Bewith (TSE:9216) Return-on-Tangible-Asset: 9.04% (As of Feb. 2026) — 37% 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:9216 Bewith Inc TSE:9216
76 GF Score
Price 円1,585.00
GF Value 円1,711.78
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Bewith Return-on-Tangible-Asset?

Bewith TSE:9216 -0.81% 76 Return-on-Tangible-Asset is 9.04% as of Feb. 2026, which is 37% below its 10-year median of 14.41. GuruFocus rates TSE:9216 with a GF Score™ of 76/100 and a GF Value™ of 円1,711.78 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,098 Business Services companies, Bewith ranks worse than 54.74% 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. Bewith's annualized Net Income for the quarter that ended in Feb. 2026 was 円1,168 Mil. Bewith's average total tangible assets for the quarter that ended in Feb. 2026 was 円12,921 Mil. Therefore, Bewith's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 9.04%.

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

TSE:9216' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.19   Med: 14.41   Max: 21.11
Current: 3.19

During the past 7 years, Bewith's highest Return-on-Tangible-Asset was 21.11%. The lowest was 3.19%. And the median was 14.41%.

TSE:9216's Return-on-Tangible-Asset is ranked worse than
54.74% of 1098 companies
in the Business Services industry
Industry Median: 3.975 vs TSE:9216: 3.19

Bewith  (TSE:9216) 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.


Bewith Return-on-Tangible-Asset Related Terms


Bewith Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Bewith'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.

Bewith Return-on-Tangible-Asset Chart

Bewith Annual Data
Trend May20 May21 May22 May23 May24 May25 May26
Return-on-Tangible-Asset
Get a 7-Day Free Trial 19.01 15.11 14.41 13.35 3.94

Bewith Quarterly Data
May20 May21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 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 0.00 2.95 0.00 9.04 1.19

TSE:9216 vs CTAS, CPRT, GPN: Return-on-Tangible-Asset Comparison

For the Specialty Business Services subindustry, Bewith'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.


Bewith Return-on-Tangible-Asset vs Business Services Industry

For the Business Services industry and Industrials sector, Bewith's Return-on-Tangible-Asset distribution charts can be found below:

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


TSE:9216
76GF Score
Bewith Inc TSE:9216
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bewith Return-on-Tangible-Asset Calculation

Bewith's annualized Return-on-Tangible-Asset for the fiscal year that ended in May. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: May. 2026 )  (A: May. 2025 )(A: May. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: May. 2026 )  (A: May. 2025 )(A: May. 2026 )
=579/( (13907.502+15488)/ 2 )
=579/14697.751
=3.94 %

Bewith'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 )
=1168/( (13008+12833)/ 2 )
=1168/12920.5
=9.04 %

* 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 9.04% mean?
Bewith (TSE:9216) has a Return-on-Tangible-Asset of 9.04% 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 Bewith and its competitors. This is 37% below median its historical median of 14.41. Over the past decade, Bewith's Return-on-Tangible-Asset has ranged from 3.19 to 21.11. According to the industry distribution chart, Bewith ranks #601 out of 1098 companies in the Business Services industry, placing it in the top 54.7%.
Is Bewith's Return-on-Tangible-Asset too high?
Bewith's current Return-on-Tangible-Asset of 9.04% is 37% below median its 10-year median of 14.41. Over the past 10 years, this metric has ranged from a low of 3.19 to a high of 21.11. The Business Services industry median Return-on-Tangible-Asset is 3.98. Bewith's value of 9.04% is 127.4% above this industry median. Based on the distribution chart, Bewith ranks #601 out of 1098 companies in the Business Services industry, which is below the industry midpoint. Overall, Bewith has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bewith's Return-on-Tangible-Asset compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Bewith ranks #601 out of 1098 companies for Return-on-Tangible-Asset. This places Bewith in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.98. Bewith's value of 9.04% is 127.4% above this benchmark. Historically, Bewith's own Return-on-Tangible-Asset has ranged from 3.19 to 21.11 over the past decade. While the company's 10-year median is 14.41 vs. the industry median of 3.98, Bewith 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.98, based on 1,098 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. Bewith's current Return-on-Tangible-Asset of 9.04% is 127.4% 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 Bewith and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bewith's current Return-on-Tangible-Asset is 9.04%, which is 37% below median its own 10-year median of 14.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bewith stock overvalued right now?
Based on GuruFocus' analysis, Bewith (TSE:9216) is currently considered Fairly Valued. The stock's GF Value™ is 円1,711.78, compared to a current price of 円1,585.00 — trading 7.4% below its estimated fair value. The current Return-on-Tangible-Asset is 9.04%, which is 37% below median its 10-year median of 14.41 and 127.4% above the Business Services industry median of 3.98. Bewith's overall GF Score™ is 76/100 with 5 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 Bewith (TSE:9216), the current Return-on-Tangible-Asset is 9.04% 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 Bewith (TSE:9216) Overvalued in 2026?

Based on GuruFocus' analysis, Bewith stock appears to be undervalued. The current stock price of 円1,585.00 is trading 7.4% below its estimated GF Value™ of 円1,711.78. GuruFocus considers Bewith to be Fairly Valued.

Key valuation signals for TSE:9216:

  • Return-on-Tangible-Asset: 9.04% (37% below median its 10-year median of 14.41)
  • GF Value™: 円1,711.78 vs. price of 円1,585.00 (7.4% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 127.4% above the Business Services median (#601 of 1098)

No single metric tells the full story. See the TSE:9216 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bewith Business Description

Address 3-7-1 Nishi-Shinjuku, Shinjuku Park Tower N Building, 32nd Floor, Shinjuku-ku, Tokyo, JPN, 163-1032
Bewith Inc specializes in business process outsourcing and call center services such as business planning, analysis and design, construction, operation, and improvement. The company solves the essential problems of its customers through the Omnia LINK Platform.
76GF Score

Get the complete analysis for TSE:9216

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

円1,585.00
Price
円1,711.78
GF Value