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Lassic CoTSE:574A 19 Return-on-Tangible-Asset is 2.45% as of Apr. 2026, which is 72% below its 10-year median of 8.61. GuruFocus rates TSE:574A with a GF Score™ of 19/100. Among 1,093 Business Services companies, Lassic Co ranks better than 63.04% 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. Lassic Co's annualizedNet Income for the quarter that ended in Apr. 2026 was 円45 Mil. Lassic Co's average total tangible assets for the quarter that ended in Apr. 2026 was 円1,848 Mil. Therefore, Lassic Co's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 2.45%.
The historical rank and industry rank for Lassic Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:574A'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.53 Med: 8.61 Max: 10.52
Current: 6.53
During the past 3 years, Lassic Co's highest Return-on-Tangible-Asset was 10.52%. The lowest was 6.53%. And the median was 8.61%.
TSE:574A's Return-on-Tangible-Asset is ranked better than 63.04% of 1093
companies
in the Business Services industry
Industry Median: 4.09
vs TSE:574A: 6.53
Lassic Co (TSE:574A) 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.
Lassic Co Return-on-Tangible-Asset Related Terms
Lassic Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Lassic 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.
Lassic Co Return-on-Tangible-Asset Chart
Lassic Co Annual Data
Trend
Apr24
Apr25
Apr26
Return-on-Tangible-Asset
10.52
8.61
6.62
Lassic Co Semi-Annual Data
Apr24
Apr25
Oct25
Apr26
Return-on-Tangible-Asset
0.00
0.00
10.61
2.45
TSE:574A vs KFY, RHI, TNET: Return-on-Tangible-Asset Comparison
For the Staffing & Employment Services subindustry, Lassic 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.
Lassic Co Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Lassic Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Lassic 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 (Apr. 2026) net income data.
What does a Return-on-Tangible-Asset of 2.45% mean?
Lassic Co (TSE:574A) has a Return-on-Tangible-Asset of 2.45% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Lassic Co and its competitors. This is 72% below median its historical median of 8.61. Over the past decade, Lassic Co's Return-on-Tangible-Asset has ranged from 6.53 to 10.52. According to the industry distribution chart, Lassic Co ranks #404 out of 1093 companies in the Business Services industry, placing it in the top 37%.
Is Lassic Co's Return-on-Tangible-Asset too high?
Lassic Co's current Return-on-Tangible-Asset of 2.45% is 72% below median its 10-year median of 8.61. Over the past 10 years, this metric has ranged from a low of 6.53 to a high of 10.52. The Business Services industry median Return-on-Tangible-Asset is 4.09. Lassic Co's value of 2.45% is 40.1% below this industry median. Based on the distribution chart, Lassic Co ranks #404 out of 1093 companies in the Business Services industry, which is above the industry midpoint. Overall, Lassic Co has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Lassic Co's Return-on-Tangible-Asset compare to KFY and RHI?
According to the Business Services industry distribution chart, Lassic Co ranks #404 out of 1093 companies for Return-on-Tangible-Asset. This puts Lassic Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.09. Lassic Co's value of 2.45% is 40.1% below this benchmark. Historically, Lassic Co's own Return-on-Tangible-Asset has ranged from 6.53 to 10.52 over the past decade. While the company's 10-year median is 8.61 vs. the industry median of 4.09, Lassic Co has consistently been below 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 4.09, based on 1,093 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. Lassic Co's current Return-on-Tangible-Asset of 2.45% is 40.1% below 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 Lassic Co and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 4.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lassic Co's current Return-on-Tangible-Asset is 2.45%, which is 72% below median its own 10-year median of 8.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lassic Co stock overvalued right now?
Lassic Co (TSE:574A) has a current Return-on-Tangible-Asset of 2.45%. The current Return-on-Tangible-Asset is 2.45%, which is 72% below median its 10-year median of 8.61 and 40.1% below the Business Services industry median of 4.09. Lassic Co's overall GF Score™ is 19/100. 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 Lassic Co (TSE:574A), the current Return-on-Tangible-Asset is 2.45% as of Apr. 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.
Lassic Co Ltd provides recruitment services and system development support using IT professional freelancers. The company's business platforms include: i) Remogu: Human resources service specializing in remote work. It develops borderless matching services that transcend boundaries such as work styles, places of work (overseas and regions), age, and occupation. ii) IT Solutions: In the field of system operation and maintenance, which is troubled by business continuity due to a shortage of human resources, Prime (primary contracting) system integration services that use borderless, DX, and capabilities as weapons.
19GF Score
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