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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. Human Stage Holdings's annualized net income for the quarter that ended in Mar. 2026 was 円-9 Mil. Human Stage Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円2,159 Mil. Therefore, Human Stage Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -0.42%.
The historical rank and industry rank for Human Stage Holdings's Return-on-Tangible-Equity or its related term are showing as below:
TSE:321A'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.37 Med: 4.39 Max: 7.6
Current: 4.26
During the past 3 years, Human Stage Holdings's highest Return-on-Tangible-Equity was 7.60%. The lowest was 2.37%. And the median was 4.39%.
TSE:321A's Return-on-Tangible-Equity is not ranked
in the Conglomerates industry.
Industry Median: 7.465
vs TSE:321A: 4.26
Human Stage Holdings (TSE:321A) 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.
Human Stage Holdings Return-on-Tangible-Equity Related Terms
Human Stage Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Human Stage Holdings'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.
Human Stage Holdings Return-on-Tangible-Equity Chart
Human Stage Holdings Annual Data
Trend
Mar24
Mar25
Mar26
Return-on-Tangible-Equity
7.60
2.37
4.39
Human Stage Holdings Semi-Annual Data
Mar24
Sep24
Mar25
Sep25
Mar26
Return-on-Tangible-Equity
0.00
11.72
-7.09
8.97
-0.42
TSE:321A vs HON, MMM: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Human Stage Holdings'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.
Human Stage Holdings Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Human Stage Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Human Stage Holdings'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 -0.42% mean?
Human Stage Holdings (TSE:321A) has a Return-on-Tangible-Equity of -0.42% 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 Human Stage Holdings and its competitors. Over the past decade, Human Stage Holdings' Return-on-Tangible-Equity has ranged from 2.37 to 7.60.
Is Human Stage Holdings' Return-on-Tangible-Equity too high?
Human Stage Holdings' current Return-on-Tangible-Equity is -0.42%. Over the past 10 years, this metric has ranged from a low of 2.37 to a high of 7.60. Overall, Human Stage Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Human Stage Holdings' Return-on-Tangible-Equity compare to HON and MMM?
Human Stage Holdings' Return-on-Tangible-Equity of -0.42% can be compared against companies in the Conglomerates industry. The industry median Return-on-Tangible-Equity is 7.47. Historically, Human Stage Holdings' own Return-on-Tangible-Equity has ranged from 2.37 to 7.60 over the past decade. 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 Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.47, based on 550 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. 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 Human Stage Holdings and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Human Stage Holdings's current Return-on-Tangible-Equity is -0.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Human Stage Holdings stock overvalued right now?
Human Stage Holdings (TSE:321A) has a current Return-on-Tangible-Equity of -0.42%. The current Return-on-Tangible-Equity is -0.42%. Human Stage Holdings' overall GF Score™ is 12/100 with 2 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 Human Stage Holdings (TSE:321A), the current Return-on-Tangible-Equity is -0.42% 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.
Human Stage Holdings Corp is engaged in consulting services related to asset management and operation of group subsidiaries engaged in the temporary staffing business and real estate leasing business.
12GF Score
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