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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. Asakawa Systems Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円274 Mil. Asakawa Systems Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円0 Mil. Therefore, Asakawa Systems Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 15.14%.
The historical rank and industry rank for Asakawa Systems Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:5249'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.09 Med: 10.08 Max: 11.22
Current: 9.09
During the past 6 years, Asakawa Systems Co's highest Return-on-Tangible-Asset was 11.22%. The lowest was 6.09%. And the median was 10.08%.
TSE:5249's Return-on-Tangible-Asset is not ranked
in the Software industry.
Industry Median: 2.035
vs TSE:5249: 9.09
Asakawa Systems Co (TSE:5249) 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.
Asakawa Systems Co Return-on-Tangible-Asset Related Terms
Asakawa Systems Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Asakawa Systems Co'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.
For the Information Technology Services subindustry, Asakawa Systems Co'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.
Asakawa Systems Co Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Asakawa Systems Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Asakawa Systems Co'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 15.14% mean?
Asakawa Systems Co (TSE:5249) has a Return-on-Tangible-Asset of 15.14% 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 Asakawa Systems Co and its competitors. This is 50% above median its historical median of 10.08. Over the past decade, Asakawa Systems Co's Return-on-Tangible-Asset has ranged from 6.09 to 11.22.
Is Asakawa Systems Co's Return-on-Tangible-Asset too high?
Asakawa Systems Co's current Return-on-Tangible-Asset of 15.14% is 50% above median its 10-year median of 10.08. Over the past 10 years, this metric has ranged from a low of 6.09 to a high of 11.22. The Software industry median Return-on-Tangible-Asset is 2.04. Asakawa Systems Co's value of 15.14% is 644% above this industry median. Overall, Asakawa Systems Co has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Asakawa Systems Co's Return-on-Tangible-Asset compare to ?
Asakawa Systems Co's Return-on-Tangible-Asset of 15.14% can be compared against companies in the Software industry. The industry median Return-on-Tangible-Asset is 2.04. Asakawa Systems Co's value of 15.14% is 644% above this benchmark. Historically, Asakawa Systems Co's own Return-on-Tangible-Asset has ranged from 6.09 to 11.22 over the past decade. While the company's 10-year median is 10.08 vs. the industry median of 2.04, Asakawa Systems Co 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 2,898 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. Asakawa Systems Co's current Return-on-Tangible-Asset of 15.14% is 644% 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 Asakawa Systems Co 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. Asakawa Systems Co's current Return-on-Tangible-Asset is 15.14%, which is 50% above median its own 10-year median of 10.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asakawa Systems Co stock overvalued right now?
Asakawa Systems Co (TSE:5249) has a current Return-on-Tangible-Asset of 15.14%. The current Return-on-Tangible-Asset is 15.14%, which is 50% above median its 10-year median of 10.08 and 644% above the Software industry median of 2.04. Asakawa Systems Co's overall GF Score™ is 26/100 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 Asakawa Systems Co (TSE:5249), the current Return-on-Tangible-Asset is 15.14% 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.
Asakawa Systems Co Ltd is engaged in providing IT solutions such as the development and introduction of core business systems for the construction industry.
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