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.
BranuTSE:460A +0.76%21 Return-on-Tangible-Asset is 13.60% as of Apr. 2026, which is 80% above its 10-year median of 7.55. GuruFocus rates TSE:460A with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 2,895 Software companies, Branu ranks better than 89.15% 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. Branu's annualizedNet Income for the quarter that ended in Apr. 2026 was 円200 Mil. Branu's average total tangible assets for the quarter that ended in Apr. 2026 was 円1,471 Mil. Therefore, Branu's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 13.60%.
The historical rank and industry rank for Branu's Return-on-Tangible-Asset or its related term are showing as below:
TSE:460A'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.73 Med: 7.55 Max: 22.86
Current: 18.08
During the past 3 years, Branu's highest Return-on-Tangible-Asset was 22.86%. The lowest was 5.73%. And the median was 7.55%.
TSE:460A's Return-on-Tangible-Asset is ranked better than 89.15% of 2895
companies
in the Software industry
Industry Median: 2.1
vs TSE:460A: 18.08
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.
Branu Return-on-Tangible-Asset Related Terms
Branu Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Branu'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.
Branu Return-on-Tangible-Asset Chart
Branu Annual Data
Trend
Oct23
Oct24
Oct25
Return-on-Tangible-Asset
5.73
7.55
22.86
Branu Semi-Annual Data
Oct23
Oct24
Apr25
Oct25
Apr26
Return-on-Tangible-Asset
0.00
0.00
16.87
27.32
13.60
TSE:460A vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, Branu'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.
Branu Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Branu's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Branu'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 (Apr. 2026) net income data.
What does a Return-on-Tangible-Asset of 13.60% mean?
Branu (TSE:460A) has a Return-on-Tangible-Asset of 13.60% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Branu and its competitors. This is 80% above median its historical median of 7.55. Over the past decade, Branu's Return-on-Tangible-Asset has ranged from 5.73 to 22.86. According to the industry distribution chart, Branu ranks #314 out of 2895 companies in the Software industry, placing it in the top 10.8%.
Is Branu's Return-on-Tangible-Asset too high?
Branu's current Return-on-Tangible-Asset of 13.60% is 80% above median its 10-year median of 7.55. Over the past 10 years, this metric has ranged from a low of 5.73 to a high of 22.86. The Software industry median Return-on-Tangible-Asset is 2.10. Branu's value of 13.60% is 547.6% above this industry median. Based on the distribution chart, Branu ranks #314 out of 2895 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Branu has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Branu's Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Branu ranks #314 out of 2895 companies for Return-on-Tangible-Asset. This places Branu in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.10. Branu's value of 13.60% is 547.6% above this benchmark. Historically, Branu's own Return-on-Tangible-Asset has ranged from 5.73 to 22.86 over the past decade. While the company's 10-year median is 7.55 vs. the industry median of 2.10, Branu 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 2,895 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. Branu's current Return-on-Tangible-Asset of 13.60% is 547.6% 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 Branu 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. Branu's current Return-on-Tangible-Asset is 13.60%, which is 80% above median its own 10-year median of 7.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Branu stock overvalued right now?
Branu (TSE:460A) has a current Return-on-Tangible-Asset of 13.60%. The current Return-on-Tangible-Asset is 13.60%, which is 80% above median its 10-year median of 7.55 and 547.6% above the Software industry median of 2.10. Branu's overall GF Score™ is 21/100 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 Branu (TSE:460A), the current Return-on-Tangible-Asset is 13.60% as of Apr. 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.
Branu Inc is a Japan-based company specializing in digital solutions providing to the construction industry. It focuses on transforming the industrial structure of small and medium-sized construction companies through technology. The company is working on its "CAREECON Platform," which consists of the construction matching media "CAREECON" and the integrated business tool "CAREECON Plus".
21GF Score
Get the complete analysis for TSE:460A
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:460A has been successfully added to your 
