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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. TAC Co's annualizedNet Income for the quarter that ended in Sep. 2025 was 円1,097 Mil. TAC Co's average total tangible assets for the quarter that ended in Sep. 2025 was 円20,075 Mil. Therefore, TAC Co's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2025 was 5.47%.
The historical rank and industry rank for TAC Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:4319'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.07 Med: 1.74 Max: 2.27
Current: 2.15
During the past 13 years, TAC Co's highest Return-on-Tangible-Asset was 2.27%. The lowest was -1.07%. And the median was 1.74%.
TSE:4319's Return-on-Tangible-Asset is not ranked
in the Education industry.
Industry Median: 4.42
vs TSE:4319: 2.15
TAC Co (TSE:4319) 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.
TAC Co Return-on-Tangible-Asset Related Terms
TAC Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for TAC 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:4319 vs EDU, TAL, LAUR: Return-on-Tangible-Asset Comparison
For the Education & Training Services subindustry, TAC 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.
TAC Co Return-on-Tangible-Asset vs Education Industry
For the Education industry and Consumer Defensive sector, TAC Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where TAC 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 (Sep. 2025) net income data.
What does a Return-on-Tangible-Asset of 5.47% mean?
TAC Co (TSE:4319) has a Return-on-Tangible-Asset of 5.47% as of Sep. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on TAC Co and its competitors. This is 214% above median its historical median of 1.74.
Is TAC Co's Return-on-Tangible-Asset too high?
TAC Co's current Return-on-Tangible-Asset of 5.47% is 214% above median its 10-year median of 1.74. The Education industry median Return-on-Tangible-Asset is 4.42. TAC Co's value of 5.47% is 23.8% above this industry median. Overall, TAC Co has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does TAC Co's Return-on-Tangible-Asset compare to EDU and TAL?
TAC Co's Return-on-Tangible-Asset of 5.47% can be compared against companies in the Education industry. The industry median Return-on-Tangible-Asset is 4.42. TAC Co's value of 5.47% is 23.8% above this benchmark. While the company's 10-year median is 1.74 vs. the industry median of 4.42, TAC 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 Education company?
The median Return-on-Tangible-Asset among Education companies is 4.42, based on 264 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. TAC Co's current Return-on-Tangible-Asset of 5.47% is 23.8% 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 TAC Co and its competitors. For the Education industry, the median Return-on-Tangible-Asset is 4.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAC Co's current Return-on-Tangible-Asset is 5.47%, which is 214% above median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAC Co stock overvalued right now?
TAC Co (TSE:4319) has a current Return-on-Tangible-Asset of 5.47%. The stock's GF Value™ is 円192.17, compared to a current price of 円347.00 — trading 80.6% above its estimated fair value. The current Return-on-Tangible-Asset is 5.47%, which is 214% above median its 10-year median of 1.74 and 23.8% above the Education industry median of 4.42. TAC Co's overall GF Score™ is 42/100 with 10 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 TAC Co (TSE:4319), the current Return-on-Tangible-Asset is 5.47% as of Sep. 2025. 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 TAC Co (TSE:4319) Overvalued in 2026?
Based on GuruFocus' analysis, TAC Co stock appears to be overvalued.
The current stock price of 円347.00 is trading 80.6% above its estimated GF Value™ of 円192.17.
Key valuation signals for TSE:4319:
Return-on-Tangible-Asset: 5.47% (214% above median its 10-year median of 1.74)
GF Value™: 円192.17 vs. price of 円347.00 (80.6% above fair value)
Industry Position: 23.8% above the Education median
No single metric tells the full story. See the TSE:4319 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TAC Co Ltd is a Japan-based company engages in providing educational services. The company is engaged in the personal education, corporate training, publishing, and manpower businesses. Its personal education business division offers preparatory courses for qualifications for individual students and provides training for corporations.
42GF Score
Get the complete analysis for TSE:4319
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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