Japan Securities Finance CoJSFNF 65 Return-on-Tangible-Equity is 7.24% as of Mar. 2026, which is 109% above its 10-year median of 3.46. GuruFocus rates JSFNF with a GF Score™ of 65/100 and a GF Value™ of $3.98. The stock has 4 warning signs investors should review. Among 525 Credit Services companies, Japan Securities Finance Co ranks better than 53.52% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Japan Securities Finance Co's annualized net income for the quarter that ended in Mar. 2026 was $62.7 Mil. Japan Securities Finance Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $865.8 Mil. Therefore, Japan Securities Finance Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.24%.
The historical rank and industry rank for Japan Securities Finance Co's Return-on-Tangible-Equity or its related term are showing as below:
JSFNF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.25 Med: 3.46 Max: 7.89
Current: 7.89
During the past 13 years, Japan Securities Finance Co's highest Return-on-Tangible-Equity was 7.89%. The lowest was 2.25%. And the median was 3.46%.
JSFNF's Return-on-Tangible-Equity is ranked better than 53.52% of 525
companies
in the Credit Services industry
Industry Median: 7.01
vs JSFNF: 7.89
Japan Securities Finance Co (OTCPK:JSFNF) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Japan Securities Finance Co Return-on-Tangible-Equity Related Terms
Japan Securities Finance Co Return-on-Tangible-Equity Historical Data
* 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.
Japan Securities Finance Co Return-on-Tangible-Equity Chart
JSFNF vs V, MA, AXP: Return-on-Tangible-Equity Comparison
For the Credit Services subindustry, Japan Securities Finance Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Japan Securities Finance Co Return-on-Tangible-Equity vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Japan Securities Finance Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Japan Securities Finance Co's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 7.24% mean?
Japan Securities Finance Co (JSFNF) has a Return-on-Tangible-Equity of 7.24% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Japan Securities Finance Co and its competitors. This is 109% above median its historical median of 3.46. Over the past decade, Japan Securities Finance Co's Return-on-Tangible-Equity has ranged from 2.25 to 7.89. According to the industry distribution chart, Japan Securities Finance Co ranks #244 out of 525 companies in the Credit Services industry, placing it in the top 46.5%.
Is Japan Securities Finance Co's Return-on-Tangible-Equity too high?
Japan Securities Finance Co's current Return-on-Tangible-Equity of 7.24% is 109% above median its 10-year median of 3.46. Over the past 10 years, this metric has ranged from a low of 2.25 to a high of 7.89. The Credit Services industry median Return-on-Tangible-Equity is 7.01. Japan Securities Finance Co's value of 7.24% is 3.3% above this industry median. Based on the distribution chart, Japan Securities Finance Co ranks #244 out of 525 companies in the Credit Services industry, which is above the industry midpoint. Overall, Japan Securities Finance Co has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Japan Securities Finance Co's Return-on-Tangible-Equity compare to V and MA?
According to the Credit Services industry distribution chart, Japan Securities Finance Co ranks #244 out of 525 companies for Return-on-Tangible-Equity. This puts Japan Securities Finance Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.01. Japan Securities Finance Co's value of 7.24% is 3.3% above this benchmark. Historically, Japan Securities Finance Co's own Return-on-Tangible-Equity has ranged from 2.25 to 7.89 over the past decade. While the company's 10-year median is 3.46 vs. the industry median of 7.01, Japan Securities Finance 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-Equity for a Credit Services company?
The median Return-on-Tangible-Equity among Credit Services companies is 7.01, based on 525 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Japan Securities Finance Co's current Return-on-Tangible-Equity of 7.24% is 3.3% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Japan Securities Finance Co and its competitors. For the Credit Services industry, the median Return-on-Tangible-Equity is 7.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Securities Finance Co's current Return-on-Tangible-Equity is 7.24%, which is 109% above median its own 10-year median of 3.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Securities Finance Co stock overvalued right now?
Japan Securities Finance Co (JSFNF) has a current Return-on-Tangible-Equity of 7.24%. The stock's GF Value™ is $3.98, compared to a current price of $5.10 — trading 28.1% above its estimated fair value. The current Return-on-Tangible-Equity is 7.24%, which is 109% above median its 10-year median of 3.46 and 3.3% above the Credit Services industry median of 7.01. Japan Securities Finance Co's overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Japan Securities Finance Co (JSFNF), the current Return-on-Tangible-Equity is 7.24% 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 Japan Securities Finance Co (JSFNF) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Securities Finance Co stock appears to be overvalued.
The current stock price of $5.10 is trading 28.1% above its estimated GF Value™ of $3.98.
Key valuation signals for JSFNF:
Return-on-Tangible-Equity: 7.24% (109% above median its 10-year median of 3.46)
GF Value™: $3.98 vs. price of $5.10 (28.1% above fair value)
Industry Position: 3.3% above the Credit Services median (#244 of 525)
No single metric tells the full story. See the JSFNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Securities Finance Co Ltd operates in three business segments: Securities Finance, Trust Banking, and Real Estate Leasing. In the Securities Finance business, which makes up the vast majority of the company's total revenue, the company primarily provides loans for margin transactions where it earns revenue through fees and interest. The Securities Finance segment also earns fees through stock and bond lending and earns interest through bond financing and general loans. The Trust Banking business provides trust services, such as securities trust, and banking services, such as deposits and loans. The Real Estate Leasing business provides services for leasing and managing real estate. The company operates exclusively in Japan.
65GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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