Taiheiyo CementTHYCY 84 Return-on-Tangible-Equity is 4.91% as of Mar. 2026, which is 51% below its 10-year median of 10.09. GuruFocus rates THYCY with a GF Score™ of 84/100 and a GF Value™ of $6.46 (Fairly Valued). The stock has 4 warning signs investors should review. Among 397 Building Materials companies, Taiheiyo Cement ranks worse than 53.9% 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. Taiheiyo Cement's annualized net income for the quarter that ended in Mar. 2026 was $192 Mil. Taiheiyo Cement's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $3,916 Mil. Therefore, Taiheiyo Cement's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.91%.
The historical rank and industry rank for Taiheiyo Cement's Return-on-Tangible-Equity or its related term are showing as below:
THYCY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.08 Med: 10.09 Max: 15.9
Current: 4.23
During the past 13 years, Taiheiyo Cement's highest Return-on-Tangible-Equity was 15.90%. The lowest was -7.08%. And the median was 10.09%.
THYCY's Return-on-Tangible-Equity is ranked worse than 53.9% of 397
companies
in the Building Materials industry
Industry Median: 5.08
vs THYCY: 4.23
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.
Taiheiyo Cement Return-on-Tangible-Equity Related Terms
Taiheiyo Cement Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Taiheiyo Cement'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.
THYCY vs CRH, VMC, MLM: Return-on-Tangible-Equity Comparison
For the Building Materials subindustry, Taiheiyo Cement'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.
Taiheiyo Cement Return-on-Tangible-Equity vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Taiheiyo Cement's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Taiheiyo Cement'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 4.91% mean?
Taiheiyo Cement (THYCY) has a Return-on-Tangible-Equity of 4.91% 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 Taiheiyo Cement and its competitors. This is 51% below median its historical median of 10.09. According to the industry distribution chart, Taiheiyo Cement ranks #214 out of 397 companies in the Building Materials industry, placing it in the top 53.9%.
Is Taiheiyo Cement's Return-on-Tangible-Equity too high?
Taiheiyo Cement's current Return-on-Tangible-Equity of 4.91% is 51% below median its 10-year median of 10.09. The Building Materials industry median Return-on-Tangible-Equity is 5.08. Taiheiyo Cement's value of 4.91% is 3.3% below this industry median. Based on the distribution chart, Taiheiyo Cement ranks #214 out of 397 companies in the Building Materials industry, which is below the industry midpoint. Overall, Taiheiyo Cement has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiheiyo Cement's Return-on-Tangible-Equity compare to CRH and VMC?
According to the Building Materials industry distribution chart, Taiheiyo Cement ranks #214 out of 397 companies for Return-on-Tangible-Equity. This places Taiheiyo Cement in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.08. Taiheiyo Cement's value of 4.91% is 3.3% below this benchmark. While the company's 10-year median is 10.09 vs. the industry median of 5.08, Taiheiyo Cement 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 Building Materials company?
The median Return-on-Tangible-Equity among Building Materials companies is 5.08, 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. Taiheiyo Cement's current Return-on-Tangible-Equity of 4.91% is 3.3% 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 Taiheiyo Cement and its competitors. For the Building Materials industry, the median Return-on-Tangible-Equity is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiheiyo Cement's current Return-on-Tangible-Equity is 4.91%, which is 51% below median its own 10-year median of 10.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiheiyo Cement stock overvalued right now?
Based on GuruFocus' analysis, Taiheiyo Cement (THYCY) is currently considered Fairly Valued. The stock's GF Value™ is $6.46, compared to a current price of $6.82 — trading 5.6% above its estimated fair value. The current Return-on-Tangible-Equity is 4.91%, which is 51% below median its 10-year median of 10.09 and 3.3% below the Building Materials industry median of 5.08. Taiheiyo Cement's overall GF Score™ is 84/100 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 Taiheiyo Cement (THYCY), the current Return-on-Tangible-Equity is 4.91% 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 Taiheiyo Cement (THYCY) Overvalued in 2026?
Based on GuruFocus' analysis, Taiheiyo Cement stock appears to be overvalued.
The current stock price of $6.82 is trading 5.6% above its estimated GF Value™ of $6.46.
GuruFocus considers Taiheiyo Cement to be Fairly Valued.
Key valuation signals for THYCY:
Return-on-Tangible-Equity: 4.91% (51% below median its 10-year median of 10.09)
GF Value™: $6.46 vs. price of $6.82 (5.6% above fair value)
Industry Position: 3.3% below the Building Materials median (#214 of 397)
No single metric tells the full story. See the THYCY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiheiyo Cement Corp is a Japan-based company mainly engaged in the manufacture and sale of cement products. The company operates through four main segments. The Building Materials and Civil Engineering segment handles secondary concrete products and ALC (lightweight aerated concrete). The Cement segment covers various cement types and ready-mixed concrete. The Environmental Business focuses on waste recycling and desulfurization materials. The Resources segment deals with aggregates and limestone products. The Others segment includes real estate, engineering, information processing, finance, transportation, warehousing, chemical products, sports, and power supply. It generates the majority of its revenue from the Cement segment.
84GF Score
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