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Japan Business SystemsTSE:5036 +1.40%81 Return-on-Tangible-Asset is 4.72% as of Jun. 2026, which is 28% below its 10-year median of 6.57. GuruFocus rates TSE:5036 with a GF Score™ of 81/100 and a GF Value™ of 円2,341.78 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,899 Software companies, Japan Business Systems ranks better than 71.58% 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. Japan Business Systems's annualizedNet Income for the quarter that ended in Jun. 2026 was 円4,512 Mil. Japan Business Systems's average total tangible assets for the quarter that ended in Jun. 2026 was 円0 Mil. Therefore, Japan Business Systems's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 4.72%.
The historical rank and industry rank for Japan Business Systems's Return-on-Tangible-Asset or its related term are showing as below:
TSE:5036'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.8 Med: 6.57 Max: 8.79
Current: 8.79
During the past 6 years, Japan Business Systems's highest Return-on-Tangible-Asset was 8.79%. The lowest was 2.80%. And the median was 6.57%.
TSE:5036's Return-on-Tangible-Asset is ranked better than 71.58% of 2899
companies
in the Software industry
Industry Median: 2.03
vs TSE:5036: 8.79
Japan Business Systems (TSE:5036) 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.
Japan Business Systems Return-on-Tangible-Asset Related Terms
Japan Business Systems Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Japan Business 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.
Japan Business Systems Return-on-Tangible-Asset Chart
TSE:5036 vs MSFT, PLTR, ORCL: Return-on-Tangible-Asset Comparison
For the Software - Infrastructure subindustry, Japan Business 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.
Japan Business Systems Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Japan Business Systems's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Japan Business 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.72% mean?
Japan Business Systems (TSE:5036) has a Return-on-Tangible-Asset of 4.72% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Japan Business Systems and its competitors. This is 28% below median its historical median of 6.57. Over the past decade, Japan Business Systems' Return-on-Tangible-Asset has ranged from 2.80 to 8.79. According to the industry distribution chart, Japan Business Systems ranks #824 out of 2899 companies in the Software industry, placing it in the top 28.4%.
Is Japan Business Systems' Return-on-Tangible-Asset too high?
Japan Business Systems' current Return-on-Tangible-Asset of 4.72% is 28% below median its 10-year median of 6.57. Over the past 10 years, this metric has ranged from a low of 2.80 to a high of 8.79. The Software industry median Return-on-Tangible-Asset is 2.03. Japan Business Systems' value of 4.72% is 132.5% above this industry median. Based on the distribution chart, Japan Business Systems ranks #824 out of 2899 companies in the Software industry, which is above the industry midpoint. Overall, Japan Business Systems has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Japan Business Systems' Return-on-Tangible-Asset compare to MSFT and PLTR?
According to the Software industry distribution chart, Japan Business Systems ranks #824 out of 2899 companies for Return-on-Tangible-Asset. This puts Japan Business Systems in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.03. Japan Business Systems' value of 4.72% is 132.5% above this benchmark. Historically, Japan Business Systems' own Return-on-Tangible-Asset has ranged from 2.80 to 8.79 over the past decade. While the company's 10-year median is 6.57 vs. the industry median of 2.03, Japan Business 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 2.03, based on 2,899 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. Japan Business Systems's current Return-on-Tangible-Asset of 4.72% is 132.5% 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 Japan Business Systems and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Business Systems's current Return-on-Tangible-Asset is 4.72%, which is 28% below median its own 10-year median of 6.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Business Systems stock overvalued right now?
Based on GuruFocus' analysis, Japan Business Systems (TSE:5036) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,341.78, compared to a current price of 円1,593.00 — trading 32% below its estimated fair value. The current Return-on-Tangible-Asset is 4.72%, which is 28% below median its 10-year median of 6.57 and 132.5% above the Software industry median of 2.03. Japan Business Systems' overall GF Score™ is 81/100 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 Japan Business Systems (TSE:5036), the current Return-on-Tangible-Asset is 4.72% as of Jun. 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 Japan Business Systems (TSE:5036) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Business Systems stock appears to be undervalued.
The current stock price of 円1,593.00 is trading 32% below its estimated GF Value™ of 円2,341.78.
GuruFocus considers Japan Business Systems to be Significantly Undervalued.
Key valuation signals for TSE:5036:
Return-on-Tangible-Asset: 4.72% (28% below median its 10-year median of 6.57)
GF Value™: 円2,341.78 vs. price of 円1,593.00 (32% below fair value)
Industry Position: 132.5% above the Software median (#824 of 2899)
No single metric tells the full story. See the TSE:5036 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Business Systems Inc operates in the information technology sector. The company works with cloud companies, various hardware and software manufacturers, research institutes and universities, etc., to provide cloud services to its clients. It is a cloud services integrator that provides consulting and IT services that can maximize customer performance by utilizing cloud services centered on Microsoft. The various services offered by the company include digital transformation, cloud infrastructure solutions, SAP system solutions, Microsoft 365 and Power platform-related solutions, and others. Its reportable segments are; Cloud Integration, which derives key revenue, and Cloud Services. Geographically, the company operates in Japan.
81GF Score
Get the complete analysis for TSE:5036
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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