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.
YmirlinkTSE:4372 -0.47%87 Return-on-Tangible-Asset is 6.49% as of Dec. 2025, which is 59% below its 10-year median of 16.01. GuruFocus rates TSE:4372 with a GF Score™ of 87/100 and a GF Value™ of 円1,803.79 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,893 Software companies, Ymirlink ranks better than 80.16% 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. Ymirlink's annualizedNet Income for the quarter that ended in Dec. 2025 was 円223 Mil. Ymirlink's average total tangible assets for the quarter that ended in Dec. 2025 was 円3,432 Mil. Therefore, Ymirlink's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 6.49%.
The historical rank and industry rank for Ymirlink's Return-on-Tangible-Asset or its related term are showing as below:
TSE:4372'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 10.63 Med: 16.01 Max: 17.44
Current: 11.43
During the past 7 years, Ymirlink's highest Return-on-Tangible-Asset was 17.44%. The lowest was 10.63%. And the median was 16.01%.
TSE:4372's Return-on-Tangible-Asset is ranked better than 80.16% of 2893
companies
in the Software industry
Industry Median: 2.07
vs TSE:4372: 11.43
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.
Ymirlink Return-on-Tangible-Asset Related Terms
Ymirlink Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ymirlink'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:4372 vs QH, SHOP, UBER: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, Ymirlink'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.
Ymirlink Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Ymirlink's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ymirlink'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 6.49% mean?
Ymirlink (TSE:4372) has a Return-on-Tangible-Asset of 6.49% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Ymirlink and its competitors. This is 59% below median its historical median of 16.01. Over the past decade, Ymirlink's Return-on-Tangible-Asset has ranged from 10.63 to 17.44. According to the industry distribution chart, Ymirlink ranks #574 out of 2893 companies in the Software industry, placing it in the top 19.8%.
Is Ymirlink's Return-on-Tangible-Asset too high?
Ymirlink's current Return-on-Tangible-Asset of 6.49% is 59% below median its 10-year median of 16.01. Over the past 10 years, this metric has ranged from a low of 10.63 to a high of 17.44. The Software industry median Return-on-Tangible-Asset is 2.07. Ymirlink's value of 6.49% is 213.5% above this industry median. Based on the distribution chart, Ymirlink ranks #574 out of 2893 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Ymirlink has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ymirlink's Return-on-Tangible-Asset compare to QH and SHOP?
According to the Software industry distribution chart, Ymirlink ranks #574 out of 2893 companies for Return-on-Tangible-Asset. This places Ymirlink in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.07. Ymirlink's value of 6.49% is 213.5% above this benchmark. Historically, Ymirlink's own Return-on-Tangible-Asset has ranged from 10.63 to 17.44 over the past decade. While the company's 10-year median is 16.01 vs. the industry median of 2.07, Ymirlink 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 2.07, 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. Ymirlink's current Return-on-Tangible-Asset of 6.49% is 213.5% 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 Ymirlink and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ymirlink's current Return-on-Tangible-Asset is 6.49%, which is 59% below median its own 10-year median of 16.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ymirlink stock overvalued right now?
Based on GuruFocus' analysis, Ymirlink (TSE:4372) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,803.79, compared to a current price of 円1,269.00 — trading 29.6% below its estimated fair value. The current Return-on-Tangible-Asset is 6.49%, which is 59% below median its 10-year median of 16.01 and 213.5% above the Software industry median of 2.07. Ymirlink's overall GF Score™ is 87/100 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 Ymirlink (TSE:4372), the current Return-on-Tangible-Asset is 6.49% as of Dec. 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 Ymirlink (TSE:4372) Overvalued in 2026?
Based on GuruFocus' analysis, Ymirlink stock appears to be undervalued.
The current stock price of 円1,269.00 is trading 29.6% below its estimated GF Value™ of 円1,803.79.
GuruFocus considers Ymirlink to be Significantly Undervalued.
Key valuation signals for TSE:4372:
Return-on-Tangible-Asset: 6.49% (59% below median its 10-year median of 16.01)
GF Value™: 円1,803.79 vs. price of 円1,269.00 (29.6% below fair value)
Industry Position: 213.5% above the Software median (#574 of 2893)
No single metric tells the full story. See the TSE:4372 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ymirlink Inc provides messaging solutions that enable businesses to communicate effectively, safely, and securely using the Internet. It offers solutions that connect corporations and other organizations with society and individuals through the messaging platform, Cuenote. The company's Cuenote series of software products includes Cuenote FC, Cuenote SR-S, Cuenote SMS, Cuenote Auth, Cuenote Push, etc., which offer web push notification services, survey systems, authentication services, SMS and Email delivery, and other related services. It operates in a single segment, the messaging solutions business.
87GF Score
Get the complete analysis for TSE:4372
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:4372 has been successfully added to your 
