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Business One HoldingsFSE:4827 -1.00%77 Return-on-Tangible-Equity is 10.77% as of Mar. 2026, which is 35% below its 10-year median of 16.52. GuruFocus rates FSE:4827 with a GF Score™ of 77/100 and a GF Value™ of 円916.54 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,714 Real Estate companies, Business One Holdings ranks better than 81.91% 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. Business One Holdings's annualized net income for the quarter that ended in Mar. 2026 was 円694 Mil. Business One Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円6,441 Mil. Therefore, Business One Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.77%.
The historical rank and industry rank for Business One Holdings's Return-on-Tangible-Equity or its related term are showing as below:
FSE:4827'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.4 Med: 16.52 Max: 24.41
Current: 14.4
During the past 13 years, Business One Holdings's highest Return-on-Tangible-Equity was 24.41%. The lowest was 14.40%. And the median was 16.52%.
FSE:4827's Return-on-Tangible-Equity is ranked better than 81.91% of 1714
companies
in the Real Estate industry
Industry Median: 4.27
vs FSE:4827: 14.40
Business One Holdings (FSE:4827) 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.
Business One Holdings Return-on-Tangible-Equity Related Terms
Business One Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Business One Holdings'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.
Business One Holdings Return-on-Tangible-Equity Chart
FSE:4827 vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, Business One Holdings'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.
Business One Holdings Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Business One Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Business One Holdings'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 two times the semi-annual (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 10.77% mean?
Business One Holdings (FSE:4827) has a Return-on-Tangible-Equity of 10.77% 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 Business One Holdings and its competitors. This is 35% below median its historical median of 16.52. Over the past decade, Business One Holdings' Return-on-Tangible-Equity has ranged from 14.40 to 24.41. According to the industry distribution chart, Business One Holdings ranks #310 out of 1714 companies in the Real Estate industry, placing it in the top 18.1%.
Is Business One Holdings' Return-on-Tangible-Equity too high?
Business One Holdings' current Return-on-Tangible-Equity of 10.77% is 35% below median its 10-year median of 16.52. Over the past 10 years, this metric has ranged from a low of 14.40 to a high of 24.41. The Real Estate industry median Return-on-Tangible-Equity is 4.27. Business One Holdings' value of 10.77% is 152.2% above this industry median. Based on the distribution chart, Business One Holdings ranks #310 out of 1714 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Business One Holdings has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Business One Holdings' Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Business One Holdings ranks #310 out of 1714 companies for Return-on-Tangible-Equity. This places Business One Holdings in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.27. Business One Holdings' value of 10.77% is 152.2% above this benchmark. Historically, Business One Holdings' own Return-on-Tangible-Equity has ranged from 14.40 to 24.41 over the past decade. While the company's 10-year median is 16.52 vs. the industry median of 4.27, Business One Holdings 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.27, based on 1,714 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. Business One Holdings's current Return-on-Tangible-Equity of 10.77% is 152.2% 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 Business One Holdings and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Business One Holdings's current Return-on-Tangible-Equity is 10.77%, which is 35% below median its own 10-year median of 16.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Business One Holdings stock overvalued right now?
Based on GuruFocus' analysis, Business One Holdings (FSE:4827) is currently considered Modestly Undervalued. The stock's GF Value™ is 円916.54, compared to a current price of 円794.00 — trading 13.4% below its estimated fair value. The current Return-on-Tangible-Equity is 10.77%, which is 35% below median its 10-year median of 16.52 and 152.2% above the Real Estate industry median of 4.27. Business One Holdings' overall GF Score™ is 77/100 with 4 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 Business One Holdings (FSE:4827), the current Return-on-Tangible-Equity is 10.77% 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 Business One Holdings (FSE:4827) Overvalued in 2026?
Based on GuruFocus' analysis, Business One Holdings stock appears to be undervalued.
The current stock price of 円794.00 is trading 13.4% below its estimated GF Value™ of 円916.54.
GuruFocus considers Business One Holdings to be Modestly Undervalued.
Key valuation signals for FSE:4827:
Return-on-Tangible-Equity: 10.77% (35% below median its 10-year median of 16.52)
GF Value™: 円916.54 vs. price of 円794.00 (13.4% below fair value)
Industry Position: 152.2% above the Real Estate median (#310 of 1714)
No single metric tells the full story. See the FSE:4827 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Business One Holdings Inc provides real estate management services for condominiums. The company purchases and sells real estate properties; and develops and sells software products. It also has leasing management business, finance business, software business, health business. It develops and sells evaluation software for plumbing and electrical contractors.
77GF Score
Get the complete analysis for FSE:4827
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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