Toho CoHAM:TOH 69 Return-on-Tangible-Equity is 4.21% as of Feb. 2026, which is 58% below its 10-year median of 9.93. GuruFocus rates HAM:TOH with a GF Score™ of 69/100 and a GF Value™ of €8.65. Among 862 Media - Diversified companies, Toho Co ranks better than 64.5% 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. Toho Co's annualized net income for the quarter that ended in Feb. 2026 was €113 Mil. Toho Co's average shareholder tangible equity for the quarter that ended in Feb. 2026 was €2,688 Mil. Therefore, Toho Co's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was 4.21%.
The historical rank and industry rank for Toho Co's Return-on-Tangible-Equity or its related term are showing as below:
HAM:TOH'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.98 Med: 9.93 Max: 11.5
Current: 11.01
During the past 13 years, Toho Co's highest Return-on-Tangible-Equity was 11.50%. The lowest was 3.98%. And the median was 9.93%.
HAM:TOH's Return-on-Tangible-Equity is ranked better than 64.5% of 862
companies
in the Media - Diversified industry
Industry Median: 5.395
vs HAM:TOH: 11.01
Toho Co (HAM:TOH) 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.
Toho Co Return-on-Tangible-Equity Related Terms
Toho Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Toho 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.
HAM:TOH vs NFLX, DIS, WBD: Return-on-Tangible-Equity Comparison
For the Entertainment subindustry, Toho 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.
Toho Co Return-on-Tangible-Equity vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Toho Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Toho 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 (Feb. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 4.21% mean?
Toho Co (HAM:TOH) has a Return-on-Tangible-Equity of 4.21% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Toho Co and its competitors. This is 58% below median its historical median of 9.93. Over the past decade, Toho Co's Return-on-Tangible-Equity has ranged from 3.98 to 11.50. According to the industry distribution chart, Toho Co ranks #306 out of 862 companies in the Media - Diversified industry, placing it in the top 35.5%.
Is Toho Co's Return-on-Tangible-Equity too high?
Toho Co's current Return-on-Tangible-Equity of 4.21% is 58% below median its 10-year median of 9.93. Over the past 10 years, this metric has ranged from a low of 3.98 to a high of 11.50. The Media - Diversified industry median Return-on-Tangible-Equity is 5.40. Toho Co's value of 4.21% is 22% below this industry median. Based on the distribution chart, Toho Co ranks #306 out of 862 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Toho Co has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Toho Co's Return-on-Tangible-Equity compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Toho Co ranks #306 out of 862 companies for Return-on-Tangible-Equity. This puts Toho Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.40. Toho Co's value of 4.21% is 22% below this benchmark. Historically, Toho Co's own Return-on-Tangible-Equity has ranged from 3.98 to 11.50 over the past decade. While the company's 10-year median is 9.93 vs. the industry median of 5.40, Toho Co has consistently been below 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 5.40, based on 862 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. Toho Co's current Return-on-Tangible-Equity of 4.21% is 22% below 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 Toho Co and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toho Co's current Return-on-Tangible-Equity is 4.21%, which is 58% below median its own 10-year median of 9.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toho Co stock overvalued right now?
Toho Co (HAM:TOH) has a current Return-on-Tangible-Equity of 4.21%. The stock's GF Value™ is €8.65, compared to a current price of €7.05 — trading 18.5% below its estimated fair value. The current Return-on-Tangible-Equity is 4.21%, which is 58% below median its 10-year median of 9.93 and 22% below the Media - Diversified industry median of 5.40. Toho Co's overall GF Score™ is 69/100. 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 Toho Co (HAM:TOH), the current Return-on-Tangible-Equity is 4.21% as of Feb. 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 Toho Co (HAM:TOH) Overvalued in 2026?
Based on GuruFocus' analysis, Toho Co stock appears to be undervalued.
The current stock price of €7.05 is trading 18.5% below its estimated GF Value™ of €8.65.
Key valuation signals for HAM:TOH:
Return-on-Tangible-Equity: 4.21% (58% below median its 10-year median of 9.93)
GF Value™: €8.65 vs. price of €7.05 (18.5% below fair value)
Industry Position: 22% below the Media - Diversified median (#306 of 862)
No single metric tells the full story. See the HAM:TOH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toho Co Ltd is a diversified media company with interests in the film and theater businesses. The company operates through three primary business segments: movie, theater, and real estate. The movie segment generates the vast majority of its revenue and is involved in the production and distribution of feature films. The theater segment is involved in planning, producing, and performing stage productions. The corporate real estate segment leases land and buildings. The company generates the vast majority of its revenue in Japan.
69GF Score
Get the complete analysis for HAM:TOH
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HAM:TOH has been successfully added to your 
