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Growth xPartnersTSE:244A 22 Return-on-Tangible-Asset is 6.65% as of Feb. 2026, which is 41% below its 10-year median of 11.19. GuruFocus rates TSE:244A with a GF Score™ of 22/100. Among 2,894 Software companies, Growth xPartners ranks better than 73.22% 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. Growth xPartners's annualizedNet Income for the quarter that ended in Feb. 2026 was 円314 Mil. Growth xPartners's average total tangible assets for the quarter that ended in Feb. 2026 was 円4,727 Mil. Therefore, Growth xPartners's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 6.65%.
The historical rank and industry rank for Growth xPartners's Return-on-Tangible-Asset or its related term are showing as below:
TSE:244A'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.73 Med: 11.19 Max: 14.61
Current: 9.25
During the past 4 years, Growth xPartners's highest Return-on-Tangible-Asset was 14.61%. The lowest was 6.73%. And the median was 11.19%.
TSE:244A's Return-on-Tangible-Asset is ranked better than 73.22% of 2894
companies
in the Software industry
Industry Median: 2.13
vs TSE:244A: 9.25
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.
Growth xPartners Return-on-Tangible-Asset Related Terms
Growth xPartners Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Growth xPartners'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:244A vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, Growth xPartners'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.
Growth xPartners Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Growth xPartners's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Growth xPartners'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 (Feb. 2026) net income data.
What does a Return-on-Tangible-Asset of 6.65% mean?
Growth xPartners (TSE:244A) has a Return-on-Tangible-Asset of 6.65% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Growth xPartners and its competitors. This is 41% below median its historical median of 11.19. Over the past decade, Growth xPartners' Return-on-Tangible-Asset has ranged from 6.73 to 14.61. According to the industry distribution chart, Growth xPartners ranks #775 out of 2894 companies in the Software industry, placing it in the top 26.8%.
Is Growth xPartners' Return-on-Tangible-Asset too high?
Growth xPartners' current Return-on-Tangible-Asset of 6.65% is 41% below median its 10-year median of 11.19. Over the past 10 years, this metric has ranged from a low of 6.73 to a high of 14.61. The Software industry median Return-on-Tangible-Asset is 2.13. Growth xPartners' value of 6.65% is 212.2% above this industry median. Based on the distribution chart, Growth xPartners ranks #775 out of 2894 companies in the Software industry, which is above the industry midpoint. Overall, Growth xPartners has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Growth xPartners' Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Growth xPartners ranks #775 out of 2894 companies for Return-on-Tangible-Asset. This puts Growth xPartners in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.13. Growth xPartners' value of 6.65% is 212.2% above this benchmark. Historically, Growth xPartners' own Return-on-Tangible-Asset has ranged from 6.73 to 14.61 over the past decade. While the company's 10-year median is 11.19 vs. the industry median of 2.13, Growth xPartners 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. Growth xPartners's current Return-on-Tangible-Asset of 6.65% is 212.2% 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 Growth xPartners 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. Growth xPartners's current Return-on-Tangible-Asset is 6.65%, which is 41% below median its own 10-year median of 11.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Growth xPartners stock overvalued right now?
Growth xPartners (TSE:244A) has a current Return-on-Tangible-Asset of 6.65%. The current Return-on-Tangible-Asset is 6.65%, which is 41% below median its 10-year median of 11.19 and 212.2% above the Software industry median of 2.13. Growth xPartners' overall GF Score™ is 22/100. 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 Growth xPartners (TSE:244A), the current Return-on-Tangible-Asset is 6.65% as of Feb. 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.
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