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Delivery ConsultingTSE:9240 +0.50%75 Return-on-Tangible-Equity is 20.37% as of Jan. 2026, which is 22% above its 10-year median of 16.69. GuruFocus rates TSE:9240 with a GF Score™ of 75/100 and a GF Value™ of 円655.53 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,486 Software companies, Delivery Consulting ranks better than 54.99% 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. Delivery Consulting's annualized net income for the quarter that ended in Jan. 2026 was 円239 Mil. Delivery Consulting's average shareholder tangible equity for the quarter that ended in Jan. 2026 was 円1,174 Mil. Therefore, Delivery Consulting's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2026 was 20.37%.
The historical rank and industry rank for Delivery Consulting's Return-on-Tangible-Equity or its related term are showing as below:
TSE:9240'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.14 Med: 16.69 Max: 101.94
Current: 12.72
During the past 7 years, Delivery Consulting's highest Return-on-Tangible-Equity was 101.94%. The lowest was 3.14%. And the median was 16.69%.
TSE:9240's Return-on-Tangible-Equity is ranked better than 54.99% of 2486
companies
in the Software industry
Industry Median: 9.705
vs TSE:9240: 12.72
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.
Delivery Consulting Return-on-Tangible-Equity Related Terms
Delivery Consulting Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Delivery 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.
TSE:9240 vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, Delivery 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.
Delivery Consulting Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Delivery Consulting's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Delivery Consulting'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 (Jan. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 20.37% mean?
Delivery Consulting (TSE:9240) has a Return-on-Tangible-Equity of 20.37% as of Jan. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Delivery Consulting and its competitors. This is 22% above median its historical median of 16.69. Over the past decade, Delivery Consulting's Return-on-Tangible-Equity has ranged from 3.14 to 101.94. According to the industry distribution chart, Delivery Consulting ranks #1119 out of 2486 companies in the Software industry, placing it in the top 45%.
Is Delivery Consulting's Return-on-Tangible-Equity too high?
Delivery Consulting's current Return-on-Tangible-Equity of 20.37% is 22% above median its 10-year median of 16.69. Over the past 10 years, this metric has ranged from a low of 3.14 to a high of 101.94. The Software industry median Return-on-Tangible-Equity is 9.71. Delivery Consulting's value of 20.37% is 109.9% above this industry median. Based on the distribution chart, Delivery Consulting ranks #1119 out of 2486 companies in the Software industry, which is above the industry midpoint. Overall, Delivery Consulting has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Delivery Consulting's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Delivery Consulting ranks #1119 out of 2486 companies for Return-on-Tangible-Equity. This puts Delivery Consulting in the upper half of its industry. The industry median Return-on-Tangible-Equity is 9.71. Delivery Consulting's value of 20.37% is 109.9% above this benchmark. Historically, Delivery Consulting's own Return-on-Tangible-Equity has ranged from 3.14 to 101.94 over the past decade. While the company's 10-year median is 16.69 vs. the industry median of 9.71, Delivery Consulting 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 9.71, based on 2,486 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. Delivery Consulting's current Return-on-Tangible-Equity of 20.37% is 109.9% 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 Delivery Consulting and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 9.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delivery Consulting's current Return-on-Tangible-Equity is 20.37%, which is 22% above median its own 10-year median of 16.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delivery Consulting stock overvalued right now?
Based on GuruFocus' analysis, Delivery Consulting (TSE:9240) is currently considered Significantly Undervalued. The stock's GF Value™ is 円655.53, compared to a current price of 円404.00 — trading 38.4% below its estimated fair value. The current Return-on-Tangible-Equity is 20.37%, which is 22% above median its 10-year median of 16.69 and 109.9% above the Software industry median of 9.71. Delivery Consulting's overall GF Score™ is 75/100 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 Delivery Consulting (TSE:9240), the current Return-on-Tangible-Equity is 20.37% as of Jan. 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 Delivery Consulting (TSE:9240) Overvalued in 2026?
Based on GuruFocus' analysis, Delivery Consulting stock appears to be undervalued.
The current stock price of 円404.00 is trading 38.4% below its estimated GF Value™ of 円655.53.
GuruFocus considers Delivery Consulting to be Significantly Undervalued.
Key valuation signals for TSE:9240:
Return-on-Tangible-Equity: 20.37% (22% above median its 10-year median of 16.69)
GF Value™: 円655.53 vs. price of 円404.00 (38.4% below fair value)
Industry Position: 109.9% above the Software median (#1119 of 2486)
No single metric tells the full story. See the TSE:9240 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Delivery Consulting Inc is a technology consulting company offering various IT services in Japan. It is engaged in a digital transformation business that supports client companies' DX (digital transformation) from both IT consulting and IT system development. In the digital transformation business, the company provides three services and solutions: digital migration, data tactics, and intelligent automation. The company operates in a single segment, the digital transformation business.
75GF Score
Get the complete analysis for TSE:9240
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