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Papyless CoTSE:3641 66 Return-on-Tangible-Asset is 0.97% as of Sep. 2025, which is 89% below its 10-year median of 8.88. GuruFocus rates TSE:3641 with a GF Score™ of 66/100 and a GF Value™ of 円800.09 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,030 Media - Diversified companies, Papyless Co ranks better than 50% 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. Papyless Co's annualizedNet Income for the quarter that ended in Sep. 2025 was 円126 Mil. Papyless Co's average total tangible assets for the quarter that ended in Sep. 2025 was 円12,975 Mil. Therefore, Papyless Co's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2025 was 0.97%.
The historical rank and industry rank for Papyless Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:3641'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.2 Med: 8.88 Max: 15.71
Current: 0.82
During the past 13 years, Papyless Co's highest Return-on-Tangible-Asset was 15.71%. The lowest was -1.20%. And the median was 8.88%.
TSE:3641's Return-on-Tangible-Asset is ranked better than 50% of 1030
companies
in the Media - Diversified industry
Industry Median: 0.82
vs TSE:3641: 0.82
Papyless Co (TSE:3641) 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.
Papyless Co Return-on-Tangible-Asset Related Terms
Papyless Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Papyless 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:3641 vs NYT, WLY: Return-on-Tangible-Asset Comparison
For the Publishing subindustry, Papyless 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.
Papyless Co Return-on-Tangible-Asset vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Papyless Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Papyless 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 (Sep. 2025) net income data.
What does a Return-on-Tangible-Asset of 0.97% mean?
Papyless Co (TSE:3641) has a Return-on-Tangible-Asset of 0.97% as of Sep. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Papyless Co and its competitors. This is 89% below median its historical median of 8.88. According to the industry distribution chart, Papyless Co ranks #515 out of 1030 companies in the Media - Diversified industry, placing it in the top 50%.
Is Papyless Co's Return-on-Tangible-Asset too high?
Papyless Co's current Return-on-Tangible-Asset of 0.97% is 89% below median its 10-year median of 8.88. The Media - Diversified industry median Return-on-Tangible-Asset is 0.82. Papyless Co's value of 0.97% is 18.3% above this industry median. Based on the distribution chart, Papyless Co ranks #515 out of 1030 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Papyless Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Papyless Co's Return-on-Tangible-Asset compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Papyless Co ranks #515 out of 1030 companies for Return-on-Tangible-Asset. This puts Papyless Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.82. Papyless Co's value of 0.97% is 18.3% above this benchmark. While the company's 10-year median is 8.88 vs. the industry median of 0.82, Papyless 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 Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.82, based on 1,030 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. Papyless Co's current Return-on-Tangible-Asset of 0.97% is 18.3% 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 Papyless Co and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Papyless Co's current Return-on-Tangible-Asset is 0.97%, which is 89% below median its own 10-year median of 8.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Papyless Co stock overvalued right now?
Based on GuruFocus' analysis, Papyless Co (TSE:3641) is currently considered Modestly Overvalued. The stock's GF Value™ is 円800.09, compared to a current price of 円964.00 — trading 20.5% above its estimated fair value. The current Return-on-Tangible-Asset is 0.97%, which is 89% below median its 10-year median of 8.88 and 18.3% above the Media - Diversified industry median of 0.82. Papyless Co's overall GF Score™ is 66/100 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 Papyless Co (TSE:3641), the current Return-on-Tangible-Asset is 0.97% as of Sep. 2025. 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 Papyless Co (TSE:3641) Overvalued in 2026?
Based on GuruFocus' analysis, Papyless Co stock appears to be overvalued.
The current stock price of 円964.00 is trading 20.5% above its estimated GF Value™ of 円800.09.
GuruFocus considers Papyless Co to be Modestly Overvalued.
Key valuation signals for TSE:3641:
Return-on-Tangible-Asset: 0.97% (89% below median its 10-year median of 8.88)
GF Value™: 円800.09 vs. price of 円964.00 (20.5% above fair value)
Industry Position: 18.3% above the Media - Diversified median (#515 of 1030)
No single metric tells the full story. See the TSE:3641 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Papyless Co Ltd is a Japan-based company engaged in the sale, rental, and distribution of electronic books (E-books). It offers novel and non-fiction, practical books, photo books, comics, magazines, business and education, audio and picture novels, cartoons, and adult books, as well as photo album books.
66GF Score
Get the complete analysis for TSE:3641
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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