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.
PCI HoldingsTSE:3918 +0.16%41 Return-on-Tangible-Asset is 11.63% as of Mar. 2026, which is 110% above its 10-year median of 5.53. GuruFocus rates TSE:3918 with a GF Score™ of 41/100. The stock has 1 warning sign investors should review. Among 2,894 Software companies, PCI Holdings ranks better than 69% 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. PCI Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was 円1,687 Mil. PCI Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was 円14,508 Mil. Therefore, PCI Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 11.63%.
The historical rank and industry rank for PCI Holdings's Return-on-Tangible-Asset or its related term are showing as below:
TSE:3918'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.74 Med: 5.53 Max: 10.7
Current: 7.87
During the past 12 years, PCI Holdings's highest Return-on-Tangible-Asset was 10.70%. The lowest was 2.74%. And the median was 5.53%.
TSE:3918's Return-on-Tangible-Asset is ranked better than 69% of 2894
companies
in the Software industry
Industry Median: 2.095
vs TSE:3918: 7.87
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.
PCI Holdings Return-on-Tangible-Asset Related Terms
PCI Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for PCI 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:3918 vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, PCI 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.
PCI Holdings Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, PCI Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where PCI 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 11.63% mean?
PCI Holdings (TSE:3918) has a Return-on-Tangible-Asset of 11.63% 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 PCI Holdings and its competitors. This is 110% above median its historical median of 5.53. Over the past decade, PCI Holdings' Return-on-Tangible-Asset has ranged from 2.74 to 10.70. According to the industry distribution chart, PCI Holdings ranks #897 out of 2894 companies in the Software industry, placing it in the top 31%.
Is PCI Holdings' Return-on-Tangible-Asset too high?
PCI Holdings' current Return-on-Tangible-Asset of 11.63% is 110% above median its 10-year median of 5.53. Over the past 10 years, this metric has ranged from a low of 2.74 to a high of 10.70. The Software industry median Return-on-Tangible-Asset is 2.10. PCI Holdings' value of 11.63% is 455.1% above this industry median. Based on the distribution chart, PCI Holdings ranks #897 out of 2894 companies in the Software industry, which is above the industry midpoint. Overall, PCI Holdings has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does PCI Holdings' Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, PCI Holdings ranks #897 out of 2894 companies for Return-on-Tangible-Asset. This puts PCI Holdings in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.10. PCI Holdings' value of 11.63% is 455.1% above this benchmark. Historically, PCI Holdings' own Return-on-Tangible-Asset has ranged from 2.74 to 10.70 over the past decade. While the company's 10-year median is 5.53 vs. the industry median of 2.10, PCI 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. PCI Holdings's current Return-on-Tangible-Asset of 11.63% is 455.1% 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 PCI 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. PCI Holdings's current Return-on-Tangible-Asset is 11.63%, which is 110% above median its own 10-year median of 5.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PCI Holdings stock overvalued right now?
PCI Holdings (TSE:3918) has a current Return-on-Tangible-Asset of 11.63%. The current Return-on-Tangible-Asset is 11.63%, which is 110% above median its 10-year median of 5.53 and 455.1% above the Software industry median of 2.10. PCI Holdings' overall GF Score™ is 41/100 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 PCI Holdings (TSE:3918), the current Return-on-Tangible-Asset is 11.63% 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.
PCI Holdings Inc provides information and technology solutions. The company's business segments are Technical Solutions, Business Solutions, and Internet of Things and Internet of Everything Solutions.
41GF Score
Get the complete analysis for TSE:3918
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:3918 has been successfully added to your 
