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GMO internetTSE:4784 +0.38%55 Return-on-Tangible-Asset is 13.23% as of Dec. 2025, which is 483% above its 10-year median of 2.27. GuruFocus rates TSE:4784 with a GF Score™ of 55/100 and a GF Value™ of 円136.57 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,894 Software companies, GMO internet ranks better than 81.06% 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. GMO internet's annualizedNet Income for the quarter that ended in Dec. 2025 was 円6,200 Mil. GMO internet's average total tangible assets for the quarter that ended in Dec. 2025 was 円46,853 Mil. Therefore, GMO internet's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 13.23%.
The historical rank and industry rank for GMO internet's Return-on-Tangible-Asset or its related term are showing as below:
TSE:4784'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.22 Med: 2.27 Max: 19.24
Current: 12.48
During the past 13 years, GMO internet's highest Return-on-Tangible-Asset was 19.24%. The lowest was -0.22%. And the median was 2.27%.
TSE:4784's Return-on-Tangible-Asset is ranked better than 81.06% of 2894
companies
in the Software industry
Industry Median: 2.095
vs TSE:4784: 12.48
GMO internet (TSE:4784) 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.
GMO internet Return-on-Tangible-Asset Related Terms
GMO internet Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for GMO internet'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:4784 vs MSFT, ORCL, PLTR: Return-on-Tangible-Asset Comparison
For the Software - Infrastructure subindustry, GMO internet'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.
GMO internet Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, GMO internet's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where GMO internet'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 13.23% mean?
GMO internet (TSE:4784) has a Return-on-Tangible-Asset of 13.23% 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 GMO internet and its competitors. This is 483% above median its historical median of 2.27. According to the industry distribution chart, GMO internet ranks #548 out of 2894 companies in the Software industry, placing it in the top 18.9%.
Is GMO internet's Return-on-Tangible-Asset too high?
GMO internet's current Return-on-Tangible-Asset of 13.23% is 483% above median its 10-year median of 2.27. The Software industry median Return-on-Tangible-Asset is 2.10. GMO internet's value of 13.23% is 531.5% above this industry median. Based on the distribution chart, GMO internet ranks #548 out of 2894 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, GMO internet has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GMO internet's Return-on-Tangible-Asset compare to MSFT and ORCL?
According to the Software industry distribution chart, GMO internet ranks #548 out of 2894 companies for Return-on-Tangible-Asset. This places GMO internet in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.10. GMO internet's value of 13.23% is 531.5% above this benchmark. While the company's 10-year median is 2.27 vs. the industry median of 2.10, GMO internet 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 2,894 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. GMO internet's current Return-on-Tangible-Asset of 13.23% is 531.5% 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 GMO internet 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. GMO internet's current Return-on-Tangible-Asset is 13.23%, which is 483% above median its own 10-year median of 2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GMO internet stock overvalued right now?
Based on GuruFocus' analysis, GMO internet (TSE:4784) is currently considered Significantly Overvalued. The stock's GF Value™ is 円136.57, compared to a current price of 円532.00 — trading 289.5% above its estimated fair value. The current Return-on-Tangible-Asset is 13.23%, which is 483% above median its 10-year median of 2.27 and 531.5% above the Software industry median of 2.10. GMO internet's overall GF Score™ is 55/100 with 2 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 GMO internet (TSE:4784), the current Return-on-Tangible-Asset is 13.23% 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 GMO internet (TSE:4784) Overvalued in 2026?
Based on GuruFocus' analysis, GMO internet stock appears to be overvalued.
The current stock price of 円532.00 is trading 289.5% above its estimated GF Value™ of 円136.57.
GuruFocus considers GMO internet to be Significantly Overvalued.
Key valuation signals for TSE:4784:
Return-on-Tangible-Asset: 13.23% (483% above median its 10-year median of 2.27)
GF Value™: 円136.57 vs. price of 円532.00 (289.5% above fair value)
Industry Position: 531.5% above the Software median (#548 of 2894)
No single metric tells the full story. See the TSE:4784 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GMO internet Inc Internet infrastructure business and Internet advertising and media business that includes Domain business, Cloud hosting business, Access (provider) business Media/AdTech Business, Data Technology Business, Agency Business, and Solutions businesses.
55GF Score
Get the complete analysis for TSE:4784
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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