Asahi Intelligence Service Co (TSE:9799) Return-on-Tangible-Asset: 9.80% (As of Mar. 2026) — 29% 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:9799 Asahi Intelligence Service Co Ltd TSE:9799
87 GF Score
Price 円947.00
GF Value 円941.94
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Asahi Intelligence Service Co Return-on-Tangible-Asset?

Asahi Intelligence Service Co TSE:9799 -2.17% 87 Return-on-Tangible-Asset is 9.80% as of Mar. 2026, which is 29% above its 10-year median of 7.61. GuruFocus rates TSE:9799 with a GF Score™ of 87/100 and a GF Value™ of 円941.94 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,893 Software companies, Asahi Intelligence Service Co ranks better than 72% 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. Asahi Intelligence Service Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円1,473 Mil. Asahi Intelligence Service Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円15,038 Mil. Therefore, Asahi Intelligence Service Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.80%.

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

TSE:9799' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.9   Med: 7.61   Max: 8.57
Current: 8.57

During the past 13 years, Asahi Intelligence Service Co's highest Return-on-Tangible-Asset was 8.57%. The lowest was 6.90%. And the median was 7.61%.

TSE:9799's Return-on-Tangible-Asset is ranked better than
72% of 2893 companies
in the Software industry
Industry Median: 2.07 vs TSE:9799: 8.57

Asahi Intelligence Service Co  (TSE:9799) 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.


Asahi Intelligence Service Co Return-on-Tangible-Asset Related Terms


Asahi Intelligence Service Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Asahi Intelligence 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.

Asahi Intelligence Service Co Return-on-Tangible-Asset Chart

Asahi Intelligence Service Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.31 7.31 8.00 8.34 8.55

Asahi Intelligence Service Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 Premium Member Only 9.70 6.73 10.10 7.32 9.80

TSE:9799 vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison

For the Information Technology Services subindustry, Asahi Intelligence 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.


Asahi Intelligence Service Co Return-on-Tangible-Asset vs Software Industry

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

* The bar in red indicates where Asahi Intelligence Service Co's Return-on-Tangible-Asset falls into.


TSE:9799
87GF Score
Asahi Intelligence Service Co Ltd TSE:9799
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahi Intelligence Service Co Return-on-Tangible-Asset Calculation

Asahi Intelligence Service Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=1276.269/( (14623.492+15218.986)/ 2 )
=1276.269/14921.239
=8.55 %

Asahi Intelligence Service Co'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: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=1472.958/( (14856.59+15218.986)/ 2 )
=1472.958/15037.788
=9.80 %

* 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 two times the semi-annual (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 9.80% mean?
Asahi Intelligence Service Co (TSE:9799) has a Return-on-Tangible-Asset of 9.80% 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 Asahi Intelligence Service Co and its competitors. This is 29% above median its historical median of 7.61. Over the past decade, Asahi Intelligence Service Co's Return-on-Tangible-Asset has ranged from 6.90 to 8.57. According to the industry distribution chart, Asahi Intelligence Service Co ranks #810 out of 2893 companies in the Software industry, placing it in the top 28%.
Is Asahi Intelligence Service Co's Return-on-Tangible-Asset too high?
Asahi Intelligence Service Co's current Return-on-Tangible-Asset of 9.80% is 29% above median its 10-year median of 7.61. Over the past 10 years, this metric has ranged from a low of 6.90 to a high of 8.57. The Software industry median Return-on-Tangible-Asset is 2.07. Asahi Intelligence Service Co's value of 9.80% is 373.4% above this industry median. Based on the distribution chart, Asahi Intelligence Service Co ranks #810 out of 2893 companies in the Software industry, which is above the industry midpoint. Overall, Asahi Intelligence Service Co has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asahi Intelligence Service Co's Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Asahi Intelligence Service Co ranks #810 out of 2893 companies for Return-on-Tangible-Asset. This puts Asahi Intelligence Service Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.07. Asahi Intelligence Service Co's value of 9.80% is 373.4% above this benchmark. Historically, Asahi Intelligence Service Co's own Return-on-Tangible-Asset has ranged from 6.90 to 8.57 over the past decade. While the company's 10-year median is 7.61 vs. the industry median of 2.07, Asahi Intelligence Service Co 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 2.07, based on 2,893 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. Asahi Intelligence Service Co's current Return-on-Tangible-Asset of 9.80% is 373.4% 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 Asahi Intelligence Service Co and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Intelligence Service Co's current Return-on-Tangible-Asset is 9.80%, which is 29% above median its own 10-year median of 7.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Intelligence Service Co stock overvalued right now?
Based on GuruFocus' analysis, Asahi Intelligence Service Co (TSE:9799) is currently considered Fairly Valued. The stock's GF Value™ is 円941.94, compared to a current price of 円947.00 — trading 0.5% above its estimated fair value. The current Return-on-Tangible-Asset is 9.80%, which is 29% above median its 10-year median of 7.61 and 373.4% above the Software industry median of 2.07. Asahi Intelligence Service Co's overall GF Score™ is 87/100 with 2 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 Asahi Intelligence Service Co (TSE:9799), the current Return-on-Tangible-Asset is 9.80% 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 Asahi Intelligence Service Co (TSE:9799) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Intelligence Service Co stock appears to be overvalued. The current stock price of 円947.00 is trading 0.5% above its estimated GF Value™ of 円941.94. GuruFocus considers Asahi Intelligence Service Co to be Fairly Valued.

Key valuation signals for TSE:9799:

  • Return-on-Tangible-Asset: 9.80% (29% above median its 10-year median of 7.61)
  • GF Value™: 円941.94 vs. price of 円947.00 (0.5% above fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 373.4% above the Software median (#810 of 2893)

No single metric tells the full story. See the TSE:9799 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Intelligence Service Co Business Description

Address 1-7-12 Sapia Tower 11F, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005
Asahi Intelligence Service Co Ltd is a Japan-based Information Technology (IT) service management company. The company operates is mainly engaged in the operation and management of the network system. It also offers system development, system operation and support services including design and development of software, maintenance and operation of host computer system, Office automation (OA) support, and information processing service such as help desk.
87GF Score

Get the complete analysis for TSE:9799

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

円947.00
Price
円941.94
GF Value