Bank of Innovation (TSE:4393) Return-on-Tangible-Equity: 26.56% (As of Mar. 2026) — 10% Above Median

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TSE:4393 Bank of Innovation Inc TSE:4393
87 GF Score
Price 円4,810.00
GF Value 円5,094.80
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Bank of Innovation Return-on-Tangible-Equity?

Bank of Innovation TSE:4393 -2.43% 87 Return-on-Tangible-Equity is 26.56% as of Mar. 2026, which is 10% above its 10-year median of 24.15. GuruFocus rates TSE:4393 with a GF Score™ of 87/100 and a GF Value™ of 円5,094.80 (Fairly Valued). The stock has 1 warning sign investors should review. Among 490 Interactive Media companies, Bank of Innovation ranks better than 80.41% 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. Bank of Innovation's annualized net income for the quarter that ended in Mar. 2026 was 円1,654 Mil. Bank of Innovation's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円6,229 Mil. Therefore, Bank of Innovation's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 26.56%.

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

TSE:4393' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -151.17   Med: 24.15   Max: 162.02
Current: 29.37

During the past 10 years, Bank of Innovation's highest Return-on-Tangible-Equity was 162.02%. The lowest was -151.17%. And the median was 24.15%.

TSE:4393's Return-on-Tangible-Equity is ranked better than
80.41% of 490 companies
in the Interactive Media industry
Industry Median: 5.225 vs TSE:4393: 29.37

Bank of Innovation  (TSE:4393) 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.


Bank of Innovation Return-on-Tangible-Equity Related Terms


Bank of Innovation Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Bank of Innovation'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.

Bank of Innovation Return-on-Tangible-Equity Chart

Bank of Innovation Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -54.93 -151.17 162.02 22.00 26.29

Bank of Innovation Semi-Annual Data
Sep16 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 40.38 3.41 20.21 32.58 26.56

TSE:4393 vs NTES, EA, TTWO: Return-on-Tangible-Equity Comparison

For the Electronic Gaming & Multimedia subindustry, Bank of Innovation'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.


Bank of Innovation Return-on-Tangible-Equity vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Bank of Innovation's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Bank of Innovation's Return-on-Tangible-Equity falls into.


TSE:4393
87GF Score
Bank of Innovation Inc TSE:4393
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bank of Innovation Return-on-Tangible-Equity Calculation

Bank of Innovation's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=1351/( (4463+5814 )/ 2 )
=1351/5138.5
=26.29 %

Bank of Innovation's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=1654/( (5814+6643)/ 2 )
=1654/6228.5
=26.56 %

* 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 26.56% mean?
Bank of Innovation (TSE:4393) has a Return-on-Tangible-Equity of 26.56% 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 Bank of Innovation and its competitors. This is 10% above median its historical median of 24.15. According to the industry distribution chart, Bank of Innovation ranks #96 out of 490 companies in the Interactive Media industry, placing it in the top 19.6%.
Is Bank of Innovation's Return-on-Tangible-Equity too high?
Bank of Innovation's current Return-on-Tangible-Equity of 26.56% is 10% above median its 10-year median of 24.15. The Interactive Media industry median Return-on-Tangible-Equity is 5.23. Bank of Innovation's value of 26.56% is 408.3% above this industry median. Based on the distribution chart, Bank of Innovation ranks #96 out of 490 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Bank of Innovation has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bank of Innovation's Return-on-Tangible-Equity compare to NTES and EA?
According to the Interactive Media industry distribution chart, Bank of Innovation ranks #96 out of 490 companies for Return-on-Tangible-Equity. This places Bank of Innovation in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.23. Bank of Innovation's value of 26.56% is 408.3% above this benchmark. While the company's 10-year median is 24.15 vs. the industry median of 5.23, Bank of Innovation 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 an Interactive Media company?
The median Return-on-Tangible-Equity among Interactive Media companies is 5.23, based on 490 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. Bank of Innovation's current Return-on-Tangible-Equity of 26.56% is 408.3% 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 Bank of Innovation and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Equity is 5.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of Innovation's current Return-on-Tangible-Equity is 26.56%, which is 10% above median its own 10-year median of 24.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Innovation stock overvalued right now?
Based on GuruFocus' analysis, Bank of Innovation (TSE:4393) is currently considered Fairly Valued. The stock's GF Value™ is 円5,094.80, compared to a current price of 円4,810.00 — trading 5.6% below its estimated fair value. The current Return-on-Tangible-Equity is 26.56%, which is 10% above median its 10-year median of 24.15 and 408.3% above the Interactive Media industry median of 5.23. Bank of Innovation's overall GF Score™ is 87/100 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 Bank of Innovation (TSE:4393), the current Return-on-Tangible-Equity is 26.56% 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 Bank of Innovation (TSE:4393) Overvalued in 2026?

Based on GuruFocus' analysis, Bank of Innovation stock appears to be undervalued. The current stock price of 円4,810.00 is trading 5.6% below its estimated GF Value™ of 円5,094.80. GuruFocus considers Bank of Innovation to be Fairly Valued.

Key valuation signals for TSE:4393:

  • Return-on-Tangible-Equity: 26.56% (10% above median its 10-year median of 24.15)
  • GF Value™: 円5,094.80 vs. price of 円4,810.00 (5.6% below fair value)
  • GF Score™: 87/100 with 1 warning sign
  • Industry Position: 408.3% above the Interactive Media median (#96 of 490)

No single metric tells the full story. See the TSE:4393 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bank of Innovation Business Description

Address 6-27-30 Shinjuku, Shinjuku East Square, shinjuku-ku, Tokyo, JPN, 160-0022
Bank of Innovation Inc is engaged in development and operation of game application for smartphone. Some of the products offered by the company include mitrasphere, cryptolact, and conquest fighting.
87GF Score

Get the complete analysis for TSE:4393

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

円4,810.00
Price
円5,094.80
GF Value