WILL GROUP (TSE:6089) Return-on-Tangible-Equity: 58.02% (As of Mar. 2026) — Near Median

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TSE:6089 WILL GROUP Inc TSE:6089
58 GF Score
Price 円1,084.00
GF Value 円1,077.82
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is WILL GROUP Return-on-Tangible-Equity?

WILL GROUP TSE:6089 +1.40% 58 Return-on-Tangible-Equity is 58.02% as of Mar. 2026, which is 4% below its 10-year median of 60.43. GuruFocus rates TSE:6089 with a GF Score™ of 58/100 and a GF Value™ of 円1,077.82 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,009 Business Services companies, WILL GROUP ranks better than 87.02% 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. WILL GROUP's annualized net income for the quarter that ended in Mar. 2026 was 円2,334 Mil. WILL GROUP's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円4,023 Mil. Therefore, WILL GROUP's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 58.02%.

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

TSE:6089' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 36.77   Med: 60.43   Max: 174.5
Current: 59.51

During the past 13 years, WILL GROUP's highest Return-on-Tangible-Equity was 174.50%. The lowest was 36.77%. And the median was 60.43%.

TSE:6089's Return-on-Tangible-Equity is ranked better than
87.02% of 1009 companies
in the Business Services industry
Industry Median: 10.61 vs TSE:6089: 59.51

WILL GROUP  (TSE:6089) 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.


WILL GROUP Return-on-Tangible-Equity Related Terms


WILL GROUP Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for WILL GROUP'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.

WILL GROUP Return-on-Tangible-Equity Chart

WILL GROUP 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 Negative Tangible Equity Negative Tangible Equity 174.50 36.77 60.70

WILL GROUP 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 145.72 41.84 44.78 59.87 58.02

TSE:6089 vs KFY, RHI, TNET: Return-on-Tangible-Equity Comparison

For the Staffing & Employment Services subindustry, WILL GROUP'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.


WILL GROUP Return-on-Tangible-Equity vs Business Services Industry

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

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


TSE:6089
58GF Score
WILL GROUP Inc TSE:6089
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WILL GROUP Return-on-Tangible-Equity Calculation

WILL GROUP'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 )
=2314/( (3621+4003 )/ 2 )
=2314/3812
=60.70 %

WILL GROUP'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 )
=2334/( (4042+4003)/ 2 )
=2334/4022.5
=58.02 %

* 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 58.02% mean?
WILL GROUP (TSE:6089) has a Return-on-Tangible-Equity of 58.02% 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 WILL GROUP and its competitors. This is near median its historical median of 60.43. Over the past decade, WILL GROUP's Return-on-Tangible-Equity has ranged from 36.77 to 174.50. According to the industry distribution chart, WILL GROUP ranks #131 out of 1009 companies in the Business Services industry, placing it in the top 13%.
Is WILL GROUP's Return-on-Tangible-Equity too high?
WILL GROUP's current Return-on-Tangible-Equity of 58.02% is near median its 10-year median of 60.43. Over the past 10 years, this metric has ranged from a low of 36.77 to a high of 174.50. The Business Services industry median Return-on-Tangible-Equity is 10.61. WILL GROUP's value of 58.02% is 446.8% above this industry median. Based on the distribution chart, WILL GROUP ranks #131 out of 1009 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, WILL GROUP has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does WILL GROUP's Return-on-Tangible-Equity compare to KFY and RHI?
According to the Business Services industry distribution chart, WILL GROUP ranks #131 out of 1009 companies for Return-on-Tangible-Equity. This places WILL GROUP in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.61. WILL GROUP's value of 58.02% is 446.8% above this benchmark. Historically, WILL GROUP's own Return-on-Tangible-Equity has ranged from 36.77 to 174.50 over the past decade. While the company's 10-year median is 60.43 vs. the industry median of 10.61, WILL GROUP 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 10.61, 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. WILL GROUP's current Return-on-Tangible-Equity of 58.02% is 446.8% 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 WILL GROUP 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. WILL GROUP's current Return-on-Tangible-Equity is 58.02%, which is near median its own 10-year median of 60.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WILL GROUP stock overvalued right now?
Based on GuruFocus' analysis, WILL GROUP (TSE:6089) is currently considered Fairly Valued. The stock's GF Value™ is 円1,077.82, compared to a current price of 円1,084.00 — trading 0.6% above its estimated fair value. The current Return-on-Tangible-Equity is 58.02%, which is near median its 10-year median of 60.43 and 446.8% above the Business Services industry median of 10.61. WILL GROUP's overall GF Score™ is 58/100 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 WILL GROUP (TSE:6089), the current Return-on-Tangible-Equity is 58.02% 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 WILL GROUP (TSE:6089) Overvalued in 2026?

Based on GuruFocus' analysis, WILL GROUP stock appears to be overvalued. The current stock price of 円1,084.00 is trading 0.6% above its estimated GF Value™ of 円1,077.82. GuruFocus considers WILL GROUP to be Fairly Valued.

Key valuation signals for TSE:6089:

  • Return-on-Tangible-Equity: 58.02% (near median its 10-year median of 60.43)
  • GF Value™: 円1,077.82 vs. price of 円1,084.00 (0.6% above fair value)
  • GF Score™: 58/100 with 1 warning sign
  • Industry Position: 446.8% above the Business Services median (#131 of 1009)

No single metric tells the full story. See the TSE:6089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WILL GROUP Business Description

Address Harmony Tower 27th floor, No. 32, No. 2, Honcho, Nakano-ku, Tokyo, JPN, 164-0012
WILL GROUP Inc provides recruitment services. The company offers staffing and employee placement services in Japan.
58GF Score

Get the complete analysis for TSE:6089

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

円1,084.00
Price
円1,077.82
GF Value