Def Consulting (TSE:4833) Return-on-Tangible-Equity: -128.81% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:4833 Def Consulting Inc TSE:4833
42 GF Score
Price 円53.00
GF Value 円68.40
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Def Consulting Return-on-Tangible-Equity?

Def Consulting TSE:4833 +1.92% 42 Return-on-Tangible-Equity is -128.81% as of Mar. 2026. GuruFocus rates TSE:4833 with a GF Score™ of 42/100 and a GF Value™ of 円68.40 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,009 Business Services companies, Def Consulting ranks worse than 97.62% 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. Def Consulting's annualized net income for the quarter that ended in Mar. 2026 was 円-3,716.8 Mil. Def Consulting's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円2,885.5 Mil. Therefore, Def Consulting's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -128.81%.

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

TSE:4833' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -158.29   Med: -56.27   Max: 18.32
Current: -106.3

During the past 13 years, Def Consulting's highest Return-on-Tangible-Equity was 18.32%. The lowest was -158.29%. And the median was -56.27%.

TSE:4833's Return-on-Tangible-Equity is ranked worse than
97.62% of 1009 companies
in the Business Services industry
Industry Median: 10.61 vs TSE:4833: -106.30

Def Consulting  (TSE:4833) 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.


Def Consulting Return-on-Tangible-Equity Related Terms


Def Consulting Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Def Consulting'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.

Def Consulting Return-on-Tangible-Equity Chart

Def Consulting Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -35.85 -74.75 -48.48 -81.85 -158.29

Def Consulting Semi-Annual Data
Sep16 Mar17 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 Premium Member Only -33.10 -57.79 -112.56 -32.27 -128.81

TSE:4833 vs VRSK, EFX, BAH: Return-on-Tangible-Equity Comparison

For the Consulting Services subindustry, Def Consulting'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.


Def Consulting Return-on-Tangible-Equity vs Business Services Industry

For the Business Services industry and Industrials sector, Def Consulting's Return-on-Tangible-Equity distribution charts can be found below:

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


TSE:4833
42GF Score
Def Consulting Inc TSE:4833
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Def Consulting Return-on-Tangible-Equity Calculation

Def Consulting's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=-2154.249/( (308.834+2413.153 )/ 2 )
=-2154.249/1360.9935
=-158.29 %

Def Consulting'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 )
=-3716.814/( (3357.898+2413.153)/ 2 )
=-3716.814/2885.5255
=-128.81 %

* 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 -128.81% mean?
Def Consulting (TSE:4833) has a Return-on-Tangible-Equity of -128.81% 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 Def Consulting and its competitors. According to the industry distribution chart, Def Consulting ranks #985 out of 1009 companies in the Business Services industry, placing it in the top 97.6%.
Is Def Consulting's Return-on-Tangible-Equity too high?
Def Consulting's current Return-on-Tangible-Equity is -128.81%. Based on the distribution chart, Def Consulting ranks #985 out of 1009 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Def Consulting has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Def Consulting's Return-on-Tangible-Equity compare to VRSK and EFX?
According to the Business Services industry distribution chart, Def Consulting ranks #985 out of 1009 companies for Return-on-Tangible-Equity. This places Def Consulting in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.61. 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 10.61, 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. 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 Def Consulting and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Def Consulting's current Return-on-Tangible-Equity is -128.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Def Consulting stock overvalued right now?
Based on GuruFocus' analysis, Def Consulting (TSE:4833) is currently considered Modestly Undervalued. The stock's GF Value™ is 円68.40, compared to a current price of 円53.00 — trading 22.5% below its estimated fair value. The current Return-on-Tangible-Equity is -128.81%. Def Consulting's overall GF Score™ is 42/100 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 Def Consulting (TSE:4833), the current Return-on-Tangible-Equity is -128.81% 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 Def Consulting (TSE:4833) Overvalued in 2026?

Based on GuruFocus' analysis, Def Consulting stock appears to be undervalued. The current stock price of 円53.00 is trading 22.5% below its estimated GF Value™ of 円68.40. GuruFocus considers Def Consulting to be Modestly Undervalued.

Key valuation signals for TSE:4833:

  • Return-on-Tangible-Equity: -128.81%
  • GF Value™: 円68.40 vs. price of 円53.00 (22.5% below fair value)
  • GF Score™: 42/100 with 4 warning signs

No single metric tells the full story. See the TSE:4833 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Def Consulting Business Description

Address 21F Toranomon Hills Mori Tower, 1-23-1 Toranomon, Minato-ku, Tokyo, JPN, 105-6321
Def Consulting Inc is a strategic advisory firm specializing in business transformation, digital innovation, and operational efficiency. The company partners with organizations across industries to deliver tailored solutions that drive growth and competitiveness using consultants combined with deep industry knowledge and cutting-edge methodologies to solve complex business challenges.
42GF Score

Get the complete analysis for TSE:4833

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

円53.00
Price
円68.40
GF Value