.80 vs. price of 円433.00 (5.2% below fair value)
Industry Position: 743.2% above the Software median (#248 of 2894)
No single metric tells the full story. See the TSE:2317 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Systena Corp is a software application and services provider that offers a range of support for planning, designing, developing and operating online businesses for smart devices. It also operates a Framework Design Business, which develops backbone and peripheral systems for financial institutions and designs and builds application platforms. The company provides outsourcing services for help desk and systems operations; and develops and offers gaming content for smartphones. It also offers cloud services; and sells and supports the introduction of Google Apps for Business and Microsoft Office 365, public SaaS-based services, and cloud step.
81GF Score
Get the complete analysis for TSE:2317
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