T&S Group (TSE:4055) Return-on-Tangible-Equity: 19.32% (As of Mar. 2026) — 31% Below Median

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TSE:4055 T&S Group Inc TSE:4055
65 GF Score
Price 円1,513.00
GF Value 円1,971.02
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is T&S Group Return-on-Tangible-Equity?

T&S Group TSE:4055 -8.02% 65 Return-on-Tangible-Equity is 19.32% as of Mar. 2026, which is 31% below its 10-year median of 27.84. GuruFocus rates TSE:4055 with a GF Score™ of 65/100 and a GF Value™ of 円1,971.02 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,477 Software companies, T&S Group ranks better than 66.98% 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. T&S Group's annualized net income for the quarter that ended in Mar. 2026 was 円570 Mil. T&S Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円2,948 Mil. Therefore, T&S Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 19.32%.

The historical rank and industry rank for T&S Group's Return-on-Tangible-Equity or its related term are showing as below:

TSE:4055' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 19.63   Med: 27.84   Max: 54.32
Current: 19.63

During the past 7 years, T&S Group's highest Return-on-Tangible-Equity was 54.32%. The lowest was 19.63%. And the median was 27.84%.

TSE:4055's Return-on-Tangible-Equity is ranked better than
66.98% of 2477 companies
in the Software industry
Industry Median: 8.83 vs TSE:4055: 19.63

T&S Group  (TSE:4055) 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.


T&S Group Return-on-Tangible-Equity Related Terms


T&S Group Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for T&S Group'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.

T&S Group Return-on-Tangible-Equity Chart

T&S Group Annual Data
Trend Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Sep24
Return-on-Tangible-Equity
Get a 7-Day Free Trial 28.38 21.78 27.30 24.34 0.00

T&S Group Semi-Annual Data
Nov18 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 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 24.41 19.46 19.22 19.91 19.32

TSE:4055 vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison

For the Information Technology Services subindustry, T&S Group'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.


T&S Group Return-on-Tangible-Equity vs Software Industry

For the Software industry and Technology sector, T&S Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where T&S Group's Return-on-Tangible-Equity falls into.


TSE:4055
65GF Score
T&S Group Inc TSE:4055
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

T&S Group Return-on-Tangible-Equity Calculation

T&S Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2024 )  (A: Nov. 2023 )(A: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2024 )  (A: Nov. 2023 )(A: Sep. 2024 )
=0/( (2161.639+2434.212 )/ 2 )
=0/2297.9255
=0.00 %

T&S Group'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 )
=569.626/( (2825.485+3071.505)/ 2 )
=569.626/2948.495
=19.32 %

* 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 19.32% mean?
T&S Group (TSE:4055) has a Return-on-Tangible-Equity of 19.32% 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 T&S Group and its competitors. This is 31% below median its historical median of 27.84. Over the past decade, T&S Group's Return-on-Tangible-Equity has ranged from 19.63 to 54.32. According to the industry distribution chart, T&S Group ranks #818 out of 2477 companies in the Software industry, placing it in the top 33%.
Is T&S Group's Return-on-Tangible-Equity too high?
T&S Group's current Return-on-Tangible-Equity of 19.32% is 31% below median its 10-year median of 27.84. Over the past 10 years, this metric has ranged from a low of 19.63 to a high of 54.32. The Software industry median Return-on-Tangible-Equity is 8.83. T&S Group's value of 19.32% is 118.8% above this industry median. Based on the distribution chart, T&S Group ranks #818 out of 2477 companies in the Software industry, which is above the industry midpoint. Overall, T&S Group has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does T&S Group's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, T&S Group ranks #818 out of 2477 companies for Return-on-Tangible-Equity. This puts T&S Group in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.83. T&S Group's value of 19.32% is 118.8% above this benchmark. Historically, T&S Group's own Return-on-Tangible-Equity has ranged from 19.63 to 54.32 over the past decade. While the company's 10-year median is 27.84 vs. the industry median of 8.83, T&S Group 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 8.83, 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. T&S Group's current Return-on-Tangible-Equity of 19.32% is 118.8% 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 T&S Group 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. T&S Group's current Return-on-Tangible-Equity is 19.32%, which is 31% below median its own 10-year median of 27.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T&S Group stock overvalued right now?
Based on GuruFocus' analysis, T&S Group (TSE:4055) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,971.02, compared to a current price of 円1,513.00 — trading 23.2% below its estimated fair value. The current Return-on-Tangible-Equity is 19.32%, which is 31% below median its 10-year median of 27.84 and 118.8% above the Software industry median of 8.83. T&S Group's overall GF Score™ is 65/100 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 T&S Group (TSE:4055), the current Return-on-Tangible-Equity is 19.32% 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 T&S Group (TSE:4055) Overvalued in 2026?

Based on GuruFocus' analysis, T&S Group stock appears to be undervalued. The current stock price of 円1,513.00 is trading 23.2% below its estimated GF Value™ of 円1,971.02. GuruFocus considers T&S Group to be Modestly Undervalued.

Key valuation signals for TSE:4055:

  • Return-on-Tangible-Equity: 19.32% (31% below median its 10-year median of 27.84)
  • GF Value™: 円1,971.02 vs. price of 円1,513.00 (23.2% below fair value)
  • GF Score™: 65/100 with 1 warning sign
  • Industry Position: 118.8% above the Software median (#818 of 2477)

No single metric tells the full story. See the TSE:4055 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


T&S Group Business Description

Address 3-6-3 Minatomirai, MM Park Building 11th floor, Nishi-ku Yokohama, Kanagawa, Yokkaichi, JPN, 220-0012
T&S Group Inc formerly T&S inc is a provider of system development, system operation, maintenance and infrastructure design for companies and semiconductor fabrication plants, Artificial Intelligence(AI) related software development. The company's business is divided into Solution category; Semiconductor category; and Advanced technology solution category. The solution category focuses on contracts (development, operation and maintenance) for corporate customers. The semiconductor category is in charge of overall IT infrastructure operation support such as maintenance and operation services for factory systems and IT help desks. The Advanced Technology Solution Category is used in industrial fields AI, image processing/recognition/machine learning, robots, automated driving.
65GF Score

Get the complete analysis for TSE:4055

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

円1,513.00
Price
円1,971.02
GF Value