GIG Works (TSE:2375) Return-on-Tangible-Equity: 0.87% (As of Apr. 2026) — 93% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:2375 GIG Works Inc TSE:2375
65 GF Score
Price 円204.00
GF Value 円238.74
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is GIG Works Return-on-Tangible-Equity?

GIG Works TSE:2375 65 Return-on-Tangible-Equity is 0.87% as of Apr. 2026, which is 93% below its 10-year median of 12.35. GuruFocus rates TSE:2375 with a GF Score™ of 65/100 and a GF Value™ of 円238.74 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,477 Software companies, GIG Works ranks worse than 51.19% 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. GIG Works's annualized net income for the quarter that ended in Apr. 2026 was 円18 Mil. GIG Works's average shareholder tangible equity for the quarter that ended in Apr. 2026 was 円2,102 Mil. Therefore, GIG Works's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 0.87%.

The historical rank and industry rank for GIG Works's Return-on-Tangible-Equity or its related term are showing as below:

TSE:2375' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -33.84   Med: 12.35   Max: 21.33
Current: 8.23

During the past 13 years, GIG Works's highest Return-on-Tangible-Equity was 21.33%. The lowest was -33.84%. And the median was 12.35%.

TSE:2375's Return-on-Tangible-Equity is ranked worse than
51.19% of 2477 companies
in the Software industry
Industry Median: 8.83 vs TSE:2375: 8.23

GIG Works  (TSE:2375) 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.


GIG Works Return-on-Tangible-Equity Related Terms


GIG Works Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for GIG Works'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.

GIG Works Return-on-Tangible-Equity Chart

GIG Works Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.45 7.26 -27.50 -33.84 13.23

GIG Works Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.14 -70.00 11.66 15.20 0.87

TSE:2375 vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison

For the Information Technology Services subindustry, GIG Works'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.


GIG Works Return-on-Tangible-Equity vs Software Industry

For the Software industry and Technology sector, GIG Works's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where GIG Works's Return-on-Tangible-Equity falls into.


TSE:2375
65GF Score
GIG Works Inc TSE:2375
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GIG Works Return-on-Tangible-Equity Calculation

GIG Works's annualized Return-on-Tangible-Equity for the fiscal year that ended in Oct. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=272.075/( (1865.598+2248.149 )/ 2 )
=272.075/2056.8735
=13.23 %

GIG Works's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Apr. 2026 )  (Q: Oct. 2025 )(Q: Apr. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Apr. 2026 )  (Q: Oct. 2025 )(Q: Apr. 2026 )
=18.188/( (2248.149+1955.696)/ 2 )
=18.188/2101.9225
=0.87 %

* 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 (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 0.87% mean?
GIG Works (TSE:2375) has a Return-on-Tangible-Equity of 0.87% 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 GIG Works and its competitors. This is 93% below median its historical median of 12.35. According to the industry distribution chart, GIG Works ranks #1268 out of 2477 companies in the Software industry, placing it in the top 51.2%.
Is GIG Works' Return-on-Tangible-Equity too high?
GIG Works' current Return-on-Tangible-Equity of 0.87% is 93% below median its 10-year median of 12.35. The Software industry median Return-on-Tangible-Equity is 8.83. GIG Works' value of 0.87% is 90.1% below this industry median. Based on the distribution chart, GIG Works ranks #1268 out of 2477 companies in the Software industry, which is below the industry midpoint. Overall, GIG Works has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GIG Works' Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, GIG Works ranks #1268 out of 2477 companies for Return-on-Tangible-Equity. This places GIG Works in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.83. GIG Works' value of 0.87% is 90.1% below this benchmark. While the company's 10-year median is 12.35 vs. the industry median of 8.83, GIG Works has consistently been below 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. GIG Works's current Return-on-Tangible-Equity of 0.87% is 90.1% 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 GIG Works 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. GIG Works's current Return-on-Tangible-Equity is 0.87%, which is 93% below median its own 10-year median of 12.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GIG Works stock overvalued right now?
Based on GuruFocus' analysis, GIG Works (TSE:2375) is currently considered Modestly Undervalued. The stock's GF Value™ is 円238.74, compared to a current price of 円204.00 — trading 14.6% below its estimated fair value. The current Return-on-Tangible-Equity is 0.87%, which is 93% below median its 10-year median of 12.35 and 90.1% below the Software industry median of 8.83. GIG Works' overall GF Score™ is 65/100 with 1 warning sign 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 GIG Works (TSE:2375), the current Return-on-Tangible-Equity is 0.87% 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 GIG Works (TSE:2375) Overvalued in 2026?

Based on GuruFocus' analysis, GIG Works stock appears to be undervalued. The current stock price of 円204.00 is trading 14.6% below its estimated GF Value™ of 円238.74. GuruFocus considers GIG Works to be Modestly Undervalued.

Key valuation signals for TSE:2375:

  • Return-on-Tangible-Equity: 0.87% (93% below median its 10-year median of 12.35)
  • GF Value™: 円238.74 vs. price of 円204.00 (14.6% below fair value)
  • GF Score™: 65/100 with 1 warning sign
  • Industry Position: 90.1% below the Software median (#1268 of 2477)

No single metric tells the full story. See the TSE:2375 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GIG Works Business Description

Address 2-11-6 Nishi-Shinbashi, Tokyo New Nishi-Shinbashi Building 3rd Floor, Minato-ku, Tokyo, JPN, 105-0003
GIG Works Inc is a Japan based company engaged in providing marketing and communication service which include sales agency and sales support service, field support service, contact service, and technology service which include engineering development consignment and staff support service.
65GF Score

Get the complete analysis for TSE:2375

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円204.00
Price
円238.74
GF Value