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.
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.
Seikitokyu Kogyo CoTSE:1898 -0.62%69 Return-on-Tangible-Equity is 15.72% as of Mar. 2026, which is 54% above its 10-year median of 10.23. GuruFocus rates TSE:1898 with a GF Score™ of 69/100 and a GF Value™ of 円1,576.84 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,712 Construction companies, Seikitokyu Kogyo Co ranks better than 60.05% 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. Seikitokyu Kogyo Co's annualized net income for the quarter that ended in Mar. 2026 was 円6,716 Mil. Seikitokyu Kogyo Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円42,719 Mil. Therefore, Seikitokyu Kogyo Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.72%.
The historical rank and industry rank for Seikitokyu Kogyo Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:1898'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.83 Med: 10.23 Max: 23.93
Current: 11.2
During the past 13 years, Seikitokyu Kogyo Co's highest Return-on-Tangible-Equity was 23.93%. The lowest was 2.83%. And the median was 10.23%.
TSE:1898's Return-on-Tangible-Equity is ranked better than 60.05% of 1712
companies
in the Construction industry
Industry Median: 8.21
vs TSE:1898: 11.20
Seikitokyu Kogyo Co (TSE:1898) 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.
Seikitokyu Kogyo Co Return-on-Tangible-Equity Related Terms
Seikitokyu Kogyo Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Seikitokyu Kogyo 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.
Seikitokyu Kogyo Co Return-on-Tangible-Equity Chart
TSE:1898 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Seikitokyu Kogyo 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.
Seikitokyu Kogyo Co Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Seikitokyu Kogyo Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Seikitokyu Kogyo 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 15.72% mean?
Seikitokyu Kogyo Co (TSE:1898) has a Return-on-Tangible-Equity of 15.72% 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 Seikitokyu Kogyo Co and its competitors. This is 54% above median its historical median of 10.23. Over the past decade, Seikitokyu Kogyo Co's Return-on-Tangible-Equity has ranged from 2.83 to 23.93. According to the industry distribution chart, Seikitokyu Kogyo Co ranks #684 out of 1712 companies in the Construction industry, placing it in the top 40%.
Is Seikitokyu Kogyo Co's Return-on-Tangible-Equity too high?
Seikitokyu Kogyo Co's current Return-on-Tangible-Equity of 15.72% is 54% above median its 10-year median of 10.23. Over the past 10 years, this metric has ranged from a low of 2.83 to a high of 23.93. The Construction industry median Return-on-Tangible-Equity is 8.21. Seikitokyu Kogyo Co's value of 15.72% is 91.5% above this industry median. Based on the distribution chart, Seikitokyu Kogyo Co ranks #684 out of 1712 companies in the Construction industry, which is above the industry midpoint. Overall, Seikitokyu Kogyo Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Seikitokyu Kogyo Co's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Seikitokyu Kogyo Co ranks #684 out of 1712 companies for Return-on-Tangible-Equity. This puts Seikitokyu Kogyo Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.21. Seikitokyu Kogyo Co's value of 15.72% is 91.5% above this benchmark. Historically, Seikitokyu Kogyo Co's own Return-on-Tangible-Equity has ranged from 2.83 to 23.93 over the past decade. While the company's 10-year median is 10.23 vs. the industry median of 8.21, Seikitokyu Kogyo 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. Seikitokyu Kogyo Co's current Return-on-Tangible-Equity of 15.72% is 91.5% 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 Seikitokyu Kogyo 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. Seikitokyu Kogyo Co's current Return-on-Tangible-Equity is 15.72%, which is 54% above median its own 10-year median of 10.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seikitokyu Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Seikitokyu Kogyo Co (TSE:1898) is currently considered Fairly Valued. The stock's GF Value™ is 円1,576.84, compared to a current price of 円1,452.00 — trading 7.9% below its estimated fair value. The current Return-on-Tangible-Equity is 15.72%, which is 54% above median its 10-year median of 10.23 and 91.5% above the Construction industry median of 8.21. Seikitokyu Kogyo Co's overall GF Score™ is 69/100 with 4 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 Seikitokyu Kogyo Co (TSE:1898), the current Return-on-Tangible-Equity is 15.72% 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 Seikitokyu Kogyo Co (TSE:1898) Overvalued in 2026?
Based on GuruFocus' analysis, Seikitokyu Kogyo Co stock appears to be undervalued.
The current stock price of 円1,452.00 is trading 7.9% below its estimated GF Value™ of 円1,576.84.
GuruFocus considers Seikitokyu Kogyo Co to be Fairly Valued.
Key valuation signals for TSE:1898:
Return-on-Tangible-Equity: 15.72% (54% above median its 10-year median of 10.23)
GF Value™: 円1,576.84 vs. price of 円1,452.00 (7.9% below fair value)
Industry Position: 91.5% above the Construction median (#684 of 1712)
No single metric tells the full story. See the TSE:1898 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Seikitokyu Kogyo Co Ltd is a general construction company belonging to Tokyu group. The firm is mainly engaged in the development of social capital, business development, such as civil engineering, irrigation and the environment, pavement material production and sales. It specializes in asphalt paving.
69GF Score
Get the complete analysis for TSE:1898
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:1898 has been successfully added to your 
