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ASTMAX CoTSE:7162 -4.14%64 Return-on-Tangible-Equity is 156.52% as of Mar. 2026, which is 5592% above its 10-year median of 2.75. GuruFocus rates TSE:7162 with a GF Score™ of 64/100 and a GF Value™ of 円442.10 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,589 Asset Management companies, ASTMAX Co ranks better than 89.24% 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. ASTMAX Co's annualized net income for the quarter that ended in Mar. 2026 was 円9,874 Mil. ASTMAX Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円6,308 Mil. Therefore, ASTMAX Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 156.52%.
The historical rank and industry rank for ASTMAX Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:7162'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.67 Med: 2.75 Max: 35.41
Current: 35.41
During the past 13 years, ASTMAX Co's highest Return-on-Tangible-Equity was 35.41%. The lowest was -6.67%. And the median was 2.75%.
TSE:7162's Return-on-Tangible-Equity is ranked better than 89.24% of 1589
companies
in the Asset Management industry
Industry Median: 7.21
vs TSE:7162: 35.41
ASTMAX Co (TSE:7162) 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.
ASTMAX Co Return-on-Tangible-Equity Related Terms
ASTMAX Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for ASTMAX 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.
TSE:7162 vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, ASTMAX 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.
ASTMAX Co Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, ASTMAX Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ASTMAX 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 (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 156.52% mean?
ASTMAX Co (TSE:7162) has a Return-on-Tangible-Equity of 156.52% 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 ASTMAX Co and its competitors. This is 5592% above median its historical median of 2.75. According to the industry distribution chart, ASTMAX Co ranks #171 out of 1589 companies in the Asset Management industry, placing it in the top 10.8%.
Is ASTMAX Co's Return-on-Tangible-Equity too high?
ASTMAX Co's current Return-on-Tangible-Equity of 156.52% is 5592% above median its 10-year median of 2.75. The Asset Management industry median Return-on-Tangible-Equity is 7.21. ASTMAX Co's value of 156.52% is 2070.9% above this industry median. Based on the distribution chart, ASTMAX Co ranks #171 out of 1589 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, ASTMAX Co has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ASTMAX Co's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, ASTMAX Co ranks #171 out of 1589 companies for Return-on-Tangible-Equity. This places ASTMAX Co in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.21. ASTMAX Co's value of 156.52% is 2070.9% above this benchmark. While the company's 10-year median is 2.75 vs. the industry median of 7.21, ASTMAX 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 an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,589 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. ASTMAX Co's current Return-on-Tangible-Equity of 156.52% is 2070.9% 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 ASTMAX Co and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASTMAX Co's current Return-on-Tangible-Equity is 156.52%, which is 5592% above median its own 10-year median of 2.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASTMAX Co stock overvalued right now?
Based on GuruFocus' analysis, ASTMAX Co (TSE:7162) is currently considered Significantly Undervalued. The stock's GF Value™ is 円442.10, compared to a current price of 円255.00 — trading 42.3% below its estimated fair value. The current Return-on-Tangible-Equity is 156.52%, which is 5592% above median its 10-year median of 2.75 and 2070.9% above the Asset Management industry median of 7.21. ASTMAX Co's overall GF Score™ is 64/100 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 ASTMAX Co (TSE:7162), the current Return-on-Tangible-Equity is 156.52% 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 ASTMAX Co (TSE:7162) Overvalued in 2026?
Based on GuruFocus' analysis, ASTMAX Co stock appears to be undervalued.
The current stock price of 円255.00 is trading 42.3% below its estimated GF Value™ of 円442.10.
GuruFocus considers ASTMAX Co to be Significantly Undervalued.
Key valuation signals for TSE:7162:
Return-on-Tangible-Equity: 156.52% (5592% above median its 10-year median of 2.75)
GF Value™: 円442.10 vs. price of 円255.00 (42.3% below fair value)
Industry Position: 2070.9% above the Asset Management median (#171 of 1589)
No single metric tells the full story. See the TSE:7162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASTMAX Co Ltd is engaged in management, accounting, administration, legal affairs, and internal control. The company conducts investment operations and manage assets of domestic institutional investors, renewable energy business, and electricity trading business.
64GF Score
Get the complete analysis for TSE:7162
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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