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Candeal CoTSE:1446 -0.56%71 Return-on-Tangible-Equity is 54.91% as of Mar. 2026, which is 108% above its 10-year median of 26.42. GuruFocus rates TSE:1446 with a GF Score™ of 71/100 and a GF Value™ of 円671.53 (Modestly Undervalued). Among 1,712 Construction companies, Candeal Co ranks better than 77.8% 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. Candeal Co's annualized net income for the quarter that ended in Mar. 2026 was 円738 Mil. Candeal Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円1,344 Mil. Therefore, Candeal Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 54.91%.
The historical rank and industry rank for Candeal Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:1446'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -12.01 Med: 26.42 Max: 82.57
Current: 21.6
During the past 10 years, Candeal Co's highest Return-on-Tangible-Equity was 82.57%. The lowest was -12.01%. And the median was 26.42%.
TSE:1446's Return-on-Tangible-Equity is ranked better than 77.8% of 1712
companies
in the Construction industry
Industry Median: 8.21
vs TSE:1446: 21.60
Candeal Co (TSE:1446) 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.
Candeal Co Return-on-Tangible-Equity Related Terms
Candeal Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Candeal 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.
TSE:1446 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Candeal 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.
Candeal Co Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Candeal Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Candeal Co'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 54.91% mean?
Candeal Co (TSE:1446) has a Return-on-Tangible-Equity of 54.91% 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 Candeal Co and its competitors. This is 108% above median its historical median of 26.42. According to the industry distribution chart, Candeal Co ranks #380 out of 1712 companies in the Construction industry, placing it in the top 22.2%.
Is Candeal Co's Return-on-Tangible-Equity too high?
Candeal Co's current Return-on-Tangible-Equity of 54.91% is 108% above median its 10-year median of 26.42. The Construction industry median Return-on-Tangible-Equity is 8.21. Candeal Co's value of 54.91% is 568.8% above this industry median. Based on the distribution chart, Candeal Co ranks #380 out of 1712 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Candeal Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Candeal Co's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Candeal Co ranks #380 out of 1712 companies for Return-on-Tangible-Equity. This places Candeal Co in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.21. Candeal Co's value of 54.91% is 568.8% above this benchmark. While the company's 10-year median is 26.42 vs. the industry median of 8.21, Candeal 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 8.21, 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. Candeal Co's current Return-on-Tangible-Equity of 54.91% is 568.8% 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 Candeal 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. Candeal Co's current Return-on-Tangible-Equity is 54.91%, which is 108% above median its own 10-year median of 26.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Candeal Co stock overvalued right now?
Based on GuruFocus' analysis, Candeal Co (TSE:1446) is currently considered Modestly Undervalued. The stock's GF Value™ is 円671.53, compared to a current price of 円537.00 — trading 20% below its estimated fair value. The current Return-on-Tangible-Equity is 54.91%, which is 108% above median its 10-year median of 26.42 and 568.8% above the Construction industry median of 8.21. Candeal Co's overall GF Score™ is 71/100. 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 Candeal Co (TSE:1446), the current Return-on-Tangible-Equity is 54.91% 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 Candeal Co (TSE:1446) Overvalued in 2026?
Based on GuruFocus' analysis, Candeal Co stock appears to be undervalued.
The current stock price of 円537.00 is trading 20% below its estimated GF Value™ of 円671.53.
GuruFocus considers Candeal Co to be Modestly Undervalued.
Key valuation signals for TSE:1446:
Return-on-Tangible-Equity: 54.91% (108% above median its 10-year median of 26.42)
GF Value™: 円671.53 vs. price of 円537.00 (20% below fair value)
Industry Position: 568.8% above the Construction median (#380 of 1712)
No single metric tells the full story. See the TSE:1446 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Candeal Co Ltd provides building repair service to detached houses, apartment complexes, commercial facilities, and others. The company's services include repair and inspection service, construction service, and trading and distribution.
71GF 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.
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