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.
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.
FB Care Service CoTSE:9220 -0.96%63 Return-on-Tangible-Asset is 1.97% as of Mar. 2026, which is 66% below its 10-year median of 5.73. GuruFocus rates TSE:9220 with a GF Score™ of 63/100 and a GF Value™ of 円1,348.33 (Fairly Valued). The stock has 5 warning signs investors should review. Among 680 Healthcare Providers & Services companies, FB Care Service Co ranks better than 62.79% 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. FB Care Service Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円177 Mil. FB Care Service Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円8,986 Mil. Therefore, FB Care Service Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.97%.
The historical rank and industry rank for FB Care Service Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:9220'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.49 Med: 5.73 Max: 6.66
Current: 5.24
During the past 7 years, FB Care Service Co's highest Return-on-Tangible-Asset was 6.66%. The lowest was 4.49%. And the median was 5.73%.
TSE:9220's Return-on-Tangible-Asset is ranked better than 62.79% of 680
companies
in the Healthcare Providers & Services industry
Industry Median: 2.705
vs TSE:9220: 5.24
FB Care Service Co (TSE:9220) 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.
FB Care Service Co Return-on-Tangible-Asset Related Terms
FB Care Service Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for FB Care Service 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.
TSE:9220 vs HCA, THC, DVA: Return-on-Tangible-Asset Comparison
For the Medical Care Facilities subindustry, FB Care Service 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.
FB Care Service Co Return-on-Tangible-Asset vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, FB Care Service Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where FB Care Service 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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.97% mean?
FB Care Service Co (TSE:9220) has a Return-on-Tangible-Asset of 1.97% 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 FB Care Service Co and its competitors. This is 66% below median its historical median of 5.73. Over the past decade, FB Care Service Co's Return-on-Tangible-Asset has ranged from 4.49 to 6.66. According to the industry distribution chart, FB Care Service Co ranks #253 out of 680 companies in the Healthcare Providers & Services industry, placing it in the top 37.2%.
Is FB Care Service Co's Return-on-Tangible-Asset too high?
FB Care Service Co's current Return-on-Tangible-Asset of 1.97% is 66% below median its 10-year median of 5.73. Over the past 10 years, this metric has ranged from a low of 4.49 to a high of 6.66. The Healthcare Providers & Services industry median Return-on-Tangible-Asset is 2.71. FB Care Service Co's value of 1.97% is 27.2% below this industry median. Based on the distribution chart, FB Care Service Co ranks #253 out of 680 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, FB Care Service Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FB Care Service Co's Return-on-Tangible-Asset compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, FB Care Service Co ranks #253 out of 680 companies for Return-on-Tangible-Asset. This puts FB Care Service Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.71. FB Care Service Co's value of 1.97% is 27.2% below this benchmark. Historically, FB Care Service Co's own Return-on-Tangible-Asset has ranged from 4.49 to 6.66 over the past decade. While the company's 10-year median is 5.73 vs. the industry median of 2.71, FB Care Service 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 Healthcare Providers & Services company?
The median Return-on-Tangible-Asset among Healthcare Providers & Services companies is 2.71, based on 680 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. FB Care Service Co's current Return-on-Tangible-Asset of 1.97% is 27.2% 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 FB Care Service Co and its competitors. For the Healthcare Providers & Services industry, the median Return-on-Tangible-Asset is 2.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FB Care Service Co's current Return-on-Tangible-Asset is 1.97%, which is 66% below median its own 10-year median of 5.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FB Care Service Co stock overvalued right now?
Based on GuruFocus' analysis, FB Care Service Co (TSE:9220) is currently considered Fairly Valued. The stock's GF Value™ is 円1,348.33, compared to a current price of 円1,234.00 — trading 8.5% below its estimated fair value. The current Return-on-Tangible-Asset is 1.97%, which is 66% below median its 10-year median of 5.73 and 27.2% below the Healthcare Providers & Services industry median of 2.71. FB Care Service Co's overall GF Score™ is 63/100 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 FB Care Service Co (TSE:9220), the current Return-on-Tangible-Asset is 1.97% 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 FB Care Service Co (TSE:9220) Overvalued in 2026?
Based on GuruFocus' analysis, FB Care Service Co stock appears to be undervalued.
The current stock price of 円1,234.00 is trading 8.5% below its estimated GF Value™ of 円1,348.33.
GuruFocus considers FB Care Service Co to be Fairly Valued.
Key valuation signals for TSE:9220:
Return-on-Tangible-Asset: 1.97% (66% below median its 10-year median of 5.73)
GF Value™: 円1,348.33 vs. price of 円1,234.00 (8.5% below fair value)
Industry Position: 27.2% below the Healthcare Providers & Services median (#253 of 680)
No single metric tells the full story. See the TSE:9220 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FB Care Service Co Ltd is mainly engaged in providing nursing care services in Japan. Along with its subsidiaries, the company operates in the following reportable segments: the welfare equipment business and the nursing care business. The majority of its revenue is generated from the nursing care business, which mainly operates nursing care facilities for the elderly. This segment includes services and facilities like residential fee-paying nursing homes, group homes, small-scale multifunctional home nursing care, small-scale multifunctional home nursing care, day services, home care visits, visiting nursing, home nursing support, and other related services. The welfare equipment business rents and sells welfare equipment and renovates homes.
63GF Score
Get the complete analysis for TSE:9220
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:9220 has been successfully added to your 
