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.
Tecmira HoldingsTSE:3627 +1.13%57 Return-on-Tangible-Asset is 2.93% as of Feb. 2026, which is 38% above its 10-year median of 2.13. GuruFocus rates TSE:3627 with a GF Score™ of 57/100 and a GF Value™ of 円370.83 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,894 Software companies, Tecmira Holdings ranks worse than 58.98% 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. Tecmira Holdings's annualizedNet Income for the quarter that ended in Feb. 2026 was 円235 Mil. Tecmira Holdings's average total tangible assets for the quarter that ended in Feb. 2026 was 円8,006 Mil. Therefore, Tecmira Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 2.93%.
The historical rank and industry rank for Tecmira Holdings's Return-on-Tangible-Asset or its related term are showing as below:
TSE:3627'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -17.8 Med: 2.13 Max: 10.42
Current: -0.48
During the past 13 years, Tecmira Holdings's highest Return-on-Tangible-Asset was 10.42%. The lowest was -17.80%. And the median was 2.13%.
TSE:3627's Return-on-Tangible-Asset is ranked worse than 58.98% of 2894
companies
in the Software industry
Industry Median: 2.095
vs TSE:3627: -0.48
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.
Tecmira Holdings Return-on-Tangible-Asset Related Terms
Tecmira Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Tecmira Holdings'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:3627 vs MSFT, ORCL, PLTR: Return-on-Tangible-Asset Comparison
For the Software - Infrastructure subindustry, Tecmira Holdings'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.
Tecmira Holdings Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Tecmira Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tecmira Holdings'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 2.93% mean?
Tecmira Holdings (TSE:3627) has a Return-on-Tangible-Asset of 2.93% 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 Tecmira Holdings and its competitors. This is 38% above median its historical median of 2.13. According to the industry distribution chart, Tecmira Holdings ranks #1707 out of 2894 companies in the Software industry, placing it in the top 59%.
Is Tecmira Holdings' Return-on-Tangible-Asset too high?
Tecmira Holdings' current Return-on-Tangible-Asset of 2.93% is 38% above median its 10-year median of 2.13. The Software industry median Return-on-Tangible-Asset is 2.10. Tecmira Holdings' value of 2.93% is 39.9% above this industry median. Based on the distribution chart, Tecmira Holdings ranks #1707 out of 2894 companies in the Software industry, which is below the industry midpoint. Overall, Tecmira Holdings has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tecmira Holdings' Return-on-Tangible-Asset compare to MSFT and ORCL?
According to the Software industry distribution chart, Tecmira Holdings ranks #1707 out of 2894 companies for Return-on-Tangible-Asset. This places Tecmira Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.10. Tecmira Holdings' value of 2.93% is 39.9% above this benchmark. While the company's 10-year median is 2.13 vs. the industry median of 2.10, Tecmira Holdings 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 2.10, 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. Tecmira Holdings's current Return-on-Tangible-Asset of 2.93% is 39.9% 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 Tecmira Holdings and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tecmira Holdings's current Return-on-Tangible-Asset is 2.93%, which is 38% above median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tecmira Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tecmira Holdings (TSE:3627) is currently considered Modestly Undervalued. The stock's GF Value™ is 円370.83, compared to a current price of 円268.00 — trading 27.7% below its estimated fair value. The current Return-on-Tangible-Asset is 2.93%, which is 38% above median its 10-year median of 2.13 and 39.9% above the Software industry median of 2.10. Tecmira Holdings' overall GF Score™ is 57/100 with 4 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 Tecmira Holdings (TSE:3627), the current Return-on-Tangible-Asset is 2.93% 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 Tecmira Holdings (TSE:3627) Overvalued in 2026?
Based on GuruFocus' analysis, Tecmira Holdings stock appears to be undervalued.
The current stock price of 円268.00 is trading 27.7% below its estimated GF Value™ of 円370.83.
GuruFocus considers Tecmira Holdings to be Modestly Undervalued.
Key valuation signals for TSE:3627:
Return-on-Tangible-Asset: 2.93% (38% above median its 10-year median of 2.13)
GF Value™: 円370.83 vs. price of 円268.00 (27.7% below fair value)
Industry Position: 39.9% above the Software median (#1707 of 2894)
No single metric tells the full story. See the TSE:3627 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tecmira Holdings Inc formerly JNS Holdings Inc is a Japan-based company engaged in providing construction of websites, mobile application development, cloud solutions, on-site support, web marketing, infrastructure construction, and system development.
57GF Score
Get the complete analysis for TSE:3627
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:3627 has been successfully added to your 
