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.
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.
Netyear GroupTSE:3622 -0.40%55 Return-on-Tangible-Equity is 8.67% as of Mar. 2026, which is 66% above its 10-year median of 5.21. GuruFocus rates TSE:3622 with a GF Score™ of 55/100 and a GF Value™ of 円566.22 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 864 Media - Diversified companies, Netyear Group ranks better than 53.47% 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. Netyear Group's annualized net income for the quarter that ended in Mar. 2026 was 円235 Mil. Netyear Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円2,709 Mil. Therefore, Netyear Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.67%.
The historical rank and industry rank for Netyear Group's Return-on-Tangible-Equity or its related term are showing as below:
TSE:3622'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -17.05 Med: 5.21 Max: 26.63
Current: 6.48
During the past 13 years, Netyear Group's highest Return-on-Tangible-Equity was 26.63%. The lowest was -17.05%. And the median was 5.21%.
TSE:3622's Return-on-Tangible-Equity is ranked better than 53.47% of 864
companies
in the Media - Diversified industry
Industry Median: 5.44
vs TSE:3622: 6.48
Netyear Group (TSE:3622) 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.
Netyear Group Return-on-Tangible-Equity Related Terms
Netyear Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Netyear Group'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:3622 vs APP, OMC, TTD: Return-on-Tangible-Equity Comparison
For the Advertising Agencies subindustry, Netyear Group'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.
Netyear Group Return-on-Tangible-Equity vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Netyear Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Netyear Group'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 8.67% mean?
Netyear Group (TSE:3622) has a Return-on-Tangible-Equity of 8.67% 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 Netyear Group and its competitors. This is 66% above median its historical median of 5.21. According to the industry distribution chart, Netyear Group ranks #402 out of 864 companies in the Media - Diversified industry, placing it in the top 46.5%.
Is Netyear Group's Return-on-Tangible-Equity too high?
Netyear Group's current Return-on-Tangible-Equity of 8.67% is 66% above median its 10-year median of 5.21. The Media - Diversified industry median Return-on-Tangible-Equity is 5.44. Netyear Group's value of 8.67% is 59.4% above this industry median. Based on the distribution chart, Netyear Group ranks #402 out of 864 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Netyear Group has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Netyear Group's Return-on-Tangible-Equity compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Netyear Group ranks #402 out of 864 companies for Return-on-Tangible-Equity. This puts Netyear Group in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.44. Netyear Group's value of 8.67% is 59.4% above this benchmark. While the company's 10-year median is 5.21 vs. the industry median of 5.44, Netyear Group 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 Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.44, based on 864 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. Netyear Group's current Return-on-Tangible-Equity of 8.67% is 59.4% 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 Netyear Group and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netyear Group's current Return-on-Tangible-Equity is 8.67%, which is 66% above median its own 10-year median of 5.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netyear Group stock overvalued right now?
Based on GuruFocus' analysis, Netyear Group (TSE:3622) is currently considered Modestly Undervalued. The stock's GF Value™ is 円566.22, compared to a current price of 円500.00 — trading 11.7% below its estimated fair value. The current Return-on-Tangible-Equity is 8.67%, which is 66% above median its 10-year median of 5.21 and 59.4% above the Media - Diversified industry median of 5.44. Netyear Group's overall GF Score™ is 55/100 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 Netyear Group (TSE:3622), the current Return-on-Tangible-Equity is 8.67% 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 Netyear Group (TSE:3622) Overvalued in 2026?
Based on GuruFocus' analysis, Netyear Group stock appears to be undervalued.
The current stock price of 円500.00 is trading 11.7% below its estimated GF Value™ of 円566.22.
GuruFocus considers Netyear Group to be Modestly Undervalued.
Key valuation signals for TSE:3622:
Return-on-Tangible-Equity: 8.67% (66% above median its 10-year median of 5.21)
GF Value™: 円566.22 vs. price of 円500.00 (11.7% below fair value)
Industry Position: 59.4% above the Media - Diversified median (#402 of 864)
No single metric tells the full story. See the TSE:3622 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Netyear Group Corp is developing innovative marketing solutions using generative AI. By making full use of digital technology with a thorough user perspective, the company effectively introduce generative AI into digital marketing consulting, digital content planning and production, system development, marketing tools, and more, to support the evolution of corporate management and enhanced engagement with end users.
55GF Score
Get the complete analysis for TSE:3622
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:3622 has been successfully added to your 
