MarkLines Co (TSE:3901) Return-on-Tangible-Equity: 0.00% (As of Dec. 2025)

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:3901 MarkLines Co Ltd TSE:3901
78 GF Score
Price 円1,365.00
GF Value 円3,307.76
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is MarkLines Co Return-on-Tangible-Equity?

MarkLines Co TSE:3901 -1.02% 78 Return-on-Tangible-Equity is 0.00% as of Dec. 2025. GuruFocus rates TSE:3901 with a GF Score™ of 78/100 and a GF Value™ of 円3,307.76 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 490 Interactive Media companies, MarkLines Co ranks better than 60% 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. MarkLines Co's annualized net income for the quarter that ended in Dec. 2025 was 円0 Mil. MarkLines Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was 円6,366 Mil. Therefore, MarkLines Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 0.00%.

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

TSE:3901' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.41   Med: 27.73   Max: 28.63
Current: 11.41

During the past 13 years, MarkLines Co's highest Return-on-Tangible-Equity was 28.63%. The lowest was 11.41%. And the median was 27.73%.

TSE:3901's Return-on-Tangible-Equity is ranked better than
60% of 490 companies
in the Interactive Media industry
Industry Median: 5.51 vs TSE:3901: 11.41

MarkLines Co  (TSE:3901) 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.


MarkLines Co Return-on-Tangible-Equity Related Terms


MarkLines Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for MarkLines Co'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.

MarkLines Co Return-on-Tangible-Equity Chart

MarkLines Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.60 28.63 28.08 26.35 23.45

MarkLines Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 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 26.68 20.14 0.00 0.00 25.47

TSE:3901 vs GOOGL, META, SPOT: Return-on-Tangible-Equity Comparison

For the Internet Content & Information subindustry, MarkLines Co'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.


MarkLines Co Return-on-Tangible-Equity vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, MarkLines Co's Return-on-Tangible-Equity distribution charts can be found below:

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


TSE:3901
78GF Score
MarkLines Co Ltd TSE:3901
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MarkLines Co Return-on-Tangible-Equity Calculation

MarkLines Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=1519.709/( (6529.772+6428.953 )/ 2 )
=1519.709/6479.3625
=23.45 %

MarkLines Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=0/( (6302.765+6428.953)/ 2 )
=0/6365.859
=0.00 %

* 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 four times the quarterly (Dec. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.00% mean?
MarkLines Co (TSE:3901) has a Return-on-Tangible-Equity of 0.00% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on MarkLines Co and its competitors. Over the past decade, MarkLines Co's Return-on-Tangible-Equity has ranged from 11.41 to 28.63. According to the industry distribution chart, MarkLines Co ranks #196 out of 490 companies in the Interactive Media industry, placing it in the top 40%.
Is MarkLines Co's Return-on-Tangible-Equity too high?
MarkLines Co's current Return-on-Tangible-Equity is 0.00%. Over the past 10 years, this metric has ranged from a low of 11.41 to a high of 28.63. Based on the distribution chart, MarkLines Co ranks #196 out of 490 companies in the Interactive Media industry, which is above the industry midpoint. Overall, MarkLines Co has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MarkLines Co's Return-on-Tangible-Equity compare to GOOGL and META?
According to the Interactive Media industry distribution chart, MarkLines Co ranks #196 out of 490 companies for Return-on-Tangible-Equity. This puts MarkLines Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.51. Historically, MarkLines Co's own Return-on-Tangible-Equity has ranged from 11.41 to 28.63 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 an Interactive Media company?
The median Return-on-Tangible-Equity among Interactive Media companies is 5.51, based on 490 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 MarkLines Co and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Equity is 5.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MarkLines Co's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MarkLines Co stock overvalued right now?
Based on GuruFocus' analysis, MarkLines Co (TSE:3901) is currently considered Significantly Undervalued. The stock's GF Value™ is 円3,307.76, compared to a current price of 円1,365.00 — trading 58.7% below its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. MarkLines Co's overall GF Score™ is 78/100 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 MarkLines Co (TSE:3901), the current Return-on-Tangible-Equity is 0.00% as of Dec. 2025. 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 MarkLines Co (TSE:3901) Overvalued in 2026?

Based on GuruFocus' analysis, MarkLines Co stock appears to be undervalued. The current stock price of 円1,365.00 is trading 58.7% below its estimated GF Value™ of 円3,307.76. GuruFocus considers MarkLines Co to be Significantly Undervalued.

Key valuation signals for TSE:3901:

  • Return-on-Tangible-Equity: 0.00%
  • GF Value™: 円3,307.76 vs. price of 円1,365.00 (58.7% below fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the TSE:3901 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MarkLines Co Business Description

Address 2-11-1 Nagatacho, 14th Floor, Sanno Park Tower, Chiyoda-ku, Tokyo, JPN, 100-6114
MarkLines Co Ltd engages in the provision of an automotive industrial portal. The company's Information Platform offers online information services, including information about suppliers, such as who supplies whom, plant data, and market trends; sales and production statistics; reports on technology and market trends; and model plan data comprising forecasts. It also provides B2B promotional support and advertisement services that include promotional emails and banner ads under the LINES name to its Information Platform members. The company serves OEMs, parts suppliers, and material suppliers.
78GF Score

Get the complete analysis for TSE:3901

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

円1,365.00
Price
円3,307.76
GF Value