Tenda Co (TSE:4198) Return-on-Tangible-Equity: 11.70% (As of Feb. 2026) — 31% Below Median

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TSE:4198 Tenda Co Ltd TSE:4198
73 GF Score
Price 円489.00
GF Value 円806.05
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Tenda Co Return-on-Tangible-Equity?

Tenda Co TSE:4198 -0.61% 73 Return-on-Tangible-Equity is 11.70% as of Feb. 2026, which is 31% below its 10-year median of 16.97. GuruFocus rates TSE:4198 with a GF Score™ of 73/100 and a GF Value™ of 円806.05 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 2,480 Software companies, Tenda Co ranks worse than 65.04% 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. Tenda Co's annualized net income for the quarter that ended in Feb. 2026 was 円190 Mil. Tenda Co's average shareholder tangible equity for the quarter that ended in Feb. 2026 was 円1,623 Mil. Therefore, Tenda Co's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was 11.70%.

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

TSE:4198' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.12   Med: 16.97   Max: 32.81
Current: 1.16

During the past 8 years, Tenda Co's highest Return-on-Tangible-Equity was 32.81%. The lowest was 1.12%. And the median was 16.97%.

TSE:4198's Return-on-Tangible-Equity is ranked worse than
65.04% of 2480 companies
in the Software industry
Industry Median: 8.845 vs TSE:4198: 1.16

Tenda Co  (TSE:4198) 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.


Tenda Co Return-on-Tangible-Equity Related Terms


Tenda Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Tenda 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.

Tenda Co Return-on-Tangible-Equity Chart

Tenda Co Annual Data
Trend May19 May20 May21 May22 May23 May24 May25 May26
Return-on-Tangible-Equity
Get a 7-Day Free Trial 16.29 13.27 17.65 14.65 1.12

Tenda Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.79 -4.13 -3.24 11.70 0.14

TSE:4198 vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison

For the Information Technology Services subindustry, Tenda 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.


Tenda Co Return-on-Tangible-Equity vs Software Industry

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

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


TSE:4198
73GF Score
Tenda Co Ltd TSE:4198
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tenda Co Return-on-Tangible-Equity Calculation

Tenda Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in May. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: May. 2026 )  (A: May. 2025 )(A: May. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: May. 2026 )  (A: May. 2025 )(A: May. 2026 )
=19.012/( (1667.375+1741.25 )/ 2 )
=19.012/1704.3125
=1.12 %

Tenda Co's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=189.884/( (1570.267+1676.411)/ 2 )
=189.884/1623.339
=11.70 %

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

What does a Return-on-Tangible-Equity of 11.70% mean?
Tenda Co (TSE:4198) has a Return-on-Tangible-Equity of 11.70% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Tenda Co and its competitors. This is 31% below median its historical median of 16.97. Over the past decade, Tenda Co's Return-on-Tangible-Equity has ranged from 1.12 to 32.81. According to the industry distribution chart, Tenda Co ranks #1613 out of 2480 companies in the Software industry, placing it in the top 65%.
Is Tenda Co's Return-on-Tangible-Equity too high?
Tenda Co's current Return-on-Tangible-Equity of 11.70% is 31% below median its 10-year median of 16.97. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 32.81. The Software industry median Return-on-Tangible-Equity is 8.85. Tenda Co's value of 11.70% is 32.3% above this industry median. Based on the distribution chart, Tenda Co ranks #1613 out of 2480 companies in the Software industry, which is below the industry midpoint. Overall, Tenda Co has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tenda Co's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Tenda Co ranks #1613 out of 2480 companies for Return-on-Tangible-Equity. This places Tenda Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.85. Tenda Co's value of 11.70% is 32.3% above this benchmark. Historically, Tenda Co's own Return-on-Tangible-Equity has ranged from 1.12 to 32.81 over the past decade. While the company's 10-year median is 16.97 vs. the industry median of 8.85, Tenda 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. Tenda Co's current Return-on-Tangible-Equity of 11.70% is 32.3% 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 Tenda 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. Tenda Co's current Return-on-Tangible-Equity is 11.70%, which is 31% below median its own 10-year median of 16.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenda Co stock overvalued right now?
Based on GuruFocus' analysis, Tenda Co (TSE:4198) is currently considered Significantly Undervalued. The stock's GF Value™ is 円806.05, compared to a current price of 円489.00 — trading 39.3% below its estimated fair value. The current Return-on-Tangible-Equity is 11.70%, which is 31% below median its 10-year median of 16.97 and 32.3% above the Software industry median of 8.85. Tenda Co's overall GF Score™ is 73/100 with 5 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 Tenda Co (TSE:4198), the current Return-on-Tangible-Equity is 11.70% as of Feb. 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 Tenda Co (TSE:4198) Overvalued in 2026?

Based on GuruFocus' analysis, Tenda Co stock appears to be undervalued. The current stock price of 円489.00 is trading 39.3% below its estimated GF Value™ of 円806.05. GuruFocus considers Tenda Co to be Significantly Undervalued.

Key valuation signals for TSE:4198:

  • Return-on-Tangible-Equity: 11.70% (31% below median its 10-year median of 16.97)
  • GF Value™: 円806.05 vs. price of 円489.00 (39.3% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 32.3% above the Software median (#1613 of 2480)

No single metric tells the full story. See the TSE:4198 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tenda Co Business Description

Address 1-11-1 Nishi-Ikebukuro, WeWork Metropolitan Plaza Building, Toshima-ku, Tokyo, JPN, 171-0021
Tenda Co Ltd is engaged in the development, maintenance, and operation of web systems and related websites, applications, through contract work, as well as the provision of business products, and the planning, development, operation, and maintenance of game content.
73GF Score

Get the complete analysis for TSE:4198

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

円489.00
Price
円806.05
GF Value