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SecureTSE:4264 +1.37%80 Return-on-Tangible-Equity is 13.24% as of Dec. 2025, which is 12% below its 10-year median of 15.13. GuruFocus rates TSE:4264 with a GF Score™ of 80/100 and a GF Value™ of 円2,177.11 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,009 Business Services companies, Secure ranks worse than 55.9% 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. Secure's annualized net income for the quarter that ended in Dec. 2025 was 円334 Mil. Secure's average shareholder tangible equity for the quarter that ended in Dec. 2025 was 円2,519 Mil. Therefore, Secure's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 13.24%.
The historical rank and industry rank for Secure's Return-on-Tangible-Equity or its related term are showing as below:
TSE:4264'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -27.99 Med: 15.13 Max: 24.91
Current: 8.92
During the past 6 years, Secure's highest Return-on-Tangible-Equity was 24.91%. The lowest was -27.99%. And the median was 15.13%.
TSE:4264's Return-on-Tangible-Equity is ranked worse than 55.9% of 1009
companies
in the Business Services industry
Industry Median: 10.57
vs TSE:4264: 8.92
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.
Secure Return-on-Tangible-Equity Related Terms
Secure Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Secure'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:4264 vs ALLE, MSA, ADT: Return-on-Tangible-Equity Comparison
For the Security & Protection Services subindustry, Secure'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.
Secure Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Secure's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Secure'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 13.24% mean?
Secure (TSE:4264) has a Return-on-Tangible-Equity of 13.24% 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 Secure and its competitors. This is 12% below median its historical median of 15.13. According to the industry distribution chart, Secure ranks #564 out of 1009 companies in the Business Services industry, placing it in the top 55.9%.
Is Secure's Return-on-Tangible-Equity too high?
Secure's current Return-on-Tangible-Equity of 13.24% is 12% below median its 10-year median of 15.13. The Business Services industry median Return-on-Tangible-Equity is 10.57. Secure's value of 13.24% is 25.3% above this industry median. Based on the distribution chart, Secure ranks #564 out of 1009 companies in the Business Services industry, which is below the industry midpoint. Overall, Secure has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Secure's Return-on-Tangible-Equity compare to ALLE and MSA?
According to the Business Services industry distribution chart, Secure ranks #564 out of 1009 companies for Return-on-Tangible-Equity. This places Secure in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.57. Secure's value of 13.24% is 25.3% above this benchmark. While the company's 10-year median is 15.13 vs. the industry median of 10.57, Secure 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.57, based on 1,009 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. Secure's current Return-on-Tangible-Equity of 13.24% is 25.3% 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 Secure and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Secure's current Return-on-Tangible-Equity is 13.24%, which is 12% below median its own 10-year median of 15.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure stock overvalued right now?
Based on GuruFocus' analysis, Secure (TSE:4264) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,177.11, compared to a current price of 円1,549.00 — trading 28.9% below its estimated fair value. The current Return-on-Tangible-Equity is 13.24%, which is 12% below median its 10-year median of 15.13 and 25.3% above the Business Services industry median of 10.57. Secure's overall GF Score™ is 80/100 with 2 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 Secure (TSE:4264), the current Return-on-Tangible-Equity is 13.24% 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 Secure (TSE:4264) Overvalued in 2026?
Based on GuruFocus' analysis, Secure stock appears to be undervalued.
The current stock price of 円1,549.00 is trading 28.9% below its estimated GF Value™ of 円2,177.11.
GuruFocus considers Secure to be Modestly Undervalued.
Key valuation signals for TSE:4264:
Return-on-Tangible-Equity: 13.24% (12% below median its 10-year median of 15.13)
GF Value™: 円2,177.11 vs. price of 円1,549.00 (28.9% below fair value)
Industry Position: 25.3% above the Business Services median (#564 of 1009)
No single metric tells the full story. See the TSE:4264 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Secure Inc provides access control and surveillance camera systems for corporate service. The company specializes in AI solutions for security, offering products such as facial recognition systems, access control management, and surveillance cameras under the brand 'SECURE'. Their services are designed to enhance security and operational efficiency for a wide range of clients, from small to large enterprises. The company provides comprehensive security solutions, including unmanned store systems and management for factories and warehouses.
80GF Score
Get the complete analysis for TSE:4264
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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