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CincTSE:4378 -12.07%69 Return-on-Tangible-Equity is 8.45% as of Apr. 2026, which is 53% above its 10-year median of 5.52. GuruFocus rates TSE:4378 with a GF Score™ of 69/100 and a GF Value™ of 円707.83 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,480 Software companies, Cinc ranks worse than 72.3% 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. Cinc's annualized net income for the quarter that ended in Apr. 2026 was 円85 Mil. Cinc's average shareholder tangible equity for the quarter that ended in Apr. 2026 was 円1,005 Mil. Therefore, Cinc's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 8.45%.
The historical rank and industry rank for Cinc's Return-on-Tangible-Equity or its related term are showing as below:
TSE:4378'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -12.62 Med: 5.52 Max: 36.2
Current: -5.13
During the past 7 years, Cinc's highest Return-on-Tangible-Equity was 36.20%. The lowest was -12.62%. And the median was 5.52%.
TSE:4378's Return-on-Tangible-Equity is ranked worse than 72.3% of 2480
companies
in the Software industry
Industry Median: 8.845
vs TSE:4378: -5.13
Cinc (TSE:4378) 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.
Cinc Return-on-Tangible-Equity Related Terms
Cinc Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Cinc'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:4378 vs MSFT, ORCL, PLTR: Return-on-Tangible-Equity Comparison
For the Software - Infrastructure subindustry, Cinc'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.
Cinc Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Cinc's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Cinc'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 (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 8.45% mean?
Cinc (TSE:4378) has a Return-on-Tangible-Equity of 8.45% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Cinc and its competitors. This is 53% above median its historical median of 5.52. According to the industry distribution chart, Cinc ranks #1793 out of 2480 companies in the Software industry, placing it in the top 72.3%.
Is Cinc's Return-on-Tangible-Equity too high?
Cinc's current Return-on-Tangible-Equity of 8.45% is 53% above median its 10-year median of 5.52. The Software industry median Return-on-Tangible-Equity is 8.85. Cinc's value of 8.45% is 4.5% below this industry median. Based on the distribution chart, Cinc ranks #1793 out of 2480 companies in the Software industry, which is below the industry midpoint. Overall, Cinc has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cinc's Return-on-Tangible-Equity compare to MSFT and ORCL?
According to the Software industry distribution chart, Cinc ranks #1793 out of 2480 companies for Return-on-Tangible-Equity. This places Cinc in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.85. Cinc's value of 8.45% is 4.5% below this benchmark. While the company's 10-year median is 5.52 vs. the industry median of 8.85, Cinc has consistently been below 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. Cinc's current Return-on-Tangible-Equity of 8.45% is 4.5% below 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 Cinc 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. Cinc's current Return-on-Tangible-Equity is 8.45%, which is 53% above median its own 10-year median of 5.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cinc stock overvalued right now?
Based on GuruFocus' analysis, Cinc (TSE:4378) is currently considered Possible Value Trap. The stock's GF Value™ is 円707.83, compared to a current price of 円459.00 — trading 35.2% below its estimated fair value. The current Return-on-Tangible-Equity is 8.45%, which is 53% above median its 10-year median of 5.52 and 4.5% below the Software industry median of 8.85. Cinc's overall GF Score™ is 69/100 with 4 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 Cinc (TSE:4378), the current Return-on-Tangible-Equity is 8.45% as of Apr. 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 Cinc (TSE:4378) Overvalued in 2026?
Based on GuruFocus' analysis, Cinc stock appears to be undervalued.
The current stock price of 円459.00 is trading 35.2% below its estimated GF Value™ of 円707.83.
GuruFocus considers Cinc to be Possible Value Trap.
Key valuation signals for TSE:4378:
Return-on-Tangible-Equity: 8.45% (53% above median its 10-year median of 5.52)
GF Value™: 円707.83 vs. price of 円459.00 (35.2% below fair value)
Industry Position: 4.5% below the Software median (#1793 of 2480)
No single metric tells the full story. See the TSE:4378 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cinc Corp develop and provide SaaS products using natural language processing technology and artificial intelligence, and provide consulting services based on big data.
69GF Score
Get the complete analysis for TSE:4378
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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