TISITISNF 89 Return-on-Tangible-Equity is 11.95% as of Mar. 2026, which is 19% below its 10-year median of 14.72. GuruFocus rates TISNF with a GF Score™ of 89/100 and a GF Value™ of $25.57. Among 2,470 Software companies, TISI ranks better than 62.87% 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. TISI's annualized net income for the quarter that ended in Mar. 2026 was $212 Mil. TISI's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $1,777 Mil. Therefore, TISI's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.95%.
The historical rank and industry rank for TISI's Return-on-Tangible-Equity or its related term are showing as below:
TISNF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.74 Med: 14.72 Max: 20.78
Current: 16.29
During the past 13 years, TISI's highest Return-on-Tangible-Equity was 20.78%. The lowest was 9.74%. And the median was 14.72%.
TISNF's Return-on-Tangible-Equity is ranked better than 62.87% of 2470
companies
in the Software industry
Industry Median: 8.77
vs TISNF: 16.29
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.
TISI Return-on-Tangible-Equity Related Terms
TISI Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for TISI'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.
TISNF vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, TISI'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.
TISI Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, TISI's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where TISI'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 11.95% mean?
TISI (TISNF) has a Return-on-Tangible-Equity of 11.95% 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 TISI and its competitors. This is 19% below median its historical median of 14.72. Over the past decade, TISI's Return-on-Tangible-Equity has ranged from 9.74 to 20.78. According to the industry distribution chart, TISI ranks #917 out of 2470 companies in the Software industry, placing it in the top 37.1%.
Is TISI's Return-on-Tangible-Equity too high?
TISI's current Return-on-Tangible-Equity of 11.95% is 19% below median its 10-year median of 14.72. Over the past 10 years, this metric has ranged from a low of 9.74 to a high of 20.78. The Software industry median Return-on-Tangible-Equity is 8.77. TISI's value of 11.95% is 36.3% above this industry median. Based on the distribution chart, TISI ranks #917 out of 2470 companies in the Software industry, which is above the industry midpoint. Overall, TISI has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does TISI's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, TISI ranks #917 out of 2470 companies for Return-on-Tangible-Equity. This puts TISI in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.77. TISI's value of 11.95% is 36.3% above this benchmark. Historically, TISI's own Return-on-Tangible-Equity has ranged from 9.74 to 20.78 over the past decade. While the company's 10-year median is 14.72 vs. the industry median of 8.77, TISI 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 8.77, based on 2,470 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. TISI's current Return-on-Tangible-Equity of 11.95% is 36.3% 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 TISI and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TISI's current Return-on-Tangible-Equity is 11.95%, which is 19% below median its own 10-year median of 14.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TISI stock overvalued right now?
TISI (TISNF) has a current Return-on-Tangible-Equity of 11.95%. The stock's GF Value™ is $25.57, compared to a current price of $20.00 — trading 21.8% below its estimated fair value. The current Return-on-Tangible-Equity is 11.95%, which is 19% below median its 10-year median of 14.72 and 36.3% above the Software industry median of 8.77. TISI's overall GF Score™ is 89/100. 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 TISI (TISNF), the current Return-on-Tangible-Equity is 11.95% 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 TISI (TISNF) Overvalued in 2026?
Based on GuruFocus' analysis, TISI stock appears to be undervalued.
The current stock price of $20.00 is trading 21.8% below its estimated GF Value™ of $25.57.
Key valuation signals for TISNF:
Return-on-Tangible-Equity: 11.95% (19% below median its 10-year median of 14.72)
GF Value™: $25.57 vs. price of $20.00 (21.8% below fair value)
Industry Position: 36.3% above the Software median (#917 of 2470)
No single metric tells the full story. See the TISNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TIS is one of Japan's largest independent IT services companies, combining enterprise systems integration and outsourcing with issuer-side payment-processing infrastructure for banks and card issuers, a mix that is uncommon among domestic peers. The company serves clients in financial services, manufacturing, distribution, and the public sector, and recurring operation-and-cloud revenue represented 33.4% of group sales in fiscal 2026. For fiscal 2026, TIS generated JPY 596.5 billion of revenue and JPY 76.2 billion of operating profit, or a 12.8% margin. Its five reporting segments are regional IT solutions, industrial IT, offering service, financial IT, and BPM.
89GF Score
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