LIKE (TSE:2462) Return-on-Tangible-Asset: 3.35% (As of Feb. 2026) — 45% Below Median

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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.
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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:2462 LIKE Inc TSE:2462
76 GF Score
Price 円1,525.00
GF Value 円1,655.90
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is LIKE Return-on-Tangible-Asset?

LIKE TSE:2462 -0.72% 76 Return-on-Tangible-Asset is 3.35% as of Feb. 2026, which is 45% below its 10-year median of 6.14. GuruFocus rates TSE:2462 with a GF Score™ of 76/100 and a GF Value™ of 円1,655.90 (Fairly Valued). The stock has 3 warning signs investors should review. Among 559 Conglomerates companies, LIKE ranks better than 72.63% 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. LIKE's annualized Net Income for the quarter that ended in Feb. 2026 was 円1,311 Mil. LIKE's average total tangible assets for the quarter that ended in Feb. 2026 was 円39,145 Mil. Therefore, LIKE's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 3.35%.

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

TSE:2462' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.03   Med: 6.14   Max: 8.71
Current: 5.86

During the past 13 years, LIKE's highest Return-on-Tangible-Asset was 8.71%. The lowest was 4.03%. And the median was 6.14%.

TSE:2462's Return-on-Tangible-Asset is ranked better than
72.63% of 559 companies
in the Conglomerates industry
Industry Median: 2.8 vs TSE:2462: 5.86

LIKE  (TSE:2462) 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.


LIKE Return-on-Tangible-Asset Related Terms


LIKE Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for LIKE'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.

LIKE Return-on-Tangible-Asset Chart

LIKE Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.68 6.59 6.31 5.34 5.74

LIKE Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 May26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 2.67 4.04 3.35 13.36

TSE:2462 vs MMM, HON: Return-on-Tangible-Asset Comparison

For the Conglomerates subindustry, LIKE'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.


LIKE Return-on-Tangible-Asset vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, LIKE's Return-on-Tangible-Asset distribution charts can be found below:

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


TSE:2462
76GF Score
LIKE Inc TSE:2462
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LIKE Return-on-Tangible-Asset Calculation

LIKE's annualized Return-on-Tangible-Asset for the fiscal year that ended in May. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: May. 2026 )  (A: May. 2025 )(A: May. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: May. 2026 )  (A: May. 2025 )(A: May. 2026 )
=2328.492/( (40178.467+41005.528)/ 2 )
=2328.492/40591.9975
=5.74 %

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

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=1311.32/( (39078.517+39211.356)/ 2 )
=1311.32/39144.9365
=3.35 %

* 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 3.35% mean?
LIKE (TSE:2462) has a Return-on-Tangible-Asset of 3.35% 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 LIKE and its competitors. This is 45% below median its historical median of 6.14. Over the past decade, LIKE's Return-on-Tangible-Asset has ranged from 4.03 to 8.71. According to the industry distribution chart, LIKE ranks #153 out of 559 companies in the Conglomerates industry, placing it in the top 27.4%.
Is LIKE's Return-on-Tangible-Asset too high?
LIKE's current Return-on-Tangible-Asset of 3.35% is 45% below median its 10-year median of 6.14. Over the past 10 years, this metric has ranged from a low of 4.03 to a high of 8.71. The Conglomerates industry median Return-on-Tangible-Asset is 2.80. LIKE's value of 3.35% is 19.6% above this industry median. Based on the distribution chart, LIKE ranks #153 out of 559 companies in the Conglomerates industry, which is above the industry midpoint. Overall, LIKE has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does LIKE's Return-on-Tangible-Asset compare to MMM and HON?
According to the Conglomerates industry distribution chart, LIKE ranks #153 out of 559 companies for Return-on-Tangible-Asset. This puts LIKE in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.80. LIKE's value of 3.35% is 19.6% above this benchmark. Historically, LIKE's own Return-on-Tangible-Asset has ranged from 4.03 to 8.71 over the past decade. While the company's 10-year median is 6.14 vs. the industry median of 2.80, LIKE 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 Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.80, based on 559 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. LIKE's current Return-on-Tangible-Asset of 3.35% is 19.6% 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 LIKE and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LIKE's current Return-on-Tangible-Asset is 3.35%, which is 45% below median its own 10-year median of 6.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LIKE stock overvalued right now?
Based on GuruFocus' analysis, LIKE (TSE:2462) is currently considered Fairly Valued. The stock's GF Value™ is 円1,655.90, compared to a current price of 円1,525.00 — trading 7.9% below its estimated fair value. The current Return-on-Tangible-Asset is 3.35%, which is 45% below median its 10-year median of 6.14 and 19.6% above the Conglomerates industry median of 2.80. LIKE's overall GF Score™ is 76/100 with 3 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 LIKE (TSE:2462), the current Return-on-Tangible-Asset is 3.35% 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.

Is LIKE (TSE:2462) Overvalued in 2026?

Based on GuruFocus' analysis, LIKE stock appears to be undervalued. The current stock price of 円1,525.00 is trading 7.9% below its estimated GF Value™ of 円1,655.90. GuruFocus considers LIKE to be Fairly Valued.

Key valuation signals for TSE:2462:

  • Return-on-Tangible-Asset: 3.35% (45% below median its 10-year median of 6.14)
  • GF Value™: 円1,655.90 vs. price of 円1,525.00 (7.9% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 19.6% above the Conglomerates median (#153 of 559)

No single metric tells the full story. See the TSE:2462 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LIKE Business Description

Address 8-1 Kakuda-cho, Kita-ku, Osaka-shi, Osaka, JPN, 530-0017
LIKE Inc is implementing services in the fields of childcare services which operates outsourced on-site childcare in offices that are established by companies, hospitals, and universities, etc., and manages child rearing support services operating for facilities in public childcare such as licensed nursery schools and after school clubs; human resources operates comprehensive human resources services such as temporary staffing, outsourcing, recruitment, and recruitment and education support; and nursing care operates the nursing care related services with paid nursing homes, where residents are provided with 24/7 end-of-life care by the nursing staff.
76GF Score

Get the complete analysis for TSE:2462

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

円1,525.00
Price
円1,655.90
GF Value