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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. Sharing Innovations's annualized net income for the quarter that ended in Dec. 2025 was 円0 Mil. Sharing Innovations's average shareholder tangible equity for the quarter that ended in Dec. 2025 was 円1,067 Mil. Therefore, Sharing Innovations's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 0.00%.
The historical rank and industry rank for Sharing Innovations's Return-on-Tangible-Equity or its related term are showing as below:
TSE:4178'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.08 Med: 23.49 Max: 49.95
Current: 2.08
During the past 8 years, Sharing Innovations's highest Return-on-Tangible-Equity was 49.95%. The lowest was 2.08%. And the median was 23.49%.
TSE:4178's Return-on-Tangible-Equity is ranked worse than 63.48% of 2481
companies
in the Software industry
Industry Median: 8.86
vs TSE:4178: 2.08
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.
Sharing Innovations Return-on-Tangible-Equity Related Terms
Sharing Innovations Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Sharing Innovations'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:4178 vs MSFT, ORCL, PLTR: Return-on-Tangible-Equity Comparison
For the Software - Infrastructure subindustry, Sharing Innovations'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.
Sharing Innovations Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Sharing Innovations's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sharing Innovations'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 (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?
Sharing Innovations (TSE:4178) 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 Sharing Innovations and its competitors. Over the past decade, Sharing Innovations' Return-on-Tangible-Equity has ranged from 2.08 to 49.95. According to the industry distribution chart, Sharing Innovations ranks #1575 out of 2481 companies in the Software industry, placing it in the top 63.5%.
Is Sharing Innovations' Return-on-Tangible-Equity too high?
Sharing Innovations' current Return-on-Tangible-Equity is 0.00%. Over the past 10 years, this metric has ranged from a low of 2.08 to a high of 49.95. Based on the distribution chart, Sharing Innovations ranks #1575 out of 2481 companies in the Software industry, which is below the industry midpoint. Overall, Sharing Innovations has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sharing Innovations' Return-on-Tangible-Equity compare to MSFT and ORCL?
According to the Software industry distribution chart, Sharing Innovations ranks #1575 out of 2481 companies for Return-on-Tangible-Equity. This places Sharing Innovations in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.86. Historically, Sharing Innovations' own Return-on-Tangible-Equity has ranged from 2.08 to 49.95 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 a Software company?
The median Return-on-Tangible-Equity among Software companies is 8.86, based on 2,481 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 Sharing Innovations and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sharing Innovations'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 Sharing Innovations stock overvalued right now?
Based on GuruFocus' analysis, Sharing Innovations (TSE:4178) is currently considered Modestly Undervalued. The stock's GF Value™ is 円662.54, compared to a current price of 円502.00 — trading 24.2% below its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. Sharing Innovations' overall GF Score™ is 65/100 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 Sharing Innovations (TSE:4178), 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 Sharing Innovations (TSE:4178) Overvalued in 2026?
Based on GuruFocus' analysis, Sharing Innovations stock appears to be undervalued.
The current stock price of 円502.00 is trading 24.2% below its estimated GF Value™ of 円662.54.
GuruFocus considers Sharing Innovations to be Modestly Undervalued.
Key valuation signals for TSE:4178:
Return-on-Tangible-Equity: 0.00%
GF Value™: 円662.54 vs. price of 円502.00 (24.2% below fair value)
No single metric tells the full story. See the TSE:4178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sharing Innovations Inc is engaged in the system development and cloud integration business. The company operates in two rportable segments which includes Digital Transformation Business and Platform Business as its reportable segments. The Digital Transformation Business is engaged in cloud integration, tool application development, and various other web system development. The Platform Business is mainly engaged in the planning, development, and operation of smartphone applications.
65GF Score
Get the complete analysis for TSE:4178
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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