GRCS (TSE:9250) Return-on-Tangible-Equity: 0.00% (As of May. 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:9250 GRCS Inc TSE:9250
53 GF Score
Price 円883.00
GF Value 円1,135.52
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is GRCS Return-on-Tangible-Equity?

GRCS TSE:9250 -2.11% 53 Return-on-Tangible-Equity is 0.00% as of May. 2026. GuruFocus rates TSE:9250 with a GF Score™ of 53/100 and a GF Value™ of 円1,135.52 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,477 Software companies, GRCS ranks worse than 40371.38% 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. GRCS's annualized net income for the quarter that ended in May. 2026 was 円0 Mil. GRCS's average shareholder tangible equity for the quarter that ended in May. 2026 was 円-504 Mil. Therefore, GRCS's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2026 was N/A%.

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

During the past 7 years, GRCS's highest Return-on-Tangible-Equity was 64.21%. The lowest was -161.52%. And the median was -35.47%.

TSE:9250's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 8.83
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

GRCS  (TSE:9250) 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.


GRCS Return-on-Tangible-Equity Related Terms


GRCS Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for GRCS'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.

GRCS Return-on-Tangible-Equity Chart

GRCS Annual Data
Trend Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 34.11 -35.47 -161.52 Negative Tangible Equity 0.00

GRCS Quarterly Data
Nov20 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.00 0.00 0.00 0.00 0.00

TSE:9250 vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison

For the Information Technology Services subindustry, GRCS'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.


GRCS Return-on-Tangible-Equity vs Software Industry

For the Software industry and Technology sector, GRCS's Return-on-Tangible-Equity distribution charts can be found below:

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


TSE:9250
53GF Score
GRCS Inc TSE:9250
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GRCS Return-on-Tangible-Equity Calculation

GRCS's annualized Return-on-Tangible-Equity for the fiscal year that ended in Nov. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Nov. 2025 )  (A: Nov. 2024 )(A: Nov. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Nov. 2025 )  (A: Nov. 2024 )(A: Nov. 2025 )
=-527.903/( (39.644+-604.774 )/ 2 )
=-527.903/-282.565
=N/A %

GRCS's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: May. 2026 )  (Q: Feb. 2026 )(Q: May. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: May. 2026 )  (Q: Feb. 2026 )(Q: May. 2026 )
=0/( (-519.954+-488.06)/ 2 )
=0/-504.007
=N/A %

* 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 (May. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.00% mean?
GRCS (TSE:9250) has a Return-on-Tangible-Equity of 0.00% as of May. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on GRCS and its competitors. According to the industry distribution chart, GRCS ranks #999999 out of 2477 companies in the Software industry.
Is GRCS's Return-on-Tangible-Equity too high?
GRCS's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, GRCS ranks #999999 out of 2477 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, GRCS has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GRCS's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, GRCS ranks #999999 out of 2477 companies for Return-on-Tangible-Equity. This places GRCS in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.83. 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 8.83, based on 2,477 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 GRCS and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GRCS's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GRCS stock overvalued right now?
Based on GuruFocus' analysis, GRCS (TSE:9250) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,135.52, compared to a current price of 円883.00 — trading 22.2% below its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. GRCS's overall GF Score™ is 53/100 with 6 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 GRCS (TSE:9250), the current Return-on-Tangible-Equity is 0.00% as of May. 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 GRCS (TSE:9250) Overvalued in 2026?

Based on GuruFocus' analysis, GRCS stock appears to be undervalued. The current stock price of 円883.00 is trading 22.2% below its estimated GF Value™ of 円1,135.52. GuruFocus considers GRCS to be Modestly Undervalued.

Key valuation signals for TSE:9250:

  • Return-on-Tangible-Equity: 0.00%
  • GF Value™: 円1,135.52 vs. price of 円883.00 (22.2% below fair value)
  • GF Score™: 53/100 with 6 warning signs

No single metric tells the full story. See the TSE:9250 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GRCS Business Description

Address 1-1-1 Marunouchi, 5th Floor, Palace Building, Chiyoda-ku, Yokohama, Tokyo, JPN, 100-0005
GRCS Inc provides GRC solutions that visualize the risks surrounding a company and utilize IT to optimize company rules and social rules while utilizing them in management. Its GRC solutions business is divided into the Solutions Division and the Products Division. The Solutions division provides support for the implementation of GRC-related tools, including the design and construction of in-house developed products; consulting services such as IT security design, construction of regulations and policies, analysis, diagnosis, etc.; and services related to financial technology, including system analysis, development, and implementation. The Products division offers products that help solve operational issues related to GRC, managing personal information, and preventing security incidents.
53GF Score

Get the complete analysis for TSE:9250

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

円883.00
Price
円1,135.52
GF Value