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oRo CoTSE:3983 +0.83%82 Return-on-Tangible-Equity is 23.01% as of Mar. 2026, which is 8% above its 10-year median of 21.21. GuruFocus rates TSE:3983 with a GF Score™ of 82/100 and a GF Value™ of 円1,515.65 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,480 Software companies, oRo Co ranks better than 51.05% 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. oRo Co's annualized net income for the quarter that ended in Mar. 2026 was 円2,316 Mil. oRo Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円10,066 Mil. Therefore, oRo Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 23.01%.
The historical rank and industry rank for oRo Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:3983'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.42 Med: 21.21 Max: 27.6
Current: 9.42
During the past 12 years, oRo Co's highest Return-on-Tangible-Equity was 27.60%. The lowest was 9.42%. And the median was 21.21%.
TSE:3983's Return-on-Tangible-Equity is ranked better than 51.05% of 2480
companies
in the Software industry
Industry Median: 8.845
vs TSE:3983: 9.42
oRo Co (TSE:3983) 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.
oRo Co Return-on-Tangible-Equity Related Terms
oRo Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for oRo 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:3983 vs UBER, SHOP, CRM: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, oRo 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.
oRo Co Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, oRo Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where oRo 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 four times the quarterly (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 23.01% mean?
oRo Co (TSE:3983) has a Return-on-Tangible-Equity of 23.01% 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 oRo Co and its competitors. This is near median its historical median of 21.21. Over the past decade, oRo Co's Return-on-Tangible-Equity has ranged from 9.42 to 27.60. According to the industry distribution chart, oRo Co ranks #1214 out of 2480 companies in the Software industry, placing it in the top 49%.
Is oRo Co's Return-on-Tangible-Equity too high?
oRo Co's current Return-on-Tangible-Equity of 23.01% is near median its 10-year median of 21.21. Over the past 10 years, this metric has ranged from a low of 9.42 to a high of 27.60. The Software industry median Return-on-Tangible-Equity is 8.85. oRo Co's value of 23.01% is 160.1% above this industry median. Based on the distribution chart, oRo Co ranks #1214 out of 2480 companies in the Software industry, which is above the industry midpoint. Overall, oRo Co has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does oRo Co's Return-on-Tangible-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, oRo Co ranks #1214 out of 2480 companies for Return-on-Tangible-Equity. This puts oRo Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.85. oRo Co's value of 23.01% is 160.1% above this benchmark. Historically, oRo Co's own Return-on-Tangible-Equity has ranged from 9.42 to 27.60 over the past decade. While the company's 10-year median is 21.21 vs. the industry median of 8.85, oRo Co 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. oRo Co's current Return-on-Tangible-Equity of 23.01% is 160.1% 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 oRo Co 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. oRo Co's current Return-on-Tangible-Equity is 23.01%, which is near median its own 10-year median of 21.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is oRo Co stock overvalued right now?
Based on GuruFocus' analysis, oRo Co (TSE:3983) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,515.65, compared to a current price of 円2,195.00 — trading 44.8% above its estimated fair value. The current Return-on-Tangible-Equity is 23.01%, which is near median its 10-year median of 21.21 and 160.1% above the Software industry median of 8.85. oRo Co's overall GF Score™ is 82/100 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 oRo Co (TSE:3983), the current Return-on-Tangible-Equity is 23.01% 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 oRo Co (TSE:3983) Overvalued in 2026?
Based on GuruFocus' analysis, oRo Co stock appears to be overvalued.
The current stock price of 円2,195.00 is trading 44.8% above its estimated GF Value™ of 円1,515.65.
GuruFocus considers oRo Co to be Significantly Overvalued.
Key valuation signals for TSE:3983:
Return-on-Tangible-Equity: 23.01% (near median its 10-year median of 21.21)
GF Value™: 円1,515.65 vs. price of 円2,195.00 (44.8% above fair value)
Industry Position: 160.1% above the Software median (#1214 of 2480)
No single metric tells the full story. See the TSE:3983 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
oRo Co Ltd is a software application service provider. The solutions offered by the company include development and provision of cloud ERP, cloud PSA, enterprise system solution, IT infrastructure solution, and business process outsourcing.
82GF Score
Get the complete analysis for TSE:3983
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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