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. VLC Holdings Co's annualized net income for the quarter that ended in Mar. 2026 was 円-243 Mil. VLC Holdings Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円819 Mil. Therefore, VLC Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -29.70%.
The historical rank and industry rank for VLC Holdings Co's Return-on-Tangible-Equity or its related term are showing as below:
NGO:2467'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4635.75 Med: -24.67 Max: 142.1
Current: -53.18
During the past 13 years, VLC Holdings Co's highest Return-on-Tangible-Equity was 142.10%. The lowest was -4,635.75%. And the median was -24.67%.
NGO:2467's Return-on-Tangible-Equity is ranked worse than 87.44% of 2469
companies
in the Software industry
Industry Median: 8.62
vs NGO:2467: -53.18
VLC Holdings Co (NGO:2467) 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.
VLC Holdings Co Return-on-Tangible-Equity Related Terms
VLC Holdings Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for VLC Holdings Co'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.
NGO:2467 vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, VLC Holdings 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.
VLC Holdings Co Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, VLC Holdings Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where VLC Holdings 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 two times the semi-annual (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 -29.70% mean?
VLC Holdings Co (NGO:2467) has a Return-on-Tangible-Equity of -29.70% 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 VLC Holdings Co and its competitors. According to the industry distribution chart, VLC Holdings Co ranks #2159 out of 2469 companies in the Software industry, placing it in the top 87.4%.
Is VLC Holdings Co's Return-on-Tangible-Equity too high?
VLC Holdings Co's current Return-on-Tangible-Equity is -29.70%. Based on the distribution chart, VLC Holdings Co ranks #2159 out of 2469 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, VLC Holdings Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VLC Holdings Co's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, VLC Holdings Co ranks #2159 out of 2469 companies for Return-on-Tangible-Equity. This places VLC Holdings Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.62. 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 8.62, based on 2,469 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. 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 VLC Holdings Co and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VLC Holdings Co's current Return-on-Tangible-Equity is -29.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VLC Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, VLC Holdings Co (NGO:2467) is currently considered Significantly Overvalued. The stock's GF Value™ is 円142.03, compared to a current price of 円218.00 — trading 53.5% above its estimated fair value. The current Return-on-Tangible-Equity is -29.70%. VLC Holdings Co's overall GF Score™ is 52/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For VLC Holdings Co (NGO:2467), the current Return-on-Tangible-Equity is -29.70% 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 VLC Holdings Co (NGO:2467) Overvalued in 2026?
Based on GuruFocus' analysis, VLC Holdings Co stock appears to be overvalued.
The current stock price of 円218.00 is trading 53.5% above its estimated GF Value™ of 円142.03.
GuruFocus considers VLC Holdings Co to be Significantly Overvalued.
Key valuation signals for NGO:2467:
Return-on-Tangible-Equity: -29.70%
GF Value™: 円142.03 vs. price of 円218.00 (53.5% above fair value)
No single metric tells the full story. See the NGO:2467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VLC Holdings Co Ltd provides consultancy services. It also offers compliance management, internet marketing research and other survey services. Its consulting business includes information security, marketing research through internet and sales promotion. It provides other services related to cybersecurity products.
52GF Score
Get the complete analysis for NGO:2467
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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