System Integrator (TSE:3826) Return-on-Tangible-Equity: 12.51% (As of Feb. 2026) — 28% Below Median

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TSE:3826 System Integrator Corp TSE:3826
75 GF Score
Price 円453.00
GF Value 円485.94
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is System Integrator Return-on-Tangible-Equity?

System Integrator TSE:3826 -2.37% 75 Return-on-Tangible-Equity is 12.51% as of Feb. 2026, which is 28% below its 10-year median of 17.38. GuruFocus rates TSE:3826 with a GF Score™ of 75/100 and a GF Value™ of 円485.94 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,480 Software companies, System Integrator ranks better than 54.56% 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. System Integrator's annualized net income for the quarter that ended in Feb. 2026 was 円503 Mil. System Integrator's average shareholder tangible equity for the quarter that ended in Feb. 2026 was 円4,025 Mil. Therefore, System Integrator's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was 12.51%.

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

TSE:3826' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.3   Med: 17.38   Max: 37.22
Current: 11.45

During the past 13 years, System Integrator's highest Return-on-Tangible-Equity was 37.22%. The lowest was 11.30%. And the median was 17.38%.

TSE:3826's Return-on-Tangible-Equity is ranked better than
54.56% of 2480 companies
in the Software industry
Industry Median: 8.845 vs TSE:3826: 11.45

System Integrator  (TSE:3826) 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.


System Integrator Return-on-Tangible-Equity Related Terms


System Integrator Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for System Integrator'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.

System Integrator Return-on-Tangible-Equity Chart

System Integrator Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.02 11.67 31.28 15.67 11.30

System Integrator Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 48.29 4.33 27.49 10.53 12.51

TSE:3826 vs UBER, SHOP, CRM: Return-on-Tangible-Equity Comparison

For the Software - Application subindustry, System Integrator'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.


System Integrator Return-on-Tangible-Equity vs Software Industry

For the Software industry and Technology sector, System Integrator's Return-on-Tangible-Equity distribution charts can be found below:

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


TSE:3826
75GF Score
System Integrator Corp TSE:3826
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

System Integrator Return-on-Tangible-Equity Calculation

System Integrator's annualized Return-on-Tangible-Equity for the fiscal year that ended in Feb. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=458.447/( (3958.822+4154.556 )/ 2 )
=458.447/4056.689
=11.30 %

System Integrator's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=503.41/( (3894.895+4154.556)/ 2 )
=503.41/4024.7255
=12.51 %

* 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 (Feb. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 12.51% mean?
System Integrator (TSE:3826) has a Return-on-Tangible-Equity of 12.51% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on System Integrator and its competitors. This is 28% below median its historical median of 17.38. Over the past decade, System Integrator's Return-on-Tangible-Equity has ranged from 11.30 to 37.22. According to the industry distribution chart, System Integrator ranks #1127 out of 2480 companies in the Software industry, placing it in the top 45.4%.
Is System Integrator's Return-on-Tangible-Equity too high?
System Integrator's current Return-on-Tangible-Equity of 12.51% is 28% below median its 10-year median of 17.38. Over the past 10 years, this metric has ranged from a low of 11.30 to a high of 37.22. The Software industry median Return-on-Tangible-Equity is 8.85. System Integrator's value of 12.51% is 41.4% above this industry median. Based on the distribution chart, System Integrator ranks #1127 out of 2480 companies in the Software industry, which is above the industry midpoint. Overall, System Integrator has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does System Integrator's Return-on-Tangible-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, System Integrator ranks #1127 out of 2480 companies for Return-on-Tangible-Equity. This puts System Integrator in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.85. System Integrator's value of 12.51% is 41.4% above this benchmark. Historically, System Integrator's own Return-on-Tangible-Equity has ranged from 11.30 to 37.22 over the past decade. While the company's 10-year median is 17.38 vs. the industry median of 8.85, System Integrator 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 8.85, based on 2,480 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. System Integrator's current Return-on-Tangible-Equity of 12.51% is 41.4% 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 System Integrator and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. System Integrator's current Return-on-Tangible-Equity is 12.51%, which is 28% below median its own 10-year median of 17.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is System Integrator stock overvalued right now?
Based on GuruFocus' analysis, System Integrator (TSE:3826) is currently considered Fairly Valued. The stock's GF Value™ is 円485.94, compared to a current price of 円453.00 — trading 6.8% below its estimated fair value. The current Return-on-Tangible-Equity is 12.51%, which is 28% below median its 10-year median of 17.38 and 41.4% above the Software industry median of 8.85. System Integrator's overall GF Score™ is 75/100 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 System Integrator (TSE:3826), the current Return-on-Tangible-Equity is 12.51% as of Feb. 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 System Integrator (TSE:3826) Overvalued in 2026?

Based on GuruFocus' analysis, System Integrator stock appears to be undervalued. The current stock price of 円453.00 is trading 6.8% below its estimated GF Value™ of 円485.94. GuruFocus considers System Integrator to be Fairly Valued.

Key valuation signals for TSE:3826:

  • Return-on-Tangible-Equity: 12.51% (28% below median its 10-year median of 17.38)
  • GF Value™: 円485.94 vs. price of 円453.00 (6.8% below fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 41.4% above the Software median (#1127 of 2480)

No single metric tells the full story. See the TSE:3826 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


System Integrator Business Description

Address 11-2 Shintoshin, Chuo-ku, 32nd Floor, Land Axis Tower, Meiji Yasuda Life Saitama Shintoshin Building, Saitama City, JPN, 330-6032
System Integrator Corp is engaged in the development of package software and cloud service in Japan. It focuses on develop packages, customize development, cloud services, consulting and other products. It sells a wide variety of in-house products such as ERP, EC, Omni Channel, project management, database development, and design support tool, application design tool, and e-learning.
75GF Score

Get the complete analysis for TSE:3826

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

円453.00
Price
円485.94
GF Value