TKSNF (Takasago Thermal Engineering Co) Return-on-Tangible-Equity: 12.75% (As of Mar. 2026) — 20% Above Median


TKSNF Takasago Thermal Engineering Co Ltd TKSNF
77 GF Score
Price $31.75
GF Value $25.18
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Takasago Thermal Engineering Co Return-on-Tangible-Equity?

Takasago Thermal Engineering Co TKSNF 77 Return-on-Tangible-Equity is 12.75% as of Mar. 2026, which is 20% above its 10-year median of 10.61. GuruFocus rates TKSNF with a GF Score™ of 77/100 and a GF Value™ of $25.18 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,706 Construction companies, Takasago Thermal Engineering Co ranks better than 76.85% 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. Takasago Thermal Engineering Co's annualized net income for the quarter that ended in Mar. 2026 was $157 Mil. Takasago Thermal Engineering Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $1,229 Mil. Therefore, Takasago Thermal Engineering Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 12.75%.

The historical rank and industry rank for Takasago Thermal Engineering Co's Return-on-Tangible-Equity or its related term are showing as below:

TKSNF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.22   Med: 10.61   Max: 20.66
Current: 20.66

During the past 13 years, Takasago Thermal Engineering Co's highest Return-on-Tangible-Equity was 20.66%. The lowest was 8.22%. And the median was 10.61%.

TKSNF's Return-on-Tangible-Equity is ranked better than
76.85% of 1706 companies
in the Construction industry
Industry Median: 8.235 vs TKSNF: 20.66

Takasago Thermal Engineering Co  (OTCPK:TKSNF) 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.


Takasago Thermal Engineering Co Return-on-Tangible-Equity Related Terms


Takasago Thermal Engineering Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Takasago Thermal Engineering 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.

Takasago Thermal Engineering Co Return-on-Tangible-Equity Chart

Takasago Thermal Engineering Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.82 8.89 12.83 16.98 19.69

Takasago Thermal Engineering Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 26.95 21.45 25.48 23.33 12.75

TKSNF vs TT, JCI, CARR: Return-on-Tangible-Equity Comparison

For the Building Products & Equipment subindustry, Takasago Thermal Engineering 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.


Takasago Thermal Engineering Co Return-on-Tangible-Equity vs Construction Industry

For the Construction industry and Industrials sector, Takasago Thermal Engineering Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Takasago Thermal Engineering Co's Return-on-Tangible-Equity falls into.


TKSNF
77GF Score
Takasago Thermal Engineering Co Ltd TKSNF
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Takasago Thermal Engineering Co Return-on-Tangible-Equity Calculation

Takasago Thermal Engineering Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=236.132/( (1147.463+1250.483 )/ 2 )
=236.132/1198.973
=19.69 %

Takasago Thermal Engineering Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=156.664/( (1207.896+1250.483)/ 2 )
=156.664/1229.1895
=12.75 %

* 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 12.75% mean?
Takasago Thermal Engineering Co (TKSNF) has a Return-on-Tangible-Equity of 12.75% 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 Takasago Thermal Engineering Co and its competitors. This is 20% above median its historical median of 10.61. Over the past decade, Takasago Thermal Engineering Co's Return-on-Tangible-Equity has ranged from 8.22 to 20.66. According to the industry distribution chart, Takasago Thermal Engineering Co ranks #395 out of 1706 companies in the Construction industry, placing it in the top 23.2%.
Is Takasago Thermal Engineering Co's Return-on-Tangible-Equity too high?
Takasago Thermal Engineering Co's current Return-on-Tangible-Equity of 12.75% is 20% above median its 10-year median of 10.61. Over the past 10 years, this metric has ranged from a low of 8.22 to a high of 20.66. The Construction industry median Return-on-Tangible-Equity is 8.24. Takasago Thermal Engineering Co's value of 12.75% is 54.8% above this industry median. Based on the distribution chart, Takasago Thermal Engineering Co ranks #395 out of 1706 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Takasago Thermal Engineering Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Takasago Thermal Engineering Co's Return-on-Tangible-Equity compare to TT and JCI?
According to the Construction industry distribution chart, Takasago Thermal Engineering Co ranks #395 out of 1706 companies for Return-on-Tangible-Equity. This places Takasago Thermal Engineering Co in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.24. Takasago Thermal Engineering Co's value of 12.75% is 54.8% above this benchmark. Historically, Takasago Thermal Engineering Co's own Return-on-Tangible-Equity has ranged from 8.22 to 20.66 over the past decade. While the company's 10-year median is 10.61 vs. the industry median of 8.24, Takasago Thermal Engineering 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 8.24, 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. Takasago Thermal Engineering Co's current Return-on-Tangible-Equity of 12.75% is 54.8% 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 Takasago Thermal Engineering Co and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Takasago Thermal Engineering Co's current Return-on-Tangible-Equity is 12.75%, which is 20% above median its own 10-year median of 10.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Takasago Thermal Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Takasago Thermal Engineering Co (TKSNF) is currently considered Modestly Overvalued. The stock's GF Value™ is $25.18, compared to a current price of $31.75 — trading 26.1% above its estimated fair value. The current Return-on-Tangible-Equity is 12.75%, which is 20% above median its 10-year median of 10.61 and 54.8% above the Construction industry median of 8.24. Takasago Thermal Engineering Co's overall GF Score™ is 77/100 with 5 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 Takasago Thermal Engineering Co (TKSNF), the current Return-on-Tangible-Equity is 12.75% 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 Takasago Thermal Engineering Co (TKSNF) Overvalued in 2026?

Based on GuruFocus' analysis, Takasago Thermal Engineering Co stock appears to be overvalued. The current stock price of $31.75 is trading 26.1% above its estimated GF Value™ of $25.18. GuruFocus considers Takasago Thermal Engineering Co to be Modestly Overvalued.

Key valuation signals for TKSNF:

  • Return-on-Tangible-Equity: 12.75% (20% above median its 10-year median of 10.61)
  • GF Value™: $25.18 vs. price of $31.75 (26.1% above fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 54.8% above the Construction median (#395 of 1706)

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


Takasago Thermal Engineering Co Business Description

Other Exchanges 1969:JapanQ74:Germany
Address 6-27-30, Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0022
Takasago Thermal Engineering Co Ltd is a Japan-based company that designs, constructs, manufactures, and installs heating, ventilation, and air conditioning, or HVAC, systems, clean room and related systems, plumbing and sanitation systems, cogeneration systems, electrical systems, instrumentation systems, equipment diagnosis/failure diagnosis systems, dehumidifying/drying systems, vacuum conveying systems for waste, discharged-heat recovery systems, heating/cooling systems, refrigerating/freezing systems, other types of environmental control systems and thermal engineering systems, and so on. In addition, the company is engaged in coordinating construction work, security, and cleaning, with further focus on energy supply, power generation, and water treatment.
77GF 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.

$31.75
Price
$25.18
GF Value