Giken Holdings Co (TSE:1443) Return-on-Tangible-Equity: 4.52% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:1443 Giken Holdings Co Ltd TSE:1443
68 GF Score
Price 円260.00
GF Value 円185.06
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Giken Holdings Co Return-on-Tangible-Equity?

Giken Holdings Co TSE:1443 +1.96% 68 Return-on-Tangible-Equity is 4.52% as of Mar. 2026, which is 9% below its 10-year median of 4.94. GuruFocus rates TSE:1443 with a GF Score™ of 68/100 and a GF Value™ of 円185.06 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,712 Construction companies, Giken Holdings Co ranks worse than 60.69% 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. Giken Holdings Co's annualized net income for the quarter that ended in Mar. 2026 was 円561 Mil. Giken Holdings Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円12,410 Mil. Therefore, Giken Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.52%.

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

TSE:1443' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.44   Med: 4.94   Max: 8.67
Current: 5.15

During the past 9 years, Giken Holdings Co's highest Return-on-Tangible-Equity was 8.67%. The lowest was 3.44%. And the median was 4.94%.

TSE:1443's Return-on-Tangible-Equity is ranked worse than
60.69% of 1712 companies
in the Construction industry
Industry Median: 8.21 vs TSE:1443: 5.15

Giken Holdings Co  (TSE:1443) 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.


Giken Holdings Co Return-on-Tangible-Equity Related Terms


Giken Holdings Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Giken 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.

Giken Holdings Co Return-on-Tangible-Equity Chart

Giken Holdings Co Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 4.94 3.44 4.35 4.49 5.15

Giken Holdings Co Semi-Annual Data
Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 4.85 4.08 4.90 5.84 4.52

TSE:1443 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison

For the Engineering & Construction subindustry, Giken 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.


Giken Holdings Co Return-on-Tangible-Equity vs Construction Industry

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

* The bar in red indicates where Giken Holdings Co's Return-on-Tangible-Equity falls into.


TSE:1443
68GF Score
Giken Holdings Co Ltd TSE:1443
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Giken Holdings Co Return-on-Tangible-Equity Calculation

Giken Holdings 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 )
=613.538/( (10914.599+12921.824 )/ 2 )
=613.538/11918.2115
=5.15 %

Giken Holdings 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: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=561/( (11897.268+12921.824)/ 2 )
=561/12409.546
=4.52 %

* 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 two times the semi-annual (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 4.52% mean?
Giken Holdings Co (TSE:1443) has a Return-on-Tangible-Equity of 4.52% 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 Giken Holdings Co and its competitors. This is near median its historical median of 4.94. Over the past decade, Giken Holdings Co's Return-on-Tangible-Equity has ranged from 3.44 to 8.67. According to the industry distribution chart, Giken Holdings Co ranks #1039 out of 1712 companies in the Construction industry, placing it in the top 60.7%.
Is Giken Holdings Co's Return-on-Tangible-Equity too high?
Giken Holdings Co's current Return-on-Tangible-Equity of 4.52% is near median its 10-year median of 4.94. Over the past 10 years, this metric has ranged from a low of 3.44 to a high of 8.67. The Construction industry median Return-on-Tangible-Equity is 8.21. Giken Holdings Co's value of 4.52% is 44.9% below this industry median. Based on the distribution chart, Giken Holdings Co ranks #1039 out of 1712 companies in the Construction industry, which is below the industry midpoint. Overall, Giken Holdings Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Giken Holdings Co's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Giken Holdings Co ranks #1039 out of 1712 companies for Return-on-Tangible-Equity. This places Giken Holdings Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.21. Giken Holdings Co's value of 4.52% is 44.9% below this benchmark. Historically, Giken Holdings Co's own Return-on-Tangible-Equity has ranged from 3.44 to 8.67 over the past decade. While the company's 10-year median is 4.94 vs. the industry median of 8.21, Giken Holdings Co 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.21, based on 1,712 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. Giken Holdings Co's current Return-on-Tangible-Equity of 4.52% is 44.9% 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 Giken Holdings Co and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Giken Holdings Co's current Return-on-Tangible-Equity is 4.52%, which is near median its own 10-year median of 4.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Giken Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Giken Holdings Co (TSE:1443) is currently considered Significantly Overvalued. The stock's GF Value™ is 円185.06, compared to a current price of 円260.00 — trading 40.5% above its estimated fair value. The current Return-on-Tangible-Equity is 4.52%, which is near median its 10-year median of 4.94 and 44.9% below the Construction industry median of 8.21. Giken Holdings Co's overall GF Score™ is 68/100 with 2 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 Giken Holdings Co (TSE:1443), the current Return-on-Tangible-Equity is 4.52% 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 Giken Holdings Co (TSE:1443) Overvalued in 2026?

Based on GuruFocus' analysis, Giken Holdings Co stock appears to be overvalued. The current stock price of 円260.00 is trading 40.5% above its estimated GF Value™ of 円185.06. GuruFocus considers Giken Holdings Co to be Significantly Overvalued.

Key valuation signals for TSE:1443:

  • Return-on-Tangible-Equity: 4.52% (near median its 10-year median of 4.94)
  • GF Value™: 円185.06 vs. price of 円260.00 (40.5% above fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 44.9% below the Construction median (#1039 of 1712)

No single metric tells the full story. See the TSE:1443 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Giken Holdings Co Business Description

Address 17 Higashimatsushitacho, 6th Floor, Head Office Building, Freesia, Kanda, Chiyoda-ku, Tokyo, JPN, 166-0004
Giken Holdings Co Ltd is engaged in the business management of subsidiaries and other industries involved in civil engineering related business, construction, and formwork lending-related business.
68GF Score

Get the complete analysis for TSE:1443

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

円260.00
Price
円185.06
GF Value