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Daiwa Computer CoTSE:3816 +0.53%84 Return-on-Tangible-Asset is 1.54% as of Jan. 2026, which is 75% below its 10-year median of 6.26. GuruFocus rates TSE:3816 with a GF Score™ of 84/100 and a GF Value™ of 円1,126.89 (Fairly Valued). Among 2,894 Software companies, Daiwa Computer Co ranks better than 56.77% 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. Daiwa Computer Co's annualizedNet Income for the quarter that ended in Jan. 2026 was 円97 Mil. Daiwa Computer Co's average total tangible assets for the quarter that ended in Jan. 2026 was 円6,251 Mil. Therefore, Daiwa Computer Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 was 1.54%.
The historical rank and industry rank for Daiwa Computer Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:3816'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.06 Med: 6.26 Max: 6.76
Current: 4.06
During the past 13 years, Daiwa Computer Co's highest Return-on-Tangible-Asset was 6.76%. The lowest was 4.06%. And the median was 6.26%.
TSE:3816's Return-on-Tangible-Asset is ranked better than 56.77% of 2894
companies
in the Software industry
Industry Median: 2.095
vs TSE:3816: 4.06
Daiwa Computer Co (TSE:3816) 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.
Daiwa Computer Co Return-on-Tangible-Asset Related Terms
Daiwa Computer Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Daiwa Computer 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:3816 vs QH, SHOP, UBER: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, Daiwa Computer 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.
Daiwa Computer Co Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Daiwa Computer Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Daiwa Computer 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 four times the quarterly (Jan. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.54% mean?
Daiwa Computer Co (TSE:3816) has a Return-on-Tangible-Asset of 1.54% 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 Daiwa Computer Co and its competitors. This is 75% below median its historical median of 6.26. Over the past decade, Daiwa Computer Co's Return-on-Tangible-Asset has ranged from 4.06 to 6.76. According to the industry distribution chart, Daiwa Computer Co ranks #1251 out of 2894 companies in the Software industry, placing it in the top 43.2%.
Is Daiwa Computer Co's Return-on-Tangible-Asset too high?
Daiwa Computer Co's current Return-on-Tangible-Asset of 1.54% is 75% below median its 10-year median of 6.26. Over the past 10 years, this metric has ranged from a low of 4.06 to a high of 6.76. The Software industry median Return-on-Tangible-Asset is 2.10. Daiwa Computer Co's value of 1.54% is 26.5% below this industry median. Based on the distribution chart, Daiwa Computer Co ranks #1251 out of 2894 companies in the Software industry, which is above the industry midpoint. Overall, Daiwa Computer Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Daiwa Computer Co's Return-on-Tangible-Asset compare to QH and SHOP?
According to the Software industry distribution chart, Daiwa Computer Co ranks #1251 out of 2894 companies for Return-on-Tangible-Asset. This puts Daiwa Computer Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.10. Daiwa Computer Co's value of 1.54% is 26.5% below this benchmark. Historically, Daiwa Computer Co's own Return-on-Tangible-Asset has ranged from 4.06 to 6.76 over the past decade. While the company's 10-year median is 6.26 vs. the industry median of 2.10, Daiwa Computer Co has consistently been below 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. Daiwa Computer Co's current Return-on-Tangible-Asset of 1.54% is 26.5% below 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 Daiwa Computer Co 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. Daiwa Computer Co's current Return-on-Tangible-Asset is 1.54%, which is 75% below 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 Daiwa Computer Co stock overvalued right now?
Based on GuruFocus' analysis, Daiwa Computer Co (TSE:3816) is currently considered Fairly Valued. The stock's GF Value™ is 円1,126.89, compared to a current price of 円1,134.00 — trading 0.6% above its estimated fair value. The current Return-on-Tangible-Asset is 1.54%, which is 75% below median its 10-year median of 6.26 and 26.5% below the Software industry median of 2.10. Daiwa Computer Co's overall GF Score™ is 84/100. 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 Daiwa Computer Co (TSE:3816), the current Return-on-Tangible-Asset is 1.54% 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 Daiwa Computer Co (TSE:3816) Overvalued in 2026?
Based on GuruFocus' analysis, Daiwa Computer Co stock appears to be overvalued.
The current stock price of 円1,134.00 is trading 0.6% above its estimated GF Value™ of 円1,126.89.
GuruFocus considers Daiwa Computer Co to be Fairly Valued.
Key valuation signals for TSE:3816:
Return-on-Tangible-Asset: 1.54% (75% below median its 10-year median of 6.26)
GF Value™: 円1,126.89 vs. price of 円1,134.00 (0.6% above fair value)
Industry Position: 26.5% below the Software median (#1251 of 2894)
No single metric tells the full story. See the TSE:3816 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daiwa Computer Co Ltd is engaged in designing business applications, web-related system, software development, operation support, system consulting, related equipment sales, development and sale of packaged software, consulting, SaaS/ASP service. It also engaged in the production, processing, and sale of agricultural crops. Its segments include: Software development-related business, which covers the construction and operation of information systems; and the Service integration business, which covers SaaS-type software services.
84GF Score
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