Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Neo MarketingTSE:4196 -0.65%64 Return-on-Tangible-Equity is 34.33% as of Mar. 2026, which is 4% below its 10-year median of 35.66. GuruFocus rates TSE:4196 with a GF Score™ of 64/100 and a GF Value™ of 円1,496.46 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 864 Media - Diversified companies, Neo Marketing ranks worse than 74.42% 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. Neo Marketing's annualized net income for the quarter that ended in Mar. 2026 was 円234 Mil. Neo Marketing's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円683 Mil. Therefore, Neo Marketing's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 34.33%.
The historical rank and industry rank for Neo Marketing's Return-on-Tangible-Equity or its related term are showing as below:
TSE:4196'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -54.71 Med: 35.66 Max: 467.19
Current: -5.37
During the past 7 years, Neo Marketing's highest Return-on-Tangible-Equity was 467.19%. The lowest was -54.71%. And the median was 35.66%.
TSE:4196's Return-on-Tangible-Equity is ranked worse than 74.42% of 864
companies
in the Media - Diversified industry
Industry Median: 5.44
vs TSE:4196: -5.37
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.
Neo Marketing Return-on-Tangible-Equity Related Terms
Neo Marketing Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Neo Marketing'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:4196 vs APP, OMC, TTD: Return-on-Tangible-Equity Comparison
For the Advertising Agencies subindustry, Neo Marketing'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.
Neo Marketing Return-on-Tangible-Equity vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Neo Marketing's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Neo Marketing'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 (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 34.33% mean?
Neo Marketing (TSE:4196) has a Return-on-Tangible-Equity of 34.33% 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 Neo Marketing and its competitors. This is near median its historical median of 35.66. According to the industry distribution chart, Neo Marketing ranks #643 out of 864 companies in the Media - Diversified industry, placing it in the top 74.4%.
Is Neo Marketing's Return-on-Tangible-Equity too high?
Neo Marketing's current Return-on-Tangible-Equity of 34.33% is near median its 10-year median of 35.66. The Media - Diversified industry median Return-on-Tangible-Equity is 5.44. Neo Marketing's value of 34.33% is 531.1% above this industry median. Based on the distribution chart, Neo Marketing ranks #643 out of 864 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Neo Marketing has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neo Marketing's Return-on-Tangible-Equity compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Neo Marketing ranks #643 out of 864 companies for Return-on-Tangible-Equity. This places Neo Marketing in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.44. Neo Marketing's value of 34.33% is 531.1% above this benchmark. While the company's 10-year median is 35.66 vs. the industry median of 5.44, Neo Marketing 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 Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.44, based on 864 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. Neo Marketing's current Return-on-Tangible-Equity of 34.33% is 531.1% 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 Neo Marketing and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neo Marketing's current Return-on-Tangible-Equity is 34.33%, which is near median its own 10-year median of 35.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neo Marketing stock overvalued right now?
Based on GuruFocus' analysis, Neo Marketing (TSE:4196) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,496.46, compared to a current price of 円1,685.00 — trading 12.6% above its estimated fair value. The current Return-on-Tangible-Equity is 34.33%, which is near median its 10-year median of 35.66 and 531.1% above the Media - Diversified industry median of 5.44. Neo Marketing's overall GF Score™ is 64/100 with 7 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 Neo Marketing (TSE:4196), the current Return-on-Tangible-Equity is 34.33% 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 Neo Marketing (TSE:4196) Overvalued in 2026?
Based on GuruFocus' analysis, Neo Marketing stock appears to be overvalued.
The current stock price of 円1,685.00 is trading 12.6% above its estimated GF Value™ of 円1,496.46.
GuruFocus considers Neo Marketing to be Modestly Overvalued.
Key valuation signals for TSE:4196:
Return-on-Tangible-Equity: 34.33% (near median its 10-year median of 35.66)
GF Value™: 円1,496.46 vs. price of 円1,685.00 (12.6% above fair value)
Industry Position: 531.1% above the Media - Diversified median (#643 of 864)
No single metric tells the full story. See the TSE:4196 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:4196 has been successfully added to your 
