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Cynd CoTSE:4256 +0.91%79 Return-on-Tangible-Asset is 6.10% as of Mar. 2026, which is 30% below its 10-year median of 8.73. GuruFocus rates TSE:4256 with a GF Score™ of 79/100 and a GF Value™ of 円1,308.60 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,893 Software companies, Cynd Co ranks better than 65.3% 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. Cynd Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円172 Mil. Cynd Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円2,823 Mil. Therefore, Cynd Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.10%.
The historical rank and industry rank for Cynd Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:4256'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.7 Med: 8.73 Max: 30.5
Current: 6.31
During the past 7 years, Cynd Co's highest Return-on-Tangible-Asset was 30.50%. The lowest was 1.70%. And the median was 8.73%.
TSE:4256's Return-on-Tangible-Asset is ranked better than 65.3% of 2893
companies
in the Software industry
Industry Median: 2.04
vs TSE:4256: 6.31
Cynd Co (TSE:4256) 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.
Cynd Co Return-on-Tangible-Asset Related Terms
Cynd Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Cynd 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:4256 vs QH, SHOP, UBER: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, Cynd 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.
Cynd Co Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Cynd Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Cynd 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 6.10% mean?
Cynd Co (TSE:4256) has a Return-on-Tangible-Asset of 6.10% 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 Cynd Co and its competitors. This is 30% below median its historical median of 8.73. Over the past decade, Cynd Co's Return-on-Tangible-Asset has ranged from 1.70 to 30.50. According to the industry distribution chart, Cynd Co ranks #1004 out of 2893 companies in the Software industry, placing it in the top 34.7%.
Is Cynd Co's Return-on-Tangible-Asset too high?
Cynd Co's current Return-on-Tangible-Asset of 6.10% is 30% below median its 10-year median of 8.73. Over the past 10 years, this metric has ranged from a low of 1.70 to a high of 30.50. The Software industry median Return-on-Tangible-Asset is 2.04. Cynd Co's value of 6.10% is 199% above this industry median. Based on the distribution chart, Cynd Co ranks #1004 out of 2893 companies in the Software industry, which is above the industry midpoint. Overall, Cynd Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cynd Co's Return-on-Tangible-Asset compare to QH and SHOP?
According to the Software industry distribution chart, Cynd Co ranks #1004 out of 2893 companies for Return-on-Tangible-Asset. This puts Cynd Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.04. Cynd Co's value of 6.10% is 199% above this benchmark. Historically, Cynd Co's own Return-on-Tangible-Asset has ranged from 1.70 to 30.50 over the past decade. While the company's 10-year median is 8.73 vs. the industry median of 2.04, Cynd 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.04, based on 2,893 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. Cynd Co's current Return-on-Tangible-Asset of 6.10% is 199% 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 Cynd Co and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cynd Co's current Return-on-Tangible-Asset is 6.10%, which is 30% below median its own 10-year median of 8.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cynd Co stock overvalued right now?
Based on GuruFocus' analysis, Cynd Co (TSE:4256) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,308.60, compared to a current price of 円1,002.00 — trading 23.4% below its estimated fair value. The current Return-on-Tangible-Asset is 6.10%, which is 30% below median its 10-year median of 8.73 and 199% above the Software industry median of 2.04. Cynd Co's overall GF Score™ is 79/100 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 Cynd Co (TSE:4256), the current Return-on-Tangible-Asset is 6.10% 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 Cynd Co (TSE:4256) Overvalued in 2026?
Based on GuruFocus' analysis, Cynd Co stock appears to be undervalued.
The current stock price of 円1,002.00 is trading 23.4% below its estimated GF Value™ of 円1,308.60.
GuruFocus considers Cynd Co to be Modestly Undervalued.
Key valuation signals for TSE:4256:
Return-on-Tangible-Asset: 6.10% (30% below median its 10-year median of 8.73)
GF Value™: 円1,308.60 vs. price of 円1,002.00 (23.4% below fair value)
Industry Position: 199% above the Software median (#1004 of 2893)
No single metric tells the full story. See the TSE:4256 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cynd Co Ltd is engaged in the development and provision reservation management system (BeautyMerit) for beauty salons that centrally manages inventory, prices, etc. on customer attraction sites and in-house reservation engines of multiple beauty salons. The company has a single segment, the beauty salon solutions business.
79GF Score
Get the complete analysis for TSE:4256
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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