Tokyu Construction CoFRA:TCW 23 Return-on-Tangible-Equity is 20.31% as of Mar. 2026, which is 100% above its 10-year median of 10.15. GuruFocus rates FRA:TCW with a GF Score™ of 23/100 and a GF Value™ of €5.10 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,706 Construction companies, Tokyu Construction Co ranks better than 64.83% 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. Tokyu Construction Co's annualized net income for the quarter that ended in Mar. 2026 was €118 Mil. Tokyu Construction Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €582 Mil. Therefore, Tokyu Construction Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 20.31%.
The historical rank and industry rank for Tokyu Construction Co's Return-on-Tangible-Equity or its related term are showing as below:
FRA:TCW'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.74 Med: 10.15 Max: 23
Current: 13.01
During the past 13 years, Tokyu Construction Co's highest Return-on-Tangible-Equity was 23.00%. The lowest was -7.74%. And the median was 10.15%.
FRA:TCW's Return-on-Tangible-Equity is ranked better than 64.83% of 1706
companies
in the Construction industry
Industry Median: 8.245
vs FRA:TCW: 13.01
Tokyu Construction Co (FRA:TCW) 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.
Tokyu Construction Co Return-on-Tangible-Equity Related Terms
Tokyu Construction Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Tokyu Construction 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.
Tokyu Construction Co Return-on-Tangible-Equity Chart
FRA:TCW vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Tokyu Construction 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.
Tokyu Construction Co Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Tokyu Construction Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tokyu Construction 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 20.31% mean?
Tokyu Construction Co (FRA:TCW) has a Return-on-Tangible-Equity of 20.31% 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 Tokyu Construction Co and its competitors. This is 100% above median its historical median of 10.15. According to the industry distribution chart, Tokyu Construction Co ranks #600 out of 1706 companies in the Construction industry, placing it in the top 35.2%.
Is Tokyu Construction Co's Return-on-Tangible-Equity too high?
Tokyu Construction Co's current Return-on-Tangible-Equity of 20.31% is 100% above median its 10-year median of 10.15. The Construction industry median Return-on-Tangible-Equity is 8.25. Tokyu Construction Co's value of 20.31% is 146.3% above this industry median. Based on the distribution chart, Tokyu Construction Co ranks #600 out of 1706 companies in the Construction industry, which is above the industry midpoint. Overall, Tokyu Construction Co has a GF Score™ of 23/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyu Construction Co's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Tokyu Construction Co ranks #600 out of 1706 companies for Return-on-Tangible-Equity. This puts Tokyu Construction Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.25. Tokyu Construction Co's value of 20.31% is 146.3% above this benchmark. While the company's 10-year median is 10.15 vs. the industry median of 8.25, Tokyu Construction 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.25, based on 1,706 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. Tokyu Construction Co's current Return-on-Tangible-Equity of 20.31% is 146.3% 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 Tokyu Construction Co and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyu Construction Co's current Return-on-Tangible-Equity is 20.31%, which is 100% above median its own 10-year median of 10.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyu Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyu Construction Co (FRA:TCW) is currently considered Modestly Overvalued. The stock's GF Value™ is €5.10, compared to a current price of €6.35 — trading 24.5% above its estimated fair value. The current Return-on-Tangible-Equity is 20.31%, which is 100% above median its 10-year median of 10.15 and 146.3% above the Construction industry median of 8.25. Tokyu Construction Co's overall GF Score™ is 23/100 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 Tokyu Construction Co (FRA:TCW), the current Return-on-Tangible-Equity is 20.31% 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 Tokyu Construction Co (FRA:TCW) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyu Construction Co stock appears to be overvalued.
The current stock price of €6.35 is trading 24.5% above its estimated GF Value™ of €5.10.
GuruFocus considers Tokyu Construction Co to be Modestly Overvalued.
Key valuation signals for FRA:TCW:
Return-on-Tangible-Equity: 20.31% (100% above median its 10-year median of 10.15)
GF Value™: €5.10 vs. price of €6.35 (24.5% above fair value)
Industry Position: 146.3% above the Construction median (#600 of 1706)
No single metric tells the full story. See the FRA:TCW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyu Construction Co Ltd is a Japan-based company that provides various construction-related services. The company's services include civil engineering and building construction, investigation, construction planning, geological surveying, consultancy services, measurement, designing, building maintenance and supervision, real estate leasing, and worker dispatching. Its construction activities encompass educational facilities, offices, hotels, commercial facilities, environmental improvement facilities, care facilities, hospitals, logistics facilities, factories, roads, sports facilities, airports, and so on.
23GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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