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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.
Eltes CoTSE:3967 +0.70%64 Return-on-Tangible-Equity is 0.00% as of Feb. 2026. GuruFocus rates TSE:3967 with a GF Score™ of 64/100 and a GF Value™ of 円974.96 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,477 Software companies, Eltes Co ranks worse than 40371.38% 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. Eltes Co's annualized net income for the quarter that ended in Feb. 2026 was 円-364 Mil. Eltes Co's average shareholder tangible equity for the quarter that ended in Feb. 2026 was 円-107 Mil. Therefore, Eltes Co's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was N/A%.
The historical rank and industry rank for Eltes Co's Return-on-Tangible-Equity or its related term are showing as below:
During the past 12 years, Eltes Co's highest Return-on-Tangible-Equity was 12.26%. The lowest was -40.43%. And the median was 5.34%.
TSE:3967's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 8.83 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Eltes Co (TSE:3967) 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.
Eltes Co Return-on-Tangible-Equity Related Terms
Eltes Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Eltes 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.
TSE:3967 vs UBER, SHOP, CRM: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, Eltes 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.
Eltes Co Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Eltes Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Eltes Co'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 (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 0.00% mean?
Eltes Co (TSE:3967) has a Return-on-Tangible-Equity of 0.00% 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 Eltes Co and its competitors. According to the industry distribution chart, Eltes Co ranks #999999 out of 2477 companies in the Software industry.
Is Eltes Co's Return-on-Tangible-Equity too high?
Eltes Co's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, Eltes Co ranks #999999 out of 2477 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Eltes Co has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Eltes Co's Return-on-Tangible-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, Eltes Co ranks #999999 out of 2477 companies for Return-on-Tangible-Equity. This places Eltes Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.83. 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. 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 Eltes Co 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. Eltes 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 Eltes Co stock overvalued right now?
Based on GuruFocus' analysis, Eltes Co (TSE:3967) is currently considered Possible Value Trap. The stock's GF Value™ is 円974.96, compared to a current price of 円579.00 — trading 40.6% below its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. Eltes Co's overall GF Score™ is 64/100 with 6 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 Eltes Co (TSE:3967), the current Return-on-Tangible-Equity is 0.00% 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 Eltes Co (TSE:3967) Overvalued in 2026?
Based on GuruFocus' analysis, Eltes Co stock appears to be undervalued.
The current stock price of 円579.00 is trading 40.6% below its estimated GF Value™ of 円974.96.
GuruFocus considers Eltes Co to be Possible Value Trap.
Key valuation signals for TSE:3967:
Return-on-Tangible-Equity: 0.00%
GF Value™: 円974.96 vs. price of 円579.00 (40.6% below fair value)
No single metric tells the full story. See the TSE:3967 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eltes Co Ltd provides consultation services based on digital risk technology for database risk and other large storage protection in Japan. It also offers internal fraud detection services that enable the prevention of information security breaches caused by internal factors; and a service that includes detection and diagnosis of security breaches caused by external factors.
64GF Score
Get the complete analysis for TSE:3967
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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