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.
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.
SecuAvailSSE:3042 63 Return-on-Tangible-Equity is 18.27% as of Mar. 2026, which is 271% above its 10-year median of 4.92. GuruFocus rates SSE:3042 with a GF Score™ of 63/100 and a GF Value™ of 円351.18 (Modestly Undervalued). Among 2,477 Software companies, SecuAvail ranks worse than 50.42% 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. SecuAvail's annualized net income for the quarter that ended in Mar. 2026 was 円229 Mil. SecuAvail's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円1,252 Mil. Therefore, SecuAvail's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 18.27%.
The historical rank and industry rank for SecuAvail's Return-on-Tangible-Equity or its related term are showing as below:
SSE:3042'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.16 Med: 4.92 Max: 20.79
Current: 8.59
During the past 13 years, SecuAvail's highest Return-on-Tangible-Equity was 20.79%. The lowest was -10.16%. And the median was 4.92%.
SSE:3042's Return-on-Tangible-Equity is ranked worse than 50.42% of 2477
companies
in the Software industry
Industry Median: 8.83
vs SSE:3042: 8.59
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.
SecuAvail Return-on-Tangible-Equity Related Terms
SecuAvail Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for SecuAvail'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.
SSE:3042 vs : Return-on-Tangible-Equity Comparison
For the Software - Infrastructure subindustry, SecuAvail'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.
SecuAvail Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, SecuAvail's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where SecuAvail'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 18.27% mean?
SecuAvail (SSE:3042) has a Return-on-Tangible-Equity of 18.27% 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 SecuAvail and its competitors. This is 271% above median its historical median of 4.92. According to the industry distribution chart, SecuAvail ranks #1249 out of 2477 companies in the Software industry, placing it in the top 50.4%.
Is SecuAvail's Return-on-Tangible-Equity too high?
SecuAvail's current Return-on-Tangible-Equity of 18.27% is 271% above median its 10-year median of 4.92. The Software industry median Return-on-Tangible-Equity is 8.83. SecuAvail's value of 18.27% is 106.9% above this industry median. Based on the distribution chart, SecuAvail ranks #1249 out of 2477 companies in the Software industry, which is below the industry midpoint. Overall, SecuAvail has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SecuAvail's Return-on-Tangible-Equity compare to ?
According to the Software industry distribution chart, SecuAvail ranks #1249 out of 2477 companies for Return-on-Tangible-Equity. This places SecuAvail in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.83. SecuAvail's value of 18.27% is 106.9% above this benchmark. While the company's 10-year median is 4.92 vs. the industry median of 8.83, SecuAvail 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 8.83, based on 2,477 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. SecuAvail's current Return-on-Tangible-Equity of 18.27% is 106.9% 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 SecuAvail and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SecuAvail's current Return-on-Tangible-Equity is 18.27%, which is 271% above median its own 10-year median of 4.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SecuAvail stock overvalued right now?
Based on GuruFocus' analysis, SecuAvail (SSE:3042) is currently considered Modestly Undervalued. The stock's GF Value™ is 円351.18, compared to a current price of 円299.00 — trading 14.9% below its estimated fair value. The current Return-on-Tangible-Equity is 18.27%, which is 271% above median its 10-year median of 4.92 and 106.9% above the Software industry median of 8.83. SecuAvail's overall GF Score™ is 63/100. 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 SecuAvail (SSE:3042), the current Return-on-Tangible-Equity is 18.27% 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 SecuAvail (SSE:3042) Overvalued in 2026?
Based on GuruFocus' analysis, SecuAvail stock appears to be undervalued.
The current stock price of 円299.00 is trading 14.9% below its estimated GF Value™ of 円351.18.
GuruFocus considers SecuAvail to be Modestly Undervalued.
Key valuation signals for SSE:3042:
Return-on-Tangible-Equity: 18.27% (271% above median its 10-year median of 4.92)
GF Value™: 円351.18 vs. price of 円299.00 (14.9% below fair value)
Industry Position: 106.9% above the Software median (#1249 of 2477)
No single metric tells the full story. See the SSE:3042 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SecuAvail Inc operates as the provider of managed security support and log analysis in Japan. It is engaged in the design, construction, operation monitoring, log analysis of computer network security system, sales of related products. Its network security systems include NetStare, Logstare. Its services include application security, integrated log management, and security diagnosis.
63GF Score
Get the complete analysis for SSE:3042
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SSE:3042 has been successfully added to your 
