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ToseiTOETF 86 Return-on-Tangible-Equity is 13.27% as of May. 2026, which is 6% below its 10-year median of 14.06. GuruFocus rates TOETF with a GF Score™ of 86/100 and a GF Value™ of $10.85 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,717 Real Estate companies, Tosei ranks better than 84.22% 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. Tosei's annualized net income for the quarter that ended in May. 2026 was $91.7 Mil. Tosei's average shareholder tangible equity for the quarter that ended in May. 2026 was $691.1 Mil. Therefore, Tosei's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2026 was 13.27%.
The historical rank and industry rank for Tosei's Return-on-Tangible-Equity or its related term are showing as below:
TOETF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.16 Med: 14.06 Max: 15.83
Current: 15.83
During the past 13 years, Tosei's highest Return-on-Tangible-Equity was 15.83%. The lowest was 6.16%. And the median was 14.06%.
TOETF's Return-on-Tangible-Equity is ranked better than 84.22% of 1717
companies
in the Real Estate industry
Industry Median: 4.27
vs TOETF: 15.83
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.
Tosei Return-on-Tangible-Equity Related Terms
Tosei Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Tosei'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.
For the Real Estate - Diversified subindustry, Tosei'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.
Tosei Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Tosei's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tosei'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 (May. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 13.27% mean?
Tosei (TOETF) has a Return-on-Tangible-Equity of 13.27% as of May. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Tosei and its competitors. This is near median its historical median of 14.06. Over the past decade, Tosei's Return-on-Tangible-Equity has ranged from 6.16 to 15.83. According to the industry distribution chart, Tosei ranks #271 out of 1717 companies in the Real Estate industry, placing it in the top 15.8%.
Is Tosei's Return-on-Tangible-Equity too high?
Tosei's current Return-on-Tangible-Equity of 13.27% is near median its 10-year median of 14.06. Over the past 10 years, this metric has ranged from a low of 6.16 to a high of 15.83. The Real Estate industry median Return-on-Tangible-Equity is 4.27. Tosei's value of 13.27% is 210.8% above this industry median. Based on the distribution chart, Tosei ranks #271 out of 1717 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Tosei has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tosei's Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, Tosei ranks #271 out of 1717 companies for Return-on-Tangible-Equity. This places Tosei in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.27. Tosei's value of 13.27% is 210.8% above this benchmark. Historically, Tosei's own Return-on-Tangible-Equity has ranged from 6.16 to 15.83 over the past decade. While the company's 10-year median is 14.06 vs. the industry median of 4.27, Tosei 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 1,717 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. Tosei's current Return-on-Tangible-Equity of 13.27% is 210.8% 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 Tosei 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. Tosei's current Return-on-Tangible-Equity is 13.27%, which is near median its own 10-year median of 14.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tosei stock overvalued right now?
Based on GuruFocus' analysis, Tosei (TOETF) is currently considered Modestly Undervalued. The stock's GF Value™ is $10.85, compared to a current price of $9.15 — trading 15.7% below its estimated fair value. The current Return-on-Tangible-Equity is 13.27%, which is near median its 10-year median of 14.06 and 210.8% above the Real Estate industry median of 4.27. Tosei's overall GF Score™ is 86/100 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 Tosei (TOETF), the current Return-on-Tangible-Equity is 13.27% as of May. 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 Tosei (TOETF) Overvalued in 2026?
Based on GuruFocus' analysis, Tosei stock appears to be undervalued.
The current stock price of $9.15 is trading 15.7% below its estimated GF Value™ of $10.85.
GuruFocus considers Tosei to be Modestly Undervalued.
Key valuation signals for TOETF:
Return-on-Tangible-Equity: 13.27% (near median its 10-year median of 14.06)
GF Value™: $10.85 vs. price of $9.15 (15.7% below fair value)
Industry Position: 210.8% above the Real Estate median (#271 of 1717)
No single metric tells the full story. See the TOETF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tosei Corp is a diversified real estate company based in Japan. It is engaged in selling condominiums, detached houses, rental condominiums, and office buildings to individual customers and investors; providing asset management services for real estate funds, leasing properties; operating a real estate revitalization business; and operating hotels, among other activities. Along with its subsidiaries, the company operates in the following reportable segments: Real Estate Revitalization, Real Estate Development, Real Estate Leasing, Real Estate Fund and Consulting, Real Estate Management, and Hotel. Maximum revenue is generated from its Real Estate Revitalization Business, which revitalizes and sells properties with deteriorated asset value.
86GF Score
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