Advanced Media (TSE:3773) Return-on-Tangible-Equity: 17.44% (As of Mar. 2026) — 85% Above 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:3773 Advanced Media Inc TSE:3773
95 GF Score
Price 円1,127.00
GF Value 円1,354.01
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Advanced Media Return-on-Tangible-Equity?

Advanced Media TSE:3773 -1.57% 95 Return-on-Tangible-Equity is 17.44% as of Mar. 2026, which is 85% above its 10-year median of 9.41. GuruFocus rates TSE:3773 with a GF Score™ of 95/100 and a GF Value™ of 円1,354.01 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,383 Hardware companies, Advanced Media ranks better than 77.26% 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. Advanced Media's annualized net income for the quarter that ended in Mar. 2026 was 円2,168 Mil. Advanced Media's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円12,428 Mil. Therefore, Advanced Media's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 17.44%.

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

TSE:3773' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.27   Med: 9.41   Max: 14.38
Current: 14.38

During the past 13 years, Advanced Media's highest Return-on-Tangible-Equity was 14.38%. The lowest was -2.27%. And the median was 9.41%.

TSE:3773's Return-on-Tangible-Equity is ranked better than
77.26% of 2383 companies
in the Hardware industry
Industry Median: 5.34 vs TSE:3773: 14.38

Advanced Media  (TSE:3773) 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.


Advanced Media Return-on-Tangible-Equity Related Terms


Advanced Media Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Advanced Media'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.

Advanced Media Return-on-Tangible-Equity Chart

Advanced Media Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.03 8.58 10.24 12.80 14.25

Advanced Media Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 10.77 10.31 15.61 11.24 17.44

TSE:3773 vs CSCO, CIEN, MSI: Return-on-Tangible-Equity Comparison

For the Communication Equipment subindustry, Advanced Media'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.


Advanced Media Return-on-Tangible-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Advanced Media's Return-on-Tangible-Equity distribution charts can be found below:

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


TSE:3773
95GF Score
Advanced Media Inc TSE:3773
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advanced Media Return-on-Tangible-Equity Calculation

Advanced Media's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=1739.1/( (11436.913+12965.231 )/ 2 )
=1739.1/12201.072
=14.25 %

Advanced Media's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=2167.522/( (11891.252+12965.231)/ 2 )
=2167.522/12428.2415
=17.44 %

* 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 17.44% mean?
Advanced Media (TSE:3773) has a Return-on-Tangible-Equity of 17.44% 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 Advanced Media and its competitors. This is 85% above median its historical median of 9.41. According to the industry distribution chart, Advanced Media ranks #542 out of 2383 companies in the Hardware industry, placing it in the top 22.7%.
Is Advanced Media's Return-on-Tangible-Equity too high?
Advanced Media's current Return-on-Tangible-Equity of 17.44% is 85% above median its 10-year median of 9.41. The Hardware industry median Return-on-Tangible-Equity is 5.34. Advanced Media's value of 17.44% is 226.6% above this industry median. Based on the distribution chart, Advanced Media ranks #542 out of 2383 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Advanced Media has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Advanced Media's Return-on-Tangible-Equity compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Advanced Media ranks #542 out of 2383 companies for Return-on-Tangible-Equity. This places Advanced Media in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.34. Advanced Media's value of 17.44% is 226.6% above this benchmark. While the company's 10-year median is 9.41 vs. the industry median of 5.34, Advanced Media 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.34, based on 2,383 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. Advanced Media's current Return-on-Tangible-Equity of 17.44% is 226.6% 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 Advanced Media and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advanced Media's current Return-on-Tangible-Equity is 17.44%, which is 85% above median its own 10-year median of 9.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Media stock overvalued right now?
Based on GuruFocus' analysis, Advanced Media (TSE:3773) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,354.01, compared to a current price of 円1,127.00 — trading 16.8% below its estimated fair value. The current Return-on-Tangible-Equity is 17.44%, which is 85% above median its 10-year median of 9.41 and 226.6% above the Hardware industry median of 5.34. Advanced Media's overall GF Score™ is 95/100 with 4 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 Advanced Media (TSE:3773), the current Return-on-Tangible-Equity is 17.44% 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 Advanced Media (TSE:3773) Overvalued in 2026?

Based on GuruFocus' analysis, Advanced Media stock appears to be undervalued. The current stock price of 円1,127.00 is trading 16.8% below its estimated GF Value™ of 円1,354.01. GuruFocus considers Advanced Media to be Modestly Undervalued.

Key valuation signals for TSE:3773:

  • Return-on-Tangible-Equity: 17.44% (85% above median its 10-year median of 9.41)
  • GF Value™: 円1,354.01 vs. price of 円1,127.00 (16.8% below fair value)
  • GF Score™: 95/100 with 4 warning signs
  • Industry Position: 226.6% above the Hardware median (#542 of 2383)

No single metric tells the full story. See the TSE:3773 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Advanced Media Business Description

Address 3-1-1 Higashiikebukuro, Toshima-ku, 42nd Floor, Sunshine 60, Tokyo, JPN, 170-6042
Advanced Media Inc is an AI voice recognition company in Japan, providing AI voice recognition AmiVoice as a service to companies, corporate users, and general consumers.
95GF Score

Get the complete analysis for TSE:3773

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

円1,127.00
Price
円1,354.01
GF Value