Kyowanissei CoTSE:1981 +1.14%59 Return-on-Tangible-Equity is 7.45% as of Mar. 2026, which is 20% above its 10-year median of 6.20. GuruFocus rates TSE:1981 with a GF Score™ of 59/100 and a GF Value™ of 円1,655.86 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,704 Construction companies, Kyowanissei Co ranks worse than 55.4% 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. Kyowanissei Co's annualized net income for the quarter that ended in Mar. 2026 was 円1,398 Mil. Kyowanissei Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円18,782 Mil. Therefore, Kyowanissei Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.45%.
The historical rank and industry rank for Kyowanissei Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:1981'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.1 Med: 6.2 Max: 10.87
Current: 6.41
During the past 13 years, Kyowanissei Co's highest Return-on-Tangible-Equity was 10.87%. The lowest was 5.10%. And the median was 6.20%.
TSE:1981's Return-on-Tangible-Equity is ranked worse than 55.4% of 1704
companies
in the Construction industry
Industry Median: 8.22
vs TSE:1981: 6.41
Kyowanissei Co (TSE:1981) 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.
Kyowanissei Co Return-on-Tangible-Equity Related Terms
Kyowanissei Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Kyowanissei 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:1981 vs TT, JCI, CARR: Return-on-Tangible-Equity Comparison
For the Building Products & Equipment subindustry, Kyowanissei 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.
Kyowanissei Co Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Kyowanissei Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Kyowanissei 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 7.45% mean?
Kyowanissei Co (TSE:1981) has a Return-on-Tangible-Equity of 7.45% 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 Kyowanissei Co and its competitors. This is 20% above median its historical median of 6.20. Over the past decade, Kyowanissei Co's Return-on-Tangible-Equity has ranged from 5.10 to 10.87. According to the industry distribution chart, Kyowanissei Co ranks #944 out of 1704 companies in the Construction industry, placing it in the top 55.4%.
Is Kyowanissei Co's Return-on-Tangible-Equity too high?
Kyowanissei Co's current Return-on-Tangible-Equity of 7.45% is 20% above median its 10-year median of 6.20. Over the past 10 years, this metric has ranged from a low of 5.10 to a high of 10.87. The Construction industry median Return-on-Tangible-Equity is 8.22. Kyowanissei Co's value of 7.45% is 9.4% below this industry median. Based on the distribution chart, Kyowanissei Co ranks #944 out of 1704 companies in the Construction industry, which is below the industry midpoint. Overall, Kyowanissei Co has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kyowanissei Co's Return-on-Tangible-Equity compare to TT and JCI?
According to the Construction industry distribution chart, Kyowanissei Co ranks #944 out of 1704 companies for Return-on-Tangible-Equity. This places Kyowanissei Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.22. Kyowanissei Co's value of 7.45% is 9.4% below this benchmark. Historically, Kyowanissei Co's own Return-on-Tangible-Equity has ranged from 5.10 to 10.87 over the past decade. While the company's 10-year median is 6.20 vs. the industry median of 8.22, Kyowanissei 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 8.22, based on 1,704 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. Kyowanissei Co's current Return-on-Tangible-Equity of 7.45% is 9.4% 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 Kyowanissei Co and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kyowanissei Co's current Return-on-Tangible-Equity is 7.45%, which is 20% above median its own 10-year median of 6.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kyowanissei Co stock overvalued right now?
Based on GuruFocus' analysis, Kyowanissei Co (TSE:1981) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,655.86, compared to a current price of 円1,330.00 — trading 19.7% below its estimated fair value. The current Return-on-Tangible-Equity is 7.45%, which is 20% above median its 10-year median of 6.20 and 9.4% below the Construction industry median of 8.22. Kyowanissei Co's overall GF Score™ is 59/100 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 Kyowanissei Co (TSE:1981), the current Return-on-Tangible-Equity is 7.45% 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 Kyowanissei Co (TSE:1981) Overvalued in 2026?
Based on GuruFocus' analysis, Kyowanissei Co stock appears to be undervalued.
The current stock price of 円1,330.00 is trading 19.7% below its estimated GF Value™ of 円1,655.86.
GuruFocus considers Kyowanissei Co to be Modestly Undervalued.
Key valuation signals for TSE:1981:
Return-on-Tangible-Equity: 7.45% (20% above median its 10-year median of 6.20)
GF Value™: 円1,655.86 vs. price of 円1,330.00 (19.7% below fair value)
Industry Position: 9.4% below the Construction median (#944 of 1704)
No single metric tells the full story. See the TSE:1981 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kyowanissei Co Ltd is engaged in the construction business in Japan. It constructs gas facilities & apartment buildings & plant facilities It also provides maintenance, repair & installation services for sanitary equipment & air conditioning equipment. Its gasworks includes interior and underground piping work; construction and facility work include construction work, water supply, and drainage work, the air-conditioning system work and interior finishing work; electrical facility and civil engineering work include underground burial of electric cables work, engineering work, as well as water and sewerage work. Its segments include: Construction facilities business; Gas equipment business; Gas pipeline business; and Electrical installation/civil engineering business.
59GF Score
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