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.
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. Ascentech KK's annualizedNet Income for the quarter that ended in Jan. 2026 was 円0 Mil. Ascentech KK's average total tangible assets for the quarter that ended in Jan. 2026 was 円34,174 Mil. Therefore, Ascentech KK's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 was 0.00%.
The historical rank and industry rank for Ascentech KK's Return-on-Tangible-Asset or its related term are showing as below:
TSE:3565'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.73 Med: 12.38 Max: 14.27
Current: 0.73
During the past 12 years, Ascentech KK's highest Return-on-Tangible-Asset was 14.27%. The lowest was 0.73%. And the median was 12.38%.
TSE:3565's Return-on-Tangible-Asset is ranked worse than 55.2% of 2893
companies
in the Software industry
Industry Median: 2.06
vs TSE:3565: 0.73
Ascentech KK (TSE:3565) 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.
Ascentech KK Return-on-Tangible-Asset Related Terms
Ascentech KK Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ascentech KK'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:3565 vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, Ascentech KK'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.
Ascentech KK Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Ascentech KK's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ascentech KK'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 (Jan. 2026) net income data.
What does a Return-on-Tangible-Asset of 0.00% mean?
Ascentech KK (TSE:3565) has a Return-on-Tangible-Asset of 0.00% 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 Ascentech KK and its competitors. Over the past decade, Ascentech KK's Return-on-Tangible-Asset has ranged from 0.73 to 14.27. According to the industry distribution chart, Ascentech KK ranks #1597 out of 2893 companies in the Software industry, placing it in the top 55.2%.
Is Ascentech KK's Return-on-Tangible-Asset too high?
Ascentech KK's current Return-on-Tangible-Asset is 0.00%. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 14.27. Based on the distribution chart, Ascentech KK ranks #1597 out of 2893 companies in the Software industry, which is below the industry midpoint. Overall, Ascentech KK has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ascentech KK's Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Ascentech KK ranks #1597 out of 2893 companies for Return-on-Tangible-Asset. This places Ascentech KK in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.06. Historically, Ascentech KK's own Return-on-Tangible-Asset has ranged from 0.73 to 14.27 over the past decade. 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 2.06, based on 2,893 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. 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 Ascentech KK and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ascentech KK's current Return-on-Tangible-Asset is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascentech KK stock overvalued right now?
Based on GuruFocus' analysis, Ascentech KK (TSE:3565) is currently considered Modestly Undervalued. The stock's GF Value™ is 円557.98, compared to a current price of 円417.00 — trading 25.3% below its estimated fair value. The current Return-on-Tangible-Asset is 0.00%. Ascentech KK's overall GF Score™ is 88/100 with 5 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 Ascentech KK (TSE:3565), the current Return-on-Tangible-Asset is 0.00% 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.
Is Ascentech KK (TSE:3565) Overvalued in 2026?
Based on GuruFocus' analysis, Ascentech KK stock appears to be undervalued.
The current stock price of 円417.00 is trading 25.3% below its estimated GF Value™ of 円557.98.
GuruFocus considers Ascentech KK to be Modestly Undervalued.
Key valuation signals for TSE:3565:
Return-on-Tangible-Asset: 0.00%
GF Value™: 円557.98 vs. price of 円417.00 (25.3% below fair value)
No single metric tells the full story. See the TSE:3565 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ascentech KK is engaged in product development and sales for Virtual Desktop Infrastructure and IT infrastructure solutions with technical consultation and support services. It also provides cloud services. Its services include VDI consulting services, infrastructure solution services, and storage migration services.
88GF Score
Get the complete analysis for TSE:3565
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:3565 has been successfully added to your 
