Signpost (TSE:3996) Return-on-Tangible-Asset: 6.84% (As of Feb. 2026) — 77% Above Median

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

TSE:3996 Signpost Corp TSE:3996
61 GF Score
Price 円192.00
GF Value 円489.09
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Signpost Return-on-Tangible-Asset?

Signpost TSE:3996 -0.52% 61 Return-on-Tangible-Asset is 6.84% as of Feb. 2026, which is 77% above its 10-year median of 3.86. GuruFocus rates TSE:3996 with a GF Score™ of 61/100 and a GF Value™ of 円489.09 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,894 Software companies, Signpost ranks better than 51.62% 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. Signpost's annualized Net Income for the quarter that ended in Feb. 2026 was 円206 Mil. Signpost's average total tangible assets for the quarter that ended in Feb. 2026 was 円3,011 Mil. Therefore, Signpost's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 6.84%.

The historical rank and industry rank for Signpost's Return-on-Tangible-Asset or its related term are showing as below:

TSE:3996' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -39.69   Med: 3.86   Max: 14.63
Current: 2.56

During the past 11 years, Signpost's highest Return-on-Tangible-Asset was 14.63%. The lowest was -39.69%. And the median was 3.86%.

TSE:3996's Return-on-Tangible-Asset is ranked better than
51.62% of 2894 companies
in the Software industry
Industry Median: 2.095 vs TSE:3996: 2.56

Signpost  (TSE:3996) 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 company’s 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 company’s 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.


Signpost Return-on-Tangible-Asset Related Terms


Signpost Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Signpost'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.

Signpost Return-on-Tangible-Asset Chart

Signpost Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.27 -5.65 5.15 9.35 2.57

Signpost Semi-Annual Data
Feb16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.91 6.04 12.97 -1.82 6.84

TSE:3996 vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison

For the Information Technology Services subindustry, Signpost'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.


Signpost Return-on-Tangible-Asset vs Software Industry

For the Software industry and Technology sector, Signpost's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Signpost's Return-on-Tangible-Asset falls into.


TSE:3996
61GF Score
Signpost Corp TSE:3996
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Signpost Return-on-Tangible-Asset Calculation

Signpost's annualized Return-on-Tangible-Asset for the fiscal year that ended in Feb. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=76.224/( (2897.465+3043.644)/ 2 )
=76.224/2970.5545
=2.57 %

Signpost's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=205.894/( (2978.727+3043.644)/ 2 )
=205.894/3011.1855
=6.84 %

* 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 (Feb. 2026) net income data.

What does a Return-on-Tangible-Asset of 6.84% mean?
Signpost (TSE:3996) has a Return-on-Tangible-Asset of 6.84% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Signpost and its competitors. This is 77% above median its historical median of 3.86. According to the industry distribution chart, Signpost ranks #1400 out of 2894 companies in the Software industry, placing it in the top 48.4%.
Is Signpost's Return-on-Tangible-Asset too high?
Signpost's current Return-on-Tangible-Asset of 6.84% is 77% above median its 10-year median of 3.86. The Software industry median Return-on-Tangible-Asset is 2.10. Signpost's value of 6.84% is 226.5% above this industry median. Based on the distribution chart, Signpost ranks #1400 out of 2894 companies in the Software industry, which is above the industry midpoint. Overall, Signpost has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Signpost's Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Signpost ranks #1400 out of 2894 companies for Return-on-Tangible-Asset. This puts Signpost in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.10. Signpost's value of 6.84% is 226.5% above this benchmark. While the company's 10-year median is 3.86 vs. the industry median of 2.10, Signpost 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. Signpost's current Return-on-Tangible-Asset of 6.84% is 226.5% 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 Signpost 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. Signpost's current Return-on-Tangible-Asset is 6.84%, which is 77% above median its own 10-year median of 3.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Signpost stock overvalued right now?
Based on GuruFocus' analysis, Signpost (TSE:3996) is currently considered Significantly Undervalued. The stock's GF Value™ is 円489.09, compared to a current price of 円192.00 — trading 60.7% below its estimated fair value. The current Return-on-Tangible-Asset is 6.84%, which is 77% above median its 10-year median of 3.86 and 226.5% above the Software industry median of 2.10. Signpost's overall GF Score™ is 61/100 with 2 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 Signpost (TSE:3996), the current Return-on-Tangible-Asset is 6.84% as of Feb. 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 Signpost (TSE:3996) Overvalued in 2026?

Based on GuruFocus' analysis, Signpost stock appears to be undervalued. The current stock price of 円192.00 is trading 60.7% below its estimated GF Value™ of 円489.09. GuruFocus considers Signpost to be Significantly Undervalued.

Key valuation signals for TSE:3996:

  • Return-on-Tangible-Asset: 6.84% (77% above median its 10-year median of 3.86)
  • GF Value™: 円489.09 vs. price of 円192.00 (60.7% below fair value)
  • GF Score™: 61/100 with 2 warning signs
  • Industry Position: 226.5% above the Software median (#1400 of 2894)

No single metric tells the full story. See the TSE:3996 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Signpost Business Description

Address 4-12-20 Nihonbashi Honcho, PMO Nihonbashi Honcho 6Floor, Chuo-ku, Tokyo, JPN, 103-0023
Signpost Corp is a Japan-based company engaged in the provision of information technology consulting services. The company operates through three segments namely Consulting business, DX Regional co-creation business and Innovation business.
61GF Score

Get the complete analysis for TSE:3996

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円192.00
Price
円489.09
GF Value