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Data Horizon CoTSE:3628 +8.55%59 Return-on-Tangible-Asset is 12.35% as of Mar. 2026, which is 222% above its 10-year median of 3.84. GuruFocus rates TSE:3628 with a GF Score™ of 59/100 and a GF Value™ of 円641.35 (Fairly Valued). The stock has 9 warning signs investors should review. Among 679 Healthcare Providers & Services companies, Data Horizon Co ranks better than 67.75% 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. Data Horizon Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円654 Mil. Data Horizon Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円4,389 Mil. Therefore, Data Horizon Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 12.35%.
The historical rank and industry rank for Data Horizon Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:3628'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -27.74 Med: 3.84 Max: 16.03
Current: 6.19
During the past 13 years, Data Horizon Co's highest Return-on-Tangible-Asset was 16.03%. The lowest was -27.74%. And the median was 3.84%.
TSE:3628's Return-on-Tangible-Asset is ranked better than 67.75% of 679
companies
in the Healthcare Providers & Services industry
Industry Median: 2.51
vs TSE:3628: 6.19
Data Horizon Co (TSE:3628) 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.
Data Horizon Co Return-on-Tangible-Asset Related Terms
Data Horizon Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Data Horizon Co'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:3628 vs VEEV, BTSG, HQY: Return-on-Tangible-Asset Comparison
For the Health Information Services subindustry, Data Horizon Co'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.
Data Horizon Co Return-on-Tangible-Asset vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Data Horizon Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Data Horizon Co'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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 12.35% mean?
Data Horizon Co (TSE:3628) has a Return-on-Tangible-Asset of 12.35% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Data Horizon Co and its competitors. This is 222% above median its historical median of 3.84. According to the industry distribution chart, Data Horizon Co ranks #219 out of 679 companies in the Healthcare Providers & Services industry, placing it in the top 32.3%.
Is Data Horizon Co's Return-on-Tangible-Asset too high?
Data Horizon Co's current Return-on-Tangible-Asset of 12.35% is 222% above median its 10-year median of 3.84. The Healthcare Providers & Services industry median Return-on-Tangible-Asset is 2.51. Data Horizon Co's value of 12.35% is 392% above this industry median. Based on the distribution chart, Data Horizon Co ranks #219 out of 679 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Data Horizon Co has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Data Horizon Co's Return-on-Tangible-Asset compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Data Horizon Co ranks #219 out of 679 companies for Return-on-Tangible-Asset. This puts Data Horizon Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.51. Data Horizon Co's value of 12.35% is 392% above this benchmark. While the company's 10-year median is 3.84 vs. the industry median of 2.51, Data Horizon Co 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 Healthcare Providers & Services company?
The median Return-on-Tangible-Asset among Healthcare Providers & Services companies is 2.51, based on 679 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. Data Horizon Co's current Return-on-Tangible-Asset of 12.35% is 392% 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 Data Horizon Co and its competitors. For the Healthcare Providers & Services industry, the median Return-on-Tangible-Asset is 2.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Data Horizon Co's current Return-on-Tangible-Asset is 12.35%, which is 222% above median its own 10-year median of 3.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Data Horizon Co stock overvalued right now?
Based on GuruFocus' analysis, Data Horizon Co (TSE:3628) is currently considered Fairly Valued. The stock's GF Value™ is 円641.35, compared to a current price of 円673.00 — trading 4.9% above its estimated fair value. The current Return-on-Tangible-Asset is 12.35%, which is 222% above median its 10-year median of 3.84 and 392% above the Healthcare Providers & Services industry median of 2.51. Data Horizon Co's overall GF Score™ is 59/100 with 9 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 Data Horizon Co (TSE:3628), the current Return-on-Tangible-Asset is 12.35% as of Mar. 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 Data Horizon Co (TSE:3628) Overvalued in 2026?
Based on GuruFocus' analysis, Data Horizon Co stock appears to be overvalued.
The current stock price of 円673.00 is trading 4.9% above its estimated GF Value™ of 円641.35.
GuruFocus considers Data Horizon Co to be Fairly Valued.
Key valuation signals for TSE:3628:
Return-on-Tangible-Asset: 12.35% (222% above median its 10-year median of 3.84)
GF Value™: 円641.35 vs. price of 円673.00 (4.9% above fair value)
Industry Position: 392% above the Healthcare Providers & Services median (#219 of 679)
No single metric tells the full story. See the TSE:3628 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Data Horizon Co Ltd is engaged in development and provision of medical information services, data health related services, generic drug notification services, and health business support system.
59GF Score
Get the complete analysis for TSE:3628
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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