Netstars Co (TSE:5590) Return-on-Tangible-Asset: 0.00% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:5590 Netstars Co Ltd TSE:5590
12 GF Score
Price 円709.00
! 3 Warning Signs
View Full Analysis

What is Netstars Co Return-on-Tangible-Asset?

Netstars Co TSE:5590 -0.28% 12 Return-on-Tangible-Asset is 0.00% as of Jun. 2026. GuruFocus rates TSE:5590 with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 2,894 Software companies, Netstars Co ranks worse than 52.32% 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. Netstars Co's annualized Net Income for the quarter that ended in Jun. 2026 was 円0 Mil. Netstars Co's average total tangible assets for the quarter that ended in Jun. 2026 was 円39,643 Mil. Therefore, Netstars Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 0.00%.

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

TSE:5590' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.65   Med: -1.44   Max: 1.54
Current: 1.54

During the past 5 years, Netstars Co's highest Return-on-Tangible-Asset was 1.54%. The lowest was -5.65%. And the median was -1.44%.

TSE:5590's Return-on-Tangible-Asset is ranked worse than
52.32% of 2894 companies
in the Software industry
Industry Median: 2.095 vs TSE:5590: 1.54

Netstars Co  (TSE:5590) 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.


Netstars Co Return-on-Tangible-Asset Related Terms


Netstars Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Netstars 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.

Netstars Co Return-on-Tangible-Asset Chart

Netstars Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
-5.65 -2.95 -1.44 -0.12 1.33

Netstars Co Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.92 0.98 2.82 1.41 0.00

TSE:5590 vs MSFT, ORCL, PLTR: Return-on-Tangible-Asset Comparison

For the Software - Infrastructure subindustry, Netstars 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.


Netstars Co Return-on-Tangible-Asset vs Software Industry

For the Software industry and Technology sector, Netstars Co's Return-on-Tangible-Asset distribution charts can be found below:

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


TSE:5590
12GF Score
Netstars Co Ltd TSE:5590
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Netstars Co Return-on-Tangible-Asset Calculation

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

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=485.016/( (35090.278+37836.872)/ 2 )
=485.016/36463.575
=1.33 %

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

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=0/( (39950.999+39334.679)/ 2 )
=0/39642.839
=0.00 %

* 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 0.00% mean?
Netstars Co (TSE:5590) has a Return-on-Tangible-Asset of 0.00% 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 Netstars Co and its competitors. According to the industry distribution chart, Netstars Co ranks #1514 out of 2894 companies in the Software industry, placing it in the top 52.3%.
Is Netstars Co's Return-on-Tangible-Asset too high?
Netstars Co's current Return-on-Tangible-Asset is 0.00%. Based on the distribution chart, Netstars Co ranks #1514 out of 2894 companies in the Software industry, which is below the industry midpoint. Overall, Netstars Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Netstars Co's Return-on-Tangible-Asset compare to MSFT and ORCL?
According to the Software industry distribution chart, Netstars Co ranks #1514 out of 2894 companies for Return-on-Tangible-Asset. This places Netstars Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.10. 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. 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 Netstars Co 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. Netstars Co's current Return-on-Tangible-Asset is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netstars Co stock overvalued right now?
Netstars Co (TSE:5590) has a current Return-on-Tangible-Asset of 0.00%. The current Return-on-Tangible-Asset is 0.00%. Netstars Co's overall GF Score™ is 12/100 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 Netstars Co (TSE:5590), the current Return-on-Tangible-Asset is 0.00% 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.

Netstars Co Business Description

Other Exchanges UK3:Germany
Address 3-3-5 Hatchobori, 3rd Floor Sumitomo Fudosan Hatchobori Building, Chuo-ku, Tokyo, JPN, 104-0032
Netstars Co Ltd is an internet service company. its services are focused on three key areas: StarPay, its multi-cashless payment solution; StarPay-DX, which tackles store operation issues through labor-saving DX; and StarPay Global, which advances the cashless revolution overseas. The company concentrates its efforts on the fintech business, with payment at its foundation.
12GF Score

Get the complete analysis for TSE:5590

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

円709.00
Price