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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. Caica Digital's annualized net income for the quarter that ended in Apr. 2026 was 円252 Mil. Caica Digital's average shareholder tangible equity for the quarter that ended in Apr. 2026 was 円3,490 Mil. Therefore, Caica Digital's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 7.21%.
The historical rank and industry rank for Caica Digital's Return-on-Tangible-Equity or its related term are showing as below:
TSE:2315'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -120.72 Med: -3.56 Max: 454.39
Current: -10.5
During the past 13 years, Caica Digital's highest Return-on-Tangible-Equity was 454.39%. The lowest was -120.72%. And the median was -3.56%.
TSE:2315's Return-on-Tangible-Equity is ranked worse than 76.5% of 2481
companies
in the Software industry
Industry Median: 8.86
vs TSE:2315: -10.50
Caica Digital (TSE:2315) 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.
Caica Digital Return-on-Tangible-Equity Related Terms
Caica Digital Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Caica Digital'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.
TSE:2315 vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, Caica Digital'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.
Caica Digital Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Caica Digital's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Caica Digital'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 (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 7.21% mean?
Caica Digital (TSE:2315) has a Return-on-Tangible-Equity of 7.21% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Caica Digital and its competitors. According to the industry distribution chart, Caica Digital ranks #1898 out of 2481 companies in the Software industry, placing it in the top 76.5%.
Is Caica Digital's Return-on-Tangible-Equity too high?
Caica Digital's current Return-on-Tangible-Equity is 7.21%. The Software industry median Return-on-Tangible-Equity is 8.86. Caica Digital's value of 7.21% is 18.6% below this industry median. Based on the distribution chart, Caica Digital ranks #1898 out of 2481 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Caica Digital has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Caica Digital's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Caica Digital ranks #1898 out of 2481 companies for Return-on-Tangible-Equity. This places Caica Digital in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.86. Caica Digital's value of 7.21% is 18.6% below this benchmark. 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 8.86, based on 2,481 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. Caica Digital's current Return-on-Tangible-Equity of 7.21% is 18.6% below 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 Caica Digital and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caica Digital's current Return-on-Tangible-Equity is 7.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caica Digital stock overvalued right now?
Based on GuruFocus' analysis, Caica Digital (TSE:2315) is currently considered Modestly Overvalued. The stock's GF Value™ is 円52.15, compared to a current price of 円64.00 — trading 22.7% above its estimated fair value. The current Return-on-Tangible-Equity is 7.21% and 18.6% below the Software industry median of 8.86. Caica Digital's overall GF Score™ is 53/100 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 Caica Digital (TSE:2315), the current Return-on-Tangible-Equity is 7.21% as of Apr. 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 Caica Digital (TSE:2315) Overvalued in 2026?
Based on GuruFocus' analysis, Caica Digital stock appears to be overvalued.
The current stock price of 円64.00 is trading 22.7% above its estimated GF Value™ of 円52.15.
GuruFocus considers Caica Digital to be Modestly Overvalued.
Key valuation signals for TSE:2315:
Return-on-Tangible-Equity: 7.21%
GF Value™: 円52.15 vs. price of 円64.00 (22.7% above fair value)
Industry Position: 18.6% below the Software median (#1898 of 2481)
No single metric tells the full story. See the TSE:2315 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Caica Digital Inc is a Japanese company engaged in providing information services such as system development, offshore development, infrastructure, and provision of system-related consulting and maintenance support services. CAICA develops systems that include business package software development and distribution for information service providers. It offers industry solutions for banks, insurance, securities, department stores, convenience stores and transportation industry.
53GF Score
Get the complete analysis for TSE:2315
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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