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Simplex HoldingsTSE:4373 +0.85%93 Return-on-Tangible-Equity is 83.34% as of Mar. 2026, which is 4% above its 10-year median of 80.04. GuruFocus rates TSE:4373 with a GF Score™ of 93/100 and a GF Value™ of 円1,086.47 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,477 Software companies, Simplex Holdings ranks better than 86.68% 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. Simplex Holdings's annualized net income for the quarter that ended in Mar. 2026 was 円13,000 Mil. Simplex Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円15,600 Mil. Therefore, Simplex Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 83.34%.
The historical rank and industry rank for Simplex Holdings's Return-on-Tangible-Equity or its related term are showing as below:
TSE:4373'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 69.16 Med: 80.04 Max: 244.3
Current: 77.3
During the past 7 years, Simplex Holdings's highest Return-on-Tangible-Equity was 244.30%. The lowest was 69.16%. And the median was 80.04%.
TSE:4373's Return-on-Tangible-Equity is ranked better than 86.68% of 2477
companies
in the Software industry
Industry Median: 8.83
vs TSE:4373: 77.30
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.
Simplex Holdings Return-on-Tangible-Equity Related Terms
Simplex Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Simplex Holdings'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:4373 vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, Simplex Holdings'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.
Simplex Holdings Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Simplex Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Simplex Holdings'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 (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 83.34% mean?
Simplex Holdings (TSE:4373) has a Return-on-Tangible-Equity of 83.34% 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 Simplex Holdings and its competitors. This is near median its historical median of 80.04. Over the past decade, Simplex Holdings' Return-on-Tangible-Equity has ranged from 69.16 to 244.30. According to the industry distribution chart, Simplex Holdings ranks #330 out of 2477 companies in the Software industry, placing it in the top 13.3%.
Is Simplex Holdings' Return-on-Tangible-Equity too high?
Simplex Holdings' current Return-on-Tangible-Equity of 83.34% is near median its 10-year median of 80.04. Over the past 10 years, this metric has ranged from a low of 69.16 to a high of 244.30. The Software industry median Return-on-Tangible-Equity is 8.83. Simplex Holdings' value of 83.34% is 843.8% above this industry median. Based on the distribution chart, Simplex Holdings ranks #330 out of 2477 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Simplex Holdings has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Simplex Holdings' Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Simplex Holdings ranks #330 out of 2477 companies for Return-on-Tangible-Equity. This places Simplex Holdings in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.83. Simplex Holdings' value of 83.34% is 843.8% above this benchmark. Historically, Simplex Holdings' own Return-on-Tangible-Equity has ranged from 69.16 to 244.30 over the past decade. While the company's 10-year median is 80.04 vs. the industry median of 8.83, Simplex Holdings 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 8.83, based on 2,477 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. Simplex Holdings's current Return-on-Tangible-Equity of 83.34% is 843.8% 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 Simplex Holdings and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Simplex Holdings's current Return-on-Tangible-Equity is 83.34%, which is near median its own 10-year median of 80.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simplex Holdings stock overvalued right now?
Based on GuruFocus' analysis, Simplex Holdings (TSE:4373) is currently considered Fairly Valued. The stock's GF Value™ is 円1,086.47, compared to a current price of 円1,074.00 — trading 1.1% below its estimated fair value. The current Return-on-Tangible-Equity is 83.34%, which is near median its 10-year median of 80.04 and 843.8% above the Software industry median of 8.83. Simplex Holdings' overall GF Score™ is 93/100 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 Simplex Holdings (TSE:4373), the current Return-on-Tangible-Equity is 83.34% 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 Simplex Holdings (TSE:4373) Overvalued in 2026?
Based on GuruFocus' analysis, Simplex Holdings stock appears to be undervalued.
The current stock price of 円1,074.00 is trading 1.1% below its estimated GF Value™ of 円1,086.47.
GuruFocus considers Simplex Holdings to be Fairly Valued.
Key valuation signals for TSE:4373:
Return-on-Tangible-Equity: 83.34% (near median its 10-year median of 80.04)
GF Value™: 円1,086.47 vs. price of 円1,074.00 (1.1% below fair value)
Industry Position: 843.8% above the Software median (#330 of 2477)
No single metric tells the full story. See the TSE:4373 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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