JustsystemsJSYSF 78 Return-on-Tangible-Equity is 10.35% as of Mar. 2026, which is 33% below its 10-year median of 15.53. GuruFocus rates JSYSF with a GF Score™ of 78/100 and a GF Value™ of $8.64. Among 2,474 Software companies, Justsystems ranks better than 58.29% 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. Justsystems's annualized net income for the quarter that ended in Mar. 2026 was $74.3 Mil. Justsystems's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $717.8 Mil. Therefore, Justsystems's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.35%.
The historical rank and industry rank for Justsystems's Return-on-Tangible-Equity or its related term are showing as below:
JSYSF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.4 Med: 15.53 Max: 21.21
Current: 14.04
During the past 13 years, Justsystems's highest Return-on-Tangible-Equity was 21.21%. The lowest was 10.40%. And the median was 15.53%.
JSYSF's Return-on-Tangible-Equity is ranked better than 58.29% of 2474
companies
in the Software industry
Industry Median: 8.785
vs JSYSF: 14.04
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.
Justsystems Return-on-Tangible-Equity Related Terms
Justsystems Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Justsystems's Return-on-Tangible-Equity 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.
JSYSF vs MSFT, ORCL, PLTR: Return-on-Tangible-Equity Comparison
For the Software - Infrastructure subindustry, Justsystems'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.
Justsystems Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Justsystems's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Justsystems'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 10.35% mean?
Justsystems (JSYSF) has a Return-on-Tangible-Equity of 10.35% 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 Justsystems and its competitors. This is 33% below median its historical median of 15.53. Over the past decade, Justsystems' Return-on-Tangible-Equity has ranged from 10.40 to 21.21. According to the industry distribution chart, Justsystems ranks #1032 out of 2474 companies in the Software industry, placing it in the top 41.7%.
Is Justsystems' Return-on-Tangible-Equity too high?
Justsystems' current Return-on-Tangible-Equity of 10.35% is 33% below median its 10-year median of 15.53. Over the past 10 years, this metric has ranged from a low of 10.40 to a high of 21.21. The Software industry median Return-on-Tangible-Equity is 8.79. Justsystems' value of 10.35% is 17.8% above this industry median. Based on the distribution chart, Justsystems ranks #1032 out of 2474 companies in the Software industry, which is above the industry midpoint. Overall, Justsystems has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Justsystems' Return-on-Tangible-Equity compare to MSFT and ORCL?
According to the Software industry distribution chart, Justsystems ranks #1032 out of 2474 companies for Return-on-Tangible-Equity. This puts Justsystems in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.79. Justsystems' value of 10.35% is 17.8% above this benchmark. Historically, Justsystems' own Return-on-Tangible-Equity has ranged from 10.40 to 21.21 over the past decade. While the company's 10-year median is 15.53 vs. the industry median of 8.79, Justsystems 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.79, based on 2,474 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. Justsystems's current Return-on-Tangible-Equity of 10.35% is 17.8% 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 Justsystems and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Justsystems's current Return-on-Tangible-Equity is 10.35%, which is 33% below median its own 10-year median of 15.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Justsystems stock overvalued right now?
Justsystems (JSYSF) has a current Return-on-Tangible-Equity of 10.35%. The stock's GF Value™ is $8.64, compared to a current price of $7.55 — trading 12.6% below its estimated fair value. The current Return-on-Tangible-Equity is 10.35%, which is 33% below median its 10-year median of 15.53 and 17.8% above the Software industry median of 8.79. Justsystems' overall GF Score™ is 78/100. 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 Justsystems (JSYSF), the current Return-on-Tangible-Equity is 10.35% 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 Justsystems (JSYSF) Overvalued in 2026?
Based on GuruFocus' analysis, Justsystems stock appears to be undervalued.
The current stock price of $7.55 is trading 12.6% below its estimated GF Value™ of $8.64.
Key valuation signals for JSYSF:
Return-on-Tangible-Equity: 10.35% (33% below median its 10-year median of 15.53)
GF Value™: $8.64 vs. price of $7.55 (12.6% below fair value)
Industry Position: 17.8% above the Software median (#1032 of 2474)
No single metric tells the full story. See the JSYSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Justsystems Corp is a global software provider based in Japan. It provides service of user Interface customization, output customization. The company's products include XMetaL Author which brings automation to the process of content creation; XMAX, which is an embeddable ActiveX component designed for developers to integrate into custom environments; and XMetaL Developer, which is a tool for fast configuration of XML content authoring solutions that combines development tools in a robust and flexible Integrated Development Environment (IDE). The company also provides engineering services and training services.
78GF Score
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