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Startia HoldingsTSE:3393 -0.96%90 Return-on-Tangible-Equity is 40.91% as of Mar. 2026, which is 79% above its 10-year median of 22.81. GuruFocus rates TSE:3393 with a GF Score™ of 90/100 and a GF Value™ of 円2,602.19 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,477 Software companies, Startia Holdings ranks better than 78.16% 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. Startia Holdings's annualized net income for the quarter that ended in Mar. 2026 was 円2,763 Mil. Startia Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円6,753 Mil. Therefore, Startia Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 40.91%.
The historical rank and industry rank for Startia Holdings's Return-on-Tangible-Equity or its related term are showing as below:
TSE:3393'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.23 Med: 22.81 Max: 35.17
Current: 35.17
During the past 13 years, Startia Holdings's highest Return-on-Tangible-Equity was 35.17%. The lowest was -3.23%. And the median was 22.81%.
TSE:3393's Return-on-Tangible-Equity is ranked better than 78.16% of 2477
companies
in the Software industry
Industry Median: 8.83
vs TSE:3393: 35.17
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.
Startia Holdings Return-on-Tangible-Equity Related Terms
Startia Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Startia 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.
TSE:3393 vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, Startia 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.
Startia Holdings Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Startia Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Startia 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 40.91% mean?
Startia Holdings (TSE:3393) has a Return-on-Tangible-Equity of 40.91% 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 Startia Holdings and its competitors. This is 79% above median its historical median of 22.81. According to the industry distribution chart, Startia Holdings ranks #541 out of 2477 companies in the Software industry, placing it in the top 21.8%.
Is Startia Holdings' Return-on-Tangible-Equity too high?
Startia Holdings' current Return-on-Tangible-Equity of 40.91% is 79% above median its 10-year median of 22.81. The Software industry median Return-on-Tangible-Equity is 8.83. Startia Holdings' value of 40.91% is 363.3% above this industry median. Based on the distribution chart, Startia Holdings ranks #541 out of 2477 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Startia Holdings has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Startia Holdings' Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Startia Holdings ranks #541 out of 2477 companies for Return-on-Tangible-Equity. This places Startia Holdings in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.83. Startia Holdings' value of 40.91% is 363.3% above this benchmark. While the company's 10-year median is 22.81 vs. the industry median of 8.83, Startia Holdings 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 8.83, 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. Startia Holdings's current Return-on-Tangible-Equity of 40.91% is 363.3% 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 Startia Holdings 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. Startia Holdings's current Return-on-Tangible-Equity is 40.91%, which is 79% above median its own 10-year median of 22.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Startia Holdings stock overvalued right now?
Based on GuruFocus' analysis, Startia Holdings (TSE:3393) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,602.19, compared to a current price of 円3,090.00 — trading 18.7% above its estimated fair value. The current Return-on-Tangible-Equity is 40.91%, which is 79% above median its 10-year median of 22.81 and 363.3% above the Software industry median of 8.83. Startia Holdings' overall GF Score™ is 90/100 with 3 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 Startia Holdings (TSE:3393), the current Return-on-Tangible-Equity is 40.91% 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 Startia Holdings (TSE:3393) Overvalued in 2026?
Based on GuruFocus' analysis, Startia Holdings stock appears to be overvalued.
The current stock price of 円3,090.00 is trading 18.7% above its estimated GF Value™ of 円2,602.19.
GuruFocus considers Startia Holdings to be Modestly Overvalued.
Key valuation signals for TSE:3393:
Return-on-Tangible-Equity: 40.91% (79% above median its 10-year median of 22.81)
GF Value™: 円2,602.19 vs. price of 円3,090.00 (18.7% above fair value)
Industry Position: 363.3% above the Software median (#541 of 2477)
No single metric tells the full story. See the TSE:3393 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Startia Holdings Inc is engaged in the provision of information technology services in Japan. It operates through the following business divisions: the web solution-related division, the network solution-related divisions, and the business solution-related divisions.
90GF Score
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