Sprix (TSE:7030) Return-on-Tangible-Asset: 6.79% (As of Mar. 2026) — 36% Below Median

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:7030 Sprix Inc TSE:7030
79 GF Score
Price 円982.00
GF Value 円1,040.56
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Sprix Return-on-Tangible-Asset?

Sprix TSE:7030 +0.61% 79 Return-on-Tangible-Asset is 6.79% as of Mar. 2026, which is 36% below its 10-year median of 10.56. GuruFocus rates TSE:7030 with a GF Score™ of 79/100 and a GF Value™ of 円1,040.56 (Fairly Valued). The stock has 3 warning signs investors should review. Among 265 Education companies, Sprix ranks better than 65.66% 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. Sprix's annualized Net Income for the quarter that ended in Mar. 2026 was 円1,372 Mil. Sprix's average total tangible assets for the quarter that ended in Mar. 2026 was 円20,202 Mil. Therefore, Sprix's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.79%.

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

TSE:7030' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.95   Med: 10.56   Max: 21.13
Current: 8.2

During the past 10 years, Sprix's highest Return-on-Tangible-Asset was 21.13%. The lowest was 2.95%. And the median was 10.56%.

TSE:7030's Return-on-Tangible-Asset is ranked better than
65.66% of 265 companies
in the Education industry
Industry Median: 4.67 vs TSE:7030: 8.20

Sprix  (TSE:7030) 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.


Sprix Return-on-Tangible-Asset Related Terms


Sprix Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Sprix'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.

Sprix Return-on-Tangible-Asset Chart

Sprix Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.29 10.75 3.53 2.95 5.91

Sprix Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.58 14.83 19.15 6.79 -8.14

TSE:7030 vs EDU, TAL, LAUR: Return-on-Tangible-Asset Comparison

For the Education & Training Services subindustry, Sprix'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.


Sprix Return-on-Tangible-Asset vs Education Industry

For the Education industry and Consumer Defensive sector, Sprix's Return-on-Tangible-Asset distribution charts can be found below:

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


TSE:7030
79GF Score
Sprix Inc TSE:7030
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sprix Return-on-Tangible-Asset Calculation

Sprix'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 )
=1087/( (17345+19471)/ 2 )
=1087/18408
=5.91 %

Sprix'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: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1372/( (20374+20030)/ 2 )
=1372/20202
=6.79 %

* 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 (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 6.79% mean?
Sprix (TSE:7030) has a Return-on-Tangible-Asset of 6.79% 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 Sprix and its competitors. This is 36% below median its historical median of 10.56. Over the past decade, Sprix's Return-on-Tangible-Asset has ranged from 2.95 to 21.13. According to the industry distribution chart, Sprix ranks #91 out of 265 companies in the Education industry, placing it in the top 34.3%.
Is Sprix's Return-on-Tangible-Asset too high?
Sprix's current Return-on-Tangible-Asset of 6.79% is 36% below median its 10-year median of 10.56. Over the past 10 years, this metric has ranged from a low of 2.95 to a high of 21.13. The Education industry median Return-on-Tangible-Asset is 4.67. Sprix's value of 6.79% is 45.4% above this industry median. Based on the distribution chart, Sprix ranks #91 out of 265 companies in the Education industry, which is above the industry midpoint. Overall, Sprix has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sprix's Return-on-Tangible-Asset compare to EDU and TAL?
According to the Education industry distribution chart, Sprix ranks #91 out of 265 companies for Return-on-Tangible-Asset. This puts Sprix in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.67. Sprix's value of 6.79% is 45.4% above this benchmark. Historically, Sprix's own Return-on-Tangible-Asset has ranged from 2.95 to 21.13 over the past decade. While the company's 10-year median is 10.56 vs. the industry median of 4.67, Sprix 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 an Education company?
The median Return-on-Tangible-Asset among Education companies is 4.67, based on 265 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. Sprix's current Return-on-Tangible-Asset of 6.79% is 45.4% 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 Sprix and its competitors. For the Education industry, the median Return-on-Tangible-Asset is 4.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sprix's current Return-on-Tangible-Asset is 6.79%, which is 36% below median its own 10-year median of 10.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sprix stock overvalued right now?
Based on GuruFocus' analysis, Sprix (TSE:7030) is currently considered Fairly Valued. The stock's GF Value™ is 円1,040.56, compared to a current price of 円982.00 — trading 5.6% below its estimated fair value. The current Return-on-Tangible-Asset is 6.79%, which is 36% below median its 10-year median of 10.56 and 45.4% above the Education industry median of 4.67. Sprix's overall GF Score™ is 79/100 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 Sprix (TSE:7030), the current Return-on-Tangible-Asset is 6.79% 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 Sprix (TSE:7030) Overvalued in 2026?

Based on GuruFocus' analysis, Sprix stock appears to be undervalued. The current stock price of 円982.00 is trading 5.6% below its estimated GF Value™ of 円1,040.56. GuruFocus considers Sprix to be Fairly Valued.

Key valuation signals for TSE:7030:

  • Return-on-Tangible-Asset: 6.79% (36% below median its 10-year median of 10.56)
  • GF Value™: 円1,040.56 vs. price of 円982.00 (5.6% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 45.4% above the Education median (#91 of 265)

No single metric tells the full story. See the TSE:7030 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sprix Business Description

Address 1-11-1 Nishi-Ikebukuro, Metropolitan Plaza Building 12th Floor, Toshima-ku, Tokyo, JPN, 171-0021
Sprix Inc is a Japan-based company mainly engaged in the educational services business. The company provides educational software that enables users to learn various courses and programs. The company is engaged in providing education IT business, individual guidance, content business, and education project.
79GF Score

Get the complete analysis for TSE:7030

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

円982.00
Price
円1,040.56
GF Value