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JTP CoTSE:2488 +1.15%85 Return-on-Tangible-Equity is 19.99% as of Mar. 2026, which is 76% above its 10-year median of 11.37. GuruFocus rates TSE:2488 with a GF Score™ of 85/100 and a GF Value™ of 円1,282.68 (Fairly Valued). Among 2,481 Software companies, JTP Co ranks better than 65.42% 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. JTP Co's annualized net income for the quarter that ended in Mar. 2026 was 円776 Mil. JTP Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円3,883 Mil. Therefore, JTP Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 19.99%.
The historical rank and industry rank for JTP Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:2488'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.2 Med: 11.37 Max: 18.11
Current: 18.11
During the past 13 years, JTP Co's highest Return-on-Tangible-Equity was 18.11%. The lowest was 0.20%. And the median was 11.37%.
TSE:2488's Return-on-Tangible-Equity is ranked better than 65.42% of 2481
companies
in the Software industry
Industry Median: 8.86
vs TSE:2488: 18.11
JTP Co (TSE:2488) 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.
JTP Co Return-on-Tangible-Equity Related Terms
JTP Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for JTP 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.
TSE:2488 vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, JTP 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.
JTP Co Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, JTP Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where JTP 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 19.99% mean?
JTP Co (TSE:2488) has a Return-on-Tangible-Equity of 19.99% 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 JTP Co and its competitors. This is 76% above median its historical median of 11.37. Over the past decade, JTP Co's Return-on-Tangible-Equity has ranged from 0.20 to 18.11. According to the industry distribution chart, JTP Co ranks #858 out of 2481 companies in the Software industry, placing it in the top 34.6%.
Is JTP Co's Return-on-Tangible-Equity too high?
JTP Co's current Return-on-Tangible-Equity of 19.99% is 76% above median its 10-year median of 11.37. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 18.11. The Software industry median Return-on-Tangible-Equity is 8.86. JTP Co's value of 19.99% is 125.6% above this industry median. Based on the distribution chart, JTP Co ranks #858 out of 2481 companies in the Software industry, which is above the industry midpoint. Overall, JTP Co has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does JTP Co's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, JTP Co ranks #858 out of 2481 companies for Return-on-Tangible-Equity. This puts JTP Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.86. JTP Co's value of 19.99% is 125.6% above this benchmark. Historically, JTP Co's own Return-on-Tangible-Equity has ranged from 0.20 to 18.11 over the past decade. While the company's 10-year median is 11.37 vs. the industry median of 8.86, JTP Co 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 8.86, 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. JTP Co's current Return-on-Tangible-Equity of 19.99% is 125.6% 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 JTP Co 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. JTP Co's current Return-on-Tangible-Equity is 19.99%, which is 76% above median its own 10-year median of 11.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JTP Co stock overvalued right now?
Based on GuruFocus' analysis, JTP Co (TSE:2488) is currently considered Fairly Valued. The stock's GF Value™ is 円1,282.68, compared to a current price of 円1,410.00 — trading 9.9% above its estimated fair value. The current Return-on-Tangible-Equity is 19.99%, which is 76% above median its 10-year median of 11.37 and 125.6% above the Software industry median of 8.86. JTP Co's overall GF Score™ is 85/100. 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 JTP Co (TSE:2488), the current Return-on-Tangible-Equity is 19.99% 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 JTP Co (TSE:2488) Overvalued in 2026?
Based on GuruFocus' analysis, JTP Co stock appears to be overvalued.
The current stock price of 円1,410.00 is trading 9.9% above its estimated GF Value™ of 円1,282.68.
GuruFocus considers JTP Co to be Fairly Valued.
Key valuation signals for TSE:2488:
Return-on-Tangible-Equity: 19.99% (76% above median its 10-year median of 11.37)
GF Value™: 円1,282.68 vs. price of 円1,410.00 (9.9% above fair value)
Industry Position: 125.6% above the Software median (#858 of 2481)
No single metric tells the full story. See the TSE:2488 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JTP Co Ltd is an information technology service provider in Japan. The solutions offered by the company include humanoid robot support for medical examinations, communication support for nursing care facilities by humanoid robots, and support for autism therapy by humanoid robots.
85GF Score
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