Goodpatch (TSE:7351) Return-on-Tangible-Asset: 13.51% (As of Feb. 2026) — 111% Above 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:7351 Goodpatch Inc TSE:7351
72 GF Score
Price 円433.00
GF Value 円794.24
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Goodpatch Return-on-Tangible-Asset?

Goodpatch TSE:7351 72 Return-on-Tangible-Asset is 13.51% as of Feb. 2026, which is 111% above its 10-year median of 6.41. GuruFocus rates TSE:7351 with a GF Score™ of 72/100 and a GF Value™ of 円794.24 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,894 Software companies, Goodpatch ranks better than 66.38% 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. Goodpatch's annualized Net Income for the quarter that ended in Feb. 2026 was 円621 Mil. Goodpatch's average total tangible assets for the quarter that ended in Feb. 2026 was 円4,599 Mil. Therefore, Goodpatch's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 13.51%.

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

TSE:7351' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.87   Med: 6.41   Max: 18.5
Current: 6.97

During the past 8 years, Goodpatch's highest Return-on-Tangible-Asset was 18.50%. The lowest was -2.87%. And the median was 6.41%.

TSE:7351's Return-on-Tangible-Asset is ranked better than
66.38% of 2894 companies
in the Software industry
Industry Median: 2.095 vs TSE:7351: 6.97

Goodpatch  (TSE:7351) 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.


Goodpatch Return-on-Tangible-Asset Related Terms


Goodpatch Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Goodpatch'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.

Goodpatch Return-on-Tangible-Asset Chart

Goodpatch Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Return-on-Tangible-Asset
Get a 7-Day Free Trial 13.24 2.07 5.62 0.28 8.99

Goodpatch Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 11.65 3.58 5.22 13.51 5.78

TSE:7351 vs MSFT, ORCL, PLTR: Return-on-Tangible-Asset Comparison

For the Software - Infrastructure subindustry, Goodpatch'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.


Goodpatch Return-on-Tangible-Asset vs Software Industry

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

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


TSE:7351
72GF Score
Goodpatch Inc TSE:7351
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goodpatch Return-on-Tangible-Asset Calculation

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

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=407.051/( (4208.528+4849.888)/ 2 )
=407.051/4529.208
=8.99 %

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

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=621.096/( (4497.162+4699.973)/ 2 )
=621.096/4598.5675
=13.51 %

* 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 (Feb. 2026) net income data.

What does a Return-on-Tangible-Asset of 13.51% mean?
Goodpatch (TSE:7351) has a Return-on-Tangible-Asset of 13.51% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Goodpatch and its competitors. This is 111% above median its historical median of 6.41. According to the industry distribution chart, Goodpatch ranks #973 out of 2894 companies in the Software industry, placing it in the top 33.6%.
Is Goodpatch's Return-on-Tangible-Asset too high?
Goodpatch's current Return-on-Tangible-Asset of 13.51% is 111% above median its 10-year median of 6.41. The Software industry median Return-on-Tangible-Asset is 2.10. Goodpatch's value of 13.51% is 544.9% above this industry median. Based on the distribution chart, Goodpatch ranks #973 out of 2894 companies in the Software industry, which is above the industry midpoint. Overall, Goodpatch has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goodpatch's Return-on-Tangible-Asset compare to MSFT and ORCL?
According to the Software industry distribution chart, Goodpatch ranks #973 out of 2894 companies for Return-on-Tangible-Asset. This puts Goodpatch in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.10. Goodpatch's value of 13.51% is 544.9% above this benchmark. While the company's 10-year median is 6.41 vs. the industry median of 2.10, Goodpatch 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 2.10, 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. Goodpatch's current Return-on-Tangible-Asset of 13.51% is 544.9% 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 Goodpatch 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. Goodpatch's current Return-on-Tangible-Asset is 13.51%, which is 111% above median its own 10-year median of 6.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodpatch stock overvalued right now?
Based on GuruFocus' analysis, Goodpatch (TSE:7351) is currently considered Significantly Undervalued. The stock's GF Value™ is 円794.24, compared to a current price of 円433.00 — trading 45.5% below its estimated fair value. The current Return-on-Tangible-Asset is 13.51%, which is 111% above median its 10-year median of 6.41 and 544.9% above the Software industry median of 2.10. Goodpatch's overall GF Score™ is 72/100 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 Goodpatch (TSE:7351), the current Return-on-Tangible-Asset is 13.51% as of Feb. 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 Goodpatch (TSE:7351) Overvalued in 2026?

Based on GuruFocus' analysis, Goodpatch stock appears to be undervalued. The current stock price of 円433.00 is trading 45.5% below its estimated GF Value™ of 円794.24. GuruFocus considers Goodpatch to be Significantly Undervalued.

Key valuation signals for TSE:7351:

  • Return-on-Tangible-Asset: 13.51% (111% above median its 10-year median of 6.41)
  • GF Value™: 円794.24 vs. price of 円433.00 (45.5% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 544.9% above the Software median (#973 of 2894)

No single metric tells the full story. See the TSE:7351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goodpatch Business Description

Address 3-3 VORT Shibuya South 2nd Floor, Uguisuda nicho, Shibuya Ward, Tokyo, JPN, 150-0032
Goodpatch Inc is a provider of UI / UX design, business model design, brand experience design, organizational design, and software development services. The company provides product design, business design and brand experience design.
72GF Score

Get the complete analysis for TSE:7351

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

円433.00
Price
円794.24
GF Value