Quants Research Institute Holdings (TSE:9552) Return-on-Tangible-Asset: 31.60% (As of Mar. 2026) — 20% 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:9552 Quants Research Institute Holdings Inc TSE:9552
81 GF Score
Price 円972.00
GF Value 円3,099.05
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Quants Research Institute Holdings Return-on-Tangible-Asset?

Quants Research Institute Holdings TSE:9552 -0.31% 81 Return-on-Tangible-Asset is 31.60% as of Mar. 2026, which is 20% below its 10-year median of 39.50. GuruFocus rates TSE:9552 with a GF Score™ of 81/100 and a GF Value™ of 円3,099.05 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 818 Capital Markets companies, Quants Research Institute Holdings ranks better than 95.84% 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. Quants Research Institute Holdings's annualized Net Income for the quarter that ended in Mar. 2026 was 円4,867 Mil. Quants Research Institute Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was 円15,401 Mil. Therefore, Quants Research Institute Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 31.60%.

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

TSE:9552' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.69   Med: 39.5   Max: 53.69
Current: 26.22

During the past 6 years, Quants Research Institute Holdings's highest Return-on-Tangible-Asset was 53.69%. The lowest was 0.69%. And the median was 39.50%.

TSE:9552's Return-on-Tangible-Asset is ranked better than
95.84% of 818 companies
in the Capital Markets industry
Industry Median: 1.55 vs TSE:9552: 26.22

Quants Research Institute Holdings  (TSE:9552) 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.


Quants Research Institute Holdings Return-on-Tangible-Asset Related Terms


Quants Research Institute Holdings Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Quants Research Institute Holdings'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.

Quants Research Institute Holdings Return-on-Tangible-Asset Chart

Quants Research Institute Holdings Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Return-on-Tangible-Asset
Get a 7-Day Free Trial 37.58 47.64 41.42 53.69 26.61

Quants Research Institute Holdings Quarterly Data
Sep20 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 12.60 15.80 40.23 24.63 31.60

TSE:9552 vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison

For the Capital Markets subindustry, Quants Research Institute Holdings'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.


Quants Research Institute Holdings Return-on-Tangible-Asset vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Quants Research Institute Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Quants Research Institute Holdings's Return-on-Tangible-Asset falls into.


TSE:9552
81GF Score
Quants Research Institute Holdings Inc TSE:9552
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quants Research Institute Holdings Return-on-Tangible-Asset Calculation

Quants Research Institute Holdings'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 )
=2747.339/( (12523.996+8123.119)/ 2 )
=2747.339/10323.5575
=26.61 %

Quants Research Institute Holdings'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 )
=4866.792/( (14250.016+16552.238)/ 2 )
=4866.792/15401.127
=31.60 %

* 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 31.60% mean?
Quants Research Institute Holdings (TSE:9552) has a Return-on-Tangible-Asset of 31.60% 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 Quants Research Institute Holdings and its competitors. This is 20% below median its historical median of 39.50. Over the past decade, Quants Research Institute Holdings' Return-on-Tangible-Asset has ranged from 0.69 to 53.69. According to the industry distribution chart, Quants Research Institute Holdings ranks #34 out of 818 companies in the Capital Markets industry, placing it in the top 4.2%.
Is Quants Research Institute Holdings' Return-on-Tangible-Asset too high?
Quants Research Institute Holdings' current Return-on-Tangible-Asset of 31.60% is 20% below median its 10-year median of 39.50. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 53.69. The Capital Markets industry median Return-on-Tangible-Asset is 1.55. Quants Research Institute Holdings' value of 31.60% is 1938.7% above this industry median. Based on the distribution chart, Quants Research Institute Holdings ranks #34 out of 818 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Quants Research Institute Holdings has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Quants Research Institute Holdings' Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, Quants Research Institute Holdings ranks #34 out of 818 companies for Return-on-Tangible-Asset. This places Quants Research Institute Holdings in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.55. Quants Research Institute Holdings' value of 31.60% is 1938.7% above this benchmark. Historically, Quants Research Institute Holdings' own Return-on-Tangible-Asset has ranged from 0.69 to 53.69 over the past decade. While the company's 10-year median is 39.50 vs. the industry median of 1.55, Quants Research Institute Holdings 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 Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.55, based on 818 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. Quants Research Institute Holdings's current Return-on-Tangible-Asset of 31.60% is 1938.7% 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 Quants Research Institute Holdings and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quants Research Institute Holdings's current Return-on-Tangible-Asset is 31.60%, which is 20% below median its own 10-year median of 39.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quants Research Institute Holdings stock overvalued right now?
Based on GuruFocus' analysis, Quants Research Institute Holdings (TSE:9552) is currently considered Significantly Undervalued. The stock's GF Value™ is 円3,099.05, compared to a current price of 円972.00 — trading 68.6% below its estimated fair value. The current Return-on-Tangible-Asset is 31.60%, which is 20% below median its 10-year median of 39.50 and 1938.7% above the Capital Markets industry median of 1.55. Quants Research Institute Holdings' overall GF Score™ is 81/100 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 Quants Research Institute Holdings (TSE:9552), the current Return-on-Tangible-Asset is 31.60% 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 Quants Research Institute Holdings (TSE:9552) Overvalued in 2026?

Based on GuruFocus' analysis, Quants Research Institute Holdings stock appears to be undervalued. The current stock price of 円972.00 is trading 68.6% below its estimated GF Value™ of 円3,099.05. GuruFocus considers Quants Research Institute Holdings to be Significantly Undervalued.

Key valuation signals for TSE:9552:

  • Return-on-Tangible-Asset: 31.60% (20% below median its 10-year median of 39.50)
  • GF Value™: 円3,099.05 vs. price of 円972.00 (68.6% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 1938.7% above the Capital Markets median (#34 of 818)

No single metric tells the full story. See the TSE:9552 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Quants Research Institute Holdings Business Description

Address 1-8-1 Marunouchi, Marunouchi Trust Tower N Building 17 Floor, Chiyoda-ku, Tokyo, JPN, 100-0005
Quants Research Institute Holdings Inc, formerly M&A Research Institute Holdings Inc is a technology-based M&A brokerage company.
81GF Score

Get the complete analysis for TSE:9552

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

円972.00
Price
円3,099.05
GF Value