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Fullcast Holdings CoTSE:4848 -0.24%85 Return-on-Tangible-Equity is 13.51% as of Dec. 2025, which is 56% below its 10-year median of 30.38. GuruFocus rates TSE:4848 with a GF Score™ of 85/100 and a GF Value™ of 円2,252.60 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,009 Business Services companies, Fullcast Holdings Co ranks better than 72.45% 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. Fullcast Holdings Co's annualized net income for the quarter that ended in Dec. 2025 was 円2,856 Mil. Fullcast Holdings Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was 円21,145 Mil. Therefore, Fullcast Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 13.51%.
The historical rank and industry rank for Fullcast Holdings Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:4848'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 22.74 Med: 30.38 Max: 36.62
Current: 23.58
During the past 13 years, Fullcast Holdings Co's highest Return-on-Tangible-Equity was 36.62%. The lowest was 22.74%. And the median was 30.38%.
TSE:4848's Return-on-Tangible-Equity is ranked better than 72.45% of 1009
companies
in the Business Services industry
Industry Median: 10.71
vs TSE:4848: 23.58
Fullcast Holdings Co (TSE:4848) 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.
Fullcast Holdings Co Return-on-Tangible-Equity Related Terms
Fullcast Holdings Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Fullcast Holdings Co'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.
Fullcast Holdings Co Return-on-Tangible-Equity Chart
TSE:4848 vs KFY, RHI, TNET: Return-on-Tangible-Equity Comparison
For the Staffing & Employment Services subindustry, Fullcast Holdings Co'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.
Fullcast Holdings Co Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Fullcast Holdings Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Fullcast Holdings Co'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 13.51% mean?
Fullcast Holdings Co (TSE:4848) has a Return-on-Tangible-Equity of 13.51% 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 Fullcast Holdings Co and its competitors. This is 56% below median its historical median of 30.38. Over the past decade, Fullcast Holdings Co's Return-on-Tangible-Equity has ranged from 22.74 to 36.62. According to the industry distribution chart, Fullcast Holdings Co ranks #278 out of 1009 companies in the Business Services industry, placing it in the top 27.6%.
Is Fullcast Holdings Co's Return-on-Tangible-Equity too high?
Fullcast Holdings Co's current Return-on-Tangible-Equity of 13.51% is 56% below median its 10-year median of 30.38. Over the past 10 years, this metric has ranged from a low of 22.74 to a high of 36.62. The Business Services industry median Return-on-Tangible-Equity is 10.71. Fullcast Holdings Co's value of 13.51% is 26.1% above this industry median. Based on the distribution chart, Fullcast Holdings Co ranks #278 out of 1009 companies in the Business Services industry, which is above the industry midpoint. Overall, Fullcast Holdings Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fullcast Holdings Co's Return-on-Tangible-Equity compare to KFY and RHI?
According to the Business Services industry distribution chart, Fullcast Holdings Co ranks #278 out of 1009 companies for Return-on-Tangible-Equity. This puts Fullcast Holdings Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.71. Fullcast Holdings Co's value of 13.51% is 26.1% above this benchmark. Historically, Fullcast Holdings Co's own Return-on-Tangible-Equity has ranged from 22.74 to 36.62 over the past decade. While the company's 10-year median is 30.38 vs. the industry median of 10.71, Fullcast Holdings Co 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 10.71, 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. Fullcast Holdings Co's current Return-on-Tangible-Equity of 13.51% is 26.1% 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 Fullcast Holdings Co and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fullcast Holdings Co's current Return-on-Tangible-Equity is 13.51%, which is 56% below median its own 10-year median of 30.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fullcast Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Fullcast Holdings Co (TSE:4848) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,252.60, compared to a current price of 円1,642.00 — trading 27.1% below its estimated fair value. The current Return-on-Tangible-Equity is 13.51%, which is 56% below median its 10-year median of 30.38 and 26.1% above the Business Services industry median of 10.71. Fullcast Holdings Co's overall GF Score™ is 85/100 with 3 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 Fullcast Holdings Co (TSE:4848), the current Return-on-Tangible-Equity is 13.51% 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 Fullcast Holdings Co (TSE:4848) Overvalued in 2026?
Based on GuruFocus' analysis, Fullcast Holdings Co stock appears to be undervalued.
The current stock price of 円1,642.00 is trading 27.1% below its estimated GF Value™ of 円2,252.60.
GuruFocus considers Fullcast Holdings Co to be Modestly Undervalued.
Key valuation signals for TSE:4848:
Return-on-Tangible-Equity: 13.51% (56% below median its 10-year median of 30.38)
GF Value™: 円2,252.60 vs. price of 円1,642.00 (27.1% below fair value)
Industry Position: 26.1% above the Business Services median (#278 of 1009)
No single metric tells the full story. See the TSE:4848 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fullcast Holdings Co Ltd is a Japan-based holding company that provides human resource solutions. The company has two business segments namely, Short-term operational support business including short-term personnel service, event personnel service, and the security business, providing security services mainly for public facilities and corporations. The majority of the company's revenue is generated from Short-term operational support business. The short-term operational support business provides timely short-term staffing services that cater to fluctuations in client company's workloads.
85GF Score
Get the complete analysis for TSE:4848
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