Realgate (TSE:5532) Return-on-Tangible-Asset: 5.12% (As of Mar. 2026) — 83% Above Median

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TSE:5532 Realgate Inc TSE:5532
42 GF Score
Price 円3,295.00
GF Value 円1,483.44
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Realgate Return-on-Tangible-Asset?

Realgate TSE:5532 +2.81% 42 Return-on-Tangible-Asset is 5.12% as of Mar. 2026, which is 83% above its 10-year median of 2.80. GuruFocus rates TSE:5532 with a GF Score™ of 42/100 and a GF Value™ of 円1,483.44 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,800 Real Estate companies, Realgate ranks better than 63.56% 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. Realgate's annualized Net Income for the quarter that ended in Mar. 2026 was 円1,188 Mil. Realgate's average total tangible assets for the quarter that ended in Mar. 2026 was 円23,198 Mil. Therefore, Realgate's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.12%.

The historical rank and industry rank for Realgate's Return-on-Tangible-Asset or its related term are showing as below:

TSE:5532' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.57   Med: 2.8   Max: 3.12
Current: 3.12

During the past 5 years, Realgate's highest Return-on-Tangible-Asset was 3.12%. The lowest was 0.57%. And the median was 2.80%.

TSE:5532's Return-on-Tangible-Asset is ranked better than
63.56% of 1800 companies
in the Real Estate industry
Industry Median: 1.78 vs TSE:5532: 3.12

Realgate  (TSE:5532) 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 company’s 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 company’s 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.


Realgate Return-on-Tangible-Asset Related Terms


Realgate Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Realgate'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.

Realgate Return-on-Tangible-Asset Chart

Realgate Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
Return-on-Tangible-Asset
1.11 0.57 2.93 2.80 3.02

Realgate Semi-Annual Data
Sep21 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only 7.49 -0.90 5.54 0.82 5.12

TSE:5532 vs CBRE, BEKE, JLL: Return-on-Tangible-Asset Comparison

For the Real Estate Services subindustry, Realgate'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.


Realgate Return-on-Tangible-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Realgate's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Realgate's Return-on-Tangible-Asset falls into.


TSE:5532
42GF Score
Realgate Inc TSE:5532
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Realgate Return-on-Tangible-Asset Calculation

Realgate's annualized Return-on-Tangible-Asset for the fiscal year that ended in Sep. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=559.22/( (15836.214+21203.984)/ 2 )
=559.22/18520.099
=3.02 %

Realgate's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=1187.946/( (21203.984+25192.719)/ 2 )
=1187.946/23198.3515
=5.12 %

* 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 5.12% mean?
Realgate (TSE:5532) has a Return-on-Tangible-Asset of 5.12% 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 Realgate and its competitors. This is 83% above median its historical median of 2.80. Over the past decade, Realgate's Return-on-Tangible-Asset has ranged from 0.57 to 3.12. According to the industry distribution chart, Realgate ranks #656 out of 1800 companies in the Real Estate industry, placing it in the top 36.4%.
Is Realgate's Return-on-Tangible-Asset too high?
Realgate's current Return-on-Tangible-Asset of 5.12% is 83% above median its 10-year median of 2.80. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 3.12. The Real Estate industry median Return-on-Tangible-Asset is 1.78. Realgate's value of 5.12% is 187.6% above this industry median. Based on the distribution chart, Realgate ranks #656 out of 1800 companies in the Real Estate industry, which is above the industry midpoint. Overall, Realgate has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Realgate's Return-on-Tangible-Asset compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Realgate ranks #656 out of 1800 companies for Return-on-Tangible-Asset. This puts Realgate in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.78. Realgate's value of 5.12% is 187.6% above this benchmark. Historically, Realgate's own Return-on-Tangible-Asset has ranged from 0.57 to 3.12 over the past decade. While the company's 10-year median is 2.80 vs. the industry median of 1.78, Realgate 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.78, based on 1,800 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. Realgate's current Return-on-Tangible-Asset of 5.12% is 187.6% 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 Realgate and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Realgate's current Return-on-Tangible-Asset is 5.12%, which is 83% above median its own 10-year median of 2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Realgate stock overvalued right now?
Based on GuruFocus' analysis, Realgate (TSE:5532) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,483.44, compared to a current price of 円3,295.00 — trading 122.1% above its estimated fair value. The current Return-on-Tangible-Asset is 5.12%, which is 83% above median its 10-year median of 2.80 and 187.6% above the Real Estate industry median of 1.78. Realgate's overall GF Score™ is 42/100 with 6 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 Realgate (TSE:5532), the current Return-on-Tangible-Asset is 5.12% 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 Realgate (TSE:5532) Overvalued in 2026?

Based on GuruFocus' analysis, Realgate stock appears to be overvalued. The current stock price of 円3,295.00 is trading 122.1% above its estimated GF Value™ of 円1,483.44. GuruFocus considers Realgate to be Significantly Overvalued.

Key valuation signals for TSE:5532:

  • Return-on-Tangible-Asset: 5.12% (83% above median its 10-year median of 2.80)
  • GF Value™: 円1,483.44 vs. price of 円3,295.00 (122.1% above fair value)
  • GF Score™: 42/100 with 6 warning signs
  • Industry Position: 187.6% above the Real Estate median (#656 of 1800)

No single metric tells the full story. See the TSE:5532 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Realgate Business Description

Address 3-51-10 Sendagaya, PORTAL POINT HARAJUKU, Shibuya-ku, Tokyo, JPN, 151-0051
Realgate Inc is engaged in the Real estate consulting business, sales business, brokerage business, leasing business, management and operation business, construction and design supervision business, construction and interior construction contract business, and non-life insurance agency business. Realgate, a real estate revitalization company, has become a neighborhood development company.
42GF Score

Get the complete analysis for TSE:5532

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円3,295.00
Price
円1,483.44
GF Value