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i Cubed SystemsTSE:4495 +0.10%89 Return-on-Tangible-Asset is 22.85% as of Mar. 2026, which is 21% above its 10-year median of 18.86. GuruFocus rates TSE:4495 with a GF Score™ of 89/100 and a GF Value™ of 円2,592.20 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,887 Software companies, i Cubed Systems ranks better than 89.5% 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. i Cubed Systems's annualizedNet Income for the quarter that ended in Mar. 2026 was 円898 Mil. i Cubed Systems's average total tangible assets for the quarter that ended in Mar. 2026 was 円3,930 Mil. Therefore, i Cubed Systems's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 22.85%.
The historical rank and industry rank for i Cubed Systems's Return-on-Tangible-Asset or its related term are showing as below:
TSE:4495'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 14.71 Med: 18.86 Max: 29.04
Current: 18.66
During the past 9 years, i Cubed Systems's highest Return-on-Tangible-Asset was 29.04%. The lowest was 14.71%. And the median was 18.86%.
TSE:4495's Return-on-Tangible-Asset is ranked better than 89.5% of 2887
companies
in the Software industry
Industry Median: 2.04
vs TSE:4495: 18.66
i Cubed Systems (TSE:4495) 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.
i Cubed Systems Return-on-Tangible-Asset Related Terms
i Cubed Systems Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for i Cubed Systems'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:4495 vs CRM, SHOP, UBER: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, i Cubed Systems'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.
i Cubed Systems Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, i Cubed Systems's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where i Cubed Systems'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 22.85% mean?
i Cubed Systems (TSE:4495) has a Return-on-Tangible-Asset of 22.85% 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 i Cubed Systems and its competitors. This is 21% above median its historical median of 18.86. Over the past decade, i Cubed Systems' Return-on-Tangible-Asset has ranged from 14.71 to 29.04. According to the industry distribution chart, i Cubed Systems ranks #303 out of 2887 companies in the Software industry, placing it in the top 10.5%.
Is i Cubed Systems' Return-on-Tangible-Asset too high?
i Cubed Systems' current Return-on-Tangible-Asset of 22.85% is 21% above median its 10-year median of 18.86. Over the past 10 years, this metric has ranged from a low of 14.71 to a high of 29.04. The Software industry median Return-on-Tangible-Asset is 2.04. i Cubed Systems' value of 22.85% is 1020.1% above this industry median. Based on the distribution chart, i Cubed Systems ranks #303 out of 2887 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, i Cubed Systems has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does i Cubed Systems' Return-on-Tangible-Asset compare to CRM and SHOP?
According to the Software industry distribution chart, i Cubed Systems ranks #303 out of 2887 companies for Return-on-Tangible-Asset. This places i Cubed Systems in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.04. i Cubed Systems' value of 22.85% is 1020.1% above this benchmark. Historically, i Cubed Systems' own Return-on-Tangible-Asset has ranged from 14.71 to 29.04 over the past decade. While the company's 10-year median is 18.86 vs. the industry median of 2.04, i Cubed Systems 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 2,887 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. i Cubed Systems's current Return-on-Tangible-Asset of 22.85% is 1020.1% 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 i Cubed Systems 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. i Cubed Systems's current Return-on-Tangible-Asset is 22.85%, which is 21% above median its own 10-year median of 18.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is i Cubed Systems stock overvalued right now?
Based on GuruFocus' analysis, i Cubed Systems (TSE:4495) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,592.20, compared to a current price of 円2,038.00 — trading 21.4% below its estimated fair value. The current Return-on-Tangible-Asset is 22.85%, which is 21% above median its 10-year median of 18.86 and 1020.1% above the Software industry median of 2.04. i Cubed Systems' overall GF Score™ is 89/100 with 3 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 i Cubed Systems (TSE:4495), the current Return-on-Tangible-Asset is 22.85% 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 i Cubed Systems (TSE:4495) Overvalued in 2026?
Based on GuruFocus' analysis, i Cubed Systems stock appears to be undervalued.
The current stock price of 円2,038.00 is trading 21.4% below its estimated GF Value™ of 円2,592.20.
GuruFocus considers i Cubed Systems to be Modestly Undervalued.
Key valuation signals for TSE:4495:
Return-on-Tangible-Asset: 22.85% (21% above median its 10-year median of 18.86)
GF Value™: 円2,592.20 vs. price of 円2,038.00 (21.4% below fair value)
Industry Position: 1020.1% above the Software median (#303 of 2887)
No single metric tells the full story. See the TSE:4495 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
i Cubed Systems Inc is engaged in the provision of mobile device management services for corporations. The company provides CLOMO's business application series that includes Clomo browser, Clomo Mailer, Clomo Calendar, Clomo Address book, and Clomo File sharing. The Group has two reportable segments: CLOMO Business and Investment Business.
89GF Score
Get the complete analysis for TSE:4495
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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