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CRI Middleware CoTSE:3698 +0.25%95 Return-on-Tangible-Asset is 8.76% as of Mar. 2026, which is 40% above its 10-year median of 6.26. GuruFocus rates TSE:3698 with a GF Score™ of 95/100 and a GF Value™ of 円1,169.68 (Fairly Valued). The stock has 1 warning sign investors should review. Among 566 Interactive Media companies, CRI Middleware Co ranks better than 70.14% 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. CRI Middleware Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円445 Mil. CRI Middleware Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円5,079 Mil. Therefore, CRI Middleware Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 8.76%.
The historical rank and industry rank for CRI Middleware Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:3698'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.87 Med: 6.26 Max: 9.9
Current: 7.16
During the past 13 years, CRI Middleware Co's highest Return-on-Tangible-Asset was 9.90%. The lowest was -6.87%. And the median was 6.26%.
TSE:3698's Return-on-Tangible-Asset is ranked better than 70.14% of 566
companies
in the Interactive Media industry
Industry Median: 0.685
vs TSE:3698: 7.16
CRI Middleware Co (TSE:3698) 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.
CRI Middleware Co Return-on-Tangible-Asset Related Terms
CRI Middleware Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for CRI Middleware 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:3698 vs NTES, EA, TTWO: Return-on-Tangible-Asset Comparison
For the Electronic Gaming & Multimedia subindustry, CRI Middleware 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.
CRI Middleware Co Return-on-Tangible-Asset vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, CRI Middleware Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CRI Middleware 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 8.76% mean?
CRI Middleware Co (TSE:3698) has a Return-on-Tangible-Asset of 8.76% 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 CRI Middleware Co and its competitors. This is 40% above median its historical median of 6.26. According to the industry distribution chart, CRI Middleware Co ranks #169 out of 566 companies in the Interactive Media industry, placing it in the top 29.9%.
Is CRI Middleware Co's Return-on-Tangible-Asset too high?
CRI Middleware Co's current Return-on-Tangible-Asset of 8.76% is 40% above median its 10-year median of 6.26. The Interactive Media industry median Return-on-Tangible-Asset is 0.69. CRI Middleware Co's value of 8.76% is 1178.8% above this industry median. Based on the distribution chart, CRI Middleware Co ranks #169 out of 566 companies in the Interactive Media industry, which is above the industry midpoint. Overall, CRI Middleware Co has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CRI Middleware Co's Return-on-Tangible-Asset compare to NTES and EA?
According to the Interactive Media industry distribution chart, CRI Middleware Co ranks #169 out of 566 companies for Return-on-Tangible-Asset. This puts CRI Middleware Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.69. CRI Middleware Co's value of 8.76% is 1178.8% above this benchmark. While the company's 10-year median is 6.26 vs. the industry median of 0.69, CRI Middleware 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 an Interactive Media company?
The median Return-on-Tangible-Asset among Interactive Media companies is 0.69, based on 566 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. CRI Middleware Co's current Return-on-Tangible-Asset of 8.76% is 1178.8% 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 CRI Middleware Co and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Asset is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CRI Middleware Co's current Return-on-Tangible-Asset is 8.76%, which is 40% above median its own 10-year median of 6.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CRI Middleware Co stock overvalued right now?
Based on GuruFocus' analysis, CRI Middleware Co (TSE:3698) is currently considered Fairly Valued. The stock's GF Value™ is 円1,169.68, compared to a current price of 円1,181.00 — trading 1% above its estimated fair value. The current Return-on-Tangible-Asset is 8.76%, which is 40% above median its 10-year median of 6.26 and 1178.8% above the Interactive Media industry median of 0.69. CRI Middleware Co's overall GF Score™ is 95/100 with 1 warning sign 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 CRI Middleware Co (TSE:3698), the current Return-on-Tangible-Asset is 8.76% 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 CRI Middleware Co (TSE:3698) Overvalued in 2026?
Based on GuruFocus' analysis, CRI Middleware Co stock appears to be overvalued.
The current stock price of 円1,181.00 is trading 1% above its estimated GF Value™ of 円1,169.68.
GuruFocus considers CRI Middleware Co to be Fairly Valued.
Key valuation signals for TSE:3698:
Return-on-Tangible-Asset: 8.76% (40% above median its 10-year median of 6.26)
GF Value™: 円1,169.68 vs. price of 円1,181.00 (1% above fair value)
Industry Position: 1178.8% above the Interactive Media median (#169 of 566)
No single metric tells the full story. See the TSE:3698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CRI Middleware Co Ltd is a provider of audio and video solutions for the gaming industry. It is engaged in the research and development of voice, video and file systems. Further, it also provides sales and support of middleware products. Geographically, the activities are carried out through the region of Japan.
95GF Score
Get the complete analysis for TSE:3698
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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