T.O. Holdings Co (SSE:9812) Return-on-Tangible-Equity: -273.69% (As of Feb. 2026)

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SSE:9812 T.O. Holdings Co Ltd SSE:9812
46 GF Score
Price 円228.00
GF Value 円292.04
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is T.O. Holdings Co Return-on-Tangible-Equity?

T.O. Holdings Co SSE:9812 46 Return-on-Tangible-Equity is -273.69% as of Feb. 2026. GuruFocus rates SSE:9812 with a GF Score™ of 46/100 and a GF Value™ of 円292.04 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 397 Building Materials companies, T.O. Holdings Co ranks worse than 89.92% 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. T.O. Holdings Co's annualized net income for the quarter that ended in Feb. 2026 was 円-689.96 Mil. T.O. Holdings Co's average shareholder tangible equity for the quarter that ended in Feb. 2026 was 円252.10 Mil. Therefore, T.O. Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was -273.69%.

The historical rank and industry rank for T.O. Holdings Co's Return-on-Tangible-Equity or its related term are showing as below:

SSE:9812' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -295.63   Med: -15.13   Max: 39.4
Current: -17.41

During the past 13 years, T.O. Holdings Co's highest Return-on-Tangible-Equity was 39.40%. The lowest was -295.63%. And the median was -15.13%.

SSE:9812's Return-on-Tangible-Equity is ranked worse than
89.92% of 397 companies
in the Building Materials industry
Industry Median: 5.06 vs SSE:9812: -17.41

T.O. Holdings Co  (SSE:9812) 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.


T.O. Holdings Co Return-on-Tangible-Equity Related Terms


T.O. Holdings Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for T.O. Holdings 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.

T.O. Holdings Co Return-on-Tangible-Equity Chart

T.O. Holdings Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.65 -109.19 39.40 -2.06 -15.13

T.O. Holdings Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 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 -34.24 0.00 -273.69 243.70

SSE:9812 vs : Return-on-Tangible-Equity Comparison

For the Building Materials subindustry, T.O. Holdings 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.


T.O. Holdings Co Return-on-Tangible-Equity vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, T.O. Holdings Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where T.O. Holdings Co's Return-on-Tangible-Equity falls into.


SSE:9812
46GF Score
T.O. Holdings Co Ltd SSE:9812
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

T.O. Holdings Co Return-on-Tangible-Equity Calculation

T.O. Holdings Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in May. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: May. 2026 )  (A: May. 2025 )(A: May. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: May. 2026 )  (A: May. 2025 )(A: May. 2026 )
=-52.803/( (375.305+322.771 )/ 2 )
=-52.803/349.038
=-15.13 %

T.O. Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=-689.96/( (336.366+167.829)/ 2 )
=-689.96/252.0975
=-273.69 %

* 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 -273.69% mean?
T.O. Holdings Co (SSE:9812) has a Return-on-Tangible-Equity of -273.69% 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 T.O. Holdings Co and its competitors. According to the industry distribution chart, T.O. Holdings Co ranks #357 out of 397 companies in the Building Materials industry, placing it in the top 89.9%.
Is T.O. Holdings Co's Return-on-Tangible-Equity too high?
T.O. Holdings Co's current Return-on-Tangible-Equity is -273.69%. Based on the distribution chart, T.O. Holdings Co ranks #357 out of 397 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, T.O. Holdings Co has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does T.O. Holdings Co's Return-on-Tangible-Equity compare to ?
According to the Building Materials industry distribution chart, T.O. Holdings Co ranks #357 out of 397 companies for Return-on-Tangible-Equity. This places T.O. Holdings Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.06. 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 Building Materials company?
The median Return-on-Tangible-Equity among Building Materials companies is 5.06, based on 397 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 T.O. Holdings Co and its competitors. For the Building Materials industry, the median Return-on-Tangible-Equity is 5.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T.O. Holdings Co's current Return-on-Tangible-Equity is -273.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T.O. Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, T.O. Holdings Co (SSE:9812) is currently considered Modestly Undervalued. The stock's GF Value™ is 円292.04, compared to a current price of 円228.00 — trading 21.9% below its estimated fair value. The current Return-on-Tangible-Equity is -273.69%. T.O. Holdings Co's overall GF Score™ is 46/100 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 T.O. Holdings Co (SSE:9812), the current Return-on-Tangible-Equity is -273.69% 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 T.O. Holdings Co (SSE:9812) Overvalued in 2026?

Based on GuruFocus' analysis, T.O. Holdings Co stock appears to be undervalued. The current stock price of 円228.00 is trading 21.9% below its estimated GF Value™ of 円292.04. GuruFocus considers T.O. Holdings Co to be Modestly Undervalued.

Key valuation signals for SSE:9812:

  • Return-on-Tangible-Equity: -273.69%
  • GF Value™: 円292.04 vs. price of 円228.00 (21.9% below fair value)
  • GF Score™: 46/100 with 4 warning signs

No single metric tells the full story. See the SSE:9812 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


T.O. Holdings Co Business Description

Comparable Companies
Other Exchanges 9812:Japan
Address 3 - chome 18-15, Hokkaido Minato-cho, Hakodate, JPN, 041-8610
T.O. Holdings Co Ltd is engaged in the sale of timbers, clothing, wood materials, furniture and electrical appliances. Its segments include Lumber, Distribution, Housing, Construction, Real Estate Leasing, Automobile and Services.
46GF Score

Get the complete analysis for SSE:9812

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

円228.00
Price
円292.04
GF Value