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Showa System EngineeringTSE:4752 -0.06%75 Return-on-Tangible-Asset is 7.58% as of Mar. 2026, which is 30% above its 10-year median of 5.81. GuruFocus rates TSE:4752 with a GF Score™ of 75/100 and a GF Value™ of 円1,597.60 (Fairly Valued). Among 2,893 Software companies, Showa System Engineering ranks better than 72.42% 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. Showa System Engineering's annualizedNet Income for the quarter that ended in Mar. 2026 was 円678 Mil. Showa System Engineering's average total tangible assets for the quarter that ended in Mar. 2026 was 円8,953 Mil. Therefore, Showa System Engineering's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.58%.
The historical rank and industry rank for Showa System Engineering's Return-on-Tangible-Asset or its related term are showing as below:
TSE:4752'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.22 Med: 5.81 Max: 8.69
Current: 8.69
During the past 13 years, Showa System Engineering's highest Return-on-Tangible-Asset was 8.69%. The lowest was 5.22%. And the median was 5.81%.
TSE:4752's Return-on-Tangible-Asset is ranked better than 72.42% of 2893
companies
in the Software industry
Industry Median: 2.07
vs TSE:4752: 8.69
Showa System Engineering (TSE:4752) 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.
Showa System Engineering Return-on-Tangible-Asset Related Terms
Showa System Engineering Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Showa System Engineering'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.
Showa System Engineering Return-on-Tangible-Asset Chart
TSE:4752 vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, Showa System Engineering'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.
Showa System Engineering Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Showa System Engineering's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Showa System Engineering'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 7.58% mean?
Showa System Engineering (TSE:4752) has a Return-on-Tangible-Asset of 7.58% 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 Showa System Engineering and its competitors. This is 30% above median its historical median of 5.81. Over the past decade, Showa System Engineering's Return-on-Tangible-Asset has ranged from 5.22 to 8.69. According to the industry distribution chart, Showa System Engineering ranks #798 out of 2893 companies in the Software industry, placing it in the top 27.6%.
Is Showa System Engineering's Return-on-Tangible-Asset too high?
Showa System Engineering's current Return-on-Tangible-Asset of 7.58% is 30% above median its 10-year median of 5.81. Over the past 10 years, this metric has ranged from a low of 5.22 to a high of 8.69. The Software industry median Return-on-Tangible-Asset is 2.07. Showa System Engineering's value of 7.58% is 266.2% above this industry median. Based on the distribution chart, Showa System Engineering ranks #798 out of 2893 companies in the Software industry, which is above the industry midpoint. Overall, Showa System Engineering has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Showa System Engineering's Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Showa System Engineering ranks #798 out of 2893 companies for Return-on-Tangible-Asset. This puts Showa System Engineering in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.07. Showa System Engineering's value of 7.58% is 266.2% above this benchmark. Historically, Showa System Engineering's own Return-on-Tangible-Asset has ranged from 5.22 to 8.69 over the past decade. While the company's 10-year median is 5.81 vs. the industry median of 2.07, Showa System Engineering 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. Showa System Engineering's current Return-on-Tangible-Asset of 7.58% is 266.2% 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 Showa System Engineering 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. Showa System Engineering's current Return-on-Tangible-Asset is 7.58%, which is 30% above median its own 10-year median of 5.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Showa System Engineering stock overvalued right now?
Based on GuruFocus' analysis, Showa System Engineering (TSE:4752) is currently considered Fairly Valued. The stock's GF Value™ is 円1,597.60, compared to a current price of 円1,544.00 — trading 3.4% below its estimated fair value. The current Return-on-Tangible-Asset is 7.58%, which is 30% above median its 10-year median of 5.81 and 266.2% above the Software industry median of 2.07. Showa System Engineering's overall GF Score™ is 75/100. 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 Showa System Engineering (TSE:4752), the current Return-on-Tangible-Asset is 7.58% 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 Showa System Engineering (TSE:4752) Overvalued in 2026?
Based on GuruFocus' analysis, Showa System Engineering stock appears to be undervalued.
The current stock price of 円1,544.00 is trading 3.4% below its estimated GF Value™ of 円1,597.60.
GuruFocus considers Showa System Engineering to be Fairly Valued.
Key valuation signals for TSE:4752:
Return-on-Tangible-Asset: 7.58% (30% above median its 10-year median of 5.81)
GF Value™: 円1,597.60 vs. price of 円1,544.00 (3.4% below fair value)
Industry Position: 266.2% above the Software median (#798 of 2893)
No single metric tells the full story. See the TSE:4752 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Showa System Engineering Corp is engaged in development of information systems, system integration, consulting, software design, and development related to corporate computer systems. The company also provides business support services to various industries, such as administrative services for financial institutions, medical checkup reservations, and scanning services.
75GF Score
Get the complete analysis for TSE:4752
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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