GMO Commerce (TSE:410A) Return-on-Tangible-Equity: 15.81% (As of Jun. 2026) — 65% Below Median

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TSE:410A GMO Commerce Inc TSE:410A
19 GF Score
Price 円1,130.00
! 1 Warning Sign
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What is GMO Commerce Return-on-Tangible-Equity?

GMO Commerce TSE:410A +0.89% 19 Return-on-Tangible-Equity is 15.81% as of Jun. 2026, which is 65% below its 10-year median of 45.74. GuruFocus rates TSE:410A with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 2,492 Software companies, GMO Commerce ranks better than 65.05% 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. GMO Commerce's annualized net income for the quarter that ended in Jun. 2026 was 円382 Mil. GMO Commerce's average shareholder tangible equity for the quarter that ended in Jun. 2026 was 円2,419 Mil. Therefore, GMO Commerce's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 15.81%.

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

TSE:410A' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 18.84   Med: 45.74   Max: 59.11
Current: 18.84

During the past 3 years, GMO Commerce's highest Return-on-Tangible-Equity was 59.11%. The lowest was 18.84%. And the median was 45.74%.

TSE:410A's Return-on-Tangible-Equity is ranked better than
65.05% of 2492 companies
in the Software industry
Industry Median: 9.72 vs TSE:410A: 18.84

GMO Commerce  (TSE:410A) 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.


GMO Commerce Return-on-Tangible-Equity Related Terms


GMO Commerce Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for GMO Commerce'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.

GMO Commerce Return-on-Tangible-Equity Chart

GMO Commerce Annual Data
Trend Dec23 Dec24 Dec25
Return-on-Tangible-Equity
45.74 59.11 22.97

GMO Commerce Quarterly Data
Dec23 Dec24 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Equity Get a 7-Day Free Trial 0.00 25.92 14.44 17.80 15.81

TSE:410A vs MSFT, PLTR, ORCL: Return-on-Tangible-Equity Comparison

For the Software - Infrastructure subindustry, GMO Commerce'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.


GMO Commerce Return-on-Tangible-Equity vs Software Industry

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

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


TSE:410A
19GF Score
GMO Commerce Inc TSE:410A
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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GMO Commerce Return-on-Tangible-Equity Calculation

GMO Commerce'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 )
=342.79/( (425.177+2559.145 )/ 2 )
=342.79/1492.161
=22.97 %

GMO Commerce's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=382.432/( (2439.531+2398.998)/ 2 )
=382.432/2419.2645
=15.81 %

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

What does a Return-on-Tangible-Equity of 15.81% mean?
GMO Commerce (TSE:410A) has a Return-on-Tangible-Equity of 15.81% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on GMO Commerce and its competitors. This is 65% below median its historical median of 45.74. Over the past decade, GMO Commerce's Return-on-Tangible-Equity has ranged from 18.84 to 59.11. According to the industry distribution chart, GMO Commerce ranks #871 out of 2492 companies in the Software industry, placing it in the top 35%.
Is GMO Commerce's Return-on-Tangible-Equity too high?
GMO Commerce's current Return-on-Tangible-Equity of 15.81% is 65% below median its 10-year median of 45.74. Over the past 10 years, this metric has ranged from a low of 18.84 to a high of 59.11. The Software industry median Return-on-Tangible-Equity is 9.72. GMO Commerce's value of 15.81% is 62.7% above this industry median. Based on the distribution chart, GMO Commerce ranks #871 out of 2492 companies in the Software industry, which is above the industry midpoint. Overall, GMO Commerce has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does GMO Commerce's Return-on-Tangible-Equity compare to MSFT and PLTR?
According to the Software industry distribution chart, GMO Commerce ranks #871 out of 2492 companies for Return-on-Tangible-Equity. This puts GMO Commerce in the upper half of its industry. The industry median Return-on-Tangible-Equity is 9.72. GMO Commerce's value of 15.81% is 62.7% above this benchmark. Historically, GMO Commerce's own Return-on-Tangible-Equity has ranged from 18.84 to 59.11 over the past decade. While the company's 10-year median is 45.74 vs. the industry median of 9.72, GMO Commerce 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 9.72, based on 2,492 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. GMO Commerce's current Return-on-Tangible-Equity of 15.81% is 62.7% 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 GMO Commerce and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 9.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GMO Commerce's current Return-on-Tangible-Equity is 15.81%, which is 65% below median its own 10-year median of 45.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GMO Commerce stock overvalued right now?
GMO Commerce (TSE:410A) has a current Return-on-Tangible-Equity of 15.81%. The current Return-on-Tangible-Equity is 15.81%, which is 65% below median its 10-year median of 45.74 and 62.7% above the Software industry median of 9.72. GMO Commerce's overall GF Score™ is 19/100 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 GMO Commerce (TSE:410A), the current Return-on-Tangible-Equity is 15.81% as of Jun. 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.

GMO Commerce Business Description

Address 1-2-3 Dogenzaka, Shibuya-ku, Tokyo, JPN, 150-0043
GMO Commerce Inc is engaged in Development and provision of marketing platforms and solutions designed to enhance customer experience (CX) and accelerate digital transformation (DX) for various storefront businesses.
19GF Score

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

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