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Trial HoldingsTSE:141A -1.65%9 Return-on-Tangible-Equity is Negative Tangible Equity% as of Dec. 2025. GuruFocus rates TSE:141A with a GF Score™ of 9/100. The stock has 5 warning signs investors should review. Among 302 Retail - Defensive companies, Trial Holdings ranks better than 99.67% 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. Trial Holdings's annualized net income for the quarter that ended in Dec. 2025 was 円20,144 Mil. Trial Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2025 was 円-186,735 Mil. Therefore, Trial Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was Negative Tangible Equity%.
The historical rank and industry rank for Trial Holdings's Return-on-Tangible-Equity or its related term are showing as below:
TSE:141A'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.7 Med: 12.93 Max: 13.6
Current: Negative Tangible Equity
During the past 5 years, Trial Holdings's highest Return-on-Tangible-Equity was 13.60%. The lowest was 3.70%. And the median was 12.93%.
TSE:141A's Return-on-Tangible-Equity is ranked better than 99.67% of 302
companies
in the Retail - Defensive industry
Industry Median: 10.91
vs TSE:141A: Negative Tangible Equity
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.
Trial Holdings Return-on-Tangible-Equity Related Terms
Trial Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Trial Holdings'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.
TSE:141A vs WMT, COST, TGT: Return-on-Tangible-Equity Comparison
For the Discount Stores subindustry, Trial Holdings'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.
Trial Holdings Return-on-Tangible-Equity vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Trial Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Trial Holdings'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 (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
Trial Holdings (TSE:141A) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Trial Holdings and its competitors. Over the past decade, Trial Holdings' Return-on-Tangible-Equity has ranged from 3.70 to 13.60. According to the industry distribution chart, Trial Holdings ranks #1 out of 302 companies in the Retail - Defensive industry, placing it in the top 0.3%.
Is Trial Holdings' Return-on-Tangible-Equity too high?
Trial Holdings' current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 3.70 to a high of 13.60. Based on the distribution chart, Trial Holdings ranks #1 out of 302 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Trial Holdings has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Trial Holdings' Return-on-Tangible-Equity compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Trial Holdings ranks #1 out of 302 companies for Return-on-Tangible-Equity. This places Trial Holdings in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.91. Historically, Trial Holdings' own Return-on-Tangible-Equity has ranged from 3.70 to 13.60 over the past decade. 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 Retail - Defensive company?
The median Return-on-Tangible-Equity among Retail - Defensive companies is 10.91, based on 302 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 Trial Holdings and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Equity is 10.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trial Holdings's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trial Holdings stock overvalued right now?
Trial Holdings (TSE:141A) has a current Return-on-Tangible-Equity of Negative Tangible Equity%. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Trial Holdings' overall GF Score™ is 9/100 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 Trial Holdings (TSE:141A), the current Return-on-Tangible-Equity is Negative Tangible Equity% as of Dec. 2025. 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.
Trial Holdings Inc is a holding company. Along with its subsidiaries, it operates in the following reportable segments: Retail Distribution Business and Retail AI Business. The majority of its revenue is generated from the Retail Distribution Business, which operates discount stores across Japan, ranging from small to large, along with medium-sized supercenters. The product lineup of the stores focuses on food (especially fresh foods), and non-food items include daily necessities and hard goods. The Retail AI Business segment is mainly involved in research and development aimed at transforming stores into smart stores, as well as the sale of products and the outsourcing of services related to smart stores. In addition, the group is involved in real estate and resort-related businesses.
9GF Score
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