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Matsui Construction CoTSE:1810 -0.21%63 Return-on-Tangible-Equity is 8.68% as of Mar. 2026, which is 42% above its 10-year median of 6.12. GuruFocus rates TSE:1810 with a GF Score™ of 63/100 and a GF Value™ of 円914.79 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,712 Construction companies, Matsui Construction Co ranks worse than 50.23% 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. Matsui Construction Co's annualized net income for the quarter that ended in Mar. 2026 was 円4,772 Mil. Matsui Construction Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円54,960 Mil. Therefore, Matsui Construction Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.68%.
The historical rank and industry rank for Matsui Construction Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:1810'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.54 Med: 6.12 Max: 14.5
Current: 8.15
During the past 13 years, Matsui Construction Co's highest Return-on-Tangible-Equity was 14.50%. The lowest was 2.54%. And the median was 6.12%.
TSE:1810's Return-on-Tangible-Equity is ranked worse than 50.23% of 1712
companies
in the Construction industry
Industry Median: 8.21
vs TSE:1810: 8.15
Matsui Construction Co (TSE:1810) 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.
Matsui Construction Co Return-on-Tangible-Equity Related Terms
Matsui Construction Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Matsui Construction 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.
Matsui Construction Co Return-on-Tangible-Equity Chart
TSE:1810 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Matsui Construction 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.
Matsui Construction Co Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Matsui Construction Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Matsui Construction 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 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 8.68% mean?
Matsui Construction Co (TSE:1810) has a Return-on-Tangible-Equity of 8.68% 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 Matsui Construction Co and its competitors. This is 42% above median its historical median of 6.12. Over the past decade, Matsui Construction Co's Return-on-Tangible-Equity has ranged from 2.54 to 14.50. According to the industry distribution chart, Matsui Construction Co ranks #860 out of 1712 companies in the Construction industry, placing it in the top 50.2%.
Is Matsui Construction Co's Return-on-Tangible-Equity too high?
Matsui Construction Co's current Return-on-Tangible-Equity of 8.68% is 42% above median its 10-year median of 6.12. Over the past 10 years, this metric has ranged from a low of 2.54 to a high of 14.50. The Construction industry median Return-on-Tangible-Equity is 8.21. Matsui Construction Co's value of 8.68% is 5.7% above this industry median. Based on the distribution chart, Matsui Construction Co ranks #860 out of 1712 companies in the Construction industry, which is below the industry midpoint. Overall, Matsui Construction Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Matsui Construction Co's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Matsui Construction Co ranks #860 out of 1712 companies for Return-on-Tangible-Equity. This places Matsui Construction Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.21. Matsui Construction Co's value of 8.68% is 5.7% above this benchmark. Historically, Matsui Construction Co's own Return-on-Tangible-Equity has ranged from 2.54 to 14.50 over the past decade. While the company's 10-year median is 6.12 vs. the industry median of 8.21, Matsui Construction 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. Matsui Construction Co's current Return-on-Tangible-Equity of 8.68% is 5.7% 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 Matsui Construction 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. Matsui Construction Co's current Return-on-Tangible-Equity is 8.68%, which is 42% above median its own 10-year median of 6.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matsui Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Matsui Construction Co (TSE:1810) is currently considered Significantly Overvalued. The stock's GF Value™ is 円914.79, compared to a current price of 円1,452.00 — trading 58.7% above its estimated fair value. The current Return-on-Tangible-Equity is 8.68%, which is 42% above median its 10-year median of 6.12 and 5.7% above the Construction industry median of 8.21. Matsui Construction Co's overall GF Score™ is 63/100 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 Matsui Construction Co (TSE:1810), the current Return-on-Tangible-Equity is 8.68% 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 Matsui Construction Co (TSE:1810) Overvalued in 2026?
Based on GuruFocus' analysis, Matsui Construction Co stock appears to be overvalued.
The current stock price of 円1,452.00 is trading 58.7% above its estimated GF Value™ of 円914.79.
GuruFocus considers Matsui Construction Co to be Significantly Overvalued.
Key valuation signals for TSE:1810:
Return-on-Tangible-Equity: 8.68% (42% above median its 10-year median of 6.12)
GF Value™: 円914.79 vs. price of 円1,452.00 (58.7% above fair value)
Industry Position: 5.7% above the Construction median (#860 of 1712)
No single metric tells the full story. See the TSE:1810 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Matsui Construction Co Ltd is engaged in the designing, supervision and contracting of civil engineering and architecture, sawing and wood working, manufacturing and sale of building materials and others.
63GF Score
Get the complete analysis for TSE:1810
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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