Avic Co (TSE:9554) Return-on-Tangible-Equity: 53.38% (As of Mar. 2026) — 76% Above Median

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:9554 Avic Co Ltd TSE:9554
77 GF Score
Price 円1,681.00
GF Value 円2,257.85
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Avic Co Return-on-Tangible-Equity?

Avic Co TSE:9554 -1.75% 77 Return-on-Tangible-Equity is 53.38% as of Mar. 2026, which is 76% above its 10-year median of 30.27. GuruFocus rates TSE:9554 with a GF Score™ of 77/100 and a GF Value™ of 円2,257.85 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 864 Media - Diversified companies, Avic Co ranks better than 83.1% 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. Avic Co's annualized net income for the quarter that ended in Mar. 2026 was 円747 Mil. Avic Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円1,400 Mil. Therefore, Avic Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 53.38%.

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

TSE:9554' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 26.02   Med: 30.27   Max: 43.33
Current: 40.69

During the past 6 years, Avic Co's highest Return-on-Tangible-Equity was 43.33%. The lowest was 26.02%. And the median was 30.27%.

TSE:9554's Return-on-Tangible-Equity is ranked better than
83.1% of 864 companies
in the Media - Diversified industry
Industry Median: 5.44 vs TSE:9554: 40.69

Avic Co  (TSE:9554) 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.


Avic Co Return-on-Tangible-Equity Related Terms


Avic Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Avic 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.

Avic Co Return-on-Tangible-Equity Chart

Avic Co Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 26.02 43.33 26.77 27.94 35.91

Avic Co Quarterly Data
Sep20 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 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 0.00 29.20 44.93 30.51 53.38

TSE:9554 vs APP, OMC, TTD: Return-on-Tangible-Equity Comparison

For the Advertising Agencies subindustry, Avic 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.


Avic Co Return-on-Tangible-Equity vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Avic Co's Return-on-Tangible-Equity distribution charts can be found below:

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


TSE:9554
77GF Score
Avic Co Ltd TSE:9554
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avic Co Return-on-Tangible-Equity Calculation

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=539.634/( (1285.147+1720.045 )/ 2 )
=539.634/1502.596
=35.91 %

Avic Co'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: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=747.328/( (1880.387+919.615)/ 2 )
=747.328/1400.001
=53.38 %

* 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 53.38% mean?
Avic Co (TSE:9554) has a Return-on-Tangible-Equity of 53.38% 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 Avic Co and its competitors. This is 76% above median its historical median of 30.27. Over the past decade, Avic Co's Return-on-Tangible-Equity has ranged from 26.02 to 43.33. According to the industry distribution chart, Avic Co ranks #146 out of 864 companies in the Media - Diversified industry, placing it in the top 16.9%.
Is Avic Co's Return-on-Tangible-Equity too high?
Avic Co's current Return-on-Tangible-Equity of 53.38% is 76% above median its 10-year median of 30.27. Over the past 10 years, this metric has ranged from a low of 26.02 to a high of 43.33. The Media - Diversified industry median Return-on-Tangible-Equity is 5.44. Avic Co's value of 53.38% is 881.3% above this industry median. Based on the distribution chart, Avic Co ranks #146 out of 864 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Avic Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Avic Co's Return-on-Tangible-Equity compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Avic Co ranks #146 out of 864 companies for Return-on-Tangible-Equity. This places Avic Co in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.44. Avic Co's value of 53.38% is 881.3% above this benchmark. Historically, Avic Co's own Return-on-Tangible-Equity has ranged from 26.02 to 43.33 over the past decade. While the company's 10-year median is 30.27 vs. the industry median of 5.44, Avic 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 Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.44, based on 864 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. Avic Co's current Return-on-Tangible-Equity of 53.38% is 881.3% 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 Avic Co and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avic Co's current Return-on-Tangible-Equity is 53.38%, which is 76% above median its own 10-year median of 30.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avic Co stock overvalued right now?
Based on GuruFocus' analysis, Avic Co (TSE:9554) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,257.85, compared to a current price of 円1,681.00 — trading 25.5% below its estimated fair value. The current Return-on-Tangible-Equity is 53.38%, which is 76% above median its 10-year median of 30.27 and 881.3% above the Media - Diversified industry median of 5.44. Avic Co's overall GF Score™ is 77/100 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 Avic Co (TSE:9554), the current Return-on-Tangible-Equity is 53.38% 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 Avic Co (TSE:9554) Overvalued in 2026?

Based on GuruFocus' analysis, Avic Co stock appears to be undervalued. The current stock price of 円1,681.00 is trading 25.5% below its estimated GF Value™ of 円2,257.85. GuruFocus considers Avic Co to be Modestly Undervalued.

Key valuation signals for TSE:9554:

  • Return-on-Tangible-Equity: 53.38% (76% above median its 10-year median of 30.27)
  • GF Value™: 円2,257.85 vs. price of 円1,681.00 (25.5% below fair value)
  • GF Score™: 77/100 with 1 warning sign
  • Industry Position: 881.3% above the Media - Diversified median (#146 of 864)

No single metric tells the full story. See the TSE:9554 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Avic Co Business Description

Address 12-32 Akasaka 1-chome, 19th Floor, Ark Mori Building, Minato-ku, Tokyo, JPN, 107-6019
Website https://avic.jp
Avic Co Ltd provides digital marketing services. The various services offered by the company to its clients include internet advertising, SEO consulting, search design, article and content planning services, and others.
77GF Score

Get the complete analysis for TSE:9554

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

円1,681.00
Price
円2,257.85
GF Value